Kemper Corporation (KMPR) has shown strong financial performance, with a market cap of $4.39B and a P/E ratio of 16.34. Recent reports highlight strong Q4 results, including a quarterly revenue of $1.19 billion and a net profit of $95.7 million, indicating growth compared to the previous year. The company has also raised its quarterly dividend to 32c from 31c per share, signaling confidence in its financial health.
Analysts have maintained a Strong Buy rating on KMPR, with a consensus price target of $84.25, representing a 19.61% upside from current levels. Notably, JMP Securities analyst Matthew Carletti reiterated a Buy rating with a price target of $85.00, while Raymond James maintained a Buy rating with a $82.00 price target.
The stock is currently trading at $65.28, with key Fibonacci levels indicating resistance at $68.37 and $69.51, and support at $64.68 and $63.54. The RSI (14) is at 50.81, indicating a neutral position, while the MACD is slightly bearish but close to zero.
Based on the strong analyst consensus, positive earnings momentum, and reasonable valuation, KMPR is expected to rise in the next trading week. The stock is predicted to reach a price target of $68.50.
Recommendation: Buy KMPR at current levels, as the combination of strong fundamentals and bullish analyst sentiment suggests upside potential.
The price of KMPR is predicted to go up -1.65%, based on the high correlation periods with GNL. The similarity of these two price pattern on the periods is 91.36%.
KMPR
GNL
Raymond James
2024-12-26
Price Target
$75 → $82
Upside
+24.15%