Horace Mann Educators Co. (NYSE:HMN) Expected to Announce Earnings of $0.75 Per Share

Wall Street brokerages forecast that Horace Mann Educators Co. (NYSE:HMN – Get Rating) will post $0.75 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Horace Mann Educators’ earnings. The highest EPS estimate is $0.79 and the lowest is $0.71. Horace Mann Educators posted earnings of $1.02 per share in the same quarter last year, which would indicate a negative year over year growth rate of 26.5%. The company is scheduled to announce its next earnings report on Monday, January 1st.

On average, analysts expect that Horace Mann Educators will report full-year earnings of $3.25 per share for the current year. For the next year, analysts anticipate that the firm will report earnings of $3.80 per share, with EPS estimates ranging from $3.75 to $3.85. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Horace Mann Educators.

Horace Mann Educators (NYSE:HMN – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The insurance provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.30). The business had revenue of $346.80 million during the quarter, compared to analyst estimates of $339.80 million. Horace Mann Educators had a net margin of 8.71% and a return on equity of 7.57%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.10 earnings per share.

A number of brokerages have recently weighed in on HMN. Zacks Investment Research lowered Horace Mann Educators from a “hold” rating to a “sell” rating in a research note on Friday, May 6th. StockNews.com began coverage on Horace Mann Educators in a research note on Thursday, March 31st. They set a “hold” rating on the stock.

In other Horace Mann Educators news, Director Thomas A. Bradley bought 5,000 shares of Horace Mann Educators stock in a transaction on Wednesday, May 11th. The shares were purchased at an average price of $37.96 per share, with a total value of $189,800.00. Following the acquisition, the director now owns 7,500 shares in the company, valued at approximately $284,700. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.20% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of HMN. BlackRock Inc. boosted its holdings in shares of Horace Mann Educators by 0.7% during the 1st quarter. BlackRock Inc. now owns 6,076,433 shares of the insurance provider’s stock valued at $254,178,000 after acquiring an additional 40,134 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Horace Mann Educators by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 4,963,155 shares of the insurance provider’s stock valued at $207,609,000 after acquiring an additional 38,840 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Horace Mann Educators by 1.2% during the 3rd quarter. Franklin Resources Inc. now owns 3,165,964 shares of the insurance provider’s stock valued at $125,973,000 after acquiring an additional 39,045 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Horace Mann Educators by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,012,146 shares of the insurance provider’s stock valued at $125,998,000 after acquiring an additional 43,709 shares in the last quarter. Finally, Earnest Partners LLC boosted its holdings in shares of Horace Mann Educators by 0.5% during the 4th quarter. Earnest Partners LLC now owns 2,976,829 shares of the insurance provider’s stock valued at $115,203,000 after acquiring an additional 14,740 shares in the last quarter.

Shares of NYSE HMN traded up $0.24 during trading hours on Friday, reaching $39.24. 217,024 shares of the stock were exchanged, compared to its average volume of 218,581. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 13.96 and a beta of 0.54. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.11 and a current ratio of 0.11. Horace Mann Educators has a 52 week low of $36.21 and a 52 week high of $42.95. The stock’s fifty day simple moving average is $40.31 and its 200 day simple moving average is $39.67.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Thursday, March 17th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Wednesday, March 16th. This is a positive change from Horace Mann Educators’s previous quarterly dividend of $0.31. Horace Mann Educators’s dividend payout ratio (DPR) is 45.55%.

Horace Mann Educators Company Profile (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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