Langen Mcalenn Weighs in on Horace Mann Educators Co.’s Q1 2018 Earnings (HMN)

Horace Mann Educators Co. (NYSE:HMN) – Analysts at Langen Mcalenn cut their Q1 2018 earnings estimates for Horace Mann Educators in a research report issued on Thursday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the insurance provider will post earnings of $0.59 per share for the quarter, down from their prior estimate of $0.68. Langen Mcalenn also issued estimates for Horace Mann Educators’ Q2 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.78 EPS and FY2018 earnings at $2.30 EPS.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.09. The business had revenue of $303.00 million during the quarter. Horace Mann Educators had a net margin of 14.46% and a return on equity of 5.31%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.52 EPS.

Several other brokerages also recently issued reports on HMN. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Horace Mann Educators in a research note on Wednesday, December 6th. Zacks Investment Research downgraded shares of Horace Mann Educators from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 26th.

Shares of Horace Mann Educators (HMN) opened at $40.05 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market cap of $1,630.00, a PE ratio of 9.84 and a beta of 1.02. Horace Mann Educators has a 12 month low of $33.85 and a 12 month high of $47.65.

Institutional investors have recently bought and sold shares of the company. Keybank National Association OH raised its stake in shares of Horace Mann Educators by 4.7% during the third quarter. Keybank National Association OH now owns 49,300 shares of the insurance provider’s stock valued at $1,940,000 after acquiring an additional 2,200 shares in the last quarter. Vanguard Group Inc. raised its stake in Horace Mann Educators by 2.8% in the second quarter. Vanguard Group Inc. now owns 3,813,026 shares of the insurance provider’s stock worth $144,132,000 after buying an additional 105,493 shares in the last quarter. Channing Capital Management LLC raised its stake in Horace Mann Educators by 17.0% in the third quarter. Channing Capital Management LLC now owns 1,219,629 shares of the insurance provider’s stock worth $47,992,000 after buying an additional 176,784 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Horace Mann Educators by 50.6% in the third quarter. BNP Paribas Arbitrage SA now owns 21,894 shares of the insurance provider’s stock worth $862,000 after buying an additional 7,358 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Horace Mann Educators by 2.6% in the third quarter. Rhumbline Advisers now owns 99,734 shares of the insurance provider’s stock worth $3,925,000 after buying an additional 2,538 shares in the last quarter. 98.26% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Robert Stricker sold 3,829 shares of Horace Mann Educators stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $45.75, for a total transaction of $175,176.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.10% of the company’s stock.

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Horace Mann Educators 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.

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

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