Kemper Co. (NYSE:KMPR) Receives Consensus Rating of “Hold” from Brokerages

Shares of Kemper Co. (NYSE:KMPRGet Rating) have earned an average recommendation of “Hold” from the six analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $54.50.

KMPR has been the topic of several research analyst reports. StockNews.com started coverage on Kemper in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Raymond James cut Kemper from an “outperform” rating to a “market perform” rating in a research report on Tuesday, February 1st. Zacks Investment Research cut Kemper from a “buy” rating to a “hold” rating in a research report on Friday, May 6th. Finally, Credit Suisse Group started coverage on Kemper in a research report on Thursday, April 28th. They set an “underperform” rating and a $44.00 price target on the stock.

KMPR stock opened at $46.83 on Monday. The stock’s fifty day simple moving average is $52.07 and its two-hundred day simple moving average is $54.87. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.41. Kemper has a 1-year low of $45.33 and a 1-year high of $77.48. The stock has a market cap of $2.99 billion, a P/E ratio of -8.84 and a beta of 0.81.

Kemper (NYSE:KMPRGet Rating) last posted its quarterly earnings data on Monday, May 2nd. The insurance provider reported ($0.94) earnings per share for the quarter, topping the consensus estimate of ($1.17) by $0.23. Kemper had a negative return on equity of 9.23% and a negative net margin of 5.79%. During the same period in the previous year, the company earned $1.31 EPS. As a group, analysts forecast that Kemper will post -1.44 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 16th will be issued a dividend of $0.31 per share. The ex-dividend date is Friday, May 13th. This represents a $1.24 dividend on an annualized basis and a yield of 2.65%. Kemper’s dividend payout ratio (DPR) is -23.40%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC lifted its holdings in 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 purchasing an additional 306 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in Kemper during the 3rd quarter worth about $43,000. Cutler Group LP purchased a new stake in Kemper during the 1st quarter worth about $45,000. Pinebridge Investments L.P. purchased a new stake in Kemper during the 4th quarter worth about $71,000. Finally, Allspring Global Investments Holdings LLC bought a new position in Kemper in the 4th quarter worth about $124,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

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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