Horace Mann Educators (NYSE:HMN) CEO Marita Zuraitis Sells 7,500 Shares of Stock

Horace Mann Educators Corporation (NYSE:HMN) CEO Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $46.25, for a total value of $346,875.00. Following the sale, the chief executive officer directly owned 307,812 shares in the company, valued at $14,236,305. The trade was a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marita Zuraitis also recently made the following trade(s):

• On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $646.10.
• On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $92.30.
• On Tuesday, May 5th, Marita Zuraitis sold 403 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.02, for a total value of $18,546.06.
• On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $12,278.56.
• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total value of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total value of $346,200.00.

Horace Mann Educators Stock Up 0.6%

Shares of HMN opened at $45.56 on Friday. The company has a market capitalization of $1.84 billion, a P/E ratio of 11.45 and a beta of 0.11. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08. Horace Mann Educators Corporation has a one year low of $40.04 and a one year high of $48.33. The business’s 50 day simple moving average is $45.03 and its 200-day simple moving average is $44.49.

Horace Mann Educators (NYSE:HMN) last announced its earnings results on Friday, May 8th. The insurance provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.10 by $0.18. The business had revenue of $429.30 million for the quarter, compared to the consensus estimate of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.Horace Mann Educators’s revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 EPS. As a group, sell-side analysts predict that Horace Mann Educators Corporation will post 4.49 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, June 15th. Horace Mann Educators’s payout ratio is currently 36.18%.

Analyst Ratings Changes

HMN has been the subject of a number of research analyst reports. 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 raised shares of Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Edgestream Partners L.P. raised its position in shares of Horace Mann Educators by 621.0% during the 1st quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock valued at $6,961,000 after acquiring an additional 140,481 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Horace Mann Educators by 24.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock valued at $51,000 after acquiring an additional 234 shares during the last quarter. Royal Bank of Canada raised its position in shares of Horace Mann Educators by 390.4% during the 1st quarter. Royal Bank of Canada now owns 39,484 shares of the insurance provider’s stock valued at $1,685,000 after acquiring an additional 31,432 shares during the last quarter. Empowered Funds LLC raised its position in shares of Horace Mann Educators by 2.7% during the 1st quarter. Empowered Funds LLC now owns 194,776 shares of the insurance provider’s stock valued at $8,313,000 after acquiring an additional 5,200 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of Horace Mann Educators by 225.2% during the 1st quarter. Quantinno Capital Management LP now owns 73,627 shares of the insurance provider’s stock valued at $3,142,000 after acquiring an additional 50,984 shares during the last quarter. Institutional investors own 99.28% of the company’s stock.

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.