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Hanover Insurance Group Stock

Hanover Insurance Group Market capitalization 2024

Hanover Insurance Group Market capitalization

5.38 B USD

Ticker

THG

ISIN

US4108671052

WKN

A0ESNN

In 2024, Hanover Insurance Group's market cap stood at 5.38 B USD, a 25.46% increase from the 4.29 B USD market cap in the previous year.

The Hanover Insurance Group Market capitalization history

YEARMarket Capitalization (undefined USD)
20234.35
20225.06
20214.7
20204.09
20195.1
20184.82
20173.88
20163.58
20153.41
20142.8
20132.29
20121.72
20111.82
20102.06
20091.95
20082.2
20072.4
20062.46
20052
20041.73

Hanover Insurance Group Aktienanalyse

What does Hanover Insurance Group do?

Hanover Insurance Group Inc is an American company that operates in the insurance and financial services sector. Founded in 1852 in the city of Hanover, New Hampshire, the company has become one of the largest insurance providers in the US and is listed on the New York Stock Exchange. The company's business model combines traditional insurance solutions with modern technologies to provide customers with an optimal customer experience. They offer insurance in various sectors such as automotive, home, life, and leisure industries. Through their wide coverage in different sectors, Hanover Insurance Group Inc is able to offer a variety of products tailored to the specific needs of their customers. They have also developed innovative solutions, such as the Hanover Digital Advantage program, which allows customers to easily and quickly submit insurance applications. The company's digital platform provides various tools and resources to help customers manage their insurance and process claims quickly and easily. They also offer specialized insurance products for small and medium-sized businesses, including cyber security insurance, unemployment insurance, and business content insurance. These insurance options help businesses safeguard against a variety of risks and ensure they remain financially protected in case of damages. Additionally, Hanover Insurance Group Inc places a strong emphasis on building close relationships with their customers, offering personalized advice and support to ensure they receive the best insurance solutions. The company takes pride in its excellent customer service skills and has received multiple awards for it. Furthermore, Hanover Insurance Group Inc has successfully expanded internationally through the establishment of its subsidiary, Hanover Insurance International Holdings Ltd, which offers insurance products in Europe, Asia, and Latin America. In summary, Hanover Insurance Group Inc is a leading American insurance provider offering a wide range of insurance solutions for individuals and businesses. Their innovative business model, combining traditional expertise with modern technologies and personalized advice, has established them as one of the leading providers in the US market. Hanover Insurance Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Hanover Insurance Group's Market Capitalization

Hanover Insurance Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Hanover Insurance Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Hanover Insurance Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Hanover Insurance Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Hanover Insurance Group stock

What is the current Hanover Insurance Group market capitalization?

The current market capitalization of Hanover Insurance Group is 5.38 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Hanover Insurance Group.

How has the market capitalization of Hanover Insurance Group developed in recent years?

The market capitalization of Hanover Insurance Group has increased/decreased by 25.46% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Hanover Insurance Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Hanover Insurance Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Hanover Insurance Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Hanover Insurance Group pay?

Over the past 12 months, Hanover Insurance Group paid a dividend of 3.28 USD . This corresponds to a dividend yield of about 2.2 %. For the coming 12 months, Hanover Insurance Group is expected to pay a dividend of 3.33 USD.

What is the dividend yield of Hanover Insurance Group?

The current dividend yield of Hanover Insurance Group is 2.2 %.

When does Hanover Insurance Group pay dividends?

Hanover Insurance Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Hanover Insurance Group?

Hanover Insurance Group paid dividends every year for the past 22 years.

What is the dividend of Hanover Insurance Group?

For the upcoming 12 months, dividends amounting to 3.33 USD are expected. This corresponds to a dividend yield of 2.24 %.

In which sector is Hanover Insurance Group located?

Hanover Insurance Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hanover Insurance Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hanover Insurance Group from 9/27/2024 amounting to 0.85 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Hanover Insurance Group pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Hanover Insurance Group in the year 2023?

In the year 2023, Hanover Insurance Group distributed 3.06 USD as dividends.

In which currency does Hanover Insurance Group pay out the dividend?

The dividends of Hanover Insurance Group are distributed in USD.

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Andere Kennzahlen von Hanover Insurance Group

Our stock analysis for Hanover Insurance Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hanover Insurance Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.