Horace Mann Educators (NYSE:HMN) Posts Quarterly Earnings Results, Beats Expectations By $0.58 EPS

Horace Mann Educators (NYSE:HMN) issued its earnings results on Wednesday. The insurance provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.58, Zacks reports. Horace Mann Educators had a net margin of 6.55% and a return on equity of 8.14%. Horace Mann Educators updated its FY 2025 guidance to 3.600-3.900 EPS.

Horace Mann Educators Price Performance

Shares of NYSE:HMN traded up $0.77 during midday trading on Wednesday, hitting $38.87. 270,673 shares of the stock were exchanged, compared to its average volume of 160,934. The stock has a market cap of $1.58 billion, a P/E ratio of 15.49 and a beta of 0.31. Horace Mann Educators has a twelve month low of $31.81 and a twelve month high of $43.26. The company has a 50 day moving average price of $39.40 and a 200-day moving average price of $37.25. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.42.

Horace Mann Educators Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend was Monday, December 16th. Horace Mann Educators’s dividend payout ratio (DPR) is 54.18%.

Analysts Set New Price Targets

HMN has been the topic of a number of analyst reports. Piper Sandler lifted their price objective 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 downgraded Horace Mann Educators from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $39.00 to $44.00 in a research note on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $42.67.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 4,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $39.40, for a total transaction of $157,600.00. Following the completion of the transaction, the chief executive officer now owns 298,324 shares of the company’s stock, valued at approximately $11,753,965.60. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Beverley J. Mcclure sold 5,634 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $42.08, for a total value of $237,078.72. Following the completion of the transaction, the director now directly owns 19,057 shares of the company’s stock, valued at approximately $801,918.56. This trade represents a 22.82 % 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 worth $820,099. 3.80% of the stock is owned by corporate insiders.

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.