Horace Mann Educators Corp. CMO Unloads $624,112 in Stock (HMN)
Horace Mann Educators Corp. (NYSE:HMN) CMO Steve Cardinal sold 21,633 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $28.85, for a total value of $624,112.05. Following the completion of the sale, the chief marketing officer now directly owns 64,718 shares in the company, valued at approximately $1,867,114. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on HMN shares. Analysts at Zacks reiterated a “buy” rating on shares of Horace Mann Educators Corp. in a research note to investors on Monday, September 30th. They now have a $30.80 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Horace Mann Educators Corp. from $30.00 to $32.00 in a research note to investors on Monday, September 30th. They now have an “outperform” rating on the stock.
Horace Mann Educators Corp. (NYSE:HMN) traded down 2.22% during mid-day trading on Tuesday, hitting $28.23. 193,553 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 $29.13. The stock’s 50-day moving average is $27.55 and its 200-day moving average is $25.24. The company has a market cap of $1.128 billion and a price-to-earnings ratio of 10.16.
Horace Mann Educators Corp. (NYSE:HMN) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters 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. On average, analysts predict that Horace Mann Educators Corp. will post $2.05 earnings per share for the current fiscal year.
Horace Mann Educators Corporation (NYSE:HMN) is an insurance holding company.
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