Kemper (NYSE:KMPR) had its price objective raised by equities research analysts at JMP Securities from $78.00 to $82.00 in a research report issued on Tuesday. The firm presently has a “market outperform” rating on the insurance provider’s stock. JMP Securities’ price objective would suggest a potential upside of 3.86% from the company’s previous close.
A number of other equities analysts have also recently commented on KMPR. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, February 5th. Sandler O’Neill raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Kemper in a research note on Thursday, November 1st. They set a “market perform” rating and a $80.00 price target for the company. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $82.33.
Shares of NYSE:KMPR traded up $1.18 on Tuesday, reaching $78.95. The company’s stock had a trading volume of 8,321 shares, compared to its average volume of 226,168. Kemper has a 52-week low of $50.85 and a 52-week high of $87.00. The stock has a market capitalization of $4.88 billion, a P/E ratio of 48.14 and a beta of 1.15. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.37.
Kemper (NYSE:KMPR) last issued its quarterly earnings data on Monday, February 11th. The insurance provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.14. Kemper had a net margin of 6.63% and a return on equity of 9.56%. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company posted $0.60 EPS. The business’s revenue was up 67.8% on a year-over-year basis. On average, analysts expect that Kemper will post 4.28 earnings per share for the current year.
Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its holdings in Kemper by 15,823.5% during the 1st quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock valued at $185,293,000 after buying an additional 4,614,759 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Kemper by 6,538.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,628,832 shares of the insurance provider’s stock valued at $25,000 after buying an additional 1,604,294 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Kemper by 31.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,185,592 shares of the insurance provider’s stock valued at $417,181,000 after buying an additional 1,236,313 shares in the last quarter. Vanguard Group Inc lifted its holdings in Kemper by 31.3% during the 3rd quarter. Vanguard Group Inc now owns 5,185,592 shares of the insurance provider’s stock valued at $417,181,000 after buying an additional 1,236,313 shares in the last quarter. Finally, Ceredex Value Advisors LLC bought a new stake in Kemper during the 1st quarter valued at about $60,934,000. 68.00% of the stock is owned by hedge funds and other institutional investors.
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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