Latest news with #HanoverInsuranceGroup
Yahoo
10 hours ago
- Business
- Yahoo
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on July 30
WORCESTER, Mass., June 23, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Wednesday, July 30. The company expects to webcast a discussion of its results on Thursday, July 31, at 10:00 a.m. ET, through its website at About The Hanover The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit Contacts: Investors: Media: Oksana Lukasheva Emily P. Trevallion (508) 525-6081 (508) 855-3263 Email: olukasheva@ Email: etrevallion@ View original content to download multimedia: SOURCE The Hanover Insurance Group, Inc. Connectez-vous pour accéder à votre portefeuille
Yahoo
3 days ago
- Business
- Yahoo
Why Hanover Insurance Group (THG) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Hanover Insurance Group (THG) is headquartered in Worcester, and is in the Finance sector. The stock has seen a price change of 7.93% since the start of the year. The insurance company is currently shelling out a dividend of $0.9 per share, with a dividend yield of 2.16%. This compares to the Insurance - Property and Casualty industry's yield of 0.55% and the S&P 500's yield of 1.59%. In terms of dividend growth, the company's current annualized dividend of $3.60 is up 4.3% from last year. In the past five-year period, Hanover Insurance Group has increased its dividend 5 times on a year-over-year basis for an average annual increase of 6.93%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Hanover Insurance's current payout ratio is 25%, meaning it paid out 25% of its trailing 12-month EPS as dividend. Earnings growth looks solid for THG for this fiscal year. The Zacks Consensus Estimate for 2025 is $14.49 per share, with earnings expected to increase 8.62% from the year ago period. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, THG is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Hanover Insurance Group, Inc. (THG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-05-2025
- Business
- Yahoo
Investors in Hanover Insurance Group (NYSE:THG) have seen impressive returns of 108% over the past five years
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore, you'd generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the The Hanover Insurance Group, Inc. (NYSE:THG) share price is up 84% in the last five years, that's less than the market return. But if you include dividends then the return is market-beating. However, more recent buyers should be happy with the increase of 24% over the last year. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Over half a decade, Hanover Insurance Group managed to grow its earnings per share at 12% a year. This EPS growth is remarkably close to the 13% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. Rather, the share price has approximately tracked EPS growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We know that Hanover Insurance Group has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Hanover Insurance Group's TSR for the last 5 years was 108%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that Hanover Insurance Group has rewarded shareholders with a total shareholder return of 27% in the last twelve months. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 16% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. If you would like to research Hanover Insurance Group in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. Of course Hanover Insurance Group may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-04-2025
- Business
- Yahoo
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 13
WORCESTER, Mass., April 17, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 13, 2025, at 9:00 a.m. ET at its headquarters, located at 440 Lincoln Street in Worcester, Massachusetts. A live, audio-only webcast will also be available through the company's website under the "Investors" section. Shareholders are encouraged to vote by submitting valid proxies in advance of the meeting or by attending the annual meeting and voting in person. As described in the proxy materials previously distributed to the company's shareholders and filed with the U.S. Securities and Exchange Commission on March 27, 2025, shareholders of record at the close of business on March 20, 2025, are entitled to participate. For additional information about the voting process and the proposals under consideration, please see the company's 2025 proxy statement. The company's proxy materials, including the 2024 Annual Report and the THG 2025 Proxy Statement, are available at or at the company's website under the "Investors" section. About The HanoverThe Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit Contacts: Investors:Oksana Lukasheva (508) 525-6081 Email: olukasheva@ Media: Emily P. Trevallion (508) 855-3263 Email: etrevallion@ View original content to download multimedia: SOURCE The Hanover Insurance Group, Inc. Sign in to access your portfolio
Yahoo
10-04-2025
- Automotive
- Yahoo
The Hanover partners with Hagerty to offer classic car insurance
The Hanover Insurance Group has partnered with auto insurer Hagerty to introduce Hanover Collector Car, powered by Hagerty, tailored to offer coverage for classic and collector vehicles. This collaboration leverages Hagerty's expertise in collector vehicle claims and valuation services, integrating it with The Hanover's account protection. The new product is currently available through The Hanover's independent agents in Michigan and Illinois. The policy is designed to cater to a variety of classic and collector vehicles including classic and antique autos, collector pickup trucks, jeeps and SUVs, limited edition collector vehicles, and modified cars and replicas. Additionally, the insurance plan covers classic vehicle trailers such as transport trailers. The policy features Cherished Salvage coverage, which allows policyholders to keep their vehicle after a covered total loss while receiving the full insured value. It also includes blanket personal property coverage for spare parts and automotive tools; and Vehicle Under Construction coverage, which increases the insured value of a vehicle under restoration by 10% each quarter, up to $25,000 annually. The Hanover has plans to extend this insurance offering to additional states in the future. Hagerty insurance business partner vice-president Nick Cassell stated: "We believe that joining forces with The Hanover further supports collectible car owners who want to protect the vehicles that mean so much to them. We look forward to working with The Hanover and their exceptional independent agent partners to achieve our mutual goal of protecting more of these cars." The Hanover personal lines strategy vice-president Brad McCreedy said: "We believe protecting customers' most precious assets with one carrier is critical in helping them gain true peace of mind. The Hanover's relationship with Hagerty allows us to strengthen our total account offerings and ease of doing business, with the outstanding claims experience our customers expect – backed by experts who really understand this unique market. It is the best of both worlds." Earlier this month, The Hanover appointed Richard W. Lavey as its chief operating officer, a newly created role. "The Hanover partners with Hagerty to offer classic car insurance " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
