Q2 2024 EPS Estimates for Kemper Co. Increased by William Blair (NYSE:KMPR)

Kemper Co. (NYSE:KMPR) – Investment analysts at William Blair upped their Q2 2024 earnings per share estimates for shares of Kemper in a report released on Tuesday, April 23rd. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings of $0.84 per share for the quarter, up from their previous estimate of $0.83. The consensus estimate for Kemper’s current full-year earnings is $4.17 per share. William Blair also issued estimates for Kemper’s Q3 2024 earnings at $0.97 EPS, Q4 2024 earnings at $1.08 EPS and FY2025 earnings at $4.55 EPS.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%.

A number of other equities research analysts have also recently weighed in on the company. Raymond James raised their price target on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Piper Sandler raised their price target on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. UBS Group raised their price target on Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a report on Monday, February 5th. TD Cowen initiated coverage on Kemper in a report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price target for the company. Finally, JMP Securities reissued a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a research note on Monday, April 15th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $70.40.

Kemper Trading Down 2.8 %

KMPR stock opened at $58.69 on Thursday. Kemper has a 1-year low of $38.32 and a 1-year high of $64.69. The firm has a market cap of $3.77 billion, a P/E ratio of -13.81 and a beta of 0.91. The business’s 50 day moving average is $58.55 and its 200-day moving average is $51.82. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. New York State Teachers Retirement System lifted its holdings in Kemper by 0.3% during the first quarter. New York State Teachers Retirement System now owns 71,848 shares of the insurance provider’s stock worth $4,449,000 after acquiring an additional 200 shares in the last quarter. Amalgamated Bank increased its position in Kemper by 0.6% during the fourth quarter. Amalgamated Bank now owns 37,881 shares of the insurance provider’s stock worth $1,844,000 after buying an additional 235 shares during the last quarter. Arizona State Retirement System increased its position in Kemper by 1.4% during the third quarter. Arizona State Retirement System now owns 18,220 shares of the insurance provider’s stock worth $766,000 after buying an additional 254 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Kemper by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 26,692 shares of the insurance provider’s stock worth $1,299,000 after buying an additional 260 shares during the last quarter. Finally, Retirement Systems of Alabama grew its position in shares of Kemper by 0.4% in the fourth quarter. Retirement Systems of Alabama now owns 75,450 shares of the insurance provider’s stock valued at $3,672,000 after purchasing an additional 268 shares during the last quarter. 86.23% of the stock is currently owned by institutional investors.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were paid a $0.31 dividend. The ex-dividend date was Friday, February 16th. This represents a $1.24 annualized dividend and a dividend yield of 2.11%. Kemper’s dividend payout ratio (DPR) is currently -29.18%.

Kemper Company Profile

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.