THG Stock - The Hanover Insurance Group, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $6.22B | $5.96B | $5.43B | $5.16B | $4.82B |
| Gross Profit | $1.24B | $652.90M | $716.30M | $1.04B | $1.02B |
| Gross Margin | 19.9% | 10.9% | 13.2% | 20.2% | 21.2% |
| Operating Income | $537.80M | $41.10M | $144.00M | $521.30M | $444.80M |
| Net Income | $426.00M | $35.30M | $116.00M | $422.80M | $358.70M |
| Net Margin | 6.9% | 0.6% | 2.1% | 8.2% | 7.4% |
| EPS | $11.85 | $0.98 | $3.21 | $11.79 | $9.51 |
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 three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 25th 2025 | RBC Capital Mkts | Initiation | Sector Perform | $200 |
| July 9th 2025 | Keefe Bruyette | Upgrade | Outperform | $188 |
| December 5th 2024 | Morgan Stanley | Initiation | Equal Weight | $170 |
| November 21st 2024 | Janney | Downgrade | Neutral | $176 |
| November 16th 2023 | Oppenheimer | Initiation | Outperform | $135 |
| August 31st 2023 | BMO Capital Markets | Upgrade | Outperform | $126← $125 |
| July 6th 2023 | Piper Sandler | Upgrade | Overweight | $153← $155 |
| May 18th 2023 | BofA Securities | Downgrade | Neutral | $130← $142 |
| January 20th 2023 | BMO Capital Markets | Initiation | Market Perform | $141 |
| November 11th 2022 | Janney | Initiation | Buy | $164 |
| November 7th 2022 | Piper Sandler | Downgrade | Neutral | $144 |
| June 29th 2022 | Morgan Stanley | Initiation | Equal Weight | $155 |
Earnings History & Surprises
THGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $4.73 | — | — | — |
Q4 2025 | Oct 29, 2025 | $3.79 | $5.09 | +34.3% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $3.07 | $4.35 | +41.7% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $3.58 | $3.87 | +8.1% | ✓ BEAT |
Q1 2025 | Feb 4, 2025 | $3.45 | $5.32 | +54.2% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $2.53 | $3.05 | +20.6% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $1.88 | $1.88 | 0.0% | = MET |
Q2 2024 | May 1, 2024 | $2.71 | $3.08 | +13.7% | ✓ BEAT |
Q1 2024 | Jan 31, 2024 | $2.73 | $3.13 | +14.7% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $0.19 | $0.19 | 0.0% | = MET |
Q3 2023 | Aug 2, 2023 | $-1.91 | $-1.91 | 0.0% | = MET |
Q2 2023 | May 2, 2023 | $0.07 | $0.13 | +85.7% | ✓ BEAT |
Q1 2023 | Feb 1, 2023 | $-1.05 | $-1.05 | 0.0% | = MET |
Q4 2022 | Nov 1, 2022 | $0.97 | $0.99 | +2.1% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $2.10 | $2.32 | +10.5% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $3.06 | $3.26 | +6.5% | ✓ BEAT |
Q1 2022 | Feb 2, 2022 | $2.46 | $3.38 | +37.4% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.92 | $0.85 | -7.6% | ✗ MISS |
Q3 2021 | Jul 27, 2021 | $2.38 | $2.85 | +19.7% | ✓ BEAT |
Latest News
The Hanover Insurance Group The Hanover Insurance Group, Inc. Increases Quarterly Dividend From $0.90 To $0.95/share
📈 PositiveRBC Capital Initiates Coverage On The Hanover Insurance Gr with Sector Perform Rating, Announces Price Target of $200
➖ NeutralKeefe, Bruyette & Woods Maintains Outperform on The Hanover Insurance Gr, Raises Price Target to $200
📈 PositiveHanover Insurance Gr Q3 Adj. EPS $5.09 Beats $4.05 Estimate, Sales $1.551B Miss $1.699B Estimate
➖ NeutralMorgan Stanley Maintains Equal-Weight on The Hanover Insurance Gr, Raises Price Target to $190
➖ NeutralReported Earlier, The Hanover Insurance Group Announces Pricing Of $500M Senior Unsecured 5.50% Notes Due September 1, 2035
➖ NeutralFrequently Asked Questions about THG
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