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

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have received an average rating of "Buy" from the five research firms that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $76.20.

A number of research firms recently weighed in on KMPR. StockNews.com upgraded Kemper from a "hold" rating to a "buy" rating in a research report on Monday. Piper Sandler boosted their target price on Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Raymond James boosted their target price on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research report on Thursday, August 8th. UBS Group boosted their price objective on Kemper from $67.00 to $71.00 and gave the company a "buy" rating in a research report on Tuesday, August 13th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th.

Hedge Funds Weigh In On Kemper

Several hedge funds have recently made changes to their positions in the business. Lord Abbett & CO. LLC grew its stake in Kemper by 3.0% in the first quarter. Lord Abbett & CO. LLC now owns 791,145 shares of the insurance provider's stock worth $48,988,000 after purchasing an additional 23,285 shares during the period. Russell Investments Group Ltd. grew its stake in Kemper by 30.3% in the first quarter. Russell Investments Group Ltd. now owns 476,049 shares of the insurance provider's stock worth $29,478,000 after purchasing an additional 110,752 shares during the period. Vaughan Nelson Investment Management L.P. grew its stake in Kemper by 65.2% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider's stock worth $37,012,000 after purchasing an additional 246,184 shares during the period. Janus Henderson Group PLC grew its stake in Kemper by 12.7% in the first quarter. Janus Henderson Group PLC now owns 515,487 shares of the insurance provider's stock worth $31,919,000 after purchasing an additional 57,979 shares during the period. Finally, Teachers Retirement System of The State of Kentucky grew its stake in 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 purchasing an additional 18,290 shares during the period. 86.23% of the stock is owned by hedge funds and other institutional investors.

Kemper Price Performance

Shares of KMPR traded up $0.91 during trading hours on Tuesday, reaching $63.53. 300,165 shares of the company's stock traded hands, compared to its average volume of 375,347. The stock has a market cap of $4.07 billion, a PE ratio of 15.05 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. The firm's 50 day simple moving average is $61.64 and its 200-day simple moving average is $60.72. Kemper has a 12 month low of $38.52 and a 12 month high of $67.60.

Kemper (NYSE:KMPR - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.28. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The company's revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.44) EPS. Equities analysts expect that Kemper will post 5.06 EPS for the current year.

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.