Wall Street brokerages expect Kemper Co. (NYSE:KMPR – Get Rating) to post earnings per share (EPS) of ($0.66) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Kemper’s earnings. The lowest EPS estimate is ($1.55) and the highest is $0.25. Kemper posted earnings of $1.31 per share in the same quarter last year, which would suggest a negative year over year growth rate of 150.4%. The company is expected to report its next earnings report after the market closes on Monday, January 1st.
On average, 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 financial year, analysts forecast that the business will report earnings of $4.15 per share, with EPS estimates ranging from $2.80 to $6.50. Zacks’ earnings per share averages are a mean average based on a survey of analysts that cover Kemper.
Kemper (NYSE:KMPR – Get Rating) last announced its quarterly earnings data on Monday, January 31st. The insurance provider reported ($2.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.44) by ($1.61). Kemper had a negative return on equity of 5.21% and a negative net margin of 2.07%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the company posted $1.59 EPS.
In related news, Director George N. Cochran bought 1,000 shares of the firm’s stock in a transaction on Monday, February 14th. The stock was acquired at an average cost of $50.00 per share, for a total transaction of $50,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.71% of the company’s stock.
A number of hedge funds have recently made changes to their positions in KMPR. Harbor Investment Advisory LLC boosted its stake in shares of Kemper by 126.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 548 shares of the insurance provider’s stock worth $32,000 after acquiring an additional 306 shares during the last quarter. Dark Forest Capital Management LP bought a new position in Kemper in the 3rd quarter worth $43,000. Cutler Group LP purchased a new position in Kemper during the first quarter valued at $45,000. Pinebridge Investments L.P. bought a new stake in Kemper during the fourth quarter valued at about $71,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Kemper during the fourth quarter valued at about $124,000. 73.61% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:KMPR opened at $54.17 on Friday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.28. The stock has a fifty day simple moving average of $53.48 and a two-hundred day simple moving average of $57.55. Kemper has a 12-month low of $48.27 and a 12-month high of $83.98. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of -27.64 and a beta of 0.72.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Investors of record on Monday, February 14th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Friday, February 11th. Kemper’s dividend payout ratio is currently -63.27%.
About Kemper (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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