The Hanover Insurance Group (THG) Earns Coverage Optimism Rating of 0.14

News articles about The Hanover Insurance Group (NYSE:THG) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. The Hanover Insurance Group earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.4491280132581 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

Shares of The Hanover Insurance Group (NYSE THG) opened at $105.12 on Tuesday. The Hanover Insurance Group has a 1 year low of $79.23 and a 1 year high of $108.64. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.26. The company has a market cap of $4,486.63, a PE ratio of 46.13 and a beta of 1.14.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a $0.54 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from The Hanover Insurance Group’s previous quarterly dividend of $0.50. This represents a $2.16 annualized dividend and a dividend yield of 2.05%. The Hanover Insurance Group’s payout ratio is currently 70.92%.

THG has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of The Hanover Insurance Group from a “hold” rating to a “strong-buy” rating and set a $113.00 price target on the stock in a research note on Tuesday, September 5th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $91.00 price target on shares of The Hanover Insurance Group in a research note on Thursday, September 7th.

In other The Hanover Insurance Group news, insider Mark Lowell Keim sold 4,966 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $107.80, for a total value of $535,334.80. Following the transaction, the insider now directly owns 4,966 shares in the company, valued at approximately $535,334.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Mark Joseph Welzenbach sold 5,000 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $103.89, for a total transaction of $519,450.00. Following the completion of the transaction, the insider now owns 29,521 shares in the company, valued at $3,066,936.69. The disclosure for this sale can be found here. Insiders sold a total of 14,689 shares of company stock worth $1,555,848 over the last quarter. Insiders own 1.08% of the company’s stock.

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The Hanover Insurance Group Company Profile

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 The Hanover Insurance Group (NYSE:THG)

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