Shares of Kemper Corporation (NYSE:KMPR) have been assigned an average rating of “Buy” from the eight analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $55.00.
Several brokerages recently issued reports on KMPR. TheStreet raised shares of Kemper Corporation from a “c” rating to a “b” rating in a report on Tuesday, August 1st. Zacks Investment Research lowered shares of Kemper Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, July 14th. BidaskClub lowered shares of Kemper Corporation from a “hold” rating to a “sell” rating in a report on Sunday, July 30th. Raymond James Financial, Inc. raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 target price on the stock in a report on Thursday, August 3rd. Finally, UBS AG raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a report on Thursday, August 3rd.
A number of institutional investors have recently bought and sold shares of the stock. Comerica Bank raised its position in shares of Kemper Corporation by 5.2% in the fourth quarter. Comerica Bank now owns 35,401 shares of the insurance provider’s stock worth $1,574,000 after buying an additional 1,753 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of Kemper Corporation during the fourth quarter worth $297,000. Guggenheim Capital LLC raised its position in shares of Kemper Corporation by 71.7% in the fourth quarter. Guggenheim Capital LLC now owns 83,622 shares of the insurance provider’s stock worth $3,705,000 after buying an additional 34,927 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Kemper Corporation by 11.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 8,410 shares of the insurance provider’s stock worth $373,000 after buying an additional 870 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Kemper Corporation during the fourth quarter worth $24,411,000. Institutional investors own 55.13% of the company’s stock.
Kemper Corporation (KMPR) traded down 1.16% during trading on Tuesday, reaching $47.75. The company had a trading volume of 16,874 shares. The firm has a market capitalization of $2.45 billion, a P/E ratio of 48.14 and a beta of 1.11. The company has a 50-day moving average of $40.01 and a 200-day moving average of $40.55. Kemper Corporation has a 52-week low of $35.30 and a 52-week high of $48.65.
Kemper Corporation (NYSE:KMPR) last issued its earnings results on Tuesday, August 1st. The insurance provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.18 by $0.23. The company had revenue of $684.40 million during the quarter, compared to analysts’ expectations of $641.20 million. Kemper Corporation had a net margin of 1.95% and a return on equity of 1.26%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.08 EPS. Analysts expect that Kemper Corporation will post $1.66 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 14th will be issued a dividend of $0.24 per share. The ex-dividend date is Thursday, August 10th. This represents a $0.96 annualized dividend and a yield of 1.98%. Kemper Corporation’s payout ratio is 97.96%.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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