Morgan Stanley initiated coverage on Hanover Insurance with a new price target
$THG
Property-Casualty Insurers
Finance
Morgan Stanley initiated coverage of Hanover Insurance with a rating of Equal-Weight and set a new price target of $155.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2024 | $170.00 | Equal-Weight | Morgan Stanley |
| 11/21/2024 | $176.00 | Buy → Neutral | Janney |
| 11/16/2023 | $135.00 | Outperform | Oppenheimer |
| 8/31/2023 | $125.00 → $126.00 | Market Perform → Outperform | BMO Capital Markets |
| 7/6/2023 | $155.00 → $153.00 | Neutral → Overweight | Piper Sandler |
| 5/18/2023 | $142.00 → $130.00 | Buy → Neutral | BofA Securities |
| 1/20/2023 | $141.00 | Market Perform | BMO Capital Markets |
| 11/11/2022 | $164.00 | Buy | Janney |
WORCESTER, Mass., April 17, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 13, 2025, at 9:00 a.m. ET at its headquarters, located at 440 Lincoln Street in Worcester, Massachusetts. A live, audio-only webcast will also be available through the company's website under the "Investors" section. Shareholders are encouraged to vote by submitting valid proxies in advance of the meeting or by attending the annual meeting and voting in person. As described in the proxy materials previously distributed to t
WORCESTER, Mass., April 9, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG), a leading national insurance provider for individuals, families and businesses, today announced a collaboration with Hagerty (HGTY) to provide specialized insurance for classic cars. The new product, Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known for with Hagerty's expertise in collector vehicle claims and valuation services. "We believe protecting customers' most precious assets with one carrier is critical in helping them gain t
WORCESTER, Mass., April 3, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) today announced it has appointed Richard W. Lavey to the newly created role of chief operating officer. In this position, Lavey will play an expanded and leading role in the further development of our business strategy and drive even greater integration and collaboration between our business and technology organizations, enhancing our agent and customer value propositions and advancing our goal to deliver strong, sustainable profitable growth going forward. Lavey will maintain his curr
Morgan Stanley initiated coverage of Hanover Insurance with a rating of Equal-Weight and set a new price target of $170.00
Janney downgraded Hanover Insurance from Buy to Neutral and set a new price target of $176.00
Oppenheimer initiated coverage of Hanover Insurance with a rating of Outperform and set a new price target of $135.00
WORCESTER, Mass., Feb. 24, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) announced today its board of directors has declared a quarterly dividend of $0.90 per share on the issued and outstanding common stock of the company, payable March 28, 2025, to shareholders of record at the close of business on March 14, 2025. Forward-Looking StatementsStatements regarding quarterly or future dividends, whether regular or special, payable to the company's shareholders, which may be subject to future increases, decreases, or elimination, as determined by The Hanover's
Fourth Quarter Highlights Net and operating return on equity(1) of 23.5% and 24.4%, respectivelyCombined ratio of 89.2%; combined ratio, excluding catastrophes(2), of 87.5%Catastrophe losses of $26.0 million, or 1.7 points of the combined ratioNet premiums written increase of 7.4%*Renewal price increases(3) of 14.2% in Personal Lines, 11.8% in Core Commercial, and 9.5% in SpecialtyRate increases(3) of 13.1% in Personal Lines, 9.2% in Core Commercial, and 6.1% in SpecialtyLoss and loss adjustment expense (LAE) ratio of 56.9%, 6.7 points below the prior-year quarterCurrent accident year loss and LAE ratio, excluding catastrophes(4), of 56.9%, 3.3 points below the prior-year quarter, led by out
WORCESTER, Mass., Dec. 2, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.90 per share on the issued and outstanding common stock of the company, payable December 27, 2024, to shareholders of record at the close of business on December 13, 2024. "This is the 20th consecutive year we have increased our quarterly dividend, demonstrating our commitment to delivering enhanced value to our shareholders," said John C. Roche, president and chief executive office
8-K - HANOVER INSURANCE GROUP, INC. (0000944695) (Filer)
144 - HANOVER INSURANCE GROUP, INC. (0000944695) (Subject)
DEFA14A - HANOVER INSURANCE GROUP, INC. (0000944695) (Filer)
4 - HANOVER INSURANCE GROUP, INC. (0000944695) (Issuer)
4 - HANOVER INSURANCE GROUP, INC. (0000944695) (Issuer)
4 - HANOVER INSURANCE GROUP, INC. (0000944695) (Issuer)
SC 13G/A - HANOVER INSURANCE GROUP, INC. (0000944695) (Subject)
SC 13G/A - HANOVER INSURANCE GROUP, INC. (0000944695) (Subject)
SC 13G/A - HANOVER INSURANCE GROUP, INC. (0000944695) (Subject)
WORCESTER, Mass., April 3, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) today announced it has appointed Richard W. Lavey to the newly created role of chief operating officer. In this position, Lavey will play an expanded and leading role in the further development of our business strategy and drive even greater integration and collaboration between our business and technology organizations, enhancing our agent and customer value propositions and advancing our goal to deliver strong, sustainable profitable growth going forward. Lavey will maintain his curr
WORCESTER, Mass., Jan. 4, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) today announced the appointment of Mina S. Rona to president of technology and life sciences. In this role, Rona will assume responsibility for leading the technology and life sciences organization, working closely with industry professionals to develop innovative insurance solutions that address the unique risks faced by businesses in these sectors. Rona joined The Hanover eight years ago and since then she has played a key role in the continued expansion of the company's technology an
WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE:THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty. In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB). With more than 30 years of wide-ranging industry experience and an accomplished background in commercial and specialty property and casualty insurance, Marohn most