Hanover Insurance Group, Inc. (THG) stock
THGNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q/A on Nov 5, 2026Score 14/3015% above fair value
$248.26+0.27 (+0.11%)
Close on Nov 13, 2026Market cap $8.53BP/E 11.9Yield –
Hanover Insurance statistics
102 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 3, 2027 (estimated, during market hours)
- Last ex-dividend date
- Sep 11, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 2.62
- 1.74
- P/OCF Ratio
- 6.94
- 7.15
Enterprise valuationIndustry
- EV / Sales
- 1.18
- 0.97
- EV / EBIT
- 7.80
- 13.36
- EV / FCF
- 6.62
- 7.00
Share statisticsIndustry
- Shares Change (YoY)
- -1.64%
- -1.32%
- Float
- 34M
- 57M
- Shares Held by Insiders
- 1.20%
- 3.33%
- Shares Held by Institutions
- 93.2%
- 84.6%
Short sellingIndustry
- Short Interest
- 937,684
- –
- Short Interest Change
- -7.06%
- -2.56%
- Short % of Float
- 2.76%
- 3.81%
- Short % of Shares Outstanding
- 2.73%
- 3.02%
- Days to Cover
- 3.17
- 4.05
Stock price statisticsIndustry
- 52-Week High
- $256.74
- –
- 52-Week Low
- $166.54
- –
- 20-Day Moving Average
- $241.77
- –
- 50-Day Moving Average
- $230.51
- –
- 200-Day Moving Average
- $204.01
- –
- Average True Range (14)
- $5.56
- –
- Price Change (1 Week)
- 2.21%
- 2.21%
- Price Change (1 Month)
- 8.69%
- 4.21%
- Price Change (3 Months)
- 11.8%
- 2.03%
- Price Change (6 Months)
- 27.5%
- 11.0%
- Price Change (YTD)
- 35.8%
- 8.86%
- Price Change (1 Year)
- 36.1%
- 10.7%
- Price Change (3 Years)
- 111.9%
- 42.9%
- Price Change (5 Years)
- 95.3%
- 42.3%
- Price Change (10 Years)
- 197.8%
- 113.0%
- Average Volume (10 Days)
- 309,421
- –
- Average Volume (20 Days)
- 303,475
- –
- Average Volume (90 Days)
- 299,491
- –
- Relative Volume
- 0.52
- 0.73
- Relative Strength Index (14)
- 63.3
- 56.3
- Volatility (1 Year)
- 21.0%
- 28.3%
- Beta (5 Years)
- 0.40
- 0.60
MarginsIndustry
- Pretax Margin
- 14.0%
- 13.5%
- EBITDA Margin
- 15.1%
- 13.5%
- FCF Margin
- 17.8%
- 18.5%
Returns on capitalIndustry
- Return on Equity (ROE)
- 21.8%
- 13.9%
- Return on Assets (ROA)
- 4.43%
- 2.97%
- Return on Invested Capital (ROIC)
- 27.2%
- 17.9%
Financial positionIndustry
- Debt / Equity
- 0.01
- 0.32
- Debt / EBITDA
- 0.05
- 2.21
- Debt / FCF
- 0.04
- 2.32
- Net Debt / EBITDA
- -0.44
- -0.97
- Interest Coverage
- 22.81
- 4.66
GrowthIndustry
- Revenue Growth (YoY)
- 5.04%
- 6.46%
- Net Income Growth (YoY)
- 18.6%
- 11.9%
- EPS Growth (YoY)
- 20.6%
- 12.7%
- FCF Growth (YoY)
- 21.5%
- 9.52%
- Revenue Growth (3Y CAGR)
- 6.44%
- 9.53%
- Revenue Growth (5Y CAGR)
- 6.45%
- 8.29%
- EPS Growth (3Y CAGR)
- 78.2%
- 15.9%
- EPS Growth (5Y CAGR)
- 14.0%
- 15.2%
EfficiencyIndustry
- Asset Turnover
- 0.40
- 0.27
- Revenue Per Employee
- $1.39M
- $1.80M
- Profits Per Employee
- $152.96K
- $182.48K
- Employee Count
- 4,900
- 1,341
- WACC
- 7.62%
- 8.10%
Income statement (TTM)Industry
- Pretax Income
- $959.80M
- $617.47M
Balance sheetIndustry
- Net Cash (Debt)
- $456.20M
- $331.32M
- Net Cash Per Share
- $13.27
- $5.43
- Equity (Book Value)
- $3.44B
- $3.44B
- Book Value Per Share
- $100.12
- $37.80
- Tangible Book Value
- $3.26B
- $2.32B
Cash flow (TTM)Industry
- Capital Expenditures
- -$9.40M
- -$9.40M
- FCF Per Share
- $35.48
- $8.18
Dividends and yieldsIndustry
- Earnings Yield
- 8.78%
- 8.85%
- FCF Yield
- 14.3%
- 12.2%
- Buyback Yield
- 3.32%
- 3.22%
- Shareholder Yield
- 3.32%
- 4.26%
- Payout Ratio
- 17.8%
- 20.1%
- FCF Payout Ratio
- 10.9%
- 17.9%
Taxes and interestIndustry
- Interest Expense
- $45.40M
- $77.46M
- Income Tax
- $212.30M
- $107.00M
- Effective Tax Rate
- 22.1%
- 20.0%
Scores and fair valueIndustry
- Graham Number
- $216.88
- $76.72
- Graham Upside
- -12.6%
- 11.3%
- Altman Z-Score
- 1.32
- 0.94
- Piotroski F-Score
- 6
- 5
- Lynch Fair Value
- $292.91
- –
- Lynch Upside
- 18.0%
- 74.7%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | THG | S&P 500 | Difference | THG per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +11.6% | -3.0% | +14.6 pts | ||
| 3 months | +11.7% | -2.8% | +14.5 pts | ||
| Year to date | +37.8% | +11.5% | +26.3 pts | ||
| 1 year | +38.9% | +13.5% | +25.5 pts | ||
| 3 years | +132.8% | +77.7% | +55.1 pts | +32.5% | +21.1% |
| 5 years | +119.3% | +72.6% | +46.7 pts | +17.0% | +11.5% |
| 10 years | +296.9% | +308.2% | −11.3 pts | +14.8% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
1M THG shares were sold short on Oct 30, 2026, down 7.1% from the previous report, or 2.76% of the shares available to trade. At recent volumes it would take 3.2 days to buy them back. Over the last 20 sessions, 64.4% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 937,684 | -7.1% | 296,035 | 3.2 |
| Oct 15, 2026 | 1,008,916 | -2.3% | 242,254 | 4.2 |
| Sep 30, 2026 | 1,032,841 | +39.0% | 366,133 | 2.8 |
| Sep 15, 2026 | 742,877 | +4.0% | 255,211 | 2.9 |
| Aug 31, 2026 | 714,354 | +3.7% | 284,087 | 2.5 |
| Aug 14, 2026 | 688,941 | -10.1% | 262,091 | 2.6 |
| Jul 31, 2026 | 766,139 | -35.1% | 370,003 | 2.1 |
| Jul 15, 2026 | 1,181,059 | +6.8% | 332,565 | 3.5 |
| Jun 30, 2026 | 1,105,692 | -0.6% | 371,536 | 3.0 |
| Jun 15, 2026 | 1,112,102 | +9.0% | 312,632 | 3.6 |
| May 29, 2026 | 1,020,451 | -1.8% | 290,489 | 3.5 |
| May 15, 2026 | 1,039,109 | +26.9% | 292,549 | 3.5 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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