Brokerages Set Kemper Co. (NYSE:KMPR) Target Price at $70.40

Shares of Kemper Co. (NYSE:KMPR - Get Free Report) have been given an average recommendation of "Buy" by the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $70.40.

Several research analysts recently issued reports on the stock. UBS Group increased their price target on shares of Kemper from $60.00 to $65.00 and gave the stock a "buy" rating in a report on Monday, February 5th. Raymond James raised their price target on Kemper from $60.00 to $70.00 and gave the company a "strong-buy" rating in a report on Friday, January 26th. Piper Sandler upped their price objective on Kemper from $66.00 to $72.00 and gave the stock an "overweight" rating in a report on Monday, April 1st. TD Cowen started coverage on Kemper in a research report on Wednesday, January 10th. They issued an "outperform" rating and a $70.00 price objective for the company. Finally, JMP Securities restated a "market outperform" rating and set a $75.00 target price on shares of Kemper in a research report on Monday.

Institutional Trading of Kemper

Large investors have recently bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of Kemper by 3.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider's stock worth $173,408,000 after purchasing an additional 150,584 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Kemper in the fourth quarter valued at $641,000. Victory Capital Management Inc. lifted its position in shares of Kemper by 3.4% in the third quarter. Victory Capital Management Inc. now owns 971,132 shares of the insurance provider's stock valued at $40,817,000 after acquiring an additional 31,480 shares in the last quarter. Chartwell Investment Partners LLC boosted its stake in shares of Kemper by 53.7% during the third quarter. Chartwell Investment Partners LLC now owns 302,179 shares of the insurance provider's stock valued at $12,700,000 after acquiring an additional 105,624 shares during the last quarter. Finally, New South Capital Management Inc. increased its position in Kemper by 20.4% during the 3rd quarter. New South Capital Management Inc. now owns 934,506 shares of the insurance provider's stock worth $39,277,000 after purchasing an additional 158,188 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Kemper Stock Performance

Shares of KMPR stock traded up $1.02 during midday trading on Friday, hitting $58.02. The company had a trading volume of 536,988 shares, compared to its average volume of 442,149. Kemper has a 52-week low of $38.32 and a 52-week high of $64.69. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.20 and a quick ratio of 0.20. The company's 50 day simple moving average is $58.43 and its 200 day simple moving average is $51.32. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of -13.65 and a beta of 0.91.

Kemper (NYSE:KMPR - Get Free Report) last announced its quarterly earnings data on Thursday, February 1st. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.21 billion. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. Research analysts anticipate that Kemper will post 4.17 earnings per share for the current fiscal year.

Kemper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 16th. This represents a $1.24 annualized dividend and a yield of 2.14%. Kemper's dividend payout ratio is presently -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.