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
Vol212.80K
As of25 Sep 2026

The Verdict

Buy

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/E10.40x
Forward P/E11.12x
P / S (ttm)1.12x
Profit margin11.2%
Return on equity21.9%
Revenue growth+4.3%
Earnings growth+24.9%
Debt / equity22.98

Layer Breakdown

LayerRawContribution
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.

United States · www.hanover.com

Risk Metrics

Beta vs SPX0.31
Corr SPX0.22
Annual vol22.4%
Annual ret+22.1%
Sharpe0.99
Max DD-14.0%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-07-28Earnings Release, Exhibitsread
2026-07-15Officer / Director Change, Exhibitsread
2026-05-13Officer / Director Change, Shareholder Vote…read
2026-04-29Earnings Release, Exhibitsread
2026-02-04Earnings Release, Exhibitsread
2025-12-16Reg FD Disclosure, Exhibitsread
2025-10-29Earnings Release, Exhibitsread
2025-08-21Material Obligation, Other Material Event…read
2025-07-31Earnings Release, Exhibitsread
2025-05-14Shareholder Voteread
2025-04-30Earnings Release, Exhibitsread
2025-04-03Officer / Director Changeread

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

DateFormDoc
2026-08-074view
2026-08-044view
2026-07-314view
2026-07-2910-Qview
2026-07-288-Kview
2026-07-158-Kview
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view
2026-06-304view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
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

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$217.69$218.69$216.31$217.44212.80K
Sep 24$217.60$220.84$217.60$217.93243.10K
Sep 23$217.91$222.25$217.51$217.57229.60K
Sep 22$222.74$222.96$217.92$218.41531.60K
Sep 21$226.90$228.62$222.98$223.21348.50K

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