Horace Mann Educators (NYSE:HMN) Announces Quarterly Earnings Results

Horace Mann Educators (NYSE:HMN) released its earnings results on Wednesday. The insurance provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.58, Zacks reports. Horace Mann Educators had a return on equity of 8.14% and a net margin of 6.55%. Horace Mann Educators updated its FY 2025 guidance to 3.600-3.900 EPS.

Horace Mann Educators Price Performance

Shares of HMN stock traded up $1.67 on Thursday, reaching $40.50. The company’s stock had a trading volume of 83,763 shares, compared to its average volume of 157,325. Horace Mann Educators has a 12-month low of $31.81 and a 12-month high of $43.26. The stock’s 50 day simple moving average is $39.34 and its 200-day simple moving average is $37.26. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $1.65 billion, a P/E ratio of 16.05 and a beta of 0.31.

Horace Mann Educators Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.34 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.36%. Horace Mann Educators’s payout ratio is currently 54.18%.

Analysts Set New Price Targets

Several equities analysts have weighed in on HMN shares. Keefe, Bruyette & Woods lowered Horace Mann Educators from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $39.00 to $44.00 in a report on Tuesday, November 12th. Piper Sandler boosted their price target on shares of Horace Mann Educators from $36.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $42.67.

Insiders Place Their Bets

In other news, CEO Marita Zuraitis sold 4,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $37.37, for a total transaction of $149,480.00. Following the completion of the sale, the chief executive officer now owns 294,324 shares of the company’s stock, valued at approximately $10,998,887.88. This represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Beverley J. Mcclure sold 2,817 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $38.36, for a total value of $108,060.12. Following the transaction, the director now directly owns 16,352 shares in the company, valued at $627,262.72. This trade represents a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,451 shares of company stock worth $820,099 in the last ninety days. 3.80% of the stock is currently owned by insiders.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters.