Kemper Corporation (NYSE:KMPR) Given Consensus Rating of “Reduce” by Analysts

Kemper Corporation (NYSE:KMPR) has been given an average rating of “Reduce” by the seven research firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $56.6667.

Several research firms recently commented on KMPR. Zacks Research downgraded Kemper from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Raymond James Financial cut shares of Kemper from an “outperform” rating to a “market perform” rating and set a $60.00 target price for the company. in a research report on Wednesday, October 15th. William Blair downgraded shares of Kemper from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 18th. Piper Sandler dropped their price objective on shares of Kemper from $50.00 to $35.00 and set an “underweight” rating for the company in a research note on Thursday, November 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Kemper in a report on Monday, December 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Voya Investment Management LLC boosted its position in shares of Kemper by 442.8% during the 1st quarter. Voya Investment Management LLC now owns 39,932 shares of the insurance provider’s stock worth $2,669,000 after purchasing an additional 32,575 shares during the period. Brighton Jones LLC acquired a new position in Kemper during the second quarter worth $490,000. Moran Wealth Management LLC purchased a new position in shares of Kemper during the second quarter worth $608,000. Versor Investments LP acquired a new stake in shares of Kemper in the second quarter valued at $1,870,000. Finally, Bryce Point Capital LLC purchased a new stake in shares of Kemper in the 2nd quarter valued at $742,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Stock Up 0.1%

KMPR stock opened at $39.73 on Friday. Kemper has a 52 week low of $33.91 and a 52 week high of $72.25. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.35. The firm has a 50-day simple moving average of $39.81 and a 200-day simple moving average of $49.44. The stock has a market capitalization of $2.33 billion, a P/E ratio of 10.37 and a beta of 1.15.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, November 5th. The insurance provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($1.00). Kemper had a return on equity of 11.48% and a net margin of 5.13%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the firm posted $1.62 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Equities analysts forecast that Kemper will post 6.03 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, November 17th were paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.2%. Kemper’s dividend payout ratio (DPR) is 33.42%.

About Kemper

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.