Kemper Co. (NYSE:KMPR) Receives $70.67 Average Price Target from Analysts

Kemper Co. (NYSE:KMPRGet Free Report) has been given an average rating of “Buy” by the six analysts that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $70.67.

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

View Our Latest Analysis on KMPR

Hedge Funds Weigh In On Kemper

Several institutional investors have recently made changes to their positions in the stock. Sanibel Captiva Trust Company Inc. acquired a new position in Kemper during the 4th quarter valued at about $613,000. DRW Securities LLC purchased a new stake in shares of Kemper during the 4th quarter worth approximately $489,000. Public Employees Retirement System of Ohio lifted its position in shares of Kemper by 12.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 158,255 shares of the insurance provider’s stock valued at $7,702,000 after buying an additional 17,689 shares during the last quarter. Legal & General Group Plc raised its position in shares of Kemper by 2.4% in the fourth quarter. Legal & General Group Plc now owns 94,869 shares of the insurance provider’s stock valued at $4,617,000 after purchasing an additional 2,202 shares during the period. Finally, Barclays PLC raised its holdings in Kemper by 84.3% during the 4th quarter. Barclays PLC now owns 59,272 shares of the insurance provider’s stock valued at $2,885,000 after acquiring an additional 27,103 shares during the period. Institutional investors and hedge funds own 78.93% of the company’s stock.

Kemper Trading Up 0.4 %

Shares of NYSE:KMPR opened at $57.57 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 52-week low of $38.32 and a 52-week high of $63.61. The company has a 50-day simple moving average of $55.53 and a 200 day simple moving average of $48.34. The company has a market capitalization of $3.70 billion, a P/E ratio of -13.55 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 EPS for the quarter, hitting 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 business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion. Sell-side analysts forecast that Kemper will post 4.14 earnings per share for the current year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.24 annualized dividend and a dividend yield of 2.15%. Kemper’s payout ratio is -29.18%.

Kemper Company Profile

(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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