The Hanover Insurance Group, Inc. (NYSE:THG) Receives $223.29 Average Target Price from Analysts

The Hanover Insurance Group, Inc. (NYSE:THGGet Free Report) has earned an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $223.2857.

Several analysts have commented on THG shares. Citizens Jmp upped their price objective on The Hanover Insurance Group from $225.00 to $240.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 29th. Piper Sandler lowered The Hanover Insurance Group from an “overweight” rating to a “neutral” rating and set a $220.00 target price on the stock. in a report on Wednesday, July 15th. Oppenheimer upped their price target on The Hanover Insurance Group from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Citigroup reaffirmed an “outperform” rating on shares of The Hanover Insurance Group in a report on Friday, July 10th. Finally, Weiss Ratings upgraded shares of The Hanover Insurance Group from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, July 30th.

Check Out Our Latest Analysis on The Hanover Insurance Group

The Hanover Insurance Group Trading Up 0.5%

NYSE THG opened at $229.08 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.38 and a current ratio of 0.38. The firm has a market cap of $7.98 billion, a PE ratio of 10.93 and a beta of 0.27. The Hanover Insurance Group has a one year low of $165.50 and a one year high of $236.07. The firm’s fifty day moving average is $208.99 and its two-hundred day moving average is $189.06.

The Hanover Insurance Group (NYSE:THGGet Free Report) last announced its earnings results on Tuesday, July 28th. The insurance provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $3.84 by $1.47. The Hanover Insurance Group had a net margin of 11.17% and a return on equity of 21.72%. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the firm earned $4.35 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Analysts expect that The Hanover Insurance Group will post 19.45 earnings per share for the current year.

The Hanover Insurance Group announced that its Board of Directors has authorized a stock buyback plan on Wednesday, May 13th that permits the company to repurchase $700.00 million in outstanding shares. This repurchase authorization permits the insurance provider to buy up to 10.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

The Hanover Insurance Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a $0.95 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $3.80 annualized dividend and a dividend yield of 1.7%. The Hanover Insurance Group’s payout ratio is presently 18.14%.

Key Stories Impacting The Hanover Insurance Group

Here are the key news stories impacting The Hanover Insurance Group this week:

  • Positive Sentiment: Analysts raised earnings estimates. DOWLING & PARTN increased its FY2026 EPS forecast to $19.50 from $18.00 and its FY2027 forecast to $19.00 from $17.50. The FY2026 estimate is above the current consensus of $19.15, signaling improved expectations for profitability. MarketBeat THG analyst estimates
  • Positive Sentiment: Momentum and valuation screens remain supportive. Recent Zacks analysis highlights THG as a potential momentum stock and examines whether its shares remain undervalued, supporting investor interest after the stock’s substantial advance above both its 50-day and 200-day moving averages. Zacks momentum analysis Zacks valuation analysis
  • Positive Sentiment: Recent operating results were well ahead of expectations. THG reported quarterly EPS of $5.31 versus the $3.84 consensus, while revenue reached $1.73 billion, above estimates of $1.65 billion and up 4.6% year over year. The company also reported a 21.72% return on equity and an 11.17% net margin. MarketBeat THG earnings report
  • Neutral Sentiment: Analyst opinion is mixed but leans positive. THG carries a “Moderate Buy” consensus rating, with a consensus price target of $223.29. Citizens JMP raised its target to $240, while Morgan Stanley and BMO Capital Markets maintain more cautious, market-perform or equal-weight views.
  • Negative Sentiment: An insider reduced exposure. Director Jane Carlin sold 1,000 shares at an average price of $231.50, reducing her holdings by approximately 30.6%. While the transaction is relatively small, insider selling can weigh on sentiment, particularly with the stock near its 52-week high. THG insider selling report

Insider Activity

In other The Hanover Insurance Group news, CEO John C. Roche sold 8,358 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $193.74, for a total transaction of $1,619,278.92. Following the transaction, the chief executive officer owned 141,011 shares in the company, valued at approximately $27,319,471.14. The trade was a 5.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Francisco Aristeguieta sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $195.37, for a total value of $195,370.00. Following the completion of the sale, the director directly owned 4,053 shares of the company’s stock, valued at $791,834.61. This represents a 19.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 27,108 shares of company stock valued at $5,295,251 over the last ninety days. 2.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Legato Capital Management LLC acquired a new stake in shares of The Hanover Insurance Group in the fourth quarter valued at about $1,238,000. Intech Investment Management LLC acquired a new position in The Hanover Insurance Group during the fourth quarter worth about $4,926,000. UBS Group AG increased its holdings in The Hanover Insurance Group by 58.7% in the fourth quarter. UBS Group AG now owns 149,300 shares of the insurance provider’s stock valued at $27,288,000 after buying an additional 55,220 shares in the last quarter. Norges Bank purchased a new position in The Hanover Insurance Group in the fourth quarter valued at about $83,817,000. Finally, Dockside LLC acquired a new stake in shares of The Hanover Insurance Group during the 4th quarter valued at approximately $1,225,000. Hedge funds and other institutional investors own 86.61% of the company’s stock.

About The Hanover Insurance Group

(Get Free Report)

The Hanover Insurance Group, Inc (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions.

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Analyst Recommendations for The Hanover Insurance Group (NYSE:THG)

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