Analysts Set Kemper Corporation (NYSE:KMPR) PT at $56.50

Shares of Kemper Corporation (NYSE:KMPR) have been assigned an average rating of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $56.50.

Several brokerages recently issued reports on KMPR. Weiss Ratings downgraded Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Wall Street Zen downgraded shares of Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Citigroup lowered shares of Kemper to a “market perform” rating in a research note on Thursday, February 5th. Citizens Jmp downgraded shares of Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Finally, Zacks Research lowered shares of Kemper from a “hold” rating to a “strong sell” rating in a research report on Monday, February 23rd.

Kemper Price Performance

KMPR stock opened at $30.92 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.18 and a current ratio of 0.18. The business has a 50-day simple moving average of $33.78 and a two-hundred day simple moving average of $40.56. The company has a market capitalization of $1.82 billion, a P/E ratio of 14.12 and a beta of 1.16. Kemper has a 52-week low of $28.41 and a 52-week high of $69.25.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.60). Kemper had a return on equity of 8.02% and a net margin of 2.99%.The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the company earned $1.78 earnings per share. The business’s revenue for the quarter was down 4.7% compared to the same quarter last year. Research analysts expect that Kemper will post 6.03 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a $0.32 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $1.28 annualized dividend and a yield of 4.1%. Kemper’s dividend payout ratio (DPR) is 58.45%.

Hedge Funds Weigh In On Kemper

A number of hedge funds and other institutional investors have recently modified their holdings of KMPR. Huntington National Bank grew its holdings in shares of Kemper by 187.1% in the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 421 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Kemper by 1,098.0% during the third quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 538 shares during the last quarter. Signaturefd LLC bought a new stake in Kemper during the fourth quarter worth $32,000. Jones Financial Companies Lllp lifted its holdings in Kemper by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after acquiring an additional 278 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new position in Kemper in the third quarter worth $36,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.