Hanover Insurance Group I... (THG)
Hanover Insurance Statistics
Share Statistics
Hanover Insurance has 36.04M shares outstanding. The number of shares has increased by -0.05% in one year.
| Shares Outstanding | 36.04M |
| Shares Change (YoY) | -0.05% |
| Shares Change (QoQ) | -0.3% |
| Owned by Institutions (%) | 88.52% |
| Shares Floating | 35.68M |
| Failed to Deliver (FTD) Shares | 3.27K |
| FTD / Avg. Volume | 1.18% |
Short Selling Information
The latest short interest is 405.64K, so 1.13% of the outstanding shares have been sold short.
| Short Interest | 405.64K |
| Short % of Shares Out | 1.13% |
| Short % of Float | 1.26% |
| Short Ratio (days to cover) | 1.23 |
Valuation Ratios
The PE ratio is 13.03 and the forward PE ratio is 10.29. Hanover Insurance's PEG ratio is 0.01.
| PE Ratio | 13.03 |
| Forward PE | 10.29 |
| PS Ratio | 0.89 |
| Forward PS | 0.8 |
| PB Ratio | 1.95 |
| P/FCF Ratio | 6.97 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Hanover Insurance has an Enterprise Value (EV) of 5.9B.
| EV / Sales | 0.95 |
| EV / EBITDA | 13.87 |
| EV / EBIT | 7.32 |
| EV / FCF | 7.41 |
Financial Position
The company has a current ratio of 2.61, with a Debt / Equity ratio of 0.28.
| Current Ratio | 2.61 |
| Quick Ratio | 2.61 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 1.84 |
| Debt / FCF | 0.98 |
| Interest Coverage | 15.77 |
Financial Efficiency
Return on Equity is 14.99% and Return on Invested Capital is 23.71%.
| Return on Equity | 14.99% |
| Return on Assets | 2.79% |
| Return on Invested Capital | 23.71% |
| Revenue Per Employee | $1.27M |
| Profits Per Employee | $86.94K |
| Employee Count | 4,900 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 112.5M |
| Effective Tax Rate | 20.92% |
Stock Price Statistics
The stock price has increased by 26.36% in the last 52 weeks. The beta is 0.48, so Hanover Insurance's price volatility has been higher than the market average.
| Beta | 0.48 |
| 52-Week Price Change | 26.36% |
| 50-Day Moving Average | 165.19 |
| 200-Day Moving Average | 153.49 |
| Relative Strength Index (RSI) | 54.84 |
| Average Volume (20 Days) | 277.01K |
Income Statement
In the last 12 months, Hanover Insurance had revenue of 6.22B and earned 426M in profits. Earnings per share was 11.85.
| Revenue | 6.22B |
| Gross Profit | 6.24B |
| Operating Income | 537.8M |
| Net Income | 426M |
| EBITDA | 425.3M |
| EBIT | 571.9M |
| Earnings Per Share (EPS) | 11.85 |
Balance Sheet
The company has 435.5M in cash and 784.1M in debt, giving a net cash position of -348.6M.
| Cash & Cash Equivalents | 435.5M |
| Total Debt | 784.1M |
| Net Cash | -348.6M |
| Retained Earnings | 3.21B |
| Total Assets | 15.27B |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was 806.4M and capital expenditures -10.2M, giving a free cash flow of 796.2M.
| Operating Cash Flow | 806.4M |
| Capital Expenditures | -10.2M |
| Free Cash Flow | 796.2M |
| FCF Per Share | 22.18 |
Margins
Gross margin is 100.33%, with operating and profit margins of 8.65% and 6.85%.
| Gross Margin | 100.33% |
| Operating Margin | 8.65% |
| Pretax Margin | 8.65% |
| Profit Margin | 6.85% |
| EBITDA Margin | 6.84% |
| EBIT Margin | 8.65% |
| FCF Margin | 12.81% |
Dividends & Yields
THG pays an annual dividend of $4.35, which amounts to a dividend yield of 2.07%.
| Dividend Per Share | $4.35 |
| Dividend Yield | 2.07% |
| Dividend Growth (YoY) | 5.88% |
| Payout Ratio | 37.21% |
| Earnings Yield | 7.67% |
| FCF Yield | 14.34% |
Analyst Forecast
The average price target for THG is $175, which is 5.6% higher than the current price. The consensus rating is "Hold".
| Price Target | $175 |
| Price Target Difference | 5.6% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 1.11 |
| Piotroski F-Score | 5 |