Media stories about The Hanover Insurance Group (NYSE:THG) have been trending positive on Saturday, AlphaOne reports. The research group, a service of Accern, rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Hanover Insurance Group earned a media sentiment score of 0.46 on AlphaOne’s scale. AlphaOne also gave news stories about the insurance provider an impact score of 58 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Alpha One Sentiment Analysis’s rankings:
- (THG) is up at $88.04 The Hanover Enters the Pennsylvania… (highlightpress.com)
- The Hanover Enters the Pennsylvania Personal Lines Insurance Market (finance.yahoo.com)
- ETFs with exposure to The Hanover Insurance Group, Inc. : June 12, 2017 (finance.yahoo.com)
- The Hanover Insurance Group, Inc. (THG) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Hanover Insurance Group Inc (THG) Raised to Sell at BidaskClub (americanbankingnews.com)
Shares of The Hanover Insurance Group (NYSE:THG) traded up 0.08% on Friday, hitting $88.60. The stock had a trading volume of 314,519 shares. The firm has a 50 day moving average of $84.62 and a 200-day moving average of $87.68. The Hanover Insurance Group has a 1-year low of $74.06 and a 1-year high of $92.78. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 31.25 and a beta of 1.11.
The Hanover Insurance Group (NYSE:THG) last posted its earnings results on Wednesday, May 3rd. The insurance provider reported $0.95 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.73 by $0.78. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.22 billion. The Hanover Insurance Group had a return on equity of 5.20% and a net margin of 2.45%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.64 earnings per share. Equities analysts predict that The Hanover Insurance Group will post $6.05 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 9th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.26%. The Hanover Insurance Group’s payout ratio is presently 70.42%.
A number of equities research analysts have commented on the company. BidaskClub upgraded The Hanover Insurance Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Keefe, Bruyette & Woods raised The Hanover Insurance Group from an “underperform” rating to a “market perform” rating and set a $81.00 price objective on the stock in a research note on Wednesday, May 17th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded The Hanover Insurance Group from a “buy” rating to a “hold” rating in a research note on Tuesday, April 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The Hanover Insurance Group has an average rating of “Hold” and a consensus price target of $91.20.
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About The 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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