Hanover Insurance Group (THG) Given Media Impact Rating of 0.16
Press coverage about Hanover Insurance Group (NYSE:THG) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hanover Insurance Group earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 44.6880502581368 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Hanover Insurance Group (NYSE:THG) opened at $118.46 on Thursday. The stock has a market capitalization of $5,002.65, a PE ratio of 27.29 and a beta of 1.12. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.47 and a quick ratio of 0.47. Hanover Insurance Group has a one year low of $79.23 and a one year high of $119.22.
Hanover Insurance Group (NYSE:THG) last posted its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $2.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.85 by $0.15. Hanover Insurance Group had a return on equity of 6.88% and a net margin of 3.59%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the business earned ($0.46) EPS. The business’s quarterly revenue was up 8.4% on a year-over-year basis. analysts predict that Hanover Insurance Group will post 8.55 earnings per share for the current year.
Separately, Zacks Investment Research downgraded Hanover Insurance Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 10th.
In other news, SVP Warren E. Barnes sold 1,547 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $110.60, for a total transaction of $171,098.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Warren E. Barnes sold 1,513 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $108.46, for a total value of $164,099.98. Following the sale, the senior vice president now directly owns 6,333 shares of the company’s stock, valued at $686,877.18. The disclosure for this sale can be found here. 1.08% of the stock is owned by company insiders.
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About Hanover Insurance Group
The Hanover Insurance Group, Inc is a holding company. The Company is engaged in providing property and casualty insurance products and services. The Company has four segments: Commercial Lines, Personal Lines, Chaucer and Other. It markets its domestic products and services through independent agents and brokers in the United States, and conducts business internationally through a subsidiary, Chaucer Holdings Limited, which operates through the Society and Corporation of Lloyd’s (Lloyd’s).
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