The Hanover Insurance Group, Inc. (THG)
Financials · NYQ
Price as at 1 Oct 2026, 23:09 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
The Hanover Insurance Group, Inc. trades at $216.94. Our model's figure for The Hanover Insurance Group, Inc. is more than double the highest analyst price target on record. That points to a problem with the inputs rather than a bargain, so we publish no estimate until they produce one that passes this check.
Our moat model scores it 51 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 10.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
THG dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $2.85 | 3 |
| 2025 | $3.65 | 4 |
| 2024 | $3.45 | 4 |
| 2023 | $3.28 | 4 |
| 2022 | $3.06 | 4 |
| 2021 | $2.85 | 4 |
| 2020 | $2.65 | 4 |
| 2019 | $9.70 | 5 |
| 2018 | $2.22 | 4 |
| 2017 | $2.04 | 4 |
| 2016 | $1.88 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
THG earnings and analyst estimates
Recommendation mix, 8 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About The Hanover Insurance Group, Inc.
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other. The company offers commercial multiple peril, commercial automobile, workers' compensation, and other core commercial coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty products comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. It also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. In addition, the company offers insurance products for collector cars, motorcycles, off-road vehicles, condominiums, valuable items, business owners, international, and management and professional liability; and for the construction, cultural and educational institutions, financial intuitions, healthcare, human services, life sciences, manufacturing, professional services, real estate, retail, technology, and wholesale and distribution industries. It markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
THG passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$287.15M · 0.1% of book
- Thomas Gayner, MARKEL GROUP INC.$60.17M · 0.5% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$38.72M · 0.0% of book
- Joel Greenblatt, Gotham Asset Management, LLC$30.18M · 0.1% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$15.05M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
THG peers
The largest companies in the same industry (Insurance - Property & Casualty), then in the same sector.
- TKOMF Tokio Marine Holdings, Inc.
- FRFHF Fairfax Financial Holdings Limited
- PINXF The People's Insurance Company (Group) of China Limited
- MKL Markel Group Inc.
- AIZ Assurant, Inc.
- AFG American Financial Group, Inc.
- MCY Mercury General Corporation
- RLI RLI Corp.
Every financials company we cover is on the Financials hub.
Common questions
Which funds own THG?
12 of the institutions we track reported a position in THG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is THG's P/E ratio?
THG trades at 10.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does The Hanover Insurance Group, Inc. (THG) pay a dividend?
Yes. The Hanover Insurance Group, Inc. yields 1.75% at the current share price. It has paid $3.80 per share over the trailing twelve months. It has paid a dividend in each of the last 21 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its THG data?
Fundamentals for THG come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 23:09 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for THG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.