Horace Mann Educators (NYSE:HMN) Announces Earnings Results

Horace Mann Educators (NYSE:HMN) announced its quarterly earnings data on Wednesday. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Stock Up 2.0 %

Shares of NYSE HMN traded up $0.77 during mid-day trading on Wednesday, reaching $38.87. The company had a trading volume of 270,673 shares, compared to its average volume of 160,934. Horace Mann Educators has a 52-week low of $31.81 and a 52-week high of $43.26. The stock has a market cap of $1.58 billion, a P/E ratio of 15.49 and a beta of 0.31. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.42. The firm has a 50 day simple moving average of $39.40 and a two-hundred day simple moving average of $37.25.

Horace Mann Educators Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend was Monday, December 16th. Horace Mann Educators’s payout ratio is 54.18%.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $41.97, for a total value of $167,880.00. Following the completion of the sale, the chief executive officer now owns 300,542 shares in the company, valued at approximately $12,613,747.74. The trade was a 1.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Beverley J. Mcclure sold 5,634 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $42.08, for a total transaction of $237,078.72. Following the transaction, the director now owns 19,057 shares in the company, valued at approximately $801,918.56. This trade represents a 22.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 20,451 shares of company stock worth $820,099 over the last 90 days. Corporate insiders own 3.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Piper Sandler lifted their price target on shares of Horace Mann Educators from $36.00 to $42.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Keefe, Bruyette & Woods cut shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $39.00 to $44.00 in a research report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $42.67.

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.