Horace Mann Educators (HMN) Expected to Announce Quarterly Earnings on Wednesday

Horace Mann Educators (NYSE:HMN) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Horace Mann Educators to post earnings of $1.04 per share and revenue of $417.03 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Monday, November 4th. The insurance provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.04. Horace Mann Educators had a net margin of 6.55% and a return on equity of 8.14%. The company had revenue of $412.10 million for the quarter, compared to analysts’ expectations of $293.87 million. During the same quarter in the previous year, the business posted $0.44 earnings per share. Horace Mann Educators’s quarterly revenue was up 8.8% on a year-over-year basis. On average, analysts expect Horace Mann Educators to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Horace Mann Educators Price Performance

HMN stock opened at $37.95 on Tuesday. Horace Mann Educators has a 52 week low of $31.81 and a 52 week high of $43.26. The firm has a market capitalization of $1.55 billion, a P/E ratio of 15.12 and a beta of 0.31. The company has a fifty day simple moving average of $39.47 and a two-hundred day simple moving average of $37.22. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.42.

Horace Mann Educators Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Monday, December 16th. Horace Mann Educators’s payout ratio is 54.18%.

Insider Activity at Horace Mann Educators

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 5,634 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $42.08, for a total transaction of $237,078.72. Following the completion of the transaction, the director now owns 19,057 shares in the company, valued at $801,918.56. The trade was a 22.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Marita Zuraitis sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $39.40, for a total value of $157,600.00. Following the transaction, the chief executive officer now directly owns 298,324 shares in the company, valued at approximately $11,753,965.60. This represents a 1.32 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,451 shares of company stock worth $670,619. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Piper Sandler upped their price objective on Horace Mann Educators from $36.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Keefe, Bruyette & Woods downgraded Horace Mann Educators from an “outperform” rating to a “market perform” rating and boosted their target price for the company from $39.00 to $44.00 in a research report on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $42.67.

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.