Q1 2024 EPS Estimates for Kemper Co. Lifted by William Blair (NYSE:KMPR)

Kemper Co. (NYSE:KMPR) – Research analysts at William Blair upped their Q1 2024 earnings per share estimates for Kemper in a research note issued on Tuesday, April 23rd. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $1.12 per share for the quarter, up from their prior estimate of $0.72. The consensus estimate for Kemper’s current full-year earnings is $4.22 per share. William Blair also issued estimates for Kemper’s FY2024 earnings at $4.02 EPS, Q1 2025 earnings at $1.02 EPS, Q2 2025 earnings at $1.02 EPS, Q3 2025 earnings at $1.20 EPS and Q4 2025 earnings at $1.31 EPS.

Other equities research analysts have also recently issued reports about the company. Raymond James increased their price objective on Kemper from $60.00 to $70.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. UBS Group increased their price objective on Kemper from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Piper Sandler increased their target price on Kemper from $66.00 to $72.00 and gave the company an “overweight” rating in a report on Monday, April 1st. JMP Securities reissued a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a report on Monday, April 15th. Finally, TD Cowen started coverage on Kemper in a report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price on the stock. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $70.40.

Kemper Trading Down 2.2 %

Kemper stock opened at $57.42 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. Kemper has a one year low of $38.32 and a one year high of $64.69. The stock has a market capitalization of $3.69 billion, a PE ratio of -13.51 and a beta of 0.91. The business’s fifty day moving average is $58.50 and its 200 day moving average is $51.93.

Kemper (NYSE:KMPR) last released its earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.21 billion.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KMPR. YHB Investment Advisors Inc. bought a new position in shares of Kemper in the first quarter worth about $25,000. Blue Trust Inc. raised its stake in Kemper by 211.1% during the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 361 shares during the period. CWM LLC raised its stake in Kemper by 257.8% during the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares during the period. Exchange Traded Concepts LLC bought a new stake in Kemper during the 3rd quarter valued at approximately $32,000. Finally, Quest Partners LLC bought a new stake in Kemper during the 4th quarter valued at approximately $66,000. Institutional investors own 86.23% of the company’s stock.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 20th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Friday, February 16th. Kemper’s dividend payout ratio (DPR) is currently -29.18%.

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.