Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.85 per share on the issued and outstanding common stock of the company, payable December 29, 2023, to shareholders of record at the close of business on December 15, 2023.
In this article, we will take a look at 14 best short-term stocks to invest in. To skip our analysis of the recent market activity, you can go directly to see the 5 Best Short-Term Stocks to Invest In. Momentum investing is a key strategy used for short term investments, typically grouped in with other […]
The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty. In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB).
The Hanover Insurance Group, Inc. (NYSE:THG) Q3 2023 Earnings Call Transcript November 4, 2023 Operator: Good day, and welcome to the Hanover Insurance Group’s Third Quarter Earnings Conference Call. My name is David, and I will be your operator for today’s call. [Operator Instructions] Please note this event is being recorded. I would now like […]
Net Premiums Written Increase by 6.0% and Net Investment Income Up by 15.3%
The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $8.6 million, or $0.24 per diluted share, in the third quarter of 2023, compared to net income of $0.5 million, or $0.01 per diluted share, in the prior-year quarter. Operating income(4) was $6.8 million, or $0.19 per diluted share, in the third quarter of 2023, compared to operating income of $35.7 million, or $0.99 per diluted share, in the prior-year quarter.
The Hanover Insurance Group, Inc. (NYSE: THG), a leading provider of insurance for individuals, families and businesses, today released its 2023 Cyber Resiliency Report which highlights a lack of preparedness by businesses for cyber-related attacks.
Key Insights Significantly high institutional ownership implies Hanover Insurance Group's stock price is sensitive to...
The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for third quarter 2023 catastrophe losses of $195.8 million, before taxes, or 13.7 points of net earned premium. The losses resulted from multiple convective storms across the Midwestern United States. Hail and wind damage represented the majority of reported losses, which primarily impacted the company's Personal Lines business.
Hanover Insurance (THG) stands to gain from growth in the Core Commercial and Specialty segments, stable retention, better pricing, strong market presence and solid capital position.