Horace Mann Educators Corporation (NYSE:HMN) Short Interest Update

Horace Mann Educators Corporation (NYSE:HMN) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 670,519 shares, a growth of 14.8% from the February 12th total of 584,084 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily volume of 228,233 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily volume of 228,233 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.7% of the shares of the stock are short sold.

Insider Buying and Selling

In other Horace Mann Educators news, Director Victor Fetter purchased 3,500 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average cost of $42.73 per share, with a total value of $149,555.00. Following the acquisition, the director owned 22,292 shares in the company, valued at approximately $952,537.16. This trade represents a 18.62% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.80% of the company’s stock.

Institutional Trading of Horace Mann Educators

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Horace Mann Educators by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock valued at $226,199,000 after buying an additional 78,079 shares in the last quarter. State Street Corp increased its stake in Horace Mann Educators by 4.7% during the fourth quarter. State Street Corp now owns 1,697,576 shares of the insurance provider’s stock worth $78,394,000 after acquiring an additional 76,295 shares during the last quarter. Geode Capital Management LLC raised its position in Horace Mann Educators by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 1,042,622 shares of the insurance provider’s stock valued at $48,156,000 after purchasing an additional 28,763 shares during the period. American Century Companies Inc. lifted its stake in shares of Horace Mann Educators by 13.3% in the 3rd quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock valued at $37,463,000 after purchasing an additional 97,366 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Horace Mann Educators by 1.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 744,369 shares of the insurance provider’s stock worth $33,623,000 after purchasing an additional 11,411 shares during the period. 99.28% of the stock is currently owned by institutional investors.

Horace Mann Educators Price Performance

NYSE HMN traded down $0.31 during trading on Tuesday, hitting $42.15. 94,488 shares of the stock traded hands, compared to its average volume of 250,945. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40. Horace Mann Educators has a 12-month low of $38.76 and a 12-month high of $48.33. The firm has a 50-day simple moving average of $43.30 and a 200-day simple moving average of $44.74. The company has a market capitalization of $1.70 billion, a P/E ratio of 10.83 and a beta of 0.07.

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

Horace Mann Educators Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Horace Mann Educators’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 3.4%. Horace Mann Educators’s payout ratio is currently 35.90%.

Analyst Ratings Changes

Several research firms have recently issued reports on HMN. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $47.33.

Horace Mann Educators Company Profile

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.