Kemper Co. (NYSE:KMPR) Receives $79.00 Average Price Target from Brokerages

Kemper Co. (NYSE:KMPR) has been assigned a consensus rating of “Buy” from the five research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $79.00.

A number of research analysts have recently commented on the stock. StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. TD Cowen upped their target price on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Raymond James upped their target price on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research note on Thursday, August 8th. JMP Securities reissued a “market outperform” rating and issued a $85.00 target price on shares of Kemper in a research note on Tuesday, October 15th. Finally, Piper Sandler upped their target price on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th.

Kemper Trading Down 0.7 %

Shares of NYSE:KMPR opened at $71.00 on Friday. The stock has a market capitalization of $4.55 billion, a PE ratio of 16.81 and a beta of 0.85. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper has a 1 year low of $44.48 and a 1 year high of $73.01. The firm has a fifty day moving average price of $64.89 and a 200 day moving average price of $62.10.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.44) earnings per share. Analysts expect that Kemper will post 5.36 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.24 annualized dividend and a yield of 1.75%. Kemper’s dividend payout ratio is 29.52%.

Institutional Trading of Kemper

Large investors have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. grew its stake in Kemper by 65.2% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock worth $37,012,000 after buying an additional 246,184 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in Kemper by 84.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider’s stock worth $2,472,000 after buying an additional 18,290 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its stake in Kemper by 244.2% during the third quarter. Dynamic Technology Lab Private Ltd now owns 18,853 shares of the insurance provider’s stock worth $1,155,000 after buying an additional 13,376 shares during the last quarter. Boston Partners grew its stake in Kemper by 161.0% during the first quarter. Boston Partners now owns 263,432 shares of the insurance provider’s stock worth $16,297,000 after buying an additional 162,508 shares during the last quarter. Finally, Westfield Capital Management Co. LP grew its stake in Kemper by 81.1% during the third quarter. Westfield Capital Management Co. LP now owns 838,085 shares of the insurance provider’s stock worth $51,333,000 after buying an additional 375,324 shares during the last quarter. 86.23% of the stock is owned by 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.