Kemper Co. (NYSE:KMPR) Receives $79.40 Average Target Price from Analysts

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have earned an average recommendation of "Buy" from the five ratings firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $79.40.

Separately, Piper Sandler dropped their price objective on Kemper from $86.00 to $75.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of KMPR. Boston Partners grew its stake in Kemper by 108.2% during the 4th quarter. Boston Partners now owns 1,105,859 shares of the insurance provider's stock worth $73,363,000 after purchasing an additional 574,730 shares in the last quarter. AQR Capital Management LLC grew its stake in Kemper by 69.2% during the 4th quarter. AQR Capital Management LLC now owns 916,195 shares of the insurance provider's stock worth $60,661,000 after purchasing an additional 374,798 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Kemper during the 4th quarter worth $23,325,000. Vaughan Nelson Investment Management L.P. grew its stake in Kemper by 83.3% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 730,175 shares of the insurance provider's stock worth $48,813,000 after purchasing an additional 331,770 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in Kemper by 673.8% during the 1st quarter. MetLife Investment Management LLC now owns 262,650 shares of the insurance provider's stock worth $17,558,000 after purchasing an additional 228,707 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Trading Up 1.3%

Shares of Kemper stock traded up $0.81 during trading hours on Friday, hitting $63.56. The company's stock had a trading volume of 346,273 shares, compared to its average volume of 380,305. Kemper has a twelve month low of $53.57 and a twelve month high of $73.01. The firm has a fifty day moving average of $61.48 and a 200-day moving average of $65.21. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 12.95 and a beta of 1.26. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.27 and a current ratio of 0.27.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The insurance provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.48 by $0.17. Kemper had a return on equity of 14.11% and a net margin of 6.85%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the company posted $1.07 EPS. The company's quarterly revenue was up 4.4% on a year-over-year basis. Research analysts forecast that Kemper will post 6.03 EPS for the current year.

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be paid a $0.32 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.01%. Kemper's payout ratio is presently 23.93%.

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.