Kemper Co. (NYSE:KMPR) Receives Average Rating of “Buy” from Brokerages

Kemper Co. (NYSE:KMPR) has been given a consensus recommendation of “Buy” by the five analysts that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $70.40.

KMPR has been the subject of a number of analyst reports. Piper Sandler lifted their price target on shares of Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. JMP Securities reissued a “market outperform” rating and issued a $75.00 price objective on shares of Kemper in a research note on Monday, April 15th. TD Cowen began coverage on shares of Kemper in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price objective on the stock. Raymond James boosted their target price on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Finally, UBS Group lifted their price target on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, February 5th.

Hedge Funds Weigh In On Kemper

Hedge funds and other institutional investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in Kemper by 211.1% in the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock valued at $26,000 after buying an additional 361 shares during the period. CWM LLC raised its holdings in shares of Kemper by 257.8% during the first quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares during the period. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Kemper during the third quarter valued at about $31,000. Exchange Traded Concepts LLC acquired a new position in shares of Kemper during the third quarter valued at about $32,000. Finally, Quest Partners LLC acquired a new position in shares of Kemper during the fourth quarter valued at about $66,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Trading Up 0.1 %

Shares of KMPR stock opened at $58.44 on Friday. The firm has a 50 day moving average price of $58.49 and a two-hundred day moving average price of $51.71. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $3.76 billion, a PE ratio of -13.75 and a beta of 0.91. Kemper has a 12-month low of $38.32 and a 12-month high of $64.69.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. As a group, analysts predict that Kemper will post 4.17 earnings per share for the current year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.24 annualized dividend and a yield of 2.12%. Kemper’s payout ratio is -29.18%.

About Kemper

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.