Horace Mann Educators (NYSE:HMN – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.500-4.700 for the period, compared to the consensus EPS estimate of 4.420. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on HMN. Wall Street Zen lowered Horace Mann Educators from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 2nd. BMO Capital Markets set a $48.00 price target on Horace Mann Educators and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.75.
View Our Latest Stock Analysis on Horace Mann Educators
Horace Mann Educators Stock Up 2.0%
Horace Mann Educators (NYSE:HMN – Get Free Report) last issued its earnings results on Monday, April 3rd. The insurance provider reported $1.18 earnings per share for the quarter. Horace Mann Educators had a return on equity of 14.23% and a net margin of 8.49%.The business had revenue of $330.60 million for the quarter. Analysts forecast that Horace Mann Educators will post 3.87 earnings per share for the current fiscal year.
Horace Mann Educators Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.1%. Horace Mann Educators’s payout ratio is presently 41.42%.
Insiders Place Their Bets
In other news, CEO Marita Zuraitis sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $44.81, for a total transaction of $224,050.00. Following the transaction, the chief executive officer directly owned 293,788 shares of the company’s stock, valued at $13,164,640.28. This represents a 1.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Donald M. Carley sold 3,500 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $45.94, for a total transaction of $160,790.00. Following the transaction, the general counsel owned 22,092 shares in the company, valued at $1,014,906.48. The trade was a 13.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 13,500 shares of company stock valued at $613,640. 4.00% of the stock is owned by insiders.
Institutional Investors Weigh In On Horace Mann Educators
A number of large investors have recently bought and sold shares of HMN. Royal Bank of Canada boosted its stake in shares of Horace Mann Educators by 36.2% during the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after acquiring an additional 2,194 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock worth $1,045,000 after acquiring an additional 1,064 shares during the period. Caxton Associates LLP purchased a new stake in Horace Mann Educators in the 1st quarter worth approximately $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Horace Mann Educators by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock worth $5,930,000 after acquiring an additional 7,542 shares during the period. Finally, Jane Street Group LLC grew its stake in Horace Mann Educators by 313.8% in the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock worth $3,916,000 after acquiring an additional 69,492 shares during the period. Institutional investors and hedge funds own 99.28% of the company’s stock.
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.
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