Kemper Co. (NYSE:KMPR) Receives Consensus Recommendation of “Buy” from Analysts

Kemper Co. (NYSE:KMPR) has been given an average recommendation of “Buy” by the five brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $80.40.

KMPR has been the topic of a number of recent analyst reports. TD Cowen boosted their price objective on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Raymond James lifted their target price on Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday. JMP Securities reissued a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. Finally, StockNews.com downgraded Kemper from a “buy” rating to a “hold” rating in a report on Thursday.

Kemper Price Performance

Shares of NYSE KMPR opened at $65.18 on Wednesday. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 15.52 and a beta of 0.88. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. Kemper has a 1-year low of $48.15 and a 1-year high of $73.01. The business has a 50-day moving average of $67.36 and a 200-day moving average of $63.24.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the company earned ($0.44) earnings per share. Kemper’s revenue for the quarter was down 1.7% on a year-over-year basis. On average, equities analysts anticipate that Kemper will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.90%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio is currently 29.52%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in KMPR. GAMMA Investing LLC boosted its holdings in shares of Kemper by 114.7% in the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after buying an additional 289 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Kemper by 5,590.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 559 shares during the last quarter. Quarry LP boosted its stake in Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 329 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Kemper during the third quarter valued at approximately $46,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Kemper during the 3rd quarter worth approximately $82,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Company Profile

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.