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

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, topping 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

Shares of HMN traded down $0.09 during trading hours on Friday, reaching $40.73. 91,040 shares of the company traded hands, compared to its average volume of 165,165. The stock has a market capitalization of $1.66 billion, a P/E ratio of 16.23 and a beta of 0.31. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average price of $39.32 and a 200-day moving average price of $37.28. Horace Mann Educators has a 12-month low of $31.81 and a 12-month high of $43.26.

Horace Mann Educators Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.34 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.34%. Horace Mann Educators’s dividend payout ratio is currently 54.18%.

Insiders Place Their Bets

In other news, CEO Marita Zuraitis sold 4,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $41.97, for a total transaction of $167,880.00. Following the sale, the chief executive officer now directly owns 300,542 shares in the company, valued at $12,613,747.74. This trade represents a 1.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Beverley J. Mcclure sold 5,634 shares of the stock in a transaction that occurred 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 transaction, the director now owns 19,057 shares in the company, valued at $801,918.56. This represents a 22.82 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,451 shares of company stock valued at $820,099. 3.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

HMN has been the topic of a number of recent research reports. Piper Sandler increased their price objective on shares of Horace Mann Educators from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Friday. JMP Securities reiterated a “market perform” rating on shares of Horace Mann Educators in a report on Friday. Finally, Keefe, Bruyette & Woods cut shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and raised their price target for the company from $39.00 to $44.00 in a report on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $43.33.

Horace Mann Educators Company Profile

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.