Market Cap
US$4.9b
Last Updated
2020/04/10 00:21 UTC
Data Sources
Company Financials +
Executive Summary
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -8.7% per year for the next 3 years
Snowflake Analysis
Solid track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Kemper's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KMPR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
11.8%
KMPR
13.0%
US Insurance
9.4%
US Market
1 Year Return
-12.0%
KMPR
-15.4%
US Insurance
-6.8%
US Market
Return vs Industry: KMPR exceeded the US Insurance industry which returned -17% over the past year.
Return vs Market: KMPR underperformed the US Market which returned -8.1% over the past year.
Shareholder returns
| KMPR | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.8% | 13.0% | 9.4% |
| 30 Day | 6.2% | -8.8% | -3.9% |
| 90 Day | -5.9% | -23.6% | -16.5% |
| 1 Year | -10.8%-12.0% | -13.3%-15.4% | -4.8%-6.8% |
| 3 Year | 94.9%86.2% | 2.3%-5.9% | 23.4%15.2% |
| 5 Year | 108.6%88.6% | 25.8%10.5% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is Kemper's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Kemper Corporation's (NYSE:KMPR) CEO Paid Enough Relative To Peers?1 month ago | Simply Wall St
When Should You Buy Kemper Corporation (NYSE:KMPR)?2 months ago | Simply Wall St
Should You Buy Kemper Corporation (NYSE:KMPR) For Its Upcoming Dividend In 3 Days?Valuation
Is Kemper undervalued compared to its fair value and its price relative to the market?
42.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KMPR ($72.99) is trading below our estimate of fair value ($127.57)
Significantly Below Fair Value: KMPR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KMPR is poor value based on its PE Ratio (9.1x) compared to the Insurance industry average (8.8x).
PE vs Market: KMPR is good value based on its PE Ratio (9.1x) compared to the US market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: KMPR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KMPR is overvalued based on its PB Ratio (1.2x) compared to the US Insurance industry average (0.8x).
Next Steps
Future Growth
How is Kemper forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-8.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KMPR's earnings are forecast to decline over the next 3 years (-8.7% per year).
Earnings vs Market: KMPR's earnings are forecast to decline over the next 3 years (-8.7% per year).
High Growth Earnings: KMPR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KMPR's revenue (5.7% per year) is forecast to grow slower than the US market (6.9% per year).
High Growth Revenue: KMPR's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KMPR's Return on Equity is forecast to be low in 3 years time (12%).
Next Steps
Past Performance
How has Kemper performed over the past 5 years?
42.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KMPR has high quality earnings.
Growing Profit Margin: KMPR's current net profit margins (10.5%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: KMPR's earnings have grown significantly by 42.9% per year over the past 5 years.
Accelerating Growth: KMPR's earnings growth over the past year (182.5%) exceeds its 5-year average (42.9% per year).
Earnings vs Industry: KMPR earnings growth over the past year (182.5%) exceeded the Insurance industry 43.7%.
Return on Equity
High ROE: KMPR's Return on Equity (13.4%) is considered low.
Next Steps
Financial Health
How is Kemper's financial position?
Financial Position Analysis
Short Term Liabilities: KMPR's short term assets ($2.0B) do not cover its short term liabilities ($3.4B).
Long Term Liabilities: KMPR's short term assets ($2.0B) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: KMPR's debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: KMPR's debt to equity ratio has reduced from 36% to 19.6% over the past 5 years.
Debt Coverage: KMPR's debt is well covered by operating cash flow (68.6%).
Interest Coverage: KMPR's interest payments on its debt are well covered by EBIT (19.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Kemper's current dividend yield, its reliability and sustainability?
1.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KMPR's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: KMPR's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (5.26%).
Stability and Growth of Payments
Stable Dividend: KMPR's dividends per share have been stable in the past 10 years.
Growing Dividend: KMPR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.8%), KMPR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KMPR's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Joe Lacher (50yo)
4.42s
Tenure
US$8,560,950
Compensation
Mr. Joseph Patrick Lacher, Jr., also known as Joe, has been the President, Chief Executive Officer and Director of Kemper Corporation since November 11, 2015. From November 2009 to July 2011, Mr. Lacher wa ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD8.56M) is about average for companies of similar size in the US market ($USD7.40M).
Compensation vs Earnings: Joe's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.42yrs | US$8.56m | 0.11% $5.2m | |
| Executive VP & CFO | 3.42yrs | US$2.82m | 0.048% $2.3m | |
| Executive VP & Chief Investment Officer | 10.92yrs | US$2.24m | 0.032% $1.5m | |
| Executive VP and President of Property & Casualty Division | no data | US$2.85m | 0.012% $603.9k | |
| Executive VP and Chief Actuary & Strategic Analytics Officer | 1.17yrs | US$3.47m | 0.0039% $189.7k | |
| Executive Vice President of Operations & Systems | 3.08yrs | US$1.36m | 0.019% $938.0k | |
| Senior VP | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 4.92yrs | no data | 0.063% $3.1m | |
| Assistant Vice President of Corporate Communications | 2.25yrs | no data | no data |
3.4yrs
Average Tenure
51yo
Average Age
Experienced Management: KMPR's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.42yrs | US$8.56m | 0.11% $5.2m | |
| Independent Director | 9.92yrs | US$230.72k | 0.015% $729.7k | |
| Independent Director | 0.17yr | no data | no data | |
| Independent Director | 5.17yrs | US$255.44k | 0.0048% $234.1k | |
| Independent Non-Executive Chairman | 4.42yrs | US$359.72k | 0.0045% $219.0k | |
| Director | 6.92yrs | US$225.13k | no data | |
| Independent Director | 5.17yrs | US$242.44k | no data | |
| Independent Director | 2.67yrs | US$226.29k | 0.0015% $73.2k | |
| Independent Director | 3.67yrs | US$226.68k | no data | |
| Independent Director | 1.75yrs | US$233.34k | 0.016% $796.6k |
4.4yrs
Average Tenure
63yo
Average Age
Experienced Board: KMPR's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KMPR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.3%.
Top Shareholders
Company Information
Kemper Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kemper Corporation
- Ticker: KMPR
- Exchange: NYSE
- Founded: 1990
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$4.878b
- Shares outstanding: 66.83m
- Website: https://www.kemper.com
Number of Employees
Location
- Kemper Corporation
- 200 East Randolph Street
- Suite 3300
- Chicago
- Illinois
- 60601
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KMPR | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Apr 1990 |
| UI2 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Apr 1990 |
| KMPR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REP 0.5 COM USD0.10 | BR | BRL | May 2019 |
Biography
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance. It provides automobile, homeowners, renters, fire, umbrella, general liability, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses. The company also offers life insurance, including permanent and term insurance, as well as supplemental accident and health insurance products; 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 founded in 1990 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 00:21 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.