Horace Mann Educators Corporation (HMN) to Issue Quarterly Dividend of $0.36 on March 31st

Horace Mann Educators Corporation (NYSE:HMN) declared a quarterly dividend on Friday, February 27th. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.36 per share by the insurance provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a 2.9% increase from Horace Mann Educators’s previous quarterly dividend of $0.35.

Horace Mann Educators has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 17 years. Horace Mann Educators has a payout ratio of 32.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Horace Mann Educators to earn $4.22 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 34.1%.

Horace Mann Educators Trading Down 0.7%

Shares of HMN stock opened at $42.31 on Friday. Horace Mann Educators has a 12-month low of $38.76 and a 12-month high of $48.33. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40. The firm’s 50 day moving average is $43.36 and its 200 day moving average is $44.77. The stock has a market capitalization of $1.71 billion, a P/E ratio of 10.85 and a beta of 0.06.

Horace Mann Educators (NYSE:HMN) last announced its earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. The business had revenue of $434.80 million during the quarter. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. Research analysts expect that Horace Mann Educators will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, Director Victor Fetter acquired 3,500 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average price of $42.73 per share, with a total value of $149,555.00. Following the transaction, the director directly owned 22,292 shares in the company, valued at approximately $952,537.16. The trade was a 18.62% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 4.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Horace Mann Educators

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its holdings in Horace Mann Educators by 51.6% during the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock valued at $29,971,000 after purchasing an additional 225,800 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Horace Mann Educators by 43.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 732,958 shares of the insurance provider’s stock worth $31,495,000 after buying an additional 220,275 shares during the period. Millennium Management LLC raised its stake in shares of Horace Mann Educators by 310.0% in the third quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock worth $12,427,000 after buying an additional 208,014 shares during the period. American Century Companies Inc. lifted its position in shares of Horace Mann Educators by 33.1% during the 2nd quarter. American Century Companies Inc. now owns 732,010 shares of the insurance provider’s stock valued at $31,454,000 after buying an additional 181,872 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Horace Mann Educators by 32.0% during the 3rd quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock valued at $29,164,000 after acquiring an additional 156,652 shares during the period. 99.28% of the stock is currently owned by hedge funds and other institutional investors.

About Horace Mann Educators

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.