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22.69 (1y: +38%)
Market Cap 915.21 M P/E(ttm) 9.00
Enterprise Value 1.15 B P/B 0.72
HMN- NYSE (USA)
Horace Mann Educators
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$22.69
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.064
HMN's Cash to Debt is ranked lower than
86% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.69 vs. HMN: 0.064 )
HMN' s 10-Year Cash to Debt Range
Min: 0.03   Max: 0.42
Current: 0.06
0.03
0.42
Equity to Asset 0.147
HMN's Equity to Asset is ranked higher than
54% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.14 vs. HMN: 0.147 )
HMN' s 10-Year Equity to Asset Range
Min: 0.07   Max: 0.15
Current: 0.15
0.07
0.15
Interest Coverage 10.5
HMN's Interest Coverage is ranked lower than
70% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 10000.00 vs. HMN: 10.5 )
HMN' s 10-Year Interest Coverage Range
Min: 2   Max: 11
Current: 10.5
2
11
F-Score: 5
Z-Score: 0.4
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 14.80
HMN's Operating margin (%) is ranked higher than
86% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 7.85 vs. HMN: 14.80 )
HMN' s 10-Year Operating margin (%) Range
Min: 9.5   Max: 85.9
Current: 14.8
9.5
85.9
Net-margin (%) 10.3
HMN's Net-margin (%) is ranked higher than
89% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 5.40 vs. HMN: 10.3 )
HMN' s 10-Year Net-margin (%) Range
Min: 1.3   Max: 11.3
Current: 10.3
1.3
11.3
ROE (%) 8.3
HMN's ROE (%) is ranked higher than
68% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 8.40 vs. HMN: 8.3 )
HMN' s 10-Year ROE (%) Range
Min: 2.1   Max: 15
Current: 8.3
2.1
15
ROA (%) 1.3
HMN's ROA (%) is ranked higher than
59% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 1.20 vs. HMN: 1.3 )
HMN' s 10-Year ROA (%) Range
Min: 0.2   Max: 1.6
Current: 1.3
0.2
1.6
ROC (Joel Greenblatt) (%) 653.70
HMN's ROC (Joel Greenblatt) (%) is ranked higher than
92% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 108.80 vs. HMN: 653.70 )
HMN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 0.6   Max: 13706.3
Current: 653.7
0.6
13706.3
Revenue Growth (%) 1.4
HMN's Revenue Growth (%) is ranked higher than
68% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 4.50 vs. HMN: 1.4 )
HMN' s 10-Year Revenue Growth (%) Range
Min: -1.5   Max: 4.9
Current: 1.4
-1.5
4.9
EBITDA Growth (%) 8.3
HMN's EBITDA Growth (%) is ranked lower than
86% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: -3.45 vs. HMN: 8.3 )
HMN' s 10-Year EBITDA Growth (%) Range
Min: -48.6   Max: 78.1
Current: 8.3
-48.6
78.1
EPS Growth (%) 8.5
HMN's EPS Growth (%) is ranked higher than
97% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 6.90 vs. HMN: 8.5 )
HMN' s 10-Year EPS Growth (%) Range
Min: -36.6   Max: 58.4
Current: 8.5
-36.6
58.4
ยป HMN's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HMN Guru Trades in Q2 2012

HOTCHKIS & WILEY 1,546,929 sh (+11.26%)
Jim Simons Sold Out
Donald Smith 2,329,806 sh (-0.41%)
Diamond Hill Capital 929,955 sh (-2.36%)
John Rogers 561,109 sh (-9.27%)
Ken Fisher 65,925 sh (-92.41%)
» More
Q3 2012

HMN Guru Trades in Q3 2012

Jim Simons 13,300 sh (New)
Donald Smith 2,331,123 sh (+0.06%)
Ken Fisher 65,925 sh (unchged)
HOTCHKIS & WILEY 1,536,129 sh (-0.7%)
John Rogers 403,644 sh (-28.06%)
Diamond Hill Capital 656,765 sh (-29.38%)
» More
Q4 2012

HMN Guru Trades in Q4 2012

Paul Tudor Jones 12,700 sh (New)
John Rogers 416,689 sh (+3.23%)
Ken Fisher 65,925 sh (unchged)
Donald Smith 2,331,125 sh (unchged)
Diamond Hill Capital Sold Out
Jim Simons Sold Out
HOTCHKIS & WILEY 1,451,829 sh (-5.49%)
» More
Q1 2013

HMN Guru Trades in Q1 2013

Jim Simons 23,831 sh (New)
Paul Tudor Jones 26,700 sh (+110.24%)
John Rogers 436,869 sh (+4.84%)
Ken Fisher 65,925 sh (unchged)
Donald Smith 2,329,919 sh (-0.05%)
HOTCHKIS & WILEY 1,269,429 sh (-12.56%)
» More
» Details

Insider Trades

Latest Guru Trades with HMN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2011-12-31 Add 32.51%0.24%$10.74 - $14.03 $ 22.6978%2338758
Donald Smith 2011-09-30 Add 178.41%0.47%$10.94 - $15.9 $ 22.6968%1764913
Donald Smith 2011-06-30 New Buy0.32%$14.78 - $18.01 $ 22.6939%633937
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 9.00
HMN's P/E(ttm) is ranked higher than
76% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 11.13 vs. HMN: 9.00 )
HMN' s 10-Year P/E(ttm) Range
Min: 6.35   Max: 324
Current: 9
6.35
324
P/B 0.72
HMN's P/B is ranked higher than
59% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.88 vs. HMN: 0.72 )
HMN' s 10-Year P/B Range
Min: 0.44   Max: 2.24
Current: 0.72
0.44
2.24
P/S 0.92
HMN's P/S is ranked lower than
78% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.58 vs. HMN: 0.92 )
HMN' s 10-Year P/S Range
Min: 0.29   Max: 1.21
Current: 0.92
0.29
1.21
PFCF 5.02
HMN's PFCF is ranked higher than
70% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 5.68 vs. HMN: 5.02 )
HMN' s 10-Year PFCF Range
Min: 1.42   Max: 7.06
Current: 5.02
1.42
7.06
EV-to-EBIT 7.71
HMN's EV-to-EBIT is ranked higher than
78% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 9.65 vs. HMN: 7.71 )
HMN' s 10-Year EV-to-EBIT Range
Min: 1   Max: 35.6
Current: 7.71
1
35.6
PEG 0.15
HMN's PEG is ranked higher than
97% of the 35 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 1.34 vs. HMN: 0.15 )
HMN' s 10-Year PEG Range
Min: 0.14   Max: 4.94
Current: 0.15
0.14
4.94
Shiller P/E 12.61
HMN's Shiller P/E is ranked higher than
76% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 11.90 vs. HMN: 12.61 )
HMN' s 10-Year Shiller P/E Range
Min: 4.27   Max: 25.91
Current: 12.61
4.27
25.91

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.71
HMN's Dividend Yield is ranked higher than
54% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 2.80 vs. HMN: 2.71 )
HMN' s 10-Year Dividend Yield Range
Min: 1.46   Max: 7.18
Current: 2.71
1.46
7.18
Dividend Payout 0.2
HMN's Dividend Payout is ranked higher than
89% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.39 vs. HMN: 0.2 )
HMN' s 10-Year Dividend Payout Range
Min: 0.13   Max: 1.53
Current: 0.2
0.13
1.53
Dividend growth (3y) 23.3
HMN's Dividend growth (3y) is ranked higher than
89% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: -26.00 vs. HMN: 23.3 )
HMN' s 10-Year Dividend growth (3y) Range
Min: -13.2   Max: 23.3
Current: 23.3
-13.2
23.3
Yield on cost (5-Year) 5.62
HMN's Yield on cost (5-Year) is ranked higher than
59% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 2.80 vs. HMN: 5.62 )
HMN' s 10-Year Yield on cost (5-Year) Range
Min: 3.04   Max: 14.95
Current: 5.62
3.04
14.95
Share Buyback Rate -0.5
HMN's Share Buyback Rate is ranked lower than
89% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: -0.40 vs. HMN: -0.5 )
HMN' s 10-Year Share Buyback Rate Range
Min: 4   Max: -3.8
Current: -0.5

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 0.8
HMN's Price/Tangible Book is ranked lower than
51% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.85 vs. HMN: 0.8 )
HMN' s 10-Year Price/Tangible Book Range
Min: 0.5   Max: 2
Current: 0.8
0.5
2
Price/DCF (Projected) 0.3
HMN's Price/DCF (Projected) is ranked higher than
76% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.30 vs. HMN: 0.3 )
HMN' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 0.6
Current: 0.3
0.2
0.6
Price/Median PS Value 1.1
HMN's Price/Median PS Value is ranked higher than
65% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.90 vs. HMN: 1.1 )
HMN' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.4
Current: 1.1
0.6
1.4
Price/Peter Lynch Fair Value 0.4
HMN's Price/Peter Lynch Fair Value is ranked lower than
100% of the Companies
in the Global Insurance - Diversified industry.

( Industry Median: vs. HMN: 0.4 )
HMN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.4   Max: 1.3
Current: 0.4
0.4
1.3
Price/Graham Number 0.5
HMN's Price/Graham Number is ranked lower than
51% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 0.55 vs. HMN: 0.5 )
HMN' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 2
Current: 0.5
0.4
2
Earnings Yield (Greenblatt) 13.00
HMN's Earnings Yield (Greenblatt) is ranked higher than
92% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 9.20 vs. HMN: 13.00 )
HMN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.8   Max: 98
Current: 13
2.8
98
Forward Rate of Return (Yacktman) 45.67
HMN's Forward Rate of Return (Yacktman) is ranked higher than
86% of the 37 Companies
in the Global Insurance - Diversified industry.

( Industry Median: 16.21 vs. HMN: 45.67 )
HMN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -11.1   Max: 252.8
Current: 45.67
-11.1
252.8

Business Description

Horace Mann Educators is an insurance holding company incorporated in Delaware. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty insurance, retirement annuities and life insurance in the United States of America. HMEC's principal insurance subsidiaries are Horace Mann Life Insurance Company, Horace Mann Insurance Company and Teachers Insurance Company, each of which is an Illinois corporation; Horace Mann Property & Casualty Insurance Company, a California corporation; and Horace Mann Lloyds, an insurance company domiciled in Texas. The Company markets its products mainly to K-12 teachers, administrators and other employees of public schools and their families. Horace Mann's nearly one million customers typically have moderate annual incomes, with many belonging to two-income households. The Company markets and services its products mainly through a dedicated sales force of full-time agents trained to sell the Company's multiline products. Horace Mann conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: property and casualty insurance, principally personal lines automobile and home owners products; annuity products, principally individual, tax-qualified fixed and variable deposits; and life insurance. The primary property and casualty product offered by the Company is private passenger automobile insurance, which in 2009 represented 37% of its total insurance premiums written and contract deposits and 51% of property and casualty net written premiums. As of December 31, 2011, the Company had approximately 486,000 voluntary automobile policies in force. Horace Mann entered the educators' retirement annuity market in 1961 and is one of the largest participants in the 403(b) tax-qualified annuity market, measured by 403(b) net written premium on a statutory accounting basis. The Company has approved 403(b) payroll reduction capabilities in approximately one-third of the 15,400 school districts in the U.S. Approximately 49% of its new annuity contract deposits in 2011 were for 403(b) tax-qualified annuities; approximately 69% of accumulated annuity value on deposit is 403(b) tax-qualified. In 2009, annuities represented 35% of Horace Mann's total insurance premiums written and contract deposits. The Company entered the individual life insurance business in 1949 with traditional term and whole life insurance products. In 2006, it introduced new Horace Mann manufactured and branded products to better address the financial planning needs of educators. Also in 2006, the Company introduced Life by Design, a new portfolio of life insurance products. The Life by Design portfolio features new individual and joint whole life, and individual and joint term products, including 10-, 20- and 30-year level term policies. The Life by Design policies has premiums that are guaranteed for the duration of the contract
Company Website
SEC Reports
Industry: Insurance - Diversified
Compare:BRK.B, ALIZF, AXAHY, ZFSVF, AIZ
ยป More Articles for HMN

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