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

Shares of Kemper Corporation (NYSE:KMPR) have earned a consensus rating of “Reduce” from the nine ratings firms that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $51.75.

Several research analysts have weighed in on KMPR shares. UBS Group decreased their price objective on shares of Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a report on Monday, May 11th. Piper Sandler decreased their price objective on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a report on Thursday, May 7th. Citizens Jmp lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Zacks Research lowered shares of Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen lowered shares of Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of KMPR. Huntington National Bank lifted its position in shares of Kemper by 187.1% in the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after buying an additional 421 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Kemper by 1,098.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after buying an additional 538 shares during the last quarter. Signaturefd LLC bought a new position in shares of Kemper in the 4th quarter worth about $32,000. Jones Financial Companies Lllp lifted its position in shares of Kemper by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after buying an additional 278 shares during the last quarter. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Kemper in the 3rd quarter worth about $36,000. 86.23% of the stock is currently owned by institutional investors.

Kemper Price Performance

Shares of KMPR stock opened at $24.20 on Wednesday. The firm has a market cap of $1.42 billion, a P/E ratio of 39.03 and a beta of 1.06. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.18 and a quick ratio of 0.18. Kemper has a 1-year low of $24.13 and a 1-year high of $65.32. The firm has a fifty day moving average of $30.74 and a two-hundred day moving average of $34.69.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.60). The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. Kemper had a return on equity of 4.80% and a net margin of 0.89%.Kemper’s revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.65 earnings per share. As a group, research analysts anticipate that Kemper will post 2.3 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, May 18th. Kemper’s dividend payout ratio (DPR) is presently 206.45%.

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.