Equities research analysts forecast that Kemper Co. (NYSE:KMPR – Get Rating) will post ($0.66) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Kemper’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at ($1.55). Kemper posted earnings per share of $1.31 in the same quarter last year, which would suggest a negative year over year growth rate of 150.4%. The company is expected to announce its next quarterly earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that Kemper will report full-year earnings of ($0.46) per share for the current year, with EPS estimates ranging from ($3.15) to $2.70. For the next year, analysts anticipate that the firm will report earnings of $4.15 per share, with EPS estimates ranging from $2.80 to $6.50. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Kemper.
Kemper (NYSE:KMPR – Get Rating) last released its quarterly earnings data on Monday, January 31st. The insurance provider reported ($2.05) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($1.61). The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. Kemper had a negative net margin of 2.07% and a negative return on equity of 5.21%. During the same quarter in the prior year, the firm earned $1.59 EPS.
In related news, Director George N. Cochran purchased 1,000 shares of the stock in a transaction that occurred on Monday, February 14th. The stock was acquired at an average cost of $50.00 per share, with a total value of $50,000.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.71% of the company’s stock.
A number of large investors have recently bought and sold shares of the business. Morgan Stanley boosted its stake in shares of Kemper by 29.7% in the 2nd quarter. Morgan Stanley now owns 86,168 shares of the insurance provider’s stock worth $6,368,000 after buying an additional 19,707 shares during the last quarter. State of New Jersey Common Pension Fund D grew its stake in Kemper by 13.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 39,514 shares of the insurance provider’s stock valued at $2,639,000 after purchasing an additional 4,695 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Kemper by 18.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,729 shares of the insurance provider’s stock valued at $382,000 after purchasing an additional 905 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Kemper by 37.9% during the 3rd quarter. SG Americas Securities LLC now owns 30,827 shares of the insurance provider’s stock worth $2,059,000 after purchasing an additional 8,468 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Kemper by 67.7% in the 3rd quarter. Victory Capital Management Inc. now owns 1,322,953 shares of the insurance provider’s stock worth $88,360,000 after buying an additional 533,964 shares during the last quarter. Hedge funds and other institutional investors own 73.61% of the company’s stock.
KMPR stock opened at $54.17 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.22 and a quick ratio of 0.22. The company’s 50-day moving average is $53.48 and its 200-day moving average is $57.55. The stock has a market capitalization of $3.45 billion, a PE ratio of -27.64 and a beta of 0.72. Kemper has a 1 year low of $48.27 and a 1 year high of $83.98.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Stockholders of record on Monday, February 14th were issued a $0.31 dividend. The ex-dividend date was Friday, February 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.29%. Kemper’s dividend payout ratio is presently -63.27%.
Kemper Company Profile (Get Rating)
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.
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