Kemper Corp (KMPR) to Post Q4 2018 Earnings of $1.18 Per Share, Langen Mcalenn Forecasts

Kemper Corp (NYSE:KMPR) – Langen Mcalenn issued their Q4 2018 earnings per share estimates for Kemper in a research note issued on Monday, November 5th. Langen Mcalenn analyst R. Glasspiegel expects that the insurance provider will post earnings of $1.18 per share for the quarter.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Monday, November 5th. The insurance provider reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.39. Kemper had a return on equity of 9.56% and a net margin of 6.63%. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company earned $0.85 EPS. The firm’s quarterly revenue was up 73.2% on a year-over-year basis.

A number of other brokerages have also issued reports on KMPR. Zacks Investment Research lowered Kemper from a “buy” rating to a “hold” rating in a research note on Wednesday, October 10th. ValuEngine downgraded Kemper from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Keefe, Bruyette & Woods started coverage on Kemper in a report on Thursday, November 1st. They issued a “market perform” rating and a $80.00 price objective on the stock. Finally, Sandler O’Neill upgraded Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $84.00.

Shares of NYSE:KMPR opened at $77.41 on Thursday. The company has a current ratio of 0.27, a quick ratio of 0.24 and a debt-to-equity ratio of 0.37. Kemper has a 12-month low of $50.85 and a 12-month high of $87.00. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 47.20 and a beta of 1.11.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 4th. Stockholders of record on Monday, November 19th will be issued a $0.24 dividend. The ex-dividend date is Friday, November 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.24%. Kemper’s dividend payout ratio (DPR) is 58.54%.

In related news, VP Carl Thomas Jr. Evans sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $78.70, for a total transaction of $157,400.00. Following the sale, the vice president now directly owns 965 shares in the company, valued at approximately $75,945.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director George N. Cochran bought 500 shares of the company’s stock in a transaction that occurred on Wednesday, September 12th. The shares were bought at an average price of $83.55 per share, for a total transaction of $41,775.00. Following the completion of the acquisition, the director now owns 9,428 shares in the company, valued at approximately $787,709.40. The disclosure for this purchase can be found here. Company insiders own 0.92% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Crossmark Global Holdings Inc. raised its holdings in shares of Kemper by 12.1% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,975 shares of the insurance provider’s stock valued at $642,000 after buying an additional 863 shares during the period. AXA purchased a new stake in shares of Kemper during the 3rd quarter valued at about $17,377,000. Alliancebernstein L.P. raised its holdings in shares of Kemper by 30.4% during the 3rd quarter. Alliancebernstein L.P. now owns 83,883 shares of the insurance provider’s stock valued at $6,748,000 after buying an additional 19,578 shares during the period. Keybank National Association OH purchased a new stake in shares of Kemper during the 3rd quarter valued at about $308,000. Finally, Teachers Retirement System of The State of Kentucky raised its holdings in shares of Kemper by 28.4% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,995 shares of the insurance provider’s stock valued at $1,045,000 after buying an additional 2,873 shares during the period. Institutional investors and hedge funds own 50.57% of the company’s stock.

About Kemper

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.

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Earnings History and Estimates for Kemper (NYSE:KMPR)

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