The stock of Kemper Corporation (NYSE:KMPR) last traded at $57.31, up 2.56% from the previous session.
Data from the available sources indicates that Kemper Corporation (NYSE:KMPR) is covered by 7 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $85.00 and a low of $56.00, we find $68.00. Given the previous closing price of $55.88, this indicates a potential upside of 21.69 percent. KMPR stock price is now -2.70% away from the 50-day moving average and 12.05% away from the 200-day moving average. The market capitalization of the company currently stands at $3.76B.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
In total, 4 analysts have assigned it a hold rating, and 3 have given it a buy rating. Brokers who have rated the stock have averaged $69.80 as their price target over the next twelve months.
With the price target enhanced from $60 to $80, Raymond James Upgraded its rating from Outperform to Strong Buy for Kemper Corporation (NYSE: KMPR). On January 30, 2023, Credit Suisse Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock increasing its target price from $44 to quote $56, while ‘Raymond James’ rates the stock as ‘Outperform’.
In other news, Paracchini Alberto J, Director bought 500 shares of the company’s stock on Feb 14. The stock was bought for $31,815 at an average price of $63.63. Upon completion of the transaction, the Director now directly owns 1,065 shares in the company, valued at $61035.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07, Director Whiting Susan D sold 1,000 shares of the business’s stock. A total of $66,540 was realized by selling the stock at an average price of $66.54. This leaves the insider owning 9,098 shares of the company worth $0.52 million. Insiders disposed of 5,394 shares of company stock worth roughly $0.31 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KMPR stock. A new stake in Kemper Corporation shares was purchased by MILLENNIUM MANAGEMENT LLC during the first quarter worth $10,169,000. CWA ASSET MANAGEMENT GROUP, LLC invested $6,062,000 in shares of KMPR during the first quarter. In the first quarter, PUTNAM INVESTMENTS LLC acquired a new stake in Kemper Corporation valued at approximately $4,288,000. RENAISSANCE TECHNOLOGIES LLC acquired a new stake in KMPR for approximately $3,577,000. AGF MANAGEMENT LTD purchased a new stake in KMPR valued at around $3,532,000 in the second quarter. In total, there are 296 active investors with 82.50% ownership of the company’s stock.
With an opening price of $55.48 on Thursday morning, Kemper Corporation (NYSE: KMPR) set off the trading day. During the past 12 months, Kemper Corporation has had a low of $40.65 and a high of $68.15. The fifty day moving average price for KMPR is $58.90 and a two-hundred day moving average price translates $51.15 for the stock.
The latest earnings results from Kemper Corporation (NYSE: KMPR) was released for Dec, 2022. The net profit margin was -5.30% and return on equity was -10.80% for KMPR. For the current quarter, analysts expect KMPR to generate $1.32B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/02/2020. Investors who held shares on 11/16/2020 were paid a $0.30 dividend. On an annualized basis, this represents a $1.24 dividend and a 2.16% percent yield. There was an ex-dividend date of 11/13/2020 for this dividend.
Kemper Corporation(KMPR) 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. It provides preferred and specialty automobile, homeowners, renters, fire, umbrella, general liability, and various other property and casualty insurance to individuals, as well as commercial automobile insurance to businesses. The company also offers life insurance, including permanent and term insurance; and supplemental accident and health insurance products, such as Medicare supplement insurance, fixed hospital indemnity, home health care, specified disease, and accident-only plans to individuals in rural, suburban, and urban areas. It distributes its products through independent agents and brokers. The company was formerly known as Unitrin, Inc. and changed its name to Kemper Corporation in August 2011. Kemper Corporation was incorporated in 1990 and is headquartered in Chicago, Illinois.
