HMN Stock Fair Value Calculator – Horace Mann Educators Reports Impressive Earnings Despite Revenue Miss
May 3, 2023
Trending News ☀️
Horace Mann Educators ($NYSE:HMN) Corporation, a leading provider of insurance products and services to educators, recently announced their earnings report. The company reported non-GAAP earnings per share of $0.30, exceeding expectations by $0.09.
However, the company’s revenue of $353.9M fell short of projections by $13.5M. Despite this miss in revenue, the company still managed to impressively beat earnings expectations. With over 4 million customers, the company is one of the largest providers of car insurance for education professionals. Overall, despite the miss in revenue, Horace Mann Educators reported a successful quarter. This report could be a sign of positive things to come for the company going forward.
Stock Price
Despite this miss, the company still reported impressive earnings of 31 cents per share among other positive indicators that caught the attention of investors. This was reflected in the stock which opened Tuesday at $31.5 and closed at $30.9, down by 2.1% from last closing price of 31.6. The stock still remains higher than its price from a year ago, a sign that the company is continuing to perform well despite the revenue miss. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HMN. More…
| Total Revenues | Net Income | Net Margin |
| 1.34k | -2.6 | 0.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HMN. More…
| Operations | Investing | Financing |
| 171.5 | -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 |
| 13.45k | 12.36k | 26.6 |
Key Ratios Snapshot
Some of the financial key ratios for HMN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.1% | – | 0.6% |
| FCF Margin | ROE | ROA |
| 12.8% | 0.4% | 0.0% |
Analysis – HMN Stock Fair Value Calculator
At GoodWhale, we recently conducted an analysis of HORACE MANN EDUCATORS’s wellbeing. After evaluating the company’s financials, we have determined that the intrinsic value of HORACE MANN EDUCATORS share is around $39.7. This value was calculated by our proprietary Valuation Line. Currently, HORACE MANN EDUCATORS stock is being traded at $30.9, which represents an undervaluation of 22.2%. We believe this presents investors with an attractive opportunity to buy in and potentially earn a great return on their investment. More…
Peers
The Company’s competitors in the property and casualty insurance industry are Kemper Corporation, Safety Insurance Group, Inc. and Definity Financial Corporation.
– Kemper Corp ($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
The stock has remained strong despite the earnings miss, as investors have been encouraged by the positive EPS result. As the company continues to focus on expanding its product offerings and customer base, investors will be watching to see if the company can continue to deliver positive results.
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