Horace Mann Educators (NYSE:HMN) Director Sells $45,985.74 in Stock

Horace Mann Educators Corporation (NYSE:HMN) Director Beverley Mcclure sold 1,081 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total value of $45,985.74. Following the sale, the director owned 14,797 shares in the company, valued at $629,464.38. This represents a 6.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Horace Mann Educators Trading Up 0.0%

Shares of Horace Mann Educators stock traded up $0.02 during trading on Friday, hitting $43.23. The company’s stock had a trading volume of 210,412 shares, compared to its average volume of 285,649. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 11.08 and a beta of 0.04. Horace Mann Educators Corporation has a 52 week low of $38.76 and a 52 week high of $48.33. The stock has a 50-day moving average price of $42.99 and a two-hundred day moving average price of $44.39. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.10 and a quick ratio of 0.10.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%.The company had revenue of $434.80 million during the quarter. Equities research analysts anticipate that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $0.36 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.3%. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.35. Horace Mann Educators’s dividend payout ratio (DPR) is 36.92%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd purchased a new stake in Horace Mann Educators in the 3rd quarter worth about $29,000. Smartleaf Asset Management LLC grew its stake in Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 627 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Horace Mann Educators in the 4th quarter worth approximately $51,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Horace Mann Educators during the 4th quarter valued at $51,000. 99.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a report on Wednesday, January 28th. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $47.33.

About Horace Mann Educators

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.