Horace Mann Educators Corporation (NYSE:HMN - Get Free Report) CEO Marita Zuraitis sold 7,500 shares of the business's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00. Following the completion of the transaction, the chief executive officer owned 322,812 shares in the company, valued at $14,901,001.92. This represents a 2.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Horace Mann Educators Stock Performance
Shares of HMN stock opened at $45.81 on Tuesday. Horace Mann Educators Corporation has a 12 month low of $40.04 and a 12 month high of $48.33. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $1.85 billion, a P/E ratio of 11.75 and a beta of 0.04. The company's fifty day moving average price is $43.48 and its two-hundred day moving average price is $44.32.
Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly earnings data on Friday, February 27th. The insurance provider reported $1.21 EPS for the quarter. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. The firm had revenue of $434.80 million for the quarter. On average, research analysts anticipate that Horace Mann Educators Corporation will post 4.36 earnings per share for the current fiscal 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 paid a dividend of $0.36 per share. This is an increase from Horace Mann Educators's previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, March 17th. This represents a $1.44 annualized dividend and a dividend yield of 3.1%. Horace Mann Educators's dividend payout ratio (DPR) is currently 36.92%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on HMN shares. Wall Street Zen cut Horace Mann Educators from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Horace Mann Educators in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Horace Mann Educators has a consensus rating of "Buy" and a consensus target price of $47.33.
View Our Latest Research Report on HMN
Institutional Investors Weigh In On Horace Mann Educators
Hedge funds and other institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd bought a new stake in shares of Horace Mann Educators in the 3rd quarter worth about $29,000. Smartleaf Asset Management LLC raised its position in shares of Horace Mann Educators by 49.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider's stock valued at $31,000 after acquiring an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Horace Mann Educators by 222.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider's stock valued at $39,000 after acquiring an additional 627 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Horace Mann Educators during the 4th quarter valued at approximately $51,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Horace Mann Educators during the 4th quarter valued at approximately $51,000. Institutional investors own 99.28% of the company's stock.
Horace Mann Educators Company Profile
(
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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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