Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) declared a quarterly dividend on Monday, August 31st. Investors of record on Wednesday, September 16th will be given a dividend of 0.36 per share by the insurance provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 16th.
Horace Mann Educators has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 17 years. Horace Mann Educators has a payout ratio of 32.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Horace Mann Educators to earn $5.25 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 27.4%.
Horace Mann Educators Price Performance
Shares of Horace Mann Educators stock opened at $50.94 on Tuesday. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The firm has a market cap of $2.06 billion, a PE ratio of 11.90 and a beta of 0.08. The company’s fifty day simple moving average is $51.96 and its two-hundred day simple moving average is $47.27. Horace Mann Educators has a 12-month low of $41.29 and a 12-month high of $55.56.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Zacks Research upgraded Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Weiss Ratings upgraded Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $59.00 price objective on shares of Horace Mann Educators in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Horace Mann Educators currently has a consensus rating of “Strong Buy” and a consensus price target of $59.00.
Read Our Latest Stock Analysis on HMN
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.
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