Kemper Corporation (KMPR) Expected to Post Earnings of $0.54 Per Share

Analysts forecast that Kemper Corporation (NYSE:KMPR) will report $0.54 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Kemper’s earnings. The lowest EPS estimate is $0.50 and the highest is $0.57. Kemper posted earnings per share of $0.56 in the same quarter last year, which indicates a negative year over year growth rate of 3.6%. The firm is expected to report its next quarterly earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Kemper will report full-year earnings of $1.74 per share for the current year, with EPS estimates ranging from $1.70 to $1.77. For the next fiscal year, analysts anticipate that the business will report earnings of $2.80 per share, with EPS estimates ranging from $2.50 to $3.10. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Kemper.

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, beating analysts’ consensus estimates of $0.28 by $0.57. The company had revenue of $690.30 million for the quarter, compared to analyst estimates of $680.90 million. Kemper had a net margin of 4.32% and a return on equity of 4.47%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.40) earnings per share.

A number of analysts have recently weighed in on the stock. ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of Kemper from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, BidaskClub raised shares of Kemper from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 5th. Three analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $55.50.

Kemper (KMPR) traded down $0.45 on Friday, hitting $68.15. 260,700 shares of the stock were exchanged, compared to its average volume of 169,497. The stock has a market capitalization of $3,529.56, a price-to-earnings ratio of 39.42 and a beta of 1.19. Kemper has a 12 month low of $36.35 and a 12 month high of $71.52. 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 business also recently declared a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Monday, November 13th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, November 10th. Kemper’s payout ratio is currently 43.24%.

Hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in Kemper by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 144,822 shares of the insurance provider’s stock worth $5,590,000 after purchasing an additional 9,116 shares during the period. USA Financial Portformulas Corp acquired a new position in Kemper in the third quarter worth $549,000. Eaton Vance Management acquired a new position in Kemper in the second quarter worth $521,000. Rafferty Asset Management LLC acquired a new position in Kemper in the second quarter worth $4,424,000. Finally, Chicago Equity Partners LLC acquired a new position in Kemper in the third quarter worth $2,623,000. 57.74% of the stock is owned by institutional investors and hedge funds.

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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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