Horace Mann Educators Corporation (NYSE:HMN – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $44.58 and traded as high as $45.74. Horace Mann Educators shares last traded at $45.2390, with a volume of 171,306 shares traded.
Wall Street Analysts Forecast Growth
HMN has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a research note on Friday, October 31st. Wall Street Zen upgraded shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Horace Mann Educators currently has a consensus rating of “Moderate Buy” and an average target price of $46.75.
Get Our Latest Stock Analysis on Horace Mann Educators
Horace Mann Educators Trading Up 1.0%
Horace Mann Educators (NYSE:HMN – Get Free Report) last released its quarterly earnings results on Monday, April 3rd. The insurance provider reported $1.18 earnings per share (EPS) for the quarter. The business had revenue of $330.60 million for the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. As a group, sell-side analysts anticipate that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.
Horace Mann Educators Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were paid a $0.35 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.1%. Horace Mann Educators’s payout ratio is presently 35.44%.
Insider Transactions at Horace Mann Educators
In related news, Director Beverley J. Mcclure sold 1,082 shares of the stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $45.40, for a total transaction of $49,122.80. Following the transaction, the director owned 16,733 shares of the company’s stock, valued at approximately $759,678.20. This represents a 6.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Henry Wade Reece sold 1,316 shares of Horace Mann Educators stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $45.27, for a total value of $59,575.32. Following the completion of the transaction, the director directly owned 39,001 shares of the company’s stock, valued at approximately $1,765,575.27. This represents a 3.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,398 shares of company stock worth $697,298 over the last quarter. 4.00% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Horace Mann Educators
Hedge funds have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd acquired a new position in shares of Horace Mann Educators in the third quarter worth $29,000. Smartleaf Asset Management LLC boosted its holdings in Horace Mann Educators by 49.7% in the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 232 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Horace Mann Educators by 222.3% in the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 627 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Horace Mann Educators during the 2nd quarter worth $47,000. Finally, Blue Trust Inc. increased its holdings in Horace Mann Educators by 33.0% during the 3rd quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 298 shares during the period. 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.
Further Reading
- Five stocks we like better than Horace Mann Educators
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- How the Rich Retire
Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.
