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Video: What is a Stock Split?
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Horace Mann Educators is an insurance holding company. Through its subsidiaries, Co. markets and underwrites: personal lines of property and casualty insurance, primarily automobile and property coverages; supplemental insurance products, including cancer, heart, hospital, supplemental disability and accident; retirement products, primarily tax-qualified fixed and variable annuities; and life insurance, primarily term and whole life insurance products. Co.'s segments: Property and Casualty, which includes private passenger automobile insurance and residential home insurance; Supplemental, which includes cancer, heart, hospital, supplemental disability and accident; Retirement; and Life. According to our Horace Mann Educators stock split history records, Horace Mann Educators has had 1 split. | |
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Horace Mann Educators (HMN) has 1 split in our Horace Mann Educators stock split history database. The split for HMN took place on December 16, 1997. This was a 2 for 1
split, meaning for each share of HMN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as Horace Mann Educators splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Horace Mann Educators stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Horace Mann Educators shares, starting with a $10,000 purchase of HMN, presented on a split-history-adjusted basis factoring in the complete Horace Mann Educators stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$29.04 |
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End price/share: |
$37.52 |
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Starting shares: |
344.35 |
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Ending shares: |
471.00 |
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Dividends reinvested/share: |
$11.52 |
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Total return: |
76.72% |
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Average Annual Total Return: |
5.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,673.35 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$29.04 |
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End price/share: |
$37.52 |
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Dividends collected/share: |
$11.52 |
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Total return: |
68.88% |
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Average Annual Total Return: |
5.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,888.14 |
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Years: |
10.00 |
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Date |
Ratio |
12/16/1997 | 2 for 1
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