Kemper (KMPR) Set to Announce Quarterly Earnings on Wednesday

Kemper (NYSE:KMPR) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.09 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Kemper (NYSE:KMPR) last issued its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. On average, analysts expect Kemper to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Kemper Price Performance

NYSE:KMPR traded down $1.34 during trading hours on Tuesday, reaching $57.31. 76,986 shares of the company were exchanged, compared to its average volume of 442,404. The company has a market capitalization of $3.69 billion, a P/E ratio of -13.80 and a beta of 0.91. Kemper has a 1-year low of $38.32 and a 1-year high of $64.69. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The business has a 50 day moving average of $58.47 and a 200 day moving average of $52.18.

Kemper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s dividend payout ratio is currently -29.18%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on KMPR. UBS Group increased their price target on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. JMP Securities reaffirmed a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a report on Monday, April 15th. Raymond James raised their target price on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. TD Cowen assumed coverage on Kemper in a report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price on the stock. Finally, Piper Sandler raised their target price on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $70.40.

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.