Kemper Co. (NYSE:KMPR) Receives Average Recommendation of “Buy” from Brokerages

Kemper Co. (NYSE:KMPRGet Free Report) has been given a consensus rating of “Buy” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $70.67.

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

Get Our Latest Stock Report on KMPR

Kemper Stock Performance

Kemper stock opened at $58.23 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.20 and a current ratio of 0.20. Kemper has a fifty-two week low of $38.32 and a fifty-two week high of $63.61. The firm’s fifty day moving average price is $55.74 and its 200-day moving average price is $48.42. The stock has a market cap of $3.75 billion, a P/E ratio of -13.70 and a beta of 0.90.

Kemper (NYSE:KMPRGet Free Report) last announced its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.21 billion. On average, equities research analysts expect that Kemper will post 4.14 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.31 per share. The ex-dividend date is Friday, February 16th. This represents a $1.24 annualized dividend and a yield of 2.13%. Kemper’s payout ratio is -29.18%.

Hedge Funds Weigh In On Kemper

A number of institutional investors have recently bought and sold shares of KMPR. JPMorgan Chase & Co. boosted its holdings in Kemper by 4.2% in the first quarter. JPMorgan Chase & Co. now owns 84,710 shares of the insurance provider’s stock worth $4,789,000 after purchasing an additional 3,402 shares during the last quarter. American Century Companies Inc. raised its position in shares of Kemper by 16.1% during the 1st quarter. American Century Companies Inc. now owns 8,516 shares of the insurance provider’s stock valued at $481,000 after purchasing an additional 1,179 shares during the period. PNC Financial Services Group Inc. raised its position in shares of 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 during the period. Bank of Montreal Can raised its position in shares of Kemper by 14.9% during the 1st quarter. Bank of Montreal Can now owns 8,617 shares of the insurance provider’s stock valued at $489,000 after purchasing an additional 1,118 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of Kemper by 33.5% during the 1st quarter. MetLife Investment Management LLC now owns 38,718 shares of the insurance provider’s stock valued at $2,189,000 after purchasing an additional 9,722 shares during the period. 78.93% of the stock is owned by institutional investors.

About Kemper

(Get Free Report

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.

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Analyst Recommendations for Kemper (NYSE:KMPR)

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