Reviewing Corebridge Financial (NYSE:CRBG) and Horace Mann Educators (NYSE:HMN)

Corebridge Financial (NYSE:CRBG) and Horace Mann Educators (NYSE:HMN) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, analyst recommendations and risk.

Profitability

This table compares Corebridge Financial and Horace Mann Educators’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corebridge Financial	5.01%	19.90%	0.66%
Horace Mann Educators	9.79%	15.69%	1.44%

Analyst Ratings

This is a summary of current recommendations and price targets for Corebridge Financial and Horace Mann Educators, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corebridge Financial	0	4	9	0	2.69
Horace Mann Educators	0	3	2	1	2.67

Corebridge Financial presently has a consensus price target of $39.18, suggesting a potential upside of 29.89%. Horace Mann Educators has a consensus price target of $46.75, suggesting a potential upside of 4.35%. Given Corebridge Financial’s stronger consensus rating and higher probable upside, research analysts clearly believe Corebridge Financial is more favorable than Horace Mann Educators.

Insider & Institutional Ownership

98.3% of Corebridge Financial shares are held by institutional investors. Comparatively, 99.3% of Horace Mann Educators shares are held by institutional investors. 0.3% of Corebridge Financial shares are held by company insiders. Comparatively, 4.0% of Horace Mann Educators shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Volatility & Risk

Corebridge Financial has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Horace Mann Educators has a beta of 0.07, suggesting that its stock price is 93% less volatile than the S&P 500.

Earnings & Valuation

This table compares Corebridge Financial and Horace Mann Educators”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corebridge Financial	$19.58 billion	0.80	$2.23 billion	$1.68	17.96
Horace Mann Educators	$1.60 billion	1.14	$102.80 million	$3.95	11.34

Corebridge Financial has higher revenue and earnings than Horace Mann Educators. Horace Mann Educators is trading at a lower price-to-earnings ratio than Corebridge Financial, indicating that it is currently the more affordable of the two stocks.

Dividends

Corebridge Financial pays an annual dividend of $0.96 per share and has a dividend yield of 3.2%. Horace Mann Educators pays an annual dividend of $1.40 per share and has a dividend yield of 3.1%. Corebridge Financial pays out 57.1% of its earnings in the form of a dividend. Horace Mann Educators pays out 35.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Corebridge Financial has raised its dividend for 1 consecutive years and Horace Mann Educators has raised its dividend for 17 consecutive years.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.

About Horace Mann Educators

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; and internal revenue code for educator, which allows public school employees and employees of other tax-exempt organizations, such as not-for-profit private schools, to utilize pretax income to make periodic contributions to a qualified retirement plan. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverage. The company was founded in 1945 and is headquartered in Springfield, Illinois.