Key Points
- Director Beverley Mcclure sold 1,081 shares of Horace Mann (NYSE:HMN) on April 1 at an average price of $42.54 under a pre-arranged Rule 10b5‑1 plan, trimming her position by 6.81% to 14,797 shares (≈$629,464).
- Dividend increased: the company raised its quarterly payout to $0.36 (paid March 31), equal to $1.44 annualized and a ~3.3% yield, up from the prior $0.35 quarterly dividend.
- Recent results and market view: Horace Mann posted quarterly EPS of $1.21 on $434.8M revenue, trades at a P/E of 11.08 with a $1.75B market cap, and carries a MarketBeat consensus "Buy" with an average target of $47.33.
Horace Mann Educators Corporation (NYSE:HMN - Get Free Report) Director Beverley Mcclure sold 1,081 shares of Horace Mann Educators stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total value of $45,985.74. Following the sale, the director owned 14,797 shares in the company, valued at $629,464.38. This trade represents a 6.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Horace Mann Educators Stock Up 0.0%
Horace Mann Educators stock opened at $43.23 on Friday. The company has a market capitalization of $1.75 billion, a P/E ratio of 11.08 and a beta of 0.04. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.10 and a current ratio of 0.10. Horace Mann Educators Corporation has a fifty-two week low of $38.76 and a fifty-two week high of $48.33. The stock has a 50-day simple moving average of $43.00 and a 200-day simple moving average of $44.37.
Horace Mann Educators (NYSE:HMN - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share (EPS) for the quarter. The firm had revenue of $434.80 million for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%. Equities research analysts expect that Horace Mann Educators Corporation will post 3.87 earnings per share for the current year.
Horace Mann Educators Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Horace Mann Educators's previous quarterly dividend of $0.35. Horace Mann Educators's dividend payout ratio is presently 36.92%.
Institutional Trading of Horace Mann Educators
Several hedge funds have recently modified their holdings of HMN. Aster Capital Management DIFC Ltd purchased a new stake in shares of Horace Mann Educators in the third quarter valued at approximately $29,000. Smartleaf Asset Management LLC grew its holdings in Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider's stock worth $31,000 after acquiring an additional 232 shares during the period. EverSource Wealth Advisors LLC raised its position in Horace Mann Educators by 222.3% in the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider's stock worth $39,000 after acquiring an additional 627 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Horace Mann Educators in the fourth quarter worth $51,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Horace Mann Educators in the fourth quarter valued at $51,000. 99.28% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts recently weighed in on HMN shares. Wall Street Zen cut shares of Horace Mann Educators from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. Weiss Ratings restated a "buy (b)" rating on shares of Horace Mann Educators in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $47.33.
Check Out Our Latest Analysis on HMN
About Horace Mann Educators
(
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.
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