Horace Mann Educators (NYSE:HMN) Director Sells $45,985.74 in Stock

Horace Mann Educators Corporation (NYSE:HMNGet Free Report) Director Beverley Mcclure sold 1,081 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the sale, the director directly owned 14,797 shares of the company’s stock, valued at $629,464.38. This trade represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Horace Mann Educators Stock Up 0.0%

HMN stock opened at $43.23 on Monday. The company has a 50 day moving average of $43.00 and a two-hundred day moving average of $44.35. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 12-month low of $38.76 and a 12-month high of $48.33. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 11.08 and a beta of 0.04.

Horace Mann Educators (NYSE:HMNGet Free Report) last issued its earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. The company had revenue of $434.80 million for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%. On average, equities analysts anticipate that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.

Horace Mann Educators Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This is a boost from Horace Mann Educators’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 3.3%. Horace Mann Educators’s payout ratio is 36.92%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HMN shares. Wall Street Zen downgraded shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $47.33.

Get Our Latest Stock Report on Horace Mann Educators

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors grew its stake in shares of Horace Mann Educators by 3.6% in the second quarter. Captrust Financial Advisors now owns 6,504 shares of the insurance provider’s stock worth $279,000 after acquiring an additional 229 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Horace Mann Educators by 49.7% during the 3rd 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 last quarter. State of Alaska Department of Revenue raised its stake in Horace Mann Educators by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 22,535 shares of the insurance provider’s stock valued at $1,040,000 after purchasing an additional 238 shares during the last quarter. Blue Trust Inc. boosted 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 purchasing an additional 298 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in Horace Mann Educators by 36.6% in the 3rd quarter. Versant Capital Management Inc now owns 1,307 shares of the insurance provider’s stock valued at $59,000 after purchasing an additional 350 shares during the period. 99.28% of the stock is owned by institutional investors.

Horace Mann Educators Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Horace Mann Educators (NYSE:HMN)

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