Kemper Co. (NYSE:KMPR) Receives $81.60 Consensus Target Price from Analysts

Kemper Co. (NYSE:KMPR) has received a consensus rating of “Buy” from the five research firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $81.60.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KMPR. EverSource Wealth Advisors LLC raised its holdings in shares of Kemper by 141.9% during 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 purchased a new position in shares of Kemper during the fourth quarter worth $45,000. GAMMA Investing LLC raised its holdings in shares of Kemper by 32.2% during the fourth quarter. GAMMA Investing LLC now owns 715 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 174 shares during the last quarter. True Wealth Design LLC raised its holdings in shares of Kemper by 197.5% during the fourth quarter. True Wealth Design LLC now owns 717 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 476 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in shares of Kemper during the third quarter worth $46,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Price Performance

NYSE KMPR opened at $68.57 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27. The firm’s 50 day moving average price is $66.13 and its 200-day moving average price is $65.27. Kemper has a 52-week low of $54.11 and a 52-week high of $73.01. The company has a market cap of $4.38 billion, a PE ratio of 13.97 and a beta of 0.88.

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

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a $0.32 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.87%. This is a boost from Kemper’s previous quarterly dividend of $0.31. Kemper’s dividend payout ratio (DPR) is currently 26.07%.

About Kemper

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.