Kemper (NYSE:KMPR) Rating Reiterated by JMP Securities

Kemper (NYSE:KMPR)‘s stock had its “market outperform” rating restated by equities research analysts at JMP Securities in a report issued on Tuesday, Benzinga reports. They currently have a $85.00 price target on the insurance provider’s stock. JMP Securities’ price target points to a potential upside of 35.01% from the stock’s current price.

KMPR has been the topic of several other research reports. UBS Group increased their price objective on Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a research note on Sunday, September 8th. Piper Sandler lifted their price objective on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. Finally, Raymond James lifted their target price on Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 8th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Kemper currently has a consensus rating of “Buy” and a consensus target price of $76.20.

Kemper Trading Up 2.7 %

NYSE:KMPR opened at $62.96 on Tuesday. Kemper has a twelve month low of $38.52 and a twelve month high of $65.93. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.52. The business has a 50 day moving average price of $61.15 and a two-hundred day moving average price of $60.15. The company has a market cap of $4.05 billion, a P/E ratio of 80.72 and a beta of 0.85.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC lifted its position in shares of Kemper by 257.8% during the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after buying an additional 348 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 289 shares during the last quarter. LRI Investments LLC bought a new position in shares of Kemper during the 1st quarter valued at about $36,000. Quarry LP boosted its holdings in Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 329 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Kemper by 89.0% during the 2nd quarter. Blue Trust Inc. now owns 1,215 shares of the insurance provider’s stock valued at $75,000 after acquiring an additional 572 shares during the period. Hedge funds and other institutional investors 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.