Horace Mann Educators (NYSE:HMN) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Horace Mann Educators (NYSE:HMNFree Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

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. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

Read Our Latest Research Report on Horace Mann Educators

Horace Mann Educators Trading Down 0.9%

Shares of HMN stock opened at $52.39 on Monday. Horace Mann Educators has a 12 month low of $41.29 and a 12 month high of $55.56. The company has a market cap of $2.12 billion, a PE ratio of 12.24 and a beta of 0.08. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $51.03 and its two-hundred day moving average is $46.52.

Horace Mann Educators (NYSE:HMNGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.38. The business had revenue of $443.50 million during the quarter, compared to analysts’ expectations of $321.70 million. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. Horace Mann Educators’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.06 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. Equities analysts predict that Horace Mann Educators will post 4.8 EPS for the current year.

Horace Mann Educators Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued 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 payout ratio is 33.64%.

Insider Buying and Selling at Horace Mann Educators

In other news, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $52.03, for a total value of $390,225.00. Following the completion of the sale, the chief executive officer directly owned 307,129 shares of the company’s stock, valued at approximately $15,979,921.87. This represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,514 shares of company stock valued at $1,132,396 over the last three months. 3.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Horace Mann Educators

Several large investors have recently bought and sold shares of HMN. BlackRock Inc. bought a new stake in shares of Horace Mann Educators in the second quarter valued at about $304,006,000. Wasatch Advisors LP acquired a new stake in Horace Mann Educators during the second quarter worth about $72,363,000. Bank of New York Mellon Corp bought a new position in Horace Mann Educators during the second quarter valued at about $20,061,000. Ameriprise Financial Inc. increased its stake in Horace Mann Educators by 51.6% during the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock valued at $29,971,000 after acquiring an additional 225,800 shares during the period. Finally, Millennium Management LLC raised its holdings in Horace Mann Educators by 310.0% in the 3rd quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock valued at $12,427,000 after acquiring an additional 208,014 shares in the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

About Horace Mann Educators

(Get Free Report)

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.

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