Horace Mann Educators Co. (HMN) Expected to Announce Earnings of $0.75 Per Share
Equities analysts forecast that Horace Mann Educators Co. (NYSE:HMN) will announce earnings of $0.75 per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Horace Mann Educators’ earnings. Horace Mann Educators posted earnings of $0.65 per share during the same quarter last year, which indicates a positive year over year growth rate of 15.4%. The business is expected to announce its next quarterly earnings report on Tuesday, February 5th.
According to Zacks, analysts expect that Horace Mann Educators will report full year earnings of $1.58 per share for the current financial year. For the next year, analysts anticipate that the company will post earnings of $2.60 per share. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Horace Mann Educators.
Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Tuesday, October 30th. The insurance provider reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.07. Horace Mann Educators had a return on equity of 4.53% and a net margin of 13.48%. The business had revenue of $311.40 million for the quarter.
In other Horace Mann Educators news, VP Kimberly A. Johnson sold 2,000 shares of Horace Mann Educators stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $46.10, for a total transaction of $92,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP John P. Mccarthy sold 5,000 shares of Horace Mann Educators stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $46.58, for a total value of $232,900.00. The disclosure for this sale can be found here. Insiders have sold a total of 34,440 shares of company stock valued at $1,581,800 in the last ninety days. Insiders own 2.20% of the company’s stock.
Hedge funds have recently bought and sold shares of the business. Integrated Investment Consultants LLC purchased a new position in Horace Mann Educators during the 2nd quarter valued at about $164,000. Ingalls & Snyder LLC purchased a new position in shares of Horace Mann Educators during the second quarter worth about $203,000. Xact Kapitalforvaltning AB purchased a new position in shares of Horace Mann Educators during the first quarter worth about $339,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Horace Mann Educators during the second quarter worth about $386,000. Finally, Dupont Capital Management Corp purchased a new position in shares of Horace Mann Educators during the third quarter worth about $397,000. 99.30% of the stock is owned by institutional investors and hedge funds.
Horace Mann Educators stock traded down $0.61 during midday trading on Friday, reaching $40.70. The stock had a trading volume of 95,608 shares, compared to its average volume of 186,103. Horace Mann Educators has a 12 month low of $37.37 and a 12 month high of $47.65. The stock has a market capitalization of $1.70 billion, a P/E ratio of 23.39 and a beta of 0.90. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.06 and a current ratio of 0.06.
About Horace Mann Educators
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates Property and Casualty Insurance, Annuity Products, and Life Insurance segments. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified annuities; and life insurance products.
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