Horace Mann Educators (NYSE:HMN) Reaches New 1-Year High – What’s Next?

Horace Mann Educators Corporation (NYSE:HMN) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $49.71 and last traded at $49.3850, with a volume of 10249 shares traded. The stock had previously closed at $48.68.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Horace Mann Educators has a consensus rating of “Buy” and a consensus target price of $46.50.

Horace Mann Educators Price Performance

The company has a market capitalization of $2.01 billion, a P/E ratio of 12.48 and a beta of 0.11. The company has a fifty day moving average price of $46.15 and a 200 day moving average price of $44.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.18. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The business had revenue of $429.30 million for the quarter, compared to analysts’ expectations of $319.10 million. During the same period in the prior year, the firm earned $1.07 EPS. The business’s quarterly revenue was up 3.1% on a year-over-year basis. On average, sell-side analysts forecast that Horace Mann Educators Corporation will post 4.49 EPS for the current fiscal year.

Horace Mann Educators Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.36 per share. The ex-dividend date is Monday, June 15th. This represents a $1.44 annualized dividend and a dividend yield of 2.9%. Horace Mann Educators’s dividend payout ratio is currently 36.18%.

Insider Transactions at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $46.25, for a total transaction of $346,875.00. Following the completion of the transaction, the chief executive officer directly owned 307,812 shares of the company’s stock, valued at $14,236,305. The trade was a 2.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the transaction, the director owned 14,797 shares of the company’s stock, valued at approximately $629,464.38. This trade represents a 6.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 23,581 shares of company stock worth $1,085,204. Corporate insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Horace Mann Educators

A number of hedge funds have recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in Horace Mann Educators by 36.2% in the 1st quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock worth $352,000 after buying an additional 2,194 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after acquiring an additional 1,064 shares during the period. Caxton Associates LLP bought a new stake in Horace Mann Educators during the 1st quarter valued at $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Horace Mann Educators by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after acquiring an additional 7,542 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Horace Mann Educators by 313.8% during the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock worth $3,916,000 after acquiring an additional 69,492 shares during the period. Institutional investors own 99.28% of the company’s stock.

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.