Horace Mann Educators (NYSE:HMN) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Horace Mann Educators (NYSE:HMN) posted its earnings results on Tuesday. The insurance provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.03, Zacks reports. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%.

Horace Mann Educators Price Performance

Shares of HMN traded down $0.03 during trading hours on Tuesday, hitting $44.85. 258,139 shares of the company were exchanged, compared to its average volume of 236,915. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58. Horace Mann Educators has a fifty-two week low of $37.82 and a fifty-two week high of $48.33. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 11.35 and a beta of 0.07. The firm’s fifty day moving average is $44.92 and its 200 day moving average is $44.80.

Horace Mann Educators Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Monday, December 15th. Horace Mann Educators’s dividend payout ratio is presently 35.44%.

Insider Activity

In related news, CEO Marita Zuraitis sold 5,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $45.35, for a total transaction of $226,750.00. Following the completion of the sale, the chief executive officer directly owned 283,788 shares in the company, valued at $12,869,785.80. This represents a 1.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Beverley J. Mcclure sold 1,082 shares of Horace Mann Educators stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $45.40, for a total value of $49,122.80. Following the completion of the transaction, the director owned 16,733 shares in the company, valued at approximately $759,678.20. This represents a 6.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,398 shares of company stock valued at $476,448 in the last three months. Company insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Caxton Associates LLP bought a new stake in Horace Mann Educators during the 3rd quarter worth $820,000. Qube Research & Technologies Ltd raised its holdings in Horace Mann Educators by 156.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 110,417 shares of the insurance provider’s stock valued at $4,988,000 after buying an additional 67,408 shares during the last quarter. Mariner LLC grew its holdings in Horace Mann Educators by 8.6% during the 3rd quarter. Mariner LLC now owns 16,641 shares of the insurance provider’s stock worth $752,000 after acquiring an additional 1,316 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in Horace Mann Educators in the 3rd quarter valued at approximately $219,000. Finally, Millennium Management LLC raised its stake in shares of Horace Mann Educators by 310.0% during the third quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock valued at $12,427,000 after acquiring an additional 208,014 shares during the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HMN shares. Weiss Ratings restated a “buy (b)” rating on shares of Horace Mann Educators in a report on Wednesday, January 28th. Wall Street Zen upgraded Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Horace Mann Educators currently has an average rating of “Moderate Buy” and an average price target of $46.75.

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.