HORACE MANN EDUCATORS CORP /DE/ (HMN)

Horace Mann Educators Corp. is an insurance holding company, which engages in the provision of insurance and retirement solutions to educators and school employees. It operates through the following business segments: Property and Casualty, Supplemental, Retirement, Life, and Corporate and Other. The Property and Casualty segment focuses on personal lines of automobile and property insurance products. The Supplemental segment focuses on heart, cancer, accident, and limited short-term supplemental disability coverage. The Retirement segment consists of tax-qualified fixed and variable annuities. The Life segment offers life insurance. The Corporate and Other segment includes interest expense on debt, the impact of realized investment gains and losses and certain public company expenses. The company was founded by Carrol Hall and Leslie Nimmo in 1945 and is headquartered in Springfield, IL.

Address

1 HORACE MANN PLZ
SPRINGFIELD, IL 62715-0001

Founded

1945

Number of Employees

1,700

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$5,406 $15,766 $21,499 $1,660 $85 - - - $10,007 $6,469 $4,728 $8,203
Average Price $28.32 $33.09 $30.65 $34.26 $39.54 - - - $33.87 $32.85 $33.58 $31.97
# Shares Purchased 190,876 476,498 701,410 48,440 2,161 - - - 295,445 196,934 140,782 256,568
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 16.5% -0.3% 7.7% -3.7% -16.5% - - - -2.6% 0.5% -1.7% 3.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% - - - 37.3% 31.3% 7.4% 104.3%
Excess Total Return -165.3% -173.2% -160.9% -133.4% -121.4% - - - -39.8% -30.9% -9.1% -101.0%
Quartile Rank
Percentile Rank 36% 33% 34% 36% 28% - - - 43% 37% 37% 44%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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