Kemper Co. (NYSE:KMPR – Free Report) – Investment analysts at William Blair upped their Q1 2024 earnings per share estimates for Kemper in a research report issued on Tuesday, April 23rd. William Blair analyst A. Klauber now expects that the insurance provider will post earnings of $1.12 per share for the quarter, up from their previous estimate of $0.72. The consensus estimate for Kemper’s current full-year earnings is $4.22 per share. William Blair also issued estimates for Kemper’s FY2024 earnings at $4.02 EPS, Q1 2025 earnings at $1.02 EPS, Q2 2025 earnings at $1.02 EPS, Q3 2025 earnings at $1.20 EPS and Q4 2025 earnings at $1.31 EPS.
Kemper (NYSE:KMPR – Get Free Report) last released 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. Kemper had a negative return on equity of 2.37% and a negative net margin of 5.50%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.21 billion.
Check Out Our Latest Report on KMPR
Kemper Stock Performance
Kemper stock opened at $57.42 on Friday. The business has a 50 day moving average of $58.50 and a 200-day moving average of $51.93. Kemper has a 1 year low of $38.32 and a 1 year 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 has a market capitalization of $3.69 billion, a P/E ratio of -13.51 and a beta of 0.91.
Kemper Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Shareholders of record on Tuesday, February 20th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend was Friday, February 16th. Kemper’s payout ratio is -29.18%.
Hedge Funds Weigh In On Kemper
Institutional investors and hedge funds have recently modified their holdings of the business. YHB Investment Advisors Inc. bought a new position in shares of Kemper in the 1st quarter worth $25,000. Blue Trust Inc. lifted its holdings in shares of Kemper by 211.1% in the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 361 shares in the last quarter. CWM LLC lifted its holdings in shares of Kemper by 257.8% in the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 348 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Kemper in the 3rd quarter worth $32,000. Finally, Quest Partners LLC bought a new position in shares of Kemper in the 4th quarter worth $66,000. 86.23% of the stock is currently owned by institutional investors.
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.
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