Kemper Corp (NYSE:KMPR) Receives Average Rating of “Buy” from Analysts

Kemper Corp (NYSE:KMPR) has been given a consensus recommendation of “Buy” by the seven ratings firms that are covering the firm, reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $80.00.

A number of equities research analysts have commented on KMPR shares. Piper Sandler reduced their target price on Kemper from $85.00 to $71.00 and set an “overweight” rating on the stock in a research report on Monday, April 6th. Raymond James cut their price objective on Kemper from $85.00 to $80.00 and set a “strong-buy” rating for the company in a research report on Friday, April 24th. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research report on Saturday, June 13th. JMP Securities lowered their target price on shares of Kemper from $95.00 to $90.00 and set a “market outperform” rating for the company in a research note on Thursday, April 16th. Finally, ValuEngine downgraded shares of Kemper from a “hold” rating to a “sell” rating in a research note on Friday, May 1st.

Shares of Kemper stock traded down $2.12 on Friday, hitting $69.84. 631,271 shares of the company were exchanged, compared to its average volume of 377,819. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $65.88 and a 200 day moving average price of $71.70. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 9.90 and a beta of 0.63. Kemper has a 1-year low of $53.81 and a 1-year high of $91.34.

Kemper (NYSE:KMPR) last issued its earnings results on Thursday, May 7th. The insurance provider reported $2.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.35. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.29 billion. Kemper had a return on equity of 12.74% and a net margin of 8.74%. The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the company earned $1.50 EPS. Research analysts forecast that Kemper will post 6.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend was Friday, May 15th. Kemper’s payout ratio is presently 19.14%.

A number of hedge funds and other institutional investors have recently bought and sold shares of KMPR. Advisory Services Network LLC raised its stake in Kemper by 217.2% in the fourth quarter. Advisory Services Network LLC now owns 460 shares of the insurance provider’s stock valued at $36,000 after buying an additional 315 shares in the last quarter. FDx Advisors Inc. acquired a new stake in shares of Kemper during the 1st quarter worth about $49,000. Vestcor Investment Management Corp acquired a new stake in shares of Kemper during the 4th quarter worth about $84,000. Chevy Chase Trust Holdings Inc. purchased a new stake in Kemper during the fourth quarter worth approximately $124,000. Finally, CBIZ Investment Advisory Services LLC acquired a new position in Kemper in the fourth quarter valued at approximately $140,000. Institutional investors own 70.85% of the company’s stock.

About Kemper

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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Analyst Recommendations for Kemper (NYSE:KMPR)

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