Shares of Horace Mann Educators Corporation (NYSE:HMN - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $47.98 and traded as high as $48.86. Horace Mann Educators shares last traded at $48.20, with a volume of 237,671 shares changing hands.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Raymond James Financial restated a "strong-buy" rating and set a $59.00 price target on shares of Horace Mann Educators in a research report on Thursday, August 13th. Zacks Research upgraded Horace Mann Educators from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. Finally, Weiss Ratings reissued a "buy (a-)" rating on shares of Horace Mann Educators in a research note on Friday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Strong Buy" and an average target price of $59.00.
View Our Latest Analysis on HMN
Horace Mann Educators Trading Down 0.4%
The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a market capitalization of $1.95 billion, a P/E ratio of 11.26 and a beta of 0.08. The stock has a 50-day moving average price of $51.16 and a two-hundred day moving average price of $47.98.
Horace Mann Educators (NYSE:HMN - Get Free Report) last announced its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.38. The company had revenue of $443.50 million during the quarter, compared to the consensus estimate of $321.70 million. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The firm's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, research analysts forecast that Horace Mann Educators Corporation will post 4.78 EPS for the current fiscal year.
Horace Mann Educators Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Horace Mann Educators's dividend payout ratio (DPR) is currently 33.64%.
Insider Activity
In related news, General Counsel Donald M. Carley sold 2,054 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $52.28, for a total value of $107,383.12. Following the completion of the transaction, the general counsel directly owned 28,760 shares of the company's stock, valued at $1,503,572.80. This represents a 6.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Marita Zuraitis sold 7,500 shares of the firm's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $50.99, for a total transaction of $382,425.00. Following the completion of the sale, the chief executive officer owned 299,629 shares of the company's stock, valued at $15,278,082.71. This trade represents a 2.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 27,791 shares of company stock valued at $1,443,719. Corporate insiders own 3.60% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $47,000. Nykredit A S purchased a new stake in Horace Mann Educators in the second quarter worth $43,000. Corient Private Wealth LP raised its holdings in Horace Mann Educators by 0.5% in the second quarter. Corient Private Wealth LP now owns 45,691 shares of the insurance provider's stock worth $2,360,000 after purchasing an additional 226 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Horace Mann Educators in the second quarter worth $387,000. Finally, B. Metzler seel. Sohn & Co. AG purchased a new position in Horace Mann Educators during the second quarter valued at $1,705,000. Institutional investors own 99.28% of the company's stock.
Horace Mann Educators Company Profile
(
Get Free Report)
Horace Mann Educators Corporation NYSE: HMN is an insurance and financial services company focused on serving educators and other employees of public schools. Founded in 1945 by educators in Springfield, Illinois, the company has built its business around the insurance and financial needs of the education community.
Through its operating subsidiaries, Horace Mann provides personal lines insurance products, including automobile and homeowners insurance, as well as life insurance and supplemental insurance.
Further Reading
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