Horace Mann Educators (NYSE:HMN) Sets New 1-Year High – What’s Next?

Horace Mann Educators Corporation (NYSE:HMN)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.54 and last traded at $54.4950, with a volume of 51494 shares changing hands. The stock had previously closed at $53.85.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat, Horace Mann Educators presently has a consensus rating of “Strong Buy” and a consensus target price of $48.00.

Horace Mann Educators Stock Performance

The company has a market cap of $2.20 billion, a P/E ratio of 13.69 and a beta of 0.09. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The business has a fifty day simple moving average of $47.52 and a two-hundred day simple moving average of $45.15.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The business had revenue of $429.30 million during the quarter, compared to the consensus estimate of $319.10 million. During the same period in the previous year, the company posted $1.07 EPS. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Horace Mann Educators’s payout ratio is currently 36.18%.

Insider Buying and Selling

In other news, CEO Marita Zuraitis sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $52.62, for a total value of $394,650.00. Following the transaction, the chief executive officer owned 314,629 shares of the company’s stock, valued at $16,555,777.98. This trade represents a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 30,000 shares of company stock valued at $1,433,868 in the last three months. Corporate insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Horace Mann Educators

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lighthouse Investment Partners LLC increased its stake in shares of Horace Mann Educators by 79.4% in the third quarter. Lighthouse Investment Partners LLC now owns 224,211 shares of the insurance provider’s stock worth $10,128,000 after purchasing an additional 99,210 shares in the last quarter. AlphaQuest LLC boosted its holdings in Horace Mann Educators by 76.1% in the 4th quarter. AlphaQuest LLC now owns 50,247 shares of the insurance provider’s stock worth $2,320,000 after buying an additional 21,721 shares during the period. Teacher Retirement System of Texas boosted its holdings in Horace Mann Educators by 74.4% in the 4th quarter. Teacher Retirement System of Texas now owns 158,107 shares of the insurance provider’s stock worth $7,301,000 after buying an additional 67,436 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in Horace Mann Educators in the 4th quarter worth $2,882,000. Finally, JPMorgan Chase & Co. raised its holdings in Horace Mann Educators by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 120,002 shares of the insurance provider’s stock valued at $5,420,000 after acquiring an additional 34,348 shares during the period. 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.