Wall Street brokerages predict that Kemper Corp (NYSE:KMPR) will post $1.36 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Kemper’s earnings, with the lowest EPS estimate coming in at $1.35 and the highest estimate coming in at $1.36. Kemper reported earnings of $0.70 per share in the same quarter last year, which would indicate a positive year over year growth rate of 94.3%. The company is expected to announce its next earnings results on Monday, July 29th.
According to Zacks, analysts expect that Kemper will report full year earnings of $5.73 per share for the current financial year, with EPS estimates ranging from $5.60 to $5.85. For the next year, analysts expect that the company will report earnings of $6.25 per share, with EPS estimates ranging from $5.90 to $6.60. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Kemper.
Kemper (NYSE:KMPR) last issued its earnings results on Monday, April 29th. The insurance provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.02. Kemper had a return on equity of 10.47% and a net margin of 6.83%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the company earned $1.10 EPS. The company’s revenue for the quarter was up 78.4% on a year-over-year basis.
A number of analysts have issued reports on KMPR shares. ValuEngine raised Kemper from a “hold” rating to a “buy” rating in a research note on Friday, March 1st. Zacks Investment Research raised Kemper from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a research note on Thursday, April 25th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $86.00.
In related news, SVP John Michael Boschelli sold 14,336 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $90.48, for a total transaction of $1,297,121.28. Following the completion of the sale, the senior vice president now directly owns 23,560 shares of the company’s stock, valued at approximately $2,131,708.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the stock. Enlightenment Research LLC acquired a new stake in shares of Kemper during the 4th quarter worth about $27,000. Quantamental Technologies LLC purchased a new position in Kemper during the 1st quarter valued at about $146,000. NumerixS Investment Technologies Inc boosted its holdings in Kemper by 1,000.0% during the 4th quarter. NumerixS Investment Technologies Inc now owns 2,200 shares of the insurance provider’s stock valued at $144,000 after acquiring an additional 2,000 shares during the period. Riggs Asset Managment Co. Inc. purchased a new position in Kemper during the 1st quarter valued at about $190,000. Finally, SVA Plumb Wealth Management LLC purchased a new position in Kemper during the 1st quarter valued at about $200,000. 65.75% of the stock is owned by hedge funds and other institutional investors.
Shares of KMPR traded up $0.62 during midday trading on Tuesday, reaching $87.80. The company had a trading volume of 458,485 shares, compared to its average volume of 273,820. Kemper has a 1-year low of $61.57 and a 1-year high of $91.97. The company has a market capitalization of $5.84 billion, a PE ratio of 20.09 and a beta of 1.25. The business has a 50 day simple moving average of $86.53. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.23 and a current ratio of 0.23.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 28th. Investors of record on Monday, May 13th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Friday, May 10th. Kemper’s payout ratio is 22.88%.
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.
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