Horace Mann Educators (HMN) Issues FY Earnings Guidance

Horace Mann Educators (NYSE:HMN) updated its FY earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.10-2.30 for the period, compared to the Thomson Reuters consensus estimate of $2.53.

Several research firms recently weighed in on HMN. Keefe, Bruyette & Woods reissued a hold rating on shares of Horace Mann Educators in a research report on Wednesday, December 6th. Zacks Investment Research lowered Horace Mann Educators from a strong-buy rating to a hold rating in a research report on Tuesday, December 26th.

Horace Mann Educators (HMN) traded down $0.20 during trading hours on Tuesday, reaching $38.70. The company had a trading volume of 173,584 shares, compared to its average volume of 154,343. The firm has a market capitalization of $1,640.92, a price-to-earnings ratio of 25.13 and a beta of 1.02. Horace Mann Educators has a 52-week low of $33.85 and a 52-week high of $47.65. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.18.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings results on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $303.00 million for the quarter. Horace Mann Educators had a return on equity of 4.94% and a net margin of 5.56%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.52 earnings per share.

In other Horace Mann Educators news, Director Robert Stricker sold 3,829 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total value of $175,176.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.40% of the company’s stock.

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About Horace Mann Educators

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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