Jason Gorevic Buys 5,000 Shares of Kemper (NYSE:KMPR) Stock

Kemper Corporation (NYSE:KMPRGet Free Report) Director Jason Gorevic acquired 5,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $25.91 per share, with a total value of $129,550.00. Following the transaction, the director directly owned 31,802 shares of the company’s stock, valued at $823,989.82. The trade was a 18.66% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Kemper Price Performance

NYSE:KMPR opened at $26.60 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.17 and a current ratio of 0.17. The company has a 50-day moving average of $27.41 and a 200-day moving average of $30.16. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of -3.17 and a beta of 1.04. Kemper Corporation has a 52 week low of $22.69 and a 52 week high of $54.90.

Kemper (NYSE:KMPRGet Free Report) last posted its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.11. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm earned $1.30 EPS. The firm’s quarterly revenue was down 10.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Kemper Corporation will post 1.93 earnings per share for the current fiscal year.

Kemper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, August 21st. Kemper’s dividend payout ratio is currently -15.24%.

Analysts Set New Price Targets

KMPR has been the subject of several analyst reports. Wall Street Zen upgraded Kemper from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings downgraded shares of Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Piper Sandler reduced their price objective on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating on the stock in a research note on Thursday, May 7th. UBS Group decreased their price objective on shares of Kemper from $44.00 to $43.00 and set a “buy” rating for the company in a report on Monday. Finally, Zacks Research downgraded shares of Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Kemper presently has a consensus rating of “Reduce” and an average target price of $43.67.

Get Our Latest Report on Kemper

Institutional Investors Weigh In On Kemper

Hedge funds have recently modified their holdings of the business. Huntington National Bank grew its position in shares of Kemper by 187.1% in the 4th quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 421 shares during the period. Signaturefd LLC acquired a new stake in Kemper during the 4th quarter worth approximately $32,000. Danske Bank A S bought a new position in Kemper in the third quarter valued at approximately $36,000. Rockefeller Capital Management L.P. lifted its stake in Kemper by 616.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 946 shares of the insurance provider’s stock valued at $38,000 after buying an additional 814 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Kemper by 11,455.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,040 shares of the insurance provider’s stock valued at $42,000 after buying an additional 1,031 shares during the period. Institutional investors and hedge funds own 86.23% of the company’s stock.

Key Headlines Impacting Kemper

Here are the key news stories impacting Kemper this week:

  • Positive Sentiment: Kemper insiders collectively purchased 11,000 shares: Director Jason Gorevic bought 5,000 shares, Director Gerald Laderman bought 4,000, and CFO Bradley Camden and EVP Carl Evans each bought 1,000. The purchases, made near $26 per share, may signal that management considers the current valuation attractive. Kemper insider buying report
  • Positive Sentiment: UBS maintained a “Buy” rating and a $43 price target, despite reducing its objective slightly from $44. The target implies substantial potential upside if Kemper’s earnings and underwriting performance improve. UBS rating on Kemper
  • Positive Sentiment: The company’s quarterly dividend of $0.32 per share remains a potential attraction for income-oriented investors, representing $1.28 annually and an indicated yield of approximately 4.9% at recent trading levels.
  • Neutral Sentiment: Kemper’s latest earnings call is drawing investor attention, with analysts focusing on five key questions about the quarter and the company’s outlook. The discussion may provide additional insight into insurance profitability, claims trends and the path to improving results. Analyst questions from Kemper’s Q2 earnings call
  • Neutral Sentiment: Second-quarter EPS of $0.45 exceeded the $0.34 consensus estimate, but revenue of $1.09 billion missed expectations of $1.16 billion. The mixed result offers a near-term earnings cushion but does not yet demonstrate a clear growth recovery.
  • Negative Sentiment: Revenue fell 10.8% year over year, while EPS declined from $1.30 in the comparable period. Kemper also reported a negative net margin, reinforcing concerns about the health of its insurance operations.
  • Negative Sentiment: Analyst sentiment remains unfavorable overall, with a consensus “Reduce” rating and more Sell or Hold recommendations than Buys. Piper Sandler cut its target to $28, and UBS also trimmed its target, limiting the impact of the UBS upgrade in sentiment.

About Kemper

(Get Free Report)

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.

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