HORACE MANN EDUCATORS CORP /DE/ · Property and casualty insurance

HMN

Low riskNext report: In 7 days (est.)

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The short version

A profitable company with steady sales. Institutions are adding.

Going well

Raised its dividend (3.0% yield)
Profitable
Brings in more cash than it spends

Money moves

Insiders sold $347K in the last 30 days, all through pre-planned sales
Institutions added 3% to their holdings in the quarter ending June 2026 (139 bought, 105 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$46.49+0.4% that day

Company value: $1.9B; Share price times all shares
Price vs profit (P/E): 10.9x; You pay about $11 for each $1 of yearly profit
Price vs sales: 1.1x; Company value is 1.1 times a year of sales
Dividend yield: 3.0%; Yearly dividend as a share of today's price
Cash vs value: 2%; Cash as a share of company value
Debt vs value: 32%; Debt as a share of company value

From HMN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$443.5M+7.7% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $1.7B, up 5.9% from the 12 months before. Over 5 years, sales grew about 5.4% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of HMN. Starting points are the company's recent numbers.

Sales growth+6% a yearRecently: +5.9% a yearProfit margin10%Last 12 months: 10.2%P/E at the end11xToday: 10.9x. Many steady companies trade at 12x to 25xShare count change0% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$2.3B

Profit in 5 years$234M

Price these guesses point to$63.46+37% vs $46.49 todayAbout +6.4% a year, before dividends

What today's price needs: with a 10% margin and a 11x P/E, sales could shrink about 0.4% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.7%
PassDebt under half of equityNot relying on borrowed money.0.40x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.9.5%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$553.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.5% in 3 years

Revenue: $1.7B; +6.7% vs prior year
5-year growth: +5.4%/yr; revenue, per year
Total debt: $593.4M; 0.40x equity
Free cash flow: $553.2M; 32.5% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 5

Revenue: $443.5M; +7.7% YoY
EPS: $1.01; vs $0.71
Free cash flow: $223.7M
Share count: -1.0%; vs a year ago

Insider rating

Last 90 days

46Mixed

Pre-planned sales of $347K (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.6
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+3.0%

Institutions added 3.0% to their holdings. 139 bought, 105 sold.

Shares held by institutions42.3M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-0.3%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.4x · $594.2M debt

Shares outstandingLatest reported

41M

Earnings reports

Last 12

Next reportIn 7 days (est.)Estimated from the same quarter last year

Results filedAug 5
Results filedMay 6
Results filedFeb 3
Results filedNov 4, 2025
Results filedAug 6, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

No offerings, red flags or new big holders. Clean record.

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$347K1 insider, 3 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Marita ZuraitisPresident & CEO	Sell	7K	$46.24	$317K	294K	Oct 16Filing ↗
-2.3% of their holdings $46.23 to $46.26 across 2 trades Traded Oct 15 to Oct 16 Pre-planned sale (10b5-1) Also Director Filed 3 days after
Marita ZuraitisPresident & CEO	Sell	550	$46.01	$25K	301K	Oct 8Filing ↗
-0.2% of their holdings Pre-planned sale (10b5-1) Also Director Filed 5 days after
Marita ZuraitisPresident & CEO	Sell	100	$46.00	$5K	301K	Oct 6Filing ↗
-0% of their holdings Pre-planned sale (10b5-1) Also Director Filed 2 days after