Grufity logoGrufity logo

THG

143.71USD+1.28(+0.90%)Market Closed

Hanover Insurance Group Inc

Market Summary

USD143.71+1.28Market Closed
0.90%

THG Alerts

THG Stock Price

RSI Chart

Valuation

Market Cap

5.2B

Price/Earnings

15.92

Price/Sales

0.98

Price/Cashflow

7.15

MarketCap/EBT

12.76

Price/Sales

Profitability

EBT Margin

7.69%

Return on Equity

12.63%

Return on Assets

2.39%

Fundamentals

Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

7.04%

Revenue Q/Q

5.68%

Earnings

Earnings (TTM)

291.1M

Earnings Y/Y

-99.41%

Earnings Q/Q

-99.12%

Price Action

52 Week Range

123.05155.55
(Low)(High)

Last 7 days

-1.5%

Last 30 days

-0.4%

Last 90 days

9.4%

Trailing 12 Months

12.6%

Financial Health

Debt/Equity

0.21

Debt/Cashflow

1.26

Investor Care

Dividend Yield

1.51%

Dividend/Share (TTM)

2.16

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

8.05

Peers (Alternatives to Hanover Insurance Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
75.8B
45.5B
3.44% 37.45%
88.97
1.57
5.36% -78.95%
43.2B
58.9B
6.51% 14.63%
3.4
0.76
23.70% 146.04%
42.6B
32.3B
2.97% 26.92%
12.71
1.18
-5.57% -7.78%
34.2B
50.8B
0.92% 20.30%
35.26
0.68
4.61% -107.01%
23.3B
1.3B
1.69% 12.09%
11.93
1.05
-94.25% -10.03%
12.7B
11.8B
1.60% 29.06%
16.3
1.08
5.22% -41.47%
12.2B
6.9B
-3.42% 15.05%
11.87
1.84
-7.39% -58.10%
11.4B
11.7B
0.57% 29.95%
32.11
0.97
8.99% -61.35%
MID-CAP
6.8B
6.1B
3.27% 14.86%
-7.36
1.15
9.56% -1967.02%
3.5B
789.0M
11.78% -9.41%
-4.09
4.2
-80.45% -142.39%
2.2B
298.6M
-21.70% -21.17%
46.77
7.21
53.72% 302.27%
SMALL-CAP
1.6B
1.4B
-4.18% -1.53%
27.25
1.18
1.22% -62.42%
1.2B
1.1B
-9.77% -16.26%
30.02
1.01
8.08% -85.91%
935.9M
795.3M
2.09% -8.23%
-12.94
1.19
4.68% 58.15%

Financials for Hanover Insurance Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.7%5,3655,2755,2755,2285,150
Earnings Before Taxes-10.4%364406537521524
Net Income-10.4%291325431419420
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.1%13,74613,60113,84714,25414,105
    Cash Equivalents13.0%165146272231171
  Goodwill0%179179179179179
Liabilities3.8%11,45011,02911,01411,10911,003
Shareholder's Equity-10.7%2,2962,5722,8333,1453,102
  Retained Earnings-0.9%3,0303,0573,0612,9832,847
  Additional Paid-In Capital0.4%1,9051,8971,8881,8871,881
Shares Outstanding0.3%363636--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations4.0%752723882824756
  Share Based Compensation7.3%2826242323
Cashflow From Investing-15.8%-598.70-517.20-493.80-460.20-466.20
Cashflow From Financing4.1%-159.80-166.70-228.30-253.20-350.50
  Dividend Payments1.6%107105103102101
  Buy Backs-21.1%5164134163261

Risks

What is the probability of a big loss on THG?

19.6%


Probability that Hanover Insurance Group stock will be more than 20% underwater in next one year

18.5%


Probability that Hanover Insurance Group stock will be more than 30% underwater in next one year.

0%


Probability that Hanover Insurance Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does THG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Hanover Insurance Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on THG

17.6%


10-Year Cumulative Returns

11.0%


7-Year Cumulative Returns

9.9%


5-Year Cumulative Returns

4.3%


3-Year Cumulative Returns

What are the long-term rolling returns for THG?

FIve years rolling returns for Hanover Insurance Group.

Which funds bought or sold THG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
743,000
743,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-945,000
5,761,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
-8,000
171,000
0.03%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
12,000
12,000
-%
2022-11-18
Claro Advisors LLC
-
-
-
663,000
0.26%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-2,000
13,000
-%
2022-11-17
M Holdings Securities, Inc.
UNCHANGED
-
-44,000
314,000
0.04%
2022-11-17
M&T Bank Corp
-
-
52,000
333,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
30.6
97,000
768,000
-%
2022-11-16
CoreFirst Bank & Trust
UNCHANGED
-
-36,000
265,000
0.23%

1–10 of 48

Latest Funds Activity

Are funds buying THG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own THG

Hanover Insurance Group News

StreetInsider.com

Form N-CSRS PIONEER HIGH INCOME FUND.17 hours ago

Legacy Research Group

Legacy Research Group

THG Fair Value

Recent SEC filings of Hanover Insurance Group

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4/A
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 04, 2022
13F-NT
13F-NT
Nov 02, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Oct 20, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for THG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-04
Welzenbach Mark Joseph
SOLD
-380,127
142.21
-2,673
Executive Vice President
2022-11-04
Welzenbach Mark Joseph
SOLD
-380,546
142.367
-2,673
Executive Vice President
2022-08-19
Carlin Jane D
SOLD
-129,266
136.645
-946
-
2022-07-19
Ward Elizabeth A
ACQUIRED
-
-
798
-
2022-06-24
Salvatore Bryan J
ACQUIRED
-
-
21.395
Executive Vice President
2022-06-24
Welzenbach Mark Joseph
ACQUIRED
-
-
15.837
Executive Vice President
2022-06-24
Lowsley Denise
ACQUIRED
-
-
11.032
Executive Vice President
2022-06-24
Lee Willard T
ACQUIRED
-
-
11.663
Executive Vice President
2022-06-24
Roche John C
ACQUIRED
-
-
109.425
President and CEO
2022-06-24
Kerrigan Dennis Francis
ACQUIRED
-
-
16.577
Executive Vice President

1–10 of 50

John C. Roche
4400
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.

THG Income Statement

2022-09-30
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Premiums$ 1,331.2$ 1,186.0$ 3,888.8$ 3,527.6
Net investment income73.078.8220.4231.2
Net realized and unrealized investment gains (losses):    
Net realized gains (losses) from sales and other(0.1)3.6(16.3)6.8
Net change in fair value of equity securities(29.1)0.3(106.1)65.9
Recoveries (Impairments) on Investments:    
Credit-related recoveries (impairments)(1.4)0.7(1.5)0.6
Losses on intent to sell securities(14.3)(0.6)(14.8)(0.7)
Recoveries (impairments) on investments(15.7)0.1(16.3)(0.1)
Total net realized and unrealized investment gains (losses)(44.9)4.0(138.7)72.6
Fees and other income7.06.119.417.9
Total revenues1,366.31,274.93,989.93,849.3
Losses and expenses    
Losses and loss adjustment expenses939.6844.02,572.62,370.4
Amortization of deferred acquisition costs277.1244.0809.3728.5
Interest expense8.58.525.525.5
Other operating expenses140.6135.9423.8408.4
Total losses and expenses1,365.81,232.43,831.23,532.8
Income from continuing operations before income taxes0.542.5158.7316.5
Income tax expense (benefit):    
Current12.99.972.547.1
Deferred(13.0)(2.2)(42.5)12.2
Total income tax expense (benefit)(0.1)7.730.059.3
Income from continuing operations0.634.8128.7257.2
Discontinued operations (net of taxes):    
Net income$ 0.2$ 34.0$ 127.6$ 255.2
Basic:    
Income from continuing operations$ 0.02$ 0.98$ 3.62$ 7.14
Net income per share$ 0.01$ 0.95$ 3.59$ 7.09
Weighted average shares outstanding35.635.735.636.0
Diluted:    
Income from continuing operations$ 0.02$ 0.96$ 3.56$ 7.04
Net income per share$ 0.01$ 0.94$ 3.53$ 6.98
Weighted average shares outstanding36.136.336.136.6
Life [Member]    
Discontinued operations (net of taxes):    
Loss from discontinued life businesses$ (0.4)$ (0.8)$ (1.1)$ (2.0)
Basic:    
Loss from discontinued operations$ (0.01)$ (0.03)$ (0.03)$ (0.05)
Diluted:    
Income (Loss) from discontinued operations$ (0.01)$ (0.02)$ (0.03)$ (0.06)

THG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Fixed maturities, at fair value (amortized cost of $8,093.9 and $7,514.8)$ 7,200.9$ 7,723.9
Equity securities, at fair value399.5661.3
Other investments793.7767.4
Total investments8,394.19,152.6
Cash and cash equivalents164.8230.9
Accrued investment income50.149.8
Premiums and accounts receivable, net1,623.81,469.5
Reinsurance recoverable on paid and unpaid losses and unearned premiums1,945.81,907.3
Deferred acquisition costs600.2552.0
Deferred income tax asset211.2 
Goodwill178.8178.8
Other assets480.9606.3
Assets of discontinued businesses96.2107.1
Total assets13,745.914,254.3
Liabilities  
Loss and loss adjustment expense reserves6,774.06,447.6
Unearned premiums2,971.52,734.9
Expenses and taxes payable723.3907.7
Deferred income tax liability 60.8
Reinsurance premiums payable78.555.1
Debt782.2781.6
Liabilities of discontinued businesses120.5121.7
Total liabilities11,450.011,109.4
Commitments and contingencies
Shareholders’ Equity  
Preferred stock, par value $0.01 per share; 20.0 million shares authorized; none issued
Common stock, par value $0.01 per share; 300.0 million shares authorized; 60.5 million shares issued0.60.6
Additional paid-in capital1,904.51,887.2
Accumulated other comprehensive income (loss)(766.1)122.2
Retained earnings3,029.62,983.2
Treasury stock at cost (24.9 million and 25.0 million shares)(1,872.7)(1,848.3)
Total shareholders’ equity2,295.93,144.9
Total liabilities and shareholders’ equity$ 13,745.9$ 14,254.3