Horace Mann Educators Corporation (HMN) AI Stock Analysis

Horace Mann Educators Corporation is a United States insurance holding company founded in 1945 and headquartered in Springfield, Illinois. It specializes in tailored insurance solutions primarily for educators and their families. The company operates across three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits. Property & Casualty underwrites personal auto and property coverage. Life & Retirement offers retirement products such as tax-qualified fixed and variable annuities, alongside whole life, term, and indexed universal life insurance. Supplemental & Group Benefits provides supplemental products including cancer, heart, hospital, disability, and accident coverages.

Horace Mann's revenue expanded from $1.25B in FY2021 to $1.62B in FY2025, delivering a 5-year revenue CAGR of 4.7%. After revenue growth of 7.3% in FY2022, 6.8% in FY2023, and 8.2% in FY2024, revenue grew 4.8% in FY2025. Net income rebounded from $19.8M in FY2022 and $45.0M in FY2023 to $162.1M in FY2025, with net margin improving to 10.0% and EPS reaching $4.70. For the trailing twelve months ended June 30, 2026, revenue reached $1.75B with an operating margin of 13.2% and EPS of $4.28. In the latest quarter, quarterly revenue grew 7.7% year-over-year, while quarterly earnings surged 42.3%.

As of June 30, 2026, Horace Mann held $5.81B in cash and short-term investments against total debt of $594.2M, resulting in net cash of $5.22B. Shareholders' equity was $1.50B, yielding a debt-to-equity ratio of 0.40, with total assets at $15.60B. The company generated $553.2M in operating cash flow and $553.2M in free cash flow in FY2025. During FY2025, cash deployment included $20.8M in share buybacks and $57.1M in dividends paid, contributing to a 5-year share count change of -2.4%.

At a last close price of $46.33, Horace Mann has a market cap of $1.88B and an enterprise value of $2.52B. The stock trades at a trailing P/E of 10.8x and a forward P/E of 9.3x, compared to the median of its US-listed Financial Services peers of 12.1x and 10.8x, respectively. Its price-to-sales multiple of 1.1x is also lower than the peer median of 3.2x. Over the past year, Horace Mann generated a return of 9.7%, trailing the S&P 500 return of 16.8%. Over five years, the stock returned 39.1% against 83.0% for the S&P 500.

Horace Mann pays an annual forward dividend of $1.44 per share, offering a dividend yield of 3.11% with a payout ratio of 28.5%. The dividend is distributed on a quarterly frequency and has been paid for 35 consecutive years. Over the past 5 years, the annualized dividend growth rate was 3.1%, with the last ex-dividend date occurring on September 16, 2026.

Horace Mann holds 2 Strong Buy and 1 Hold ratings from analysts, with 0 Buy, 0 Sell, and 0 Strong Sell ratings. The mean price target of $56.50 implies a target vs last close of 22.0% above the $46.33 share price. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $1.77B and EPS of $4.86. The company has beaten EPS estimates in each of the last 4 quarters, and its next earnings date is November 3, 2026.

This page is an AI-written research summary of Horace Mann Educators Corporation (HMN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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