Horace Mann Educators (HMN) Stock Price, News & Analysis

Company Overview

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. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; and internal revenue code for educator, which allows public school employees and employees of other tax-exempt organizations, such as not-for-profit private schools, to utilize pretax income to make periodic contributions to a qualified retirement plan. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverage. The company was founded in 1945 and is headquartered in Springfield, Illinois.

Key Stats

• Today's Range: $40.14 to $40.58
• 50-Day Range: $33.66 to $42.61
• 52-Week Range: $31.81 to $43.26
• Volume: 122,555 shs
• Average Volume: 243,440 shs
• Market Capitalization: $1.65 billion
• P/E Ratio: 16.09
• Dividend Yield: 3.37%
• Price Target: $42.67
• Consensus Rating: Moderate Buy

Horace Mann Educators Stock Analysis - MarketRank™

Horace Mann Educators scored higher than 74% of companies evaluated by MarketBeat, and ranked 387th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Horace Mann Educators has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Horace Mann Educators has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 43.30%

Earnings Growth

Earnings for Horace Mann Educators are expected to grow by 43.30% in the coming year, from $2.61 to $3.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Horace Mann Educators is 16.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Horace Mann Educators is 16.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.30.

Price to Book Value per Share Ratio

Horace Mann Educators has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.88% of the float of Horace Mann Educators has been sold short.

Short Interest Ratio / Days to Cover

Horace Mann Educators has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Horace Mann Educators has recently increased by 2.85%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Horace Mann Educators pays a meaningful dividend of 3.29%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Horace Mann Educators has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of Horace Mann Educators is 54.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Horace Mann Educators will have a dividend payout ratio of 36.36% next year. This indicates that Horace Mann Educators will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.88% of the float of Horace Mann Educators has been sold short.

Short Interest Ratio / Days to Cover

Horace Mann Educators has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Horace Mann Educators has recently increased by 2.85%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.35

News Sentiment

Horace Mann Educators has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Horace Mann Educators this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for HMN on MarketBeat in the last 30 days.

MarketBeat Follows

60 people have added Horace Mann Educators to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Horace Mann Educators insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,946,895.00 in company stock.

Percentage Held by Insiders

Only 3.80% of the stock of Horace Mann Educators is held by insiders.

Percentage Held by Institutions

99.28% of the stock of Horace Mann Educators is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HMN Stock Analysis - Frequently Asked Questions

How have HMN shares performed this year?

Horace Mann Educators' stock was trading at $32.70 at the beginning of 2024. Since then, HMN stock has increased by 23.5% and is now trading at $40.38.
View the best growth stocks for 2024 here.

How were Horace Mann Educators' earnings last quarter?

Horace Mann Educators Co. (NYSE:HMN) released its quarterly earnings results on Monday, November, 4th. The insurance provider reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.04. Horace Mann Educators's quarterly revenue was up 8.8% compared to the same quarter last year.

Who are Horace Mann Educators' major shareholders?

Top institutional investors of Horace Mann Educators include State Street Corp (4.01%), Hotchkis & Wiley Capital Management LLC (2.41%), Geode Capital Management LLC (2.34%) and Charles Schwab Investment Management Inc. (1.37%). Insiders that own company stock include Marita Zuraitis, Bret A Conklin, Matthew P Sharpe, Donald M Carley, Kimberly A Johnson, Beverley J Mcclure, Thomas A Bradley, Michael Weckenbrock and Victor Fetter.
View institutional ownership trends.

How do I buy shares of Horace Mann Educators?

Shares of HMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Horace Mann Educators own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Horace Mann Educators investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 11/04/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Multi-line Insurance
• Current Symbol: NYSE:HMN
• CUSIP: 44032710
• CIK: 850141
• Web: www.horacemann.com
• Phone: (217) 789-2500
• Fax: 217-535-7109
• Employees: 1,700
• Year Founded: 1945

Price Target and Rating

• Average Stock Price Target: $42.67
• High Stock Price Target: $44.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +5.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.51
• Trailing P/E Ratio: 16.09
• Forward P/E Ratio: 15.47
• P/E Growth: N/A
• Net Income: $45 million
• Net Margins: 6.55%
• Pretax Margin: 8.02%
• Return on Equity: 8.14%
• Return on Assets: 0.69%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 0.09
• Quick Ratio: 0.09

Sales & Book Value

• Annual Sales: $1.49 billion
• Price / Sales: 1.10
• Cash Flow: $2.15 per share
• Price / Cash Flow: 18.74
• Book Value: $28.78 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 40,760,000
• Free Float: 39,209,000
• Market Cap: $1.65 billion
• Optionable: Optionable
• Beta: 0.27