Wall Street analysts expect that Kemper Co. (NYSE:KMPR – Get Rating) will post sales of $1.47 billion for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Kemper’s earnings. Kemper reported sales of $1.30 billion in the same quarter last year, which indicates a positive year over year growth rate of 13.1%. The business is expected to report its next earnings results on Monday, January 1st.
On average, analysts expect that Kemper will report full-year sales of $5.95 billion for the current year, with estimates ranging from $5.90 billion to $6.03 billion. For the next financial year, analysts anticipate that the business will report sales of $6.27 billion, with estimates ranging from $6.11 billion to $6.36 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Kemper.
Kemper (NYSE:KMPR – Get Rating) last posted its earnings results on Monday, January 31st. The insurance provider reported ($2.05) EPS for the quarter, missing the consensus estimate of ($0.44) by ($1.61). The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Kemper had a negative return on equity of 5.21% and a negative net margin of 2.07%. During the same period last year, the business earned $1.59 earnings per share.
In related news, Director George N. Cochran acquired 1,000 shares of Kemper stock in a transaction that occurred on Monday, February 14th. The shares were purchased at an average price of $50.00 per share, for a total transaction of $50,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.60% of the company’s stock.
A number of institutional investors have recently made changes to their positions in KMPR. Harbor Investment Advisory LLC raised its position in Kemper by 126.4% in the fourth quarter. Harbor Investment Advisory LLC now owns 548 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 306 shares during the period. Dark Forest Capital Management LP purchased a new stake in Kemper in the third quarter valued at $43,000. Pinebridge Investments L.P. purchased a new stake in Kemper in the fourth quarter valued at $71,000. Allspring Global Investments Holdings LLC purchased a new stake in Kemper in the fourth quarter valued at $124,000. Finally, Advisor Group Holdings Inc. raised its position in Kemper by 45.9% in the third quarter. Advisor Group Holdings Inc. now owns 2,412 shares of the insurance provider’s stock valued at $162,000 after purchasing an additional 759 shares during the period. Hedge funds and other institutional investors own 73.61% of the company’s stock.
KMPR traded down $0.08 during trading on Friday, hitting $54.94. The company’s stock had a trading volume of 165,286 shares, compared to its average volume of 259,382. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.28. Kemper has a twelve month low of $48.27 and a twelve month high of $83.98. The business’s fifty day moving average price is $53.18. The company has a market cap of $3.50 billion, a price-to-earnings ratio of -28.03 and a beta of 0.72.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Stockholders of record on Monday, February 14th were given a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 11th. This represents a $1.24 annualized dividend and a dividend yield of 2.26%. Kemper’s dividend payout ratio (DPR) is presently -63.27%.
About Kemper (Get Rating)
Kemper Corp. is a holding company, which engages in the property and casualty insurance, and life and health insurance businesses. It operates through the following segments: Specialty Property and Casualty Insurance, Preferred Property and Casualty Insurance, and Life and Health Insurance. The Specialty Property and Casualty Insurance segment provides personal and commercial automobile insurance.
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