Hanover Insurance Net Worth
Hanover Insurance Net Worth Breakdown | THG |
Hanover Insurance Net Worth Analysis
Hanover Insurance's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Hanover Insurance's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Hanover Insurance's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Hanover Insurance's net worth analysis. One common approach is to calculate Hanover Insurance's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Hanover Insurance's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Hanover Insurance's net worth. This approach calculates the present value of Hanover Insurance's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Hanover Insurance's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Hanover Insurance's net worth. This involves comparing Hanover Insurance's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Hanover Insurance's net worth relative to its peers.
Enterprise Value |
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To determine if Hanover Insurance is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hanover Insurance's net worth research are outlined below:
| The Hanover Insurance has 784.1 M in debt with debt to equity (D/E) ratio of 0.34, which is OK given its current industry classification. Hanover Insurance has a current ratio of 0.35, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Hanover to invest in growth at high rates of return. | |
| Over 90.0% of Hanover Insurance shares are owned by institutional investors | |
| Latest headline from news.google.com: The Hanover Insurance Group, Inc. Stock Holdings Lessened by AlphaQuest LLC - MarketBeat |
Hanover Insurance Quarterly Good Will |
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Hanover Insurance uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in The Hanover Insurance. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hanover Insurance's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Hanover Insurance Target Price Consensus
Hanover target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hanover Insurance's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most Hanover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hanover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hanover Insurance, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHanover Insurance Target Price Projection
Hanover Insurance's current and average target prices are 170.05 and 176.29, respectively. The current price of Hanover Insurance is the price at which The Hanover Insurance is currently trading. On the other hand, Hanover Insurance's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Hanover Insurance Market Quote on 22nd of March 2025
Target Price
Analyst Consensus On Hanover Insurance Target Price
Know Hanover Insurance's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hanover Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Hanover Insurance backward and forwards among themselves. Hanover Insurance's institutional investor refers to the entity that pools money to purchase Hanover Insurance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Victory Capital Management Inc. | 2024-12-31 | 780.6 K | Ameriprise Financial Inc | 2024-12-31 | 662.8 K | Geode Capital Management, Llc | 2024-12-31 | 651.4 K | Fuller & Thaler Asset Management Inc | 2024-12-31 | 625.5 K | International Assets Investment Management, Llc | 2024-09-30 | 552.5 K | Macquarie Group Ltd | 2024-12-31 | 488.4 K | London Company Of Virginia | 2024-12-31 | 469.6 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 452.9 K | Norges Bank | 2024-12-31 | 439.2 K | Vanguard Group Inc | 2024-12-31 | 3.6 M | Blackrock Inc | 2024-12-31 | 3.4 M |
Follow Hanover Insurance's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.14 B.Market Cap |
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Project Hanover Insurance's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.03 | 0.04 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.15 | 0.16 |
When accessing Hanover Insurance's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Hanover Insurance's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hanover Insurance's profitability and make more informed investment decisions.
Evaluate Hanover Insurance's management efficiency
Hanover Insurance has Return on Asset of 0.0239 % which means that on every $100 spent on assets, it made $0.0239 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1603 %, implying that it generated $0.1603 on every 100 dollars invested. Hanover Insurance's management efficiency ratios could be used to measure how well Hanover Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The Hanover Insurance's current Return On Tangible Assets is estimated to increase to 0.03. The Hanover Insurance's current Return On Capital Employed is estimated to increase to 0.04. At this time, Hanover Insurance's Other Current Assets are most likely to decrease significantly in the upcoming years. The Hanover Insurance's current Net Tangible Assets is estimated to increase to about 2.9 B, while Non Current Assets Total are projected to decrease to roughly 335.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 79.16 | 45.32 | |
| Tangible Book Value Per Share | 74.18 | 42.96 | |
| Enterprise Value Over EBITDA | 13.87 | 13.09 | |
| Price Book Value Ratio | 1.95 | 2.05 | |
| Enterprise Value Multiple | 13.87 | 13.09 | |
| Price Fair Value | 1.95 | 2.05 | |
| Enterprise Value | 5.3 B | 5.6 B |
Examining the leadership quality of The Hanover Insurance offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Enterprise Value Revenue 1.0445 | Revenue | Quarterly Revenue Growth 0.036 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hanover Insurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hanover Insurance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hanover Insurance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hanover Insurance Corporate Filings
F4 | 4th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 25th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 24th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
| 11th of February 2025 Other Reports | ViewVerify |
Hanover Insurance Earnings Estimation Breakdown
The calculation of Hanover Insurance's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Hanover Insurance is estimated to be 3.6683 with the future projection ranging from a low of 3.01 to a high of 4.13. Please be aware that this consensus of annual earnings estimates for The Hanover Insurance is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
3.01 Lowest | Expected EPS | 4.13 Highest |
Hanover Insurance Earnings Projection Consensus
Suppose the current estimates of Hanover Insurance's value are higher than the current market price of the Hanover Insurance stock. In this case, investors may conclude that Hanover Insurance is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Hanover Insurance's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 7 | 82.79% | 5.32 | 3.6683 | 11.67 |
Hanover Insurance Earnings per Share Projection vs Actual
Actual Earning per Share of Hanover Insurance refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering The Hanover Insurance predict the company's earnings will be in the future. The higher the earnings per share of Hanover Insurance, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Hanover Insurance Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Hanover Insurance, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Hanover Insurance should always be considered in relation to other companies to make a more educated investment decision.Hanover Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Hanover Insurance's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-29 | 2024-12-31 | 3.4 | 5.32 | 1.92 | 56 | ||
2024-10-30 | 2024-09-30 | 2.53 | 3.05 | 0.52 | 20 | ||
2024-07-31 | 2024-06-30 | 1.85 | 1.88 | 0.03 | 1 | ||
2024-05-01 | 2024-03-31 | 2.71 | 3.08 | 0.37 | 13 | ||
2024-01-31 | 2023-12-31 | 2.73 | 3.13 | 0.4 | 14 | ||
2023-11-01 | 2023-09-30 | 0.19 | 0.19 | 0.0 | 0 | ||
2023-08-02 | 2023-06-30 | -0.92 | -1.91 | -0.99 | 107 | ||
2023-05-02 | 2023-03-31 | 0.4 | 0.13 | -0.27 | 67 | ||
2023-02-01 | 2022-12-31 | -1.05 | -1.05 | 0.0 | 0 | ||
2022-11-01 | 2022-09-30 | 0.98 | 0.99 | 0.01 | 1 | ||
2022-08-02 | 2022-06-30 | 2.16 | 2.32 | 0.16 | 7 | ||
2022-05-03 | 2022-03-31 | 3.06 | 3.26 | 0.2 | 6 | ||
2022-02-02 | 2021-12-31 | 2.46 | 3.38 | 0.92 | 37 | ||
2021-10-27 | 2021-09-30 | 0.92 | 0.85 | -0.07 | 7 | ||
2021-07-27 | 2021-06-30 | 2.38 | 2.85 | 0.47 | 19 | ||
2021-04-29 | 2021-03-31 | 0.92 | 1.66 | 0.74 | 80 | ||
2021-02-03 | 2020-12-31 | 2.33 | 3.02 | 0.69 | 29 | ||
2020-10-27 | 2020-09-30 | 2.18 | 2.46 | 0.28 | 12 | ||
2020-07-28 | 2020-06-30 | 1.13 | 1.63 | 0.5 | 44 | ||
2020-04-28 | 2020-03-31 | 2.03 | 2.23 | 0.2 | 9 | ||
2020-02-04 | 2019-12-31 | 1.95 | 2.01 | 0.06 | 3 | ||
2019-10-30 | 2019-09-30 | 2.09 | 2.31 | 0.22 | 10 | ||
2019-07-31 | 2019-06-30 | 1.82 | 1.88 | 0.06 | 3 | ||
2019-05-01 | 2019-03-31 | 1.74 | 1.96 | 0.22 | 12 | ||
2019-01-30 | 2018-12-31 | 1.47 | 1.51 | 0.04 | 2 | ||
2018-10-31 | 2018-09-30 | 1.85 | 1.87 | 0.02 | 1 | ||
2018-08-01 | 2018-06-30 | 2.06 | 2.2 | 0.14 | 6 | ||
2018-05-02 | 2018-03-31 | 1.71 | 1.95 | 0.24 | 14 | ||
2018-01-31 | 2017-12-31 | 1.86 | 2.0 | 0.14 | 7 | ||
2017-11-01 | 2017-09-30 | -0.69 | 0.11 | 0.8 | 115 | ||
2017-08-02 | 2017-06-30 | 1.62 | 1.69 | 0.07 | 4 | ||
2017-05-03 | 2017-03-31 | 1.73 | 0.95 | -0.78 | 45 | ||
2017-02-02 | 2016-12-31 | 0.71 | -0.46 | -1.17 | 164 | ||
2016-11-03 | 2016-09-30 | 1.59 | 1.83 | 0.24 | 15 | ||
2016-07-28 | 2016-06-30 | 1.22 | 1.24 | 0.02 | 1 | ||
2016-05-04 | 2016-03-31 | 1.59 | 1.64 | 0.05 | 3 | ||
2016-02-04 | 2015-12-31 | 1.6 | 1.82 | 0.22 | 13 | ||
2015-10-28 | 2015-09-30 | 1.44 | 1.61 | 0.17 | 11 | ||
2015-07-29 | 2015-06-30 | 1.41 | 1.56 | 0.15 | 10 | ||
2015-04-30 | 2015-03-31 | 1.1 | 1.27 | 0.17 | 15 | ||
2015-02-04 | 2014-12-31 | 1.52 | 1.77 | 0.25 | 16 | ||
2014-10-29 | 2014-09-30 | 0.96 | 1.06 | 0.1 | 10 | ||
2014-07-31 | 2014-06-30 | 1.19 | 1.3 | 0.11 | 9 | ||
2014-04-29 | 2014-03-31 | 0.96 | 1.05 | 0.09 | 9 | ||
2014-02-05 | 2013-12-31 | 1.11 | 1.33 | 0.22 | 19 | ||
2013-10-30 | 2013-09-30 | 1.02 | 1.36 | 0.34 | 33 | ||
2013-07-31 | 2013-06-30 | 0.69 | 1.05 | 0.36 | 52 | ||
2013-04-29 | 2013-03-31 | 1.07 | 1.32 | 0.25 | 23 | ||
2013-02-06 | 2012-12-31 | -1.77 | -1.65 | 0.12 | 6 | ||
2012-10-31 | 2012-09-30 | 0.67 | 0.72 | 0.05 | 7 | ||
2012-08-01 | 2012-06-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2012-04-30 | 2012-03-31 | 0.98 | 1.01 | 0.03 | 3 | ||
2012-02-08 | 2011-12-31 | 0.8 | 1.0 | 0.2 | 25 | ||
2011-11-02 | 2011-09-30 | -0.45 | -0.41 | 0.04 | 8 | ||
2011-08-08 | 2011-06-30 | -0.8 | -0.84 | -0.04 | 5 | ||
2011-05-02 | 2011-03-31 | 0.5 | 0.53 | 0.03 | 6 | ||
2011-02-09 | 2010-12-31 | 1 | 0.95 | -0.05 | 5 | ||
2010-11-03 | 2010-09-30 | 0.93 | 0.98 | 0.05 | 5 | ||
2010-08-04 | 2010-06-30 | 0.04 | 0.04 | 0.0 | 0 | ||
2010-05-06 | 2010-03-31 | 0.52 | 0.66 | 0.14 | 26 | ||
2010-02-03 | 2009-12-31 | 0.99 | 0.83 | -0.16 | 16 | ||
2009-11-02 | 2009-09-30 | 0.99 | 0.89 | -0.1 | 10 | ||
2009-07-30 | 2009-06-30 | 1.03 | 0.86 | -0.17 | 16 | ||
2009-05-07 | 2009-03-31 | 0.44 | 0.51 | 0.07 | 15 | ||
2009-02-05 | 2008-12-31 | 1.14 | 1.16 | 0.02 | 1 | ||
2008-10-30 | 2008-09-30 | 0.07 | 0.07 | 0.0 | 0 | ||
2008-07-31 | 2008-06-30 | 0.97 | 1.07 | 0.1 | 10 | ||
2008-04-28 | 2008-03-31 | 1.03 | 1.09 | 0.06 | 5 | ||
2008-01-28 | 2007-12-31 | 1.12 | 1.17 | 0.05 | 4 | ||
2007-10-29 | 2007-09-30 | 1 | 1.01 | 0.01 | 1 | ||
2007-07-30 | 2007-06-30 | 1.06 | 1.13 | 0.07 | 6 | ||
2007-04-30 | 2007-03-31 | 1.05 | 1.16 | 0.11 | 10 | ||
2007-01-29 | 2006-12-31 | 1.06 | 1.17 | 0.11 | 10 | ||
2006-10-30 | 2006-09-30 | 0.38 | 0.56 | 0.18 | 47 | ||
2006-07-31 | 2006-06-30 | 1.14 | 1.0 | -0.14 | 12 | ||
2006-05-01 | 2006-03-31 | 0.91 | 1.05 | 0.14 | 15 | ||
2006-01-30 | 2005-12-31 | 0.82 | 1.42 | 0.6 | 73 | ||
2005-10-25 | 2005-09-30 | -2.23 | -2.04 | 0.19 | 8 | ||
2005-07-26 | 2005-06-30 | 0.85 | 1.07 | 0.22 | 25 | ||
2005-04-28 | 2005-03-31 | 0.77 | 0.86 | 0.09 | 11 | ||
2005-01-31 | 2004-12-31 | 0.72 | 1.1 | 0.38 | 52 | ||
2004-10-25 | 2004-09-30 | -0.22 | 0.37 | 0.59 | 268 | ||
2004-07-26 | 2004-06-30 | 0.58 | 0.54 | -0.04 | 6 | ||
2004-04-26 | 2004-03-31 | 0.52 | 0.62 | 0.1 | 19 | ||
2004-01-29 | 2003-12-31 | 0.28 | 0.57 | 0.29 | 103 | ||
2003-10-27 | 2003-09-30 | 0.43 | 0.5 | 0.07 | 16 | ||
2003-07-28 | 2003-06-30 | 0.03 | 0.35 | 0.32 | 1066 | ||
2003-04-28 | 2003-03-31 | 0.38 | 0.45 | 0.07 | 18 | ||
2003-02-03 | 2002-12-31 | 0.28 | 0.42 | 0.14 | 50 | ||
2002-10-29 | 2002-09-30 | -0.19 | -5.96 | -5.77 | 3036 | ||
2002-07-30 | 2002-06-30 | 0.76 | -0.52 | -1.28 | 168 | ||
2002-04-29 | 2002-03-31 | 0.77 | 0.85 | 0.08 | 10 | ||
2002-02-04 | 2001-12-31 | 0.62 | 0.64 | 0.02 | 3 | ||
2001-10-29 | 2001-09-30 | 0.47 | 0.65 | 0.18 | 38 | ||
2001-07-30 | 2001-06-30 | 1.12 | 1.11 | -0.01 | 0 | ||
2001-04-30 | 2001-03-31 | 0.8 | 0.7 | -0.1 | 12 | ||
2001-02-05 | 2000-12-31 | 1.5 | 1.5 | 0.0 | 0 | ||
2000-10-26 | 2000-09-30 | 1.47 | 1.48 | 0.01 | 0 | ||
2000-07-27 | 2000-06-30 | 1.36 | 1.37 | 0.01 | 0 | ||
2000-04-27 | 2000-03-31 | 1.23 | 1.22 | -0.01 | 0 | ||
2000-02-03 | 1999-12-31 | 1.28 | 1.48 | 0.2 | 15 | ||
1999-10-28 | 1999-09-30 | 1.2 | 1.39 | 0.19 | 15 | ||
1999-07-29 | 1999-06-30 | 1.14 | 1.32 | 0.18 | 15 | ||
1999-04-29 | 1999-03-31 | 0.91 | 0.95 | 0.04 | 4 | ||
1999-02-04 | 1998-12-31 | 0.99 | 1.13 | 0.14 | 14 | ||
1998-10-29 | 1998-09-30 | 0.85 | 0.72 | -0.13 | 15 | ||
1998-07-30 | 1998-06-30 | 0.79 | 0.92 | 0.13 | 16 | ||
1998-04-30 | 1998-03-31 | 0.84 | 0.84 | 0.0 | 0 | ||
1998-02-05 | 1997-12-31 | 0.89 | 0.93 | 0.04 | 4 | ||
1997-10-30 | 1997-09-30 | 0.86 | 0.9 | 0.04 | 4 | ||
1997-07-31 | 1997-06-30 | 0.79 | 0.79 | 0.0 | 0 | ||
1997-04-30 | 1997-03-31 | 0.71 | 0.66 | -0.05 | 7 | ||
1997-02-05 | 1996-12-31 | 0.73 | 0.76 | 0.03 | 4 | ||
1996-11-04 | 1996-09-30 | 0.75 | 0.85 | 0.1 | 13 | ||
1996-08-01 | 1996-06-30 | 0.65 | 0.66 | 0.01 | 1 | ||
1996-05-03 | 1996-03-31 | 0.5 | 0.53 | 0.03 | 6 | ||
1996-02-06 | 1995-12-31 | 0.55 | 0.6 | 0.05 | 9 |
Hanover Insurance Corporate Directors
| Martin Hughes | Independent Director | Profile | |
| Harriett Taggart | Independent Director | Profile | |
| Theodore Bunting | Independent Director | Profile | |
| Wendell Knox | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.535 | Dividend Share 3.45 | Earnings Share 11.67 | Revenue Per Share | Quarterly Revenue Growth 0.036 |
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.