Kemper Corporation (NYSE:KMPR – Get Free Report) has been assigned an average rating of “Reduce” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $43.6667.
KMPR has been the topic of several research analyst reports. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings downgraded Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. UBS Group decreased their price objective on Kemper from $44.00 to $43.00 and set a “buy” rating for the company in a report on Monday, August 10th. Piper Sandler lowered their price objective on Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. Finally, Zacks Research downgraded Kemper from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th.
Check Out Our Latest Stock Analysis on KMPR
Insider Buying and Selling at Kemper
Hedge Funds Weigh In On Kemper
Several hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its stake in Kemper by 39.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,933 shares of the insurance provider’s stock worth $330,000 after purchasing an additional 1,406 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Kemper by 16.2% in the first quarter. Goldman Sachs Group Inc. now owns 557,786 shares of the insurance provider’s stock worth $37,288,000 after purchasing an additional 77,764 shares during the period. United Services Automobile Association bought a new position in shares of Kemper in the first quarter worth $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Kemper by 4.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 198,248 shares of the insurance provider’s stock worth $13,253,000 after buying an additional 9,008 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of Kemper by 112.7% in the first quarter. Jane Street Group LLC now owns 10,516 shares of the insurance provider’s stock worth $703,000 after buying an additional 5,573 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.
Kemper Stock Performance
Shares of KMPR opened at $27.38 on Monday. The stock has a 50 day moving average of $27.52 and a 200 day moving average of $29.99. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -3.26 and a beta of 1.04. Kemper has a 12 month low of $22.69 and a 12 month high of $54.90. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.43.
Kemper (NYSE:KMPR – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.11. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a positive return on equity of 2.89% and a negative net margin of 10.84%.The business’s revenue was down 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.30 earnings per share. As a group, sell-side analysts forecast that Kemper will post 1.97 earnings per share for the current year.
Kemper Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Friday, August 21st. Kemper’s payout ratio is presently -15.24%.
Kemper Company Profile
Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.
The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.
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