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) is described in its news releases as the largest multiline financial services company focused on helping America’s educators and others who serve the community achieve lifelong financial success. The company highlights individual and group insurance and financial solutions tailored to the educator community, along with programs and partnerships that reflect this mission.
The Horace Mann news feed on Stock Titan brings together the company’s official announcements, including quarterly and full-year earnings releases, dividend declarations, and details on conference calls and investor webcasts. These items help investors follow how Horace Mann reports its financial performance, discusses segment trends, and communicates guidance and capital management decisions.
Beyond financial reporting, Horace Mann’s news also covers educator-focused initiatives. Recent releases describe partnerships with national fitness brands to make fitness more accessible for educators, collaborations with Crayola on Creativity Week and a Creativity Retreat Sweepstakes, and a Classroom Makeover Sweepstakes that provides grants and classroom upgrades to schools and teachers. Other announcements highlight partnerships with Teach For America and education-focused universities and alumni associations to offer financial education resources, workshops, and scholarships.
Because Horace Mann concentrates on the education community, its news often combines financial information with stories about educator wellness, classroom resources, and support for schools in communities facing economic challenges. Following HMN news can give investors, educators, and other stakeholders insight into how the company aligns its financial services business with its stated mission of serving educators and those who serve the community.
Horace Mann Educators Corporation (NYSE: HMN) reported a significant net loss of $18.5 million, or $0.45 per share, for Q4 2022, and an annual net loss of $2.6 million, or $0.06 per share. Core earnings for 2022 were $45.7 million, or $1.09 per share, but a core loss of $4.7 million, or $0.11 per share, was recorded for Q4. The company experienced realized investment losses and elevated loss costs in its Property & Casualty segment, which saw a combined ratio of 128%. The firm anticipates 2023 core earnings per share between $2.00 and $2.30 and aims for a return on equity (ROE) of approximately 10% by 2024.
According to a February 2023 report by Horace Mann Educators Corporation (NYSE: HMN), over 60% of public K-12 educators are contemplating leaving their positions. Factors driving this trend include staff shortages, stress, and financial concerns. The research indicates that 30% of educators plan to exit the profession within three years, with an additional 33% considering it. Furthermore, 80% of educators believe understaffing significantly impacts both students and teachers. While educators seek improved salaries and support, chronic understaffing is pushing many towards leaving, raising concerns about the educational workforce's future.
Horace Mann Educators Corporation (NYSE:HMN) expects a fourth-quarter loss of
Horace Mann Educators Corporation (NYSE:HMN) will announce its fourth-quarter and full-year 2022 results on February 7, after market close. This information, along with an investor supplement and presentation, will be accessible on the company’s website. A conference call to discuss these results is scheduled for February 8 at 12 p.m. Eastern Time, with options for web access or dialing in. Founded in 1945, Horace Mann focuses on providing financial services tailored for educators, aiming to support their lifelong financial success.
Horace Mann Educators Corporation (NYSE:HMN) has declared a quarterly cash dividend of
Horace Mann Educators Corporation (NYSE: HMN) reported Q3 2022 earnings of $13.9 million, down 14.7% year-over-year. Total revenues increased by 4.1% to $343 million, while core earnings rose 12.1% to $24 million, aided by strong performance in the Supplemental & Group Benefits segment, which contributed $19 million. However, net investment losses totaled $10.1 million. The company revised full-year core EPS guidance to $1.70 - $2.00 due to inflationary pressures and market volatility. Aiming for high-single digit return on equity in 2023, Horace Mann remains focused on growth in the education market.
Horace Mann Educators Corporation (NYSE:HMN) will announce its third-quarter 2022 results on
Founded in 1945, Horace Mann focuses on providing financial services tailored to educators, headquartered in Springfield, Illinois.
Horace Mann Educators Corporation (NYSE:HMN) has announced a quarterly cash dividend of $0.32 per share, payable on September 30, 2022, to shareholders of record as of September 16, 2022. This dividend highlights the company's commitment to returning value to its investors while serving the educator community through tailored financial solutions. Founded in 1945, Horace Mann focuses on helping educators achieve lifelong financial success.
Horace Mann Educators Corporation (NYSE:HMN) reported a second-quarter net loss of $0.30 per share, attributed to high catastrophe losses and inflation's impact on auto insurance. Total revenues decreased slightly by 0.2% to $346.3 million, while net investment income was $79 million. Core EPS guidance for 2022 has been revised upward to $2.15 to $2.35. Sales momentum in the Supplemental & Group Benefits segment surged 83%. However, the Property & Casualty segment experienced a significant net loss, with a combined ratio of 126.9%. The company remains focused on enhancing shareholder value through share repurchase programs.
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Ratings of 'a' (Excellent) for Horace Mann Insurance Group and its subsidiaries. The FSR for Madison National Life is A- (Excellent), and the Long-Term ICR for Horace Mann Educators Corporation (HMN) is 'bbb' (Good). The outlook for all ratings is stable, reflecting strong balance sheet strength and adequate operating performance across the group. Horace Mann Life is a leading provider of fixed and variable annuities for educators, demonstrating consistent operating gains and favorable persistency.
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