Insider Selling: Horace Mann Educators (NYSE:HMN) CEO Sells 7,500 Shares of Stock

Horace Mann Educators Corporation (NYSE:HMN) CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $46.25, for a total value of $346,875.00. Following the completion of the sale, the chief executive officer owned 307,812 shares of the company’s stock, valued at $14,236,305. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marita Zuraitis also recently made the following trade(s):

• On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $646.10.
• On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $92.30.
• On Tuesday, May 5th, Marita Zuraitis sold 403 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.02, for a total value of $18,546.06.
• On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $12,278.56.
• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $346,200.00.

Horace Mann Educators Price Performance

Shares of NYSE:HMN traded up $0.81 during trading on Thursday, reaching $46.11. 65,165 shares of the company traded hands, compared to its average volume of 237,806. The company’s 50 day moving average is $44.98 and its two-hundred day moving average is $44.49. The firm has a market capitalization of $1.86 billion, a PE ratio of 11.58 and a beta of 0.11. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 52 week low of $40.04 and a 52 week high of $48.33.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. The firm had revenue of $429.30 million during the quarter, compared to the consensus estimate of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The company’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 EPS. As a group, sell-side analysts predict that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.

Horace Mann Educators Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, June 15th. Horace Mann Educators’s dividend payout ratio is presently 36.18%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HMN. Weiss Ratings upgraded Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday. Wall Street Zen cut Horace Mann Educators from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HMN. Vanguard Group Inc. lifted its position in Horace Mann Educators by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock worth $226,199,000 after acquiring an additional 78,079 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Horace Mann Educators by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,184,648 shares of the insurance provider’s stock valued at $93,243,000 after buying an additional 12,556 shares during the last quarter. State Street Corp raised its stake in shares of Horace Mann Educators by 4.7% during the 4th quarter. State Street Corp now owns 1,697,576 shares of the insurance provider’s stock valued at $78,394,000 after buying an additional 76,295 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Horace Mann Educators by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 1,042,622 shares of the insurance provider’s stock valued at $48,156,000 after buying an additional 28,763 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Horace Mann Educators by 13.3% during the 3rd quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock valued at $37,463,000 after buying an additional 97,366 shares during the last quarter. Hedge funds and other institutional investors own 99.28% of the company’s stock.

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.