Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) CEO Marita Zuraitis sold 2,083 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $46.26, for a total value of $96,359.58. Following the completion of the transaction, the chief executive officer owned 298,651 shares in the company, valued at $13,815,595.26. This represents a 0.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marita Zuraitis also recently made the following trade(s):
- On Friday, October 16th, Marita Zuraitis sold 4,767 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.23, for a total value of $220,378.41.
- On Thursday, October 8th, Marita Zuraitis sold 550 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.01, for a total transaction of $25,305.50.
- On Tuesday, October 6th, Marita Zuraitis sold 100 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.00, for a total value of $4,600.00.
- On Tuesday, September 1st, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $50.99, for a total value of $382,425.00.
- On Monday, August 3rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $52.03, for a total transaction of $390,225.00.
Horace Mann Educators Stock Performance
Horace Mann Educators stock traded up $0.00 on Monday, reaching $46.33. 213,632 shares of the stock were exchanged, compared to its average volume of 263,079. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a twelve month low of $41.29 and a twelve month high of $55.56. The firm has a fifty day moving average price of $48.74 and a two-hundred day moving average price of $48.41. The stock has a market cap of $1.88 billion, a PE ratio of 10.82 and a beta of 0.08.
Horace Mann Educators (NYSE:HMN – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The insurance provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.38. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%. The company had revenue of $443.50 million during the quarter, compared to analysts’ expectations of $321.70 million. During the same period in the prior year, the business earned $1.06 earnings per share. Horace Mann Educators’s revenue for the quarter was up 7.7% compared to the same quarter last year. Sell-side analysts anticipate that Horace Mann Educators Corporation will post 4.78 EPS for the current year.
Horace Mann Educators Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Wednesday, September 16th. Horace Mann Educators’s payout ratio is 33.64%.
Institutional Investors Weigh In On Horace Mann Educators
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LP boosted its position in Horace Mann Educators by 0.5% during the second quarter. Corient Private Wealth LP now owns 45,691 shares of the insurance provider’s stock valued at $2,360,000 after purchasing an additional 226 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Horace Mann Educators by 24.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock valued at $51,000 after purchasing an additional 234 shares during the period. GAMMA Investing LLC lifted its position in Horace Mann Educators by 5.7% during the third quarter. GAMMA Investing LLC now owns 6,314 shares of the insurance provider’s stock worth $282,000 after acquiring an additional 341 shares during the last quarter. R Squared Ltd boosted its stake in Horace Mann Educators by 11.8% in the 1st quarter. R Squared Ltd now owns 5,640 shares of the insurance provider’s stock valued at $241,000 after purchasing an additional 594 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Horace Mann Educators in the second quarter valued at about $33,000. 99.28% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have issued reports on HMN shares. Raymond James Financial reissued a “strong-buy” rating and set a $59.00 price objective on shares of Horace Mann Educators in a report on Thursday, August 13th. Wall Street Zen raised Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Monday, October 12th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Horace Mann Educators in a research report on Friday, September 11th. Finally, Zacks Research downgraded shares of Horace Mann Educators from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Two analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $59.00.
Read Our Latest Research Report on HMN
Horace Mann Educators Company Profile
Horace Mann Educators Corporation (NYSE: HMN) is an insurance and financial services company focused on serving educators and other employees of public schools. Through its subsidiaries and affiliated agencies, the company provides insurance products and retirement solutions designed to address the needs of the education community.
Its offerings include automobile and homeowners insurance, life insurance, annuities, and other supplemental insurance products. Horace Mann also provides retirement products and services intended to help educators plan for long-term financial needs.
Featured Articles
- Five stocks we like better than Horace Mann Educators
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.
