Stocktoria
HANOVER INSURANCE GROUP, INC. THG
HANOVER INSURANCE GROUP, INC. (THG) earns a Piotroski F-score of 4/9 (mixed financial health). It pays a dividend yielding 1.76% (safety: safe). FY2025 revenue was $6.6B at a 10.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-26 | Piper Sandler | Overweight (main) |
| 2026-05-21 | Oppenheimer | Outperform (main) |
| 2026-05-19 | BMO Capital | Market Perform (down) |
| 2026-05-07 | Keefe, Bruyette & Woods | Outperform (main) |
| 2026-05-01 | RBC Capital | Sector Perform (main) |
| 2026-05-01 | Piper Sandler | Overweight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| THG | HANOVER INSURANCE GROUP, INC. | 4/9 | — | 11.2 | +5.7% |
| AXS | AXIS CAPITAL HOLDINGS LTD | 3/9 | — | 7.9 | +10.2% |
| MCY | MERCURY GENERAL CORP | 6/9 | — | 11 | +9.4% |
| SIGI | SELECTIVE INSURANCE GROUP INC | 5/9 | — | 12.4 | +9.8% |
| AFG | AMERICAN FINANCIAL GROUP INC | 4/9 | — | 13.7 | -1.8% |
| KMPB | KEMPER Corp | 6/9 | — | 11 | +3.3% |
| WTM | WHITE MOUNTAINS INSURANCE GROUP LTD | 5/9 | — | 4.5 | +66.8% |
All Finance, Insurance & Real Estate companies →
About HANOVER INSURANCE GROUP, INC.
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other. The company offers commercial multiple peril, commercial automobile, workers' compensation, and other core commercial coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty products comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. It also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. In addition, the company offers insurance products for collector cars, motorcycles, off-road vehicles, condominiums, valuable items, business owners, international, and management and professional liability; and for the construction, cultural and educational institutions, financial intuitions, healthcare, human services, life sciences, manufacturing, professional services, real estate, retail, technology, and wholesale and distribution industries. It markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
FAQ
Is THG financially healthy?
HANOVER INSURANCE GROUP, INC.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak).
Does THG pay a dividend, and is it safe?
Yes. HANOVER INSURANCE GROUP, INC. pays a dividend yielding about 1.76% with a 19.7% payout ratio, rated “safe” for safety.
How profitable is THG?
In FY2025, HANOVER INSURANCE GROUP, INC. had a net margin of 10.0% and a return on equity of 18.5%.
Is THG overvalued or undervalued?
HANOVER INSURANCE GROUP, INC. trades at about 12.2× trailing earnings — near its 10-year norm (10-year range 9.6×–134.7×, median 13.2×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for THG?
The average Wall-Street price target for HANOVER INSURANCE GROUP, INC. is $206.38, about 7.1% below the recent price, from 8 analysts.
Is THG a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on HANOVER INSURANCE GROUP, INC.: a Piotroski F-score of 4/9, a P/E of about 11.2×, a dividend yield of 1.76%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.