Analysts Set Kemper Co. (NYSE:KMPR) Target Price at $81.60

Shares of Kemper Co. (NYSE:KMPR) have been given an average rating of “Buy” by the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $81.60.

A number of research firms have recently commented on KMPR. Raymond James increased their price target on shares of Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a report on Thursday, December 26th. StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Piper Sandler upped their price target on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Kemper by 3.9% in the 3rd quarter. State Street Corp now owns 2,136,621 shares of the insurance provider’s stock worth $130,868,000 after purchasing an additional 79,622 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Kemper by 4.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,238,284 shares of the insurance provider’s stock worth $82,271,000 after acquiring an additional 52,290 shares during the last quarter. Boston Partners grew its position in shares of Kemper by 108.2% during the 4th quarter. Boston Partners now owns 1,105,859 shares of the insurance provider’s stock valued at $73,363,000 after acquiring an additional 574,730 shares during the period. No Street GP LP increased its stake in shares of Kemper by 5.3% in the 4th quarter. No Street GP LP now owns 1,100,000 shares of the insurance provider’s stock worth $73,084,000 after purchasing an additional 55,000 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Kemper by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,010,881 shares of the insurance provider’s stock worth $61,933,000 after purchasing an additional 9,412 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Kemper Stock Down 10.7 %

Shares of NYSE:KMPR opened at $57.77 on Friday. Kemper has a 12-month low of $54.11 and a 12-month high of $73.01. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 11.77 and a beta of 1.05. The stock has a fifty day simple moving average of $66.62 and a two-hundred day simple moving average of $65.83. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last announced its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) 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%. On average, research analysts anticipate that Kemper will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.32 per share. The ex-dividend date was Tuesday, February 18th. This is a positive change from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 2.22%. Kemper’s payout ratio is currently 26.07%.

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.