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

Shares of Kemper Co. (NYSE:KMPR) have received a consensus recommendation of “Buy” from the five analysts that are presently covering the company, Marketbeat 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 12 month price target among brokers that have covered the stock in the last year is $70.40.

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

Hedge Funds Weigh In On Kemper

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Kemper by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 6,282,296 shares of the insurance provider’s stock valued at $259,207,000 after purchasing an additional 104,065 shares in the last quarter. BlackRock Inc. increased its stake in shares of Kemper by 3.6% in the 3rd quarter. BlackRock Inc. now owns 5,276,299 shares of the insurance provider’s stock valued at $217,701,000 after purchasing an additional 182,998 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Kemper by 1.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,866,802 shares of the insurance provider’s stock valued at $239,447,000 after purchasing an additional 70,000 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in shares of Kemper by 24.8% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider’s stock valued at $180,140,000 after purchasing an additional 852,100 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Kemper by 3.8% in 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. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Stock Performance

Shares of KMPR opened at $57.01 on Friday. Kemper has a 12 month low of $38.32 and a 12 month high of $64.69. The stock has a fifty day moving average price of $58.46 and a 200-day moving average price of $51.21. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.55. The firm has a market cap of $3.67 billion, a PE ratio of -13.41 and a beta of 0.91.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates 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 analysts’ expectations of $1.21 billion. Equities research analysts predict that Kemper will post 4.17 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were paid a $0.31 dividend. The ex-dividend date was Friday, February 16th. This represents a $1.24 annualized dividend and a dividend yield of 2.18%. Kemper’s dividend payout ratio is presently -29.18%.

About Kemper

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.