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Horace Mann Educators Corporation - HMN STOCK NEWS

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Horace Mann Educators Corporation (NYSE: HMN) is a diversified insurance holding company that offers a comprehensive range of financial services and insurance products tailored specifically for educators and their families. Founded in 1945 by two educators in Springfield, Illinois, the company honors the legacy of Horace Mann, the father of the American public education system. Initially known as the Illinois Education Association Mutual Insurance Company, the firm has since evolved into the largest national multiline insurance company dedicated to serving America's educators.

Horace Mann provides personalized service and advice through its professional agents and staff, offering insurance and financial products to the educational community across the United States. The company's core offerings include auto, homeowners, and life insurance, as well as retirement annuities. Their financial products are designed to ensure lifelong financial well-being for educators and their families.

The company's segments include Property and Casualty, which focuses on automobile and homeowner insurance, Supplemental & Group Benefits, Life & Retirement, which offers 403(b) tax-qualified retirement annuities, and Corporate and Other. Horace Mann employs several former teachers in its salesforce, ensuring that they understand the unique needs of their clientele.

Recently, Horace Mann announced a partnership with SimpliSafe, a maker of award-winning home security systems. This partnership provides Horace Mann policyholders with exclusive discounts on SimpliSafe systems, ensuring both financial and physical security for educators. This collaboration underscores the company's commitment to offering exceptional customer experiences and enhanced security solutions for educators.

The financial stability of Horace Mann Educators Corporation is noteworthy, with a strong commitment to ethical practices and community service. The company continues to grow and innovate, ensuring that they meet the evolving needs of the educational community. For more information, visit the company's website at horacemann.com.

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Horace Mann Educators (NYSE: HMN) will release its second-quarter 2024 financial results on August 7, after market close. The Quarterly Report on Form 10-Q, quarterly news release, investor supplement, and presentation will be available on the company's investor website.

A conference call to discuss these results is scheduled for August 8 at 9:00 a.m. Eastern Time. Investors can access the webcast through the company's investor site or by dialing 844-735-3325. An on-demand replay will be available later that day.

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Horace Mann Educators (NYSE: HMN) has declared a quarterly cash dividend of $0.34 per share.

The dividend will be payable on June 28, 2024, to shareholders who are on record as of June 13, 2024.

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Horace Mann Educators (NYSE:HMN) reported strong first-quarter 2024 results with net income of $27 million, core earnings of $25 million, and total revenue increasing by 9%. The Property & Casualty segment saw significant improvement, generating a profit of $11 million. The company maintained its full-year 2024 core EPS guidance of $3.00-$3.30. Horace Mann remains confident in its long-term objectives, focusing on expanding its market share and achieving a sustainable double-digit ROE by 2025.

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Horace Mann Educators (HMN) shared insights from a survey of America’s K-12 educators, revealing their challenges, passion for teaching, and the need for support. Educators highlight concerns such as student behavior, workload, mental health services, and the impact of AI. Horace Mann launches the "Beyond Grateful" campaign to show appreciation for teachers with free activities and support.

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Horace Mann Educators (HMN) will release its first-quarter 2024 results on May 8, followed by a conference call on May 9 to discuss the financial performance. Investors can access the call webcast via the company's website or by dialing 844-735-3325.
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Horace Mann Educators Corporation (HMN) increases quarterly cash dividend by 3.0% to $0.34 per share, indicating an annual dividend of $1.36 per share. The Board of Directors has raised the dividend for the 16th consecutive year, showing commitment to long-term shareholder value creation. The company anticipates full-year 2024 earnings per share to range between $3.00-$3.30, with the Property & Casualty segment expected to achieve full-year profitability.
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Horace Mann Educators Corporation (HMN) reported full-year net income of $45 million, core earnings of $64 million, and total revenue increase of 8% for the year. Property & Casualty segment profit improved, while the Life & Retirement segment saw a rise in net income and annuity assets. The Supplemental & Group Benefits segment also delivered strong results. The company's 2024 EPS is estimated at $3.00-$3.30, reflecting higher corporate interest expense following the 2023 senior debt offering.
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Horace Mann Educators Corporation (HMN) will release its fourth-quarter 2023 results on Feb. 7 and host a conference call to discuss the financial results on Feb. 8 at 11 a.m. Eastern Time.
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Horace Mann Educators Corporation (HMN) declares $0.33 quarterly cash dividend
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FAQ

What types of insurance does Horace Mann offer?

Horace Mann offers auto, homeowners, life insurance, and retirement annuities tailored to educators and their families.

Who founded Horace Mann Educators Corporation?

The company was founded in 1945 by two educators in Springfield, Illinois.

What is the focus of Horace Mann's financial products?

The company focuses on providing lifelong financial well-being for educators and their families through personalized service and advice.

What recent partnership has Horace Mann announced?

Horace Mann has partnered with SimpliSafe to offer discounted home security systems to its policyholders.

Why is Horace Mann named after the father of the American public education system?

The company changed its name to honor Horace Mann, who significantly contributed to the American public education system.

What are Horace Mann's main business segments?

The main segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement, and Corporate and Other.

How does Horace Mann market its products?

Horace Mann markets its products through professional agents and staff, many of whom are former teachers, to the educational community across the United States.

What is unique about Horace Mann's salesforce?

Several members of their salesforce are former teachers, enabling them to better understand and address the unique needs of educators.

How can policyholders benefit from the SimpliSafe partnership?

Policyholders can receive exclusive discounts on SimpliSafe home security systems and monitoring plans through a dedicated landing page.

Where is Horace Mann Educators Corporation headquartered?

The company is headquartered in Springfield, Illinois.

Horace Mann Educators Corporation

NYSE:HMN

HMN Rankings

HMN Stock Data

1.37B
40.96M
1.75%
102.22%
1.68%
Third Party Administration of Insurance and Pension Funds
Finance and Insurance
Link
United States of America
SPRINGFIELD