Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; and internal revenue code for educator, which allows public school employees and employees of other tax-exempt organizations, such as not-for-profit private schools, to utilize pretax income to make periodic contributions to a qualified retirement plan. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverage. The company was founded in 1945 and is headquartered in Springfield, Illinois.
Financial Headwinds | Horace Mann faces challenges in its investment portfolio, particularly in commercial mortgage loans, leading to a downward revision of 2024 earnings guidance. |
Growth Amid Challenges | Explore HMN's robust sales growth across key business segments, showcasing the company's ability to expand market presence despite financial hurdles. |
Strategic Expansion | Delve into Horace Mann's potential for growth beyond its core educator market, leveraging its expertise to tap into new customer segments and revenue streams. |
Future Outlook | Learn about HMN's path to achieving double-digit adjusted ROE by 2025, with analyst price targets ranging from $35 to market perform ratings. |
Metrics to compare | HMN | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipHMNPeersSector | |
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P/E Ratio | 16.4x | −37.2x | 8.7x | |
PEG Ratio | 0.02 | 0.50 | 0.03 | |
Price/Book | 1.3x | 1.4x | 1.0x | |
Price / LTM Sales | 1.1x | 1.0x | 2.8x | |
Upside (Analyst Target) | 0.3% | 1.3% | 10.6% | |
Fair Value Upside | Unlock | −1.6% | 2.8% | Unlock |