
The Hanover Insurance Group, Inc.
THGNYSEFinancial ServicesInsurance - Property & Casualty
Previous close
$223.16
+$0.05 · +0.02%
THG company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
92
Deep Value
Momentum
59
Neutral
Sentiment
69
Bullish
Risk resilience
84
Low Risk
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Company profile
Company websiteThe Hanover Insurance Group, Inc. (THG) is a U.S.-based insurer offering a wide array of property and casualty coverage through its various operating units. Its operations are organized into three main divisions: Commercial Lines, Personal Lines, and an "Other" segment. The Commercial Lines division delivers a comprehensive suite of business insurance solutions, including multi-peril, commercial auto, and workers' compensation policies. It also provides management and professional liability, marine, specialized industrial and commercial property, standalone general liability, surety bonds, umbrella liability, fidelity, crime, and additional commercial protection. Within Personal Lines, customers can access auto and homeowners' insurance, alongside other individual coverages like personal umbrella policies, inland marine, fire, personal watercraft, and personal cyber protection. The "Other" segment focuses on delivering investment management expertise to institutions, pension funds, and a range of other organizational clients. Distribution of Hanover's offerings is primarily facilitated by a network of independent agents and brokers. Originally incorporated as Allmerica Financial Corp., the company adopted its current name, The Hanover Insurance Group, Inc., in December 2005. Established in 1852, The Hanover Insurance Group, Inc. maintains its corporate headquarters in Worcester, Massachusetts.
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- Headquarters
- US
- CEO
- John Conner Roche
- Listed since
- Oct 11, 1995
- Employees
- 4,900
Market position
Day range
Current $223.16
52-week range
Current $223.16
- Open
- $222.88
- Previous close
- $223.11
- Volume
- 206.84K
- 0.66× average
- Average volume
- 312.22K
- Average daily volume
- Market cap
- 7.77B USD
- Beta
- 0.28
- Market reference 1
- 50-day average
- $216.48
- +3.09% above average
- 200-day average
- $189.04
- +18.05% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 6.62B USD
- P/E (TTM)
- 10.51×
- P/B (TTM)
- 2.16×
- P/S (TTM)
- 1.15×
- EV / EBITDA
- 7.5×
- Earnings yield
- 10.15%
- Free cash flow yield
- 17.94%
- Dividend yield
- 1.68%
Profitability & efficiency
- Gross margin
- 39.89%
- Operating margin
- 14.30%
- Net margin
- 11.18%
- Return on equity
- 18.55%
- Return on assets
- 3.91%
- Return on invested capital
- 11.58%
Financial health
- Debt / equity
- 0.23×
- Current ratio
- 0.62×
- Altman Z-score
- 1.72
- Piotroski F-score
- 7 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 6.6B USD | 6.22B USD | 5.96B USD | 5.43B USD | 5.16B USD |
| Cost of goods sold | 3.73B USD | 4.98B USD | 5.31B USD | 4.72B USD | 4.12B USD |
| Gross profit | 2.87B USD | 1.24B USD | 652.9M USD | 716.3M USD | 1.04B USD |
| Operating expenses | 2.02B USD | 699.9M USD | 611.8M USD | 572.3M USD | 521.4M USD |
| Interest expense | 43.2M USD | 34.1M USD | 34.1M USD | 34.1M USD | 34M USD |
| Depreciation and amortization | −4.6M USD | 1.5M USD | 6.3M USD | 12.9M USD | 16.9M USD |
| Operating income | 843.8M USD | 537.8M USD | 41.1M USD | 144M USD | 521.3M USD |
| Net income | 662.5M USD | 426M USD | 35.3M USD | 116M USD | 422.8M USD |
Company facts updated Aug 24, 2026.
Earnings
- Latest fiscal-year EPS
- 18.51
- FY2025 · +58.21% year over year
- Latest fiscal-year revenue
- 6.6B USD
- FY2025 · +6.12% year over year
- Next fiscal-year EPS consensus
- 20.29
- FY2026 · 5 analysts
- Next fiscal-year revenue consensus
- 6.65B USD
- FY2026 · 3 analysts
Annual EPS trend
Reported history and fiscal-year consensus
Annual revenue trend
Reported history and fiscal-year consensus
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$224.5
0.60% upsideRecent analyst actions
THG news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$3.65
2025 complete year+28.1% since 2021
2026 partial: $1.90
$2.85
2,021
$3.06
2,022
$3.28
2,023
$3.45
2,024
$3.65
2,025
$1.90
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jun 12, 2026 | $0.95Quarterly | Jun 12, 2026 | Jun 26, 2026 |
Dividend | Mar 13, 2026 | $0.95Quarterly | Mar 13, 2026 | Mar 27, 2026 |
Dividend | Dec 12, 2025 | $0.95Quarterly | Dec 12, 2025 | Dec 26, 2025 |
Dividend | Sep 12, 2025 | $0.90Quarterly | Sep 12, 2025 | Sep 26, 2025 |
Dividend | Jun 13, 2025 | $0.90Quarterly | Jun 13, 2025 | Jun 27, 2025 |
Dividend | Mar 14, 2025 | $0.90Quarterly | Mar 14, 2025 | Mar 28, 2025 |
Ex-dividend Jun 12, 2026
$0.95
Quarterly
Record Jun 12, 2026 · Payment Jun 26, 2026
Ex-dividend Mar 13, 2026
$0.95
Quarterly
Record Mar 13, 2026 · Payment Mar 27, 2026
Ex-dividend Dec 12, 2025
$0.95
Quarterly
Record Dec 12, 2025 · Payment Dec 26, 2025
Ex-dividend Sep 12, 2025
$0.90
Quarterly
Record Sep 12, 2025 · Payment Sep 26, 2025
Ex-dividend Jun 13, 2025
$0.90
Quarterly
Record Jun 13, 2025 · Payment Jun 27, 2025
Ex-dividend Mar 14, 2025
$0.90
Quarterly
Record Mar 14, 2025 · Payment Mar 28, 2025
THG peers
ETFs holding THG
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Mid-Cap ETFIJH268.79M0.21%125.92B USD0.05%$76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI232.96M0.01%2.3T USD0.03%$378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB168.3M0.09%183.4B USD0.03%$304.76+0.64%
Avantis U.S. Small Cap Value ETFAVUV163.73M0.53%31.27B USD0.25%$126.45+0.66%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY114.84M0.99%11.64B USD0.58%$43.87+0.46%
Vanguard Morningstar Small-Cap Value ETFVBR106.95M0.16%68.3B USD0.05%$249.18+0.68%
Vanguard Extended Market ETFVXF93.72M0.10%93.7B USD0.05%$245.53+0.82%
State Street SPDR S&P Dividend ETFSDY72.08M0.33%22.07B USD0.35%$158.44+0.23%
iShares Core S&P Mid-Cap ETFIJH- Market value
- 268.79M
- Weight
- 0.21%
- AUM
- 125.92B USD
- Expense ratio
- 0.05%
- Price / 1D
- $76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 232.96M
- Weight
- 0.01%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 168.3M
- Weight
- 0.09%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Avantis U.S. Small Cap Value ETFAVUV- Market value
- 163.73M
- Weight
- 0.53%
- AUM
- 31.27B USD
- Expense ratio
- 0.25%
- Price / 1D
- $126.45+0.66%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY- Market value
- 114.84M
- Weight
- 0.99%
- AUM
- 11.64B USD
- Expense ratio
- 0.58%
- Price / 1D
- $43.87+0.46%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 106.95M
- Weight
- 0.16%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $249.18+0.68%
Vanguard Extended Market ETFVXF- Market value
- 93.72M
- Weight
- 0.10%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
State Street SPDR S&P Dividend ETFSDY- Market value
- 72.08M
- Weight
- 0.33%
- AUM
- 22.07B USD
- Expense ratio
- 0.35%
- Price / 1D
- $158.44+0.23%
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