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Horace Mann Educators Corporation  (HMN)
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Price: $35.1600 $-0.06 -0.170%
Day's High: $35.4 Week Perf: -1.01 %
Day's Low: $ 34.90 30 Day Perf: -6.49 %
Volume (M): 278 52 Wk High: $ 38.29
Volume (M$): $ 9,789 52 Wk Avg: $31.98
Open: $35.24 52 Wk Low: $27.81



 Market Capitalization (Millions $) 1,452
 Shares Outstanding (Millions) 41
 Employees 1,350
 Revenues (TTM) (Millions $) 1,492
 Net Income (TTM) (Millions $) 45
 Cash Flow (TTM) (Millions $) -13
 Capital Exp. (TTM) (Millions $) 0

Horace Mann Educators Corporation

Horace Mann Educators Corporation is an insurance holding company incorporated in Delaware. 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 of America (“U.S.”). HMECs principal insurance subsidiaries are Horace Mann Life Insurance Company (“HMLIC”), Horace Mann Insurance Company (“HMIC”), Horace Mann Property & Casualty Insurance Company (“HMPCIC”) and Teachers Insurance Company (“TIC”), each of which is an Illinois corporation, and Horace Mann Lloyds (“HM Lloyds”), an insurance company domiciled in Texas.

Founded by Educators for Educators®, the Company markets its products primarily to K-12 teachers, administrators and other employees of public schools and their families. The Companys nearly one million customers typically have moderate annual incomes, with many belonging to two-income households. Their financial planning tends to focus on retirement, security, savings and primary insurance needs. Management believes that Horace Mann is the largest national multiline insurance company focused on the nations educators as its primary market.

Horace Mann markets and services its products primarily through a dedicated sales force of full-time agents supported by the Company’s Customer Contact Center. These agents sell Horace Manns products and limited additional third-party vendor products. Some of these agents are former educators or individuals with close ties to the educational community who utilize their contacts within, and knowledge of, the target market. This dedicated agent sales force is supplemented by an independent agent distribution channel for the Company’s annuity products.

The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: property and casualty insurance, annuity products, and life insurance. The Company does not allocate the impact of corporate-level transactions to the insurance segments, consistent with the basis for management’s evaluation of the results of those segments, but classifies those items in the fourth segment, corporate and other.


The Company is one of the largest participants in the K-12 portion of the 403(b) tax-qualified annuity market, measured by 403(b) net written premium on a statutory accounting basis. The Companys 403(b) tax-qualified annuities are voluntarily purchased by individuals employed by public school systems or other tax-exempt organizations through the employee benefit plans of those entities. The Company has 403(b) payroll deduction capabilities utilized by approximately one-third of the 13,500 public school districts in the U.S.

The Horace Mann Value Proposition articulates the Companys overarching strategy and business purpose: Provide lifelong financial well-being for educators and their families through personalized service, advice, and a full range of tailored insurance and financial products.



   Company Address: 1 Horace Mann Plaza Springfield 62715 IL
   Company Phone Number: 789-2500   Stock Exchange / Ticker: NYSE HMN
    Next quarterly dividend pay out on March 29, 2024.


Customers Net Income fell by HMN's Customers Net Profit Margin fell to

-17.92 %

8.33 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -0.72%    
HIG        0.72% 
L        1% 
MKL        0.74% 
PGR        3.75% 
TRV        0.66% 
• View Complete Report
   



Dividend

Horace Mann Educators Corporation Demonstrates Unyielding Commitment to Shareholders with 16th Consecutive Annual Dividend Increase

Published Mon, Mar 4 2024 1:00 PM UTC

Horace Mann Educators Corporation Approves 16th Consecutive Annual Dividend Increase
Horace Mann Educators Corporation (NYSE:HMN) recently announced that its Board of Directors has approved a 3.0% increase in the quarterly cash dividend, setting it at $0.34 per share. This signifies an indicated annual dividend of $1.36 per share. Shareholders can expect the payout on Ma...

Horace Mann Educators Corporation

Horace Mann Educators Corporation Reports Exceptional Growth and Profitability in Recent Fiscal Period

Horace Mann Educators Corporation has truly shown remarkable growth and improvement in their recent fiscal period. With profits turning positive at $0.96 per share compared to a loss of $1.96 a year before, and with EPS growing by a staggering 241.58%, it's clear that the company is on a positive trajectory.
Revenue has also seen a significant increase, up by 12.104% to $402.90 million from the previous year. The company's focus on improving profit margins is evident, with net margin rising to 9.8% and operating margin increasing to 40.73%. Operating earnings have seen a healthy rise of 42.82% to $164.1 million.

Product Service News

Horace Mann Launches New Digital Experience, Boosting Efficiency and Revenue Growth for Educators

Published Tue, Feb 13 2024 3:00 PM UTC

The enhanced digital experience allows educators to seamlessly engage with the company at their convenience, offering a modern and mobile-ready appearance. Educators can easily request a quote, find an agent, and explore the wide range of product offerings and value-added programs that Horace Mann provides.In the third quarter, Horace Mann Educators Corporation's corporate c...

Dividend

Horace Mann Educators Corporation Declares Quarterly Dividend: Ensuring Financial Success for America's Educators and Community Servants

Published Mon, Dec 4 2023 9:15 PM UTC



In a recent press release, Horace Mann Educators Corporation (NYSE:HMN) announced the declaration of a regular quarterly cash dividend of $0.33 per share. As the largest financial services company aimed at assisting American educators and community members in achieving lifelong financial success, Horace Mann continues to demonstrate its commitment to shareholders w...

Horace Mann Educators Corporation

Impressive Revenue Surge: HMN Achieves Remarkable 10.408% Growth During Recent Fiscal Period

Horace Mann Educators Corporation (HMN), a Property & Casualty Insurance company, recently released its financial results for the third quarter of 2023. While the company experienced an improvement in revenue, there was a significant decline in earnings per share (EPS), which raises concerns about the company's financial health.
In spite of a revenue increase of 10.408% to $378.70 million, compared to the same quarter a year before, HMN's EPS fell by -15.15% to $0.28 per share. This decline in earnings is alarming and indicates that the company's profitability has taken a hit.






 

Horace Mann Educators's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Horace Mann Educators does not provide revenue guidance.

Earnings Outlook
Horace Mann Educators Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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