Insider Selling: Horace Mann Educators Director Unloads 4,388 Shares of Stock (HMN)
Horace Mann Educators (NYSE:HMN) Director Robert Stricker unloaded 4,388 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $29.00, for a total value of $127,252.00. Following the transaction, the director now directly owns 32,413 shares of the company’s stock, valued at approximately $939,977. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Horace Mann Educators (NYSE:HMN) traded up 0.83% on Friday, hitting $29.27. 164,155 shares of the company’s stock traded hands. Horace Mann Educators has a one year low of $26.16 and a one year high of $31.87. The stock’s 50-day moving average is $29.66 and its 200-day moving average is $29.24. The company has a market cap of $1.198 billion and a P/E ratio of 11.48.
Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.43 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.51 by $0.08. The company had revenue of $264.80 million for the quarter, compared to the consensus estimate of $256.37 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was down .3% on a year-over-year basis. On average, analysts predict that Horace Mann Educators will post $2.28 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on HMN shares. Analysts at Guggenheim initiated coverage on shares of Horace Mann Educators in a research note on Tuesday, June 24th. They set a “neutral” rating and a $30.00 price target on the stock. Analysts at Macquarie initiated coverage on shares of Horace Mann Educators in a research note on Friday, June 20th. They set a “neutral” rating and a $33.00 price target on the stock.
Horace Mann Educators Corporation (NYSE:HMN) is an insurance holding company.
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