📊 HMN Key Takeaways
Is HMN a Good Investment? Thesis Analysis
HMN demonstrates solid operational execution with 6.7% revenue growth and exceptional 57.3% EPS growth, driven by strong 32.5% free cash flow generation and 9.5% net margins. Manageable leverage (0.40x Debt/Equity) and robust operating cash flow of $553.2M support fundamental quality, though modest absolute returns (10.9% ROE) and tight cash position require monitoring.
Why Buy HMN? Key Strengths
- Exceptional free cash flow generation at 32.5% FCF margin with $553.2M annual operating cash flow
- Strong EPS growth of 57.3% YoY demonstrating operational leverage and earnings power
- Solid 6.7% revenue growth in mature insurance sector with conservative leverage at 0.40x Debt/Equity
HMN Investment Risks to Consider
- Tight liquidity position with only $27.5M cash against $1.5B equity base
- Modest absolute profitability metrics with 9.5% net margin and 10.9% ROE limiting shareholder returns
- Insurance sector cyclicality exposure with potential for catastrophic loss years impacting underwriting margins
Key Metrics to Watch
- Loss ratio trends and underwriting profitability - critical metric for insurance companies
- Operating margin sustainability - currently 11.8%, need to confirm if durable
- Cash deployment strategy and dividend/buyback activity relative to strong free cash flow generation
HMN Financial Metrics
💡 AI Analyst Insight
The 32.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
HMN Profitability Ratios
HMN vs Finance Sector
How HORACE MANN EDUCATORS CORP /DE/ compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is HMN Overvalued or Undervalued?
Based on fundamental analysis, HORACE MANN EDUCATORS CORP /DE/ has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
HMN Balance Sheet & Liquidity
HMN 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: HORACE MANN EDUCATORS CORP /DE/'s revenue has grown significantly by 19% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.09 reflects profitable operations.
HMN Growth Metrics (YoY)
HMN Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $412.1M | $34.3M | $0.83 |
| Q2 2025 | $388.1M | $3.8M | $0.09 |
| Q1 2025 | $386.0M | $26.5M | $0.64 |
| Q3 2024 | $378.7M | $5.5M | $0.13 |
| Q2 2024 | $356.4M | $3.8M | $0.09 |
| Q1 2024 | $353.9M | $6.6M | $0.16 |
| Q3 2023 | $342.6M | $5.5M | $0.13 |
| Q2 2023 | $345.9M | -$4.2M | $-0.10 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
HMN Capital Allocation
HMN SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for HORACE MANN EDUCATORS CORP /DE/ (CIK: 0000850141)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HMN
What is the AI rating for HMN?
HORACE MANN EDUCATORS CORP /DE/ (HMN) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are HMN's key strengths?
Claude: Exceptional free cash flow generation at 32.5% FCF margin with $553.2M annual operating cash flow. Strong EPS growth of 57.3% YoY demonstrating operational leverage and earnings power.
What are the risks of investing in HMN?
Claude: Tight liquidity position with only $27.5M cash against $1.5B equity base. Modest absolute profitability metrics with 9.5% net margin and 10.9% ROE limiting shareholder returns.
What is HMN's revenue and growth?
HORACE MANN EDUCATORS CORP /DE/ reported revenue of $1.7B.
Does HMN pay dividends?
HORACE MANN EDUCATORS CORP /DE/ pays dividends, with $57.1M distributed to shareholders in the trailing twelve months.
Where can I find HMN SEC filings?
Official SEC filings for HORACE MANN EDUCATORS CORP /DE/ (CIK: 0000850141) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HMN's EPS?
HORACE MANN EDUCATORS CORP /DE/ has a diluted EPS of $3.90.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HMN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, HORACE MANN EDUCATORS CORP /DE/ has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is HMN stock overvalued or undervalued?
Valuation metrics for HMN: ROE of 10.9% (sector avg: 12%), net margin of 9.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy HMN stock in 2026?
Our dual AI analysis gives HORACE MANN EDUCATORS CORP /DE/ a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is HMN's free cash flow?
HORACE MANN EDUCATORS CORP /DE/'s operating cash flow is $553.2M, with capital expenditures of N/A. FCF margin is 32.5%.
How does HMN compare to other Finance stocks?
Vs Finance sector averages: Net margin 9.5% (avg: 25%), ROE 10.9% (avg: 12%), current ratio N/A (avg: 1.2).