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Horace Mann Educators Corp. (HMN)
NYSE:HMN
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.16Last Year’s EPS
1.07Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple material operational and financial achievements — record core earnings, strong top-line growth, meaningful improvements in P&C profitability, record supplemental and group sales, improved marketing and distribution metrics, and disciplined capital deployment. Management was transparent that 2025 results were aided by unusually low catastrophe losses and favorable prior-year reserve development and provided a normalized EPS baseline (~$3.95) and conservative 2026 guidance ($4.20–$4.50). Known headwinds include an underperforming commercial mortgage loan fund, normalization of catastrophe and utilization trends, and timing of expense-savings realization. Overall the positives (record earnings, diversified growth, distribution and marketing gains, expense initiatives, and solid balance-sheet/capital actions) materially outweigh the disclosed challenges, while management provided clear plans and targets to address risks.Company Guidance
Record Full-Year Results and Strong Profitability
Core earnings of $196 million, or $4.71 per share, a 39% increase versus prior year; trailing 12-month core return on equity rose to 12.4% — the highest in company history.
Top-Line Revenue and Premium Growth
Total revenues and total net premiums & contract deposits earned both increased 7% year-over-year, supporting top-line momentum across segments.
Property & Casualty Profitability and Premium Growth
Underlying P&C combined ratio improved to 84.3% (a ~5-point improvement year-over-year); reported combined ratio improved to 89.7% (more than 8 points better). Net written premiums for P&C grew 7% to $830 million; auto NWP increased to $502 million and property NWP rose 14% to $328 million.
Life & Retirement Momentum
Life & Retirement core earnings increased 13% to $61 million; net written premiums and contract deposits rose 7% to $612 million. Fourth-quarter life sales were up 21% year-over-year; retirement persistency improved to 92% and life persistency ~96%.
Record Supplemental and Group Benefits Sales
Individual supplemental sales increased ~39% to $24 million and Group Benefits sales rose ~33% to over $12 million, with the supplemental/Group segment supplying roughly 25% of core earnings and contributing to earnings diversification.
Improving Benefit Ratios and Persistency in Benefits
Individual supplemental benefit ratio was ~26.8% (favorable utilization) and blended benefit-ratio target is ~39%; persistency for supplemental remained steady above 89%.
Investment Income and Yields
Total net investment income guidance of $485–495 million; managed portfolio NII guidance $385–395 million. Full-year new-money yields on core fixed income were ~5.51%; commercial mortgage loan fund returns ~6.5% and limited partnership returns ~8% (LPs contributed meaningfully to performance).
Marketing, Brand and Distribution Progress
Unaided brand awareness rose to 35% from under 10% a year ago; website traffic and online originated quotes more than doubled during the year; new business customer interactions up 37% in Q4; points of distribution increased ~15%.
Expense Optimization and Capital Management
More than $10 million of annualized expense savings achieved through pension termination, automation and other initiatives; company targeting a 100–150 basis point reduction in the expense ratio over three years (approx. 25 bps in 2026). Tangible book value per share increased more than 9% year-over-year. Share repurchases of $21 million in 2025 (nearly 0.5M shares) and an additional $50 million authorization in May.
Community and Brand-Building Investments
Donated $5 million to the Horace Mann Educators Foundation; launched the Horace Mann Club to provide financial wellness tools and educator resources; formed partnerships (e.g., Crayola, Get Your Teach On) to reach educators (~800,000) and accelerate market engagement.
HMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $44.92 | $43.23 | -3.76% |
Nov 04, 2025 | $44.90 | $46.40 | +3.34% |
Aug 06, 2025 | $41.70 | $42.75 | +2.52% |
May 06, 2025 | $40.65 | $40.75 | +0.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Horace Mann Educators Corp. (HMN) report earnings?
Horace Mann Educators Corp. (HMN) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Horace Mann Educators Corp. (HMN) earnings time?
Horace Mann Educators Corp. (HMN) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HMN EPS forecast?
HMN EPS forecast for the fiscal quarter 2026 (Q1) is 1.16.