Wall Street Zen Upgrades Horace Mann Educators (NYSE:HMN) to “Buy”

Horace Mann Educators (NYSE:HMN) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $46.75.

Horace Mann Educators Stock Up 0.3%

HMN stock opened at $46.66 on Friday. The stock has a market cap of $1.90 billion, a PE ratio of 11.81 and a beta of 0.08. The firm’s 50-day simple moving average is $45.29 and its 200 day simple moving average is $44.30. Horace Mann Educators has a fifty-two week low of $36.20 and a fifty-two week high of $48.33. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Monday, April 3rd. The insurance provider reported $1.18 EPS for the quarter. The company had revenue of $330.60 million for the quarter. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. As a group, sell-side analysts predict that Horace Mann Educators will post 3.87 EPS for the current year.

Insider Buying and Selling at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were 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 in the company, valued at approximately $12,869,785.80. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Beverley J. Mcclure sold 1,082 shares of Horace Mann Educators stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $45.40, for a total transaction of $49,122.80. Following the completion of the transaction, the director owned 16,733 shares in the company, valued at approximately $759,678.20. This trade represents a 6.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 20,398 shares of company stock worth $921,348. Company insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On Horace Mann Educators

Several large investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new stake in shares of Horace Mann Educators during the third quarter worth $29,000. Smartleaf Asset Management LLC increased its stake in Horace Mann Educators by 49.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Horace Mann Educators by 222.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after buying an additional 627 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Horace Mann Educators during the second quarter valued at about $47,000. Finally, Blue Trust Inc. boosted its holdings in shares of 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 buying an additional 298 shares during the period. 99.28% of the stock is owned by institutional investors.

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.