Last 7 days
-0.6%
Last 30 days
1.8%
Last 90 days
16.8%
Trailing 12 Months
-10.8%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.4B | 1.4B | 1.4B | 0 |
2022 | 1.4B | 1.4B | 1.4B | 1.4B |
2021 | 1.3B | 1.4B | 1.4B | 1.3B |
2020 | 1.4B | 1.3B | 1.3B | 1.3B |
2019 | 1.2B | 1.4B | 1.4B | 1.4B |
2018 | 1.2B | 1.2B | 1.2B | 1.2B |
2017 | 1.1B | 1.2B | 1.2B | 1.2B |
2016 | 1.1B | 1.1B | 1.1B | 1.1B |
2015 | 1.1B | 1.1B | 1.1B | 1.1B |
2014 | 1.0B | 1.0B | 1.1B | 1.1B |
2013 | 1.0B | 1.0B | 1.0B | 1.0B |
2012 | 998.5M | 1.0B | 1.0B | 1.0B |
2011 | 980.5M | 977.9M | 988.7M | 998.3M |
2010 | 946.7M | 956.1M | 965.4M | 974.7M |
2009 | 0 | 0 | 0 | 937.4M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Nov 20, 2023 | mcclure beverley j. | sold | -19,121 | 32.41 | -590 | - |
Sep 22, 2023 | fetter victor | bought | 103,908 | 29.6879 | 3,500 | - |
Aug 21, 2023 | mcclure beverley j. | sold | -16,773 | 28.43 | -590 | - |
Jun 01, 2023 | mcclure beverley j. | sold | -16,951 | 30.27 | -560 | - |
May 24, 2023 | reece henry wade | acquired | 115,013 | 31.45 | 3,657 | - |
May 24, 2023 | fetter victor | acquired | 115,013 | 31.45 | 3,657 | - |
May 24, 2023 | hines perry g. | acquired | 115,013 | 31.45 | 3,657 | - |
May 24, 2023 | sarsynski elaine a | acquired | 115,013 | 31.45 | 3,657 | - |
May 24, 2023 | konen mark e | acquired | 115,013 | 31.45 | 3,657 | - |
May 24, 2023 | bradley thomas a | acquired | 115,013 | 31.45 | 3,657 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 06, 2023 | CITIGROUP INC | reduced | -43.92 | -389,418 | 486,679 | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | added | 17.45 | 89,268 | 635,665 | -% |
Nov 22, 2023 | Graham Capital Management, L.P. | new | - | 321,505 | 321,505 | 0.01% |
Nov 22, 2023 | Public Sector Pension Investment Board | reduced | -30.37 | -667,218 | 1,483,100 | 0.01% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 99,000 | -% |
Nov 21, 2023 | COMERICA BANK | reduced | -7.5 | 1,458,730 | 1,460,730 | 0.01% |
Nov 17, 2023 | JACOBS LEVY EQUITY MANAGEMENT, INC | added | 381 | 3,352,090 | 4,241,210 | 0.03% |
Nov 15, 2023 | JANE STREET GROUP, LLC | reduced | -49.83 | -407,658 | 402,683 | -% |
Nov 15, 2023 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | added | 26.98 | 125,755 | 613,484 | -% |
Nov 15, 2023 | CAPTRUST FINANCIAL ADVISORS | new | - | 209,097 | 209,097 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Sep 11, 2023 | fuller & thaler asset management, inc. | 10.02% | 4,091,874 | SC 13G | |
Jul 10, 2023 | earnest partners llc | 3.8% | 1,535,745 | SC 13G/A | |
Feb 14, 2023 | earnest partners llc | 7.5% | 3,051,469 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 12.57% | 5,139,138 | SC 13G/A | |
Jan 31, 2023 | franklin mutual advisers llc | 6.5% | 2,651,633 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 14.6% | 5,980,908 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 14.6% | 5,980,908 | SC 13G/A | |
Feb 14, 2022 | silvercrest asset management group llc | 4.6% | 1,928,144 | SC 13G/A | |
Feb 11, 2022 | earnest partners llc | 7.2% | 2,976,829 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 11.87% | 4,924,315 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Nov 30, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 27, 2023 | 8-K | Current Report | |
Nov 21, 2023 | 4 | Insider Trading | |
Nov 20, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 07, 2023 | 10-Q | Quarterly Report | |
Nov 02, 2023 | 8-K | Current Report | |
Sep 25, 2023 | 4 | Insider Trading | |
Sep 15, 2023 | 8-K | Current Report | |
Sep 14, 2023 | 424B5 | Prospectus Filed | |
Sep 12, 2023 | FWP | Prospectus Filed |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AJG | 52.0B | 9.7B | -1.22% | 24.63% | 45.73 | 5.38 | 13.81% | 5.58% |
AFL | 49.3B | 19.0B | 1.26% | 15.85% | 10.79 | 2.59 | -8.29% | -10.06% |
AIG | 47.5B | 49.4B | 3.65% | 6.68% | 11.85 | 0.96 | -13.81% | -70.07% |
TRV | 41.5B | 40.1B | 7.01% | -2.27% | 19.02 | 1.04 | 10.52% | -34.92% |
ACGL | 28.9B | 12.8B | -8.28% | 30.24% | 9.73 | 2.26 | 66.43% | 139.35% |
MID-CAP | ||||||||
AFG | 9.7B | 7.7B | 3.71% | -13.39% | 11.22 | 1.26 | 11.70% | -11.46% |
UNM | 9.2B | 12.2B | -2.31% | 3.80% | 6.51 | 0.77 | 2.39% | 4.64% |
AIZ | 8.8B | 10.8B | 5.34% | 30.64% | 16.74 | 0.82 | 6.78% | 60.32% |
AEL | 4.4B | 2.4B | 2.94% | 41.87% | 3.98 | 1.8 | 30.04% | -43.02% |
LNC | 4.1B | 14.8B | 5.86% | -28.38% | 3.2 | 0.28 | -26.79% | 3.19% |
SMALL-CAP | ||||||||
BRP | 1.2B | 1.2B | -12.21% | -28.42% | -11.16 | 0.98 | 32.00% | -553.83% |
ARGO | 1.1B | 1.5B | 0.60% | 15.65% | -5.62 | 0.73 | -24.08% | -3.53% |
AMSF | 912.8M | 306.5M | -6.65% | -6.54% | 14.33 | 2.98 | 4.48% | 66.05% |
AMBC | 677.4M | 413.5M | 20.11% | -7.13% | 3.47 | 1.64 | 22.34% | -40.00% |
AAME | 39.2M | 185.3M | 11.63% | -28.89% | 12.62 | 0.21 | -3.68% | -1.30% |
Income Statement (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 6.3% | 379 | 356 | 354 | 347 | 343 | 346 | 347 | 331 | 330 | 347 | 322 | 352 | 337 | 315 | 307 | 331 | 334 | 451 | 313 | 279 | 311 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64.00 | 61.00 | 55.00 | 54.00 | 56.00 | 51.00 |
EBITDA Margin | - | - | - | 0.02* | 0.03* | 0.08* | 0.11* | 0.13* | 0.16* | 0.16* | 0.18* | 0.17* | 0.15* | 0.14* | 0.13* | 0.18* | 0.19* | - | - | - | - | - |
Interest Expenses | 8.7% | 8.00 | 7.00 | 7.00 | 6.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Income Taxes | 167.9% | 2.00 | -2.80 | 2.00 | -11.55 | 1.00 | -1.80 | 5.00 | 9.00 | 3.00 | 11.00 | 9.00 | 11.00 | 9.00 | 7.00 | - | 7.00 | 5.00 | 33.00 | 6.00 | -7.90 | 5.00 |
Earnings Before Taxes | 187.2% | 14.00 | -15.60 | 8.00 | -37.10 | 15.00 | -6.00 | 25.00 | 50.00 | 19.00 | 58.00 | 48.00 | 59.00 | 45.00 | 37.00 | 19.00 | 40.00 | 31.00 | 127 | 39.00 | -28.16 | 17.00 |
EBT Margin | - | - | - | -0.02* | -0.01* | 0.05* | 0.08* | 0.11* | 0.13* | 0.14* | 0.15* | 0.14* | 0.12* | 0.11* | 0.10* | 0.15* | 0.17* | - | - | - | - | - |
Net Income | 191.4% | 12.00 | -12.80 | 7.00 | -25.55 | 14.00 | -4.20 | 20.00 | 41.00 | 16.00 | 47.00 | 39.00 | 48.00 | 37.00 | 31.00 | 19.00 | 33.00 | 25.00 | 94.00 | 32.00 | -20.26 | 13.00 |
Net Income Margin | - | - | - | -0.01* | 0.00* | 0.04* | 0.06* | 0.09* | 0.11* | 0.11* | 0.13* | 0.12* | 0.10* | 0.09* | 0.08* | 0.12* | 0.13* | - | - | - | - | - |
Free Cashflow | - | - | - | 86.00 | 56.00 | 36.00 | -15.70 | 96.00 | 27.00 | 62.00 | -25.40 | 142 | -8.01 | 102 | 78.00 | 87.00 | -79.66 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -1.9% | 13,413 | 13,672 | 13,654 | 13,306 | 13,314 | 13,759 | 14,427 | 14,384 | 14,265 | 14,190 | 13,746 | 13,472 | 13,003 | 12,572 | 11,972 | 12,479 | 12,333 | 11,779 | 11,561 | 11,032 | 11,281 |
Cash Equivalents | 49.4% | 35.00 | 23.00 | 27.00 | 43.00 | 36.00 | 50.00 | 49.00 | 134 | 40.00 | 29.00 | 39.00 | 22.00 | 66.00 | 82.00 | 41.00 | 26.00 | 39.00 | 8.00 | 7.00 | 12.00 | 6.00 |
Goodwill | 0% | 54.00 | 54.00 | 54.00 | 54.00 | 56.00 | 56.00 | 56.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 49.00 | 49.00 | 49.00 | 49.00 | 49.00 | 20.00 | 57.00 | 47.00 | 47.00 |
Liabilities | -1.7% | 12,361 | 12,570 | 12,515 | 12,208 | 12,238 | 12,498 | 12,891 | 12,577 | 12,469 | 12,374 | 12,053 | 11,682 | 11,288 | 10,932 | 10,495 | 10,911 | 10,754 | 10,280 | 10,137 | 9,741 | 9,977 |
Short Term Borrowings | -100.0% | - | 249 | 249 | 249 | 249 | 249 | 249 | 249 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | - | - | - | - |
Long Term Debt | 119.2% | 546 | 249 | 249 | 249 | 249 | 249 | 254 | 254 | 254 | 279 | 302 | 302 | 302 | 302 | 298 | 298 | 298 | 298 | 298 | 298 | 298 |
Shareholder's Equity | -4.6% | 1,051 | 1,102 | 1,139 | 1,098 | 1,077 | 1,197 | 1,352 | 1,807 | 1,796 | 1,817 | 1,693 | 1,790 | 1,716 | 1,640 | 1,478 | 1,567 | 1,579 | 1,500 | 1,424 | 1,291 | 1,304 |
Retained Earnings | -0.1% | 1,477 | 1,479 | 1,505 | 1,512 | 1,500 | 1,500 | 1,526 | 1,525 | 1,498 | 1,494 | 1,461 | 1,435 | 1,400 | 1,376 | 1,358 | 1,353 | 1,332 | 1,318 | 1,237 | 1,217 | 1,249 |
Additional Paid-In Capital | 0.6% | 509 | 506 | 503 | 503 | 500 | 498 | 497 | 495 | 493 | 491 | 489 | 488 | 487 | 484 | 482 | 481 | 479 | 476 | 474 | 475 | 474 |
Shares Outstanding | -100.0% | - | 41.00 | 41.00 | - | 41.00 | 42.00 | 42.00 | - | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
Cashflow (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -32.9% | 45,300 | 67,500 | 86,400 | 55,700 | 35,800 | -15,700 | 95,700 | 26,800 | 61,500 | -25,400 | 142,000 | -8,000 | 102,200 | 78,200 | 87,400 | -79,636 | 109,400 | -26,967 | 124,803 | -16,586 | 66,165 |
Share Based Compensation | 4.0% | 2,600 | 2,500 | 2,000 | 2,200 | 2,300 | 2,300 | 2,100 | 2,400 | 2,200 | 1,600 | 2,200 | 2,100 | 1,800 | 1,600 | 1,200 | 1,634 | 2,215 | 1,979 | 1,472 | - | - |
Cashflow From Investing | -180.9% | -41,000 | 50,700 | -95,300 | 81,300 | 200 | -78,400 | -217,700 | 49,000 | -7,900 | -103,600 | -239,500 | -38,000 | -173,800 | -55,000 | -140,000 | 121,540 | -88,839 | 169,388 | -146,189 | -2,693 | -71,405 |
Cashflow From Financing | 105.8% | 7,100 | -122,500 | -6,500 | -130,400 | -49,900 | 95,100 | 37,400 | 17,700 | -42,800 | 119,000 | 114,600 | 2,800 | 54,700 | 18,000 | 68,300 | -55,747 | 11,172 | -142,086 | 16,761 | 24,754 | 3,424 |
Dividend Payments | -0.7% | 13,400 | 13,500 | 13,500 | 13,100 | 13,100 | 13,200 | 13,200 | 12,800 | 12,900 | 12,800 | 12,900 | 12,400 | 12,400 | 12,400 | 12,400 | 11,823 | 11,847 | 11,840 | 11,790 | 11,673 | 11,696 |
Buy Backs | -9.1% | 1,000 | 1,100 | 4,400 | - | 10,000 | 11,800 | 2,200 | 3,600 | 200 | - | 1,500 | - | - | 100 | 2,100 | - | - | - | - | 5,002 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Revenues | ||||
Net premiums and contract charges earned | $ 266.0 | $ 257.4 | $ 782.6 | $ 768.6 |
Net investment income | 118.9 | 97.6 | 327.8 | 300.7 |
Net investment losses | (8.4) | (12.8) | (29.7) | (43.8) |
Other income | 2.2 | 0.4 | 8.3 | 9.7 |
Total revenues | 378.7 | 342.6 | 1,089.0 | 1,035.2 |
Benefits, losses and expenses | ||||
Benefits, claims and settlement expenses | 199.2 | 167.1 | 587.6 | 545.7 |
Interest credited | 52.7 | 44.8 | 152.1 | 125.9 |
Operating expenses | 75.7 | 75.6 | 235.6 | 229.4 |
DAC amortization expense | 26.3 | 22.2 | 75.4 | 65.7 |
Intangible asset amortization expense | 3.7 | 4.2 | 11.1 | 12.6 |
Interest expense | 7.5 | 5.3 | 21.1 | 13.5 |
Total benefits, losses and expenses | 365.1 | 319.2 | 1,082.9 | 992.8 |
Income before income taxes | 13.6 | 23.4 | 6.1 | 42.4 |
Income tax expense | 1.9 | 3.0 | 0.6 | 5.9 |
Net income | $ 11.7 | $ 20.4 | $ 5.5 | $ 36.5 |
Net income per share | ||||
Basic (in usd per share) | $ 0.28 | $ 0.49 | $ 0.13 | $ 0.87 |
Diluted (in usd per share) | $ 0.28 | $ 0.49 | $ 0.13 | $ 0.87 |
Weighted average number of shares and equivalent shares | ||||
Basic (in shares) | 41.3 | 41.4 | 41.3 | 41.7 |
Diluted (in shares) | 41.4 | 41.6 | 41.4 | 41.9 |
Statements of Comprehensive Income (Loss) | ||||
Net income (loss) | $ 11.7 | $ 20.4 | $ 5.5 | $ 36.5 |
Other comprehensive loss, net of tax: | ||||
Change in net unrealized investment losses on fixed maturity securities | (141.0) | (215.0) | (85.1) | (843.9) |
Change in net reserve remeasurements attributable to discount rates | 90.7 | 110.7 | 74.6 | 460.7 |
Change in net funded status of benefit plans | 0.0 | 0.0 | 0.0 | 0.0 |
Other comprehensive loss | (50.3) | (104.3) | (10.5) | (383.2) |
Comprehensive income (loss) | $ (38.6) | $ (83.9) | $ (5.0) | $ (346.7) |
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investments | ||
Fixed maturity securities, available for sale, at fair value (amortized cost, net 2023, $5,641.6; 2022, $5,756.9) | $ 4,961.6 | $ 5,185.0 |
Equity securities at fair value | 77.0 | 99.6 |
Limited partnership interests | 1,142.6 | 983.7 |
Short-term and other investments | 338.2 | 319.3 |
Total investments | 6,519.4 | 6,587.6 |
Cash | 34.5 | 42.8 |
Deferred policy acquisition costs | 334.9 | 330.6 |
Reinsurance balances receivable | 441.1 | 468.0 |
Deposit asset on reinsurance | 2,515.7 | 2,516.6 |
Intangible assets | 174.0 | 185.2 |
Goodwill | 54.3 | 54.3 |
Other assets | 364.6 | 328.7 |
Separate Account variable annuity assets | 2,974.0 | 2,792.3 |
Total assets | 13,412.5 | 13,306.1 |
Policy liabilities | ||
Future policy benefit reserves | 1,613.4 | 1,718.0 |
Policyholders' account balances | 5,204.0 | 5,260.6 |
Unpaid claims and claim expenses | 586.6 | 564.0 |
Unearned premiums | 296.4 | 266.1 |
Total policy liabilities | 7,700.4 | 7,808.7 |
Other policyholder funds | 915.9 | 809.3 |
Other liabilities | 224.8 | 299.5 |
Short-term debt | 0.0 | 249.0 |
Long-term debt | 546.1 | 249.0 |
Separate Account variable annuity liabilities | 2,974.0 | 2,792.3 |
Total liabilities | 12,361.2 | 12,207.8 |
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued | 0.0 | 0.0 |
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2023, 66,746,349; 2022, 66,618,465 | 0.1 | 0.1 |
Additional paid-in capital | 508.5 | 502.6 |
Retained earnings | 1,476.5 | 1,512.4 |
Accumulated other comprehensive income (loss), net of tax: | ||
Net unrealized investment losses on fixed maturity securities | (534.7) | (449.6) |
Net reserve remeasurements attributable to discount rates | 133.6 | 59.0 |
Net funded status of benefit plans | (8.8) | (8.8) |
Treasury stock, at cost, 2023, 25,911,087 shares; 2022, 25,714,153 shares | (523.9) | (517.4) |
Total shareholders’ equity | 1,051.3 | 1,098.3 |
Total liabilities and shareholders’ equity | $ 13,412.5 | $ 13,306.1 |
CEO | Ms. Marita Zuraitis |
---|---|
WEBSITE | www.horacemann.com |
EMPLOYEES | 1700 |