Kemper Corporation Stock Overview and Dividend Information

Kemper Corporation is a leading insurance and reinsurance company that has been around for over 60 years. It was founded in 1967 by William E. Kemper Jr.

The company has a diverse portfolio of insurance products, including property and casualty insurance, life insurance, and health insurance. Its reinsurance business provides coverage to other insurance companies.

Kemper Corporation is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol KMPR.

Kemper Corporation's financial performance has been a mixed bag in recent years. The company's revenue has decreased by -10.49% in 2023 compared to the previous year.

In 2022, Kemper reported a net loss of $76.2 million, or $(1.19) per diluted share, for Q3. Adjusted losses were $72.7 million, compared to $68.6 million in the prior year.

The company's revenue growth has been a concern, with a -1.7% year-over-year (YOY) decrease in revenue growth. However, earnings growth has been strong, with a 94.7% YOY increase.

Here's a breakdown of Kemper's financial performance:

Kemper's profit margin has been relatively stable, at 5.86%.

Kemper Corporation reported a net loss of $76.2 million for Q3 2022, which is slightly worse than the $75.3 million loss in Q3 2021.

The company's adjusted losses were $72.7 million, compared to $68.6 million in the prior year. This includes an $8.8 million loss from equity securities and catastrophe losses of $27 million, primarily from Hurricane Ian.

Despite a decrease in total revenues to $1.38 billion, specialty auto profitability improved with net written premiums in commercial vehicles growing 34%.

Kemper declared a quarterly dividend of $0.31 per share, payable on December 1, 2022, to shareholders of record as of November 15, 2022.

Here are some key Q3 2022 operating results for Kemper Corporation:

Kemper serves over 6.2 million policies and has approximately $14 billion in assets.

Kemper Corporation releases its earnings quarterly, with the exact dates announced in advance.

The company's fourth quarter 2022 earnings release is scheduled for February 2, 2023, after market close.

A conference call is scheduled for the same day at 5:00 PM Eastern, allowing investors to discuss the results with Kemper's management team.

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Kemper Corporation will release its third quarter 2022 earnings on November 2, 2022.

The earnings release will be followed by a call at 5:00 p.m. Eastern on the same day, which can be accessed via phone or webcast.

Kemper serves over 6.2 million policies and has approximately $14 billion in assets.

The company anticipates pre-tax catastrophe losses due to Hurricane Ian to be between $25 million and $30 million, with no expected recovery from reinsurance.

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Kemper Corporation will release its fourth quarter 2022 earnings on February 2, 2023, after market close.

The preliminary results indicate a net loss between $50 million and $65 million, and an adjusted net operating loss of $25 million to $35 million.

Kemper Auto reported a combined ratio of 109% for Q4, while Kemper Personal Insurance reported a combined ratio of 111% for the same quarter.

A conference call is scheduled for February 2, 2023, at 5:00 PM Eastern to discuss the earnings release.

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