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Horace Mann Educators Corporation logo

Horace Mann Educators Corporation

HMN

NYSEFinancial ServicesInsurance - Property & Casualty

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Previous close

$51.16

+$0.75 · +1.49%

Aug 24, 10:08 AM ET

HMN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

88

Deep Value

Momentum

58

Neutral

Sentiment

63

Bullish

Risk resilience

83

Low Risk

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Company profile

Company website

Horace Mann Educators Corporation functions as an insurance holding company, conducting its operations through various subsidiaries throughout the United States. The company is structured into three main divisions: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits. It offers a comprehensive suite of personal insurance options, such as automobile and home coverage. Additionally, Horace Mann provides supplemental protection plans, addressing specific needs like cancer, cardiac conditions, hospitalization, extended disability, and accidental injuries. For financial planning, the corporation delivers tax-advantaged fixed and variable annuities, alongside a range of life insurance products including whole life, term life, and indexed universal life policies. Beyond insurance, the company also assists educators with student loan management via online platforms. Its extensive portfolio of services is distributed by a dedicated network of full-time, exclusive agents, primarily targeting K-12 teachers, school administrators, other public school personnel, and their families. Established in 1945, Horace Mann Educators Corporation is headquartered in Springfield, Illinois.

Industry
Insurance - Property & Casualty
Sector
Financial Services
Headquarters
US
CEO
Marita Zuraitis
Listed since
Nov 15, 1991
Employees
1,800

Market position

Day range

Current $51.16 above range

52-week range

Current $51.16

Open
$50.75
Previous close
$50.41
Volume
202.59K
0.8× average
Average volume
251.7K
Average daily volume
Market cap
2.04B USD
Beta
0.1
Market reference 1
50-day average
$51.5634
-0.78% below average
200-day average
$46.3685
+10.33% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.49B USD
P/E (TTM)
11.87×
P/B (TTM)
1.39×
P/S (TTM)
1.21×
EV / EBITDA
9.39×
Earnings yield
8.45%
Free cash flow yield
28.82%
Dividend yield
2.78%

Profitability & efficiency

Gross margin
48.28%
Operating margin
12.66%
Net margin
10.37%
Return on equity
10.93%
Return on assets
1.06%
Return on invested capital
1.06%

Financial health

Debt / equity
0.4×
Current ratio
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%25%11%-2%Gross margin, FY2021: 32.71%Gross margin, FY2022: 24.79%Gross margin, FY2023: 24.90%Gross margin, FY2024: 30.86%Gross margin, FY2025: 35.20%Operating margin, FY2021: 16.80%Operating margin, FY2022: 1.23%Operating margin, FY2023: 3.72%Operating margin, FY2024: 8.29%Operating margin, FY2025: 12.38%Net margin, FY2021: 13.63%Net margin, FY2022: 1.48%Net margin, FY2023: 3.14%Net margin, FY2024: 6.63%Net margin, FY2025: 9.98%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.71%. Gross margin FY2022 24.79%. Gross margin FY2023 24.90%. Gross margin FY2024 30.86%. Gross margin FY2025 35.20%. Operating margin FY2021 16.80%. Operating margin FY2022 1.23%. Operating margin FY2023 3.72%. Operating margin FY2024 8.29%. Operating margin FY2025 12.38%. Net margin FY2021 13.63%. Net margin FY2022 1.48%. Net margin FY2023 3.14%. Net margin FY2024 6.63%. Net margin FY2025 9.98%.

Income trends

Revenue

1.62B USD+4.81%

Operating income

201.2M USD+56.45%

Net income

162.1M USD+57.68%
Income trends across reported periods1.79B USD1.14B USD499.02M USD−144.34M USDRevenue, FY2021: 1.25B USDRevenue, FY2022: 1.34B USDRevenue, FY2023: 1.43B USDRevenue, FY2024: 1.55B USDRevenue, FY2025: 1.62B USDOperating income, FY2021: 210.1M USDOperating income, FY2022: 16.5M USDOperating income, FY2023: 53.3M USDOperating income, FY2024: 128.6M USDOperating income, FY2025: 201.2M USDNet income, FY2021: 170.4M USDNet income, FY2022: 19.8M USDNet income, FY2023: 45M USDNet income, FY2024: 102.8M USDNet income, FY2025: 162.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.25B USD. Revenue FY2022 1.34B USD. Revenue FY2023 1.43B USD. Revenue FY2024 1.55B USD. Revenue FY2025 1.62B USD. Operating income FY2021 210.1M USD. Operating income FY2022 16.5M USD. Operating income FY2023 53.3M USD. Operating income FY2024 128.6M USD. Operating income FY2025 201.2M USD. Net income FY2021 170.4M USD. Net income FY2022 19.8M USD. Net income FY2023 45M USD. Net income FY2024 102.8M USD. Net income FY2025 162.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.62B USD1.55B USD1.43B USD1.34B USD1.25B USD
Cost of goods sold1.05B USD1.07B USD1.08B USD1.01B USD841.3M USD
Gross profit572M USD478.4M USD356.8M USD332.5M USD409M USD
Operating expenses370.8M USD349.8M USD303.5M USD316M USD198.9M USD
Interest expense36.4M USD34.6M USD29.7M USD19.4M USD13.9M USD
Depreciation and amortization27.1M USD26.4M USD26.2M USD27.6M USD18.4M USD
Operating income201.2M USD128.6M USD53.3M USD16.5M USD210.1M USD
Net income162.1M USD102.8M USD45M USD19.8M USD170.4M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+24.58%
11 comparable reports
Latest EPS result
1.17
Estimate 0.79 · Beat by 48.67%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.71.310.920.53Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 1.62, estimate 1.04, surprise +55.77%, Beat. Q2 2025, reported May 6, 2025: actual 1.07, estimate 0.88, surprise +21.59%, Beat. Q3 2025, reported Aug 6, 2025: actual 1.06, estimate 0.61, surprise +73.77%, Beat. Q4 2025, reported Nov 4, 2025: actual 1.36, estimate 1.04, surprise +30.77%, Beat. Q1 2026, reported Feb 3, 2026: actual 1.21, estimate 1.18, surprise +2.54%, Beat. Q2 2026, reported May 6, 2026: actual 1.28, estimate 1.1, surprise +16.36%, Beat. Q3 2026, reported Aug 5, 2026: actual 1.17, estimate 0.787, surprise +48.67%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 0.99, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates461.24M405.91M350.59M295.26MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 393.1M USD, estimate 417.03M USD, surprise -5.74%, Miss. Q2 2025, reported May 6, 2025: actual 416.4M USD, estimate 420.15M USD, surprise -0.89%, Miss. Q3 2025, reported Aug 6, 2025: actual 411.7M USD, estimate 424.7M USD, surprise -3.06%, Miss. Q4 2025, reported Nov 4, 2025: actual 417.1M USD, estimate 430.85M USD, surprise -3.19%, Miss. Q1 2026, reported Feb 3, 2026: actual 317.2M USD, estimate 314.05M USD, surprise +1.00%, Beat. Q2 2026, reported May 6, 2026: actual 313M USD, estimate 319.1M USD, surprise -1.91%, Miss. Q3 2026, reported Aug 5, 2026: actual 443.5M USD, estimate 321.7M USD, surprise +37.86%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 320M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$59.00

16.60% upside
Past 12 months12-month forecastHigh $59.00Average $59.00Low $59.00

HMN news

zacks.com

Best Value Stocks to Buy for August 18th

HMN and ALGT made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 18, 2026.

Read source
zacks.com

Best Income Stocks to Buy for August 18th

HMC, HMN and ALL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 18, 2026.

Read source
seekingalpha.com

Horace Mann Educators: Raised Guidance Implies Further Upside

Horace Mann Educators delivered record Q2 2026 core earnings, beating expectations by over 60% and raising FY 2026 EPS guidance. Recent acquisitions expand HMN's client base beyond educators, expected to add 100 basis…

Read source
zacks.com

Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horace Mann (HMN) have what it takes?

Read source
defenseworld.net

Horace Mann Educators Corporation $HMN Shares Sold by Amundi

Amundi decreased its holdings in Horace Mann Educators Corporation (NYSE: HMN) by 75.1% during the undefined quarter, according to its most recent disclosure with the SEC. The firm owned 8,064 shares of the insurance…

Read source
zacks.com

All You Need to Know About Horace Mann (HMN) Rating Upgrade to Strong Buy

Horace Mann (HMN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.40

2025 complete year+12.9% since 2021

2026 partial: $0.72

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 15, 2026

$0.36

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 17, 2026

$0.36

Quarterly

Record Mar 17, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 15, 2025

$0.35

Quarterly

Record Dec 15, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Sep 16, 2025

$0.35

Quarterly

Record Sep 16, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 16, 2025

$0.35

Quarterly

Record Jun 16, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 17, 2025

$0.35

Quarterly

Record Mar 17, 2025 · Payment Mar 31, 2025

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ETFs holding HMN

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
125.94M
Weight
0.11%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
67.59M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
52.99M
Weight
0.07%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
52.91M
Weight
0.17%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
48.35M
Weight
0.03%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
30.72M
Weight
0.04%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
24.2M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
19.1M
Weight
0.11%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.28+0.61%

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