Kemper Corporation (NYSE:KMPR) Stock Has Consensus Price Target of $43.25 According to Analysts

Shares of Kemper Corporation (NYSE:KMPR) have earned an average rating of “Reduce” from the nine research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $43.25.

A number of research analysts recently issued reports on the company. Weiss Ratings downgraded Kemper from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 6th. TD Cowen dropped their price objective on Kemper from $81.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a research report on Sunday, September 27th. UBS Group reduced their target price on Kemper from $44.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Finally, Zacks Research raised shares of Kemper from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th.

Insider Activity at Kemper

In other news, EVP Thomas Evans bought 1,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of $26.53 per share, with a total value of $26,530.00. Following the completion of the acquisition, the executive vice president owned 91,629 shares of the company’s stock, valued at approximately $2,430,917.37. This represents a 1.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jason N. Gorevic acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $25.91 per share, with a total value of $129,550.00. Following the completion of the acquisition, the director owned 31,802 shares in the company, valued at $823,989.82. The trade was a 18.66% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 14,000 shares of company stock worth $367,880 over the last quarter. 0.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Kemper in the 2nd quarter worth about $227,331,000. Walleye Capital LLC bought a new position in Kemper during the 2nd quarter valued at about $21,709,000. Bank of America Corp DE bought a new position in Kemper during the 2nd quarter valued at about $20,800,000. Arrowstreet Capital Limited Partnership lifted its stake in Kemper by 5.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 672,685 shares of the insurance provider’s stock valued at $20,557,000 after acquiring an additional 32,753 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Kemper during the 1st quarter valued at about $18,074,000. 86.23% of the stock is owned by institutional investors.

Kemper Price Performance

Shares of Kemper stock opened at $27.45 on Tuesday. The firm has a market cap of $1.62 billion, a PE ratio of -3.27 and a beta of 1.07. Kemper has a 12-month low of $22.69 and a 12-month high of $50.52. 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 $27.13 and its two-hundred day simple moving average is $28.37.

Kemper (NYSE:KMPR) last issued its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The company’s quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.30 earnings per share. As a group, equities analysts expect that Kemper will post 2.02 EPS for the current year.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, August 21st. Kemper’s dividend payout ratio is -15.24%.

Kemper Company Profile

Kemper Corporation is an insurance holding company that provides property and casualty, life, and health insurance products through its operating subsidiaries. Its offerings include automobile insurance, homeowners and renters insurance, and other personal and commercial insurance solutions designed for individuals, families, and businesses.

The company distributes its products through independent agents, affiliated agencies, and other insurance distribution partners. Kemper primarily serves customers across the United States, with its businesses focused on personal insurance markets and selected commercial insurance opportunities.

Kemper traces its corporate history to Unitrin, which changed its name to Kemper Corporation in 2015.