Horace Mann Educators (NYSE:HMN) Posts Earnings Results, Beats Expectations By $0.18 EPS

Horace Mann Educators (NYSE:HMN) released its quarterly earnings data on Friday. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18, Zacks reports. Horace Mann Educators had a return on equity of 14.26% and a net margin of 9.63%.The company had revenue of $429.30 million for the quarter, compared to analyst estimates of $319.10 million. During the same period in the previous year, the company posted $1.07 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year.

Horace Mann Educators Price Performance

NYSE HMN traded down $0.67 during trading on Friday, reaching $44.48. The company’s stock had a trading volume of 96,803 shares, compared to its average volume of 241,108. The stock has a market capitalization of $1.80 billion, a PE ratio of 11.18 and a beta of 0.11. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a fifty day moving average of $43.82 and a 200 day moving average of $44.38. Horace Mann Educators has a one year low of $40.04 and a one year high of $48.33.

Horace Mann Educators Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a $0.36 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.44 dividend on an annualized basis and a yield of 3.2%. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.35. Horace Mann Educators’s dividend payout ratio is currently 36.18%.

Insiders Place Their Bets

In other Horace Mann Educators news, Director Victor Fetter bought 3,500 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were acquired at an average cost of $42.73 per share, for a total transaction of $149,555.00. Following the purchase, the director directly owned 22,292 shares of the company’s stock, valued at $952,537.16. The trade was a 18.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total value of $45,985.74. Following the completion of the transaction, the director owned 14,797 shares in the company, valued at $629,464.38. This represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 16,067 shares of company stock worth $737,683 in the last ninety days. 3.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Horace Mann Educators

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in shares of Horace Mann Educators by 36.2% during the 1st quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after purchasing an additional 2,194 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Horace Mann Educators by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after purchasing an additional 1,064 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Horace Mann Educators during the 1st quarter valued at about $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Horace Mann Educators by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after purchasing an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Horace Mann Educators by 313.8% during the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock valued at $3,916,000 after purchasing an additional 69,492 shares during the last quarter. 99.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HMN has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research note on Monday, April 27th. Wall Street Zen lowered Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. One equities research 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 company’s stock. According to MarketBeat.com, Horace Mann Educators presently has an average rating of “Buy” and a consensus target price of $47.33.

Horace Mann Educators Company Profile

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.