DOWLING & PARTN Has Strong Estimate for THG FY2026 Earnings

The Hanover Insurance Group, Inc. (NYSE:THG) – Equities researchers at DOWLING & PARTN increased their FY2026 earnings per share (EPS) estimates for The Hanover Insurance Group in a research report issued on Friday, July 31st. DOWLING & PARTN analyst A. Mottolese now expects that the insurance provider will post earnings per share of $19.50 for the year, up from their prior forecast of $18.00. The consensus estimate for The Hanover Insurance Group’s current full-year earnings is $19.15 per share. DOWLING & PARTN also issued estimates for The Hanover Insurance Group’s FY2027 earnings at $19.00 EPS and FY2028 earnings at $19.00 EPS.

The Hanover Insurance Group (NYSE:THG) last announced its quarterly earnings data on Tuesday, July 28th. The insurance provider reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.84 by $1.47. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.65 billion. The Hanover Insurance Group had a return on equity of 21.72% and a net margin of 11.17%.The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.35 EPS.

Several other research firms have also issued reports on THG. Weiss Ratings raised shares of The Hanover Insurance Group from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, July 30th. Piper Sandler downgraded shares of The Hanover Insurance Group from an “overweight” rating to a “neutral” rating and set a $220.00 price objective for the company. in a research report on Wednesday, July 15th. Oppenheimer boosted their price objective on shares of The Hanover Insurance Group from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Citigroup reaffirmed an “outperform” rating on shares of The Hanover Insurance Group in a report on Friday, July 10th. Finally, Morgan Stanley raised their target price on shares of The Hanover Insurance Group from $220.00 to $225.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $223.29.

The Hanover Insurance Group Price Performance

NYSE:THG opened at $228.13 on Wednesday. The stock has a market capitalization of $7.94 billion, a PE ratio of 10.89 and a beta of 0.27. The Hanover Insurance Group has a 1-year low of $165.50 and a 1-year high of $236.07. The firm has a fifty day simple moving average of $208.24 and a 200 day simple moving average of $188.64. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.22.

The Hanover Insurance Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $3.80 annualized dividend and a yield of 1.7%. The Hanover Insurance Group’s dividend payout ratio (DPR) is currently 18.14%.

The Hanover Insurance Group announced that its board has authorized a stock buyback program on Wednesday, May 13th that permits the company to buyback $700.00 million in shares. This buyback authorization permits the insurance provider to purchase up to 10.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other news, Director Jane D. Carlin sold 1,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $231.50, for a total value of $231,500.00. Following the transaction, the director directly owned 2,270 shares of the company’s stock, valued at $525,505. This represents a 30.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dennis Francis Kerrigan sold 6,262 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $192.99, for a total transaction of $1,208,503.38. Following the sale, the executive vice president owned 11,988 shares of the company’s stock, valued at approximately $2,313,564.12. This represents a 34.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 27,108 shares of company stock valued at $5,295,251. 2.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Basecamp Wealth Advisors LLC raised its holdings in The Hanover Insurance Group by 19.1% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 343 shares of the insurance provider’s stock valued at $59,000 after acquiring an additional 55 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of The Hanover Insurance Group by 5.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,127 shares of the insurance provider’s stock valued at $195,000 after purchasing an additional 59 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of The Hanover Insurance Group by 3.5% in the fourth quarter. Crossmark Global Holdings Inc. now owns 1,880 shares of the insurance provider’s stock valued at $344,000 after purchasing an additional 64 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of The Hanover Insurance Group by 3.4% during the fourth quarter. Ballentine Partners LLC now owns 2,026 shares of the insurance provider’s stock worth $370,000 after purchasing an additional 66 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in shares of The Hanover Insurance Group by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 12,020 shares of the insurance provider’s stock worth $2,183,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 86.61% of the company’s stock.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions.