Horace Mann Educators Stock Today
| HMN Stock | USD 36.36 0.96 2.71% |
Performance3 of 100
| Odds Of DistressLess than 6
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Horace Mann is selling at 36.36 as of the 19th of April 2024; that is 2.71 percent increase since the beginning of the trading day. The stock's open price was 35.4. Horace Mann has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Horace Mann Educators are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 15th of November 1991 | Category Financial Services | Classification Financials |
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. Horace Mann Educators Corporation was founded in 1945 and is headquartered in Springfield, Illinois. Horace Mann operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. The company has 40.94 M outstanding shares of which 498.92 K shares are currently shorted by investors with about 2.08 days to cover. More on Horace Mann Educators
Moving together with Horace Stock
| 0.63 | CNA | CNA Financial Financial Report 6th of May 2024 | PairCorr |
Horace Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Horace Mann's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Horace Mann or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Marita Zuraitis | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-line Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP Small-Cap 600, Insurance, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Horace Mann report their recommendations after researching Horace Mann's financial statements, talking to executives and customers, or listening in on Horace Mann's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Horace Mann Educators. The Horace consensus assessment is calculated by taking the average forecast from all of the analysts covering Horace Mann. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Horace Mann's profitability, liquidity, and operating efficiency, Horace Mann Educators may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Horace Mann Educators is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Horace Mann's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Horace Mann's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Horace Mann's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Horace Mann's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Horace Mann's financial leverage. It provides some insight into what part of Horace Mann's total assets is financed by creditors.
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Horace Mann Educators (HMN) is traded on New York Stock Exchange in USA. It is located in 1 Horace Mann Plaza, Springfield, IL, United States, 62715-0001 and employs 1,700 people. Horace Mann is listed under Multi-line Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Horace Mann's market, we take the total number of its shares issued and multiply it by Horace Mann's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Horace Mann Educators runs under Insurance sector within Financials industry. The entity has 40.94 M outstanding shares of which 498.92 K shares are currently shorted by investors with about 2.08 days to cover.
Horace Mann Educators has about 146.4 M in cash with 302.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.58.
Check Horace Mann Probability Of Bankruptcy
Ownership AllocationHorace Mann secures a total of 40.94 Million outstanding shares. The majority of Horace Mann Educators outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Horace Mann to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Horace Mann Educators. Please pay attention to any change in the institutional holdings of Horace Mann Educators as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Horace Ownership Details
Horace Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Horace Mann jumping above the current price in 90 days from now is about 20.51%. The Horace Mann Educators probability density function shows the probability of Horace Mann stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Horace Mann has a beta of 0.7826. This usually indicates as returns on the market go up, Horace Mann average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horace Mann Educators will be expected to be much smaller as well. Additionally, horace Mann Educators has an alpha of 0.0709, implying that it can generate a 0.0709 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Horace Mann to move above the current price in 90 days from now is about 20.51 (This Horace Mann Educators probability density function shows the probability of Horace Stock to fall within a particular range of prices over 90 days) .
Horace Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Horace Mann that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Horace Mann's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Horace Mann's value.| Instituion | Recorded On | Shares | |
| Deprince Race & Zollo Inc | 2023-12-31 | 845.8 K | |
| Bank Of America Corp | 2023-12-31 | 804.3 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 685.8 K | |
| Ameriprise Financial Inc | 2023-12-31 | 538.6 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 536.5 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 523.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 486 K | |
| Bragg Financial Advisors Inc | 2023-12-31 | 471.6 K | |
| Palisade Capital Management Llc | 2023-12-31 | 416.3 K | |
| Blackrock Inc | 2023-12-31 | 5.9 M | |
| Vanguard Group Inc | 2023-12-31 | 5.1 M |
Horace Mann Historical Income Statement
Horace Mann Educators Income Statement is one of the three primary financial statements used for reporting Horace's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Horace Mann Educators revenue and expense. Horace Mann Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Horace Mann's Depreciation And Amortization is very stable compared to the past year. As of the 19th of April 2024, Cost Of Revenue is likely to grow to about 857.1 M, while Selling General Administrative is likely to drop about 173.5 M. View More FundamentalsHorace Stock Against Markets
Picking the right benchmark for Horace Mann stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Horace Mann stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Horace Mann is critical whether you are bullish or bearish towards Horace Mann Educators at a given time. Please also check how Horace Mann's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Horace Mann without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Horace Mann Corporate Directors
Horace Mann corporate directors refer to members of a Horace Mann board of directors. The board of directors generally takes responsibility for the Horace Mann's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Horace Mann's board members must vote for the resolution. The Horace Mann board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ronald Helow | Independent Director | Profile | |
| Stephen Hasenmiller | Independent Director | Profile | |
| Daniel Domenech | Independent Director | Profile | |
| Steven Swyers | Independent Director | Profile |
How to buy Horace Stock?
Before investing in Horace Mann, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Horace Mann. To buy Horace Mann stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Horace Mann. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Horace Mann stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Horace Mann Educators stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Horace Mann Educators stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Horace Mann Educators, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Horace Stock please use our How to Invest in Horace Mann guide.
Already Invested in Horace Mann Educators?
The danger of trading Horace Mann Educators is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Horace Mann is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Horace Mann. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Horace Mann Educators is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Horace Mann Educators offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horace Mann's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horace Mann Educators Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horace Mann Educators Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Horace Stock analysis
When running Horace Mann's price analysis, check to measure Horace Mann's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horace Mann is operating at the current time. Most of Horace Mann's value examination focuses on studying past and present price action to predict the probability of Horace Mann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horace Mann's price. Additionally, you may evaluate how the addition of Horace Mann to your portfolios can decrease your overall portfolio volatility.
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Is Horace Mann's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 1.32 | Earnings Share 1.09 | Revenue Per Share 36.123 | Quarterly Revenue Growth 0.163 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.