Mercury General (MCY) vs Hanover Insurance Group (THG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Mercury General (MCY) has outperformed Hanover Insurance Group (THG) over the past year, gaining 19.5% versus a gain of 17.9%. Over five years, MCY leads with a +85.0% price change compared with +62.0% for THG. On valuation, Mercury General trades at a lower forward P/E (8.4x vs 11.1x for Hanover Insurance Group).
Hanover Insurance Group offers the higher dividend yield (1.72% vs 1.24%). Hanover Insurance Group converts more of its revenue into profit, with a net margin of 10.0% versus 9.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MCY | THG |
|---|---|---|
| Share price | $102.29 | $217.61 |
| Market cap | — | $7.58B |
| 1-day change | -0.69% | -1.10% |
| YTD return | +8.75% | +19.06% |
| 1-year return | +19.50% | +17.95% |
| 5-year return | +84.97% | +61.98% |
| P/E ratio (TTM) | 6.05 | 10.53 |
| Forward P/E | 8.35 | 11.10 |
| EPS (TTM) | $16.92 | $20.66 |
| Dividend yield | 1.24% | 1.72% |
| Annual dividend | $1.27 | $3.75 |
| Revenue (latest FY) | $5.99B | $6.59B |
| Revenue growth (YoY) | +9.44% | +5.72% |
| Net income (latest FY) | $541.09M | $662.50M |
| Gross margin | 99.75% | — |
| Operating margin | — | 14.15% |
| Net margin | 9.03% | 10.05% |
| 52-week high | $113.06 | $236.07 |
| 52-week low | $74.29 | $166.54 |
| Distance from 52-week high | -9.53% | -7.82% |
| Analyst consensus | none | hold |
| Avg. price target upside | +17.31% | +8.91% |
| Average volume | 292.47K | 310.32K |
| Shares outstanding | — | 34.82M |
| Employees | 4,380 | 4,900 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Hanover Insurance Group trades at a higher earnings multiple (10.5x vs 6.0x trailing P/E).
About Mercury General
MCY stock →Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products.
Finance · Property-Casualty Insurers · 4,380 employees
About Hanover Insurance Group
THG stock →The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.
Finance · Property-Casualty Insurers · 4,900 employees
MCY vs THG FAQ
Which stock has performed better over the past year, MCY or THG?
MCY returned +19.50% over the past 12 months, compared with +17.95% for THG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MCY or THG?
MCY has the lower trailing P/E at 6.0, versus 10.5 for THG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Mercury General or Hanover Insurance Group?
Hanover Insurance Group has the higher yield at 1.72%, compared with 1.24% for Mercury General.
Are Mercury General and Hanover Insurance Group in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.