Kemper Co. (NYSE:KMPR) Given Consensus Recommendation of “Buy” by Analysts

Kemper Co. (NYSE:KMPR) has been given an average recommendation of “Buy” by the five brokerages that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $81.60.

Several equities research analysts recently weighed in on KMPR shares. Raymond James lifted their price target on Kemper from $75.00 to $82.00 and gave the company a “strong-buy” rating in a research report on Thursday, December 26th. TD Cowen lifted their price objective on Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Piper Sandler lifted their price objective on Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in shares of Kemper by 141.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 352 shares during the last quarter. Clean Yield Group bought a new stake in shares of Kemper in the fourth quarter worth $45,000. Capital Performance Advisors LLP bought a new stake in shares of Kemper in the third quarter worth $46,000. GAMMA Investing LLC grew its holdings in shares of Kemper by 32.2% in the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 174 shares during the period. Finally, True Wealth Design LLC grew its holdings in shares of Kemper by 197.5% in the fourth quarter. True Wealth Design LLC now owns 717 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 476 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Trading Up 1.1 %

NYSE KMPR opened at $66.65 on Monday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50. Kemper has a twelve month low of $54.11 and a twelve month high of $73.01. The firm has a market capitalization of $4.26 billion, a PE ratio of 13.57 and a beta of 0.88. The stock’s 50 day moving average is $66.13 and its 200 day moving average is $65.12.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. Research analysts forecast that Kemper will post 6.03 earnings per share for the current fiscal year.

Kemper Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were paid a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 annualized dividend and a dividend yield of 1.92%. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s payout ratio is currently 26.07%.

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.