Analysts Set Kemper Co. (NYSE:KMPR) Target Price at $76.20

Shares of Kemper Co. (NYSE:KMPR) have been given an average rating of “Buy” by the five analysts that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $76.20.

KMPR has been the topic of several recent analyst reports. JMP Securities upped their price objective on shares of Kemper from $80.00 to $85.00 and gave the stock a “market outperform” rating in a report on Tuesday, August 6th. UBS Group upped their target price on shares of Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. Raymond James upped their target price on shares of Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a research note on Thursday, August 8th. StockNews.com lowered shares of Kemper from a “buy” rating to a “hold” rating in a research note on Sunday, September 8th. Finally, Piper Sandler lifted their price objective on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th.

Kemper Stock Up 0.6 %

Shares of NYSE KMPR opened at $60.82 on Friday. Kemper has a 12-month low of $38.52 and a 12-month high of $65.93. The stock has a market cap of $3.92 billion, a PE ratio of 77.98 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 0.52. The company has a 50-day moving average of $61.02 and a 200 day moving average of $60.14.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Monday, August 5th. The insurance provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.19 by $0.23. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the business posted ($0.26) EPS. The business’s revenue for the quarter was down 10.5% compared to the same quarter last year. As a group, sell-side analysts predict that Kemper will post 5.17 EPS for the current fiscal year.

Kemper Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.31 per share. The ex-dividend date was Monday, August 19th. This represents a $1.24 annualized dividend and a yield of 2.04%. Kemper’s payout ratio is currently 158.98%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Kemper by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock valued at $301,935,000 after purchasing an additional 28,095 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in shares of Kemper by 157.3% in the fourth quarter. Quadrature Capital Ltd now owns 13,301 shares of the insurance provider’s stock valued at $648,000 after purchasing an additional 8,131 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of Kemper in the first quarter valued at about $277,000. CWM LLC lifted its holdings in shares of Kemper by 257.8% in the first quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares in the last quarter. Finally, Cadent Capital Advisors LLC purchased a new stake in shares of Kemper in the first quarter valued at about $229,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

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.