Analysts Set Horace Mann Educators Corporation (NYSE:HMN) Target Price at $46.75

Horace Mann Educators Corporation (NYSE:HMN) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $46.75.

HMN has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a report on Friday, October 31st. Wall Street Zen upgraded shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st.

Insider Activity

In other news, Director Henry Wade Reece sold 1,316 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $45.27, for a total value of $59,575.32. Following the completion of the transaction, the director directly owned 39,001 shares in the company, valued at approximately $1,765,575.27. The trade was a 3.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Marita Zuraitis sold 5,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $45.35, for a total transaction of $226,750.00. Following the completion of the transaction, the chief executive officer directly owned 283,788 shares of the company’s stock, valued at approximately $12,869,785.80. The trade was a 1.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,398 shares of company stock valued at $921,348 in the last ninety days. Corporate insiders own 4.00% of the company’s stock.

Institutional Trading of Horace Mann Educators

Several hedge funds and other institutional investors have recently modified their holdings of HMN. KLP Kapitalforvaltning AS raised its position in Horace Mann Educators by 52.5% during the second quarter. KLP Kapitalforvaltning AS now owns 24,100 shares of the insurance provider’s stock worth $1,036,000 after acquiring an additional 8,300 shares during the period. First Citizens Bank & Trust Co. purchased a new stake in shares of Horace Mann Educators during the second quarter worth about $514,000. Nuveen LLC acquired a new position in shares of Horace Mann Educators during the 1st quarter worth about $5,089,000. Exchange Traded Concepts LLC lifted its stake in Horace Mann Educators by 1.9% in the 2nd quarter. Exchange Traded Concepts LLC now owns 19,532 shares of the insurance provider’s stock valued at $839,000 after buying an additional 372 shares in the last quarter. Finally, Prudential Financial Inc. lifted its stake in Horace Mann Educators by 76.7% in the 2nd quarter. Prudential Financial Inc. now owns 74,802 shares of the insurance provider’s stock valued at $3,214,000 after buying an additional 32,464 shares in the last quarter. Institutional investors own 99.28% of the company’s stock.

Horace Mann Educators Stock Down 0.5%

HMN stock opened at $46.51 on Thursday. Horace Mann Educators has a 12-month low of $36.20 and a 12-month high of $48.33. The company has a 50 day moving average of $45.46 and a two-hundred day moving average of $44.39. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 11.77 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings data on Monday, April 3rd. The insurance provider reported $1.18 earnings per share (EPS) for the quarter. The business had revenue of $330.60 million during the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. On average, equities analysts anticipate that Horace Mann Educators will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, December 15th. Horace Mann Educators’s dividend payout ratio is currently 35.44%.

About Horace Mann Educators

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.