Horace Mann Educators (NYSE:HMN – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.400-2.700 for the period, compared to the consensus estimate of 3.050. The company issued revenue guidance of -. Horace Mann Educators also updated its FY24 guidance to $2.40-2.70 EPS.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Piper Sandler decreased their price target on shares of Horace Mann Educators from $37.00 to $35.00 and set a neutral rating for the company in a research report on Friday, June 28th. Keefe, Bruyette & Woods decreased their price target on shares of Horace Mann Educators from $42.00 to $40.00 and set an outperform rating for the company in a research report on Friday. StockNews.com downgraded shares of Horace Mann Educators from a buy rating to a hold rating in a research report on Tuesday, April 16th. Finally, JMP Securities reissued a market perform rating on shares of Horace Mann Educators in a research report on Tuesday, June 18th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of $37.50.
Check Out Our Latest Stock Analysis on Horace Mann Educators
Horace Mann Educators Stock Performance
Horace Mann Educators (NYSE:HMN – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The insurance provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.17). The business had revenue of $386.00 million during the quarter, compared to analyst estimates of $398.35 million. Horace Mann Educators had a return on equity of 6.95% and a net margin of 4.26%. Sell-side analysts predict that Horace Mann Educators will post 2.95 EPS for the current fiscal year.
Horace Mann Educators Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Thursday, June 13th. Horace Mann Educators’s payout ratio is 87.18%.
About Horace Mann Educators
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.
Featured Stories
- Five stocks we like better than Horace Mann Educators
- How to Calculate Stock Profit
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Canadian Penny Stocks: Can They Make You Rich?
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- How Investors Can Find the Best Cheap Dividend Stocks
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.