Kemper Corporation (NYSE:KMPR) Receives $51.75 Consensus Target Price from Analysts

Shares of Kemper Corporation (NYSE:KMPR) have earned a consensus recommendation of “Reduce” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $51.75.

KMPR has been the subject of several research reports. Weiss Ratings downgraded Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 17th. UBS Group lowered their price objective on shares of Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Wall Street Zen cut shares of Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Zacks Research downgraded shares of Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Finally, Piper Sandler cut their target price on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research note on Thursday, May 7th.

Institutional Investors Weigh In On Kemper

Large investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its stake in Kemper by 1,098.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after buying an additional 538 shares during the period. Huntington National Bank increased its stake in Kemper by 187.1% during the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after buying an additional 421 shares during the period. Jones Financial Companies Lllp increased its stake in Kemper by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after buying an additional 278 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in Kemper during the 3rd quarter worth approximately $36,000. Finally, Danske Bank A S purchased a new stake in Kemper during the 3rd quarter worth approximately $36,000. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Stock Down 0.0%

NYSE:KMPR opened at $24.37 on Wednesday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.36. The stock’s fifty day moving average is $29.97 and its two-hundred day moving average is $34.14. Kemper has a 52 week low of $22.69 and a 52 week high of $65.32. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 39.30 and a beta of 1.06.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.17 billion. Kemper had a net margin of 0.89% and a return on equity of 4.80%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 earnings per share. Research analysts anticipate that Kemper will post 2.3 EPS for the current year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, May 18th. Kemper’s dividend payout ratio is presently 206.45%.

About Kemper

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.