Horace Mann Educators (HMN) vs Hanover Insurance Group (THG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Hanover Insurance Group (THG) has outperformed Horace Mann Educators (HMN) over the past year, gaining 20.7% versus a gain of 3.1%. Over five years, THG leads with a +65.2% price change compared with +15.4% for HMN. Hanover Insurance Group is the larger company by market cap ($7.73 billion vs $1.86 billion), about 4.2 times the size.
On valuation, Horace Mann Educators trades at a lower forward P/E (8.5x vs 11.3x for Hanover Insurance Group). Horace Mann Educators offers the higher dividend yield (3.09% vs 1.69%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HMN | THG |
|---|---|---|
| Share price | $45.90 | $221.93 |
| Market cap | $1.86B | $7.73B |
| 1-day change | +1.82% | +1.99% |
| YTD return | -0.61% | +21.43% |
| 1-year return | +3.15% | +20.67% |
| 5-year return | +15.44% | +65.20% |
| P/E ratio (TTM) | 10.72 | 10.62 |
| Forward P/E | 8.53 | 11.32 |
| EPS (TTM) | $4.28 | $20.89 |
| Dividend yield | 3.09% | 1.69% |
| Annual dividend | $1.42 | $3.75 |
| Revenue (latest FY) | — | $6.59B |
| Revenue growth (YoY) | — | +5.72% |
| Net income (latest FY) | — | $662.50M |
| Operating margin | — | 14.15% |
| Net margin | — | 10.05% |
| 52-week high | $55.56 | $236.07 |
| 52-week low | $41.29 | $166.54 |
| Distance from 52-week high | -17.39% | -5.99% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +23.09% | +6.79% |
| Average volume | 287.29K | 309.74K |
| Shares outstanding | 40.50M | 34.82M |
| Employees | 1,800 | 4,900 |
| Sector | Financial Services | Financial Services |
| Industry | Insurance - Property & Casualty | Insurance - Property & Casualty |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Hanover Insurance Group is about 4.2 times larger than Horace Mann Educators by market value ($7.73B vs $1.86B).
- THG has outperformed HMN by 17.5 percentage points over the past year.
- Horace Mann Educators offers a meaningfully higher dividend yield (3.09% vs 1.69%).
About Horace Mann Educators
HMN stock →Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments.
Financial Services · Insurance - Property & Casualty · 1,800 employees
About Hanover Insurance Group
THG stock →The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.
Financial Services · Insurance - Property & Casualty · 4,900 employees
HMN vs THG FAQ
Which is bigger, Horace Mann Educators or Hanover Insurance Group?
Hanover Insurance Group (THG) is larger, with a market capitalization of $7.73B compared with $1.86B for Horace Mann Educators (HMN).
Which stock has performed better over the past year, HMN or THG?
THG returned +20.67% over the past 12 months, compared with +3.15% for HMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HMN or THG?
THG has the lower trailing P/E at 10.6, versus 10.7 for HMN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Horace Mann Educators or Hanover Insurance Group?
Horace Mann Educators has the higher yield at 3.09%, compared with 1.69% for Hanover Insurance Group.
Are Horace Mann Educators and Hanover Insurance Group in the same industry?
Yes. Both are classified in the Insurance - Property & Casualty industry within the Financial Services sector.