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

Shares of Kemper Co. (NYSE:KMPR) have earned an average rating of “Buy” from the five analysts that are presently covering the stock, Marketbeat.com 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 brokerages have commented on KMPR. TD Cowen raised their target price on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Raymond James raised their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a report on Thursday, December 26th. Piper Sandler raised their target price on shares of Kemper from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th.

Kemper Stock Performance

Shares of KMPR opened at $65.46 on Thursday. The firm’s 50 day moving average is $66.09 and its 200-day moving average is $64.66. The stock has a market capitalization of $4.18 billion, a P/E ratio of 13.33 and a beta of 0.88. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.27 and a quick ratio of 0.27. Kemper has a 12-month low of $54.11 and a 12-month high of $73.01.

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

Kemper Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.32 per share. This is a boost from Kemper’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Tuesday, February 18th. Kemper’s dividend payout ratio (DPR) is currently 26.07%.

Hedge Funds Weigh In On Kemper

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its position in Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 559 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Kemper by 141.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after acquiring an additional 352 shares in the last quarter. Clean Yield Group bought a new position in Kemper during the fourth quarter valued at approximately $45,000. Finally, Capital Performance Advisors LLP bought a new position in Kemper during the third quarter valued at approximately $46,000. Institutional investors own 86.23% of the company’s stock.

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.