Q2 2024 EPS Estimates for Kemper Co. Raised by William Blair (NYSE:KMPR)

Kemper Co. (NYSE:KMPR) – Analysts at William Blair increased their Q2 2024 earnings per share estimates for shares of Kemper in a report released on Tuesday, April 23rd. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $0.84 per share for the quarter, up from their previous estimate of $0.83. The consensus estimate for Kemper’s current full-year earnings is $4.22 per share. William Blair also issued estimates for Kemper’s Q3 2024 earnings at $0.97 EPS, Q4 2024 earnings at $1.08 EPS and FY2025 earnings at $4.55 EPS.

Several other equities research analysts have also weighed in on KMPR. TD Cowen started coverage on Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price on the stock. Piper Sandler increased their target price on Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $75.00 target price on shares of Kemper in a research report on Monday, April 15th. Raymond James increased their target price on Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, UBS Group increased their target price on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $70.40.

Kemper Price Performance

Shares of NYSE KMPR opened at $57.42 on Thursday. 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 business’s fifty day moving average price is $58.50 and its two-hundred day moving average price is $51.93. The firm has a market capitalization of $3.69 billion, a PE ratio of -13.51 and a beta of 0.91.

Kemper (NYSE:KMPR) last posted its quarterly earnings results 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 business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion.

Hedge Funds Weigh In On Kemper

Hedge funds and other institutional investors have recently modified their holdings of the stock. YHB Investment Advisors Inc. acquired a new position in shares of Kemper in the 1st quarter valued at $25,000. Blue Trust Inc. boosted its position in shares of Kemper by 211.1% in the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 361 shares during the period. CWM LLC boosted its position in shares of Kemper by 257.8% in the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 348 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Kemper in the 3rd quarter valued at $32,000. Finally, Quest Partners LLC purchased a new stake in Kemper in the 4th quarter worth about $66,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Tuesday, February 20th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, February 16th. This represents a $1.24 annualized dividend and a yield of 2.16%. Kemper’s dividend payout ratio is currently -29.18%.

Kemper Company Profile

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.