Kemper Co. (NYSE:KMPR) Receives $80.40 Consensus Price Target from Brokerages

Kemper Co. (NYSE:KMPR) has received a consensus recommendation of “Buy” from the five research firms that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $80.40.

Several research analysts recently weighed in on the stock. JMP Securities restated a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. TD Cowen boosted their price objective on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Raymond James boosted their price objective on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 26th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th.

Hedge Funds Weigh In On Kemper

Several institutional investors and hedge funds have recently made changes to their positions in KMPR. American Century Companies Inc. grew its holdings in shares of Kemper by 6.6% in the 2nd quarter. American Century Companies Inc. now owns 13,065 shares of the insurance provider’s stock valued at $775,000 after buying an additional 806 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Kemper by 37.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 39,676 shares of the insurance provider’s stock valued at $2,354,000 after buying an additional 10,721 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Kemper by 2.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 307,967 shares of the insurance provider’s stock valued at $18,272,000 after buying an additional 6,561 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Kemper by 1.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,429,101 shares of the insurance provider’s stock valued at $144,115,000 after buying an additional 30,882 shares during the period. Finally, Inspire Investing LLC grew its holdings in shares of Kemper by 3.1% in the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider’s stock valued at $353,000 after buying an additional 177 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Stock Performance

NYSE:KMPR opened at $65.87 on Friday. 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 has a 50 day moving average of $67.61 and a 200-day moving average of $64.05. Kemper has a 1 year low of $54.11 and a 1 year high of $73.01. The stock has a market capitalization of $4.22 billion, a P/E ratio of 15.68 and a beta of 0.88.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share 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 firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the company posted ($0.44) EPS. Kemper’s revenue was down 1.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Kemper will post 5.36 EPS for the current fiscal year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, November 18th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Monday, November 18th. Kemper’s dividend payout ratio is presently 29.52%.

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.