HORACE MANN EDUCATORS (HMN) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:HMN • US4403271046
45.08 USD
+0.27 (+0.6%)
Last: Feb 2, 2026, 12:54 PM
HMN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 147 industry peers in the Insurance industry. HMN may be in some trouble as it scores bad on both profitability and health. HMN is valued quite cheap, while showing a decent growth score. This is a good combination! HMN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- HMN had positive earnings in the past year.
- HMN had a positive operating cash flow in the past year.
- Of the past 5 years HMN 4 years were profitable.
- In the past 5 years HMN always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.06%, HMN is doing worse than 61.90% of the companies in the same industry.
- The Return On Equity of HMN (11.39%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 11.39% | ||
| ROIC | N/A |
ROA(3y)0.34%
ROA(5y)0.6%
ROE(3y)3.86%
ROE(5y)5.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HMN has a better Profit Margin (9.79%) than 61.22% of its industry peers.
- In the last couple of years the Profit Margin of HMN has declined.
- HMN has a Operating Margin of 14.25%. This is comparable to the rest of the industry: HMN outperforms 59.86% of its industry peers.
- In the last couple of years the Operating Margin of HMN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.25% | ||
| PM (TTM) | 9.79% | ||
| GM | N/A |
OM growth 3Y-12.94%
OM growth 5Y-12.98%
PM growth 3Y-15.29%
PM growth 5Y-12.85%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- HMN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for HMN remains at a similar level compared to 1 year ago.
- The number of shares outstanding for HMN has been reduced compared to 5 years ago.
- HMN has a better debt/assets ratio than last year.
2.2 Solvency
- HMN has a debt to FCF ratio of 1.37. This is a very positive value and a sign of high solvency as it would only need 1.37 years to pay back of all of its debts.
- HMN has a Debt to FCF ratio of 1.37. This is in the better half of the industry: HMN outperforms 61.22% of its industry peers.
- HMN has a Debt/Equity ratio of 0.58. This is a neutral value indicating HMN is somewhat dependend on debt financing.
- HMN's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. HMN is outperformed by 76.19% of its industry peers.
- Although HMN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.37 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.01%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 113.33% over the past year.
- The Earnings Per Share has been growing slightly by 7.81% on average over the past years.
- The Revenue has been growing slightly by 5.66% in the past year.
- HMN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.09% yearly.
EPS 1Y (TTM)113.33%
EPS 3Y-3.86%
EPS 5Y7.81%
EPS Q2Q%78.95%
Revenue 1Y (TTM)5.66%
Revenue growth 3Y5.8%
Revenue growth 5Y2.09%
Sales Q2Q%7.58%
3.2 Future
- The Earnings Per Share is expected to grow by 18.21% on average over the next years. This is quite good.
- The Revenue is expected to grow by 5.08% on average over the next years.
EPS Next Y49.2%
EPS Next 2Y21.6%
EPS Next 3Y18.21%
EPS Next 5YN/A
Revenue Next Year5.98%
Revenue Next 2Y6.22%
Revenue Next 3Y5.08%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- HMN is valuated reasonably with a Price/Earnings ratio of 8.80.
- 70.07% of the companies in the same industry are more expensive than HMN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of HMN to the average of the S&P500 Index (28.32), we can say HMN is valued rather cheaply.
- With a Price/Forward Earnings ratio of 9.56, the valuation of HMN can be described as very reasonable.
- HMN's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. HMN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 9.56 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as HMN.
- Based on the Price/Free Cash Flow ratio, HMN is valued cheaply inside the industry as 83.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | 9.84 |
4.3 Compensation for Growth
- HMN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HMN's earnings are expected to grow with 18.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)1.13
EPS Next 2Y21.6%
EPS Next 3Y18.21%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.17%, HMN has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.19, HMN pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.83, HMN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
- The dividend of HMN has a limited annual growth rate of 3.32%.
- HMN has been paying a dividend for at least 10 years, so it has a reliable track record.
- HMN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.32%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
- HMN pays out 34.55% of its income as dividend. This is a sustainable payout ratio.
- HMN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP34.55%
EPS Next 2Y21.6%
EPS Next 3Y18.21%
HORACE MANN EDUCATORS / HMN FAQ
What is the ChartMill fundamental rating of HORACE MANN EDUCATORS (HMN) stock?
ChartMill assigns a fundamental rating of 4 / 10 to HMN.
What is the valuation status of HORACE MANN EDUCATORS (HMN) stock?
ChartMill assigns a valuation rating of 7 / 10 to HORACE MANN EDUCATORS (HMN). This can be considered as Undervalued.
What is the profitability of HMN stock?
HORACE MANN EDUCATORS (HMN) has a profitability rating of 3 / 10.
What are the PE and PB ratios of HORACE MANN EDUCATORS (HMN) stock?
The Price/Earnings (PE) ratio for HORACE MANN EDUCATORS (HMN) is 8.8 and the Price/Book (PB) ratio is 1.27.
What is the earnings growth outlook for HORACE MANN EDUCATORS?
The Earnings per Share (EPS) of HORACE MANN EDUCATORS (HMN) is expected to grow by 49.2% in the next year.