The Hanover Insurance Stock Analysis

THG Stock  USD 165.01  0.74  0.45%   
The Hanover Insurance is fairly valued with Real Value of 159.39 and Target Price of 130.33. The main objective of Hanover Insurance stock analysis is to determine its intrinsic value, which is an estimate of what The Hanover Insurance is worth, separate from its market price. There are two main types of Hanover Insurance's stock analysis: fundamental analysis and technical analysis.
The Hanover Insurance stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hanover Insurance's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Hanover Stock Analysis Notes

About 88.0% of the company shares are owned by institutional investors. The book value of Hanover Insurance was at this time reported as 79.94. The company recorded earning per share (EPS) of 10.08. Hanover Insurance last dividend was issued on the 13th of September 2024. The entity had 5:4 split on the November 8, 2013. The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts. Hanover Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 4400 people. To find out more about The Hanover Insurance contact the company at 508 855 1000 or learn more at https://www.hanover.com.

Hanover Insurance Quarterly Total Revenue

1.57 Billion

Hanover Insurance Investment Alerts

The Hanover Insurance has 783.2 M in debt with debt to equity (D/E) ratio of 0.34, which is OK given its current industry classification. Hanover Insurance has a current ratio of 0.35, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Hanover to invest in growth at high rates of return.
Hanover Insurance has a poor financial position based on the latest SEC disclosures
Over 88.0% of Hanover Insurance shares are owned by institutional investors
Latest headline from bizjournals.com: 21M sale of Bala Cynwyd site paves way for apartment development

Hanover Insurance Upcoming and Recent Events

31st of January 2024
Upcoming Quarterly Report
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7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Hanover Largest EPS Surprises

Earnings surprises can significantly impact Hanover Insurance's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2012-08-01
2012-06-300.190.220.0315 
2009-05-07
2009-03-310.440.510.0715 
2003-10-27
2003-09-300.430.50.0716 
View All Earnings Estimates

Hanover Insurance Environmental, Social, and Governance (ESG) Scores

Hanover Insurance's ESG score is a quantitative measure that evaluates Hanover Insurance's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Hanover Insurance's operations that may have significant financial implications and affect Hanover Insurance's stock price as well as guide investors towards more socially responsible investments.

Hanover Insurance Thematic Classifications

In addition to having Hanover Insurance stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Insurance Providers Idea
Insurance Providers
All types of insurance and insurance brokerages

Hanover Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dimensional Fund Advisors, Inc.2024-09-30
793.9 K
Ameriprise Financial Inc2024-06-30
681.7 K
Alliancebernstein L.p.2024-06-30
663 K
Geode Capital Management, Llc2024-09-30
660.3 K
Fuller & Thaler Asset Management Inc2024-09-30
621.4 K
International Assets Investment Management, Llc2024-09-30
552.5 K
Macquarie Group Ltd2024-06-30
539.6 K
London Company Of Virginia2024-06-30
444.9 K
Norges Bank2024-06-30
432.5 K
Vanguard Group Inc2024-09-30
3.6 M
Blackrock Inc2024-06-30
3.3 M
Note, although Hanover Insurance's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hanover Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 5.95 B.

Hanover Profitablity

The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.09 %, which entails that for every 100 dollars of revenue, it generated $0.09 of operating income.
Last ReportedProjected for Next Year
Return On Capital Employed 0.01  0.01 
Return On Equity 0.01  0.01 

Management Efficiency

Hanover Insurance has Return on Asset of 0.0215 % which means that on every $100 spent on assets, it made $0.0215 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1463 %, implying that it generated $0.1463 on every 100 dollars invested. Hanover Insurance's management efficiency ratios could be used to measure how well Hanover Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0. The current Return On Capital Employed is estimated to decrease to 0.01. At this time, Hanover Insurance's Other Current Assets are most likely to decrease significantly in the upcoming years. The Hanover Insurance's current Net Tangible Assets is estimated to increase to about 2.9 B, while Non Current Assets Total are projected to decrease to roughly 738.7 M.
Last ReportedProjected for Next Year
Book Value Per Share 69.06  44.70 
Tangible Book Value Per Share 64.06  42.40 
Enterprise Value Over EBITDA 63.85  67.05 
Price Book Value Ratio 1.76  0.94 
Enterprise Value Multiple 63.85  67.05 
Price Fair Value 1.76  0.94 
Enterprise Value5.3 B5.6 B
Examining the leadership quality of The Hanover Insurance offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield
0.0206
Operating Margin
0.0883
Profit Margin
0.0592
Forward Dividend Yield
0.0206
Beta
0.705

Technical Drivers

As of the 1st of December, Hanover Insurance retains the Market Risk Adjusted Performance of 0.2761, downside deviation of 1.12, and Risk Adjusted Performance of 0.1589. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of The Hanover Insurance, as well as the relationship between them. Please check out Hanover Insurance variance, as well as the relationship between the maximum drawdown and semi variance to decide if Hanover Insurance is priced fairly, providing market reflects its last-minute price of 165.01 per share. Given that The Hanover Insurance has jensen alpha of 0.129, we strongly advise you to confirm Hanover Insurance's regular market performance to make sure the company can sustain itself at a future point.

Hanover Insurance Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hanover Insurance middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hanover Insurance. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Hanover Insurance Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hanover Insurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hanover Insurance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hanover Insurance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Denise Lowsley over a week ago
Disposition of 1823 shares by Denise Lowsley of Hanover Insurance at 162.32 subject to Rule 16b-3
 
Jeffrey Farber over a week ago
Disposition of 4913 shares by Jeffrey Farber of Hanover Insurance at 165.06 subject to Rule 16b-3
 
Kevin Bradicich over a month ago
Acquisition by Kevin Bradicich of 1119 shares of Hanover Insurance subject to Rule 16b-3
 
Jeffrey Farber over a month ago
Disposition of 151 shares by Jeffrey Farber of Hanover Insurance at 150.0066 subject to Rule 16b-3
 
Jeffrey Farber over two months ago
Disposition of 2550 shares by Jeffrey Farber of Hanover Insurance at 150.04 subject to Rule 16b-3
 
Richard Lavey over three months ago
Disposition of 3358 shares by Richard Lavey of Hanover Insurance at 66.14 subject to Rule 16b-3
 
Richard Lavey over three months ago
Disposition of 8468 shares by Richard Lavey of Hanover Insurance at 66.14 subject to Rule 16b-3
 
Warren Barnes over three months ago
Disposition of 500 shares by Warren Barnes of Hanover Insurance at 138.25 subject to Rule 16b-3
 
Dennis Kerrigan over three months ago
Acquisition by Dennis Kerrigan of tradable shares of Hanover Insurance subject to Rule 16b-3
 
Jane Carlin over six months ago
Disposition of 1119 shares by Jane Carlin of Hanover Insurance at 132.2491 subject to Rule 16b-3
 
Willard Lee over six months ago
Disposition of 1000 shares by Willard Lee of Hanover Insurance at 135.94 subject to Rule 16b-3
 
Warren Barnes over six months ago
Acquisition by Warren Barnes of tradable shares of Hanover Insurance subject to Rule 16b-3

Hanover Insurance Outstanding Bonds

Hanover Insurance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hanover Insurance uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hanover bonds can be classified according to their maturity, which is the date when The Hanover Insurance has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Hanover Insurance Predictive Daily Indicators

Hanover Insurance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hanover Insurance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Hanover Insurance Corporate Filings

F4
26th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
20th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
12th of November 2024
Other Reports
ViewVerify
F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
31st of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
21st of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Hanover Insurance Forecast Models

Hanover Insurance's time-series forecasting models are one of many Hanover Insurance's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hanover Insurance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Hanover Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hanover Insurance prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hanover shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hanover Insurance. By using and applying Hanover Stock analysis, traders can create a robust methodology for identifying Hanover entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.01  0.01 
Operating Profit Margin 0.01  0.01 
Net Profit Margin 0.01  0.01 
Gross Profit Margin 0.90  0.80 

Current Hanover Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hanover analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hanover analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
130.33Strong Buy6Odds
The Hanover Insurance current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hanover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hanover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hanover Insurance, talking to its executives and customers, or listening to Hanover conference calls.
Hanover Analyst Advice Details

Hanover Stock Analysis Indicators

The Hanover Insurance stock analysis indicators help investors evaluate how Hanover Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hanover Insurance shares will generate the highest return on investment. By understating and applying Hanover Insurance stock analysis, traders can identify Hanover Insurance position entry and exit signals to maximize returns.
Begin Period Cash Flow305 M
Long Term Debt783.2 M
Common Stock Shares Outstanding36.1 M
Total Stockholder Equity2.5 B
Tax Provision7.6 M
Quarterly Earnings Growth Y O Y10.656
Property Plant And Equipment Net-17.5 B
Cash And Short Term Investments316.1 M
Cash316.1 M
Accounts Payable64.3 M
Net Debt467.1 M
50 Day M A153.3984
Total Current Liabilities6.1 B
Other Operating ExpensesB
Non Current Assets Total777.6 M
Forward Price Earnings11.8906
Non Currrent Assets Other173.3 M
Stock Based Compensation31.1 M

Complementary Tools for Hanover Stock analysis

When running Hanover Insurance's price analysis, check to measure Hanover Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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