Kemper Co. (NYSE:KMPR) Receives Average Rating of “Buy” from Analysts

Kemper Co. (NYSE:KMPR) has been given an average recommendation of “Buy” by the six ratings firms that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $70.67.

A number of research analysts recently commented on the company. UBS Group boosted their price target on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, February 5th. TD Cowen initiated coverage on shares of Kemper in a report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price target on the stock. Raymond James increased their price objective on shares of Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Finally, Piper Sandler lifted their target price on Kemper from $56.00 to $66.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th.

Kemper Trading Down 3.3 %

Shares of Kemper stock opened at $61.92 on Monday. Kemper has a 1-year low of $38.32 and a 1-year high of $64.69. The company’s fifty day simple moving average is $58.90 and its 200-day simple moving average is $50.05. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The stock has a market capitalization of $3.98 billion, a PE ratio of -14.57 and a beta of 0.90.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. As a group, equities analysts anticipate that Kemper will post 4.14 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a $0.31 dividend. The ex-dividend date was Friday, February 16th. This represents a $1.24 dividend on an annualized basis and a yield of 2.00%. Kemper’s dividend payout ratio is presently -29.18%.

Hedge Funds Weigh In On Kemper

Several institutional investors and hedge funds have recently bought and sold shares of KMPR. JPMorgan Chase & Co. increased its holdings in shares of Kemper by 4.2% during the first quarter. JPMorgan Chase & Co. now owns 84,710 shares of the insurance provider’s stock valued at $4,789,000 after acquiring an additional 3,402 shares in the last quarter. American Century Companies Inc. grew its position in Kemper by 16.1% during the 1st quarter. American Century Companies Inc. now owns 8,516 shares of the insurance provider’s stock worth $481,000 after purchasing an additional 1,179 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Kemper by 20.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,377 shares of the insurance provider’s stock valued at $134,000 after purchasing an additional 410 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Kemper by 14.9% in the first quarter. Bank of Montreal Can now owns 8,617 shares of the insurance provider’s stock worth $489,000 after buying an additional 1,118 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its stake in shares of Kemper by 33.5% during the first quarter. MetLife Investment Management LLC now owns 38,718 shares of the insurance provider’s stock worth $2,189,000 after buying an additional 9,722 shares during the period. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.