For its third fiscal quarter (ending September 30), Horace Mann Educators Corp (NYSE: HMN) has reported a -43% decline in E.P.S. from $0.49 a year ago to $0.28 in the current quarter. Relative to the consensus estimate of $0.43, this was a shortfall of $-0.15. For the latest four quarters through September 30, E.P.S. were $-0.32 compared to $1.84 a year ago — a decline of -117%.
Recent Price Action
Horace Mann Educators Corp (NYSE: HMN) stock rose modestly by 0.6% on 11/2/23. The stock closed at $31.97. The stock has risen 0.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
HMN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.
Horace Mann Educators has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Horace Mann Educators has a slightly negative Power Rating of 38 and a slightly negative Appreciation Score of 34, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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