Hanover Insurance Group Stock

Hanover Insurance Group ROE 2024

Hanover Insurance Group ROE

0.01

Ticker

THG

ISIN

US4108671052

WKN

A0ESNN

In 2024, Hanover Insurance Group's return on equity (ROE) was 0.01, a -71.2% increase from the 0.05 ROE in the previous year.

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.

ROE Details

Decoding Hanover Insurance Group's Return on Equity (ROE)

Hanover Insurance Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Hanover Insurance Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Hanover Insurance Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Hanover Insurance Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Hanover Insurance Group stock

What is the ROE (Return on Equity) of Hanover Insurance Group this year?

The ROE of Hanover Insurance Group this year is 0.01 undefined.

How has the Return on Equity (ROE) of Hanover Insurance Group developed compared to the previous year?

The ROE of Hanover Insurance Group has increased by -71.2% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Hanover Insurance Group?

A high ROE indicates that Hanover Insurance Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Hanover Insurance Group?

A low ROE can indicate that Hanover Insurance Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Hanover Insurance Group affect the company?

A change in ROE (Return on Equity) of Hanover Insurance Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Hanover Insurance Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Hanover Insurance Group?

Some factors that can influence Hanover Insurance Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 2.25 %. 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 2.25 %.

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 2.28 %.

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.