Kemper Corp (KMPR) Receives Consensus Recommendation of “Buy” from Analysts

Kemper Corp (NYSE:KMPR) has earned a consensus rating of “Buy” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $67.00.

A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Kemper from a “hold” rating to a “strong-buy” rating and set a $79.00 price objective for the company in a research report on Wednesday, December 13th. BidaskClub upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Wednesday, September 20th. Finally, ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

Shares of Kemper (KMPR) traded up $0.35 during trading on Friday, hitting $69.15. 137,292 shares of the company’s stock were exchanged, compared to its average volume of 172,711. The firm has a market capitalization of $3,570.72, a P/E ratio of 39.88 and a beta of 1.19. Kemper has a 1-year low of $36.35 and a 1-year high of $71.52. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.17 and a current ratio of 0.17.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Monday, October 30th. The insurance provider reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.57. The business had revenue of $690.30 million during the quarter, compared to the consensus estimate of $680.90 million. Kemper had a net margin of 4.32% and a return on equity of 4.47%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.40) earnings per share. sell-side analysts expect that Kemper will post 1.57 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 28th. Investors of record on Monday, November 13th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.39%. Kemper’s dividend payout ratio (DPR) is presently 43.24%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amalgamated Bank raised its position in shares of Kemper by 0.9% during the 2nd quarter. Amalgamated Bank now owns 5,758 shares of the insurance provider’s stock worth $222,000 after purchasing an additional 53 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of Kemper by 0.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 31,242 shares of the insurance provider’s stock worth $1,206,000 after purchasing an additional 80 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Kemper by 0.3% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 32,046 shares of the insurance provider’s stock worth $1,237,000 after purchasing an additional 100 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Kemper by 0.4% during the 2nd quarter. Prudential Financial Inc. now owns 31,925 shares of the insurance provider’s stock worth $1,232,000 after purchasing an additional 140 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Kemper by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 20,500 shares of the insurance provider’s stock worth $791,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 57.72% of the company’s stock.

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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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