Horace Mann Educators Corporation (HMN) Getting Somewhat Positive Press Coverage, Study Shows
Headlines about Horace Mann Educators Corporation (NYSE:HMN) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Horace Mann Educators Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 45.2226291873127 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research firms have recently commented on HMN. TheStreet raised shares of Horace Mann Educators Corporation from a “c+” rating to a “b-” rating in a research report on Wednesday, September 27th. BidaskClub cut shares of Horace Mann Educators Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. Keefe, Bruyette & Woods reissued a “sell” rating and set a $35.00 target price on shares of Horace Mann Educators Corporation in a research report on Friday, August 18th. Finally, 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. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Horace Mann Educators Corporation currently has an average rating of “Hold” and a consensus price target of $37.00.
Shares of Horace Mann Educators Corporation (NYSE:HMN) traded up 0.63% during mid-day trading on Wednesday, hitting $40.10. 32,618 shares of the company were exchanged. The stock’s 50-day moving average price is $37.44 and its 200 day moving average price is $37.89. The stock has a market cap of $1.63 billion, a PE ratio of 25.87 and a beta of 1.09. Horace Mann Educators Corporation has a 12-month low of $33.30 and a 12-month high of $44.15.
Horace Mann Educators Corporation (NYSE:HMN) last posted its quarterly earnings data on Monday, July 24th. The insurance provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.09). Horace Mann Educators Corporation had a net margin of 5.59% and a return on equity of 4.56%. The business had revenue of $291.40 million during the quarter, compared to the consensus estimate of $290.40 million. During the same period in the prior year, the company posted $0.25 earnings per share. The firm’s revenue was up 2.8% compared to the same quarter last year. On average, equities analysts anticipate that Horace Mann Educators Corporation will post $1.28 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.275 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.10 annualized dividend and a dividend yield of 2.76%. Horace Mann Educators Corporation’s dividend payout ratio is 70.97%.
In other news, Director Robert Stricker sold 3,500 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $39.35, for a total value of $137,725.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is currently owned by corporate insiders.
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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