Horace Mann Educators Corporation (NYSE:HMN) Receives Average Rating of “Moderate Buy” from Analysts

Horace Mann Educators Corporation (NYSE:HMN) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $46.75.

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Horace Mann Educators in a report on Friday, October 31st. Wall Street Zen upgraded shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Sunday.

Horace Mann Educators Stock Up 0.3%

Horace Mann Educators stock opened at $46.73 on Thursday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.58. Horace Mann Educators has a 1-year low of $36.20 and a 1-year high of $48.33. The firm’s fifty day simple moving average is $45.35 and its 200-day simple moving average is $44.33. The company has a market capitalization of $1.90 billion, a P/E ratio of 11.83 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN) last posted its earnings results on Monday, April 3rd. The insurance provider reported $1.18 EPS for the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The firm had revenue of $330.60 million for the quarter. Sell-side analysts forecast that Horace Mann Educators will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, December 15th. Horace Mann Educators’s dividend payout ratio (DPR) is currently 35.44%.

Insiders Place Their Bets

In other Horace Mann Educators news, Director Henry Wade Reece sold 1,316 shares of Horace Mann Educators stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $45.27, for a total value of $59,575.32. Following the transaction, the director directly owned 39,001 shares of the company’s stock, valued at $1,765,575.27. The trade was a 3.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Mark R. Desrochers sold 3,000 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $47.00, for a total value of $141,000.00. Following the completion of the sale, the senior vice president directly owned 20,556 shares of the company’s stock, valued at $966,132. This represents a 12.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 20,398 shares of company stock valued at $921,348. Company insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On Horace Mann Educators

Large investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd acquired a new stake in Horace Mann Educators in the 3rd quarter worth $29,000. Smartleaf Asset Management LLC grew its position in Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after buying an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after buying an additional 627 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in Horace Mann Educators during the second quarter valued at about $47,000. Finally, Blue Trust Inc. raised its holdings in Horace Mann Educators by 33.0% in the 3rd quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock valued at $54,000 after acquiring an additional 298 shares in the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Company Profile

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.