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

Horace Mann Educators (NYSE:HMN - Get Free Report) released its earnings results on Wednesday. The insurance provider reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.58, Zacks reports. Horace Mann Educators had a net margin of 6.44% and a return on equity of 10.58%. Horace Mann Educators updated its FY 2025 guidance to 3.600-3.900 EPS.

Horace Mann Educators Stock Up 0.8 %

Shares of HMN traded up $0.32 on Friday, hitting $41.14. 411,491 shares of the stock traded hands, compared to its average volume of 161,875. The company has a market capitalization of $1.68 billion, a PE ratio of 16.59 and a beta of 0.31. Horace Mann Educators has a one year low of $31.81 and a one year high of $43.26. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.09 and a current ratio of 0.10. The business has a 50 day simple moving average of $39.31 and a 200 day simple moving average of $37.35.

Horace Mann Educators Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date was Monday, December 16th. Horace Mann Educators's payout ratio is 54.84%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Horace Mann Educators

In related news, Director Beverley J. Mcclure sold 5,634 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $42.08, for a total value of $237,078.72. Following the sale, the director now owns 19,057 shares in the company, valued at approximately $801,918.56. This trade represents a 22.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Marita Zuraitis sold 4,000 shares of Horace Mann Educators stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $37.37, for a total transaction of $149,480.00. Following the completion of the sale, the chief executive officer now directly owns 294,324 shares of the company's stock, valued at approximately $10,998,887.88. This trade represents a 1.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,451 shares of company stock worth $820,099. Insiders own 3.80% of the company's stock.

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.