Brokerages Set Kemper Co. (NYSE:KMPR) Target Price at $70.40

Shares of Kemper Co. (NYSE:KMPR) have received a consensus recommendation of “Buy” from the five research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $70.40.

Several equities research analysts have commented on KMPR shares. JMP Securities restated a “market outperform” rating and set a $75.00 target price on shares of Kemper in a research report on Monday, April 15th. Raymond James boosted their price objective on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. TD Cowen initiated coverage on shares of Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price objective on the stock. UBS Group boosted their price objective on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, Piper Sandler boosted their price objective on shares of Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in Kemper by 211.1% in the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 361 shares during the last quarter. CWM LLC raised its stake in Kemper by 257.8% in the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in Kemper in the 3rd quarter valued at about $31,000. Exchange Traded Concepts LLC acquired a new position in Kemper in the 3rd quarter valued at about $32,000. Finally, Quest Partners LLC acquired a new position in Kemper in the 4th quarter valued at about $66,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Price Performance

Shares of NYSE KMPR opened at $58.69 on Friday. The firm has a market capitalization of $3.77 billion, a P/E ratio of -13.81 and a beta of 0.91. Kemper has a one year low of $38.32 and a one year high of $64.69. The company’s fifty day moving average is $58.55 and its two-hundred day moving average is $51.82. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.20 and a current ratio of 0.20.

Kemper (NYSE:KMPR) last issued its earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. Analysts forecast that Kemper will post 4.17 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s payout ratio is -29.18%.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.