Hanover Insurance: Initiating A Buy Following Strong Q1 Results

Blue Chip Portfolios
1.84K Followers

Summary

  • The Hanover Insurance Group delivered better than expected Q1 earnings driven, by an improved combined ratio and an increase in investment income.
  • The company is poised to deliver solid earnings growth over the next year driven by solid growth in net premiums and net investment income.
  • The company is relatively immune to the impacts from tariffs.
  • Shares trade at a reasonable valuation relative to the broader market and peers.
  • I rate THG stock a Buy.

Hanover Insurance Group headquarters in Worcester, MA, USA

JHVEPhoto/iStock Editorial via Getty Images

The Hanover Insurance Group (THG) is a company that traces its roots back to 1852. That is something not many companies can say, and speaks to the durability of Hanover's business. For this reason, I believe

This article was written by

1.84K Followers
Blue Chip Portfolios is an investment publication company focused on delivering investing insights on single stocks, ETFs, and CEFs. Blue Chip Portfolios is also the publisher of the Blue Chip Portfolio's Newsletter on Beehiiv

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About THG Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on THG

Related Stocks

SymbolLast Price% Chg
THG
--