Kemper Corp (NYSE:KMPR) declared a quarterly dividend on Wednesday, August 7th, NASDAQ reports. Stockholders of record on Monday, August 19th will be given a dividend of 0.25 per share by the insurance provider on Tuesday, September 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, August 16th.
Kemper has a dividend payout ratio of 22.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kemper to earn $6.30 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 15.9%.
KMPR stock opened at $78.37 on Wednesday. Kemper has a twelve month low of $61.57 and a twelve month high of $91.97. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.28. The stock has a market cap of $5.30 billion, a PE ratio of 17.93 and a beta of 1.18. The company’s 50-day moving average is $85.92.
Kemper (NYSE:KMPR) last posted its quarterly earnings data on Monday, August 5th. The insurance provider reported $1.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.02. Kemper had a return on equity of 10.84% and a net margin of 7.83%. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm earned $0.70 EPS. The business’s quarterly revenue was up 71.9% on a year-over-year basis. As a group, equities analysts forecast that Kemper will post 5.75 earnings per share for the current year.
A number of research firms have recently weighed in on KMPR. ValuEngine cut Kemper from a “hold” rating to a “sell” rating in a research report on Tuesday, August 6th. Zacks Investment Research raised Kemper from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $86.00.
Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.
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