Horace Mann Educators Co. (HMN) Expected to Announce Earnings of $0.55 Per Share

Equities analysts expect Horace Mann Educators Co. (NYSE:HMN) to post $0.55 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Horace Mann Educators’ earnings. Horace Mann Educators reported earnings per share of $0.69 in the same quarter last year, which would suggest a negative year over year growth rate of 20.3%. The company is expected to report its next quarterly earnings report on Tuesday, October 23rd.

On average, analysts expect that Horace Mann Educators will report full year earnings of $1.95 per share for the current financial year. For the next year, analysts anticipate that the firm will report earnings of $2.60 per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Horace Mann Educators.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings data on Thursday, August 2nd. The insurance provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). Horace Mann Educators had a net margin of 14.89% and a return on equity of 5.90%. The business had revenue of $306.20 million for the quarter.

Separately, Zacks Investment Research raised Horace Mann Educators from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Wednesday, July 18th.

In other Horace Mann Educators news, SVP John P. Mccarthy sold 5,000 shares of the stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $46.58, for a total value of $232,900.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Kimberly A. Johnson sold 2,000 shares of the stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $46.10, for a total value of $92,200.00. The disclosure for this sale can be found here. In the last three months, insiders sold 34,440 shares of company stock worth $1,581,800. 2.20% of the stock is owned by corporate insiders.

Hedge funds have recently bought and sold shares of the business. Integrated Investment Consultants LLC bought a new position in Horace Mann Educators in the second quarter valued at about $164,000. Ingalls & Snyder LLC bought a new position in Horace Mann Educators in the second quarter valued at about $203,000. Xact Kapitalforvaltning AB bought a new position in Horace Mann Educators in the first quarter valued at about $339,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Horace Mann Educators in the second quarter valued at about $386,000. Finally, NJ State Employees Deferred Compensation Plan raised its stake in shares of Horace Mann Educators by 40.0% in the second quarter. NJ State Employees Deferred Compensation Plan now owns 14,000 shares of the insurance provider’s stock worth $624,000 after buying an additional 4,000 shares during the period. 99.30% of the stock is currently owned by institutional investors.

Horace Mann Educators stock opened at $39.69 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.06 and a current ratio of 0.06. Horace Mann Educators has a one year low of $37.50 and a one year high of $47.65. The firm has a market cap of $1.66 billion, a P/E ratio of 20.49 and a beta of 0.73.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Friday, September 14th were given a dividend of $0.285 per share. The ex-dividend date was Thursday, September 13th. This represents a $1.14 annualized dividend and a dividend yield of 2.87%. Horace Mann Educators’s dividend payout ratio (DPR) is presently 65.52%.

About Horace Mann Educators

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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