Kemper (NYSE:KMPR) announced its earnings results on Monday. The insurance provider reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.14, MarketWatch Earnings reports. Kemper had a net margin of 6.63% and a return on equity of 9.56%. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company earned $0.60 earnings per share. The firm’s revenue was up 67.8% on a year-over-year basis.
Shares of NYSE KMPR opened at $77.77 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market capitalization of $4.88 billion, a PE ratio of 47.42 and a beta of 1.15. Kemper has a 1 year low of $50.85 and a 1 year high of $87.00.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 15th. This is a boost from Kemper’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.29%. Kemper’s dividend payout ratio is 58.54%.
A number of analysts have commented on KMPR shares. Zacks Investment Research raised shares of Kemper from a “sell” rating to a “hold” rating in a report on Wednesday, November 7th. JMP Securities raised shares of Kemper from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 8th. Keefe, Bruyette & Woods assumed coverage on shares of Kemper in a research note on Thursday, November 1st. They issued a “market perform” rating and a $80.00 price objective for the company. Finally, Sandler O’Neill raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $82.50.
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Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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