Horace Mann Educators (NYSE:HMN) Reaches New 1-Year High – Should You Buy?

Shares of Horace Mann Educators Corporation (NYSE:HMN) reached a new 52-week high during trading on Monday . The stock traded as high as $54.54 and last traded at $54.4950, with a volume of 51494 shares. The stock had previously closed at $53.85.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Strong Buy” and an average price target of $48.00.

Horace Mann Educators Trading Down 0.4%

The firm has a market capitalization of $2.17 billion, a P/E ratio of 13.50 and a beta of 0.09. The stock has a 50-day simple moving average of $47.84 and a two-hundred day simple moving average of $45.26. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.18. The business had revenue of $429.30 million for 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 business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 EPS. On average, equities research analysts anticipate that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.

Horace Mann Educators Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.36 per share. The ex-dividend date was Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.7%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 36.18%.

Insider Transactions at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $46.16, for a total value of $346,200.00. Following the completion of the transaction, the chief executive officer owned 322,812 shares of the company’s stock, valued at $14,901,001.92. The trade was a 2.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 30,000 shares of company stock worth $1,433,868 over the last 90 days. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors lifted its stake in shares of Horace Mann Educators by 3.6% during the 2nd quarter. Captrust Financial Advisors now owns 6,504 shares of the insurance provider’s stock worth $279,000 after purchasing an additional 229 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Horace Mann Educators by 24.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock valued at $51,000 after purchasing an additional 234 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in Horace Mann Educators by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 22,535 shares of the insurance provider’s stock worth $1,040,000 after purchasing an additional 238 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Horace Mann Educators by 1.2% during the second quarter. CANADA LIFE ASSURANCE Co now owns 36,774 shares of the insurance provider’s stock valued at $1,580,000 after buying an additional 431 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Horace Mann Educators by 8.7% during the second quarter. GAMMA Investing LLC now owns 5,973 shares of the insurance provider’s stock valued at $309,000 after buying an additional 477 shares during the last quarter. 99.28% of the stock is currently owned by hedge funds and other institutional investors.

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.