Equities analysts expect Horace Mann Educators Corporation (NYSE:HMN) to post earnings per share of $0.41 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Horace Mann Educators Corporation’s earnings. Horace Mann Educators Corporation reported earnings per share of $0.58 in the same quarter last year, which would suggest a negative year-over-year growth rate of 29.3%. The company is expected to announce its next earnings results on Monday, October 30th.

On average, analysts expect that Horace Mann Educators Corporation will report full-year earnings of $1.45 per share for the current year. For the next year, analysts forecast that the company will report earnings of $2.25 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that follow Horace Mann Educators Corporation.

Horace Mann Educators Corporation (NYSE:HMN) last posted its earnings results on Monday, July 24th. The insurance provider reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.09. The business had revenue of $291.40 million for the quarter, compared to analyst estimates of $290.40 million. Horace Mann Educators Corporation had a return on equity of 4.56% and a net margin of 5.59%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 earnings per share.

HMN has been the topic of several recent analyst reports. Keefe, Bruyette & Woods restated a “sell” rating and set a $37.00 price objective on shares of Horace Mann Educators Corporation in a research note on Friday, May 26th. Zacks Investment Research lowered shares of Horace Mann Educators Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. TheStreet lowered shares of Horace Mann Educators Corporation from a “b” rating to a “c+” rating in a research note on Monday, August 28th. Finally, BidaskClub lowered shares of Horace Mann Educators Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Horace Mann Educators Corporation currently has an average rating of “Hold” and an average price target of $38.50.

Horace Mann Educators Corporation (NYSE:HMN) traded up 2.21% during trading on Friday, reaching $34.75. 171,945 shares of the company’s stock traded hands. The firm has a market cap of $1.41 billion, a PE ratio of 22.40 and a beta of 1.07. Horace Mann Educators Corporation has a 12 month low of $33.30 and a 12 month high of $44.15. The firm has a 50 day moving average price of $36.44 and a 200-day moving average price of $38.44.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.10 dividend on an annualized basis and a yield of 3.17%. Horace Mann Educators Corporation’s dividend payout ratio (DPR) is currently 70.97%.

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In related news, CFO Bret A. Conklin sold 4,085 shares of the company’s stock in a transaction dated Friday, June 16th. The shares were sold at an average price of $37.95, for a total value of $155,025.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisor Group Inc. grew its stake in Horace Mann Educators Corporation by 32.0% in the 2nd quarter. Advisor Group Inc. now owns 3,023 shares of the insurance provider’s stock valued at $114,000 after buying an additional 733 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in Horace Mann Educators Corporation in the 1st quarter valued at about $144,000. SG Americas Securities LLC grew its position in shares of Horace Mann Educators Corporation by 41.3% during the 1st quarter. SG Americas Securities LLC now owns 3,709 shares of the insurance provider’s stock worth $152,000 after purchasing an additional 1,085 shares in the last quarter. Stifel Financial Corp acquired a new position in shares of Horace Mann Educators Corporation during the 1st quarter worth approximately $206,000. Finally, Amalgamated Bank grew its position in shares of Horace Mann Educators Corporation by 1.4% during the 2nd quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock worth $210,000 after purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 98.26% of the company’s stock.

Horace Mann Educators Corporation Company Profile

Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States.

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Earnings History and Estimates for Horace Mann Educators Corporation (NYSE:HMN)

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