Horace Mann Educators Corp. (HMN) Releases Quarterly Earnings Results
Horace Mann Educators Corp. (NYSE:HMN) released its earnings data on Wednesday. The company reported $0.59 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.59, Stock Ratings Network reports. The company had revenue of $251.90 million for the quarter, compared to the consensus estimate of $250.70 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis.
Shares of Horace Mann Educators Corp. (NYSE:HMN) opened at 30.79 on Wednesday. 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 $27.7 and its 200-day moving average is $24.34. The company has a market cap of $1.231 billion and a P/E ratio of 10.92.
A number of research firms have recently commented on HMN. 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. On a related note, 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.
In other Horace Mann Educators Corp. news, CMO Steve Cardinal sold 27,049 shares of the stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $28.98, for a total transaction of $783,880.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Horace Mann Educators Corporation (NYSE:HMN) is an insurance holding company.
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