Horace Mann Educators (NYSE:HMN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Horace Mann Educators (NYSE:HMN) from a hold rating to a buy rating in a research report released on Sunday morning.

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $46.75.

Horace Mann Educators Price Performance

HMN stock opened at $46.61 on Friday. The firm has a market cap of $1.90 billion, a P/E ratio of 11.80 and a beta of 0.08. The firm’s fifty day moving average is $45.31 and its 200 day moving average is $44.31. Horace Mann Educators has a 52 week low of $36.20 and a 52 week high of $48.33. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.10 and a current ratio of 0.10.

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

Horace Mann Educators Dividend Announcement

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

Insider Transactions at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 5,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $45.35, for a total transaction of $226,750.00. Following the completion of the sale, the chief executive officer directly owned 283,788 shares in the company, valued at $12,869,785.80. The trade was a 1.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Mark R. Desrochers sold 3,000 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $47.00, for a total value of $141,000.00. Following the completion of the transaction, the senior vice president directly owned 20,556 shares in the company, valued at approximately $966,132. This represents a 12.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 20,398 shares of company stock valued at $921,348. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Horace Mann Educators

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Horace Mann Educators by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock worth $226,199,000 after acquiring an additional 78,079 shares in the last quarter. American Century Companies Inc. raised its stake in Horace Mann Educators by 13.3% during the third quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock valued at $37,463,000 after purchasing an additional 97,366 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Horace Mann Educators by 1.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 744,369 shares of the insurance provider’s stock valued at $33,623,000 after purchasing an additional 11,411 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Horace Mann Educators by 51.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock worth $29,971,000 after buying an additional 225,800 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Horace Mann Educators by 32.0% in the 3rd quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock worth $29,164,000 after buying an additional 156,652 shares during the last quarter. 99.28% of the stock is owned by hedge funds and other institutional investors.

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.