Of note is the ratio of Hanover Insurance Group Inc's sales and general administrative expense to its total operating expenses; 88.08% of US stocks have a lower such ratio.
The volatility of Hanover Insurance Group Inc's share price is greater than that of merely 14.28% US stocks with at least 200 days of trading history.
Hanover Insurance Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 7.8%, greater than the shareholder yield of 80.11% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Hanover Insurance Group Inc, a group of peers worth examining would be FLS, CENT, VRTU, B, and VMI.
THG's SEC filings can be seen here. And to visit Hanover Insurance Group Inc's official web site, go to www.hanover.com.
The Hanover Insurance Group, Inc. provides various property and casualty insurance products and services in the United States and internationally. It operates through four segments: Commercial Lines, Personal Lines, Chaucer, and Other. The company was founded in 1852 and is based in Worcester, Massachusetts.
THG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Hanover Insurance Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Hanover Insurance Group Inc ranked in the 62th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 53% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Hanover Insurance Group Inc, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 10.71 -- which is good for besting 70.72% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
Hanover Insurance Group Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 23.78% of tickers in our DCF set.
THG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than only 23.78% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as THG, try AAME, OCN, WLTW, FHI, and PRI.
Target Corp. has agreed to sell its online beauty and skin care business unit Dermstore to British e-commerce company THG Holdings for $350 million in cash. THG Holdings expects to receive antitrust clearance for the deal from US regulators in January 2021. Target (TGT) had acquired Dermstore in 2013 to expand its beauty business. Dermstore offers beauty products and cosmetics subscription services through an online platform. The online personal care retailer sells nearly 350 different brands in its product lineup. THG Holdings (THG) commented, “THG will be able to increase the scale of its beauty box business by accessing the Dermstore.
Hanover Insurance Gr (NYSE:THG) declared a dividend payable on December 30, 2020 to its shareholders as of December 3, 2020. It was also announced that shareholders of Hanover Insurance Gr's stock as of December 18, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Hanover Insurance Gr will be on December 17, 2020. The company's current dividend payout is at $0.7. That equates to a dividend yield of 2.44% at current price levels.The Significance Of Ex-Dividend Dates Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one busines...