Kemper (KMPR) Set to Announce Quarterly Earnings on Wednesday

Kemper (NYSE:KMPR) will release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Kemper to post earnings of $1.30 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Kemper (NYSE:KMPR) last released its earnings results on Monday, August 5th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.23. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm earned ($0.26) earnings per share. The company’s revenue for the quarter was down 10.5% compared to the same quarter last year. On average, analysts expect Kemper to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Kemper Trading Down 1.1 %

KMPR opened at $62.57 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.22 and a quick ratio of 0.22. The company’s 50 day simple moving average is $61.37 and its two-hundred day simple moving average is $60.26. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 80.22 and a beta of 0.85. Kemper has a 1-year low of $38.52 and a 1-year high of $65.93.

Kemper Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 19th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.98%. The ex-dividend date was Monday, August 19th. Kemper’s payout ratio is presently 158.98%.

Analysts Set New Price Targets

A number of brokerages have weighed in on KMPR. Raymond James lifted their price target on shares of Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research report on Thursday, August 8th. StockNews.com lowered Kemper from a “buy” rating to a “hold” rating in a research report on Sunday, September 8th. UBS Group upped their price target on Kemper from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a research note on Tuesday, October 15th. Finally, Piper Sandler increased their target price on Kemper from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Kemper has a consensus rating of “Buy” and an average target price of $76.20.

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.