Horace Mann Educators

Horace Mann Educators Corp. is an insurance holding company, which engages in the provision of insurance and retirement solutions to educators and school employees. It operates through the following business segments: Property and Casualty, Supplemental, Retirement, Life, and Corporate and Other. The Property and Casualty segment focuses on personal lines of automobile and property insurance products. The Supplemental segment focuses on heart, cancer, accident, and limited short-term supplemental disability coverage. The Retirement segment consists of tax-qualified fixed and variable annuities. The Life segment offers life insurance. The Corporate and Other segment includes interest expense on debt, the impact of realized investment gains and losses and certain public company expenses. The company was founded by Carrol Hall and Leslie Nimmo in 1945 and is headquartered in Springfield, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Horace Mann aims to double earnings, tackles inflation challenges

Horace Mann's Q4 2022 earnings call highlighted a mix of challenges and opportunities, with a focus on sustained growth, profitability, and operational efficiency across business segments.
The company's unique educator-focused approach in the P&C market, coupled with strategic expense management and growth initiatives, underpins its long-term success strategy.
Efforts to address industry-wide loss costs, improve benefit ratios, and leverage technology for growth underscore Horace Mann's commitment to enhancing shareholder value and customer relationships.
With a clear roadmap for achieving financial targets and expanding market presence, Horace Mann is poised to navigate market challenges and capitalize on emerging opportunities in the insurance sector.

Horace Mann reports Q1 earnings impacted by losses, eyes growth

Horace Mann's Q1 performance impacted by catastrophe losses but on track for full-year targets, with strong sales momentum and stable earnings sources.
Commitment to corporate social responsibility evident, with focus on reducing emissions, supporting educators, and communities.
Challenges include underwriting targets and potential adjustments in benefits ratios, while opportunities lie in retail expansion and growth strategies.
Confidence in 2023 outlook with core EPS expected in the range of $2 to $2.30, emphasizing sustainable return on equity and market share expansion.

Horace Mann meets Q2 expectations, eyes growth through rate increases

Horace Mann's Q2 performance met expectations with a focus on diversified revenue streams. Challenges include higher catastrophe losses and addressing loss cost environment. Opportunities lie in achieving a 2024 core ROE near 10% and increasing rates in favorable states.

Horace Mann reports strong Q3 earnings, eyes digital growth strategies

Horace Mann's Q3 performance reflects solid growth across divisions, with a strategic focus on profitability and customer retention. Challenges persist in managing injury severity trends and expense ratios, but opportunities lie in digital innovation and customer-centric strategies.

Horace Mann achieves strong earnings growth, eyes sustained ROE

Horace Mann's strong financial performance in 2023, focus on sustainable ROE, and strategic initiatives for 2024 position the company for continued growth. Challenges include managing negative other income and achieving growth targets amidst market dynamics. Opportunities lie in strategic actions, agent recruitment, and digital enhancements for market share expansion.

Horace Mann reports stellar Q3 earnings, eyes growth through partnerships

Horace Mann's strong financial performance, revenue growth, and operational efficiency improvements position the company well for sustained success in a competitive market.
While challenges such as market dynamics and cost management persist, strategic partnerships and innovative offerings present avenues for continued growth and profitability.
By capitalizing on opportunities in expanding sales channels and enhancing financial wellness solutions, Horace Mann can drive future growth and strengthen its market position.

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SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann to present at 2023 KBW Insurance Conference.

Horace Mann to present at 2023 KBW Insurance Conference

RAPID CITY, S.D.--(BUSINESS WIRE)--Horace Mann flash funds all Rapid City, SD, DonorsChoose projects to celebrate beginning of school year.

Horace Mann flash funds all Rapid City, SD, DonorsChoose projects to celebrate beginning of school year

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Cites balance sheet strength, integration of operations within Horace Mann as factors in upgrading Financial Strength Rating of Worksite subsidiary.

AM Best upgrades credit ratings of Madison National Life Insurance Company; affirms ratings of Horace Mann Educators Corporation and other subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Madison National Life Insurance Company (Madison National Life) (Madison, WI). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of the property/casualty (P/C) members of Horace Mann Insurance Group (Horace Mann), and H.

AM Best Upgrades Credit Ratings of Madison National Life Insurance Company; Affirms Credit Ratings of Horace Mann Educators Corporation and Remaining Subsidiaries

Horace Mann Educators Corporation (NYSE:HMN ) Q2 2023 Earnings Conference Call August 2, 2023 12:30 PM ET Company Participants Heather Wietzel - Vice President, Investor Relations Marita Zuraitis - President and Chief Executive Officer Bret Conklin - Executive Vice President and Chief Financial Officer Mark Desrochers - Senior Vice President, Head, P&C and Corporate Chief Actuary Conference Call Participants Matt Carletti - JMP John Barnidge - Piper Sandler Meyer Shields - KBW Operator Hello and welcome to the Horace Mann Educators Q2 2023 Investor Call. [Operator Instructions] Please note today's event is being recorded.

Horace Mann Educators Corporation (HMN) Q2 2023 Earnings Call Transcript

Horace Mann (HMN) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.

Horace Mann (HMN) Q2 Earnings Meet Estimates

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann reports second-quarter 2023 results in line  with pre-announcement.

Horace Mann reports second-quarter 2023 results in line with pre-announcement

Horace Mann (HMN) estimates second-quarter catastrophe loss of $41-$43 million pre-tax, which is expected to contribute 26 to 27 points to the second-quarter combined ratio and weigh on the bottom line.

Horace Mann (HMN) Estimates Q2 Cat Loss Between $41M & $43M

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann announces second-quarter catastrophe losses between  $41 and $43 million, pretax, as weather-driven losses rise across industry.

Horace Mann announces second-quarter catastrophe losses between $41 and $43 million, pretax, as weather-driven losses rise across industry

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Conference call to discuss results will be at 12:30 p.m. Eastern Time on August 2.

Horace Mann to announce second-quarter 2023 financial results on August 1

Strategic initiatives to fuel profitability, niche market focus and a solid capital position well poise Horace Mann (HMN) for growth.

Why Should You Stay Invested in Horace Mann (HMN) Stock Now?

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Shareholders approve all Board members by more than 98% of votes cast at Annual Meeting.

Horace Mann Educators Corporation Announces Election of Victor P. Fetter and Dr. Aaliyah A.

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation celebrated Teacher Appreciation Week by donating more than $50,000 to support DonorsChoose projects.

Horace Mann funds more than $50,000 in DonorsChoose projects to celebrate educators

Horace Mann Educators (NYSE:HMN ) Q1 2023 Earnings Conference Call May 3, 2023 ET Company Participants Marita Zuraitis - President, Chief Executive Officer Bret Conklin - Executive Vice President, Chief Financial Officer Mark Desrochers - Senior Vice President, Property & Casualty Matt Sharpe - Executive Vice President, Supplemental & Group Benefits Heather Wietzel - Vice President, Investor Relations Michael Weckenbrock - Senior Vice President, Retirement & Life Conference Call Participants Matt Carletti - JMP Securities John Barnidge - Piper Sandler Companies Derek Han - Keefe, Bruyette & Woods Operator Good day, and welcome to the Horace Mann First Quarter 2023 Investor Call. [Operator Instructions] Please note this event is being recorded.

Horace Mann Educators (HMN) Q1 2023 Earnings Call Transcript

Horace Mann (HMN) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.64 per share a year ago.

Horace Mann (HMN) Q1 Earnings Top Estimates

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann reports first-quarter 2023 earnings consistent with  pre-announcement.

Horace Mann reports first-quarter 2023 earnings consistent with pre-announcement

Horace Mann expects first-quarter 2023 core EPS* of $0.21 to $0.23 despite elevated catastrophe losses; reiterates full-year guidance

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE: HMN) today announced it has named Stephen J. McAnena as Executive Vice President and Chief Operating Officer effective May 8, 2023. In this role, McAnena will work closely with Marita Zuraitis, Horace Mann's President and Chief Executive Officer, to execute the next phase of the company's strategic journey, continuing to advance Horace Mann's vision to be the company of choice to provide insurance and financial solutions for educators and others who serve their communities.

Horace Mann names industry veteran Stephen J. McAnena to newly created role of Executive Vice President and Chief Operating Officer

Horace Mann to announce first-quarter 2023 financial results on May 2

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Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year's 31% boost with a 25% increase, resulting in a 63% payout increase since 2022.

Johnson & Johnson, Procter & Gamble Among 11 Companies To Continue Dividend Growth In Early April

Horace Mann releases 2022 Corporate Social Responsibility reporting

Horace Mann's (HMN) recent dividend hike reflects its solid financial foundation and operational performance.

Horace Mann (HMN) Ups Dividend to Boost Shareholders' Worth

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN) today announced that its Board of Directors approved a 3.1% increase in the quarterly cash dividend to $0.33 per share. This represents an indicated annual dividend of $1.32 per share. The quarterly dividend is payable on March 31, 2023, to shareholders of record as of March 16, 2023.

Horace Mann increases quarterly shareholder dividend, reiterates commitment to long-term shareholder value creation

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The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.

Colgate To Declare 60th Year Of Dividend Growth, 10 Companies Boost Annual Dividends

Horace Mann Educators is the most consistent dividend-distributing company in the multi-line insurance industry. It has been paying a dividend for the past 30 years. HMN has solid financial strength and has recently made strategic acquisitions to fortify its niche market.

Horace Mann Educators: Consistent Dividend But P&C Segment Is Struggling

News for Horace Mann Educators Stock (HMN)