Horace Mann Educators Past Earnings Performance
Past criteria checks 5/6
Horace Mann Educators has been growing earnings at an average annual rate of 2.5%, while the Insurance industry saw earnings growing at 14.6% annually. Revenues have been growing at an average rate of 5.7% per year. Horace Mann Educators's return on equity is 11.2%, and it has net margins of 9.6%.
Key information
2.54%
Earnings growth rate
3.18%
EPS growth rate
| Insurance Industry Growth | 8.02% |
| Revenue growth rate | 5.75% |
| Return on equity | 11.23% |
| Net Margin | 9.63% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 25
HMN: Completed Buybacks And Stable Metrics Will Support Steady Future Returns
Analysts have maintained their $52.00 price target for Horace Mann Educators, citing consistent assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Horace Mann Educators reported that from January 1, 2026 to March 31, 2026, the company repurchased 297,759 shares, representing 0.73% of its shares, for US$12.79 million under the buyback announced on May 13, 2025.Narrative Update • Jun 07
HMN: Dividend Strength And Completed Buybacks Will Support Steady Future Returns
Analysts kept their price target for Horace Mann Educators steady at $52, reflecting unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News From January 1, 2026 to March 31, 2026, the company repurchased 297,759 shares, representing 0.73% of shares, for US$12.79 million under the buyback announced on May 13, 2025, completing this tranche.Narrative Update • May 23
HMN: Dividend Growth And Completed Buybacks Will Support Balanced Future Returns
Narrative Update: Horace Mann Educators Analysts now cite slightly higher fair value assumptions and modestly stronger long term profitability, lifting the price target for Horace Mann Educators from $51.50 to $52.00. What's in the News The board approved a 3% increase in the quarterly cash dividend to $0.36 per share, implying an indicated annual dividend of $1.44 per share, payable on March 31, 2026, to shareholders of record on March 17, 2026 (Key Developments).Narrative Update • May 08
HMN: Dividend And Buybacks Will Support Strong Future Shareholder Returns
Analysts now hold their price target for Horace Mann Educators at $51.50, reflecting only minor adjustments to assumptions such as the discount rate and future P/E that do not materially change their overall valuation view. What's in the News The Board of Directors approved a 3% increase in the quarterly cash dividend to $0.36 per share, with an indicated annual dividend of $1.44 per share.Narrative Update • Apr 19
HMN: Steady Dividend And Buybacks Will Support Long Term Returns
Analysts have kept their $51.50 price target for Horace Mann Educators essentially unchanged, reflecting only very slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The Board of Directors approved a 3% increase in the quarterly cash dividend to $0.36 per share, indicating an annual dividend of $1.44 per share.Narrative Update • Apr 04
HMN: Higher Future P E And Dividend Policy Will Support Long Term Returns
Analysts have raised their price target for Horace Mann Educators to $51.50 from $49.67, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News The Board of Directors approved a 3% increase in the quarterly cash dividend to $0.36 per share, indicating an annual dividend of $1.44 per share payable on March 31, 2026, to shareholders of record as of March 17, 2026 (Key Developments).Narrative Update • Feb 11
HMN: Higher Future P/E Assumptions Will Support Long Term Returns
Analysts have trimmed their price target for Horace Mann Educators by about $1, reflecting slightly lower fair value, revenue growth, and profit margin assumptions, alongside a modestly higher future P/E multiple and a small adjustment to the discount rate. Valuation Changes Fair Value: The updated estimate moved slightly from $50.67 to $49.67, indicating a small downward adjustment.Narrative Update • Jan 27
HMN: Share Repurchases And Higher Core EPS Guidance Will Support Returns
Analysts have made a modest adjustment to their price target for Horace Mann Educators, citing small refinements in assumptions for the discount rate, revenue growth, profit margin, and forward P/E as the key drivers of the updated view. What's in the News From July 1, 2025 to September 30, 2025, Horace Mann Educators reported no share repurchases under the buyback program announced on May 13, 2025, with 0 shares and $0 million deployed under that authorization (Key Developments).Narrative Update • Jan 11
HMN: Steady Buybacks And Higher Core EPS Guidance Will Support Returns
Analysts have kept their price target for Horace Mann Educators steady at about US$50.67, with only small tweaks to inputs such as discount rate, revenue growth, profit margin and forward P/E helping to support this unchanged view. What's in the News Horace Mann Educators reported that from July 1, 2025 to September 30, 2025, it repurchased 164,569 shares for US$6.79 million, representing 0.4% of shares, under its existing buyback program.Seeking Alpha • Dec 17
Horace Mann Educators Giving Lessons On Profitability
Summary Horace Mann Educators Corporation remains a Buy, supported by exceptional Q3 2025 results and raised full-year guidance. HMN projects FY 2025 EPS of $4.50–$4.70, an 84.7% YoY increase, with all business segments operating at or above target profitability. The company boasts a 17-year dividend growth streak, active buybacks, and trades at peer-low price-to-cash flow, book, and PEG ratios. Key risks include catastrophic loss exposure, reliance on investment income, and sensitivity to K-12 education funding and customer price sensitivity. Read the full article on Seeking AlphaNarrative Update • Dec 14
HMN: Raised EPS Outlook And Margin Gains Will Support Future Returns
Analysts have modestly raised their price target on Horace Mann Educators to approximately $50.67 per share, citing slightly lower discount rate and revenue growth assumptions. These are offset by expectations for improved profit margins and a lower future P/E multiple, which together support a marginally stronger valuation profile.Narrative Update • Nov 30
HMN: Full-Year EPS Guidance And Stable Margins Will Influence Future Shareholder Returns
Analysts have raised their price target for Horace Mann Educators slightly, increasing the fair value estimate from $50.33 to $50.67. They cite minor adjustments in discount rate and forward price-to-earnings assumptions.Narrative Update • Nov 16
HMN: Future EPS Guidance And Revenue Outlook Will Shape Next Year’s Returns
Analysts have raised their price target for Horace Mann Educators from $49.00 to $50.33, citing improved revenue growth outlook. This comes despite a modest increase in the discount rate and a slight dip in projected profit margins.Analysis Article • Nov 07
Results: Horace Mann Educators Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Horace Mann Educators Corporation ( NYSE:HMN ) recently reported its quarterly numbers. Revenues...Analysis Article • Sep 08
Horace Mann Educators (NYSE:HMN) Has Announced A Dividend Of $0.35
Horace Mann Educators Corporation ( NYSE:HMN ) will pay a dividend of $0.35 on the 30th of September. This means the...Analysis Article • Jun 13
Horace Mann Educators' (NYSE:HMN) Dividend Will Be $0.35
The board of Horace Mann Educators Corporation ( NYSE:HMN ) has announced that it will pay a dividend on the 30th of...Analysis Article • May 18
Horace Mann Educators (NYSE:HMN) Is Paying Out A Dividend Of $0.35
The board of Horace Mann Educators Corporation ( NYSE:HMN ) has announced that it will pay a dividend on the 30th of...Analysis Article • May 09
Horace Mann Educators Corporation (NYSE:HMN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Horace Mann Educators Corporation ( NYSE:HMN ) last week reported its latest first-quarter results, which makes it a...Analysis Article • May 07
Horace Mann Educators Corporation's (NYSE:HMN) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights Horace Mann Educators will host its Annual General Meeting on 14th of May Salary of US$1.04m is part of...Analysis Article • Mar 07
Horace Mann Educators (NYSE:HMN) Will Pay A Larger Dividend Than Last Year At $0.35
The board of Horace Mann Educators Corporation ( NYSE:HMN ) has announced that it will be increasing its dividend by...Analysis Article • Jan 31
Horace Mann Educators Corporation's (NYSE:HMN) Shares Not Telling The Full Story
With a median price-to-sales (or "P/S") ratio of close to 1.1x in the Insurance industry in the United States, you...Analysis Article • Nov 07
Horace Mann Educators Corporation (NYSE:HMN) Analysts Are Pretty Bullish On The Stock After Recent Results
Shareholders of Horace Mann Educators Corporation ( NYSE:HMN ) will be pleased this week, given that the stock price is...
New Narrative • Sep 14
Reviving Profits And Expanding Sales Set To Propel Insurance Giant Into 2025 Success
Enhanced net margins expected from a profitability restoration strategy in Property & Casualty, coupled with operational efficiency improvements.Analysis Article • Sep 13
Market Still Lacking Some Conviction On Horace Mann Educators Corporation (NYSE:HMN)
It's not a stretch to say that Horace Mann Educators Corporation's ( NYSE:HMN ) price-to-sales (or "P/S") ratio of 0.9x...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Horace Mann Educators makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 1,714 | 165 | 409 | 0 |
| 31 Dec 25 | 1,701 | 162 | 397 | 0 |
| 30 Sep 25 | 1,676 | 164 | 379 | 0 |
| 30 Jun 25 | 1,649 | 140 | 366 | 0 |
| 31 Mar 25 | 1,626 | 115 | 352 | 0 |
| 31 Dec 24 | 1,595 | 103 | 346 | 0 |
| 30 Sep 24 | 1,589 | 104 | 333 | 0 |
| 30 Jun 24 | 1,556 | 82 | 326 | 0 |
| 31 Mar 24 | 1,524 | 65 | 323 | 0 |
| 31 Dec 23 | 1,492 | 45 | 318 | 0 |
| 30 Sep 23 | 1,435 | -11 | 322 | 0 |
| 30 Jun 23 | 1,399 | -2 | 322 | 0 |
| 31 Mar 23 | 1,389 | 6 | 319 | 0 |
| 31 Dec 22 | 1,382 | 20 | 316 | 0 |
| 30 Sep 22 | 1,367 | 77 | 298 | 0 |
| 30 Jun 22 | 1,354 | 73 | 287 | 0 |
| 31 Mar 22 | 1,355 | 124 | 270 | 0 |
| 31 Dec 21 | 1,329 | 170 | 251 | 0 |
| 30 Sep 21 | 1,351 | 150 | 248 | 0 |
| 30 Jun 21 | 1,359 | 170 | 241 | 0 |
| 31 Mar 21 | 1,325 | 154 | 235 | 0 |
| 31 Dec 20 | 1,310 | 133 | 238 | 0 |
| 30 Sep 20 | 1,283 | 119 | 226 | 0 |
| 30 Jun 20 | 1,283 | 107 | 232 | 0 |
| 31 Mar 20 | 1,422 | 171 | 234 | 0 |
| 31 Dec 19 | 1,431 | 184 | 235 | 0 |
| 30 Sep 19 | 1,384 | 131 | 232 | 0 |
| 30 Jun 19 | 1,359 | 118 | 219 | 0 |
| 31 Mar 19 | 1,212 | 30 | 213 | 0 |
| 31 Dec 18 | 1,192 | 18 | 205 | 0 |
| 30 Sep 18 | 1,216 | 164 | 198 | 0 |
| 30 Jun 18 | 1,195 | 178 | 191 | 0 |
| 31 Mar 18 | 1,180 | 174 | 187 | 0 |
| 31 Dec 17 | 1,172 | 169 | 188 | 0 |
| 30 Sep 17 | 1,151 | 64 | 182 | 0 |
| 30 Jun 17 | 1,153 | 64 | 182 | 0 |
| 31 Mar 17 | 1,145 | 74 | 179 | 0 |
| 31 Dec 16 | 1,129 | 84 | 173 | 0 |
| 30 Sep 16 | 1,122 | 85 | 172 | 0 |
| 30 Jun 16 | 1,097 | 80 | 168 | 0 |
| 31 Mar 16 | 1,082 | 84 | 164 | 0 |
| 31 Dec 15 | 1,080 | 93 | 157 | 0 |
| 30 Sep 15 | 1,073 | 103 | 159 | 0 |
Quality Earnings: HMN has high quality earnings.
Growing Profit Margin: HMN's current net profit margins (9.6%) are higher than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HMN's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: HMN's earnings growth over the past year (44.2%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: HMN earnings growth over the past year (44.2%) exceeded the Insurance industry 36.2%.
Return on Equity
High ROE: HMN's Return on Equity (11.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 00:32 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Horace Mann Educators Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Zaremski | BMO Capital Markets Equity Research |
| Robert Glasspiegel | Brean Capital Historical (Janney Montgomery) |
| Matthew Carletti | Citizens JMP Securities, LLC |