Q3 2024 Earnings Forecast for Kemper Co. (NYSE:KMPR) Issued By William Blair

Kemper Co. (NYSE:KMPR) – Analysts at William Blair lowered their Q3 2024 EPS estimates for Kemper in a note issued to investors on Thursday, May 2nd. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings per share of $0.92 for the quarter, down from their prior estimate of $0.97. The consensus estimate for Kemper’s current full-year earnings is $4.50 per share. William Blair also issued estimates for Kemper’s Q4 2024 earnings at $1.02 EPS, FY2024 earnings at $3.95 EPS and FY2025 earnings at $4.35 EPS.

Several other brokerages have also recently issued reports on KMPR. Raymond James raised their price objective on Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. JMP Securities restated a “market outperform” rating and set a $75.00 price objective on shares of Kemper in a research note on Monday, April 15th. TD Cowen initiated coverage on Kemper in a research note on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price objective on the stock. Piper Sandler raised their price objective on Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. Finally, UBS Group raised their price objective on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. One 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. Based on data from MarketBeat.com, Kemper currently has an average rating of “Buy” and a consensus target price of $70.40.

Kemper Stock Down 0.2 %

KMPR stock opened at $60.35 on Monday. Kemper has a twelve month low of $38.32 and a twelve month high of $64.69. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $3.89 billion, a P/E ratio of -31.76 and a beta of 0.89. The firm has a 50 day simple moving average of $58.60 and a 200-day simple moving average of $52.81.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, May 1st. The insurance provider reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.02). Kemper had a positive return on equity of 3.03% and a negative net margin of 2.52%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the business posted ($1.02) EPS. The firm’s quarterly revenue was down 11.7% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Kemper by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 6,203,724 shares of the insurance provider’s stock worth $301,935,000 after acquiring an additional 28,095 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Kemper by 24.8% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,989 shares of the insurance provider’s stock valued at $180,140,000 after acquiring an additional 852,100 shares during the period. Wellington Management Group LLP lifted its stake in shares of Kemper by 3.8% during the third quarter. Wellington Management Group LLP now owns 4,125,824 shares of the insurance provider’s stock valued at $173,408,000 after acquiring an additional 150,584 shares during the period. Dimensional Fund Advisors LP increased its holdings in Kemper by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,441,496 shares of the insurance provider’s stock valued at $118,827,000 after purchasing an additional 83,618 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of Kemper by 9.6% during the 4th quarter. Schroder Investment Management Group now owns 1,820,530 shares of the insurance provider’s stock worth $88,605,000 after acquiring an additional 158,830 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

Kemper Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Monday, May 13th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, May 10th. Kemper’s dividend payout ratio is currently -65.26%.

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.