Kemper Co. (NYSE:KMPR) Receives Average Recommendation of "Buy" from Brokerages

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have received a consensus rating of "Buy" from the five brokerages that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $81.60.

KMPR has been the subject of a number of analyst reports. TD Cowen raised their price objective on Kemper from $72.00 to $84.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Raymond James raised their price target on Kemper from $75.00 to $82.00 and gave the company a "strong-buy" rating in a report on Thursday, December 26th. StockNews.com upgraded shares of Kemper from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th. Finally, Piper Sandler raised their price objective on shares of Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th.

Kemper Stock Down 0.5 %

Shares of NYSE:KMPR traded down $0.36 during midday trading on Thursday, reaching $67.58. The company's stock had a trading volume of 326,889 shares, compared to its average volume of 336,464. Kemper has a 12-month low of $54.11 and a 12-month high of $73.01. The firm has a market capitalization of $4.33 billion, a P/E ratio of 13.76 and a beta of 0.88. The firm has a 50 day moving average of $66.17 and a 200-day moving average of $64.61. The company has a quick ratio of 0.22, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.40. Kemper had a net margin of 6.85% and a return on equity of 14.11%. On average, research analysts anticipate that Kemper will post 5.95 earnings per share for the current year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th will be given a $0.32 dividend. This is a positive change from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a yield of 1.89%. Kemper's payout ratio is 25.25%.

Institutional Trading of Kemper

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 289 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Kemper by 5,590.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider's stock worth $35,000 after purchasing an additional 559 shares during the period. EverSource Wealth Advisors LLC raised its stake in Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock valued at $40,000 after buying an additional 352 shares during the last quarter. Clean Yield Group bought a new position in shares of Kemper during the 4th quarter valued at $45,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Kemper in the 3rd quarter worth $46,000. Hedge funds and other institutional investors own 86.23% of the company's stock.

About Kemper

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.