Analysts Set Kemper Co. (NYSE:KMPR) PT at $70.40

Kemper Co. (NYSE:KMPR) has been assigned a consensus recommendation of “Buy” from the five brokerages that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $70.40.

KMPR has been the topic of several analyst reports. UBS Group upped their price objective on Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Monday, February 5th. TD Cowen started coverage on Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price target on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a report on Monday, April 15th. Raymond James upped their target price on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, Piper Sandler upped their price target on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a research note on Monday, April 1st.

Kemper Stock Up 1.8 %

KMPR opened at $58.01 on Friday. Kemper has a fifty-two week low of $38.32 and a fifty-two week high of $64.69. The company has a market capitalization of $3.73 billion, a P/E ratio of -13.65 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The firm’s fifty day moving average price is $58.43 and its two-hundred day moving average price is $51.48.

Kemper (NYSE:KMPR) last issued its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. On average, analysts anticipate that Kemper will post 4.17 EPS for the current year.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.14%. Kemper’s dividend payout ratio (DPR) is -29.18%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of KMPR. PNC Financial Services Group Inc. lifted its stake in shares of Kemper by 10.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,262 shares of the insurance provider’s stock valued at $111,000 after purchasing an additional 211 shares during the period. Amalgamated Bank boosted its holdings in shares of Kemper by 0.6% during the 4th quarter. Amalgamated Bank now owns 37,881 shares of the insurance provider’s stock worth $1,844,000 after buying an additional 235 shares in the last quarter. American Century Companies Inc. grew its position in shares of Kemper by 2.1% during the 3rd quarter. American Century Companies Inc. now owns 12,059 shares of the insurance provider’s stock worth $507,000 after buying an additional 251 shares during the period. Arizona State Retirement System increased its stake in shares of Kemper by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 18,220 shares of the insurance provider’s stock valued at $766,000 after acquiring an additional 254 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in shares of Kemper by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 26,692 shares of the insurance provider’s stock valued at $1,299,000 after acquiring an additional 260 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

About Kemper

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.