The price of Kemper Corporation (NYSE:KMPR) shares last traded on Wall Street fell -3.33% to $61.92.
KMPR stock price is now 5.80% away from the 50-day moving average and 25.81% away from the 200-day moving average. The market capitalization of the company currently stands at $3.98B.
With the price target of $70, TD Cowen recently initiated with Outperform rating for Kemper Corporation (NYSE: KMPR). On October 06, 2023, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock reducing its target price from $55 to quote $47, while ‘Credit Suisse’ rates the stock as ‘Outperform’
In other news, Paracchini Alberto J, Director bought 400 shares of the company’s stock on Dec 11 ’23. The stock was bought for $19,008 at an average price of $47.52. Upon completion of the transaction, the Director now directly owns 4,398 shares in the company, valued at $0.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 28 ’23, President and CEO LACHER JOSEPH P JR bought 5,000 shares of the business’s stock. A total of $216,000 was incurred on buying the stock at an average price of $43.20. This leaves the insider owning 5,000 shares of the company worth $0.31 million. A total of 4.65% of the company’s stock is owned by insiders.
During the past 12 months, Kemper Corporation has had a low of $38.32 and a high of $64.30. The fifty day moving average price for KMPR is $58.52 and a two-hundred day moving average price translates $49.22 for the stock.
The latest earnings results from Kemper Corporation (NYSE: KMPR) was released for Dec, 2023. According to the Insurance – Property & Casualty Company, earnings per share came in at $0.78, beating analysts’ expectations of $0.72 by 0.06. This compares to -$0.84 EPS in the same period last year. The net profit margin was -5.50% and return on equity was -11.00% for KMPR. The company reported revenue of $1.19 billion for the quarter, compared to $1.37 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.63 percent. For the current quarter, analysts expect KMPR to generate $985.51M in revenue.
