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THGHanover Insurance Group IncHold6.0·$196.07-0.67%
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Hanover Insurance Group Inc (THG) Stock Analysis

Breakout setup

HoldVALUE-TRAP 1/5Moderate Confidence

Financial Services · Insurance - Property & Casualty

Hold if already holding. Not a fresh buy at $196.07, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Michigan and Massachusetts (Personal Lines); Analyst target reached - limited upside remaining.

Hanover Insurance Group underwrites P&C insurance via independent agents across Core Commercial (36%), Specialty (23%), and Personal Lines (41%) segments, generating $6.3B net premiums written in 2025. Michigan and Massachusetts together drive ~50% of Personal Lines premiums;... Read more

$196.07-0.2% A.UpsideScore 6.0/10#9 of 29 Insurance - Property & Casualty
QualityF-score7 / 9FCF yield14.62%
IncomeYield1.94%(5y avg 2.26%)Payout18.67%sustainable
Stop $186.36Target $194.65(resistance)A.R:R -1.4:1
Analyst target$206.38+5.3%8 analysts
$194.65our TP
$196.07price
$206.38mean
$220

Hold if already holding. Not a fresh buy at $196.07, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Michigan and Massachusetts (Personal Lines); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 47d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-12
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202647d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Strong growth profile
Risks
Concentration risk — Geographic: Michigan and Massachusetts (Personal Lines)
Analyst target reached - limited upside remaining
Near 52-week high (2.2% away)

Key Metrics

P/E (TTM)9.9
P/E (Fwd)10.5
Mkt Cap$6.9B
EV/EBITDA
Profit Mgn10.8%
ROE21.7%
Rev Growth6.1%
Beta0.32
Dividend1.94%
Rating analysts13

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C2.00bearish
IV49%normal
Max Pain$180-8.2% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicMichigan and Massachusetts (Personal Lines)
    10-K Item 1: 'Approximately 50% of our Personal Lines net premiums written is generated in the combined states of Michigan and Massachusetts'
  • MEDIUMGeographicMichigan (personal automobile)41%
    10-K Item 1: 'Michigan business represents approximately 41% of our total personal automobile net premiums written'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -1.4=NEGATIVEMomentum 6.7>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 47d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
51 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $183.80Resistance $198.62

Price Targets

$186
$195
A.Upside-0.7%
A.R:R-1.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-8.0% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-29 (47d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is THG stock a buy right now?

Hold if already holding. Not a fresh buy at $196.07, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Michigan and Massachusetts (Personal Lines); Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 51, MACD bullish. Maintain position. Not compelling to add more. Target $194.65 (-0.7%), stop $186.36 (−5.2%), A.R:R -1.4:1. Score 6.0/10, moderate confidence.

What is the THG stock price target?

Take-profit target: $194.65 (-0.2% upside). Target $194.65 (-0.7%), stop $186.36 (−5.2%), A.R:R -1.4:1. Stop-loss: $186.36.

What are the risks of investing in THG?

Concentration risk — Geographic: Michigan and Massachusetts (Personal Lines); Analyst target reached - limited upside remaining; Near 52-week high (2.2% away).

Is THG overvalued or undervalued?

Hanover Insurance Group Inc trades at a P/E of 9.9 (forward 10.5). TrendMatrix value score: 8.4/10. Verdict: Hold.

What do analysts say about THG?

13 analysts cover THG with a consensus score of 3.7/5. Average price target: $206.

What does Hanover Insurance Group Inc do?Hanover Insurance Group underwrites P&C insurance via independent agents across Core Commercial (36%), Specialty (23%),...

Hanover Insurance Group underwrites P&C insurance via independent agents across Core Commercial (36%), Specialty (23%), and Personal Lines (41%) segments, generating $6.3B net premiums written in 2025. Michigan and Massachusetts together drive ~50% of Personal Lines premiums; Michigan is 18.7% of total net premiums written and 38.3% of Personal Lines alone.

Related stocks: SLDE (Slide Insurance Holdings, Inc.) · PLMR (Palomar Holdings, Inc.) · ORI (Old Republic International Corp) · STC (Stewart Information Services Co) · SKWD (Skyward Specialty Insurance Gro)
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