Hanover Insurance Stock Fair Value Calculator – First Republic Investment Management Increases Stake in The Hanover Insurance Group,
February 10, 2023
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Hanover Insurance Stock Fair Value Calculator – The Hanover Insurance ($NYSE:THG) Group is a Massachusetts-based insurance company and a leading provider of property and casualty products and services, including business, homeowners, auto, and workers’ compensation coverage to small and mid-sized businesses in the United States. The company also provides high net worth individuals with private client services.
Overall, The Hanover Insurance Group is an attractive option for investors seeking to diversify their portfolios with a reliable and well-established company. The stock has a long track record of success and is well-positioned to capitalize on growth opportunities in the future.
Share Price
On Thursday, The Hanover Insurance Group, Inc. (HANOVER INSURANCE) stock opened at $146.1 and closed at $141.4, down by 2.6% from its prior closing price of 145.2. HANOVER INSURANCE is based out of Worcester, Massachusetts and offers a variety of personal and commercial insurance coverage solutions. The company deals with property & casualty insurance such as homeowners, automobile, and business coverage as well as specialty lines of insurance such as professional liability and workers’ compensation.
HANOVER INSURANCE also provides reinsurance services worldwide and has recently expanded its operations to the UK. With its strong portfolio of insurance services and presence in the international market, HANOVER INSURANCE is sure to be a profitable investment in the long run. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hanover Insurance. More…
| Total Revenues | Net Income | Net Margin |
| 5.47k | 116 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hanover Insurance. More…
| Operations | Investing | Financing |
| 752.1 | -460.2 | -253.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hanover Insurance. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14k | 11.67k | 64.49 |
Key Ratios Snapshot
Some of the financial key ratios for Hanover Insurance are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | – | 3.3% |
| FCF Margin | ROE | ROA |
| 13.5% | 4.8% | 0.8% |
Analysis – Hanover Insurance Stock Fair Value Calculator
GoodWhale recently conducted an analysis of Hanover Insurance‘s fundamentals, which revealed a fair value of approximately $136.7 per share. This fair value is based on the company’s proprietary Valuation Line, which takes into account several factors such as price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, dividend yield, and other metrics. At the time of writing, Hanover Insurance shares are trading at $141.4, a 3.5% overvaluation from the fair price. The current share price is likely a result of investor sentiment and speculation in the market, rather than any fundamental changes in the company. Given the expected return on the stock is lower than its intrinsic value, investors may want to wait for a pullback in the price before investing. It is also important to note that the fair value of Hanover Insurance stock is subject to change, as the market environment evolves and new information emerges. More…
Peers
The Hanover Insurance Group Inc competes with Global Indemnity Group LLC, Mercury General Corp, American Financial Group Inc, in the insurance market. The company’s main competitors areGlobal Indemnity Group LLC, Mercury General Corp, and American Financial Group Inc.
– Global Indemnity Group LLC ($NYSE:GBLI)
Global Indemnity Group LLC is a provider of insurance products and services. The company offers a range of insurance products, including property and casualty, professional liability, and surety. Global Indemnity Group LLC has a market cap of 307.69M as of 2022, a Return on Equity of -0.24%. The company was founded in 2001 and is headquartered in Wilmington, Delaware.
– Mercury General Corp ($NYSE:MCY)
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company was founded in 1961 and is based in Los Angeles, California. Mercury General Corporation operates as a subsidiary of KGI Insurance Agency, Inc.
– American Financial Group Inc ($NYSE:AFG)
American Financial Group Inc. is a holding company that engages in the property and casualty insurance businesses. The company has a market cap of $10.85 billion and a return on equity of 19.27%. American Financial Group’s main subsidiaries are Great American Insurance Company and National Interstate Corporation. Great American Insurance Company is a property and casualty insurer that specializes in writing excess and surplus lines insurance, while National Interstate Corporation is a specialty property and casualty insurance company.
Summary
Recent analysis by First Republic Investment Management Inc. indicated a strong interest in The Hanover Insurance Group, Inc. (HANOVER INSURANCE). Analysts have pointed to the company’s strong performance in recent years, along with its diverse portfolio of products and services, as key drivers of its success. HANOVER INSURANCE has also been praised for its commitment to innovation and technological advancement.
With a strong focus on customer service, the company is well-positioned to take advantage of future opportunities and remain a leader in the insurance industry. Overall, investors are encouraged to take a closer look at HANOVER INSURANCE for a potential long-term return on their investments.
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