HMN Stock Fair Value Calculation – Texas Permanent School Fund Corp Increases Stake in Horace Mann Educators Co. by 33.4%
August 8, 2023
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Horace Mann Educators ($NYSE:HMN) Co. is a publicly traded company that provides insurance, retirement, and financial services to educators and their families. The company offers a variety of products including auto insurance, homeowners insurance, life insurance, annuities, mutual funds, retirement planning, and more. Horace Mann also provides a variety of educational resources, such as webinars, articles, and calculators to help customers learn more about their finances and make informed decisions.
By increasing their stake by 33.4%, the fund is able to diversify its portfolio into a dependable company with a long-standing commitment to serving the educational community. The increase in the fund’s stake could also be beneficial for Horace Mann Educators Co., as it could potentially lead to increased capital and market visibility for the company.
Analysis – HMN Stock Fair Value Calculation
At GoodWhale, we have conducted an in-depth analysis of the wellbeing of HORACE MANN EDUCATORS. Through our proprietary Valuation Line, we have determined the fair value of HORACE MANN EDUCATORS’ shares to be around $39.0. However, the current market price for HORACE MANN EDUCATORS’ stock is $28.7, which means that the stock is undervalued by 26.4%. This discrepancy presents an opportunity for investors looking to invest in a company with strong fundamentals and potential for future growth. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HMN. More…
| Total Revenues | Net Income | Net Margin |
| 1.36k | -10.8 | -0.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HMN. More…
| Operations | Investing | Financing |
| 162.2 | -214.6 | -47.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HMN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.65k | 12.51k | 27.88 |
Key Ratios Snapshot
Some of the financial key ratios for HMN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | – | 0.3% |
| FCF Margin | ROE | ROA |
| 11.9% | 0.2% | 0.0% |
Peers
The Company’s competitors in the property and casualty insurance industry are Kemper Corporation, Safety Insurance Group, Inc. and Definity Financial Corporation.
– Kemper Corp ($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 Co. recently experienced an increase in investment from Texas Permanent School Fund Corp, which boosted its stake in shares by 33.4% during the 1st quarter. Despite this, the stock price for the company moved down the same day. Analysts have speculated that the increased investment may indicate a positive outlook on the company’s future, but the overall trend is uncertain at this time. Investors are advised to monitor the market and look for further developments in Horace Mann Educators Co. before making any decisions.
