Kemper Corporation (NYSE:KMPR) Receives $52.75 Average Price Target from Analysts

Kemper Corporation (NYSE:KMPR) has received an average rating of “Reduce” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $51.75.

A number of analysts have commented on KMPR shares. UBS Group lowered their target price on shares of Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a report on Monday. Weiss Ratings lowered shares of Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Citizens Jmp lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Wall Street Zen cut shares of Kemper from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, Piper Sandler reduced their price target on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research report on Thursday, May 7th.

Kemper Price Performance

KMPR opened at $29.64 on Friday. The company has a fifty day moving average price of $31.23 and a two-hundred day moving average price of $35.83. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. Kemper has a 52 week low of $27.74 and a 52 week high of $65.32. The firm has a market capitalization of $1.74 billion, a PE ratio of 47.80 and a beta of 1.16.

Kemper (NYSE:KMPR) last released its earnings results 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 business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm posted $1.65 EPS. Kemper’s revenue was down 7.2% on a year-over-year basis. As a group, analysts anticipate that Kemper will post 2.83 earnings per share for the current year.

Kemper Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, May 18th. Kemper’s dividend payout ratio (DPR) is currently 206.45%.

Hedge Funds Weigh In On Kemper

Hedge funds and other institutional investors have recently made changes to their positions in the company. WINTON GROUP Ltd bought a new position in shares of Kemper during the third quarter worth $5,020,000. Tudor Investment Corp ET AL lifted its position in Kemper by 64.1% in the 3rd 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 in the last quarter. First Trust Advisors LP lifted its position in Kemper by 44.1% in the 3rd quarter. First Trust Advisors LP now owns 736,183 shares of the insurance provider’s stock valued at $37,950,000 after acquiring an additional 225,476 shares in the last quarter. State of Alaska Department of Revenue lifted its position in Kemper by 783.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 59,750 shares of the insurance provider’s stock valued at $3,079,000 after acquiring an additional 52,989 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Kemper by 4.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,331,737 shares of the insurance provider’s stock valued at $120,201,000 after acquiring an additional 97,354 shares in the last quarter. 86.23% of the stock is owned by institutional investors.

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.