Kemper Corporation (KMPR) Expected to Announce Earnings of $0.54 Per Share

Analysts expect that Kemper Corporation (NYSE:KMPR) will report earnings per share (EPS) of $0.54 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Kemper’s earnings. The lowest EPS estimate is $0.50 and the highest is $0.57. Kemper posted earnings of $0.56 per share in the same quarter last year, which would suggest a negative year over year growth rate of 3.6%. The firm is expected to issue its next quarterly earnings results on Thursday, February 8th.

According to Zacks, analysts expect that Kemper will report full-year earnings of $1.74 per share for the current fiscal year, with EPS estimates ranging from $1.70 to $1.77. For the next financial year, analysts expect that the company will post earnings of $2.80 per share, with EPS estimates ranging from $2.50 to $3.10. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Kemper.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Monday, October 30th. The insurance provider reported $0.85 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.57. Kemper had a net margin of 4.32% and a return on equity of 4.47%. The business had revenue of $690.30 million during the quarter, compared to analyst estimates of $680.90 million. During the same period last year, the business posted ($0.40) earnings per share. Kemper’s quarterly revenue was up 7.7% compared to the same quarter last year.

KMPR has been the subject of several research analyst reports. BidaskClub upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Wednesday, September 20th. Zacks Investment Research raised shares of Kemper from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research note on Friday. Three research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. Kemper has a consensus rating of “Buy” and an average target price of $55.50.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. California Public Employees Retirement System increased its stake in shares of Kemper by 3.7% during the third quarter. California Public Employees Retirement System now owns 139,541 shares of the insurance provider’s stock valued at $7,396,000 after purchasing an additional 4,941 shares in the last quarter. Invictus RG bought a new position in shares of Kemper during the third quarter valued at approximately $207,000. Schwab Charles Investment Management Inc. increased its stake in shares of Kemper by 3.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 355,741 shares of the insurance provider’s stock valued at $18,855,000 after purchasing an additional 11,669 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Kemper by 47.0% during the third quarter. Wells Fargo & Company MN now owns 61,953 shares of the insurance provider’s stock valued at $3,283,000 after purchasing an additional 19,797 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Kemper by 6.8% during the third quarter. JPMorgan Chase & Co. now owns 124,699 shares of the insurance provider’s stock valued at $6,590,000 after purchasing an additional 7,933 shares in the last quarter. 57.79% of the stock is owned by institutional investors and hedge funds.

Shares of Kemper (NYSE KMPR) opened at $68.65 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.28. Kemper has a 1-year low of $36.35 and a 1-year high of $71.52. The company has a market cap of $3,550.14, a PE ratio of 39.65 and a beta of 1.19.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 28th. Shareholders of record on Monday, November 13th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Friday, November 10th. Kemper’s dividend payout ratio is 43.24%.

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About Kemper

Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.

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