Kemper (NYSE:KMPR) Given New $82.00 Price Target at Raymond James

Kemper (NYSE:KMPRGet Free Report) had its price objective boosted by analysts at Raymond James from $75.00 to $82.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “strong-buy” rating on the insurance provider’s stock. Raymond James’ price objective points to a potential upside of 25.81% from the company’s previous close.

A number of other equities research analysts have also weighed in on the stock. JMP Securities restated a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. StockNews.com lowered shares of Kemper from a “buy” rating to a “hold” rating in a report on Thursday. Finally, TD Cowen boosted their target price on shares of Kemper from $72.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Kemper has an average rating of “Buy” and an average price target of $80.40.

Check Out Our Latest Stock Report on Kemper

Kemper Trading Down 1.3 %

KMPR opened at $65.18 on Thursday. Kemper has a 1-year low of $48.15 and a 1-year high of $73.01. The company has a market cap of $4.17 billion, a P/E ratio of 15.52 and a beta of 0.88. The company has a fifty day moving average price of $67.36 and a two-hundred day moving average price of $63.21. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50.

Kemper (NYSE:KMPRGet Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.28. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.44) EPS. Analysts predict that Kemper will post 5.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Kemper

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after buying an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Kemper by 5,590.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after purchasing an additional 559 shares in the last quarter. Quarry LP boosted its stake in shares of Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 329 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Kemper in the 3rd quarter worth $46,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Kemper during the 3rd quarter worth approximately $82,000. Institutional investors own 86.23% of the company’s stock.

About Kemper

(Get Free Report)

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.

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