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 $146.67 (represents a -1.59% downside from THG’s last price of $149.04) 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 $146.67 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $164.00 to $126.00. This represents a potential -1.59% downside from THG's last price of $149.04.
THG Analyst Ratings
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 |
|---|---|---|---|---|---|---|
| Aug 31, 2023 | Michael Zaremski | Loop Capital Markets | $126.00 | $106.70 | 18.09% | -15.46% |
| Nov 22, 2022 | - | Morgan Stanley | $150.00 | $143.98 | 4.18% | 0.64% |
| Nov 11, 2022 | - | Janney Montgomery | $164.00 | $141.10 | 16.23% | 10.04% |
The latest Hanover Insurance Group stock forecast, released on Aug 31, 2023 by Michael Zaremski from Loop Capital Markets, set a price target of $126.00, which represents a 18.09% increase from the stock price at the time of the forecast ($106.70), and a -15.46% decrease from THG last price ($149.04).
Hanover Insurance Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $149.04 | $149.04 | $149.04 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
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 $149.04. This month's average price target is down NaN% compared to last quarter, and down NaN% 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 |
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 | Jul 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 | - | $15.20M | $1.36B | $1.26B | $1.28B | $1.28B | $1.30B | $1.25B | $1.22B | $1.06B | $1.26B | $1.21B |
| Avg Forecast | $1.57B | $1.85B | $1.68B | $1.61B | $1.51B | $1.77B | $1.60B | $1.53B | $1.42B | $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 | $1.59B | $1.86B | $1.69B | $1.62B | $1.52B | $1.78B | $1.61B | $1.54B | $1.43B | $1.68B | $1.50B | $1.48B | $1.43B | $1.62B | $1.43B | $1.40B | $1.31B | $1.45B | $1.27B | $1.26B | $1.20B | $1.37B | $1.16B | $1.17B | $1.18B | $1.32B | $1.13B | $1.16B | $1.11B | $1.24B |
| Low Forecast | $1.55B | $1.83B | $1.66B | $1.59B | $1.49B | $1.75B | $1.58B | $1.51B | $1.41B | $1.66B | $1.47B | $1.45B | $1.41B | $1.54B | $1.40B | $1.37B | $1.29B | $1.42B | $1.27B | $1.25B | $1.20B | $1.36B | $1.15B | $1.16B | $1.17B | $1.31B | $1.13B | $1.15B | $1.10B | $1.23B |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.06% | 1.04% | 1.13% | 0.95% | - | 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 | Jul 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 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.20M | $-70.00M | $-9.00M | $-2.90M | $12.40M | - | $141.30M | $218.40M | $54.50M | $171.70M | $126.30M | $218.50M | $162.20M | $156.80M | $-40.70M | $147.20M | $152.20M |
| Avg Forecast | $108.09M | $127.03M | $115.37M | $110.42M | $103.71M | $121.68M | $109.93M | $105.23M | $97.80M | $114.77M | $102.31M | $125.32M | $97.51M | $108.78M | $97.62M | $113.93M | $89.55M | $64.51M | $87.00M | $103.57M | $134.94M | $58.65M | $124.94M | $78.72M | $153.79M | $141.37M | $96.16M | $-36.69M | $142.67M | $136.18M |
| High Forecast | $108.88M | $127.95M | $116.21M | $111.22M | $104.46M | $122.56M | $110.73M | $105.99M | $98.51M | $115.49M | $103.05M | $150.39M | $98.13M | $111.29M | $98.33M | $136.72M | $90.20M | $77.41M | $87.00M | $124.29M | $161.93M | $70.38M | $149.93M | $94.46M | $184.55M | $169.64M | $115.39M | $-29.35M | $171.20M | $163.41M |
| Low Forecast | $106.68M | $125.37M | $113.87M | $108.98M | $102.35M | $120.09M | $108.50M | $103.85M | $96.52M | $114.05M | $100.97M | $100.26M | $96.88M | $105.77M | $96.35M | $91.14M | $88.38M | $51.61M | $87.00M | $82.86M | $107.95M | $46.92M | $99.95M | $62.98M | $123.04M | $113.09M | $76.93M | $-44.03M | $114.14M | $108.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | -0.72% | -0.08% | -0.03% | 0.19% | - | 1.36% | 1.62% | 0.93% | 1.37% | 1.60% | 1.42% | 1.15% | 1.63% | 1.11% | 1.03% | 1.12% |
2 analysts predict THG's average Quarter EBITDA for Dec 23 to be $97.51M, with a high of $98.13M and a low of $96.88M. This is 1089.14% 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 | Jul 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 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.60M | $-69.20M | $-12.00M | $-11.90M | $600.00K | - | $104.80M | $162.80M | $34.00M | $128.50M | $92.70M | $164.60M | $118.90M | $115.20M | $-40.00M | $109.80M | $118.90M |
| Avg Forecast | $172.96M | $132.82M | $94.58M | $139.17M | $154.73M | $114.03M | $96.72M | $130.03M | $126.65M | $93.53M | $68.24M | $84.98M | $98.95M | $6.89M | $-69.35M | $77.26M | $-38.11M | $40.25M | $78.52M | $70.24M | $101.44M | $36.59M | $93.51M | $57.78M | $115.86M | $103.63M | $70.65M | $-36.06M | $106.42M | $106.38M |
| High Forecast | $174.59M | $134.07M | $95.47M | $140.49M | $156.19M | $115.11M | $97.63M | $131.26M | $127.84M | $96.37M | $68.89M | $101.98M | $99.34M | $9.82M | $-68.17M | $92.71M | $-37.47M | $48.29M | $78.52M | $84.28M | $121.72M | $43.90M | $112.21M | $69.33M | $139.03M | $124.35M | $84.78M | $-28.85M | $127.71M | $127.66M |
| Low Forecast | $170.02M | $130.56M | $92.97M | $136.81M | $152.10M | $112.10M | $95.08M | $127.82M | $124.50M | $88.55M | $67.08M | $67.99M | $98.55M | $833.35K | $-70.01M | $61.81M | $-38.47M | $32.20M | $78.52M | $56.19M | $81.15M | $29.27M | $74.81M | $46.22M | $92.68M | $82.90M | $56.52M | $-43.27M | $85.14M | $85.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.00% | -0.16% | 0.31% | 0.01% | - | 1.49% | 1.60% | 0.93% | 1.37% | 1.60% | 1.42% | 1.15% | 1.63% | 1.11% | 1.03% | 1.12% |
Hanover Insurance Group's average Quarter net income forecast for Dec 23 is $98.95M, with a range of $98.55M to $99.34M. THG's average Quarter net income forecast represents a 1050.52% 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 | Jul 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 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | Jul 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 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.24 | $-1.94 | $-0.34 | $-0.33 | $0.02 | - | $2.95 | $4.59 | $0.95 | $3.58 | $2.51 | $4.49 | $3.18 | $3.03 | $-1.04 | $2.86 | $3.00 |
| Avg Forecast | $4.76 | $3.66 | $2.61 | $3.83 | $4.26 | $3.14 | $2.66 | $3.58 | $3.49 | $2.58 | $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 | $4.81 | $3.69 | $2.63 | $3.87 | $4.30 | $3.17 | $2.69 | $3.62 | $3.52 | $2.65 | $1.90 | $2.73 | $2.74 | $0.27 | $-1.88 | $0.01 | $-1.03 | $0.98 | $2.16 | $3.08 | $2.48 | $0.60 | $2.40 | $0.93 | $2.35 | $2.19 | $1.13 | $2.04 | $1.96 | $2.10 |
| Low Forecast | $4.68 | $3.60 | $2.56 | $3.77 | $4.19 | $3.09 | $2.62 | $3.52 | $3.43 | $2.44 | $1.85 | $2.66 | $2.71 | $0.02 | $-1.93 | $0.01 | $-1.06 | $0.95 | $2.16 | $3.05 | $2.46 | $0.60 | $2.38 | $0.92 | $2.33 | $2.17 | $1.12 | $2.02 | $1.94 | $2.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.02% | -29.62% | 0.31% | 0.02% | - | 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 | $61.25 | $71.00 | 15.92% | Buy |
| HMN | Horace Mann Educators | $34.08 | $38.50 | 12.97% | Strong Buy |
| SIGI | Selective Insurance Group | $92.17 | $92.20 | 0.03% | Hold |
| RLI | RLI | $153.27 | $152.67 | -0.39% | Buy |
| THG | Hanover Insurance Group | $149.04 | $146.67 | -1.59% | Buy |
| CNA | CNA Financial | $50.16 | $45.00 | -10.29% | Buy |
| ALL | Allstate | $190.26 | $170.14 | -10.58% | Buy |
| TRV | Travelers Companies | $241.54 | $214.06 | -11.38% | Hold |
| CB | Chubb | $290.78 | $253.80 | -12.72% | Buy |
| PGR | Progressive | $256.91 | $222.25 | -13.49% | 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 $146.67 with a range of $126 to $164, implying a -1.59% from its last price of $149.04. 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 -1.59% (from the last price of $149.04 to the average price target of $146.67), up by 10.04% based on the highest stock price target, and down by -15.46% based on the lowest stock price target.
Can Hanover Insurance Group stock reach $200?
THG's average twelve months analyst stock price target of $146.67 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 $6.41B (high $6.46B, low $6.33B), average EBITDA is $440.55M (high $443.75M, low $434.79M), average net income is $495.5M (high $500.19M, low $487.09M), average SG&A $0 (high $0, low $0), and average EPS is $13.65 (high $13.78, low $13.42). THG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.71B (high $6.76B, low $6.62B), average EBITDA is $460.91M (high $464.27M, low $454.89M), average net income is $539.53M (high $544.63M, low $530.37M), average SG&A $0 (high $0, low $0), and average EPS is $14.86 (high $15, low $14.61).
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 $344.64M by -44.81%. The company's net income was $116M, missing the average estimation of $150.89M by -23.12%. 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 $108.78M by -92.46%. Hanover Insurance Group's net income was $8.6M, beating the average estimation of $6.89M by 24.89%. 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%