Equities analysts expect that Horace Mann Educators Co. (NYSE:HMN) will announce earnings of $0.59 per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Horace Mann Educators’ earnings. Horace Mann Educators posted earnings of $0.37 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 59.5%. The firm is scheduled to announce its next earnings results on Monday, April 23rd.
On average, analysts expect that Horace Mann Educators will report full-year earnings of $2.30 per share for the current financial year. For the next fiscal year, analysts forecast that the business will report earnings of $2.65 per share. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Horace Mann Educators.
Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.09. Horace Mann Educators had a return on equity of 5.17% and a net margin of 14.46%. The business had revenue of $303.00 million for the quarter. During the same quarter in the prior year, the business posted $0.52 earnings per share. The company’s revenue was up 7.1% compared to the same quarter last year.
A number of hedge funds have recently made changes to their positions in the stock. MetLife Investment Advisors LLC purchased a new position in Horace Mann Educators during the 4th quarter worth $837,000. Millennium Management LLC grew its stake in Horace Mann Educators by 188.8% during the 4th quarter. Millennium Management LLC now owns 607,893 shares of the insurance provider’s stock worth $26,808,000 after buying an additional 397,389 shares during the last quarter. Two Sigma Advisers LP grew its stake in Horace Mann Educators by 36.4% during the 4th quarter. Two Sigma Advisers LP now owns 36,000 shares of the insurance provider’s stock worth $1,588,000 after buying an additional 9,600 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Horace Mann Educators by 100.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 148,795 shares of the insurance provider’s stock worth $6,562,000 after buying an additional 74,520 shares during the last quarter. Finally, Stone Ridge Asset Management LLC purchased a new position in Horace Mann Educators during the 4th quarter worth $559,000. Hedge funds and other institutional investors own 99.47% of the company’s stock.
Horace Mann Educators (HMN) opened at $42.95 on Wednesday. Horace Mann Educators has a fifty-two week low of $33.85 and a fifty-two week high of $47.65. The stock has a market capitalization of $1,750.00, a price-to-earnings ratio of 25.41 and a beta of 0.99. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.08 and a quick ratio of 0.08.
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Horace Mann Educators Company Profile
Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States.
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