Horace Mann Educators (NYSE:HMN) Announces Earnings Results

Horace Mann Educators (NYSE:HMN) announced its quarterly earnings data on Wednesday. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate 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

HMN traded up $0.77 during trading on Wednesday, reaching $38.87. The company’s stock had a trading volume of 270,673 shares, compared to its average volume of 160,934. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.09 and a current ratio of 0.09. The company’s fifty day moving average price is $39.40 and its 200-day moving average price is $37.25. Horace Mann Educators has a 52-week low of $31.81 and a 52-week high of $43.26. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 15.49 and a beta of 0.31.

Horace Mann Educators Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors 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 yield of 3.50%. Horace Mann Educators’s dividend payout ratio is currently 54.18%.

Insider Transactions at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 4,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $37.37, for a total transaction of $149,480.00. Following the transaction, the chief executive officer now directly owns 294,324 shares in the company, valued at approximately $10,998,887.88. This represents a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Beverley J. Mcclure sold 2,817 shares of Horace Mann Educators 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 sale, the director now owns 16,352 shares of the company’s stock, valued at approximately $627,262.72. The trade was a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 20,451 shares of company stock valued at $820,099. Corporate insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

HMN has been the topic of several recent analyst reports. Piper Sandler increased their target price on Horace Mann Educators from $36.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Keefe, Bruyette & Woods lowered Horace Mann Educators from an “outperform” rating to a “market perform” rating and raised their target price for the stock from $39.00 to $44.00 in a research report on Tuesday, November 12th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $42.67.

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.