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

Kemper Co. (NYSE:KMPR) has received a consensus recommendation of “Buy” from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $81.60.

A number of equities analysts recently weighed in on the stock. StockNews.com upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Piper Sandler increased their price objective on shares of Kemper from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, February 6th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KMPR. CX Institutional bought a new stake in shares of Kemper in the 1st quarter valued at approximately $38,000. EverSource Wealth Advisors LLC raised its holdings in Kemper by 141.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 600 shares of the insurance provider’s stock valued at $40,000 after buying an additional 352 shares during the period. UMB Bank n.a. lifted its position in Kemper by 104.4% in the first quarter. UMB Bank n.a. now owns 650 shares of the insurance provider’s stock worth $43,000 after buying an additional 332 shares during the last quarter. CENTRAL TRUST Co purchased a new position in Kemper during the first quarter worth $44,000. Finally, Clean Yield Group bought a new position in Kemper during the fourth quarter valued at $45,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Price Performance

NYSE:KMPR opened at $61.39 on Tuesday. The business’s 50-day simple moving average is $62.77 and its two-hundred day simple moving average is $65.34. Kemper has a 52 week low of $53.57 and a 52 week high of $73.01. The stock has a market cap of $3.93 billion, a PE ratio of 12.50 and a beta of 1.05. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.40. Kemper had a return on equity of 14.11% and a net margin of 6.85%. As a group, analysts forecast that Kemper will post 6.03 EPS for the current fiscal year.

Kemper Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.09%. This is a boost from Kemper’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, February 18th. Kemper’s dividend payout ratio is currently 26.07%.

Kemper Company Profile

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.