Somewhat Positive Press Coverage Somewhat Unlikely to Affect Hanover Insurance Group (THG) Stock Price

Headlines about Hanover Insurance Group (NYSE:THG) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hanover Insurance Group earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 47.1721593639895 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Hanover Insurance Group (NYSE THG) opened at $112.27 on Monday. The company has a market cap of $4,768.67, a price-to-earnings ratio of 39.81 and a beta of 1.14. Hanover Insurance Group has a one year low of $79.23 and a one year high of $113.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.45 and a current ratio of 0.45.

Hanover Insurance Group (NYSE:THG) last released its earnings results on Wednesday, November 1st. The insurance provider reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.63) by $0.74. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Hanover Insurance Group had a net margin of 2.37% and a return on equity of 3.35%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.83 EPS. equities analysts predict that Hanover Insurance Group will post 4.65 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a $0.54 dividend. This is a boost from Hanover Insurance Group’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.92%. Hanover Insurance Group’s dividend payout ratio is currently 76.60%.

Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of Hanover Insurance Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $91.00 target price on shares of Hanover Insurance Group in a research note on Friday, October 6th.

In other news, insider Mark Lowell Keim sold 4,966 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $107.80, for a total value of $535,334.80. Following the completion of the transaction, the insider now owns 4,966 shares in the company, valued at approximately $535,334.80. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Mark Joseph Welzenbach sold 4,723 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $106.09, for a total transaction of $501,063.07. Following the completion of the transaction, the insider now owns 29,244 shares of the company’s stock, valued at approximately $3,102,495.96. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,689 shares of company stock valued at $1,555,848. Corporate insiders own 1.08% of the company’s stock.

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About Hanover Insurance Group

The Hanover Insurance Group, Inc is a holding company. The Company is engaged in providing property and casualty insurance products and services. The Company has four segments: Commercial Lines, Personal Lines, Chaucer and Other. It markets its domestic products and services through independent agents and brokers in the United States, and conducts business internationally through a subsidiary, Chaucer Holdings Limited, which operates through the Society and Corporation of Lloyd’s (Lloyd’s).

Insider Buying and Selling by Quarter for Hanover Insurance Group (NYSE:THG)

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