公司动态 - 公司以12.5亿美元对价将Group Health业务出售给Nationwide，预计产生约5亿美元账面收益[1][7] - 此次剥离是公司退出Health and Benefits业务的战略一部分，该计划总交易金额达32.5亿美元[3][7] - 公司此前在2025年4月已将Employer Voluntary Benefits业务出售给StanCorp Financial Group[3] - 剩余Individual Health业务可能被保留或与其他公司合并[3] 战略调整 - 通过剥离低回报、低增长潜力的业务重新配置资本，重点加强Property-Liability板块及Protection Services业务[4][7] - Property-Liability板块2025年一季度保费收入受益于费率上调[5] - Protection Services业务增长由Allstate Protection Plans的渠道优势及Arity的销售线索改善驱动[5] 市场表现 - 公司股价过去一年上涨25.6%，跑赢行业平均19.8%的涨幅[6] - 当前Zacks评级为2（买入）[6] 同业比较 - Palomar Holdings过去四个季度每股收益平均超预期16.42%，2025年盈利预期同比增39.3%[10][13] - Heritage Insurance同期盈利平均超预期363.17%，2025年盈利预期同比增61.7%[11][13] - Horace Mann过去一年股价上涨30.2%，2025年盈利预期同比增26.1%[12][13] - 三家公司过去一年股价涨幅分别为72.8%、242.7%、30.2%，均持有Zacks 1评级（强力买入）[9][13]

公司概况 - Aon plc是一家跨国企业，提供全球范围内的风险、退休和健康解决方案，业务分为风险资本和人力资本两大板块 [1] - 公司总部位于爱尔兰都柏林，市值达800亿美元，在120多个国家开展业务，提供风险管理、保险经纪、人力资源咨询等服务 [2] - 公司当前Zacks评级为3（持有），远期市盈率20.9倍，低于行业平均的22.9倍 [2] 财务表现 - 2025年一季度总收入同比增长16%至47亿美元，其中有机增长5%，风险资本板块收入增长7%，人力资本板块收入激增40% [5] - 2025年一季度回购2.5亿美元普通股，季度现金股息上调10%，实现连续15年股息增长 [6] - 2025年Zacks一致预期每股收益16.74美元（同比增长7.3%），收入预期172亿美元（同比增长9.3%），过去四个季度两次超预期两次未达预期 [3] 增长动力 - 通过战略收购推动扩张，2025年一季度完成7项收购，并实施3x3长期增长计划 [4] - 公司预计2025年有机收入将实现中个位数或更高增长 [5] 运营挑战 - 运营费用持续攀升，2023年增长8.9%，2024年增长23.7%，2025年一季度增长25%，主要受NFP运营费用及薪酬福利成本增加影响 [8] - 2025年一季度调整后运营利润率38.4%，同比恶化130个基点 [8] - 长期债务达163亿美元，债务资本化比率69.5%，显著高于行业50%的平均水平 [9] 同业比较 - 年内股价上涨3.1%，跑输行业平均7.7%的涨幅 [1] - 同业中Horace Mann Educators当前年度每股收益预期4.01美元（30天内获两次上调），收入预期17亿美元（同比增长6.6%） [11] - Heritage Insurance当前年度每股收益预期3.25美元（30天内获两次上调），收入预期8.549亿美元（同比增长4.6%） [12] - EverQuote当前年度每股收益预期1.17美元（同比增长33%），收入预期6.441亿美元（同比增长28.8%） [13]

Horace Mann (HMN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing ea ...

Horace Mann Educators (HMN) 2025 Investor Day May 13, 2025 10:00 AM ET Speaker0 Good morning, everyone. Welcome to Horace Mann's Investor Day. Really excited to see so many familiar faces out there, some new faces as well. Welcome to the people online. I'd like to let the people online know that if you have a question, as we're going through our presentation this morning, please feel free to input that question online, and we will take those questions during the Q and A portion. We are really excited to be ...

2025 Investor Day Who we are 01 Marita Zuraitis, President & CEO How we win 02 Steve McAnena, Chief Operating Officer Steve Chauby, Chief Marketing & Distribution Officer What's to come 03 Ryan Greenier, Chief Financial Officer Closing 04 2 Safe Harbor Statement and Non-GAAP Measures Certain statements included in this presentation, including those regarding our earnings outlook, expected catastrophe losses, our investment strategies, our plans to implement additional rate actions, our plans relating to sha ...

Horace Mann Educators (HMN) Q1 2025 Earnings Call May 07, 2025 12:00 PM ET Company Participants Brendan Dawal - VP Financial Planning & Analysis, Investor RelationsMarita Zuraitis - President and Chief Executive OfficerRyan Greenier - Executive Vice President and CFOWilma Burdis - DirectorStephen McAnena - EVP & Chief Operating Officer Conference Call Participants John Barnidge - Managing Director & Senior Research Analyst Operator Good day, and welcome to the Horace Mann Educator First Quarter twenty twent ...

Horace Mann Educators (HMN) Q1 2025 Earnings Call May 07, 2025 12:00 PM ET Speaker0 Good day, and welcome to the Horace Mann Educator First Quarter twenty twenty five Investors Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Brendan DeWall, Vice President, Investor Relations. Please go ahead. Speaker1 Thank you. Welcome to Horace Mann's disc ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its ...

The historical and forward-looking financial information contained in this presentation includes measures marked with an asterisk (*) the first time they are presented within this document that are not based on accounting principles generally accepted in the United States of America (non-GAAP) such as core earnings, core earnings per share, and adjusted book value per share. An explanation of these measures is contained in the Glossary of Selected Terms included as Exhibit 99.1 in our most recent Form 8-K f ...

Horace Mann (HMN) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.59%. A quarter ago, it was expected that this provider of auto and homeowners' insurance for teachers and other educators would post earnings of $0.99 per share when it actually produced earnings of $1.62, deliverin ...