Horace Mann Educators Corporation (NYSE:HMN) Receives $46.75 Consensus PT from Brokerages

Shares of Horace Mann Educators Corporation (NYSE:HMN) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $46.75.

A number of equities research analysts have recently weighed in on HMN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research note on Friday, October 31st. Wall Street Zen upgraded Horace Mann Educators from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st.

Insider Activity

In other Horace Mann Educators news, Director Henry Wade Reece sold 1,316 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $45.27, for a total transaction of $59,575.32. Following the transaction, the director directly owned 39,001 shares of the company’s stock, valued at approximately $1,765,575.27. The trade was a 3.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marita Zuraitis sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $45.35, for a total transaction 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 approximately $12,869,785.80. This represents a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,398 shares of company stock worth $697,298 in the last quarter. Insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On Horace Mann Educators

Institutional investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new stake in Horace Mann Educators during the 3rd quarter valued at approximately $29,000. Smartleaf Asset Management LLC lifted its stake in shares of Horace Mann Educators by 49.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 232 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 627 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $47,000. Finally, Blue Trust Inc. grew its stake in Horace Mann Educators by 33.0% in the third quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 298 shares during the period. 99.28% of the stock is owned by institutional investors.

Horace Mann Educators Trading Down 1.5%

Shares of HMN opened at $42.72 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.10 and a current ratio of 0.10. Horace Mann Educators has a fifty-two week low of $37.36 and a fifty-two week high of $48.33. The firm has a 50 day moving average price of $45.16 and a 200-day moving average price of $44.62. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 10.82 and a beta of 0.07.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Friday, November 7th. The insurance provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.39. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The company had revenue of $438.50 million for the quarter, compared to analysts’ expectations of $429.90 million. During the same quarter last year, the company earned $0.76 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. As a group, equities research analysts forecast that Horace Mann Educators will post 3.87 earnings per share for the current year.

Horace Mann Educators Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, December 15th. Horace Mann Educators’s dividend payout ratio is currently 35.44%.

About Horace Mann Educators

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.