Welcome to our dedicated page for Horace Mann Educators news (Ticker: HMN), a resource for investors and traders seeking the latest updates and insights on Horace Mann Educators stock.
Horace Mann Educators Corporation (NYSE: HMN) serves as a specialized insurance provider for educators, offering tailored financial solutions across property, casualty, and retirement planning. This news hub provides investors and education professionals with centralized access to official announcements and market developments.
Track comprehensive updates including quarterly earnings disclosures, product enhancements in auto/homeowners insurance, leadership changes, and strategic initiatives within the educator-focused insurance market. All content is sourced directly from company filings and verified press releases.
Key areas of coverage include innovations in educator retirement annuities, supplemental benefit program expansions, and corporate responsibility initiatives within school communities. Users gain strategic insights into how HMN maintains its niche market position through specialized underwriting practices.
Bookmark this page for streamlined monitoring of HMN's financial performance and operational updates. Combine this resource with SEC filings and market analysis tools for informed decision-making regarding educator-focused financial services.
A Horace Mann Educators (NYSE:HMN) survey reveals that educators face significant challenges as they prepare for the upcoming school year. Rising supply costs and preparation time are primary concerns. 25% of teachers spend over $500 of their own money on classroom supplies annually, while another 25% spend more than $300.
Teachers are working unpaid hours during summer vacations to prepare classrooms, create lesson plans, and attend workshops. Many feel there's insufficient time to complete all tasks before students arrive. To address these challenges, Horace Mann has launched the 'Set for Success' Sweepstakes, offering 100 educators a chance to win a $250 gift card and 25 schools an opportunity to receive $1,000 for welcoming teachers back.
Horace Mann Educators (NYSE:HMN) has revised its full-year 2024 core EPS guidance to $2.40-$2.70, with Q2 core EPS expected at $0.18-$0.20. The revision is primarily due to lower-than-expected net investment income from valuation adjustments in commercial mortgage loan funds. Despite this, the company reports strong sales growth across multiple business lines, with P&C sales increasing over 30%.
The company narrowed its P&C segment earnings guidance to $36-$39 million, with Q2 catastrophe losses estimated at $40-$42 million pretax. The Supplemental & Group Benefits segment's full-year earnings estimate was increased to $49-$52 million due to lower-than-expected benefits utilization. Horace Mann remains confident in achieving a 10% return on equity by 2025 through its P&C restoration strategy and profitable growth initiatives.
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.
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.
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.
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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