The Hanover Insurance Group (THG) Projected to Post Earnings on Wednesday

The Hanover Insurance Group (NYSE:THG - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect The Hanover Insurance Group to post earnings of $3.90 per share and revenue of $1.55 billion for the quarter.

The Hanover Insurance Group (NYSE:THG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The insurance provider reported $5.32 earnings per share for the quarter, beating analysts' consensus estimates of $3.45 by $1.87. The Hanover Insurance Group had a return on equity of 18.01% and a net margin of 6.83%. On average, analysts expect The Hanover Insurance Group to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

The Hanover Insurance Group Price Performance

Shares of NYSE THG opened at $163.14 on Wednesday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.25. The company's 50-day moving average price is $164.69 and its 200 day moving average price is $158.88. The Hanover Insurance Group has a 52 week low of $119.66 and a 52 week high of $176.16. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 13.96 and a beta of 0.47.

The Hanover Insurance Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a $0.90 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $3.60 annualized dividend and a dividend yield of 2.21%. The Hanover Insurance Group's dividend payout ratio is presently 30.80%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on THG shares. Morgan Stanley upped their target price on The Hanover Insurance Group from $165.00 to $170.00 and gave the company an "equal weight" rating in a research note on Thursday, February 6th. Keefe, Bruyette & Woods reduced their price objective on The Hanover Insurance Group from $179.00 to $171.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 9th. Barclays upgraded The Hanover Insurance Group to a "hold" rating in a research report on Friday, January 24th. Piper Sandler upped their target price on shares of The Hanover Insurance Group from $190.00 to $205.00 and gave the company an "overweight" rating in a report on Tuesday, April 1st. Finally, StockNews.com downgraded shares of The Hanover Insurance Group from a "buy" rating to a "hold" rating in a report on Tuesday. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $178.00.

Insider Activity

In other news, CEO John C. Roche sold 301 shares of the business's stock in a transaction on Monday, March 31st. The shares were sold at an average price of $175.00, for a total transaction of $52,675.00. Following the completion of the sale, the chief executive officer now directly owns 124,414 shares of the company's stock, valued at $21,772,450. The trade was a 0.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.50% of the company's stock.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage.

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