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The Hanover Insurance Group, Inc. (THG)

Financial Services | Insurance - Property & Casualty | Worcester, United States | NYSE
232.97 USD +4.55 (1.992%) ⇧ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 232.97

Short-term:★★★☆☆Long-term:★★★★☆Dividends:★★★⯪☆
Hot Take ↕ | Oct. 10, 2026, 9:54 a.m. EDT

The Hanover Insurance Group stands out as a high-quality compounder with exceptional earnings growth and a multi-year price trajectory that validates its premium valuation. The company retains the vast majority of its cash flow, evidenced by a mere 18% payout ratio, fueling organic expansion and share price appreciation. While the balance sheet shows some liquidity tightness, the lack of consecutive negative years and strong cumulative returns support a solid long-term buy. Short-term price action is consolidating below the 50-day average, but options flow and the statistical forecast suggest a slight upward bias ahead. This is a growth-at-a-reasonable-price opportunity rather than a yield play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.025363
AutoARIMA0.034425
AutoETS0.034427
MSTL0.038288

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 1.18
Ljung-Box p 0.000
Jarque-Bera p 0.588
Excess Kurtosis 0.09
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-10
Last Dividend Date 2026-09-10
Debt to Equity Ratio 22.982
Revenue per Share 191.085
Market Cap 8,112,066,560
Trailing P/E 11.15
Forward P/E 11.86
Beta 0.25
Profit Margins 11.17%
Website https://www.hanover.com

As of Oct. 10, 2026, 9:54 a.m. EDT: Call option open interest significantly exceeds put open interest in the November 2026 expiration, with heavy positioning at the 230 strike. Implied volatility is elevated for near-term calls compared to puts, indicating speculators are positioning for upside continuation despite the stock trading below its 50-day moving average.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.42% 1.96% 2.24% 2.32%
Dividend History
Date Dividend Yield %
2026-09-11 0.950 0.420652
2026-06-12 0.950 0.480648
2026-03-13 0.950 0.547898
2025-12-12 0.950 0.513014
2025-09-12 0.900 0.498974
2025-06-13 0.900 0.530567
2025-03-14 0.900 0.531350
2024-12-13 0.900 0.583809
2024-09-13 0.850 0.581356
2024-06-14 0.850 0.703409
2024-03-14 0.850 0.657589
2023-12-14 0.850 0.685539
2023-09-14 0.810 0.729401
2023-06-15 0.810 0.711650
2023-03-14 0.810 0.623509
2022-12-14 0.810 0.586744
2022-09-15 0.750 0.548206
2022-06-09 0.750 0.524916
2022-03-10 0.750 0.544979
2021-12-15 0.750 0.572213
2021-09-09 0.700 0.508462
2021-06-10 0.700 0.505123
2021-03-11 0.700 0.549882
2020-12-17 0.700 0.595289
2020-09-10 0.650 0.681056
2020-06-11 0.650 0.645353
2020-03-12 0.650 0.689655
2019-12-13 3.150 2.316006
2019-09-12 0.600 0.457422
2019-06-07 0.600 0.479195
2019-03-14 0.600 0.515198
2019-01-09 4.750 4.345837
2018-12-14 0.600 0.548797
2018-09-13 0.540 0.450375
2018-06-07 0.540 0.441285
2018-03-08 0.540 0.473975
2017-12-14 0.540 0.528634
2017-09-14 0.500 0.525100
2017-06-07 0.500 0.595380
2017-03-08 0.500 0.556050
2016-12-14 0.500 0.561293
2016-09-14 0.460 0.609918
2016-06-08 0.460 0.538516
2016-03-09 0.460 0.542837
2015-12-16 0.460 0.563587
2015-09-09 0.410 0.514171
2015-06-10 0.410 0.569049
2015-03-11 0.410 0.595584
2014-12-11 0.410 0.579342
2014-09-10 0.370 0.605168
2014-06-11 0.370 0.600065
2014-03-12 0.370 0.620910
2013-12-12 0.370 0.626906
2013-09-11 0.330 0.650631
2013-06-12 0.330 0.684932
2013-03-13 0.330 0.761070
2012-12-13 0.330 0.875564
2012-09-12 0.300 0.811469
2012-06-13 0.300 0.803213
2012-03-14 0.300 0.731886
2011-11-25 0.300 0.874126
2011-09-01 0.275 0.791367
2011-05-26 0.275 0.679852
2011-03-11 0.275 0.594852
2010-12-03 0.250 0.540891
2010-09-08 0.250 0.565355
2010-05-20 0.250 0.571429
2010-03-04 0.250 0.588235
2009-11-23 0.750 1.731302
2008-11-24 0.450 1.228501
2007-11-26 0.400 0.934361
2006-11-24 0.300 0.630915
2005-11-23 0.250 0.630517
2001-11-01 0.250 0.643170
2000-10-30 0.250 0.394477
1999-10-28 0.250 0.437158
1998-10-29 0.050 0.106242
1998-07-30 0.050 0.079208
1998-04-29 0.050 0.080321
1998-01-29 0.050 0.094787
1997-10-30 0.050 0.109290
1997-07-30 0.050 0.112994
1997-04-29 0.050 0.143369
1997-01-29 0.050 0.140351
1996-10-30 0.050 0.160000
1996-07-30 0.050 0.175439
1996-04-29 0.050 0.194175
1996-01-30 0.050 0.187793
Additional Data
dividendRate 3.8
dividendYield 1.66
exDividendDate 2026-09-11
trailingAnnualDividendRate 3.75
trailingAnnualDividendYield 0.016417127
lastDividendValue 0.95
lastDividendDate 2026-09-11
dividendDate 2026-09-25

Info Dump

Attribute Value
52 Week Change 0.3294145
Address1 440 Lincoln Street
All Time High 236.07
All Time Low 7.04
Ask 244.0
Ask Size 100
Audit Risk 3
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 238,400
Average Daily Volume3 Month 291,876
Average Volume 291,876
Average Volume10Days 238,400
Beta 0.246
Bid 216.61
Bid Size 100
Board Risk 1
Book Value 105.229
City Worcester
Compensation As Of Epoch Date 1,672,444,800
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 232.97
Current Ratio 0.36
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 233.035
Day Low 230.615
Debt To Equity 22.982
Display Name Hanover Insurance
Dividend Date 1,790,294,400
Dividend Rate 3.8
Dividend Yield 1.66
Earnings Call Timestamp End 1,793,304,000
Earnings Call Timestamp Start 1,793,304,000
Earnings Growth 0.249
Earnings Quarterly Growth 0.22
Earnings Timestamp 1,793,217,600
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda Margins 0.0
Enterprise To Revenue 1.285
Enterprise Value 8,689,967,104
Eps Current Year 20.53875
Eps Forward 19.64125
Eps Trailing Twelve Months 20.89
Esg Populated 0
Ex Dividend Date 1,789,084,800
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 508 855 8078
Fifty Day Average 223.8988
Fifty Day Average Change 9.0711975
Fifty Day Average Change Percent 0.040514722
Fifty Two Week Change Percent 32.94145
Fifty Two Week High 236.07
Fifty Two Week High Change -3.100006
Fifty Two Week High Change Percent -0.013131724
Fifty Two Week Low 166.54
Fifty Two Week Low Change 66.43001
Fifty Two Week Low Change Percent 0.39888322
Fifty Two Week Range 166.54 - 236.07
Financial Currency USD
First Trade Date Milliseconds 813,418,200,000
Five Year Avg Dividend Yield 2.2
Float Shares 34,460,180
Forward Eps 19.64125
Forward P E 11.861261
Free Cashflow 1,081,224,960
Full Exchange Name NYSE
Full Time Employees 4,900
Fullday Change 4.550003
Fullday Change Percent 1.9919461
Fullday Price 232.97
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.25191
Gross Profits 1,704,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00953
Held Percent Institutions 0.93283
Implied Shares Outstanding 34,820,221
Industry Insurance - Property & Casualty
Industry Disp Insurance - Property & Casualty
Industry Key insurance-property-casualty
Ir Website http://www2.snl.com/irweblinkx/corporateprofile.aspx?iid=103541
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,789,084,800
Last Dividend Value 0.95
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name The Hanover Insurance Group, Inc.
Market us_market
Market Cap 8,112,066,560
Market State CLOSED
Max Age 86,400
Message Board Id finmb_340831
Most Recent Quarter 1,782,777,600
Net Income To Common 753,800,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,575,835,482
Number Of Analyst Opinions 8
Open 228.16
Operating Cashflow 1,263,500,032
Operating Margins 0.14755
Overall Risk 2
Payout Ratio 0.17950001
Peg Ratio 0.34
Phone 508 855 1000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 232.97
Post Market Time 1,792,180,850
Previous Close 228.42
Price Eps Current Year 11.34295
Price Hint 2
Price To Book 2.2139335
Price To Sales Trailing12 Months 1.1992292
Profit Margins 0.1117
Quick Ratio 0.179
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.625
Region US
Regular Market Change 4.55
Regular Market Change Percent 1.99195
Regular Market Day High 233.035
Regular Market Day Low 230.615
Regular Market Day Range 230.615 - 233.035
Regular Market Open 228.16
Regular Market Previous Close 228.42
Regular Market Price 232.97
Regular Market Time 1,792,180,803
Regular Market Volume 281,088
Return On Assets 0.03887
Return On Equity 0.21885
Revenue Growth 0.043
Revenue Per Share 191.085
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 4
Shares Outstanding 34,820,221
Shares Percent Shares Out 0.0297
Shares Short 1,032,841
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 714,354
Short Name Hanover Insurance Group Inc
Short Percent Of Float 0.0335
Short Ratio 3.35
Source Interval 15
State MA
Symbol THG
Target High Price 260.0
Target Low Price 223.0
Target Mean Price 235.875
Target Median Price 232.5
Total Cash 266,100,000
Total Cash Per Share 7.642
Total Debt 844,000,000
Total Revenue 6,764,400,128
Tradeable 0
Trailing Annual Dividend Rate 3.75
Trailing Annual Dividend Yield 0.016417127
Trailing Eps 20.89
Trailing P E 11.152226
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 196.94635
Two Hundred Day Average Change 36.02365
Two Hundred Day Average Change Percent 0.18291098
Type Disp Equity
Volume 281,088
Website https://www.hanover.com
Zip 1,653