Analysts Set Kemper Corporation (NYSE:KMPR) Target Price at $51.75

Kemper Corporation (NYSE:KMPR) has been given a consensus recommendation of “Reduce” by the nine ratings firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $51.75.

A number of equities research analysts have weighed in on KMPR shares. Piper Sandler decreased their price target on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. UBS Group dropped their price objective on shares of Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Kemper in a research report on Friday, June 12th. Finally, Zacks Research cut shares of Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th.

Institutional Investors Weigh In On Kemper

Large investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL grew its position in Kemper by 64.1% in the third quarter. Tudor Investment Corp ET AL now owns 223,403 shares of the insurance provider’s stock valued at $11,516,000 after acquiring an additional 87,272 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Kemper by 1,888.9% during the first quarter. Hsbc Holdings PLC now owns 214,186 shares of the insurance provider’s stock valued at $6,577,000 after acquiring an additional 203,417 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Kemper by 361.0% during the fourth quarter. SG Americas Securities LLC now owns 78,507 shares of the insurance provider’s stock valued at $3,183,000 after acquiring an additional 61,479 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Kemper during the first quarter valued at $1,622,000. Finally, Walleye Capital LLC boosted its stake in shares of Kemper by 102.1% in the 1st quarter. Walleye Capital LLC now owns 325,197 shares of the insurance provider’s stock valued at $9,938,000 after purchasing an additional 164,315 shares in the last quarter. 86.23% of the stock is currently owned by institutional investors.

Kemper Trading Up 4.1%

Shares of KMPR opened at $28.77 on Thursday. Kemper has a 12-month low of $22.69 and a 12-month high of $62.46. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 46.40 and a beta of 1.04. The stock’s 50-day moving average price is $27.01 and its 200 day moving average price is $31.16.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, May 6th. The insurance provider reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). Kemper had a return on equity of 4.80% and a net margin of 0.89%.The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the business posted $1.65 EPS. Kemper’s revenue was down 7.2% compared to the same quarter last year. As a group, research analysts predict that Kemper will post 1.94 earnings per share for the current year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, May 18th. Kemper’s payout ratio is presently 206.45%.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.