Analysts Set Horace Mann Educators Corporation (NYSE:HMN) Price Target at $46.75

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

Several brokerages have recently commented on HMN. Wall Street Zen raised shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research note on Friday, October 31st.

Horace Mann Educators Stock Performance

Shares of Horace Mann Educators stock opened at $46.54 on Thursday. The business has a 50-day moving average price of $45.51 and a two-hundred day moving average price of $44.42. Horace Mann Educators has a 1-year low of $36.20 and a 1-year high of $48.33. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.58. The company has a market cap of $1.89 billion, a P/E ratio of 11.78 and a beta of 0.08.

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

Horace Mann Educators Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.35 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.40 annualized dividend and a dividend yield of 3.0%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 35.44%.

Insider Transactions at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 5,000 shares of Horace Mann Educators stock in a transaction on Monday, December 1st. The shares were sold at an average price of $45.35, for a total value of $226,750.00. Following the completion of the sale, the chief executive officer owned 283,788 shares of the company’s stock, valued at approximately $12,869,785.80. This trade represents a 1.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 sale, the director owned 39,001 shares of the company’s stock, valued at $1,765,575.27. This trade represents a 3.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 20,398 shares of company stock worth $921,348. 3.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd acquired a new stake in shares of Horace Mann Educators in the 3rd quarter worth about $29,000. Smartleaf Asset Management LLC increased its holdings in Horace Mann Educators by 49.7% during 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 stake in shares of 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 purchasing an additional 627 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Horace Mann Educators in the second quarter valued at approximately $47,000. Finally, Blue Trust Inc. boosted its position in shares of Horace Mann Educators by 33.0% during the third quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock valued at $54,000 after buying an additional 298 shares during the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

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.