Expansion of EssentialTerm Suite: Prudential Financial has expanded its EssentialTerm Suite to include coverage options starting at $0.25 million, aiming to provide more flexibility and affordability for individuals seeking life insurance policies.
Features of the EssentialTerm Suite: The suite includes two term life options—EssentialTerm Value and EssentialTerm Plus—offering temporary protection with conversion features to permanent coverage, guaranteed level premiums, and a built-in terminal illness rider.
Financial Impact: The expansion is expected to enhance Prudential's financial performance by increasing premium income from larger policy sizes and promoting long-term revenue through customer retention as they transition to permanent coverage.
Market Position and Challenges: Despite the expansion, Prudential's shares have declined by 7.8% year-to-date due to low interest rates and rising expenses, while competitors like Hippo Holdings and Horace Mann show stronger earnings growth potential.
Wall Street analysts forecast HMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HMN is 48.00 USD with a low forecast of 48.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast HMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HMN is 48.00 USD with a low forecast of 48.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 43.350
Low
48.00
Averages
48.00
High
48.00
Current: 43.350
Low
48.00
Averages
48.00
High
48.00
BMO Capital
Michael Zaremski
Outperform
initiated
$48
2025-07-28
Reason
BMO Capital
Michael Zaremski
Price Target
$48
AI Analysis
2025-07-28
initiated
Outperform
Reason
BMO Capital analyst Michael Zaremski initiated coverage of Horace Mann with an Outperform rating and $48 price target. The company's captive-focused distribution differs from the majority of peer insurers who rely on 3rd party independent sales agents, the analyst tells investors in a research note. BMO adds that Horace Mann's strategy of selling mainly to schoolteachers via its captive salesforce is one that can bear meaningful fruit, so long as it executes on its current revamped sales strategy.
Piper Sandler
Neutral
maintain
$44 -> $45
2025-07-03
Reason
Piper Sandler
Price Target
$44 -> $45
2025-07-03
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on Horace Mann to $45 from $44 and keeps a Neutral rating on the shares. The firm is reducing its EPS estimates in the space driven by continued fee and spread headwinds. This was confirmed by a rather challenging pre-announcement of variable investment income from MetLife (MET) in late June suggesting this swing factor for a large chunk of lifecoland got sequentially worse, which also - in Piper's opinion - pushes out the normalization factor towards 2026.
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Raymond James
Strong Buy
maintain
$46 -> $49
2025-05-15
Reason
Raymond James
Price Target
$46 -> $49
2025-05-15
maintain
Strong Buy
Reason
Raymond James raised the firm's price target on Horace Mann to $49 from $46 and keeps a Strong Buy rating on the shares. The firm likes the company's strong distribution and sticky businesses, and tells investors in a research note that as Horace Mann executes on investor day targets, the stock should react favorably.
Keefe, Bruyette & Woods
Meyer Shields
Hold
Maintains
$44 → $45
2025-02-11
Reason
Keefe, Bruyette & Woods
Meyer Shields
Price Target
$44 → $45
2025-02-11
Maintains
Hold
Reason
Keefe Bruyette analyst Meyer Shields raised the firm's price target on Horace Mann to $45 from $44 and keeps a Market Perform rating on the shares. The shares' current valuation reasonably reflects its property and casualty margin improvement prospects, the analyst tells investors in a research note.
About HMN
Horace Mann Educators Corporation is a multiline financial services company focused on helping America’s educators and others who serve the community. The Company's Property & Casualty segment's primary insurance products include private passenger auto insurance, residential home insurance, and personal umbrella insurance. Its Life & Retirement segment markets 403 (b) tax-qualified fixed, fixed indexed and variable annuities; the Horace Mann Retirement Advantage open architecture platform for 403 (b) (7) and other defined contribution plans; traditional term and whole life insurance products and indexed universal life (IUL) products. Its Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, short-term disability and long-term disability, and worksite direct products, including supplemental heart, supplemental cancer, supplemental disability and supplemental accident coverage.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
