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Horace Mann Educators Corporation(HMN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HMN
09/15/2026: HMN (2-star) is currently NOT-A-BUY. Pass it for now.
Horace Mann Educators Corporation is a niche insurance and financial services provider focusing on the specific needs of the K-12 educator community. Its main strength lies in its long-standing, trusted relationship with educators, which supports a stable distribution model. The company's primary growth opportunity is the continued expansion of its supplemental insurance offerings, which helps diversify revenue beyond its core P&C and retirement lines. Key risks include intense competition from national insurance carriers and sensitivity to interest rate environments. The stock may best suit value or dividend-focused investors; key developments to monitor include underwriting performance and the successful integration of digital platform initiatives.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company is a mature insurer with stable, moderate growth expectations rather than high-growth potential. |
| Momentum investor | Weak fit | The stock typically exhibits value-oriented or income-driven characteristics rather than strong momentum. |
| Value investor | Strong fit | The company often trades at valuations that may appeal to value-focused investors looking for established, steady businesses. |
| Dividend investor | Strong fit | Horace Mann has a history of paying dividends, making it suitable for income-focused portfolios. |
| Low-risk investor | Mixed fit | While the business is established, insurance stocks carry inherent market, regulatory, and catastrophe-related risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Insurance stocks can experience volatility due to interest rate shifts and major weather events. |
| Valuation risk | Low | The stock generally trades based on book value and earnings multiples common to the insurance industry. |
| Competition risk (Insurance Market) | High | Intense competition from national carriers with greater scale poses a constant threat to market share. |
| Business quality | Medium | The company has a stable niche, though it lacks the broad scale and diversification of industry giants. |
| Dividend income | Medium | Dividend payouts depend on consistent underwriting results and regulatory capital requirements. |
| Execution risk | Medium | Successfully cross-selling multiple products to the educator base is essential for growth targets. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 6.67% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.02B USD | Price to earnings Ratio 11.63 | 1Y Target Price 56.5 |
Price to earnings Ratio 11.63 | 1Y Target Price 56.5 | ||
Volume (30-day avg) 254.0K shares | Beta 0.09 | 52 Weeks Range 40.91 - 55.56 | Updated Date 09/15/2026 |
52 Weeks Range 40.91 - 55.56 | Updated Date 09/15/2026 | ||
Dividends yield (FY) 2.91% | Basic EPS (TTM) 4.28 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Retirement Segment | Individual annuities and 403(b) plans for educators. | The company earns fees and investment spreads on long-term retirement savings products. |
| Property & Casualty | Auto and homeowners insurance. | The company collects premiums for coverage and seeks to generate underwriting profit after claims and expenses. |
| Supplemental Insurance | Disability, cancer, and critical illness insurance. | This is a growth area involving selling supplemental health benefits to employees at their worksite. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 11.63 | Forward PE 9.25 | Enterprise Value 2.52B | Price to Sales(TTM) 1.15 |
Enterprise Value 2.52B | Price to Sales(TTM) 1.15 | ||
Enterprise Value to Revenue 1.51 | Enterprise Value to EBITDA - | Shares Outstanding 40.50M | Shares Floating 40.26M |
Shares Outstanding 40.50M | Shares Floating 40.26M | ||
Percent Insiders 1.56 | Percent Institutions 106.66 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Horace Mann Educators Corporation
Exchange NYSE | Headquarters Springfield, IL, United States | ||
IPO Launch date 1991-11-15 | President, CEO & Director Ms. Marita Zuraitis | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 1800 | Website https://www.horacemann.com |
Full time employees 1800 | Website https://www.horacemann.com | ||
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; property coverage for homeowners and renters. The Life & Retirement segment sells tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. 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 coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, benefit specialists, direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.
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