Equities research analysts expect that Horace Mann Educators Co. (NYSE:HMN) will report earnings of $0.62 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Horace Mann Educators’ earnings. Horace Mann Educators reported earnings of $0.52 per share during the same quarter last year, which would indicate a positive year over year growth rate of 19.2%. The business is expected to report its next quarterly earnings results on Monday, February 5th.

On average, analysts expect that Horace Mann Educators will report full year earnings of $1.70 per share for the current fiscal year. For the next year, analysts anticipate that the business will report earnings of $2.30 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Horace Mann Educators.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Tuesday, October 24th. The insurance provider reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.47. Horace Mann Educators had a return on equity of 4.94% and a net margin of 5.56%. The firm had revenue of $289.80 million for the quarter, compared to analysts’ expectations of $293.10 million. During the same period in the prior year, the business posted $0.58 earnings per share. The business’s revenue was down .5% compared to the same quarter last year.

A number of research firms have commented on HMN. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Horace Mann Educators in a research note on Wednesday, December 6th. Zacks Investment Research downgraded Horace Mann Educators from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 26th. Finally, TheStreet upgraded Horace Mann Educators from a “c+” rating to a “b-” rating in a report on Wednesday, September 27th.

In related news, Director Robert Stricker sold 3,829 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total transaction of $175,176.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.40% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisor Group Inc. lifted its position in shares of Horace Mann Educators by 32.0% in the second quarter. Advisor Group Inc. now owns 3,023 shares of the insurance provider’s stock valued at $114,000 after buying an additional 733 shares during the last quarter. Stifel Financial Corp acquired a new stake in Horace Mann Educators during the 3rd quarter worth approximately $203,000. Amalgamated Bank lifted its holdings in Horace Mann Educators by 1.4% during the 2nd quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock worth $210,000 after purchasing an additional 78 shares during the last quarter. CIBC Asset Management Inc bought a new position in Horace Mann Educators during the 3rd quarter worth $214,000. Finally, Piedmont Investment Advisors LLC bought a new position in Horace Mann Educators during the 2nd quarter worth $331,000. 98.26% of the stock is owned by hedge funds and other institutional investors.

Horace Mann Educators (HMN) traded down $0.35 during trading on Friday, reaching $44.10. The company’s stock had a trading volume of 177,100 shares, compared to its average volume of 160,631. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $1,793.42, a price-to-earnings ratio of 28.64 and a beta of 1.17. Horace Mann Educators has a one year low of $33.85 and a one year high of $47.65.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 18th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.49%. Horace Mann Educators’s payout ratio is presently 71.43%.

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About Horace Mann Educators

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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