HMN Intrinsic Value Calculation – Alaska Department of Revenue Invests in Horace Mann Educators Co. with 1143 Shares

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The Alaska Department of Revenue recently announced that it has disposed of 1143 shares of Horace Mann Educators ($NYSE:HMN) Co. This investment provides a great opportunity for the Department to increase its portfolio diversity and capitalize on the potential of the stock. The company also operates within the annuities market. The company also boasts several awards for their financial stability and A+ rating with the Better Business Bureau. As Horace Mann Educators Co. continues to grow, the Department of Revenue will be able to realize the return on investment they have made in the company.

Earnings

According to their latest earnings report for FY2023 Q2, which ended on June 30th 2021, HORACE MANN EDUCATORS earned a total revenue of 347.1M USD and net income of 46.7M USD. Compared to the previous year, there was a 0.2% increase in total revenue, and a 473.6% decrease in net income. Over the last three years, the company’s total revenue has increased from 347.1M USD to 356.4M USD.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for HMN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for HMN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for HMN. More…

Key Ratios Snapshot

Some of the financial key ratios for HMN are shown below. More…

Price History

The stock opened at $32.0, but closed at $31.6, representing a decrease of 1.7% from the prior closing price of 32.1. Live Quote…

Analysis – HMN Intrinsic Value Calculation

At GoodWhale, we have conducted a thorough analysis of HORACE MANN EDUCATORS’s financials and concluded that the fair value of their shares is around $39.4. This number is calculated based on our proprietary Valuation Line, which takes into account the company’s past performance, current financials, and future prospects. Currently, HORACE MANN EDUCATORS stock is trading at $31.6, a price which is undervalued by 19.8%. Therefore, we believe that this is an attractive opportunity for investors looking to capitalize on the mispricing of the stock. More…

Peers

The Company’s competitors in the property and casualty insurance industry are Kemper Corporation, Safety Insurance Group, Inc. and Definity Financial Corporation.

– Kemper Corp ($NYSE:KMPR)

Kemper Corporation (KMPR) is a diversified insurance holding company with subsidiaries that write and provide property and casualty, life and health, and specialty insurance products in the United States. The company was founded in 1926 and is headquartered in Chicago, Illinois.

As of 2022, Kemper Corporation had a market capitalization of $3.58 billion and a return on equity of -9.68%. The company’s property and casualty insurance subsidiaries wrote $4.4 billion in premiums in 2020, while its life and health insurance subsidiaries wrote $1.6 billion in premiums. Kemper’s specialty insurance subsidiaries wrote $2.2 billion in premiums in 2020.

– Safety Insurance Group Inc ($NASDAQ:SAFT)

Safe Auto Group is a leading provider of insurance products for both individuals and businesses in the United States. The company offers a wide range of products, including auto insurance, homeowners insurance, and business insurance. Safe Auto Group is a publicly traded company, and its shares are listed on the Nasdaq Stock Market.

– Definity Financial Corp ($TSX:DFY)

Definity Financial Corp is a financial services company that offers a range of products and services to its clients. The company has a market cap of 4.71B as of 2022 and a return on equity of 5.49%. Definity Financial Corp offers a variety of products and services including investment banking, asset management, and wealth management. The company has a strong focus on providing its clients with the best possible financial outcomes. Definity Financial Corp is a well-established financial services company with a long history of providing quality products and services to its clients.

Summary

Horace Mann Educators Corporation (NYSE:HMN) has been the subject of recent investing analysis. Recently, the State of Alaska Department of Revenue sold 1143 shares of HMN stock, however this may not be indicative of the company’s overall stock performance. investors may want to consider doing further research on potential investing opportunities in Horace Mann Educators before making any decisions.