Horace Mann Net Worth
Horace Mann Net Worth Breakdown | HMN |
Horace Mann Net Worth Analysis
Horace Mann's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Horace Mann's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Horace Mann's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Horace Mann's net worth analysis. One common approach is to calculate Horace Mann's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Horace Mann's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Horace Mann's net worth. This approach calculates the present value of Horace Mann's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Horace Mann's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Horace Mann's net worth. This involves comparing Horace Mann's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Horace Mann's net worth relative to its peers.
Enterprise Value |
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To determine if Horace Mann is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Horace Mann's net worth research are outlined below:
Over 98.0% of the company shares are owned by institutional investors | |
On 31st of December 2024 Horace Mann paid $ 0.34 per share dividend to its current shareholders | |
Latest headline from news.google.com: Horace Mann Unveils Catalyst to Enhance Agent Interaction With Educators -January 29, 2025 at 0910 am EST - Marketscreener.com |
Horace Mann Quarterly Good Will |
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Horace Mann uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Horace Mann Educators. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Horace Mann's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of February 2024 Upcoming Quarterly Report | View | |
7th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
7th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Horace Mann Target Price Consensus
Horace target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Horace Mann's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
4 | Buy |
Most Horace analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Horace stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Horace Mann Educators, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHorace Mann Target Price Projection
Horace Mann's current and average target prices are 38.95 and 44.00, respectively. The current price of Horace Mann is the price at which Horace Mann Educators is currently trading. On the other hand, Horace Mann's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Horace Mann Market Quote on 31st of January 2025
Target Price
Analyst Consensus On Horace Mann Target Price
Know Horace Mann's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Horace Mann is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Horace Mann Educators backward and forwards among themselves. Horace Mann's institutional investor refers to the entity that pools money to purchase Horace Mann's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Gw&k Investment Management, Llc | 2024-09-30 | 905.7 K | Bank Of America Corp | 2024-09-30 | 776.1 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 762.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 740 K | Cramer Rosenthal Mcglynn Llc | 2024-09-30 | 734.2 K | Amvescap Plc. | 2024-09-30 | 649.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 558.3 K | Ameriprise Financial Inc | 2024-09-30 | 519.5 K | Northern Trust Corp | 2024-09-30 | 436.4 K | Blackrock Inc | 2024-09-30 | 5.9 M | Vanguard Group Inc | 2024-09-30 | 5 M |
Follow Horace Mann's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.59 B.Market Cap |
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Project Horace Mann's profitablity
Last Reported | Projected for Next Year | ||
Return On Equity | 0.04 | 0.04 |
When accessing Horace Mann's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Horace Mann's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Horace Mann's profitability and make more informed investment decisions.
Evaluate Horace Mann's management efficiency
As of the 31st of January 2025, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, Horace Mann's Intangibles To Total Assets are very stable compared to the past year. As of the 31st of January 2025, Fixed Asset Turnover is likely to grow to 30.55, while Intangible Assets are likely to drop about 134.9 M. Horace Mann's management efficiency ratios could be used to measure how well Horace Mann manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 25.61 | 15.71 | |
Tangible Book Value Per Share | 21.01 | 13.54 | |
Enterprise Value Over EBITDA | 19.67 | 17.19 | |
Price Book Value Ratio | 1.32 | 1.58 | |
Enterprise Value Multiple | 19.67 | 17.19 | |
Price Fair Value | 1.32 | 1.58 | |
Enterprise Value | 1.8 B | 1.1 B |
Horace Mann Educators has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 1.3514 | Revenue | Quarterly Revenue Growth 0.088 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Horace Mann insiders, such as employees or executives, is commonly permitted as long as it does not rely on Horace Mann's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Horace Mann insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Horace Mann Corporate Filings
27th of January 2025 Other Reports | ViewVerify | |
F4 | 8th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 9th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Horace Mann Earnings Estimation Breakdown
The calculation of Horace Mann's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Horace Mann is estimated to be 0.64625 with the future projection ranging from a low of 0.6225 to a high of 0.6625. Please be aware that this consensus of annual earnings estimates for Horace Mann Educators is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.62 Lowest | Expected EPS | 0.66 Highest |
Horace Mann Earnings Projection Consensus
Suppose the current estimates of Horace Mann's value are higher than the current market price of the Horace Mann stock. In this case, investors may conclude that Horace Mann is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Horace Mann's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
4 | 81.48% | 0.8285 | 0.64625 | 2.52 |
Horace Mann Earnings History
Earnings estimate consensus by Horace Mann Educators analysts from Wall Street is used by the market to judge Horace Mann's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Horace Mann's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Horace Mann Quarterly Gross Profit |
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Horace Mann Earnings per Share Projection vs Actual
Actual Earning per Share of Horace Mann refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Horace Mann Educators predict the company's earnings will be in the future. The higher the earnings per share of Horace Mann, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Horace Mann Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Horace Mann, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Horace Mann should always be considered in relation to other companies to make a more educated investment decision.Horace Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Horace Mann's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-11-04 | 2024-09-30 | 0.72 | 0.8285 | 0.1085 | 15 | ||
2024-08-07 | 2024-06-30 | 0.19 | 0.2 | 0.01 | 5 | ||
2024-05-08 | 2024-03-31 | 0.78 | 0.6 | -0.18 | 23 | ||
2024-02-07 | 2023-12-31 | 0.66 | 0.84 | 0.18 | 27 | ||
2023-11-02 | 2023-09-30 | 0.43 | 0.44 | 0.01 | 2 | ||
2023-08-01 | 2023-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2023-05-02 | 2023-03-31 | 0.21 | 0.23 | 0.02 | 9 | ||
2023-02-07 | 2022-12-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2022-11-03 | 2022-09-30 | 0.64 | 0.57 | -0.07 | 10 | ||
2022-08-04 | 2022-06-30 | -0.16 | -0.01 | 0.15 | 93 | ||
2022-05-05 | 2022-03-31 | 0.96 | 0.64 | -0.32 | 33 | ||
2022-02-01 | 2021-12-31 | 0.75 | 0.97 | 0.22 | 29 | ||
2021-11-03 | 2021-09-30 | 0.38 | 0.5 | 0.12 | 31 | ||
2021-08-02 | 2021-06-30 | 1.01 | 1.02 | 0.01 | 0 | ||
2021-05-04 | 2021-03-31 | 0.8 | 1.1 | 0.3 | 37 | ||
2021-02-02 | 2020-12-31 | 0.91 | 1.13 | 0.22 | 24 | ||
2020-11-02 | 2020-09-30 | 0.68 | 0.82 | 0.14 | 20 | ||
2020-08-06 | 2020-06-30 | 0.39 | 0.67 | 0.28 | 71 | ||
2020-05-07 | 2020-03-31 | 0.69 | 0.78 | 0.09 | 13 | ||
2020-02-05 | 2019-12-31 | 0.72 | 0.75 | 0.03 | 4 | ||
2019-11-06 | 2019-09-30 | 0.64 | 0.64 | 0.0 | 0 | ||
2019-08-05 | 2019-06-30 | 0.14 | 0.17 | 0.03 | 21 | ||
2019-04-30 | 2019-03-31 | 0.53 | 0.63 | 0.1 | 18 | ||
2019-02-05 | 2018-12-31 | -0.09 | -0.21 | -0.12 | 133 | ||
2018-10-30 | 2018-09-30 | 0.18 | 0.25 | 0.07 | 38 | ||
2018-08-02 | 2018-06-30 | 0.21 | 0.13 | -0.08 | 38 | ||
2018-05-02 | 2018-03-31 | 0.63 | 0.51 | -0.12 | 19 | ||
2018-02-06 | 2017-12-31 | 0.48 | 0.65 | 0.17 | 35 | ||
2017-10-24 | 2017-09-30 | 0.38 | 0.69 | 0.31 | 81 | ||
2017-07-24 | 2017-06-30 | 0.11 | 0.02 | -0.09 | 81 | ||
2017-04-24 | 2017-03-31 | 0.54 | 0.37 | -0.17 | 31 | ||
2017-02-06 | 2016-12-31 | 0.4 | 0.52 | 0.12 | 30 | ||
2016-10-31 | 2016-09-30 | 0.51 | 0.58 | 0.07 | 13 | ||
2016-07-27 | 2016-06-30 | 0.17 | 0.25 | 0.08 | 47 | ||
2016-05-02 | 2016-03-31 | 0.57 | 0.62 | 0.05 | 8 | ||
2016-02-09 | 2015-12-31 | 0.52 | 0.43 | -0.09 | 17 | ||
2015-10-28 | 2015-09-30 | 0.56 | 0.5 | -0.06 | 10 | ||
2015-07-28 | 2015-06-30 | 0.54 | 0.36 | -0.18 | 33 | ||
2015-04-22 | 2015-03-31 | 0.59 | 0.72 | 0.13 | 22 | ||
2015-02-09 | 2014-12-31 | 0.68 | 0.68 | 0.0 | 0 | ||
2014-10-22 | 2014-09-30 | 0.58 | 0.55 | -0.03 | 5 | ||
2014-07-23 | 2014-06-30 | 0.5 | 0.43 | -0.07 | 14 | ||
2014-04-24 | 2014-03-31 | 0.48 | 0.65 | 0.17 | 35 | ||
2014-02-04 | 2013-12-31 | 0.55 | 0.79 | 0.24 | 43 | ||
2013-10-22 | 2013-09-30 | 0.59 | 0.59 | 0.0 | 0 | ||
2013-07-24 | 2013-06-30 | 0.32 | 0.39 | 0.07 | 21 | ||
2013-04-24 | 2013-03-31 | 0.51 | 0.55 | 0.04 | 7 | ||
2013-02-05 | 2012-12-31 | 0.35 | 0.67 | 0.32 | 91 | ||
2012-10-24 | 2012-09-30 | 0.4 | 0.62 | 0.22 | 55 | ||
2012-07-25 | 2012-06-30 | 0.13 | 0.16 | 0.03 | 23 | ||
2012-04-25 | 2012-03-31 | 0.5 | 0.64 | 0.14 | 28 | ||
2012-02-07 | 2011-12-31 | 0.53 | 0.72 | 0.19 | 35 | ||
2011-10-26 | 2011-09-30 | 0.31 | 0.23 | -0.08 | 25 | ||
2011-07-27 | 2011-06-30 | -0.21 | -0.39 | -0.18 | 85 | ||
2011-04-26 | 2011-03-31 | 0.43 | 0.53 | 0.1 | 23 | ||
2011-02-07 | 2010-12-31 | 0.36 | 0.39 | 0.03 | 8 | ||
2010-10-28 | 2010-09-30 | 0.38 | 0.3 | -0.08 | 21 | ||
2010-07-28 | 2010-06-30 | 0.42 | 0.43 | 0.01 | 2 | ||
2010-04-28 | 2010-03-31 | 0.42 | 0.48 | 0.06 | 14 | ||
2010-02-08 | 2009-12-31 | 0.43 | 0.47 | 0.04 | 9 | ||
2009-10-28 | 2009-09-30 | 0.37 | 0.29 | -0.08 | 21 | ||
2009-07-30 | 2009-06-30 | 0.41 | 0.28 | -0.13 | 31 | ||
2009-04-29 | 2009-03-31 | 0.35 | 0.35 | 0.0 | 0 | ||
2009-02-04 | 2008-12-31 | 0.44 | 0.51 | 0.07 | 15 | ||
2008-10-29 | 2008-09-30 | -0.02 | 0.17 | 0.19 | 950 | ||
2008-07-30 | 2008-06-30 | 0.14 | 0.23 | 0.09 | 64 | ||
2008-04-30 | 2008-03-31 | 0.43 | 0.38 | -0.05 | 11 | ||
2008-02-06 | 2007-12-31 | 0.42 | 0.49 | 0.07 | 16 | ||
2007-10-31 | 2007-09-30 | 0.46 | 0.42 | -0.04 | 8 | ||
2007-08-01 | 2007-06-30 | 0.48 | 0.51 | 0.03 | 6 | ||
2007-05-02 | 2007-03-31 | 0.45 | 0.47 | 0.02 | 4 | ||
2007-02-06 | 2006-12-31 | 0.51 | 0.56 | 0.05 | 9 | ||
2006-11-01 | 2006-09-30 | 0.51 | 0.42 | -0.09 | 17 | ||
2006-08-02 | 2006-06-30 | 0.45 | 0.59 | 0.14 | 31 | ||
2006-05-03 | 2006-03-31 | 0.46 | 0.46 | 0.0 | 0 | ||
2006-02-08 | 2005-12-31 | 0.38 | 0.34 | -0.04 | 10 | ||
2005-11-02 | 2005-09-30 | 0.21 | 0.02 | -0.19 | 90 | ||
2005-08-03 | 2005-06-30 | 0.44 | 0.65 | 0.21 | 47 | ||
2005-05-04 | 2005-03-31 | 0.41 | 0.51 | 0.1 | 24 | ||
2005-02-09 | 2004-12-31 | 0.42 | 0.54 | 0.12 | 28 | ||
2004-11-03 | 2004-09-30 | -0.39 | -0.37 | 0.02 | 5 | ||
2004-08-04 | 2004-06-30 | 0.33 | 0.45 | 0.12 | 36 | ||
2004-05-05 | 2004-03-31 | 0.33 | 0.43 | 0.1 | 30 | ||
2004-02-17 | 2003-12-31 | 0.32 | 0.22 | -0.1 | 31 | ||
2003-10-30 | 2003-09-30 | -0.11 | -0.44 | -0.33 | 300 | ||
2003-08-04 | 2003-06-30 | 0.11 | 0.02 | -0.09 | 81 | ||
2003-05-01 | 2003-03-31 | 0.34 | 0.26 | -0.08 | 23 | ||
2003-02-06 | 2002-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2002-11-04 | 2002-09-30 | 0.24 | 0.28 | 0.04 | 16 | ||
2002-08-05 | 2002-06-30 | 0.26 | 0.24 | -0.02 | 7 | ||
2002-05-02 | 2002-03-31 | 0.32 | 0.34 | 0.02 | 6 | ||
2002-02-07 | 2001-12-31 | 0.34 | 0.35 | 0.01 | 2 | ||
2001-11-06 | 2001-09-30 | 0.26 | 0.22 | -0.04 | 15 | ||
2001-08-06 | 2001-06-30 | 0.24 | -0.04 | -0.28 | 116 | ||
2001-04-26 | 2001-03-31 | 0.24 | 0.34 | 0.1 | 41 | ||
2001-02-08 | 2000-12-31 | -0.21 | -0.22 | -0.01 | 4 | ||
2000-10-31 | 2000-09-30 | 0.26 | 0.28 | 0.02 | 7 | ||
2000-08-01 | 2000-06-30 | 0.24 | 0.23 | -0.01 | 4 | ||
2000-05-04 | 2000-03-31 | 0.34 | 0.35 | 0.01 | 2 | ||
2000-02-01 | 1999-12-31 | 0.53 | 0.53 | 0.0 | 0 | ||
1999-11-04 | 1999-09-30 | 0.39 | 0.38 | -0.01 | 2 | ||
1999-08-05 | 1999-06-30 | 0.34 | 0.36 | 0.02 | 5 | ||
1999-05-03 | 1999-03-31 | 0.46 | 0.46 | 0.0 | 0 | ||
1999-02-02 | 1998-12-31 | 0.58 | 0.57 | -0.01 | 1 | ||
1998-11-03 | 1998-09-30 | 0.53 | 0.51 | -0.02 | 3 | ||
1998-07-28 | 1998-06-30 | 0.3 | 0.31 | 0.01 | 3 | ||
1998-04-28 | 1998-03-31 | 0.44 | 0.41 | -0.03 | 6 | ||
1998-02-03 | 1997-12-31 | 0.51 | 0.53 | 0.02 | 3 | ||
1997-10-27 | 1997-09-30 | 0.45 | 0.45 | 0.0 | 0 | ||
1997-07-24 | 1997-06-30 | 0.43 | 0.45 | 0.02 | 4 | ||
1997-04-28 | 1997-03-31 | 0.39 | 0.43 | 0.04 | 10 | ||
1997-01-27 | 1996-12-31 | 0.38 | 0.49 | 0.11 | 28 | ||
1996-10-21 | 1996-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
1996-07-22 | 1996-06-30 | 0.37 | 0.37 | 0.0 | 0 | ||
1996-04-22 | 1996-03-31 | 0.3 | 0.33 | 0.03 | 10 |
Horace Mann Corporate Directors
Stephen Hasenmiller | Independent Director | Profile | |
Daniel Domenech | Independent Director | Profile | |
Steven Swyers | Independent Director | Profile | |
Beverley McClure | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.964 | Dividend Share 1.35 | Earnings Share 2.52 | Revenue Per Share | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.