Kemper Corp (NYSE:KMPR) – Investment analysts at Langen Mcalenn boosted their FY2018 earnings estimates for Kemper in a research note issued on Tuesday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the insurance provider will post earnings per share of $3.45 for the year, up from their prior estimate of $3.10.

Kemper (NYSE:KMPR) last posted its earnings results on Monday, October 30th. The insurance provider reported $0.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.57. The business had revenue of $690.30 million for the quarter, compared to analysts’ expectations of $680.90 million. Kemper had a net margin of 4.32% and a return on equity of 4.47%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.40) earnings per share.

A number of other brokerages have also issued reports on KMPR. BidaskClub upgraded shares of Kemper from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 5th. Zacks Investment Research lowered shares of Kemper from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $67.00.

Kemper (NYSE KMPR) traded down $0.35 during trading hours on Wednesday, reaching $69.25. 175,300 shares of the company’s stock were exchanged, compared to its average volume of 148,240. The firm has a market capitalization of $3,581.01, a price-to-earnings ratio of 31.19 and a beta of 1.19. Kemper has a 52-week low of $36.35 and a 52-week high of $71.52. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.17 and a current ratio of 0.17.

Institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its position in Kemper by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 144,822 shares of the insurance provider’s stock valued at $5,590,000 after purchasing an additional 9,116 shares in the last quarter. Chicago Equity Partners LLC bought a new position in Kemper in the third quarter valued at $2,623,000. USA Financial Portformulas Corp bought a new position in Kemper in the third quarter valued at $549,000. Rafferty Asset Management LLC bought a new position in Kemper in the second quarter valued at $4,424,000. Finally, Eaton Vance Management bought a new position in Kemper in the second quarter valued at $521,000. 57.72% of the stock is owned by institutional investors and hedge funds.

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About Kemper

Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.

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