Kemper Corp (KMPR) Expected to Post Earnings of $0.67 Per Share
Wall Street analysts predict that Kemper Corp (NYSE:KMPR) will announce earnings per share of $0.67 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Kemper’s earnings. The highest EPS estimate is $0.80 and the lowest is $0.56. Kemper posted earnings per share of ($0.08) in the same quarter last year, which indicates a positive year over year growth rate of 937.5%. The firm is expected to report its next earnings results on Thursday, May 3rd.
On average, analysts expect that Kemper will report full year earnings of $3.72 per share for the current financial year, with EPS estimates ranging from $3.45 to $3.97. For the next fiscal year, analysts expect that the firm will post earnings of $4.26 per share, with EPS estimates ranging from $4.01 to $4.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Kemper.
Several equities research analysts have recently commented on the stock. William Blair upgraded shares of Kemper from a “market perform” rating to an “outperform” rating in a report on Thursday, February 15th. Zacks Investment Research lowered shares of Kemper from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, ValuEngine lowered shares of Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company. Kemper has a consensus rating of “Strong Buy” and an average target price of $67.50.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 6th. Investors of record on Tuesday, February 20th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, February 16th. This represents a $0.96 annualized dividend and a dividend yield of 1.70%. Kemper’s dividend payout ratio (DPR) is presently 38.25%.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. raised its stake in shares of Kemper by 2.8% during the 4th quarter. BlackRock Inc. now owns 4,746,247 shares of the insurance provider’s stock worth $327,015,000 after acquiring an additional 128,035 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Kemper by 17.1% during the 4th quarter. Victory Capital Management Inc. now owns 485,087 shares of the insurance provider’s stock worth $33,422,000 after acquiring an additional 70,992 shares in the last quarter. Hennessy Advisors Inc. bought a new position in shares of Kemper during the 4th quarter worth approximately $32,245,000. Geode Capital Management LLC raised its stake in shares of Kemper by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 392,438 shares of the insurance provider’s stock worth $27,038,000 after acquiring an additional 7,491 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Kemper by 3.4% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 355,741 shares of the insurance provider’s stock worth $18,855,000 after acquiring an additional 11,669 shares in the last quarter. Hedge funds and other institutional investors own 58.47% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Kemper Corp (KMPR) Expected to Post Earnings of $0.67 Per Share” was first posted by Daily Political and is the property of of Daily Political. If you are reading this article on another website, it was stolen and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.dailypolitical.com/2018/03/15/kemper-corp-kmpr-expected-to-post-earnings-of-0-67-per-share.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Kemper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper and related companies with MarketBeat.com's FREE daily email newsletter.