as a top property and casualty insurance company, the hanover is searching for the most talented professionals―at every level― to join our company. the hanover offers a collaborative environment where you’ll gain new experience and grow your career. the hanover offers comprehensive benefits to help you stay healthy, build financial security, and balance work/home life. at the hanover, you’ll enjoy what you do and have the support you need to succeed. please visit jobs.hanover.com.
Company profile
Ticker
THG
Exchange
Website
CEO
John Roche
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALLMERICA FINANCIAL CORP
SEC CIK
Corporate docs
Subsidiaries
I.The Hanover Insurance Group, Inc. • A.Opus Investment Management, Inc. • a.The Hanover Insurance Company • 1.Citizens Insurance Company • 2.Allmerica Financial Benefit Insurance Company • 3.Allmerica Plus Insurance Agency, Inc. • 4.The Hanover American Insurance Company • 5.Citizens Insurance Company • 6.Citizens Insurance Company • 7.The Hanover New Jersey Insurance Company ...
IRS number
43263626
THG stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
PRE 14A
Preliminary proxy
15 Mar 24
8-K
The Hanover Reports Fourth Quarter Net Income and Net and Operating Return on Equity of 18.8% and 15.7%, Respectively
31 Jan 24
8-K
Departure of Directors or Certain Officers
7 Dec 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
The Hanover Reports Third Quarter Results
1 Nov 23
8-K
The Hanover Estimates Third Quarter Catastrophe Losses and Preliminary Results
18 Oct 23
8-K
Amendments to Articles of Incorporation or Bylaws
21 Sep 23
Transcripts
THG
Earnings call transcript
2023 Q4
1 Feb 24
THG
Earnings call transcript
2023 Q3
2 Nov 23
THG
Earnings call transcript
2023 Q2
3 Aug 23
THG
Earnings call transcript
2023 Q1
3 May 23
THG
Earnings call transcript
2022 Q4
2 Feb 23
THG
Earnings call transcript
2022 Q3
2 Nov 22
THG
Earnings call transcript
2022 Q2
3 Aug 22
THG
Earnings call transcript
2022 Q1
8 May 22
THG
Earnings call transcript
2021 Q4
3 Feb 22
THG
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 294.50 mm | 294.50 mm | 294.50 mm | 294.50 mm | 294.50 mm | 294.50 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 11.06 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 73.49 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 221.01 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 20.0 | n/a | n/a |
Institutional ownership, Q3 2023
86.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 325 |
Opened positions | 38 |
Closed positions | 37 |
Increased positions | 121 |
Reduced positions | 119 |
13F shares | Current |
---|---|
Total value | 3.41 tn |
Total shares | 30.91 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 3.61 mm | $400.72 bn |
BLK Blackrock | 3.34 mm | $370.13 bn |
BEN Franklin Resources | 1.43 mm | $158.38 bn |
STT State Street | 1.16 mm | $129.13 bn |
Allspring Global Investments | 1.07 mm | $118.52 bn |
T. Rowe Price Investment Management | 983.16 k | $109.13 bn |
Victory Capital Management | 957.82 k | $106.30 bn |
Massachusetts Financial Services | 950.04 k | $105.44 bn |
American Century Companies | 926.20 k | $102.79 bn |
Alliancebernstein | 845.44 k | $93.83 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | David John Lovely | Common Stock | Grant | Acquire A | No | No | 0 | 8.95 | 0.00 | 1,442.749 |
28 Mar 24 | Willard T Lee | Common Stock | Grant | Acquire A | No | No | 0 | 13.651 | 0.00 | 5,397.603 |
28 Mar 24 | Bryan J Salvatore | Common Stock | Grant | Acquire A | No | No | 0 | 31.354 | 0.00 | 23,516.292 |
28 Mar 24 | Jeffrey M Farber | Common Stock | Grant | Acquire A | No | No | 0 | 60.953 | 0.00 | 89,966.795 |
28 Mar 24 | Dennis Francis Kerrigan | Common Stock | Grant | Acquire A | No | No | 0 | 20.905 | 0.00 | 8,442.056 |
News
JMP Securities Reiterates Market Outperform on Hanover Insurance Gr, Maintains $150 Price Target
15 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on Hanover Insurance Gr, Raises Price Target to $142
10 Apr 24
Oppenheimer Maintains Outperform on Hanover Insurance Gr, Maintains $150 Price Target
5 Apr 24
A Glimpse Into The Expert Outlook On Hanover Insurance Gr Through 4 Analysts
1 Apr 24
Piper Sandler Maintains Overweight on Hanover Insurance Gr, Maintains $147 Price Target
1 Apr 24
Press releases
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 14
15 Apr 24
Russell Innovation Center for Entrepreneurs and The Hanover Announce Exclusive Insurance-Based Programming
3 Apr 24
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1
19 Mar 24
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share
26 Feb 24
Forbes Ranks The Hanover Among America's Best Employers
14 Feb 24