Hanover Insurance Group (THG) Stock Forecast, Price Target & Predictions

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THG Stock Forecast

Hanover Insurance Group stock forecast is as follows: an average price target of $152.50 (represents a -7.23% downside from THG’s last price of $164.39) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

THG Price Target

The average price target for Hanover Insurance Group (THG) is $152.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $170.00 to $126.00. This represents a potential -7.23% downside from THG's last price of $164.39.

THG Analyst Ratings

Buy

According to 9 Wall Street analysts, Hanover Insurance Group's rating consensus is 'Buy'. The analyst rating breakdown for THG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hanover Insurance Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 10, 2024	Grace Carter	Bank of America Securities	$170.00	$147.82	15.00%	3.41%
Aug 31, 2023	Michael Zaremski	Loop Capital Markets	$126.00	$106.70	18.09%	-23.35%
Nov 22, 2022	-	Morgan Stanley	$150.00	$143.98	4.18%	-8.75%
Nov 11, 2022	-	Janney Montgomery	$164.00	$141.10	16.23%	-0.24%

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The latest Hanover Insurance Group stock forecast, released on Oct 10, 2024 by Grace Carter from Bank of America Securities, set a price target of $170.00, which represents a 15.00% increase from the stock price at the time of the forecast ($147.82), and a 3.41% increase from THG last price ($164.39).

Hanover Insurance Group Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$170.00	$170.00
Last Closing Price	$164.39	$164.39	$164.39
Upside/Downside	-100.00%	3.41%	3.41%

In the current month, the average price target of Hanover Insurance Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hanover Insurance Group's last price of $164.39. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 02, 2024	Piper Sandler	Overweight	Overweight	Hold
May 03, 2024	Wellington Shields	Outperform	Outperform	Hold
May 03, 2024	Oppenheimer	Outperform	Outperform	Hold
Apr 01, 2024	Sandler O'Neill	Market Perform	Market Perform	Hold
Apr 01, 2024	Sandler O'Neil	Underperform	Underperform	Hold
Aug 31, 2023	BMO Capital	-	Outperform	Upgrade
Aug 15, 2023	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
Jul 06, 2023	Piper Sandler	-	Overweight	Upgrade
Feb 06, 2023	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
Nov 22, 2022	Morgan Stanley	Equal-Weight	Equal-Weight	Hold

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Hanover Insurance Group's last stock rating was published by Piper Sandler on Aug 02, 2024. The company gave THG a "Overweight" rating, the same as its previous rate.

Hanover Insurance Group Financial Forecast

Hanover Insurance Group Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.52B	$1.50B	$1.44B	$1.48B	$1.37B	$1.29B	$15.20M	$1.36B	$1.26B	$1.28B	$1.28B	$1.30B	$1.25B	$1.22B	$1.06B	$1.26B	$1.21B
Avg Forecast	$1.61B	$1.86B	$1.70B	$1.62B	$1.52B	$1.76B	$1.61B	$1.54B	$1.43B	$1.67B	$1.49B	$1.47B	$1.42B	$1.58B	$1.42B	$1.39B	$1.30B	$1.44B	$1.27B	$1.26B	$1.20B	$1.36B	$1.15B	$1.17B	$1.17B	$1.31B	$1.13B	$1.15B	$1.11B	$1.23B
High Forecast	$1.64B	$1.89B	$1.73B	$1.65B	$1.55B	$1.80B	$1.64B	$1.56B	$1.49B	$1.67B	$1.49B	$1.47B	$1.43B	$1.62B	$1.45B	$1.41B	$1.33B	$1.44B	$1.27B	$1.26B	$1.20B	$1.36B	$1.15B	$1.17B	$1.17B	$1.31B	$1.13B	$1.15B	$1.11B	$1.23B
Low Forecast	$1.57B	$1.82B	$1.67B	$1.59B	$1.49B	$1.73B	$1.58B	$1.52B	$1.38B	$1.67B	$1.49B	$1.47B	$1.41B	$1.54B	$1.39B	$1.36B	$1.28B	$1.44B	$1.27B	$1.26B	$1.20B	$1.36B	$1.15B	$1.17B	$1.17B	$1.31B	$1.13B	$1.15B	$1.11B	$1.23B
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	1.06%	1.04%	1.13%	0.95%	1.02%	0.01%	1.13%	0.93%	1.11%	1.10%	1.10%	0.95%	1.09%	0.91%	1.14%	0.99%

Hanover Insurance Group's average Quarter revenue forecast for Dec 23 based on 2 analysts is $1.42B, with a low forecast of $1.41B, and a high forecast of $1.43B. THG's average Quarter revenue forecast represents a -6.38% decrease compared to the company's last Quarter revenue of $1.52B (Sep 23).

Hanover Insurance Group EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.20M	$-70.00M	$-9.00M	$-2.90M	$12.40M	$39.40M	$141.30M	$218.40M	$54.50M	$171.70M	$126.30M	$218.50M	$162.20M	$156.80M	$-40.70M	$147.20M	$152.20M
Avg Forecast	$118.74M	$137.23M	$125.80M	$119.74M	$112.45M	$130.32M	$118.89M	$113.51M	$105.67M	$123.46M	$110.04M	$125.32M	$104.88M	$117.01M	$105.01M	$113.93M	$148.43M	$98.80M	$87.00M	$103.57M	$82.33M	$93.29M	$79.30M	$78.72M	$80.68M	$90.05M	$77.46M	$-36.69M	$75.92M	$84.63M
High Forecast	$120.92M	$139.75M	$128.11M	$121.94M	$114.51M	$132.71M	$121.08M	$114.90M	$109.74M	$123.46M	$110.04M	$150.39M	$105.56M	$119.70M	$106.93M	$136.72M	$178.12M	$98.80M	$87.00M	$124.29M	$82.33M	$93.29M	$79.30M	$94.46M	$80.68M	$90.05M	$77.46M	$-29.35M	$75.92M	$84.63M
Low Forecast	$116.31M	$134.42M	$123.22M	$117.29M	$110.14M	$127.65M	$116.46M	$112.12M	$101.61M	$123.45M	$110.04M	$100.26M	$104.21M	$113.77M	$102.86M	$91.14M	$118.75M	$98.80M	$87.00M	$82.86M	$82.33M	$93.29M	$79.30M	$62.98M	$80.68M	$90.05M	$77.46M	$-44.03M	$75.92M	$84.63M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07%	-0.67%	-0.08%	-0.02%	0.13%	0.45%	1.36%	2.65%	0.58%	2.17%	1.60%	2.71%	1.80%	2.02%	1.11%	1.94%	1.80%

2 analysts predict THG's average Quarter EBITDA for Dec 23 to be $104.88M, with a high of $105.56M and a low of $104.21M. This is 1179.08% upper than Hanover Insurance Group's previous annual EBITDA (Sep 23) of $8.20M.

Hanover Insurance Group Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.60M	$-69.20M	$-12.00M	$-11.90M	$600.00K	$22.60M	$104.80M	$162.80M	$34.00M	$128.50M	$92.70M	$164.60M	$118.90M	$115.20M	$-40.00M	$109.80M	$118.90M
Avg Forecast	$170.92M	$133.01M	$106.61M	$147.13M	$155.35M	$117.89M	$97.28M	$132.51M	$123.02M	$92.29M	$68.62M	$84.98M	$99.49M	$6.92M	$-69.73M	$77.26M	$111.58M	$35.21M	$78.52M	$70.24M	$89.57M	$21.78M	$86.51M	$57.78M	$84.77M	$79.09M	$40.84M	$-36.06M	$70.63M	$75.90M
High Forecast	$175.00M	$136.19M	$109.15M	$150.64M	$159.06M	$120.70M	$99.60M	$141.61M	$126.25M	$94.65M	$68.62M	$101.98M	$99.89M	$9.88M	$-67.88M	$92.71M	$133.90M	$35.21M	$78.52M	$84.28M	$89.57M	$21.78M	$86.51M	$69.33M	$84.77M	$79.09M	$40.84M	$-28.85M	$70.63M	$75.90M
Low Forecast	$166.37M	$129.47M	$103.77M	$143.21M	$151.22M	$114.75M	$94.70M	$126.32M	$116.56M	$89.93M	$68.62M	$67.99M	$99.09M	$837.94K	$-71.40M	$61.81M	$89.26M	$35.21M	$78.52M	$56.19M	$89.57M	$21.78M	$86.51M	$46.22M	$84.77M	$79.09M	$40.84M	$-43.27M	$70.63M	$75.90M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.24%	0.99%	-0.16%	-0.11%	0.02%	0.29%	1.49%	1.82%	1.56%	1.49%	1.60%	1.94%	1.50%	2.82%	1.11%	1.55%	1.57%

Hanover Insurance Group's average Quarter net income forecast for Dec 23 is $99.49M, with a range of $99.09M to $99.89M. THG's average Quarter net income forecast represents a 1056.86% increase compared to the company's last Quarter net income of $8.60M (Sep 23).

Hanover Insurance Group SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
High Forecast	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Low Forecast	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Hanover Insurance Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to THG last annual SG&A of $NaN (undefined).

Hanover Insurance Group EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.24	$-1.94	$-0.34	$-0.33	$0.02	$0.64	$2.95	$4.59	$0.95	$3.58	$2.51	$4.49	$3.18	$3.03	$-1.04	$2.86	$3.00
Avg Forecast	$4.68	$3.64	$2.92	$4.03	$4.26	$3.23	$2.67	$3.63	$3.37	$2.53	$1.88	$2.71	$2.73	$0.19	$-1.91	$0.01	$-1.05	$0.97	$2.16	$3.06	$2.47	$0.60	$2.38	$0.92	$2.34	$2.18	$1.13	$2.03	$1.95	$2.09
High Forecast	$4.79	$3.73	$2.99	$4.13	$4.36	$3.31	$2.73	$3.88	$3.46	$2.59	$1.88	$2.71	$2.74	$0.27	$-1.86	$0.01	$-1.02	$0.97	$2.16	$3.06	$2.47	$0.60	$2.38	$0.92	$2.34	$2.18	$1.13	$2.03	$1.95	$2.09
Low Forecast	$4.56	$3.55	$2.84	$3.92	$4.14	$3.14	$2.59	$3.46	$3.19	$2.46	$1.88	$2.71	$2.71	$0.02	$-1.96	$0.01	$-1.08	$0.97	$2.16	$3.06	$2.47	$0.60	$2.38	$0.92	$2.34	$2.18	$1.13	$2.03	$1.95	$2.09
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.27%	1.02%	-29.62%	0.31%	0.02%	0.30%	0.96%	1.86%	1.58%	1.50%	2.71%	1.92%	1.46%	2.69%	-0.52%	1.47%	1.44%

According to 2 Wall Street analysts, Hanover Insurance Group's projected average Quarter EPS for Dec 23 is $2.73, with a low estimate of $2.71 and a high estimate of $2.74. This represents a 1035.73% increase compared to THG previous annual EPS of $0.24 (Sep 23).

Hanover Insurance Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
KMPR	Kemper	$70.53	$71.00	0.67%	Buy
SIGI	Selective Insurance Group	$98.08	$97.40	-0.69%	Buy
RLI	RLI	$175.40	$170.50	-2.79%	Buy
HMN	Horace Mann Educators	$40.61	$38.50	-5.20%	Strong Buy
PGR	Progressive	$256.52	$239.50	-6.63%	Buy
THG	Hanover Insurance Group	$164.39	$152.50	-7.23%	Buy
CNA	CNA Financial	$48.93	$45.00	-8.03%	Buy
CB	Chubb	$288.73	$260.00	-9.95%	Buy
ALL	Allstate	$199.97	$178.60	-10.69%	Buy
TRV	Travelers Companies	$262.69	$230.45	-12.27%	Hold

THG Forecast FAQ

Is Hanover Insurance Group a good buy?

Yes, according to 9 Wall Street analysts, Hanover Insurance Group (THG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of THG's total ratings.

What is THG's price target?

Hanover Insurance Group (THG) average price target is $152.5 with a range of $126 to $170, implying a -7.23% from its last price of $164.39. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hanover Insurance Group stock go up soon?

According to Wall Street analysts' prediction for THG stock, the company can go down by -7.23% (from the last price of $164.39 to the average price target of $152.5), up by 3.41% based on the highest stock price target, and down by -23.35% based on the lowest stock price target.

Can Hanover Insurance Group stock reach $200?

THG's average twelve months analyst stock price target of $152.5 does not support the claim that Hanover Insurance Group can reach $200 in the near future.

What are Hanover Insurance Group's analysts' financial forecasts?

Hanover Insurance Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.43B (high $6.54B, low $6.31B), average EBITDA is $475.16M (high $483.19M, low $466.37M), average net income is $503.04M (high $520.98M, low $486.99M), average SG&A $0 (high $0, low $0), and average EPS is $13.78 (high $14.27, low $13.34). THG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.79B (high $6.91B, low $6.65B), average EBITDA is $501.51M (high $510.71M, low $491.24M), average net income is $557.67M (high $570.97M, low $542.83M), average SG&A $0 (high $0, low $0), and average EPS is $15.28 (high $15.64, low $14.87).

Did the THG's actual financial results beat the analysts' financial forecasts?

Based on Hanover Insurance Group's last annual report (Dec 2022), the company's revenue was $5.47B, beating the average analysts forecast of $5.27B by 3.83%. Apple's EBITDA was $190.2M, missing the average prediction of $437.81M by -56.56%. The company's net income was $116M, missing the average estimation of $295.55M by -60.75%. Apple's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $3.26, missing the average prediction of $5.14 by -36.61%. In terms of the last quarterly report (Sep 2023), Hanover Insurance Group's revenue was $1.52B, missing the average analysts' forecast of $1.58B by -4.26%. The company's EBITDA was $8.2M, missing the average prediction of $117.01M by -92.99%. Hanover Insurance Group's net income was $8.6M, beating the average estimation of $6.92M by 24.20%. The company's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $0.24, beating the average prediction of $0.19 by 26.52%