Horace Mann Educators Corp. (HMN)
NYSE:HMN
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
1.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive tone driven by record quarterly core EPS (+20% YoY), strong multiline sales growth (life +17%, individual supplemental +11%), marked improvement in P&C profitability (combined ratio improvement of ~5 points and P&C earnings +46% YoY), meaningful capital returns, and progress on distribution and brand awareness. Notable challenges include a lagging California auto result, a higher auto combined ratio vs. property, some investment portfolio variability (LP returns and commercial mortgage loan runoff) that compressed the fixed annuity spread this quarter, and the inherently variable size of the Group Benefits business. Overall, the positive operational momentum and strong capital management outweigh the contained headwinds, with management maintaining guidance and multi-year targets.Company Guidance
Record Core EPS and Earnings Growth
Record first quarter core earnings per share of $1.28, up 20% year over year; core earnings of $53 million for the quarter.
Strong Multiline Revenue Growth
Insurance and fee-based revenue increased 6% year over year, with life sales up 17% and individual supplemental sales up 11%.
Material Growth in Group Benefits
Group Benefits sales more than tripled year over year to $11 million (Q1 sales nearly matched total Group Benefits sales for all of 2025); group contributed $12.6 million of core earnings and premiums increased 4% to $38 million.
Improved Property & Casualty Profitability
P&C combined ratio improved to 83.3 (a ~5 point improvement YoY); P&C core earnings rose 46% year over year to $39 million; net written premiums increased 5% to $194 million; property premiums up 14%.
Life & Retirement Stability and Persistency
Life and Retirement core earnings increased 16% to $9 million, life persistency near 96%; life sales up 17%; retirement sales (isolated) were up 7% in the quarter.
Capital Returns and Strong Capital Generation
Returned $33 million of capital to shareholders in the quarter, including $18 million of share repurchases (≈420k shares) and $15 million of dividends; Board approved a 3% increase to the quarterly dividend (18th consecutive year of dividend growth).
Balance Sheet & Book Value Improvements
Tangible book value per share increased 9% year over year; core shareholder return on equity (TTM) was 12.7%, aligned with the company’s target range.
Investment and Distribution Progress
Core fixed income portfolio yield up 23 basis points YoY with new money yields of 5.38%; unaided brand awareness among educators increased to 35%; points of distribution grew by eight and thousands have enrolled in the Horace Mann Educators Club.
Expense Management and Strategic Targets
Corporate expense ratio down sequentially (slightly up YoY) with management expecting ~25 basis points of improvement over 2026; company maintaining 2026 core EPS guidance of $4.20–$4.50 and three-year targets (10% CAGR in core EPS, 12–13% ROE).
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 |
|---|---|---|---|
May 06, 2026 | $45.65 | $45.15 | -1.10% |
Feb 03, 2026 | $44.54 | $42.86 | -3.76% |
Nov 04, 2025 | $44.52 | $46.00 | +3.34% |
Aug 06, 2025 | $41.35 | $42.39 | +2.50% |
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 Aug 05, 2026, After Close (Confirmed).
What is Horace Mann Educators Corp. (HMN) earnings time?
Horace Mann Educators Corp. (HMN) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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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 (Q2) is 0.69.