NYSE: THG

Hanover Insurance (THG) Stock Analysis & Forecast

Sep 28 close

$217.57+0.13 (+0.1%)

Gekko Brief

AI summary

This week Hanover Insurance drew attention mainly from recognition news rather than fresh operational developments, with the company named to TIME's World's Best Companies list for the fourth consecutive year and to Forbes' America's Best Insurance Companies list for the sixth year. Coverage also revisited the company's second-quarter results, where operating EPS of $5.31 exceeded the $3.84 consensus and revenue reached $1.73 billion, up 4.6% year-over-year, alongside continued discussion of valuation following a 109.5% share price gain over the past three years. THG also confirmed it will report third-quarter results on 28 October.

THG closed at $217.57, down slightly with a 0.1% daily change, sitting below its 50-day average of $224.62 but above its 200-day average of $194.62. The stock's one-month return is -4.4%, while three-month, six-month and one-year returns stand at 1.4%, 28.5% and 23.8% respectively. The GekkoIndex reads 67.5, placing THG in the Accumulation zone, up 6.2 over five days. Price sits 5.3% below Gekko Fair Value of $229.82.

The next earnings date falls on 28 October, 29 days away and after market close, outside a typical 20-trading-day holding window. Analyst coverage from 8 firms shows 2 buy and 6 hold ratings, with no sell ratings, and a consensus target of $237.75 implying 9.3% upside. One billionaire holder is noted, though no insider, Congress or unusual options activity appears in their respective windows. Seasonally, the next 20 trading days have averaged a 1.2% gain over 5 years, rising in 3 of them, worth noting alongside the typical 20-day move of 3.8%.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Hanover Insurance price vs fair value

$229.82$217.57Sep ’25Mar ’26Sep ’26
Close $217.57200-day averageGekko Fair Value $229.82

Hanover Insurance quick facts

Market cap
$7.58B
P/E ratio
10.4
Forward P/E
11.2
EPS, TTM
$20.92
Revenue, TTM
$6.76B
Profit margin
11.2%
Dividend yield
1.72%
Beta
0.28
Volume
263,708 avg 312,356
1-year return
+23.8%
Typical daily move
±2.1%
Typical 20-day move
±3.8%
50-day average
$224.62
200-day average
$194.62
Next earnings
Oct 28 after close
Shares outstanding
34.82M
52-week range
$166.54$236.07

Hanover Insurance swing-trade checklist

Hanover Insurance scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $217.57 sits between the 50-day ($224.62) and 200-day ($194.62) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67.5, Accumulation

    Reading 67.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    5.3% below

    Price is 5.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 29 days

    Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +1.2% on average

    From this point in the calendar, the next 20 trading days averaged +1.2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Hanover Insurance stock chart and price history

Hanover Insurance closed at $217.57 on Sep 28, 2026, +23.8% over the past year, inside a 52-week range of $166.54 to $236.07.

Close50-day average200-day averageVolume
Hanover Insurance share price, past year, with 50-day and 200-day moving averages and volume$180$200NovDecJan 2026FebMarAprMayJunJulAugSep217.57

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−4.4%
3 months
+1.4%
6 months
+28.5%
1 year
+23.8%
The full THG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open THG in Gekko

Follow Hanover Insurance through every session

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About Hanover Insurance

Hanover Insurance provides property and casualty coverage across the United States through a number of operating units. Its business insurance arm covers areas such as multi-peril, commercial auto, workers' compensation, management and professional liability, marine, industrial and commercial property, general liability, surety, umbrella liability, fidelity and crime protection. For individual customers, it offers auto and homeowners' policies along with personal umbrella, inland marine, fire, watercraft and cyber coverage.

The company is structured around three divisions: Commercial Lines, Personal Lines, and an Other segment, the last of which supplies investment management services to institutions, pension funds and similar clients. Its insurance products reach customers mainly through a network of independent agents and brokers rather than direct sales.

Hanover Insurance traces its history back to 1852 and was previously known as Allmerica Financial Corp before taking its current name in December 2005. It is headquartered in Worcester, Massachusetts, and its shares are listed on the NYSE under the ticker THG.

Listed
NYSE
Sector
Finance
Industry
Property/Casualty insurance
Website
hanover.com

Hanover Insurance GekkoIndex: the smart money zone

Hanover Insurance’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.5, in the Accumulation zone, up 6.2 points over five sessions.

010067.5Accumulation

Up 6.2 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying10+1.7%+3.5%+4.6%+6.1%
Accumulation (current zone)147+0.8%+1.5%+3.6%+7.0%
Neutral476+0.4%+0.8%+1.2%+3.9%
Distribution34−0.6%−0.9%+0.3%+3.5%
Selling5Too few readings yet

Average THG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the THG price, zone by zone.Track THG in Gekko

Is Hanover Insurance stock overvalued? Gekko Fair Value

Hanover Insurance trades 5.3% below Gekko Fair Value of $229.82, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Hanover Insurance shares are worth, recalculated every trading day.

$229.82

Gekko Fair Value, Sep 26, 2026

5.3% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open THG in Gekko

Hanover Insurance insider and Congress trading

No open-market insider purchases were filed for Hanover Insurance, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for THG in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every THG insider filing, plotted on the chart in Gekko.Open THG in Gekko

Congress trades last 90 days

No trades in THG were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for THG, plotted on the chart in Gekko.Open THG in Gekko

Buybacks

Hanover Insurance has been buying back its own shares.

Latest authorization
$700.0M, May 13, 2026
Bought back, quarter ended Jun 30, 2026
$55.00M
As a share of market cap
0.73%
Trailing four quarters
$232.5M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds THG.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Hanover Insurance earnings: next date and track record

Hanover Insurance reports on Oct 28, 2026, after the close (29 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±2.3%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

0.0%Oct ’24+4.4%Feb ’25−0.2%Apr ’25+3.1%Jul ’25+0.8%Oct ’25+0.3%Feb ’26+3.9%Apr ’26+5.8%Jul ’26

Last earnings call, Jul 28, 2026 AI summary

What they said
THG delivered record Q2 performance with operating ROE of approximately 20% and operating EPS of $5.31 per diluted share. Net written premium growth accelerated to 4.6%, led by core commercial and specialty lines. Personal Lines maintained strong underwriting margins through pricing discipline above long-term loss cost trends. The company is shifting toward higher-value Prestige customers, improving retention and portfolio quality.
Guidance
Management entered H2 with confidence in sustaining positive growth trajectory, expecting top-line growth to continue strengthening. Strong earnings are anticipated to persist across the portfolio, supported by disciplined underwriting and targeted growth in attractive market conditions.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 28, 2026$5.31
est $3.84
+38.3%$1.66B
est $1.65B
+0.4%+5.8%
Apr 29, 2026$5.25
est $4.14
+26.8%$1.56B
est $1.58B
−1.4%+3.9%
Feb 3, 2026$5.79
est $5.03
+15.1%$1.49B
est $1.52B
−2.0%+0.3%
Oct 29, 2025$5.09
est $3.79
+34.3%$1.66B
est $1.52B
+9.0%+0.8%
Jul 30, 2025$4.35
est $3.07
+41.7%$1.65B
est $1.76B
−6.4%+3.1%
Apr 30, 2025$3.87
est $3.58
+8.1%$1.60B
est $1.55B
+3.0%−0.2%
Feb 4, 2025$5.32
est $3.45
+54.2%$1.58B
est $1.49B
+5.9%+4.4%
Oct 30, 2024$3.05
est $2.53
+20.6%$1.57B
est $1.67B
−6.1%0.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Hanover Insurance stock forecast and analyst price targets

Analysts’ average 12-month price target for Hanover Insurance is $237.75, +9.3% from the last close, from 8 firms rating the stock in the last 90 days.

$237.75consensus 12-month target, +9.3% from the last close
Low $151High $260
Buy2
Hold6
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18KBWHold, maintained$232+6.6%
Sep 17RBC CapitalHold, maintained$235+8.0%
Sep 15BMO CapitalHold, maintained$225+3.4%
Aug 19Morgan StanleyHold, maintained$240+10.3%
Aug 14OppenheimerBuy, reiterated$260+19.5%
+3.6%average 20-day move after past Accumulation readings
+1.2%average move over the next 20 trading days in the last 5 years
±2.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Hanover Insurance seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Hanover Insurance averaged +1.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−2.4%2021+7.9%2022+3.0%2023+0.7%2024−2.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.0%5 of 5
Next 10 trading days+2.3%4 of 5
Next 15 trading days+1.6%4 of 5
Next 20 trading days+1.2%3 of 5
Next 30 trading days+3.2%4 of 5

For scale, THG’s typical 20-trading-day move in either direction is about 3.8%.

Hanover Insurance market cap and key statistics

Hanover Insurance’s market cap is $7.58B, with a P/E ratio of 10.4 and revenue of $6.76B over the last twelve months.

Valuation

Market cap
$7.58B
P/E ratio
10.4
Forward P/E
11.2
EPS, TTM
$20.92
Gekko Fair Value
$229.82

Trading

Volume
263,708
Avg volume, 20 days
312,356
52-week high
$236.07
52-week low
$166.54
Shares outstanding
34.82M

Financials

Revenue, TTM
$6.76B
Profit margin
11.2%
Return on equity
21.9%
Quarterly earnings growth, YoY
+24.9%

Risk and income

Beta
0.28
Typical daily move
±2.1%
Typical 20-day move
±3.8%
Dividend yield
1.72%

Hanover Insurance peers

Hanover Insurance’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
BRK.BBerkshire Hathaway−0.4%Accumulation3.7% below
BRK.ABerkshire Hathaway−0.3%Accumulation2.8% below
CBChubb−0.7%Accumulation6.2% below
TRVTravelers Companies−0.1%Accumulation1.3% below
HIGHartford Insurance+1.3%Buying11.4% below
LLoews+0.1%Buying15.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Hanover Insurance stock FAQ

What is Hanover Insurance’s market cap?

Hanover Insurance’s market cap is $7.58B at the Sep 28, 2026 close of $217.57, with 34.82M shares outstanding. The shares trade on a P/E ratio of 10.4.

What is the Hanover Insurance stock forecast?

The consensus analyst 12-month price target for Hanover Insurance is $237.75, +9.3% from the last close. Of the 8 firms that rated the stock in the last 90 days, 2 rate it a buy, 6 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Hanover Insurance stock overvalued or undervalued?

On Gekko’s estimate Hanover Insurance is undervalued: the Sep 28, 2026 close of $217.57 is 5.3% below Gekko Fair Value of $229.82. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Hanover Insurance report earnings next?

Hanover Insurance is expected to report on Oct 28, 2026, after the market closes (29 days away). Analysts expect earnings of $4.37 per share on revenue of $1.81B. Hanover Insurance beat the earnings estimate in 8 of its last 8 reports, moving 2.3% on average across the report.

What is Hanover Insurance’s 52-week high and low?

Hanover Insurance’s 52-week high is $236.07 and its 52-week low is $166.54; it closed at $217.57 on Sep 28, 2026, +23.8% over the past year.

Is Hanover Insurance stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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