Kemper Co. (NYSE:KMPR) Receives Average Rating of "Buy" from Analysts

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have earned a consensus rating of "Buy" from the five research firms that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $79.00.

Several equities analysts recently issued reports on the stock. Raymond James lifted their price objective on shares of Kemper from $70.00 to $75.00 and gave the company a "strong-buy" rating in a report on Thursday, August 8th. TD Cowen upped their price objective on Kemper from $72.00 to $84.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Piper Sandler lifted their target price on Kemper from $77.00 to $80.00 and gave the company an "overweight" rating in a research note on Tuesday, August 6th. JMP Securities reissued a "market outperform" rating and set a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. Finally, StockNews.com raised shares of Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th.

Institutional Investors Weigh In On Kemper

A number of large investors have recently made changes to their positions in the stock. LRI Investments LLC purchased a new position in Kemper during the 1st quarter worth approximately $36,000. Teachers Retirement System of The State of Kentucky boosted its stake in shares of Kemper by 84.6% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider's stock worth $2,472,000 after buying an additional 18,290 shares during the last quarter. Boston Partners grew its holdings in Kemper by 161.0% during the first quarter. Boston Partners now owns 263,432 shares of the insurance provider's stock worth $16,297,000 after acquiring an additional 162,508 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Kemper during the 2nd quarter worth approximately $955,000. Finally, CWM LLC increased its holdings in shares of Kemper by 629.4% during the 2nd quarter. CWM LLC now owns 3,523 shares of the insurance provider's stock valued at $209,000 after purchasing an additional 3,040 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Stock Up 0.8 %

Shares of KMPR traded up $0.56 during midday trading on Friday, reaching $71.49. 177,761 shares of the stock were exchanged, compared to its average volume of 375,139. The company has a market capitalization of $4.58 billion, a P/E ratio of 17.02 and a beta of 0.85. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper has a 52 week low of $43.18 and a 52 week high of $73.01. The company's 50 day moving average is $64.89 and its two-hundred day moving average is $62.08.

Kemper (NYSE:KMPR - Get Free Report) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the prior year, the business earned ($0.44) EPS. The firm's quarterly revenue was down 1.7% on a year-over-year basis. On average, sell-side analysts anticipate that Kemper will post 5.36 earnings per share for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Monday, November 18th. Kemper's payout ratio is currently 29.52%.

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.