HMN
Horace Mann Educators Corporation
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
-11/100
Last price
45.51
▼ 0.09 (0.20%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
45.70
Prev close
45.60
Day high
46.00
Day low
45.33
Volume
254.36K
Market cap
$1.84B
P/E (TTM)
10.63
52W range
41.29 – 55.56
Day trading desk
Gap from prior close
+0.22%
Prior close 45.60
VWAP
45.52
-0.02% from price
Relative volume
1.34×
Normal
Session range
1.48%
45.33 – 46.00
Position in range
27%
Near session low
ATR (14D)
0.95
2.08% of price
Prior day high
45.99
PDH
Prior day low
45.03
PDL
Bid / ask spread
—
Quote not published
Session volume
383.05K
Avg 286.71K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
0.00%
-1.9%
1M
-10.66%
-11.8%
3M
-14.82%
-19.3%
6M
+3.53%
-14.7%
YTD
-1.45%
-15.7%
1Y
+2.48%
-13.9%
3Y
+54.90%
-27.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on HMN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+108.72K
Net buying
Buy transactions
9
165.37K shares
Sell transactions
12
56.65K shares
Net transactions
+21
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
630.60K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 3, 26 | CARLEY DONALD M General Counsel |
SELL | 2.05K | $107.39K | Direct |
| Sep 3, 26 | HINES PERRY GLENN Director |
SELL | 3.24K | $169.04K | Direct |
| Sep 1, 26 | ZURAITIS MARITA Chief Executive Officer |
SELL | 7.50K | $382.43K | Direct |
| Aug 12, 26 | REECE HENRY WADE Director |
SELL | 1.36K | $70.02K | Direct |
| Aug 12, 26 | BRADLEY THOMAS A Director |
SELL | 5.00K | $258.62K | Direct |
| Aug 3, 26 | ZURAITIS MARITA Chief Executive Officer |
SELL | 7.50K | $390.25K | Direct |
| Jul 1, 26 | ZURAITIS MARITA Chief Executive Officer |
SELL | 7.50K | $394.61K | Direct |
| Jun 24, 26 | ZURAITIS MARITA Chief Executive Officer |
CONVERSION | 141.96K | $6.03M | Direct |
| Jun 2, 26 | ZURAITIS MARITA Chief Executive Officer |
SELL | 7.50K | $346.85K | Direct |
| May 20, 26 | FETTER VICTOR Director |
STOCK | 3.96K | $185.02K | Direct |
| May 20, 26 | MCCLURE BEVERLEY J Director |
STOCK | 2.78K | $130.02K | Direct |
| May 20, 26 | REECE HENRY WADE Director |
STOCK | 2.78K | $130.02K | Direct |
| May 20, 26 | SAMUEL AALIYAH A Director |
STOCK | 2.78K | $130.02K | Direct |
| May 20, 26 | HINES PERRY GLENN Director |
STOCK | 2.78K | $130.02K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BRADLEY THOMAS A |
Director | 21.81K | Sale |
CARLEY DONALD M |
General Counsel | 28.76K | Sale |
CONKLIN BRET A. |
Officer | 59.67K | Stock Gift |
DESROCHERS MARK R. |
Officer | 24.38K | Stock Award(Grant) |
FETTER VICTOR |
Director | 26.77K | Stock Award(Grant) |
HINES PERRY GLENN |
Director | 25.12K | Sale |
JOHNSON KIMBERLY A |
Officer | 19.35K | Sale |
KONEN MARK E |
Director | 25.41K | Stock Award(Grant) |
REECE HENRY WADE |
Director | 41.80K | Sale |
ZURAITIS MARITA |
Chief Executive Officer | 299.63K | Sale |
Fundamentals
Market cap$1.84B
Enterprise value$2.21B
Revenue (TTM)$1.75B
Gross profit$689.50M
EBITDA$281.30M
Net income$177.30M
EPS (TTM)$4.28
Free cash flow$222.65M
Total cash$229.40M
Total debt$594.20M
Book value / share$37.11
Shares outstanding40.50M
Float40.26M
Short % of float3.80%
Dividend yield3.16%
Beta (5Y)0.10
Valuation & profitability ratios
Trailing P/E10.63
Forward P/E8.46
PEG ratio1.16
Price / sales—
Price / book1.23
EV / revenue1.27
EV / EBITDA7.85
Gross margin39.49%
Operating margin13.21%
Profit margin10.15%
Return on equity12.38%
Return on assets1.05%
Debt / equity39.54
Current ratio2.87
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.62B | $1.55B | $1.43B | $1.34B | +4.8% |
| Operating revenue | $1.62B | $1.55B | $1.43B | $1.34B | +4.8% |
| Net interest income | -$36.40M | -$34.60M | -$29.70M | -$19.40M | -5.2% |
| Pre-tax income | $201.20M | $128.60M | $53.30M | $16.50M | +56.5% |
| Tax provision | $39.10M | $25.80M | $8.30M | -$3.30M | +51.6% |
| Net income | $162.10M | $102.80M | $45.00M | $19.80M | +57.7% |
| Net income to common | $162.10M | $102.80M | $45.00M | $19.80M | +57.7% |
| Basic EPS | 3.93 | 2.49 | 1.09 | 0.48 | +57.8% |
| Diluted EPS | 3.90 | 2.48 | 1.09 | 0.47 | +57.3% |
| EBIT | $237.60M | $163.20M | $83.00M | $35.90M | +45.6% |
| Basic shares | 41.20M | 41.30M | 41.30M | 41.60M | -0.2% |
| Diluted shares | 41.60M | 41.50M | 41.40M | 41.80M | +0.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $26.20M | $33.10M | $29.00M | $42.20M | — | -20.8% |
| Cash & short-term investments | $634.50M | $5.62B | $5.49B | $5.41B | — | -88.7% |
| Accounts receivable | $419.00M | $424.80M | $480.50M | $468.00M | — | -1.4% |
| Property, plant & equipment | $70.80M | $73.40M | $68.60M | $69.30M | — | -3.5% |
| Goodwill & intangibles | $182.40M | $210.10M | $224.60M | $239.50M | — | -13.2% |
| Total assets | $15.27B | $14.49B | $14.05B | $13.31B | — | +5.4% |
| Current debt | — | $0 | $0 | $249.00M | $249.00M | — |
| Long-term debt | $593.40M | $547.00M | $546.00M | $249.00M | — | +8.5% |
| Total debt | $593.40M | $547.00M | $546.00M | $498.00M | — | +8.5% |
| Total liabilities | $13.78B | $13.20B | $12.87B | $12.21B | — | +4.4% |
| Retained earnings | $1.65B | $1.55B | $1.50B | $1.51B | — | +6.7% |
| Shareholder equity | $1.48B | $1.29B | $1.18B | $1.10B | — | +15.2% |
| Net tangible assets | $1.30B | $1.08B | $950.70M | $858.80M | — | +20.7% |
| Shares issued | 67.32M | 67.03M | 66.75M | 66.62M | — | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $162.10M | $102.80M | $45.00M | $19.80M | +57.7% |
| Depreciation & amortisation | $27.10M | $26.40M | $26.20M | $27.60M | +2.7% |
| Stock-based compensation | $10.20M | $9.90M | $9.50M | $8.90M | +3.0% |
| Change in working capital | $349.60M | $261.60M | $211.90M | $35.70M | +33.6% |
| Operating cash flow | $553.20M | $452.10M | $302.10M | $171.50M | +22.4% |
| Investing cash flow | -$252.10M | -$135.80M | -$107.40M | -$214.60M | -85.6% |
| Share buybacks | -$20.80M | -$8.60M | -$6.50M | -$24.00M | -141.9% |
| Dividends paid | -$57.10M | -$55.50M | -$53.90M | -$52.60M | -2.9% |
| Financing cash flow | -$311.70M | -$307.90M | -$207.80M | -$47.80M | -1.2% |
| Free cash flow | $553.20M | $452.10M | $302.10M | $171.50M | +22.4% |
| End cash position | $27.50M | $38.10M | $29.70M | $42.80M | -27.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $426.40M | $416.10M | $419.20M | $417.10M | $391.60M | — | +2.5% |
| Operating revenue | $426.40M | — | — | — | — | — | — |
| Net interest income | -$9.60M | -$9.50M | -$10.00M | -$8.90M | -$8.60M | — | -1.1% |
| Pre-tax income | $49.00M | $50.20M | $45.70M | $71.50M | $36.50M | — | -2.4% |
| Tax provision | $7.40M | $9.00M | $9.50M | $13.20M | $7.10M | — | -17.8% |
| Net income | $41.60M | $41.20M | $36.20M | $58.30M | $29.40M | — | +1.0% |
| Net income to common | $41.60M | $41.20M | $36.20M | $58.30M | $29.40M | — | +1.0% |
| Basic EPS | 1.02 | 1.01 | — | 1.42 | 0.71 | 0.93 | +1.0% |
| Diluted EPS | 1.01 | 1.00 | — | 1.40 | 0.71 | 0.92 | +1.0% |
| EBIT | $58.60M | $59.70M | $55.70M | $80.40M | $45.10M | — | -1.8% |
| Basic shares | 40.90M | 40.90M | — | 41.20M | 41.30M | 41.30M | 0.0% |
| Diluted shares | 41.20M | 41.20M | — | 41.60M | 41.60M | 41.60M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $44.60M | $19.10M | $26.20M | $46.70M | $38.70M | — | +133.5% |
| Cash & short-term investments | $505.50M | $497.50M | $634.50M | $674.90M | $2.48B | — | +1.6% |
| Accounts receivable | $409.20M | $421.50M | $419.00M | $423.10M | $403.70M | — | -2.9% |
| Property, plant & equipment | — | — | $70.80M | — | — | — | — |
| Goodwill & intangibles | $188.70M | $192.20M | $182.40M | $199.40M | $202.90M | — | -1.8% |
| Total assets | $15.60B | $14.97B | $15.27B | $15.49B | $14.73B | — | +4.3% |
| Current debt | — | $0 | — | — | — | $0 | — |
| Long-term debt | $594.20M | $593.80M | $593.40M | $842.90M | $547.50M | — | +0.1% |
| Total debt | $594.20M | $593.80M | $593.40M | $842.90M | $547.50M | — | +0.1% |
| Total liabilities | $14.10B | $13.50B | $13.78B | $14.05B | $13.37B | — | +4.5% |
| Retained earnings | $1.70B | $1.68B | $1.65B | $1.63B | $1.59B | — | +1.6% |
| Shareholder equity | $1.50B | $1.47B | $1.48B | $1.44B | $1.36B | — | +2.2% |
| Net tangible assets | $1.31B | $1.28B | $1.30B | $1.24B | $1.16B | — | +2.8% |
| Shares issued | 40.49M | 67.47M | 67.32M | 67.32M | 67.18M | — | -40.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $41.60M | $41.20M | $36.20M | $58.30M | $29.40M | +1.0% |
| Depreciation & amortisation | $6.70M | $6.70M | $6.70M | $6.80M | $6.60M | 0.0% |
| Stock-based compensation | $2.40M | $2.20M | $2.60M | $2.40M | $2.60M | +9.1% |
| Change in working capital | $169.10M | $10.90M | $81.20M | $89.10M | $88.60M | +1,451.4% |
| Operating cash flow | $223.70M | $61.30M | $129.90M | $151.20M | $131.30M | +264.9% |
| Investing cash flow | -$102.90M | $16.20M | -$17.50M | -$162.60M | -$36.90M | -735.2% |
| Share buybacks | $100.00K | -$18.30M | -$6.90M | -$6.80M | -$6.90M | +100.5% |
| Dividends paid | -$14.50M | -$14.60M | -$14.20M | -$14.30M | -$14.30M | +0.7% |
| Financing cash flow | -$95.50M | -$84.10M | -$387.40M | $273.00M | -$83.80M | -13.6% |
| Free cash flow | $223.70M | $61.30M | $129.90M | $151.20M | $131.30M | +264.9% |
| End cash position | $46.20M | $20.90M | $27.50M | $302.50M | $40.90M | +121.1% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
50.00
+9.9% from spot
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
50.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.73 | 1.17 | +60.3% |
| Mar 2026 | 1.10 | 1.28 | +16.4% |
| Dec 2025 | 1.18 | 1.21 | +2.8% |
| Sep 2025 | 1.11 | 1.36 | +22.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.08 | 3 | $444.20M | +1.3% |
| Next quarter | 1.34 | 2 | $449.90M | +3.5% |
| Current year | 4.86 | 3 | $1.77B | +3.9% |
| Next year | 5.38 | 3 | $2.07B | +17.2% |
Analyst targets & ownership
Mean target$56.50
High target$59.00
Low target$54.00
Implied upside24.15%
Analyst count2
ConsensusBUY
Strong buy / Buy0 / 2
Hold1
Sell / Strong sell0 / 0
Held by insiders1.56%
Held by institutions106.61%
Institutions holding371
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
45.42
+0.21% from price
SMA 20
47.15
-3.47% from price
SMA 50
49.84
-8.68% from price
SMA 100
49.65
-8.34% from price
SMA 200
46.84
-2.84% from price
EMA 12
46.05
-1.17% from price
EMA 26
47.49
-4.16% from price
EMA 50
48.66
-6.47% from price
RSI (14)
33.8
Neutral
MACD (12,26,9)
-1.44
Hist -0.06
ATR (14)
0.95
2.08% of price
Realised vol 30D
17.6%
Annualised
Bollinger upper
50.84
20, 2σ
Bollinger lower
43.45
20, 2σ
50 / 200 cross
Golden
49.84 vs 46.84
Trend bias
Below 200
-2.84%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.09
Less volatile than market
Correlation to SPY
-0.06
Largely independent
Realised vol 30D
17.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-17.6%
Peak to trough
Max drawdown 5Y
-34.6%
Peak to trough
ATR 14
0.95
2.08% of price
Beta (reported)
0.10
5Y monthly, from filing
Short interest
Shares short
1.12M
Prior 1.05M
Change vs prior
+6.7%
Shorts adding
% of float
3.80%
Normal
% of shares out
2.76%
Against total outstanding
Days to cover
4.5
Liquid
Float
40.26M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 28, 25 | BMO Capital | INITIATED | — | Outperform |
| Jul 3, 25 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| May 15, 25 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Feb 11, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Feb 7, 25 | JMP Securities | MAINTAINED | Market Perform | Market Perform |
| Feb 7, 25 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Nov 12, 24 | Keefe, Bruyette & Woods | DOWNGRADE | Outperform | Market Perform |
| Nov 6, 24 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Oct 2, 24 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Aug 13, 24 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Jul 26, 24 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Jun 28, 24 | Piper Sandler | MAINTAINED | Neutral | Neutral |
Dividends & splits
Forward rate$1.44 / yr
Forward yield3.16%
5-year avg yield3.42%
Payout ratio33.18%
Ex-dividend dateSep 16, 2026
Next pay dateSep 30, 2026
Last split2:1
Split dateDec 16, 1997
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-10-01
Periodic Financial Reports
10-Q · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-08-05
Corporate Changes & Voting Matters
8-K · 2026-07-21
Corporate Changes & Voting Matters
8-K · 2026-05-21
Periodic Financial Reports
10-Q · 2026-05-08
Corporate Changes & Voting Matters
8-K · 2026-05-06
Proxy Statements
DEFA14A · 2026-04-06
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.