Kemper (KMPR) to Release Earnings on Wednesday

Kemper (NYSE:KMPR) is set to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect Kemper to post earnings of $1.30 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Kemper (NYSE:KMPR) last posted its earnings results on Monday, August 5th. The insurance provider reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.23. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Kemper had a net margin of 1.11% and a return on equity of 7.27%. The business’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.26) earnings per share. On average, analysts expect Kemper to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Kemper Price Performance

Shares of NYSE:KMPR opened at $63.02 on Monday. The firm has a 50 day simple moving average of $61.50 and a 200 day simple moving average of $60.41. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 80.80 and a beta of 0.85. Kemper has a one year low of $38.52 and a one year high of $65.93. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.22 and a quick ratio of 0.22.

Kemper Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 19th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend was Monday, August 19th. Kemper’s dividend payout ratio (DPR) is 158.98%.

Analysts Set New Price Targets

A number of analysts have recently commented on KMPR shares. UBS Group lifted their price target on Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. JMP Securities reiterated a “market outperform” rating and set a $85.00 price target on shares of Kemper in a report on Tuesday, October 15th. Raymond James increased their price objective on Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a report on Thursday, August 8th. StockNews.com cut Kemper from a “buy” rating to a “hold” rating in a research note on Sunday, September 8th. Finally, Piper Sandler upped their target price on Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $76.20.

About Kemper

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.