Horace Mann Educators (NYSE:HMN) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Horace Mann's stock recently crossed above its 200-day moving average, trading as high as $45.09 and last at about $44.22 on volume of roughly 120,000 shares.
• Analysts hold a consensus Buy rating with an average price target of $47.33, though reports are mixed (including a recent downgrade from Wall Street Zen).
• The company raised its quarterly dividend to $0.36 (annualized $1.44) for a ~3.3% yield, with a dividend payout ratio near 36.9%.

Horace Mann Educators Corporation (NYSE:HMN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $44.31 and traded as high as $45.09. Horace Mann Educators shares last traded at $44.2230, with a volume of 120,364 shares changing hands.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. 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 reissued a "buy (b)" rating on shares of Horace Mann Educators in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Horace Mann Educators presently has a consensus rating of "Buy" and an average target price of $47.33.

Horace Mann Educators Trading Down 1.8%

The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 11.34 and a beta of 0.04. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average of $43.07 and a 200-day moving average of $44.31.

Horace Mann Educators (NYSE:HMN - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The insurance provider reported $1.21 earnings per share (EPS) for the quarter. The firm had revenue of $434.80 million during the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%. As a group, research analysts forecast that Horace Mann Educators Corporation will post 3.87 earnings per share for the current year.

Horace Mann Educators Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Horace Mann Educators's previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 3.3%. Horace Mann Educators's dividend payout ratio (DPR) is currently 36.92%.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 1,081 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the transaction, the director directly owned 14,797 shares of the company's stock, valued at $629,464.38. This represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Victor Fetter bought 3,500 shares of the stock in a transaction on Wednesday, February 25th. The shares were acquired at an average cost of $42.73 per share, for a total transaction of $149,555.00. Following the completion of the transaction, the director directly owned 22,292 shares of the company's stock, valued at approximately $952,537.16. The trade was a 18.62% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 4.00% of the company's stock.

Hedge Funds Weigh In On Horace Mann Educators

Several hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new position in Horace Mann Educators during the fourth quarter worth $914,000. Rockefeller Capital Management L.P. boosted its holdings in Horace Mann Educators by 300.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,607 shares of the insurance provider's stock valued at $74,000 after acquiring an additional 1,206 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Horace Mann Educators by 42.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,930 shares of the insurance provider's stock valued at $320,000 after acquiring an additional 2,072 shares during the period. EP Wealth Advisors LLC bought a new stake in Horace Mann Educators during the fourth quarter valued at about $319,000. Finally, XTX Topco Ltd bought a new stake in Horace Mann Educators during the fourth quarter valued at about $250,000. 99.28% of the stock is owned by institutional investors and hedge funds.

Horace Mann Educators Company Profile

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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