Kemper Corporation (NYSE:KMPR) released its earnings results on Monday, October 30th. The insurance provider reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.57, Bloomberg Earnings reports. The firm had revenue of $690.30 million for the quarter, compared to the consensus estimate of $680.90 million. Kemper Corporation had a net margin of 4.32% and a return on equity of 4.47%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.40) EPS.
Shares of Kemper Corporation (NYSE:KMPR) traded up $0.35 on Tuesday, reaching $66.95. 162,400 shares of the company’s stock were exchanged, compared to its average volume of 169,351. Kemper Corporation has a twelve month low of $36.35 and a twelve month high of $68.13. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.17 and a current ratio of 0.17. The stock has a market cap of $3,426.66, a price-to-earnings ratio of 38.28 and a beta of 1.18.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Monday, November 13th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Friday, November 10th. Kemper Corporation’s dividend payout ratio (DPR) is currently 43.24%.
In other Kemper Corporation news, Director Susan D. Whiting bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was purchased at an average cost of $49.06 per share, with a total value of $49,060.00. Following the completion of the acquisition, the director now owns 1,000 shares in the company, valued at approximately $49,060. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.92% of the company’s stock.
Several research firms have issued reports on KMPR. TheStreet upgraded shares of Kemper Corporation from a “c” rating to a “b” rating in a research note on Tuesday, August 1st. BidaskClub upgraded shares of Kemper Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Finally, Zacks Investment Research cut shares of Kemper Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. Kemper Corporation currently has an average rating of “Buy” and an average price target of $55.50.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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