Wall Street brokerages forecast that Kemper Corp (NYSE:KMPR) will post $0.90 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Kemper’s earnings. The highest EPS estimate is $1.03 and the lowest is $0.70. Kemper posted earnings of $0.41 per share in the same quarter last year, which would indicate a positive year over year growth rate of 119.5%. The company is scheduled to announce its next earnings report on Tuesday, August 7th.
On average, analysts expect that Kemper will report full-year earnings of $4.34 per share for the current year, with EPS estimates ranging from $4.31 to $4.35. For the next year, analysts anticipate that the firm will report earnings of $4.58 per share, with EPS estimates ranging from $4.38 to $4.80. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Kemper.
Kemper (NYSE:KMPR) last released its quarterly earnings results on Monday, April 30th. The insurance provider reported $1.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.41. Kemper had a net margin of 6.33% and a return on equity of 7.06%. The company had revenue of $693.00 million during the quarter, compared to the consensus estimate of $688.45 million. During the same period in the prior year, the firm earned ($0.08) earnings per share. Kemper’s revenue was up 6.4% on a year-over-year basis.
A number of equities analysts recently issued reports on KMPR shares. ValuEngine raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. William Blair reaffirmed a “buy” rating on shares of Kemper in a research note on Tuesday, May 1st. Finally, Zacks Investment Research downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research note on Wednesday, April 18th. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. The company has a consensus rating of “Strong Buy” and a consensus target price of $67.50.
Kemper opened at $75.05 on Tuesday, MarketBeat Ratings reports. Kemper has a 1 year low of $36.35 and a 1 year high of $82.53. The stock has a market capitalization of $3.91 billion, a P/E ratio of 45.76 and a beta of 1.08. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.29.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 29th. Shareholders of record on Monday, May 14th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Friday, May 11th. Kemper’s dividend payout ratio is 58.54%.
In other Kemper news, Director George N. Cochran bought 500 shares of the firm’s stock in a transaction on Wednesday, May 2nd. The stock was acquired at an average price of $68.55 per share, with a total value of $34,275.00. Following the completion of the purchase, the director now owns 8,508 shares of the company’s stock, valued at $583,223.40. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.92% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently made changes to their positions in KMPR. Teacher Retirement System of Texas bought a new stake in shares of Kemper during the fourth quarter valued at approximately $978,000. California Public Employees Retirement System increased its position in shares of Kemper by 2.0% during the fourth quarter. California Public Employees Retirement System now owns 142,394 shares of the insurance provider’s stock valued at $9,811,000 after acquiring an additional 2,853 shares in the last quarter. Swiss National Bank increased its position in shares of Kemper by 1.9% during the fourth quarter. Swiss National Bank now owns 69,200 shares of the insurance provider’s stock valued at $4,768,000 after acquiring an additional 1,300 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Kemper by 18.9% during the fourth quarter. Wells Fargo & Company MN now owns 73,680 shares of the insurance provider’s stock valued at $5,077,000 after acquiring an additional 11,727 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Kemper by 9.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 109,572 shares of the insurance provider’s stock valued at $7,549,000 after acquiring an additional 9,242 shares in the last quarter. 62.77% of the stock is owned by institutional investors.
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.
Get a free copy of the Zacks research report on Kemper (KMPR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Kemper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper and related companies with MarketBeat.com's FREE daily email newsletter.