Horace Mann Educators (NYSE:HMN) Shares Pass Above 200-Day Moving Average – Here’s Why

Horace Mann Educators Corporation (NYSE:HMNGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $44.58 and traded as high as $45.74. Horace Mann Educators shares last traded at $45.2390, with a volume of 171,306 shares changing hands.

Analyst Ratings Changes

HMN has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a report on Friday, October 31st. Wall Street Zen upgraded shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a report on Sunday, December 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Horace Mann Educators presently has an average rating of “Moderate Buy” and an average price target of $46.75.

View Our Latest Stock Report on Horace Mann Educators

Horace Mann Educators Price Performance

The stock has a fifty day moving average of $45.67 and a 200-day moving average of $44.58. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 11.45 and a beta of 0.07.

Horace Mann Educators (NYSE:HMNGet Free Report) last released its quarterly earnings data on Monday, April 3rd. The insurance provider reported $1.18 earnings per share for the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The company had revenue of $330.60 million for the quarter. On average, equities research analysts predict that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.40 annualized dividend and a dividend yield of 3.1%. Horace Mann Educators’s dividend payout ratio (DPR) is presently 35.44%.

Insider Transactions at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 5,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $45.35, for a total value of $226,750.00. Following the completion of the sale, the chief executive officer directly owned 283,788 shares of the company’s stock, valued at $12,869,785.80. This represents a 1.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Henry Wade Reece sold 1,316 shares of Horace Mann Educators stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $45.27, for a total value of $59,575.32. Following the transaction, the director directly owned 39,001 shares in the company, valued at approximately $1,765,575.27. This trade represents a 3.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,398 shares of company stock valued at $697,298 over the last quarter. Company insiders own 4.00% of the company’s stock.

Institutional Investors Weigh In On Horace Mann Educators

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in Horace Mann Educators by 14.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,396 shares of the insurance provider’s stock valued at $335,000 after purchasing an additional 944 shares during the period. GAMMA Investing LLC boosted its stake in shares of Horace Mann Educators by 16.9% during the 4th quarter. GAMMA Investing LLC now owns 5,235 shares of the insurance provider’s stock worth $242,000 after acquiring an additional 757 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Horace Mann Educators by 40.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 120,002 shares of the insurance provider’s stock worth $5,420,000 after acquiring an additional 34,348 shares during the period. Caxton Associates LLP acquired a new stake in shares of Horace Mann Educators in the 3rd quarter worth approximately $820,000. Finally, Qube Research & Technologies Ltd increased its stake in Horace Mann Educators by 156.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 110,417 shares of the insurance provider’s stock valued at $4,988,000 after purchasing an additional 67,408 shares in the last quarter. 99.28% of the stock is owned by institutional investors and hedge funds.

Horace Mann Educators Company Profile

(Get Free Report)

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.

Further Reading

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