Equities research analysts expect Horace Mann Educators Co. (NYSE:HMN – Get Rating) to report sales of $339.80 million for the current quarter, according to Zacks. Two analysts have issued estimates for Horace Mann Educators’ earnings, with estimates ranging from $331.30 million to $348.30 million. Horace Mann Educators reported sales of $322.00 million during the same quarter last year, which would suggest a positive year over year growth rate of 5.5%. The company is expected to issue its next quarterly earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that Horace Mann Educators will report full-year sales of $1.36 billion for the current year, with estimates ranging from $1.32 billion to $1.40 billion. For the next fiscal year, analysts expect that the firm will post sales of $1.38 billion, with estimates ranging from $1.34 billion to $1.43 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Horace Mann Educators.
Horace Mann Educators (NYSE:HMN – Get Rating) last announced its quarterly earnings data on Tuesday, February 1st. The insurance provider reported $0.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.25. The business had revenue of $331.40 million during the quarter, compared to the consensus estimate of $333.40 million. Horace Mann Educators had a net margin of 10.74% and a return on equity of 8.51%. The firm’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.13 earnings per share.
In other news, SVP Kimberly A. Johnson sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 10th. The shares were sold at an average price of $41.27, for a total transaction of $61,905.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 3.20% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Barclays PLC increased its holdings in Horace Mann Educators by 20.6% during the third quarter. Barclays PLC now owns 33,240 shares of the insurance provider’s stock valued at $1,322,000 after buying an additional 5,687 shares during the period. Franklin Resources Inc. increased its holdings in Horace Mann Educators by 1.2% during the third quarter. Franklin Resources Inc. now owns 3,165,964 shares of the insurance provider’s stock valued at $125,973,000 after buying an additional 39,045 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in Horace Mann Educators by 12.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 73,294 shares of the insurance provider’s stock valued at $2,836,000 after buying an additional 8,286 shares during the period. Victory Capital Management Inc. grew its holdings in Horace Mann Educators by 34.9% in the fourth quarter. Victory Capital Management Inc. now owns 463,777 shares of the insurance provider’s stock worth $17,948,000 after purchasing an additional 119,873 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in Horace Mann Educators by 5.2% in the third quarter. UBS Asset Management Americas Inc. now owns 44,385 shares of the insurance provider’s stock worth $1,766,000 after purchasing an additional 2,191 shares during the last quarter.
Shares of NYSE HMN opened at $40.01 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market cap of $1.66 billion, a P/E ratio of 11.80 and a beta of 0.54. Horace Mann Educators has a 1 year low of $36.21 and a 1 year high of $42.95. The firm has a 50-day simple moving average of $40.98 and a two-hundred day simple moving average of $39.79.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Thursday, March 17th were given a dividend of $0.32 per share. The ex-dividend date was Wednesday, March 16th. This is a positive change from Horace Mann Educators’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.20%. Horace Mann Educators’s dividend payout ratio (DPR) is 37.76%.
About Horace Mann Educators (Get Rating)
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates in three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits. The company underwrites and markets personal lines of property and casualty insurance, including personal lines auto and property insurance products; supplemental insurance products, which include cancer, heart, hospital, supplemental disability, and accident coverages; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products comprising whole life and term, as well as indexed universal life insurance products.
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