The Hanover Insurance Stock Revenue
| THG Stock | USD 127.21 0.60 0.47% |
The Hanover Insurance fundamentals help investors to digest information that contributes to Hanover Insurance's financial success or failures. It also enables traders to predict the movement of Hanover Stock. The fundamental analysis module provides a way to measure Hanover Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hanover Insurance stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 6 B | 4.3 B |
Hanover | Revenue |
The Hanover Insurance Company Revenue Analysis
Hanover Insurance's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Hanover Insurance Revenue | 5.99 B |
Most of Hanover Insurance's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Hanover Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Hanover
Projected quarterly revenue analysis of Hanover Insurance provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Hanover Insurance match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Hanover Insurance's stock price.
Hanover Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Hanover Insurance is extremely important. It helps to project a fair market value of Hanover Stock properly, considering its historical fundamentals such as Revenue. Since Hanover Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hanover Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hanover Insurance's interrelated accounts and indicators.
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Hanover Revenue Historical Pattern
Today, most investors in Hanover Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanover Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hanover Insurance revenue as a starting point in their analysis.
Hanover Insurance Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Hanover Total Revenue
Total Revenue |
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Based on the latest financial disclosure, The Hanover Insurance reported 5.99 B of revenue. This is 46.53% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The revenue for all United States stocks is 36.47% higher than that of the company.
Hanover Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanover Insurance's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hanover Insurance could also be used in its relative valuation, which is a method of valuing Hanover Insurance by comparing valuation metrics of similar companies.Hanover Insurance is currently under evaluation in revenue category among related companies.
Hanover Insurance Institutional Holders
Institutional Holdings refers to the ownership stake in Hanover Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hanover Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hanover Insurance's value.| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 760.8 K | Ameriprise Financial Inc | 2023-12-31 | 711.8 K | Macquarie Group Ltd | 2023-12-31 | 615.5 K | Alliancebernstein L.p. | 2023-12-31 | 602.5 K | Geode Capital Management, Llc | 2023-12-31 | 591.5 K | Principal Financial Group Inc | 2023-12-31 | 557.8 K | First Trust Advisors L.p. | 2023-12-31 | 548.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 485.9 K | London Company Of Virginia | 2023-12-31 | 419.4 K | Vanguard Group Inc | 2023-12-31 | 3.6 M | Blackrock Inc | 2023-12-31 | 3.3 M |
Hanover Fundamentals
| Return On Equity | 0.014 | |||
| Return On Asset | 0.0033 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 5.09 B | |||
| Shares Outstanding | 35.93 M | |||
| Shares Owned By Insiders | 0.87 % | |||
| Shares Owned By Institutions | 87.61 % | |||
| Number Of Shares Shorted | 360.09 K | |||
| Price To Earning | 18.15 X | |||
| Price To Book | 1.87 X | |||
| Price To Sales | 0.77 X | |||
| Revenue | 5.99 B | |||
| Gross Profit | 752 M | |||
| EBITDA | 1.8 M | |||
| Net Income | 33.5 M | |||
| Cash And Equivalents | 305 M | |||
| Cash Per Share | 4.63 X | |||
| Total Debt | 783.2 M | |||
| Debt To Equity | 0.34 % | |||
| Current Ratio | 0.36 X | |||
| Book Value Per Share | 68.87 X | |||
| Cash Flow From Operations | 361.7 M | |||
| Short Ratio | 2.06 X | |||
| Earnings Per Share | 0.93 X | |||
| Price To Earnings To Growth | (23.25) X | |||
| Target Price | 149.71 | |||
| Number Of Employees | 4.8 K | |||
| Beta | 0.67 | |||
| Market Capitalization | 4.64 B | |||
| Total Asset | 12.69 B | |||
| Retained Earnings | 2.91 B | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 2.05 % | |||
| Net Asset | 12.69 B | |||
| Last Dividend Paid | 3.28 |
About Hanover Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Hanover Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Hanover Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:Check out Hanover Insurance Piotroski F Score and Hanover Insurance Altman Z Score analysis. Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Hanover Stock analysis
When running Hanover Insurance's price analysis, check to measure Hanover Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Hanover Insurance's industry 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 16.105 | Dividend Share 3.28 | Earnings Share 0.93 | Revenue Per Share 167.885 | Quarterly Revenue Growth 0.034 |
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.