William Blair Analysts Lift Earnings Estimates for Kemper Co. (NYSE:KMPR)

Kemper Co. (NYSE:KMPR) – Stock analysts at William Blair lifted their Q2 2024 earnings per share estimates for shares of Kemper in a research note issued on Tuesday, April 23rd. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings of $0.84 per share for the quarter, up from their previous estimate of $0.83. The consensus estimate for Kemper’s current full-year earnings is $4.17 per share. William Blair also issued estimates for Kemper’s Q3 2024 earnings at $0.97 EPS, Q4 2024 earnings at $1.08 EPS and FY2025 earnings at $4.55 EPS.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.21 billion.

Several other research firms have also weighed in on KMPR. Raymond James lifted their price objective on Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. UBS Group lifted their price objective on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. TD Cowen assumed coverage on Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price objective for the company. JMP Securities reissued a “market outperform” rating and issued a $75.00 price objective on shares of Kemper in a research report on Monday, April 15th. Finally, Piper Sandler boosted their target price on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $70.40.

Kemper Stock Up 3.3 %

KMPR stock opened at $60.40 on Thursday. The stock has a 50-day moving average price of $58.56 and a 200-day moving average price of $51.77. Kemper has a 1-year low of $38.32 and a 1-year high of $64.69. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Friday, February 16th. Kemper’s dividend payout ratio is currently -29.18%.

Institutional Trading of Kemper

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Kemper by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock worth $301,935,000 after buying an additional 28,095 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Kemper by 24.8% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider’s stock worth $180,140,000 after buying an additional 852,100 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Kemper by 3.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock worth $173,408,000 after buying an additional 150,584 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Kemper by 3.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock worth $118,827,000 after buying an additional 83,618 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of Kemper by 9.6% in the 4th quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider’s stock worth $88,605,000 after buying an additional 158,830 shares during the last quarter. 86.23% of the stock is owned by institutional investors.

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.