Kemper (NYSE:KMPR) Issues Quarterly Earnings Results

Kemper (NYSE:KMPR) issued its quarterly earnings data on Wednesday. The insurance provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.32, Briefing.com reports. Kemper had a net margin of 5.86% and a return on equity of 12.25%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the firm earned ($0.44) earnings per share. The company’s quarterly revenue was down 1.7% compared to the same quarter last year.

Kemper Stock Performance

NYSE KMPR traded down $0.69 during trading on Friday, hitting $61.58. 57,745 shares of the company’s stock traded hands, compared to its average volume of 372,372. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 14.61 and a beta of 0.85. Kemper has a 12-month low of $38.52 and a 12-month high of $67.60. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.22 and a current ratio of 0.22. The business has a 50 day moving average of $61.62 and a 200-day moving average of $60.56.

Kemper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Monday, August 19th. Kemper’s dividend payout ratio (DPR) is presently 29.52%.

Wall Street Analyst Weigh In

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