In a report released today, John Barnidge from Piper Sandler maintained a Hold rating on Horace Mann Educators (HMN – Research Report), with a price target of $32.00. The company’s shares closed yesterday at $29.64.
According to TipRanks, Barnidge is a 4-star analyst with an average return of 8.3% and a 56.31% success rate. Barnidge covers the Financial sector, focusing on stocks such as AFLAC, Ameriprise Financial, and Lincoln National.
Currently, the analyst consensus on Horace Mann Educators is a Hold with an average price target of $32.50.
See today’s best-performing stocks on TipRanks >>
Based on Horace Mann Educators’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $353.9 million and a net profit of $6.6 million. In comparison, last year the company earned a revenue of $346.8 million and had a net profit of $14.5 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HMN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Horace Mann Educators Corp. is an insurance holding company, which engages in the market and underwrites personal lines of property and casualty primarily personal lines automobile and homeowners insurance, retirement annuities, including primarily tax-qualified products and life insurance in the United States. It operates through the following business segments: Property and Casualty; Retirement; Life; Corporate and Other. The Property and Casualty segment focuses on personal lines automobile and property insurance products. The Retirement segment comprises of tax-qualified fixed and variable annuities. The Life segment offers life insurance. The Corporate and Other segment includes interest expense on debt, the impact of realized investment gains and losses and certain public company expenses. The company was founded by Carrol Hall and Leslie Nimmo in 1945 and is headquartered in Springfield, IL.
