Equities Analysts Issue Forecasts for Horace Mann Educators Co.’s Q1 2018 Earnings (HMN)

Horace Mann Educators Co. (NYSE:HMN) – Equities researchers at Langen Mcalenn issued their Q1 2018 EPS estimates for shares of Horace Mann Educators in a note issued to investors on Tuesday. Langen Mcalenn analyst R. Glasspiegel expects that the insurance provider will post earnings per share of $0.68 for the quarter. Langen Mcalenn also issued estimates for Horace Mann Educators’ Q2 2018 earnings at $0.47 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.84 EPS, Q1 2019 earnings at $0.69 EPS, Q2 2019 earnings at $0.49 EPS, Q3 2019 earnings at $0.59 EPS, Q4 2019 earnings at $0.88 EPS and FY2019 earnings at $2.65 EPS.

HMN has been the topic of a number of other research reports. Zacks Investment Research raised Horace Mann Educators from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a research note on Thursday, January 18th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Horace Mann Educators in a research note on Wednesday, December 6th.

Shares of Horace Mann Educators (NYSE HMN) opened at $38.75 on Friday. Horace Mann Educators has a 12 month low of $33.85 and a 12 month high of $47.65. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1,653.15, a price-to-earnings ratio of 23.47 and a beta of 1.02.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Tuesday, February 6th. The insurance provider reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.09. Horace Mann Educators had a return on equity of 5.31% and a net margin of 14.46%. The company had revenue of $303.00 million for the quarter. During the same period in the prior year, the firm posted $0.52 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis.

In related news, Director Robert Stricker sold 3,829 shares of Horace Mann Educators stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $45.75, for a total value of $175,176.75. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.10% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisor Group Inc. grew its holdings in shares of Horace Mann Educators by 32.0% in the 2nd quarter. Advisor Group Inc. now owns 3,023 shares of the insurance provider’s stock worth $114,000 after acquiring an additional 733 shares during the last quarter. Stifel Financial Corp acquired a new position in shares of Horace Mann Educators in the 3rd quarter worth $203,000. CIBC Asset Management Inc acquired a new position in shares of Horace Mann Educators in the 3rd quarter worth $214,000. Amalgamated Bank grew its holdings in shares of Horace Mann Educators by 1.4% in the 2nd quarter. Amalgamated Bank now owns 5,563 shares of the insurance provider’s stock worth $210,000 after acquiring an additional 78 shares during the last quarter. Finally, Piedmont Investment Advisors LLC acquired a new position in shares of Horace Mann Educators in the 2nd quarter worth $331,000. Institutional investors and hedge funds own 98.26% of the company’s stock.

WARNING: This piece was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this piece can be viewed at https://www.com-unik.info/2018/02/09/equities-analysts-issue-forecasts-for-horace-mann-educators-co-s-q1-2018-earnings-hmn.html.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation (HMEC) is an insurance holding company. 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.

Earnings History and Estimates for Horace Mann Educators (NYSE:HMN)

Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit