Horace Mann Educators (HMN) Scheduled to Post Earnings on Monday

Horace Mann Educators (NYSE:HMN - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.83 per share for the quarter. Horace Mann Educators has set its FY24 guidance at $2.40-2.70 EPS.Investors that wish to register for the company's conference call can do so using this link.

Horace Mann Educators (NYSE:HMN - Get Free Report) last announced its earnings results on Wednesday, August 7th. The insurance provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The company had revenue of $388.10 million during the quarter, compared to analyst estimates of $288.67 million. Horace Mann Educators had a net margin of 5.24% and a return on equity of 7.44%. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.03 earnings per share. On average, analysts expect Horace Mann Educators to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Horace Mann Educators Stock Performance

Shares of Horace Mann Educators stock traded up $0.25 on Monday, hitting $37.38. 235,567 shares of the company's stock were exchanged, compared to its average volume of 239,551. Horace Mann Educators has a 1 year low of $31.05 and a 1 year high of $39.25. The company has a 50-day simple moving average of $35.24 and a 200-day simple moving average of $34.66. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a market capitalization of $1.52 billion, a PE ratio of 19.07 and a beta of 0.28.

Horace Mann Educators Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.64%. The ex-dividend date was Monday, September 16th. Horace Mann Educators's dividend payout ratio is presently 69.39%.

Insider Buying and Selling at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 42,117 shares of the business's stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $37.06, for a total value of $1,560,856.02. Following the sale, the chief executive officer now directly owns 294,402 shares in the company, valued at approximately $10,910,538.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on HMN shares. Piper Sandler lifted their price objective on Horace Mann Educators from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods decreased their price objective on shares of Horace Mann Educators from $40.00 to $39.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 13th. Finally, Raymond James started coverage on Horace Mann Educators in a report on Tuesday, August 6th. They set a "strong-buy" rating and a $42.00 price target on the stock. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Horace Mann Educators currently has an average rating of "Moderate Buy" and an average price target of $39.00.

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.