Analysts forecast that Kemper Co. (NYSE:KMPR – Get Rating) will post $1.47 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Kemper’s earnings. Kemper reported sales of $1.30 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 13.1%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Monday, January 1st.
On average, analysts expect that Kemper will report full year sales of $5.95 billion for the current financial year, with estimates ranging from $5.90 billion to $6.03 billion. For the next fiscal year, analysts forecast that the company will post sales of $6.27 billion, with estimates ranging from $6.11 billion to $6.36 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Kemper.
Kemper (NYSE:KMPR – Get Rating) last posted its quarterly earnings results on Monday, January 31st. The insurance provider reported ($2.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.44) by ($1.61). The company had revenue of $1.47 billion during the quarter, compared to analyst estimates 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 period last year, the firm earned $1.59 EPS.
In other news, Director George N. Cochran purchased 1,000 shares of Kemper stock in a transaction dated Monday, February 14th. The shares were bought 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 Securities & Exchange Commission, which is available at this hyperlink. 0.71% of the stock is currently owned by insiders.
Large investors have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC boosted its holdings 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 acquiring an additional 306 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in Kemper in the third quarter valued at approximately $43,000. Cutler Group LP bought a new stake in Kemper in the first quarter valued at approximately $45,000. Pinebridge Investments L.P. bought a new stake in Kemper in the fourth quarter valued at approximately $71,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Kemper in the fourth quarter valued at approximately $124,000. Institutional investors own 73.61% of the company’s stock.
KMPR stock opened at $50.36 on Friday. The company has a market cap of $3.21 billion, a PE ratio of -25.69 and a beta of 0.72. The business has a 50-day simple moving average of $53.54 and a 200 day simple moving average of $57.41. Kemper has a 52 week low of $48.27 and a 52 week high of $83.98. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.28.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Shareholders of record on Monday, February 14th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.46%. The ex-dividend date was Friday, February 11th. Kemper’s payout ratio is -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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