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

Kemper Co. (NYSE:KMPR - Get Free Report) has been given a consensus recommendation of "Buy" by the five research firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $81.60.

Several equities analysts have issued reports on the company. Piper Sandler boosted their target price on Kemper from $83.00 to $86.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Raymond James upped their price objective on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a report on Thursday, December 26th. Finally, StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in KMPR. EverSource Wealth Advisors LLC raised its position in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider's stock worth $40,000 after acquiring an additional 352 shares during the last quarter. Clean Yield Group acquired a new position in shares of Kemper during the 4th quarter worth approximately $45,000. GAMMA Investing LLC lifted its stake in Kemper by 32.2% in the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock valued at $48,000 after buying an additional 174 shares in the last quarter. True Wealth Design LLC grew its holdings in Kemper by 197.5% during the 4th quarter. True Wealth Design LLC now owns 717 shares of the insurance provider's stock valued at $48,000 after buying an additional 476 shares during the last quarter. Finally, Parkside Financial Bank & Trust purchased a new position in Kemper during the fourth quarter worth $63,000. Institutional investors and hedge funds own 86.23% of the company's stock.

Remove Ads

Kemper Stock Performance

Shares of Kemper stock traded down $6.93 during trading hours on Friday, hitting $57.77. 1,053,420 shares of the company were exchanged, compared to its average volume of 355,048. The business has a 50-day moving average of $66.62 and a 200-day moving average of $65.80. Kemper has a 1 year low of $54.11 and a 1 year high of $73.01. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 11.77 and a beta of 0.88.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 EPS 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%. As a group, analysts expect that Kemper will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.22%. This is an increase from Kemper's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, February 18th. Kemper's payout ratio is presently 26.07%.

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.