Kemper (NYSE:KMPR) Hits New 1-Year Low - Should You Sell?

Kemper Co. (NYSE:KMPR - Get Free Report)'s share price reached a new 52-week low on Monday . The stock traded as low as $53.57 and last traded at $54.53, with a volume of 20659 shares changing hands. The stock had previously closed at $57.74.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on KMPR shares. Piper Sandler upped their target price on Kemper from $83.00 to $86.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Finally, Raymond James lifted their target price on Kemper from $75.00 to $82.00 and gave the stock a "strong-buy" rating in a report on Thursday, December 26th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $81.60.

Kemper Price Performance

The firm has a market cap of $3.64 billion, a P/E ratio of 11.57 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. The company's 50-day moving average is $65.34 and its two-hundred day moving average is $65.62.

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Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results 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%. Sell-side analysts anticipate that Kemper Co. will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date was Tuesday, February 18th. This is an increase from Kemper's previous quarterly dividend of $0.31. Kemper's dividend payout ratio (DPR) is currently 26.07%.

Hedge Funds Weigh In On Kemper

Institutional investors have recently modified their holdings of the business. Treasurer of the State of North Carolina raised its stake in Kemper by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 26,630 shares of the insurance provider's stock worth $1,769,000 after acquiring an additional 160 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Kemper by 0.9% during the 4th quarter. Arizona State Retirement System now owns 18,698 shares of the insurance provider's stock valued at $1,242,000 after purchasing an additional 161 shares during the last quarter. GAMMA Investing LLC increased its position in Kemper by 32.2% during the 4th quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider's stock worth $48,000 after purchasing an additional 174 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Kemper by 2.2% in the 4th quarter. Pacer Advisors Inc. now owns 8,985 shares of the insurance provider's stock valued at $597,000 after purchasing an additional 190 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in Kemper by 2.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,232 shares of the insurance provider's stock valued at $547,000 after buying an additional 206 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

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.