Kemper Co. (NYSE:KMPR) Given Consensus Rating of “Buy” by Brokerages

Shares of Kemper Co. (NYSE:KMPR) have been given an average recommendation of “Buy” by the five analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $70.40.

KMPR has been the subject of several analyst reports. UBS Group upped their target price on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Raymond James upped their target price on Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. TD Cowen initiated coverage on Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price for the company. JMP Securities reaffirmed a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a research report on Monday, April 15th. Finally, Piper Sandler increased their price target on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st.

Kemper Stock Performance

Shares of NYSE:KMPR opened at $58.44 on Friday. The firm has a market capitalization of $3.76 billion, a PE ratio of -13.75 and a beta of 0.91. 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 business has a 50-day moving average of $58.49 and a two-hundred day moving average of $51.71. Kemper has a 12 month low of $38.32 and a 12 month high of $64.69.

Kemper (NYSE:KMPR) last issued its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion. As a group, research analysts forecast that Kemper will post 4.17 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.12%. The ex-dividend date was Friday, February 16th. Kemper’s dividend payout ratio is currently -29.18%.

Institutional Trading of Kemper

Several large investors have recently added to or reduced their stakes in KMPR. Wellington Management Group LLP boosted its stake in Kemper by 3.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock valued at $173,408,000 after purchasing an additional 150,584 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in Kemper during the 4th quarter valued at $641,000. Victory Capital Management Inc. boosted its stake in Kemper by 3.4% during the 3rd quarter. Victory Capital Management Inc. now owns 971,132 shares of the insurance provider’s stock valued at $40,817,000 after purchasing an additional 31,480 shares in the last quarter. Chartwell Investment Partners LLC boosted its stake in Kemper by 53.7% during the 3rd quarter. Chartwell Investment Partners LLC now owns 302,179 shares of the insurance provider’s stock valued at $12,700,000 after purchasing an additional 105,624 shares in the last quarter. Finally, New South Capital Management Inc. boosted its stake in Kemper by 20.4% during the 3rd quarter. New South Capital Management Inc. now owns 934,506 shares of the insurance provider’s stock valued at $39,277,000 after purchasing an additional 158,188 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors and hedge funds.

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.