Head to Head Survey: Horace Mann Educators (NYSE:HMN) vs. Corebridge Financial (NYSE:CRBG)

Horace Mann Educators (NYSE:HMN) and Corebridge Financial (NYSE:CRBG) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, risk, valuation, analyst recommendations and institutional ownership.

Profitability

This table compares Horace Mann Educators and Corebridge Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Horace Mann Educators	9.79%	15.69%	1.44%
Corebridge Financial	5.01%	19.90%	0.66%

Dividends

Horace Mann Educators pays an annual dividend of $1.40 per share and has a dividend yield of 3.1%. Corebridge Financial pays an annual dividend of $0.96 per share and has a dividend yield of 3.1%. Horace Mann Educators pays out 35.4% of its earnings in the form of a dividend. Corebridge Financial pays out 57.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Horace Mann Educators has raised its dividend for 17 consecutive years and Corebridge Financial has raised its dividend for 1 consecutive years.

Analyst Ratings

This is a summary of recent ratings and price targets for Horace Mann Educators and Corebridge Financial, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Horace Mann Educators	0	3	2	1	2.67
Corebridge Financial	0	4	9	0	2.69

Horace Mann Educators presently has a consensus target price of $46.75, suggesting a potential upside of 2.89%. Corebridge Financial has a consensus target price of $39.18, suggesting a potential upside of 26.20%. Given Corebridge Financial’s stronger consensus rating and higher possible upside, analysts clearly believe Corebridge Financial is more favorable than Horace Mann Educators.

Insider & Institutional Ownership

99.3% of Horace Mann Educators shares are held by institutional investors. Comparatively, 98.3% of Corebridge Financial shares are held by institutional investors. 3.8% of Horace Mann Educators shares are held by company insiders. Comparatively, 0.3% of Corebridge Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Volatility and Risk

Horace Mann Educators has a beta of 0.07, indicating that its stock price is 93% less volatile than the S&P 500. Comparatively, Corebridge Financial has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.

Valuation & Earnings

This table compares Horace Mann Educators and Corebridge Financial”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Horace Mann Educators	$1.60 billion	1.16	$102.80 million	$3.95	11.50
Corebridge Financial	$19.58 billion	0.83	$2.23 billion	$1.68	18.48

Corebridge Financial has higher revenue and earnings than Horace Mann Educators. Horace Mann Educators is trading at a lower price-to-earnings ratio than Corebridge Financial, indicating that it is currently the more affordable of the two stocks.

About Horace Mann Educators

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; and internal revenue code for educator, which allows public school employees and employees of other tax-exempt organizations, such as not-for-profit private schools, to utilize pretax income to make periodic contributions to a qualified retirement plan. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverage. The company was founded in 1945 and is headquartered in Springfield, Illinois.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.