Brokerages Expect Kemper Corp (KMPR) to Post $1.01 EPS

Wall Street analysts expect that Kemper Corp (NYSE:KMPR) will report $1.01 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Kemper’s earnings, with the lowest EPS estimate coming in at $0.69 and the highest estimate coming in at $1.32. Kemper posted earnings per share of $0.45 in the same quarter last year, which indicates a positive year over year growth rate of 124.4%. The company is expected to issue its next quarterly earnings results on Tuesday, February 12th.

On average, analysts expect that Kemper will report full-year earnings of $4.33 per share for the current year, with EPS estimates ranging from $4.15 to $4.50. For the next fiscal year, analysts anticipate that the company will post earnings of $5.45 per share, with EPS estimates ranging from $5.30 to $5.75. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that cover Kemper.

Kemper (NYSE:KMPR) last issued its earnings results on Monday, November 5th. The insurance provider reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.39. Kemper had a net margin of 6.63% and a return on equity of 9.56%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm posted $0.85 earnings per share. The business’s revenue was up 73.2% on a year-over-year basis.

A number of brokerages have issued reports on KMPR. JMP Securities raised Kemper from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 8th. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “strong-buy” rating and set a $76.00 price objective on the stock in a research report on Friday, January 4th. Keefe, Bruyette & Woods started coverage on shares of Kemper in a research report on Thursday, November 1st. They set a “market perform” rating and a $80.00 price objective on the stock. Finally, Sandler O’Neill raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $78.00.

Shares of KMPR stock traded up $0.12 during mid-day trading on Wednesday, reaching $71.18. The stock had a trading volume of 7,235 shares, compared to its average volume of 266,082. Kemper has a 12-month low of $50.85 and a 12-month high of $87.00. The stock has a market cap of $4.57 billion, a P/E ratio of 43.34 and a beta of 1.16. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.37.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. First Trust Advisors LP lifted its holdings in shares of Kemper by 151.7% during the 2nd quarter. First Trust Advisors LP now owns 12,817 shares of the insurance provider’s stock worth $970,000 after acquiring an additional 7,725 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Kemper by 191.3% during the second quarter. PNC Financial Services Group Inc. now owns 5,115 shares of the insurance provider’s stock valued at $386,000 after buying an additional 3,359 shares during the last quarter. Raymond James & Associates increased its stake in shares of Kemper by 22.8% in the second quarter. Raymond James & Associates now owns 82,475 shares of the insurance provider’s stock worth $6,239,000 after purchasing an additional 15,309 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Kemper in the second quarter worth $217,000. Finally, Natixis increased its stake in shares of Kemper by 48.5% in the second quarter. Natixis now owns 153,063 shares of the insurance provider’s stock worth $11,579,000 after purchasing an additional 49,982 shares in the last quarter. 65.35% of the stock is currently owned by institutional investors and hedge funds.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.

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