Q1 2024 EPS Estimates for Kemper Co. Increased by William Blair (NYSE:KMPR)

Kemper Co. (NYSE:KMPR) – Analysts at William Blair increased their Q1 2024 earnings per share estimates for Kemper in a research note issued on Tuesday, April 23rd. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings of $1.12 per share for the quarter, up from their prior estimate of $0.72. The consensus estimate for Kemper’s current full-year earnings is $4.48 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.

Other equities research analysts also recently issued research reports about the company. 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. Piper Sandler boosted their price target on Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. TD Cowen started coverage on Kemper in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price target on the stock. Raymond James boosted their price target on Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Finally, UBS Group boosted their price target on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $70.40.

Kemper Price Performance

Shares of NYSE KMPR opened at $57.43 on Friday. Kemper has a 1-year low of $38.32 and a 1-year high of $64.69. The business has a 50-day moving average of $58.50 and a 200-day moving average of $51.99. 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 price-to-earnings ratio of -13.51 and a beta of 0.91.

Kemper (NYSE:KMPR) last issued its earnings results on Thursday, February 1st. The insurance provider reported $0.78 earnings per share for the quarter, hitting 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.

Institutional Trading of Kemper

Several institutional investors and hedge funds have recently bought and sold shares of the company. YHB Investment Advisors Inc. acquired a new stake in shares of Kemper during the 1st quarter worth approximately $25,000. Blue Trust Inc. raised its position in shares of Kemper by 211.1% during 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 during the period. CWM LLC raised its position in shares of Kemper by 257.8% during the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 348 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Kemper during the 3rd quarter worth approximately $32,000. Finally, Quest Partners LLC acquired a new stake in shares of Kemper during the 4th quarter worth approximately $66,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Kemper Dividend Announcement

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