Carl Thomas Jr. Evans Buys 1,000 Shares of Kemper (NYSE:KMPR) Stock

Kemper Corporation (NYSE:KMPR) EVP Carl Thomas Jr. Evans purchased 1,000 shares of Kemper stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $26.53 per share, for a total transaction of $26,530.00. Following the completion of the transaction, the executive vice president owned 91,629 shares in the company, valued at $2,430,917.37. The trade was a 1.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Kemper Price Performance

Shares of Kemper stock opened at $26.60 on Thursday. The firm has a market cap of $1.57 billion, a PE ratio of -3.17 and a beta of 1.04. Kemper Corporation has a 12-month low of $22.69 and a 12-month high of $54.90. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $27.41 and its two-hundred day simple moving average is $30.16.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.11. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a positive return on equity of 2.89% and a negative net margin of 10.84%.The business’s revenue was down 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.30 earnings per share. As a group, equities analysts expect that Kemper Corporation will post 1.93 EPS for the current year.

Kemper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, August 21st. Kemper’s dividend payout ratio (DPR) is -15.24%.

Trending Headlines about Kemper

Here are the key news stories impacting Kemper this week:

• Positive Sentiment: Kemper insiders collectively purchased 11,000 shares: Director Jason Gorevic bought 5,000 shares, Director Gerald Laderman bought 4,000, and CFO Bradley Camden and EVP Carl Evans each bought 1,000. The purchases, made near $26 per share, may signal that management considers the current valuation attractive. Kemper insider buying report
• Positive Sentiment: UBS maintained a “Buy” rating and a $43 price target, despite reducing its objective slightly from $44. The target implies substantial potential upside if Kemper’s earnings and underwriting performance improve. UBS rating on Kemper
• Positive Sentiment: The company’s quarterly dividend of $0.32 per share remains a potential attraction for income-oriented investors, representing $1.28 annually and an indicated yield of approximately 4.9% at recent trading levels.
• Neutral Sentiment: Kemper’s latest earnings call is drawing investor attention, with analysts focusing on five key questions about the quarter and the company’s outlook. The discussion may provide additional insight into insurance profitability, claims trends and the path to improving results. Analyst questions from Kemper’s Q2 earnings call
• Neutral Sentiment: Second-quarter EPS of $0.45 exceeded the $0.34 consensus estimate, but revenue of $1.09 billion missed expectations of $1.16 billion. The mixed result offers a near-term earnings cushion but does not yet demonstrate a clear growth recovery.
• Negative Sentiment: Revenue fell 10.8% year over year, while EPS declined from $1.30 in the comparable period. Kemper also reported a negative net margin, reinforcing concerns about the health of its insurance operations.
• Negative Sentiment: Analyst sentiment remains unfavorable overall, with a consensus “Reduce” rating and more Sell or Hold recommendations than Buys. Piper Sandler cut its target to $28, and UBS also trimmed its target, limiting the impact of the UBS upgrade in sentiment.

Analysts Set New Price Targets

Several equities research analysts have commented on KMPR shares. Weiss Ratings downgraded Kemper from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 6th. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Piper Sandler lowered their price target on Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a research report on Thursday, May 7th. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Finally, UBS Group dropped their price target on shares of Kemper from $44.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $43.67.

Hedge Funds Weigh In On Kemper

Hedge funds and other institutional investors have recently modified their holdings of the company. Ieq Capital LLC bought a new stake in shares of Kemper during the 2nd quarter valued at about $831,000. Allworth Financial LP bought a new position in shares of Kemper in the 2nd quarter worth approximately $83,000. BlackRock Inc. purchased a new position in shares of Kemper in the second quarter worth approximately $227,331,000. Pallas Capital Advisors LLC purchased a new position in shares of Kemper in the second quarter worth approximately $202,000. Finally, Deutsche Bank AG bought a new stake in Kemper during the second quarter valued at approximately $1,747,000. 86.23% of the stock is owned by institutional investors.

Kemper Company Profile

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.