THG
Neutral signalScored 2026-08-06 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
The Hanover Insurance Group, Inc.
- Nom
- The Hanover Insurance Group, Inc.
- Secteur
- Financial Services
- Industrie
- Insurance - Property & Casualty
- Bourse
- NYSE
- Capitalisation
- $8.3B
- Employés
- 4,900
- PDG
- John Conner Roche
- Site web
- https://www.hanover.com
- Marché
- AFGALLCBCINFCNAKNSL
The Hanover Insurance Group, Inc. (THG) is a U.S.-based insurer offering a wide array of property and casualty coverage through its various operating units. Its operations are organized into three main divisions: Commercial Lines, Personal Lines, and an "Other" segment. The Commercial Lines division delivers a comprehensive suite of business insurance solutions, including multi-peril, commercial auto, and workers' compensation policies. It also provides management and professional liability, marine, specialized industrial and commercial property, standalone general liability, surety bonds, umbrella liability, fidelity, crime, and additional commercial protection. Within Personal Lines, customers can access auto and homeowners' insurance, alongside other individual coverages like personal umbrella policies, inland marine, fire, personal watercraft, and personal cyber protection. The "Other" segment focuses on delivering investment management expertise to institutions, pension funds, and a range of other organizational clients. Distribution of Hanover's offerings is primarily facilitated by a network of independent agents and brokers. Originally incorporated as Allmerica Financial Corp., the company adopted its current name, The Hanover Insurance Group, Inc., in December 2005. Established in 1852, The Hanover Insurance Group, Inc. maintains its corporate headquarters in Worcester, Massachusetts.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 2 200 titres (~506 438,00 $ US)
- Insiders
- Bunting Theodore H JRCarlin Jane D
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$936,279
Avg sell (VWAP, 90d window) $226.81 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$429,841 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-06
- Last synced
-
2026-08-12 09:47:22
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-20 | Kerrigan Dennis Francis | Sell · S · 10b5-1 | 1,704 | $222.97 | $379,941 | Form 4 |
| 2026-08-19 | Kerrigan Dennis Francis | Sell · S · 10b5-1 | 224 | $222.77 | $49,900 | Form 4 |
| 2026-08-06 | Bunting Theodore H JR | Sell · S | 600 | $230.20 | $138,120 | Form 4 |
| 2026-08-05 | Bunting Theodore H JR | Sell · S | 600 | $228.03 | $136,818 | Form 4 |
| 2026-08-03 | Carlin Jane D | Sell · S | 1,000 | $231.50 | $231,500 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-08-06 Drivers: fundamentals. Moteurs : fondamentaux.
THG presents a compelling operational turnaround story with a 5-year high in profitability and a strong Q2 2026 earnings beat (+22.1% EPS growth), supporting a positive fundamental trend.
The first sentence of the analysis written for THG on 2026-08-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.62 · operating margin 13% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 43.5% | 19.9% | 10.9% | 13.2% | 20.2% | |
| Ebit Margin | 13.4% | 9.2% | 1.3% | 3.3% | 10.8% | |
| Ebitda Margin | 13.4% | 9.2% | 1.4% | 3.5% | 11.1% | |
| Operating Profit Margin | 12.8% | 8.7% | 0.7% | 2.7% | 10.1% | |
| Pretax Profit Margin | 12.8% | 8.7% | 0.7% | 2.7% | 10.1% | |
| Continuous Operations Profit Margin | 10.0% | 6.8% | 0.6% | 2.1% | 8.1% | |
| Net Profit Margin | 10.0% | 6.9% | 0.6% | 2.1% | 8.2% | |
| Bottom Line Profit Margin | 10.0% | 6.9% | 0.6% | 2.1% | 8.2% | |
| Current Ratio | 0.618 | 7.184 | 1.990 | 15.590 | 206.559 | |
| Quick Ratio | 0.618 | 7.184 | 1.990 | 15.590 | 206.559 | |
| Solvency Ratio | 0.049 | 0.034 | 0.003 | 0.011 | 0.040 | |
| Cash Ratio | 0.100 | 0.531 | 0.052 | 0.417 | 4.191 | |
| Price To Earnings Ratio | 9.874 | 13.051 | 123.898 | 42.097 | 11.116 | |
| Price To Earnings Growth Ratio | 0.176 | 0.012 | -1.783 | -0.578 | 0.464 | |
| Forward Price To Earnings Growth Ratio | 0.176 | 0.012 | -1.783 | -0.578 | 0.464 | |
| Price To Earnings Diluted Ratio | 9.874 | 13.219 | 123.898 | 42.097 | 11.406 | |
| Price To Earnings Diluted Growth Ratio | 0.170 | 0.012 | -1.783 | -0.584 | 0.519 | |
| Price To Book Ratio | 1.832 | 1.954 | 1.758 | 2.080 | 1.496 | |
| Price To Sales Ratio | 0.992 | 0.893 | 0.727 | 0.893 | 0.912 | |
| Price To Free Cash Flow Ratio | 5.590 | 6.973 | 12.392 | 6.889 | 5.768 | |
| Price To Operating Cash Flow Ratio | 5.554 | 6.885 | 11.984 | 6.719 | 5.712 | |
| Debt To Assets Ratio | 0.072 | 0.051 | 0.054 | 0.056 | 0.055 | |
| Debt To Equity Ratio | 0.341 | 0.276 | 0.318 | 0.335 | 0.249 | |
| Debt To Capital Ratio | 0.254 | 0.216 | 0.241 | 0.251 | 0.199 | |
| Long Term Debt To Capital Ratio | 0.254 | 0.203 | 0.241 | 0.251 | 0.199 | |
| Financial Leverage Ratio | 4.745 | 5.375 | 5.927 | 5.997 | 4.533 | |
| Working Capital Turnover Ratio | 16.986 | 1.120 | 0.714 | 0.494 | 0.911 | |
| Operating Cash Flow Ratio | 0.105 | 0.984 | 0.059 | 0.987 | 14.949 | |
| Operating Cash Flow Sales Ratio | 0.179 | 0.130 | 0.061 | 0.133 | 0.160 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.993 | 0.987 | 0.967 | 0.975 | 0.990 | |
| Debt Service Coverage Ratio | 16.188 | 4.806 | 2.167 | 4.804 | 13.850 | |
| Interest Coverage Ratio | 19.532 | 15.771 | 1.205 | 4.223 | 15.332 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 13.049 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.967 | 1.028 | 0.462 | 0.923 | 1.054 | |
| Capital Expenditure Coverage Ratio | 153.000 | 79.059 | 30.395 | 40.579 | 102.963 | |
| Dividend Paid And Capex Coverage Ratio | 8.518 | 6.004 | 2.802 | 5.701 | 7.475 | |
| Dividend Payout Ratio | 0.197 | 0.291 | 3.320 | 0.939 | 0.242 | |
| Enterprise Value Multiple | 7.523 | 10.291 | 58.918 | 27.908 | 9.185 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 43.5% | ▲23.6% | ▲21.9% |
| Ebit Margin | 13.4% | ▲4.2% | ▲5.9% |
| Ebitda Margin | 13.4% | ▲4.2% | ▲5.7% |
| Operating Profit Margin | 12.8% | ▲4.1% | ▲5.8% |
| Pretax Profit Margin | 12.8% | ▲4.1% | ▲5.8% |
| Continuous Operations Profit Margin | 10.0% | ▲3.2% | ▲4.5% |
| Net Profit Margin | 10.0% | ▲3.2% | ▲4.5% |
| Bottom Line Profit Margin | 10.0% | ▲3.2% | ▲4.5% |
| Current Ratio | 0.618 | ▼-6.566 | ▼-45.770 |
| Quick Ratio | 0.618 | ▼-6.566 | ▼-45.770 |
| Solvency Ratio | 0.049 | ▲0.015 | ▲0.022 |
| Cash Ratio | 0.100 | ▼-0.431 | ▼-0.958 |
| Price To Earnings Ratio | 9.874 | ▼-3.177 | ▼-30.133 |
| Price To Earnings Growth Ratio | 0.176 | ▲0.164 | ▲0.518 |
| Forward Price To Earnings Growth Ratio | 0.176 | ▲0.164 | ▲0.518 |
| Price To Earnings Diluted Ratio | 9.874 | ▼-3.345 | ▼-30.225 |
| Price To Earnings Diluted Growth Ratio | 0.170 | ▲0.158 | ▲0.503 |
| Price To Book Ratio | 1.832 | ▼-0.122 | ▲0.008 |
| Price To Sales Ratio | 0.992 | ▲0.099 | ▲0.108 |
| Price To Free Cash Flow Ratio | 5.590 | ▼-1.383 | ▼-1.932 |
| Price To Operating Cash Flow Ratio | 5.554 | ▼-1.332 | ▼-1.817 |
| Debt To Assets Ratio | 0.072 | ▲0.021 | ▲0.014 |
| Debt To Equity Ratio | 0.341 | ▲0.065 | ▲0.037 |
| Debt To Capital Ratio | 0.254 | ▲0.038 | ▲0.022 |
| Long Term Debt To Capital Ratio | 0.254 | ▲0.052 | ▲0.025 |
| Financial Leverage Ratio | 4.745 | ▼-0.630 | ▼-0.570 |
| Working Capital Turnover Ratio | 16.986 | ▲15.866 | ▲12.941 |
| Operating Cash Flow Ratio | 0.105 | ▼-0.879 | ▼-3.312 |
| Operating Cash Flow Sales Ratio | 0.179 | ▲0.049 | ▲0.046 |
| Free Cash Flow Operating Cash Flow Ratio | 0.994 | ▲0.006 | ▲0.011 |
| Debt Service Coverage Ratio | 16.188 | ▲11.382 | ▲7.825 |
| Interest Coverage Ratio | 19.532 | ▲3.761 | ▲8.320 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | ▼-13.049 | ▼-2.610 |
| Operating Cash Flow Coverage Ratio | 0.967 | ▼-0.061 | ▲0.080 |
| Capital Expenditure Coverage Ratio | 153.000 | ▲73.941 | ▲71.801 |
| Dividend Paid And Capex Coverage Ratio | 8.518 | ▲2.514 | ▲2.418 |
| Dividend Payout Ratio | 0.197 | ▼-0.094 | ▼-0.801 |
| Enterprise Value Multiple | 7.523 | ▼-2.768 | ▼-15.242 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $6.54B | $5.55B | $4.33B | $4.85B | $4.71B | |
| Enterprise value | $6.64B | $5.90B | $4.80B | $5.33B | $5.26B | |
| EV / Sales | 1.01x | 0.95x | 0.81x | 0.98x | 1.02x | |
| EV / Op. cash flow | 5.63x | 7.32x | 13.28x | 7.38x | 6.38x | |
| EV / Free cash flow | 5.67x | 7.41x | 13.73x | 7.57x | 6.44x | |
| EV / EBITDA | 7.52x | 10.29x | 58.92x | 27.91x | 9.19x | |
| Net debt / EBITDA | 0.11x | 0.61x | 5.73x | 2.50x | 0.96x | |
| Current ratio | 0.62x | 7.18x | 1.99x | 15.59x | 206.56x | |
| Income quality | 1.78x | 1.89x | 10.25x | 6.23x | 1.96x | |
| Graham number | $204 | $145 | $39 | $69 | $152 | |
| Graham net-net | -$207 | -$209 | -$27 | -$32 | -$16 | |
| Tax burden | 78.5% | 79.2% | 85.9% | 80.6% | 81.1% | |
| Interest burden | 95.1% | 94.0% | 54.7% | 80.9% | 93.9% | |
| Working capital | -$4.29B | $5.07B | $6.03B | $10.68B | $11.33B | |
| Invested capital | -$3.41B | $5.91B | $6.83B | $11.46B | $12.06B | |
| Return on assets | 3.9% | 2.8% | 0.2% | 0.8% | 3.0% | |
| Operating ROA | 5.2% | 3.6% | 0.3% | 1.0% | 3.8% | |
| Return on tangible assets | 4.1% | 3.0% | 0.3% | 0.9% | 3.1% | |
| Return on equity | 18.5% | 15.0% | 1.4% | 5.0% | 13.4% | |
| Return on invested capital | 11.6% | 2.9% | 0.4% | 0.9% | 3.0% | |
| Return on capital employed | 14.8% | 3.7% | 0.5% | 1.1% | 3.7% | |
| Earnings yield | 10.1% | 7.7% | 0.8% | 2.4% | 9.0% | |
| Free cash flow yield | 17.9% | 14.3% | 8.1% | 14.5% | 17.3% | |
| Capex / Op. cash flow | 0.7% | 1.3% | 3.3% | 2.5% | 1.0% | |
| Capex / Depreciation | -167.4% | 680.0% | 188.9% | 138.0% | 47.3% | |
| Capex / Sales | 0.1% | 0.2% | 0.2% | 0.3% | 0.2% | |
| SG&A / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.5% | 0.5% | 0.5% | 0.4% | |
| Intangibles / Total assets | 5.2% | 5.5% | 5.5% | 5.6% | 5.1% | |
| Days sales outstanding | 219d | 227d | 234d | 243d | 242d | |
| Days payables outstanding | 4d | 3d | 4d | 5d | 5d | |
| Operating cycle | 219d | 227d | 234d | 243d | 242d | |
| Cash conversion cycle | 214d | 224d | 229d | 238d | 238d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-08-10 Here''s Why Hanover Insurance Group (THG) is a Strong Momentum Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here''s why you should take advantage.
- 2026-08-05 Hanover Insurance Group (THG) is a Great Momentum Stock: Should You Buy? Does Hanover Insurance Group (THG) have what it takes to be a top stock pick for momentum investors? Let''s find out.
- 2026-08-05 Is The Hanover Insurance Group (THG) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 2026-07-30 The Hanover Insurance Group, Inc. (THG) Hit a 52 Week High, Can the Run Continue? Hanover Insurance (THG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company''s fundamentals for clues.
- 2026-07-30 The Hanover Insurance Group Q2 Earnings Call Highlights The Hanover Insurance Group NYSE: THG reported record second-quarter operating performance, citing improved underwriting margins, accelerating premium growth and higher investment income across its diversified insurance portfolio.
- 2026-07-30 The Hanover Insurance Group (NYSE:THG) Hits New 52-Week High on Strong Earnings The Hanover Insurance Group, Inc. (NYSE: THG - Get Free Report)''s stock price reached a new 52-week high on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $228.05 and last traded at $228.5550, with a volume of 21611 shares trading hands. The stock had previously closed at $224.15.
- 2026-07-29 The Hanover Insurance Group, Inc. (THG) Q2 2026 Earnings Call Transcript The Hanover Insurance Group, Inc. (THG) Q2 2026 Earnings Call Transcript
- 2026-07-29 The Hanover Insurance: Better Margins Justify A Premium Valuation The Hanover Insurance Group demonstrates strengthened profitability, driven by robust personal lines margin growth and improved risk underwriting. THG''s Q2 2026 combined ratio improved to 91.2%, with personal lines segment operating profit nearly doubling and combined ratio dropping to 88.9%. Current valuation shows a 2.2x P/B and 10.45x P/E, reflecting optimism but leaving limited margin for error if catastrophic losses rise.
- 2026-07-29 THG Q2 Earnings Beat on Personal Lines Gains, Revenues Miss THG''s Q2 earnings rise 22.1% and beat estimates as Personal Lines gains, lower catastrophe losses and investment income offset a revenue miss.
- 2026-07-28 Compared to Estimates, Hanover Insurance (THG) Q2 Earnings: A Look at Key Metrics Although the revenue and EPS for Hanover Insurance (THG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.