Analysts predict that Horace Mann Educators Corporation (NYSE:HMN) will post earnings per share (EPS) of $0.41 for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Horace Mann Educators Corporation’s earnings. Horace Mann Educators Corporation reported earnings of $0.58 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 29.3%. The business is expected to report its next quarterly earnings report on Monday, October 30th.

On average, analysts expect that Horace Mann Educators Corporation will report full year earnings of $1.25 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the business will report earnings of $2.25 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Horace Mann Educators Corporation.

Horace Mann Educators Corporation (NYSE:HMN) last issued its quarterly earnings data on Monday, July 24th. The insurance provider reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.09). The firm had revenue of $291.40 million for the quarter, compared to the consensus estimate of $290.40 million. Horace Mann Educators Corporation had a return on equity of 4.56% and a net margin of 5.59%. Horace Mann Educators Corporation’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 earnings per share.

HMN has been the subject of several analyst reports. Keefe, Bruyette & Woods restated a “sell” rating and issued a $37.00 target price on shares of Horace Mann Educators Corporation in a research report on Friday, May 26th. Zacks Investment Research cut shares of Horace Mann Educators Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. TheStreet cut shares of Horace Mann Educators Corporation from a “b” rating to a “c+” rating in a research report on Monday, August 28th. Finally, BidaskClub cut shares of Horace Mann Educators Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Horace Mann Educators Corporation has a consensus rating of “Hold” and a consensus target price of $38.50.

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Shares of Horace Mann Educators Corporation (NYSE:HMN) traded up 2.10% during mid-day trading on Friday, reaching $36.50. 163,622 shares of the company’s stock traded hands. The stock has a market cap of $1.48 billion, a PE ratio of 23.53 and a beta of 1.07. Horace Mann Educators Corporation has a 12 month low of $33.30 and a 12 month high of $44.15. The firm has a 50 day moving average price of $36.44 and a 200-day moving average price of $38.33.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 3.01%. The ex-dividend date is Thursday, September 14th. Horace Mann Educators Corporation’s payout ratio is presently 70.97%.

In other news, CFO Bret A. Conklin sold 4,085 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $37.95, for a total value of $155,025.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.40% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in HMN. BlackRock Inc. increased its position in Horace Mann Educators Corporation by 51,596.4% during the 1st quarter. BlackRock Inc. now owns 5,338,174 shares of the insurance provider’s stock worth $219,132,000 after purchasing an additional 5,327,848 shares in the last quarter. Victory Capital Management Inc. increased its position in Horace Mann Educators Corporation by 26.1% during the 1st quarter. Victory Capital Management Inc. now owns 1,582,823 shares of the insurance provider’s stock worth $64,975,000 after purchasing an additional 328,070 shares in the last quarter. Vanguard Group Inc. increased its position in Horace Mann Educators Corporation by 6.1% during the 1st quarter. Vanguard Group Inc. now owns 3,707,533 shares of the insurance provider’s stock worth $152,194,000 after purchasing an additional 212,640 shares in the last quarter. Great Lakes Advisors LLC increased its position in Horace Mann Educators Corporation by 133.1% during the 1st quarter. Great Lakes Advisors LLC now owns 262,536 shares of the insurance provider’s stock worth $10,777,000 after purchasing an additional 149,890 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its position in Horace Mann Educators Corporation by 36.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 514,633 shares of the insurance provider’s stock worth $19,453,000 after purchasing an additional 136,280 shares in the last quarter. Institutional investors and hedge funds own 98.26% of the company’s stock.

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

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