Horace Mann Educators Corp. PT Raised to $32.00 (HMN)
Investment analysts at Keefe, Bruyette & Woods boosted their target price on shares of Horace Mann Educators Corp. (NYSE:HMN) from $30.00 to $32.00 in a note issued to investors on Monday, Analyst Ratings.Net reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 12.76% from the stock’s previous close.
In other Horace Mann Educators Corp. news, EVP Steve Cardinal sold 40,787 shares of the stock on the open market in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $27.83, for a total transaction of $1,135,102.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of Horace Mann Educators Corp. (NYSE:HMN) from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 30th. They now have a $30.80 price target on the stock.
Horace Mann Educators Corp. (NYSE:HMN) traded up 1.65% on Monday, hitting $28.38. 316,940 shares of the company’s stock traded hands. Horace Mann Educators Corp. has a 52 week low of $17.44 and a 52 week high of $29.00. The stock’s 50-day moving average is $27.49 and its 200-day moving average is $24.84. The company has a market cap of $1.134 billion and a price-to-earnings ratio of 9.83.
Horace Mann Educators Corp. (NYSE:HMN) last released its earnings data on Wednesday, July 24th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.09. The company had revenue of $265.60 million for the quarter, compared to the consensus estimate of $249.50 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that Horace Mann Educators Corp. will post $2.01 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 30th. Shareholders of record on Tuesday, September 17th will be paid a dividend of $0.20 per share. This represents a $0.78 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Friday, September 13th.
Horace Mann Educators Corporation (NYSE:HMN) is an insurance holding company.
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