William Blair Brokers Lower Earnings Estimates for Kemper Corp (KMPR)

Kemper Corp (NYSE:KMPR) – William Blair lowered their Q4 2019 earnings estimates for shares of Kemper in a research note issued on Wednesday, April 17th. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings of $1.54 per share for the quarter, down from their prior forecast of $1.62.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Monday, February 11th. The insurance provider reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.14. Kemper had a return on equity of 10.11% and a net margin of 5.10%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $0.60 EPS. The business’s revenue was up 67.8% compared to the same quarter last year.

A number of other brokerages also recently weighed in on KMPR. Zacks Investment Research downgraded Kemper from a “buy” rating to a “hold” rating in a report on Wednesday, February 6th. ValuEngine upgraded Kemper from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Finally, JMP Securities upgraded Kemper from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $82.33.

Shares of Kemper stock opened at $85.58 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.21 and a quick ratio of 0.21. Kemper has a 1-year low of $57.55 and a 1-year high of $87.00. The stock has a market cap of $5.51 billion, a price-to-earnings ratio of 19.58 and a beta of 1.15.

Several institutional investors and hedge funds have recently modified their holdings of the company. Oakbrook Investments LLC grew its stake in shares of Kemper by 13.5% in the 1st quarter. Oakbrook Investments LLC now owns 4,200 shares of the insurance provider’s stock valued at $320,000 after buying an additional 500 shares during the period. Geode Capital Management LLC grew its stake in shares of Kemper by 8.8% in the 4th quarter. Geode Capital Management LLC now owns 680,471 shares of the insurance provider’s stock valued at $45,169,000 after buying an additional 55,015 shares during the period. Norges Bank acquired a new stake in shares of Kemper in the 4th quarter valued at about $53,014,000. Amalgamated Bank grew its stake in shares of Kemper by 48.2% in the 4th quarter. Amalgamated Bank now owns 8,032 shares of the insurance provider’s stock valued at $533,000 after buying an additional 2,612 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Kemper by 6.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 141,432 shares of the insurance provider’s stock valued at $9,388,000 after buying an additional 8,518 shares during the period. Institutional investors own 68.42% 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. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.

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Earnings History and Estimates for Kemper (NYSE:KMPR)

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