Kemper Corp (KMPR) Receives Average Rating of “Strong Buy” from Analysts

Shares of Kemper Corp (NYSE:KMPR) have received an average rating of “Strong Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating, one has issued a buy rating and four have given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $67.50.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Kemper from a “hold” rating to a “strong-buy” rating and set a $79.00 price target for the company in a research note on Wednesday, December 13th. William Blair raised shares of Kemper from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 15th.

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Shares of KMPR traded up $0.55 during trading hours on Friday, hitting $57.00. The company had a trading volume of 324,026 shares, compared to its average volume of 311,091. The company has a market cap of $2,933.39, a P/E ratio of 34.97 and a beta of 1.10. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.28. Kemper has a 52-week low of $36.35 and a 52-week high of $71.52.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Tuesday, February 13th. The insurance provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.22. Kemper had a return on equity of 4.14% and a net margin of 4.44%. The company had revenue of $697.30 million for the quarter, compared to the consensus estimate of $722.15 million. equities research analysts forecast that Kemper will post 3.72 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 6th. Shareholders of record on Tuesday, February 20th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $0.96 annualized dividend and a yield of 1.68%. Kemper’s dividend payout ratio (DPR) is 58.54%.

Institutional investors and hedge funds have recently made changes to their positions in the business. American Century Companies Inc. purchased a new stake in shares of Kemper during the third quarter worth about $562,000. Principal Financial Group Inc. grew its position in shares of Kemper by 3.0% during the third quarter. Principal Financial Group Inc. now owns 205,102 shares of the insurance provider’s stock worth $10,871,000 after acquiring an additional 5,916 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Kemper by 8.8% during the third quarter. Ameriprise Financial Inc. now owns 157,539 shares of the insurance provider’s stock worth $8,350,000 after acquiring an additional 12,717 shares during the last quarter. Macquarie Group Ltd. lifted its holdings in Kemper by 19.6% in the third quarter. Macquarie Group Ltd. now owns 58,500 shares of the insurance provider’s stock worth $3,100,000 after purchasing an additional 9,600 shares during the period. Finally, American International Group Inc. lifted its holdings in Kemper by 2.5% in the third quarter. American International Group Inc. now owns 126,304 shares of the insurance provider’s stock worth $6,694,000 after purchasing an additional 3,122 shares during the period. Institutional investors own 58.51% of the company’s stock.

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Kemper 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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