$0.55 Earnings Per Share Expected for Horace Mann Educators Co. (HMN) This Quarter

Wall Street analysts expect that Horace Mann Educators Co. (NYSE:HMN) will report earnings of $0.55 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Horace Mann Educators’ earnings. Horace Mann Educators reported earnings of $0.37 per share in the same quarter last year, which suggests a positive year over year growth rate of 48.6%. The company is expected to announce its next quarterly earnings report after the market closes on Tuesday, April 24th.

On average, analysts expect that Horace Mann Educators will report full year earnings of $2.25 per share for the current year. For the next fiscal year, analysts expect that the business will report earnings of $2.65 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Horace Mann Educators.

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Horace Mann Educators (NYSE:HMN) last issued its earnings results on Tuesday, February 6th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter. During the same period last year, the business earned $0.52 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year.

A number of brokerages have issued reports on HMN. Zacks Investment Research raised Horace Mann Educators from a “strong sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine raised Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Finally, Keefe, Bruyette & Woods set a $43.00 target price on Horace Mann Educators and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $46.50.

Shares of HMN opened at $43.80 on Tuesday. Horace Mann Educators has a 52-week low of $33.85 and a 52-week high of $47.65. The firm has a market capitalization of $1,775.98, a price-to-earnings ratio of 25.17 and a beta of 0.95. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.08 and a quick ratio of 0.08.

The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Monday, March 19th were paid a $0.285 dividend. The ex-dividend date of this dividend was Friday, March 16th. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.28. This represents a $1.14 dividend on an annualized basis and a dividend yield of 2.60%. Horace Mann Educators’s dividend payout ratio (DPR) is 65.52%.

In related news, CFO Bret A. Conklin sold 2,938 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $42.81, for a total transaction of $125,775.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.10% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of the stock. Baldwin Brothers Inc. MA increased its position in shares of Horace Mann Educators by 2.4% during the 4th quarter. Baldwin Brothers Inc. MA now owns 53,393 shares of the insurance provider’s stock worth $2,355,000 after purchasing an additional 1,240 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Horace Mann Educators by 1.1% during the 3rd quarter. California Public Employees Retirement System now owns 120,225 shares of the insurance provider’s stock worth $4,731,000 after purchasing an additional 1,325 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Horace Mann Educators by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 277,898 shares of the insurance provider’s stock worth $12,256,000 after purchasing an additional 1,340 shares during the last quarter. American International Group Inc. increased its position in shares of Horace Mann Educators by 5.8% during the 3rd quarter. American International Group Inc. now owns 32,359 shares of the insurance provider’s stock worth $1,273,000 after purchasing an additional 1,778 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of Horace Mann Educators by 3.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 58,960 shares of the insurance provider’s stock worth $2,600,000 after purchasing an additional 2,000 shares during the last quarter. 98.26% of the stock is owned by hedge funds and other institutional investors.

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Horace Mann Educators Company Profile

Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates Property and Casualty Insurance, Annuity Products, and Life Insurance segments. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified annuities; and life insurance products.

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Earnings History and Estimates for Horace Mann Educators (NYSE:HMN)

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