Hanover Insurance Group Inc (NYSE:THG):
The Hanover Expands TrustedChoice.com Partnership.
The company is down by 0.74% percent from yesterday’s close.
Hanover Insurance Group Inc recently announced a dividend for shareholders that was paid on Fri Sep 29, 2017. The dividend payment was $0.500 per share for the quarter which comes to $2.00 on an annualized basis. This dividend represents a yield of $2.05. The ex-dividend date was set for Thursday the 14th of September 2017.
The Hanover Insurance Group, Inc., launched on January 12, 1995, is a holding company. The Company is involved in providing property and casualty insurance products and services. The Company has four segments: Commercial Lines, Personal Lines, Chaucer and Other. The Company 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)..
Company shares are trading at $97.14 which is marginally over $96.81, the 50 day moving average and which is slightly above the 200 day moving average of $90.97. The 50 day moving average moved up $0.33 and the 200 day average was up $6.17.
The company currently has a P/E ratio of 21.02 and market cap is 4.12B. As of the last earnings report the EPS was $4.62 and is projected to be $3.90 for the current year with 42,382,000 shares outstanding. Next quarter’s EPS is expected be $1.94 and the next full year EPS is projected to be $7.12.
Investors are feeling more bullish on Hanover Insurance Group Inc recently if you consider the fall in short interest. The firm saw a fall in short interest of -7.63% between September 15, 2017 and September 29, 2017. Short interest decreased from 361,929 to 334,315 over that timeframe. The days to cover increased to 2.0 and the percentage of shorted shares was 0.01% on September 29.