Horace Mann Educators (NYSE:HMN) Issues 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 Stock Performance

NYSE HMN traded down $0.09 on Friday, hitting $40.73. 91,040 shares of the company’s stock were exchanged, compared to its average volume of 165,165. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.09 and a quick ratio of 0.09. The firm’s 50-day moving average price is $39.32 and its two-hundred day moving average price is $37.28. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 16.23 and a beta of 0.31. Horace Mann Educators has a fifty-two week low of $31.81 and a fifty-two week high of $43.26.

Horace Mann Educators Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.34 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.36 dividend on an annualized basis and a yield of 3.34%. Horace Mann Educators’s payout ratio is currently 54.18%.

Analyst Upgrades and Downgrades

HMN has been the subject of several research reports. Keefe, Bruyette & Woods downgraded Horace Mann Educators from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $39.00 to $44.00 in a research report on Tuesday, November 12th. JMP Securities reaffirmed a “market perform” rating on shares of Horace Mann Educators in a report on Friday. Finally, Piper Sandler lifted their target price on Horace Mann Educators from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Friday. 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $43.33.

Insider Activity at Horace Mann Educators

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

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.