Kemper Corporation (NYSE:KMPR – Get Free Report) has been given a consensus recommendation of “Reduce” by the nine ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $43.25.
A number of analysts recently issued reports on the company. Weiss Ratings downgraded Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Zacks Research raised Kemper from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Wall Street Zen raised shares of Kemper from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. TD Cowen decreased their price target on Kemper from $81.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Finally, UBS Group reduced their price objective on shares of Kemper from $44.00 to $43.00 and set a “buy” rating for the company in a research report on Monday, August 10th.
Get Our Latest Stock Analysis on Kemper
Insider Activity at Kemper
Hedge Funds Weigh In On Kemper
A number of large investors have recently modified their holdings of the business. Farther Finance Advisors LLC increased its holdings in shares of Kemper by 108.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,043 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 542 shares in the last quarter. Nykredit A S purchased a new stake in Kemper in the 2nd quarter valued at approximately $31,000. Rockefeller Capital Management L.P. lifted its position in shares of Kemper by 616.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 814 shares in the last quarter. IFP Advisors Inc lifted its holdings in Kemper by 456.6% in the 2nd quarter. IFP Advisors Inc now owns 1,436 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 1,178 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Kemper by 24.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,969 shares of the insurance provider’s stock worth $80,000 after acquiring an additional 389 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.
Kemper Stock Up 2.6%
Shares of NYSE:KMPR opened at $27.64 on Tuesday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. Kemper has a 52-week low of $22.69 and a 52-week high of $50.52. The business has a fifty day moving average of $27.07 and a two-hundred day moving average of $28.31. The stock has a market cap of $1.63 billion, a P/E ratio of -3.29 and a beta of 1.07.
Kemper (NYSE:KMPR – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.11. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. Kemper’s revenue was down 10.8% compared to the same quarter last year. During the same period last year, the business earned $1.30 earnings per share. On average, research analysts expect that Kemper will post 2.02 earnings per share for the current year.
Kemper Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were given a dividend of $0.32 per share. The ex-dividend date was Friday, August 21st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.6%. Kemper’s dividend payout ratio (DPR) is -15.24%.
Kemper Company Profile
Kemper Corporation is an insurance holding company that provides property and casualty, life, and health insurance products through its operating subsidiaries. Its offerings include automobile insurance, homeowners and renters insurance, and other personal and commercial insurance solutions designed for individuals, families, and businesses.
The company distributes its products through independent agents, affiliated agencies, and other insurance distribution partners. Kemper primarily serves customers across the United States, with its businesses focused on personal insurance markets and selected commercial insurance opportunities.
Kemper traces its corporate history to Unitrin, which changed its name to Kemper Corporation in 2015.
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