Kemper - KMPR Stock Forecast, Price & News

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance. It provides automobile, homeowners, renters, fire, umbrella, general liability, and various other property and casualty insurance to individuals, as well as commercial automobile insurance to businesses. The company also offers life insurance, including permanent and term insurance, as well as supplemental accident and health insurance products; and Medicare supplement insurance, fixed hospital indemnity, home health care, specified disease, and accident-only plans to individuals in rural, suburban, and urban areas. It distributes its products through independent agents and brokers. The company was formerly known as Unitrin, Inc. and changed its name to Kemper Corporation in August 2011. Kemper Corporation was incorporated in 1990 and is headquartered in Chicago, Illinois.

Kemper Stock Up 2.2 %

Shares of NYSE:KMPR opened at $47.57 on Friday. The firm has a market cap of $3.04 billion, a PE ratio of -8.65 and a beta of 0.76. The company has a fifty day simple moving average of $47.44 and a 200 day simple moving average of $50.56. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.49. Kemper has a 12-month low of $41.62 and a 12-month high of $70.65.

Kemper (NYSE:KMPR - Get Rating) last released its earnings results on Monday, August 1st. The insurance provider reported ($0.62) earnings per share for the quarter, topping the consensus estimate of ($0.70) by $0.08. Kemper had a negative net margin of 6.07% and a negative return on equity of 8.51%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the firm earned ($1.54) EPS. The company's revenue was down 4.6% on a year-over-year basis. On average, equities research analysts anticipate that Kemper will post -1.83 EPS for the current fiscal year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 29th. Shareholders of record on Monday, August 15th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Friday, August 12th. Kemper's dividend payout ratio is presently -22.55%.

Analyst Ratings Changes

A number of research firms have recently issued reports on KMPR. Piper Sandler dropped their price objective on shares of Kemper from $57.00 to $48.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 2nd. Credit Suisse Group began coverage on Kemper in a research report on Thursday, April 28th. They set an "underperform" rating and a $44.00 target price on the stock.

Insider Transactions at Kemper

In other news, Director Jason N. Gorevic purchased 3,000 shares of the company's stock in a transaction that occurred on Wednesday, August 3rd. The shares were acquired at an average cost of $43.00 per share, with a total value of $129,000.00. Following the transaction, the director now owns 12,139 shares in the company, valued at approximately $521,977. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.60% of the company's stock.