Analysts Expect Kemper Corp (KMPR) Will Announce Earnings of $1.03 Per Share

Equities research analysts expect Kemper Corp (NYSE:KMPR) to post earnings of $1.03 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Kemper’s earnings, with the highest EPS estimate coming in at $1.40 and the lowest estimate coming in at $0.69. Kemper reported earnings per share of $0.45 in the same quarter last year, which suggests a positive year over year growth rate of 128.9%. The company is scheduled to report its next earnings results on Tuesday, February 12th.

According to Zacks, analysts expect that Kemper will report full-year earnings of $4.33 per share for the current fiscal year, with EPS estimates ranging from $4.15 to $4.50. For the next year, analysts anticipate that the company will report earnings of $5.45 per share, with EPS estimates ranging from $5.30 to $5.75. Zacks’ EPS averages are an average based on a survey of research analysts that follow Kemper.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Monday, November 5th. The insurance provider reported $1.59 EPS for the quarter, beating the Zacks’ consensus estimate of $1.20 by $0.39. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a return on equity of 9.56% and a net margin of 6.63%. Kemper’s revenue for the quarter was up 73.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.85 earnings per share.

A number of research firms recently commented on KMPR. Zacks Investment Research downgraded 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 research note on Friday, August 3rd. Keefe, Bruyette & Woods began coverage on Kemper in a research note on Thursday, November 1st. They issued a “market perform” rating and a $80.00 price target for the company. Finally, Sandler O’Neill raised Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $84.00.

In other Kemper news, Director George N. Cochran bought 500 shares of the stock in a transaction on Wednesday, September 12th. The stock was purchased at an average price of $83.55 per share, with a total value of $41,775.00. Following the completion of the purchase, the director now owns 9,428 shares in the company, valued at $787,709.40. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.92% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. First Hawaiian Bank acquired a new position in Kemper during the third quarter worth about $105,000. FMR LLC acquired a new position in shares of Kemper in the third quarter valued at approximately $143,000. James Investment Research Inc. acquired a new position in shares of Kemper in the second quarter valued at approximately $153,000. BlueMountain Capital Management LLC acquired a new position in shares of Kemper in the third quarter valued at approximately $175,000. Finally, Synovus Financial Corp increased its stake in shares of Kemper by 80.7% in the third quarter. Synovus Financial Corp now owns 2,241 shares of the insurance provider’s stock valued at $180,000 after buying an additional 1,001 shares during the period. 60.23% of the stock is owned by hedge funds and other institutional investors.

KMPR stock traded down $0.16 during midday trading on Friday, reaching $73.38. The company had a trading volume of 65,600 shares, compared to its average volume of 315,120. The company has a market cap of $4.76 billion, a PE ratio of 44.74 and a beta of 1.11. Kemper has a 1-year low of $50.85 and a 1-year high of $87.00. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.37.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 4th. Shareholders of record on Monday, November 19th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.31%. The ex-dividend date is Friday, November 16th. Kemper’s payout ratio is 58.54%.

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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