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


THG Stock Forecast


Hanover Insurance Group stock forecast is as follows: an average price target of $175.00 (represents a 13.15% upside from THG’s last price of $154.66) 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 $175.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $180.00 to $170.00. This represents a potential 13.15% upside from THG's last price of $154.66.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2024Michael ZaremskiBMO Capital$180.00$151.8218.56%16.38%
Oct 10, 2024Grace CarterBank of America Securities$170.00$147.8215.00%9.92%
Aug 31, 2023Michael ZaremskiLoop Capital Markets$126.00$106.7018.09%-18.53%
Nov 22, 2022Morgan Stanley$150.00$143.984.18%-3.01%
Nov 11, 2022Janney Montgomery$164.00$141.1016.23%6.04%

The latest Hanover Insurance Group stock forecast, released on Dec 19, 2024 by Michael Zaremski from BMO Capital, set a price target of $180.00, which represents a 18.56% increase from the stock price at the time of the forecast ($151.82), and a 16.38% increase from THG last price ($154.66).

Hanover Insurance Group Price Target by Period


1M3M12M
# Anlaysts122
Avg Price Target$180.00$175.00$175.00
Last Closing Price$154.66$154.66$154.66
Upside/Downside16.38%13.15%13.15%

In the current month, the average price target of Hanover Insurance Group stock is $180.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 16.38% increase as opposed to Hanover Insurance Group's last price of $154.66. This month's average price target is up 2.86% compared to last quarter, and up 2.86% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024BMO CapitalOutperformOutperformHold
Aug 02, 2024Piper SandlerOverweightOverweightHold
May 03, 2024Wellington ShieldsOutperformOutperformHold
May 03, 2024OppenheimerOutperformOutperformHold
Apr 01, 2024Sandler O'NeillMarket PerformMarket PerformHold
Apr 01, 2024Sandler O'NeilUnderperformUnderperformHold
Aug 31, 2023BMO CapitalOutperformUpgrade
Aug 15, 2023Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 06, 2023Piper SandlerOverweightUpgrade
Feb 06, 2023Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Nov 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 11, 2022Janney MontgomeryBuyNeutralInitialise
Nov 11, 2022Janney MontgomeryBuyInitialise
Apr 25, 2022Zacks Investment ResearchBuyUpgrade

Hanover Insurance Group's last stock rating was published by BMO Capital on Dec 19, 2024. The company gave THG a "Outperform" rating, the same as its previous rate.

Hanover Insurance Group Financial Forecast


Hanover Insurance Group Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$1.71B$1.63B$1.52B$1.76B$1.61B$1.53B$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$1.90B$1.74B$1.66B$1.55B$1.79B$1.64B$1.54B$1.45B$1.67B$1.49B$1.47B$1.43B$1.62B$1.45B$1.41B$1.35B$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$1.59B$1.84B$1.68B$1.60B$1.50B$1.73B$1.59B$1.53B$1.41B$1.67B$1.49B$1.47B$1.41B$1.54B$1.40B$1.37B$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
# Analysts111111133111231111111111177986
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111231111111111177986
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$119.03M$137.60M$126.09M$120.12M$112.18M$129.74M$118.82M$113.37M$105.53M$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$121.42M$140.36M$128.62M$122.53M$114.43M$132.34M$121.21M$114.06M$106.84M$123.46M$110.04M$150.39M$105.56M$119.70M$107.11M$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$117.47M$135.80M$124.44M$118.55M$110.71M$128.04M$117.27M$112.67M$104.23M$123.45M$110.04M$100.26M$104.21M$113.77M$103.63M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111231111111111177986
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$169.62M$130.40M$107.71M$143.98M$152.87M$118.05M$96.94M$130.25M$120.98M$91.03M$67.68M$84.98M$98.13M$6.83M$-68.78M$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$174.04M$133.81M$110.52M$147.74M$156.85M$121.13M$99.46M$139.97M$124.17M$93.36M$67.68M$101.98M$98.52M$9.74M$-67.61M$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$166.73M$128.18M$105.88M$141.53M$150.26M$116.04M$95.28M$121.62M$117.80M$88.70M$67.68M$67.99M$97.74M$826.46K$-70.57M$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 %-------------1.26%1.01%-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 $98.13M, with a range of $97.74M to $98.52M. THG's average Quarter net income forecast represents a 1041.02% increase compared to the company's last Quarter net income of $8.60M (Sep 23).

Hanover Insurance Group SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111231111111111177986
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111231111111111177986
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$4.71$3.62$2.99$4.00$4.25$3.28$2.69$3.62$3.36$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$4.83$3.72$3.07$4.10$4.36$3.36$2.76$3.89$3.45$2.59$1.88$2.71$2.74$0.27$-1.88$0.01$-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$4.63$3.56$2.94$3.93$4.17$3.22$2.65$3.38$3.27$2.46$1.88$2.71$2.71$0.02$-1.96$0.01$-1.10$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KMPRKemper$66.44$77.5016.65%Buy
PGRProgressive$239.61$276.3315.32%Buy
THGHanover Insurance Group$154.66$175.0013.15%Buy
CBChubb$276.30$306.2510.84%Buy
ALLAllstate$192.79$207.867.82%Buy
HMNHorace Mann Educators$39.23$42.007.06%Strong Buy
RLIRLI$164.83$172.334.55%Buy
SIGISelective Insurance Group$93.52$97.754.52%Buy
TRVTravelers Companies$240.89$250.083.82%Hold
CNACNA Financial$48.37$45.00-6.97%Buy

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 $175 with a range of $170 to $180, implying a 13.15% from its last price of $154.66. 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 up by 13.15% (from the last price of $154.66 to the average price target of $175), up by 16.38% based on the highest stock price target, and up by 9.92% based on the lowest stock price target.

Can Hanover Insurance Group stock reach $200?

THG's average twelve months analyst stock price target of $175 does not support the claim that Hanover Insurance Group can reach $200 in the near future.

What is Hanover Insurance Group's current price target trend?

1 Wall Street analyst forecast a $180 price target for Hanover Insurance Group (THG) this month, up 16.38% from its last price of $154.66. Compared to the last 3 and 12 months, the average price target increased by 13.15% and increased by 13.15%, respectively.

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 $6.42B (high $6.53B, low $6.34B), average EBITDA is $474.11M (high $482.05M, low $468.69M), average net income is $498.1M (high $517.42M, low $483.2M), average SG&A $0 (high $0, low $0), and average EPS is $13.84 (high $14.37, low $13.42). THG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.81B (high $6.94B, low $6.72B), average EBITDA is $502.85M (high $512.94M, low $496.26M), average net income is $551.71M (high $566.11M, low $542.32M), average SG&A $0 (high $0, low $0), and average EPS is $15.33 (high $15.73, low $15.06).

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 $6.83M by 25.93%. 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%