HMN
Horace Mann Educators Corporation Financial Services - Insurance - Property & Casualty Investor Relations →
Horace Mann Educators Corporation (HMN) closed at $41.49 as of 2026-03-20, trading 18.8% above its 200-week moving average of $34.93. The stock is currently moving closer to the line, down from 20.5% last week. The 14-week RSI sits at 34, indicating neutral momentum.
Trading volume is running at 1.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.87 ratio) is neutral — neither side is clearly dominating.
Over the past 1744 weeks of data, HMN has crossed below its 200-week moving average 32 times. On average, these episodes lasted 17 weeks. Historically, investors who bought HMN at the start of these episodes saw an average one-year return of +0.1%.
With a market cap of $1688 million, HMN is a small-cap stock. The company generates a free cash flow yield of 11.7%, which is notably high. Return on equity stands at 11.7%. The stock trades at 1.1x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.2 years, a hypothetical investment of $100 in HMN would have grown to $695, compared to $2683 for the S&P 500. HMN has returned 6.0% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 47.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: HMN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HMN Crosses Below the Line?
Across 32 historical episodes, buying HMN when it crossed below its 200-week moving average produced an average return of -0.2% after 12 months (median -5.0%), compared to +6.8% for the S&P 500 over the same periods. 47% of those episodes were profitable after one year. After 24 months, the average return was +19.6% vs +26.1% for the index.
Each line shows $100 invested at the moment HMN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HMN has crossed below its 200-week MA 32 times with an average 1-year return of +0.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1993 | Dec 1993 | 5 | 8.1% | -11.0% | +687.5% |
| Jan 1994 | Feb 1994 | 7 | 4.8% | -6.3% | +697.9% |
| Mar 1994 | Apr 1994 | 1 | 0.4% | -6.6% | +683.2% |
| Sep 1994 | May 1995 | 35 | 17.9% | +14.5% | +667.0% |
| Jun 1995 | Jul 1995 | 1 | 3.2% | +39.9% | +703.6% |
| Apr 1999 | Apr 1999 | 2 | 6.8% | -17.0% | +322.0% |
| Nov 1999 | Feb 2002 | 116 | 48.5% | -26.3% | +290.3% |
| May 2002 | May 2002 | 1 | 0.1% | -27.5% | +302.8% |
| May 2002 | May 2004 | 102 | 28.3% | -23.6% | +307.2% |
| Jul 2004 | Jul 2004 | 1 | 1.3% | +26.6% | +386.7% |
| Oct 2007 | Nov 2007 | 1 | 8.2% | -50.1% | +343.6% |
| Dec 2007 | Jan 2008 | 4 | 6.8% | -44.4% | +302.6% |
| Feb 2008 | Mar 2010 | 109 | 66.8% | -51.0% | +303.2% |
| May 2010 | May 2010 | 1 | 0.8% | +15.9% | +367.3% |
| Aug 2011 | Oct 2011 | 11 | 16.7% | +41.5% | +408.8% |
| Nov 2011 | Dec 2011 | 5 | 12.2% | +48.1% | +422.7% |
| Mar 2019 | Apr 2019 | 3 | 5.0% | -2.1% | +51.6% |
| Mar 2020 | Aug 2020 | 21 | 19.1% | +16.9% | +32.8% |
| Aug 2020 | Nov 2020 | 12 | 14.6% | +12.0% | +34.0% |
| Feb 2021 | Mar 2021 | 2 | 0.1% | +9.4% | +29.7% |
| Jun 2021 | Jul 2021 | 5 | 3.6% | -2.8% | +28.7% |
| Nov 2021 | Dec 2021 | 5 | 2.3% | +0.7% | +27.4% |
| Jan 2022 | Jan 2022 | 2 | 3.0% | +3.2% | +30.7% |
| May 2022 | May 2022 | 2 | 1.2% | -8.3% | +28.1% |
| May 2022 | Jun 2022 | 3 | 6.4% | -14.3% | +27.2% |
| Jul 2022 | Aug 2022 | 4 | 10.2% | -11.2% | +41.4% |
| Aug 2022 | Oct 2022 | 7 | 4.9% | -18.6% | +29.3% |
| Dec 2022 | Dec 2022 | 1 | 4.1% | -5.3% | +32.0% |
| Jan 2023 | Jan 2024 | 53 | 19.9% | -3.9% | +26.7% |
| May 2024 | Jul 2024 | 8 | 5.1% | +31.9% | +31.6% |
| Jul 2024 | Aug 2024 | 2 | 1.6% | +27.9% | +31.6% |
| Sep 2024 | Sep 2024 | 1 | 0.3% | +45.0% | +29.5% |
| Average | 17 | — | +0.1% | — |
Frequently Asked Questions
Is HMN below its 200-week moving average?
No. Horace Mann Educators Corporation (HMN) is currently 18.8% above its 200-week moving average of $34.93. It would need to fall to $34.93 to cross below the line.
What is HMN's 200-week moving average price?
Horace Mann Educators Corporation's 200-week moving average is $34.93 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HMN drops below its 200-week moving average?
HMN has crossed below its 200-week moving average 32 times in our data. On average, buying at that moment produced a one-year return of +0.1%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is HMN a good value right now?
Here's what our data says about HMN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 34. Free cash flow yield is 11.7%. Return on equity is 11.7%. Price-to-book is 1.1x. This is not a buy or sell recommendation — always do your own research.
How does HMN compare to the S&P 500?
Over the past 33.2 years, $100 invested in HMN would have grown to $695, compared to $2683 for the S&P 500. That's 6.0% annualized vs 10.4% for the index. HMN has underperformed the broader market over this period.
Does HMN pay a dividend?
Yes. Horace Mann Educators Corporation currently pays a dividend yield of 347.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20