Kemper Corp (KMPR) Receives Consensus Rating of “Buy” from Analysts

Shares of Kemper Corp (NYSE:KMPR) have been given a consensus rating of “Buy” by the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $55.00.

KMPR has been the subject of several recent analyst reports. BidaskClub raised shares of Kemper from a “hold” rating to a “buy” rating in a report on Wednesday, September 20th. Zacks Investment Research downgraded shares of Kemper from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. Finally, ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fiduciary Trust Co. bought a new stake in Kemper in the 2nd quarter valued at $122,000. Invictus RG bought a new stake in Kemper in the 3rd quarter valued at $207,000. Riverhead Capital Management LLC boosted its holdings in Kemper by 78.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,828 shares of the insurance provider’s stock valued at $186,000 after purchasing an additional 2,128 shares during the period. Flinton Capital Management LLC boosted its holdings in Kemper by 75.3% in the 2nd quarter. Flinton Capital Management LLC now owns 4,828 shares of the insurance provider’s stock valued at $186,000 after purchasing an additional 2,074 shares during the period. Finally, Amalgamated Bank boosted its holdings in Kemper by 0.9% in the 2nd quarter. Amalgamated Bank now owns 5,758 shares of the insurance provider’s stock valued at $222,000 after purchasing an additional 53 shares during the period. 57.72% of the stock is owned by institutional investors and hedge funds.

Kemper (NYSE KMPR) traded up $0.90 during mid-day trading on Tuesday, reaching $69.60. 86,600 shares of the company’s stock traded hands, compared to its average volume of 178,950. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market capitalization of $3,580.00, a P/E ratio of 31.78 and a beta of 1.19. Kemper has a 12 month low of $36.35 and a 12 month high of $71.52.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Monday, October 30th. The insurance provider reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.57. The business had revenue of $690.30 million during the quarter, compared to the consensus estimate of $680.90 million. Kemper had a net margin of 4.32% and a return on equity of 4.47%. Kemper’s quarterly 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. sell-side analysts expect that Kemper will post 1.57 earnings per share for the current fiscal year.

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Kemper 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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