The raised guidance to $5.75-$5.95 core EPS implies strong H2 momentum. Watch the Q4 earnings call for commentary on premium growth sustainability and whether the Property Casualty combined ratio can hold below 85%.
How the stock moved after the report
⚠ Clustered BULLISH VIEWSTOCK ABOVE ENTRY AT T+1- T+0 · Nov 4 $50.20entry
- T+1 · 5d ago +5.92%α +10.33% · $53.17
- T+4 · todayOpen
- T+5 · in 12h Pending
- T+20 · in 23d Pending
- T+60 · in 3mo Pending
Price Chart
How similar events traded
Executive Summary
Horace Mann reported Q3 2026 core EPS of $2.06, well above the $1.11 consensus, and raised full-year 2026 core EPS guidance to $5.75-$5.95. The Property Casualty combined ratio improved nearly 4 points to 83.6%, and net investment income rose 17% YoY. Total revenue of $439.2M was slightly below the $444.2M consensus.
Key Financial Metrics
Key Facts
- Q3 2026 core EPS of $2.06 vs consensus $1.11 (beat by 85.6%)
- Full-year 2026 core EPS guidance raised to $5.75-$5.95 from $4.20-$4.50
- Property Casualty combined ratio improved to 83.6% from 87.5% a year ago
- Net investment income increased 17% over prior year
- Total revenue $439.2M vs consensus $444.2M (miss by 1.1%)
- Record quarterly core earnings of $85.1M, up 50.4% YoY
Financial Impact
Core EPS beat consensus by $0.95 (85.6%); guidance midpoint raised by $1.50 to $5.85
Risk Factors
- Revenue slightly missed consensus despite strong earnings beat
- Net investment gains were a loss of $20.6M after tax, creating GAAP-to-core divergence
- Book value per share declined 0.6% YoY to $35.11
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000850141-26-000038 |
| Document: q32026ex991-glossaryofterms.htm | 0000850141-26-000038 |
| Document: hmn-20261103.htm | 0000850141-26-000038 |
| Document: 0000850141-26-000038-index-headers.html | 0000850141-26-000038 |
| Document: 0000850141-26-000038-index.html | 0000850141-26-000038 |
| Document: 0000850141-26-000038.txt | 0000850141-26-000038 |
| 8-K Data (Synthetic) | 0000850141-26-000038 |
Track record
11 reports on HMN
The track record builds as more bullish or bearish reports settle.
Filters
- Nov 10, 2026today Insider Cluster Neutral 3/10 Entry $53.52 Now $53.69 +0.32% settles Nov 12
- Nov 10, 2026today SC 13G Neutral 3/10 Entry $53.80 Now $53.69 −0.20% settles Nov 11
- Nov 6, 20264d ago 144 Neutral 2/10 Entry $53.25 to $53.06 Now $53.69 +0.83% ▼ −0.36% −2.72% vs SPY
- Nov 3, 20267d ago 8-K Bullish 6/10 Viewing Entry $50.20 to $53.17 Now $53.69 +6.95% ▲ +5.92% +10.33% vs SPY
- Nov 2, 20268d ago 144 Neutral 2/10 Entry $47.47 to $50.20 Now $53.69 +13.10% ▲ +5.75% +4.10% vs SPY
- Oct 8, 20264w ago 144 Neutral 2/10 Entry $45.56 to $45.61 Now $53.69 +17.84% ▲ +0.11% +0.17% vs SPY
- Oct 6, 20265w ago 144 Neutral 2/10 Entry $45.51 to $45.08 Now $53.69 +17.97% ▼ −0.94% −0.70% vs SPY
- Sep 8, 20269w ago Insider Cluster Bearish 4/10 Entry $50.03 to $49.08 Now $53.69 −7.31% ▲ +1.90% +1.44% vs SPY
- Aug 14, 202612w ago Insider Cluster Neutral 2/10 Entry $52.47 to $51.30 Now $53.69 +2.33% ▼ −2.23% −1.76% vs SPY
- May 6, 202626w ago 8-K Bullish 6/10 Entry $45.15 to $44.51 Now $53.69 +18.91% ▼ −1.42% −2.25% vs SPY
US Market Status
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