Kemper Corporation (KMPR) Given Consensus Recommendation of “Hold” by Brokerages
Kemper Corporation (NYSE:KMPR) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.
Several equities analysts have recently weighed in on KMPR shares. Zacks Investment Research cut shares of Kemper Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 27th. TheStreet cut shares of Kemper Corporation from a “b-” rating to a “c” rating in a research note on Thursday, May 4th. Finally, BidaskClub cut shares of Kemper Corporation from a “hold” rating to a “sell” rating in a research note on Friday.
Shares of Kemper Corporation (NYSE:KMPR) traded up 0.13% on Friday, reaching $37.95. 88,048 shares of the company were exchanged. The company’s 50 day moving average is $38.85 and its 200 day moving average is $41.59. Kemper Corporation has a 12-month low of $29.62 and a 12-month high of $45.95. The firm has a market capitalization of $1.95 billion, a PE ratio of 105.42 and a beta of 1.12.
Kemper Corporation (NYSE:KMPR) last announced its quarterly earnings results on Thursday, May 4th. The insurance provider reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.11. The firm had revenue of $651.40 million for the quarter, compared to the consensus estimate of $652.25 million. Kemper Corporation had a net margin of 0.73% and a return on equity of 0.44%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.01) EPS. Analysts forecast that Kemper Corporation will post $1.41 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 30th. Stockholders of record on Monday, May 15th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.53%. The ex-dividend date was Thursday, May 11th. Kemper Corporation’s dividend payout ratio (DPR) is presently 274.29%.
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In other Kemper Corporation news, insider Mark A. Green acquired 1,000 shares of the stock in a transaction dated Tuesday, May 9th. The shares were purchased at an average price of $37.72 per share, for a total transaction of $37,720.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.92% of the stock is owned by corporate insiders.
A number of large investors have recently added to or reduced their stakes in KMPR. Russell Investments Group Ltd. purchased a new stake in Kemper Corporation during the fourth quarter worth approximately $6,389,000. Comerica Bank boosted its stake in Kemper Corporation by 5.2% in the fourth quarter. Comerica Bank now owns 35,401 shares of the insurance provider’s stock worth $1,574,000 after buying an additional 1,753 shares during the last quarter. Federated Investors Inc. PA boosted its stake in Kemper Corporation by 3.3% in the fourth quarter. Federated Investors Inc. PA now owns 27,275 shares of the insurance provider’s stock worth $1,208,000 after buying an additional 859 shares during the last quarter. Credit Agricole S A boosted its stake in Kemper Corporation by 73.7% in the fourth quarter. Credit Agricole S A now owns 26,437 shares of the insurance provider’s stock worth $1,171,000 after buying an additional 11,219 shares during the last quarter. Finally, Flinton Capital Management LLC purchased a new stake in Kemper Corporation during the fourth quarter worth approximately $146,000. Institutional investors own 55.11% of the company’s stock.
About Kemper Corporation
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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