Brokerages Set Kemper Corporation (KMPR) Price Target at $55.00
Kemper Corporation (NYSE:KMPR) has received a consensus recommendation of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $55.00.
A number of brokerages have weighed in on KMPR. Zacks Investment Research raised shares of Kemper Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. BidaskClub raised shares of Kemper Corporation from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 5th. Raymond James Financial, Inc. raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 price target for the company in a report on Thursday, August 3rd. UBS Group AG raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a report on Thursday, August 3rd. Finally, TheStreet raised shares of Kemper Corporation from a “c” rating to a “b” rating in a report on Tuesday, August 1st.
A number of hedge funds and other institutional investors have recently bought and sold shares of KMPR. Fiduciary Trust Co. acquired a new stake in Kemper Corporation during the 2nd quarter worth about $122,000. LS Investment Advisors LLC raised its holdings in Kemper Corporation by 18.1% during the 2nd quarter. LS Investment Advisors LLC now owns 3,779 shares of the insurance provider’s stock worth $146,000 after buying an additional 580 shares during the period. Riverhead Capital Management LLC raised its holdings in Kemper Corporation by 78.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after buying an additional 2,128 shares during the period. Flinton Capital Management LLC raised its holdings in Kemper Corporation by 75.3% during the 2nd quarter. Flinton Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after buying an additional 2,074 shares during the period. Finally, Invictus RG acquired a new stake in Kemper Corporation during the 3rd quarter worth about $207,000. Hedge funds and other institutional investors own 56.60% of the company’s stock.
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Shares of Kemper Corporation (NYSE KMPR) traded down $0.30 during midday trading on Monday, reaching $68.60. 137,900 shares of the company’s stock were exchanged, compared to its average volume of 169,531. Kemper Corporation has a 52 week low of $36.35 and a 52 week high of $69.82. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.28. The firm has a market cap of $3,545.00, a P/E ratio of 39.60 and a beta of 1.18.
Kemper Corporation (NYSE:KMPR) last issued its quarterly earnings results on Monday, October 30th. The insurance provider reported $0.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.57. Kemper Corporation had a net margin of 4.32% and a return on equity of 4.47%. The company had revenue of $690.30 million during the quarter, compared to the consensus estimate of $680.90 million. During the same period in the prior year, the company earned ($0.40) EPS. Kemper Corporation’s revenue was up 7.7% on a year-over-year basis. sell-side analysts anticipate that Kemper Corporation will post 1.57 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Monday, November 13th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.96 annualized dividend and a yield of 1.40%. Kemper Corporation’s payout ratio is presently 43.24%.
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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