Horace Mann Educators (NYSE:HMN) Reaches New 52-Week High – Here’s Why

Horace Mann Educators Corporation (NYSE:HMN)’s share price reached a new 52-week high on Monday . The stock traded as high as $54.54 and last traded at $54.4950, with a volume of 51494 shares changing hands. The stock had previously closed at $53.85.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Strong Buy” and an average price target of $48.00.

Horace Mann Educators Stock Up 1.1%

The stock’s 50 day simple moving average is $47.52 and its two-hundred day simple moving average is $45.15. The firm has a market cap of $2.20 billion, a P/E ratio of 13.69 and a beta of 0.09. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. The company had revenue of $429.30 million during the quarter, compared to analyst estimates of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. As a group, research analysts forecast that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.

Horace Mann Educators Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.36 per share. The ex-dividend date was Monday, June 15th. This represents a $1.44 annualized dividend and a dividend yield of 2.6%. Horace Mann Educators’s dividend payout ratio (DPR) is presently 36.18%.

Insider Activity

In related news, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $46.16, for a total value of $346,200.00. Following the transaction, the chief executive officer owned 322,812 shares in the company, valued at $14,901,001.92. The trade was a 2.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 30,000 shares of company stock valued at $1,433,868. 3.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HMN. Royal Bank of Canada grew its holdings in shares of Horace Mann Educators by 36.2% during the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after buying an additional 2,194 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after acquiring an additional 1,064 shares in the last quarter. Caxton Associates LLP purchased a new stake in Horace Mann Educators during the 1st quarter valued at $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Horace Mann Educators by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after purchasing an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Horace Mann Educators by 313.8% in the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock worth $3,916,000 after purchasing an additional 69,492 shares in the last quarter. 99.28% of the stock is owned by hedge funds and other institutional investors.

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.