Horace Mann Educators Corporation (NYSE:HMN – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $44.58 and traded as high as $45.74. Horace Mann Educators shares last traded at $45.2390, with a volume of 171,306 shares changing hands.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research report on Friday, October 31st. Wall Street Zen raised shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Sunday, December 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.75.
Read Our Latest Analysis on HMN
Horace Mann Educators Price Performance
Horace Mann Educators (NYSE:HMN – Get Free Report) last posted its quarterly earnings results on Monday, April 3rd. The insurance provider reported $1.18 EPS for the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The company had revenue of $330.60 million during the quarter. As a group, sell-side analysts forecast that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.
Horace Mann Educators Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.35 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.40 dividend on an annualized basis and a yield of 3.1%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 35.44%.
Insiders Place Their Bets
In other news, Director Beverley J. Mcclure sold 1,082 shares of the stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $45.40, for a total value of $49,122.80. Following the transaction, the director owned 16,733 shares in the company, valued at approximately $759,678.20. This represents a 6.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Henry Wade Reece sold 1,316 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $45.27, for a total value of $59,575.32. Following the sale, the director directly owned 39,001 shares in the company, valued at $1,765,575.27. This trade represents a 3.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 15,398 shares of company stock valued at $697,298. 4.00% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd purchased a new stake in Horace Mann Educators in the third quarter valued at $29,000. Smartleaf Asset Management LLC grew its holdings in shares of Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 627 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Horace Mann Educators in the 2nd quarter valued at about $47,000. Finally, Blue Trust Inc. boosted its position in shares of Horace Mann Educators by 33.0% in the 3rd 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. 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.
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