Horace Mann Educators Corporation, together with its subsidiaries, operates as a multiline insurance company in the United States.
Solid track record and good value.
Share Price & News
How has Horace Mann Educators's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HM9 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HM9 underperformed the German Insurance industry which returned -4.3% over the past year.
Return vs Market: HM9 underperformed the German Market which returned 8% over the past year.
Price Volatility Vs. Market
How volatile is Horace Mann Educators's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Horace Mann Educators undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HM9 (€32.4) is trading below our estimate of fair value (€47.4)
Significantly Below Fair Value: HM9 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HM9 is good value based on its PE Ratio (9.5x) compared to the DE Insurance industry average (10.2x).
PE vs Market: HM9 is good value based on its PE Ratio (9.5x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: HM9's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HM9 is overvalued based on its PB Ratio (1.1x) compared to the DE Insurance industry average (1x).
How is Horace Mann Educators forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HM9's earnings are forecast to decline over the next 3 years (-20.1% per year).
Earnings vs Market: HM9's earnings are forecast to decline over the next 3 years (-20.1% per year).
High Growth Earnings: HM9's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HM9's revenue is expected to decline over the next 3 years (-2.4% per year).
High Growth Revenue: HM9's revenue is forecast to decline over the next 3 years (-2.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HM9's Return on Equity is forecast to be high in 3 years time
How has Horace Mann Educators performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HM9 has high quality earnings.
Growing Profit Margin: HM9's current net profit margins (12%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: HM9's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: HM9's earnings growth over the past year (445.2%) exceeds its 5-year average (9.5% per year).
Earnings vs Industry: HM9 earnings growth over the past year (445.2%) exceeded the Insurance industry 10%.
Return on Equity
High ROE: HM9's Return on Equity (11.6%) is considered low.
How is Horace Mann Educators's financial position?
Financial Position Analysis
Short Term Liabilities: HM9's short term assets ($2.5B) exceed its short term liabilities ($930.2M).
Long Term Liabilities: HM9's short term assets ($2.5B) do not cover its long term liabilities ($9.6B).
Debt to Equity History and Analysis
Debt Level: HM9's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: HM9's debt to equity ratio has increased from 16.9% to 28.1% over the past 5 years.
Debt Coverage: HM9's debt is well covered by operating cash flow (21.7%).
Interest Coverage: HM9's interest payments on its debt are well covered by EBIT (15.8x coverage).
What is Horace Mann Educators's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HM9's dividend (3.08%) is higher than the bottom 25% of dividend payers in the German market (1.24%).
High Dividend: HM9's dividend (3.08%) is low compared to the top 25% of dividend payers in the German market (3.81%).
Stability and Growth of Payments
Stable Dividend: HM9's dividend payments have been volatile in the past 10 years.
Growing Dividend: HM9's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.5%), HM9's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marita Zuraitis (60 yo)
Ms. Marita Zuraitis is the President, Chief Executive Officer and Director of Horace Mann Educators Corporation since September 2013. Prior to joining Horace Mann, she was President of the property and cas ...
CEO Compensation Analysis
Compensation vs Market: Marita's total compensation ($USD4.24M) is above average for companies of similar size in the German market ($USD1.48M).
Compensation vs Earnings: Marita's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||3.58yrs||US$1.16m||0.034% |
|Executive Vice President of Supplemental & Operations||1.08yrs||US$1.28m||no data|
|Executive Vice President of Distribution & Business Strategy||no data||US$1.33m||0.044% |
|Vice President of Investor Relations||2.25yrs||no data||no data|
|Senior VP||4.58yrs||US$722.28k||0.0079% |
|Senior VP & Chief Human Resources Officer||1.75yrs||no data||0.0057% |
|Executive Vice President of Field Operations & Sales Management||4.83yrs||no data||0.017% |
|Executive Vice President of Life & Retirement||2.75yrs||US$970.82k||0.00062% |
|Senior Vice President of Life & Retirement||0.83yr||no data||0.0013% |
|VP & Chief Risk Officer||0.17yr||no data||no data|
|Senior VP & Controller||3.33yrs||no data||0.0088% |
Experienced Management: HM9's management team is considered experienced (2.8 years average tenure).
|Independent Director||2.25yrs||US$180.05k||no data|
|Independent Director||1.25yrs||US$180.05k||no data|
|Independent Director||1.25yrs||US$190.05k||no data|
|Independent Chairman of the Board||2.25yrs||US$235.05k||no data|
|Independent Director||5.25yrs||US$180.20k||no data|
|Independent Director||10.67yrs||US$195.20k||0.027% |
|Independent Director||7.25yrs||US$195.05k||0.012% |
|Independent Director||6.25yrs||US$205.20k||no data|
Experienced Board: HM9's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Horace Mann Educators Corporation's company bio, employee growth, exchange listings and data sources
- Name: Horace Mann Educators Corporation
- Ticker: HM9
- Exchange: DB
- Founded: 1945
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$1.601b
- Listing Market Cap: US$1.351b
- Shares outstanding: 41.29m
- Website: https://www.horacemann.com
Number of Employees
- Horace Mann Educators Corporation
- 1 Horace Mann Plaza
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HMN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 1991|
|HM9||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1991|
Horace Mann Educators Corporation, together with its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through five segments: Property and Casualty, Supplem ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 21:31|
|End of Day Share Price||2020/08/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.