How to Buy Hanover Insurance Group Stock
Hanover Insurance Group Inc
Hanover Insurance Group is a property & casualty insurance company located in Massachusetts, United States, which is part of the Financial Services sector, and is traded under the ticker THG on the NYSE exchange.
Hanover Insurance Group stock last closed at $166.10, up 0.07% from the previous day, and has increased 27.95% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.12 percentage points. Hanover Insurance Group stock is currently +38.81% from its 52-week low of $119.66, and -5.71% from its 52-week high of $176.16.
There are currently 35.93M shares of THG outstanding. The market capitalization of THG is $5.97B. In the past 24 hours, 387,441 THG shares were traded.
How to Buy Hanover Insurance Group Stock
Wondering how to invest in Hanover Insurance Group stock? Here's how.
- Figure out where to buy Hanover Insurance Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Hanover Insurance Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your details.
- Evaluate Hanover Insurance Group stock: The Hanover Insurance Group ticker symbol is THG. Is Hanover Insurance Group stock a good investment? Should you buy shares of THG? How do THG's underlying business fundamentals look? Do top analysts think Hanover Insurance Group is a good buy? Why has THG's stock price moved recently? (Hint: Our stock research tools can help you understand if THG is a good stock to buy).
- Make your THG purchase: Decide if you will purchase THG shares at the current market price or use a limit order to purchase THG shares at a particular price.
- Get key alerts regarding your investment in THG: Create a watchlist to key updates about your new investment in Hanover Insurance Group shares.
Step 1: Figure out where to buy Hanover Insurance Group stock
You need a brokerage account in order to access the NYSE market and buy THG shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy THG today.
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Step 3: Fund your investment account
Now that you've filled out your info on the best beginner stock app, you need to deposit funds:
Check out the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Hanover Insurance Group stock
After you have figured out the best place to buy Hanover Insurance Group stock, it's crucial to research their stock prior to investing, so you truly understand the risk as well as the upside.
Hanover Insurance Group Metrics
Hanover Insurance Group Overview
WallStreetZen was created to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on THG's stock page.
Is THG stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge THG's fair value.
Using relative valuations ratios:
- THG could be undervalued based on its P/E ratio of 14.02x, relative to Insurance - Property & Casualty industry P/E ratio of 16.63x
- THG may be undervalued based on its P/B ratio of 2.1x, relative to Insurance - Property & Casualty industry P/B ratio of 2.36x
- THG could be overvalued based on its PEG ratio of 1.03x
You can access additional valuation research on THG's stock here.
THG Financial Summary
Pros:
- THG earnings of $572.60M is not sufficient to cover its interest payments.
- THG's operating cash flow of $806.40M allows it to safely service it's debt of $784.10M.
- THG profit margin has gone up from 0.6% to 6.8% in the past year.
Cons:
- Total THG debt is higher than 5 years ago, relative to shareholder equity.
- THG has a relatively high debt to equity ratio of 4.38.
Is THG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give forecasts on THG, the consensus analyst rating on Hanover Insurance Group is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest THG Analyst Upgrades/Downgrades
Michael Phillips, a bottom 8% analyst from Oppenheimer maintains THG with a buy rating and raises their THG price target from $165.00 to $177.00, on Nov 1, 2024.
You can dive deeper into what analysts are projecting on the Hanover Insurance Group stock forecast page.
Metrics for Advanced THG Traders
THG Earnings
Last year, THG earnings were $426.00M. In the last 5 year, THG's earnings have grown by 2.22% per year. This was slower than the Insurance - Property & Casualty industry average of 17.52%.
Last year, THG revenue was $6.24B. In the last five year, THG's revenue has grown by 4.98% per year. This was slower than the Insurance - Property & Casualty industry average of 12.27%.
Dig into THG's earnings and revenue performance here.
Latest Insiders Trades at THG
In the past year, executives and large shareholders at THG have sold more shares than they have bought.
John C. Roche, President and CEO of THG, was the latest THG insider to buy. They bought $693,866.46 worth of THG stock on Apr 1, 2025.
Get more info about who owns THG shares here.
Does THG stock generate passive income?
Hanover Insurance Group pays a dividend of 2.11%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.49%. If you owned $1,000 of THG stock, you would have received $21.07 last year.
Hanover Insurance Group dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Hanover Insurance Group dividend yield and history here.
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Step 5: Make your THG purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
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Step 6: Get key alerts regarding your investment in THG
Now that you own some THG stock, you'll want to stay up-to-date on your investment.
Make a watchlist to track the latest developments regarding your THG stock.
THG Feed
How to Buy Stock in Hanover Insurance Group
To summarize, here are the 6 steps to buy Hanover Insurance Group stock:
- Figure out where to buy Hanover Insurance Group stock
- Create a brokerage account
- Fund your investment account
- Evaluate Hanover Insurance Group stock
- Make your THG purchase
- Get key alerts regarding your investment in THG
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Hanover Insurance Group, hit the button below to create your watchlist.
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