Kemper Corporation (NYSE:KMPR) Receives Average Recommendation of “Reduce” from Brokerages

Kemper Corporation (NYSE:KMPR) has been assigned an average recommendation of “Reduce” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $56.6667.

KMPR has been the subject of several recent research reports. Piper Sandler cut their price target on Kemper from $50.00 to $35.00 and set an “underweight” rating for the company in a report on Thursday, November 6th. William Blair downgraded shares of Kemper from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 18th. Raymond James Financial lowered shares of Kemper from an “outperform” rating to a “market perform” rating and set a $60.00 price target on the stock. in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Kemper in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Kemper from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd.

Institutional Trading of Kemper

Several large investors have recently added to or reduced their stakes in KMPR. Brighton Jones LLC bought a new position in Kemper in the 2nd quarter valued at approximately $490,000. Moran Wealth Management LLC acquired a new position in Kemper in the 2nd quarter valued at approximately $608,000. Versor Investments LP acquired a new position in shares of Kemper during the second quarter worth $1,870,000. Bryce Point Capital LLC bought a new position in Kemper during the 2nd quarter worth $742,000. Finally, Integrated Quantitative Investments LLC bought a new stake in shares of Kemper in the 2nd quarter valued at about $976,000. 86.23% of the stock is owned by institutional investors.

Kemper Stock Performance

Shares of KMPR opened at $38.94 on Thursday. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.35. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 10.17 and a beta of 1.14. Kemper has a 12 month low of $33.91 and a 12 month high of $72.25. The company’s fifty day moving average is $39.87 and its 200-day moving average is $46.63.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, November 5th. The insurance provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($1.00). The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. Kemper had a return on equity of 11.48% and a net margin of 5.13%.Kemper’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.62 earnings per share. Equities analysts expect that Kemper will post 6.03 EPS for the current fiscal year.

About Kemper

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.