Kemper Corp. (KMPR) Releases Quarterly Earnings, Beats Expectations By $0.28 EPS
Kemper Corp. (NASDAQ:KMPR) announced its earnings results on Friday. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.41 by $0.28, Stock Ratings Network.com reports. The company had revenue of $635.70 million for the quarter, compared to the consensus estimate of $585.30 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis.
Kemper Corp. (NASDAQ:KMPR) opened at 37.02 on Friday. Kemper Corp. has a one year low of $28.20 and a one year high of $36.56. The stock has a 50-day moving average of $35.50 and a 200-day moving average of $34.37. The company has a market cap of $2.107 billion and a P/E ratio of 14.53.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Thursday, November 7th.
On the ratings front, analysts at Zacks downgraded shares of Kemper Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 15th. They now have a $39.50 price target on the stock.
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