Horace Mann Educators (NYSE:HMN) Announces Quarterly Earnings Results

Horace Mann Educators (NYSE:HMN) released its quarterly earnings results on Wednesday. The insurance provider reported $1.62 earnings per share for the quarter, topping analysts’ consensus estimates 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 Trading Up 2.0 %

Shares of HMN traded up $0.77 during mid-day trading on Wednesday, hitting $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 1-year low of $31.81 and a 1-year high of $43.26. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42. The business’s 50-day simple moving average is $39.40 and its 200-day simple moving average is $37.25. The stock has a market cap of $1.58 billion, a PE ratio of 15.49 and a beta of 0.31.

Horace Mann Educators Dividend Announcement

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

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, CEO Marita Zuraitis sold 4,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $37.37, for a total transaction of $149,480.00. Following the completion of the sale, the chief executive officer now owns 294,324 shares in the company, valued at approximately $10,998,887.88. The trade was a 1.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Beverley J. Mcclure sold 2,817 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $38.36, for a total transaction of $108,060.12. Following the completion of the transaction, the director now owns 16,352 shares in the company, valued at $627,262.72. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,451 shares of company stock valued at $820,099 over the last quarter. Company insiders own 3.80% of the company’s stock.

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.