Short Interest in Horace Mann Educators Corporation (NYSE:HMN) Expands By 14.8%

Horace Mann Educators Corporation (NYSE:HMN) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 670,519 shares, an increase of 14.8% from the February 12th total of 584,084 shares. Approximately 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 228,233 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily trading volume, of 228,233 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.7% of the company’s shares are sold short.

Horace Mann Educators Stock Down 0.7%

Shares of HMN traded down $0.31 during mid-day trading on Tuesday, hitting $42.15. 94,488 shares of the company traded hands, compared to its average volume of 250,945. The company has a market capitalization of $1.70 billion, a PE ratio of 10.83 and a beta of 0.07. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average of $43.30 and a 200 day moving average of $44.74. Horace Mann Educators has a 1-year low of $38.76 and a 1-year high of $48.33.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. The firm had revenue of $434.80 million for the quarter. Equities research analysts anticipate that Horace Mann Educators will post 3.87 EPS for the current year.

Horace Mann Educators Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.4%. This is a boost from Horace Mann Educators’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Tuesday, March 17th. Horace Mann Educators’s dividend payout ratio is 35.90%.

Insider Transactions at Horace Mann Educators

In other news, Director Victor Fetter acquired 3,500 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of $42.73 per share, with a total value of $149,555.00. Following the completion of the purchase, the director directly owned 22,292 shares of the company’s stock, valued at $952,537.16. This represents a 18.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Horace Mann Educators

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Captrust Financial Advisors raised its position in shares of Horace Mann Educators by 3.6% in the second quarter. Captrust Financial Advisors now owns 6,504 shares of the insurance provider’s stock worth $279,000 after acquiring an additional 229 shares during the period. Smartleaf Asset Management LLC lifted its stake in Horace Mann Educators by 49.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares in the last quarter. State of Alaska Department of Revenue lifted its position in Horace Mann Educators by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 22,535 shares of the insurance provider’s stock worth $1,040,000 after buying an additional 238 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Horace Mann Educators by 33.0% in the third quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock valued at $54,000 after purchasing an additional 298 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of Horace Mann Educators by 36.6% in the 3rd quarter. Versant Capital Management Inc now owns 1,307 shares of the insurance provider’s stock valued at $59,000 after buying an additional 350 shares during the period. 99.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Horace Mann Educators has an average rating of “Buy” and an average target price of $47.33.

Horace Mann Educators Company Profile

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.