Horace Mann Educators (NYSE:HMN) Sets New 52-Week High – Still a Buy?

Horace Mann Educators Corporation (NYSE:HMN)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $48.69 and last traded at $48.5910, with a volume of 11677 shares trading hands. The stock had previously closed at $47.67.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $46.50.

Horace Mann Educators Stock Up 0.4%

The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 12.23 and a beta of 0.11. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average price of $45.54 and a 200-day moving average price of $44.55.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Friday, May 8th. The insurance provider reported $1.28 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $429.30 million during the quarter, compared to analyst estimates of $319.10 million. During the same period in the prior year, the firm posted $1.07 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.0%. Horace Mann Educators’s dividend payout ratio is currently 36.18%.

Insider Activity

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 1,081 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the transaction, the director owned 14,797 shares of the company’s stock, valued at $629,464.38. This trade represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 322,812 shares in the company, valued at approximately $14,901,001.92. This represents a 2.27% 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. Over the last quarter, insiders have sold 23,581 shares of company stock worth $1,085,204. Insiders own 3.60% of the company’s stock.

Institutional Trading of Horace Mann Educators

A number of institutional investors and hedge funds have recently made changes to their positions in HMN. Edgestream Partners L.P. boosted its holdings in Horace Mann Educators by 621.0% in the first quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock valued at $6,961,000 after acquiring an additional 140,481 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Horace Mann Educators by 24.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock worth $51,000 after acquiring an additional 234 shares during the last quarter. Royal Bank of Canada increased its stake in Horace Mann Educators by 390.4% during the first quarter. Royal Bank of Canada now owns 39,484 shares of the insurance provider’s stock worth $1,685,000 after acquiring an additional 31,432 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Horace Mann Educators by 2.7% in the 1st quarter. Empowered Funds LLC now owns 194,776 shares of the insurance provider’s stock worth $8,313,000 after purchasing an additional 5,200 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Horace Mann Educators by 225.2% in the 1st quarter. Quantinno Capital Management LP now owns 73,627 shares of the insurance provider’s stock worth $3,142,000 after purchasing an additional 50,984 shares during the period. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Company Profile

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.