Stock AnalizHorace Mann Educators Corp. HMN
Property-Casualty Insurers · IPO 1991 · data as of November 13, 2026
Horace Mann Educators Corp. (HMN) is a financial company listed in the US with a market value of about $2.1B. In the twelve months to September 30, 2026 it had revenue of $1.7B and net income of $178M, a net margin of 10.2%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is value (3/5); the weakest is track record (1/5).
Key numbers: a P/E of 12.4, a price to free cash flow of 4.1, 5-year revenue growth of 5% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 15% below the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.6B | $1.5B | $1.4B | $1.3B | $1.3B | $1.4B | $1.2B | $1.2B | $1.1B |
| Net income | $178M | $162M | $103M | $45M | $20M | $170M | $133M | $184M | $18M | $169M | $84M |
| Free cash flow | $527M | $553M | $452M | $302M | $172M | $205M | $260M | $128M | $201M | $257M | $211M |
| EPS (diluted) | $4.29 | $3.90 | $2.48 | $1.09 | $0.47 | $4.04 | $3.17 | $4.40 | $0.44 | $4.08 | $2.02 |
| Net margin | 10.2% | 9.5% | 6.4% | 3.0% | 1.4% | 12.8% | 10.2% | 12.9% | 1.5% | 14.5% | 7.4% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $56.50, 7% above the current price; targets range from $54.00 to $59.00; the consensus rating is “Buy”; expected EPS is $5.18 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Horace Mann Educators’s P/E ratio?
About 12.4, based on the last twelve months of diluted earnings per share (forward P/E about 10.0).
Is Horace Mann Educators stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 15% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Horace Mann Educators pay a dividend?
Yes. The dividend yield is about 2.70%, and it has paid dividends for 10 years in our data.
Is Horace Mann Educators a good stock to buy?
We do not give buy or sell advice. Horace Mann Educators scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.