Horace Mann Educators (HMN) Scheduled to Post Quarterly Earnings on Wednesday

Horace Mann Educators (NYSE:HMN) will post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Horace Mann Educators to post earnings of $0.29 per share for the quarter. Horace Mann Educators has set its FY24 guidance at $3.00-$3.30 EPS and its FY 2024 guidance at 3.000-3.300 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Wednesday, May 8th. The insurance provider reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.17). The company had revenue of $386.00 million during the quarter, compared to analyst estimates of $398.35 million. Horace Mann Educators had a return on equity of 6.95% and a net margin of 4.26%. On average, analysts expect Horace Mann Educators to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Horace Mann Educators Trading Down 2.0 %

Shares of NYSE:HMN opened at $32.75 on Tuesday. The company has a 50 day moving average of $33.57 and a 200-day moving average of $35.09. The firm has a market cap of $1.34 billion, a P/E ratio of 20.99 and a beta of 0.27. Horace Mann Educators has a twelve month low of $27.81 and a twelve month high of $39.25. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.45.

Horace Mann Educators Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend was Thursday, June 13th. Horace Mann Educators’s dividend payout ratio is presently 87.18%.

Analyst Upgrades and Downgrades

HMN has been the subject of several research analyst reports. StockNews.com downgraded shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th. JMP Securities reiterated a “market perform” rating on shares of Horace Mann Educators in a research note on Tuesday, June 18th. Keefe, Bruyette & Woods dropped their price objective on shares of Horace Mann Educators from $42.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Finally, Piper Sandler dropped their price objective on shares of Horace Mann Educators from $37.00 to $35.00 and set a “neutral” rating on the stock in a research note on Friday, June 28th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $37.50.

Horace Mann Educators Company Profile

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.