Inside the research
The Hanover Insurance Group, Inc.
THG Research profile · latest available data
Price overview
$217.44
▼ -0.49 (-0.2%)
| 52w hi | $232.83 |
|---|---|
| 52w lo | $165.10 |
| Vol | 212.80K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.51
| Short | +0.47 |
|---|---|
| Medium | +0.55 |
| Long | +0.52 |
computed 2026-09-27
Key fundamentals
The Hanover Insurance Group, Inc.
Financial Services · Insurance - Property & Casualty
| Market cap | $7.57B |
|---|---|
| Enterprise value | $8.15B |
| Trailing P/E | 10.40x |
| Forward P/E | 11.12x |
| P / S (ttm) | 1.12x |
| Profit margin | 11.2% |
| Return on equity | 21.9% |
| Revenue growth | +4.3% |
| Earnings growth | +24.9% |
| Debt / equity | 22.98 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.36 | |
| Sector | +0.02 | |
| Technical | +0.35 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other. The company offers commercial multiple peril, commercial automobile, workers' compensation, and other core commercial coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty products comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. It also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. In addition, the company offers insurance products for collector cars, motorcycles, off-road vehicles, condominiums, valuable items, business owners, international, and management and professional liability; and for the construction, cultural and educational institutions, financial intuitions, healthcare, human services, life sciences, manufacturing, professional services, real estate, retail, technology, and wholesale and distribution industries. It 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.
Risk Metrics
| Beta vs SPX | 0.31 |
|---|---|
| Corr SPX | 0.22 |
| Annual vol | 22.4% |
| Annual ret | +22.1% |
| Sharpe | 0.99 |
| Max DD | -14.0% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-28 | Earnings Release, Exhibits | read |
| 2026-07-15 | Officer / Director Change, Exhibits | read |
| 2026-05-13 | Officer / Director Change, Shareholder Vote… | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-02-04 | Earnings Release, Exhibits | read |
| 2025-12-16 | Reg FD Disclosure, Exhibits | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-08-21 | Material Obligation, Other Material Event… | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
| 2025-05-14 | Shareholder Vote | read |
| 2025-04-30 | Earnings Release, Exhibits | read |
| 2025-04-03 | Officer / Director Change | read |
Dividends
| Yield (TTM) | 0.87% |
|---|---|
| $ / share (TTM) | $1.90 |
| 5y CAGR | +6.6% |
Annual dividend per share
| 2021 | $2.85 |
|---|---|
| 2022 | $3.06 |
| 2023 | $3.28 |
| 2024 | $3.45 |
| 2025 | $3.65 |
| 2026 | $0.95 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $6.59B | +5.0% | |
| Operating income | $650.10M | +21.7% | |
| Net income | $426.00M | +22.4% | |
| Cash from ops | $1.18B | +19.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $217.69 | $218.69 | $216.31 | $217.44 | 212.80K |
| Sep 24 | $217.60 | $220.84 | $217.60 | $217.93 | 243.10K |
| Sep 23 | $217.91 | $222.25 | $217.51 | $217.57 | 229.60K |
| Sep 22 | $222.74 | $222.96 | $217.92 | $218.41 | 531.60K |
| Sep 21 | $226.90 | $228.62 | $222.98 | $223.21 | 348.50K |
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