Equities analysts forecast that Horace Mann Educators Co. (NYSE:HMN) will announce earnings per share of $0.75 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Horace Mann Educators’ earnings. Horace Mann Educators posted earnings per share of $0.65 in the same quarter last year, which suggests a positive year-over-year growth rate of 15.4%. The company is expected to announce its next earnings results on Tuesday, February 5th.
On average, analysts expect that Horace Mann Educators will report full-year earnings of $1.58 per share for the current financial year. For the next year, analysts expect that the business will report earnings of $2.60 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Horace Mann Educators.
Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings data on Tuesday, October 30th. The insurance provider reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. Horace Mann Educators had a return on equity of 4.53% and a net margin of 13.48%. The business had revenue of $311.40 million for the quarter.
Separately, Zacks Investment Research cut Horace Mann Educators from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th.
In other Horace Mann Educators news, VP Kimberly A. Johnson sold 2,000 shares of Horace Mann Educators stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $46.10, for a total transaction of $92,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP John P. Mccarthy sold 5,000 shares of Horace Mann Educators stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $46.58, for a total value of $232,900.00. The disclosure for this sale can be found here. Insiders have sold a total of 34,440 shares of company stock valued at $1,581,800 in the last ninety days. Insiders own 2.20% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Investment Consultants LLC purchased a new position in shares of Horace Mann Educators during the second quarter worth about $164,000. Ingalls & Snyder LLC purchased a new position in shares of Horace Mann Educators during the second quarter worth about $203,000. Xact Kapitalforvaltning AB purchased a new position in shares of Horace Mann Educators during the first quarter worth about $339,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Horace Mann Educators during the second quarter worth about $386,000. Finally, Dupont Capital Management Corp purchased a new position in shares of Horace Mann Educators during the third quarter worth about $397,000. 99.30% of the stock is owned by institutional investors.
Shares of NYSE HMN traded down $0.61 during mid-day trading on Friday, reaching $40.70. 95,608 shares of the company’s stock were exchanged, compared to its average volume of 186,103. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 23.39 and a beta of 0.90. Horace Mann Educators has a 52 week low of $37.37 and a 52 week high of $47.65. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.06 and a quick ratio of 0.06.
Horace Mann Educators Company Profile
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates Property and Casualty Insurance, Annuity Products, and Life Insurance segments. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified annuities; and life insurance products.
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