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Kemper (KMPR)

Market Price (6/22/2026): $25.04 | Market Cap: $1.5 BilSector: Financials | Industry: Multi-line Insurance

Kemper (KMPR)

Market Price (6/22/2026): $25.04
Market Cap: $1.5 Bil
Sector: Financials
Industry: Multi-line Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, Dividend Yield is 5.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 31%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37%

Low stock price volatility
Vol 12M is 42%

Megatrend and thematic drivers
Megatrends include Future of Insurance. Themes include Digital Claims Management, Data-Driven Underwriting, and Personalized Risk Management.

Weak multi-year price returns
2Y Excs Rtn is -92%, 3Y Excs Rtn is -112%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 21x, P/EPrice/Earnings or Price/(Net Income) is 35x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.4%, Rev Chg QQuarterly Revenue Change % is -7.6%

Key risks
KMPR key risks include [1] its significant concentration in the California and Florida personal automobile insurance markets and [2] persistent profitability challenges, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, Dividend Yield is 5.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 31%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37%
3 Low stock price volatility
Vol 12M is 42%
4 Megatrend and thematic drivers
Megatrends include Future of Insurance. Themes include Digital Claims Management, Data-Driven Underwriting, and Personalized Risk Management.
5 Weak multi-year price returns
2Y Excs Rtn is -92%, 3Y Excs Rtn is -112%
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 21x, P/EPrice/Earnings or Price/(Net Income) is 35x
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.4%, Rev Chg QQuarterly Revenue Change % is -7.6%
8 Key risks
KMPR key risks include [1] its significant concentration in the California and Florida personal automobile insurance markets and [2] persistent profitability challenges, Show more.

KMPR in ETFs

Weight = KMPR's share of each fund

VTI0.00%
ITOT0.00%
IWB0.00%
IJR0.11%
VYM0.01%
VB0.02%
IJS0.21%
SLYV0.17%
+11 more covered ETFs

Valuation & Metrics

FYE: 12/31KMPR [1]S&P 500 [2]
REVENUE GROWTH
LTM Revenue [3]$4.7 Bil—
FY 2026 Sales$4.6 Bil—
FY 2027 Sales$4.9 Bil—
FY 2026 Sales Growth-2.3%—
FY 2027 Sales Growth7.3%7.7%
EARNINGS
LTM Net Income (GAAP) [3]$41.9 Mil—
FY 2026 Net Income (Non-GAAP)$96.8 Mil—
FY 2027 Net Income (Non-GAAP)$235.2 Mil—
FY 2027 Net Income Growth143.0%15.0%
FY 2026 EPS (Non-GAAP)$2.06—
FY 2027 EPS (Non-GAAP)$4.39—
FY 2027 EPS Growth112.7%—
VALUATION
FY 2026 P/S0.33.2
FY 2027 P/S0.3—
FY 2026 P/E15.220.5
FY 2027 P/E6.3—

[1] KMPR forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
[2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 6/30/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
[3] LTM = reported trailing-twelve-month actuals (GAAP).
KMPRS&P 500
REVENUE GROWTHVERY POOR
Rev LTM ($ Bil)4.7
Rev Chg Q-7.6%8.8%
Rev Chg LTM0.3%7.5%
Rev Chg 3Y Avg-4.4%5.9%
PROFITABILITYVERY POOR
Op Inc LTM ($ Bil)�
CFO LTM ($ Bil)0.5
Net Inc LTM ($ Bil)0.0
CFO/Rev LTM10.5%21.4%
Net Inc Mgn0.9%13.0%
VALUATIONMODERATE
P/S0.33.2
P/CFO3.014.9
P/FCF3.219.1
P/E35.124.2

AI Analysis | Feedback

MetricValueDateSource
Policies in Force Growth (Year-over-Year)0.6%9302025Link
P&C Underlying Combined Ratio99.6%9302025Link
Personal Auto Combined Ratio102.1%9302025Link
Commercial Auto Combined Ratio91.1%9302025Link
Book Value Per Share Growth (Year-over-Year)4.8%9302025Link
Return on Equity-3%9302025Link
Number of Policies46000001172025Link
Number of Agents and Brokers242001172025Link
Number of Associates75001172025Link
Net Promoter Score-271172025Link

Price Chart

No Events

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/5/2026

Kemper (KMPR) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Significant Underperformance in Fiscal Q1 2026 Earnings.

Kemper reported a substantial decline in its fiscal Q1 2026 results, released on May 6, 2026, with a net loss of $1.7 million, or $(0.03) per share. This compares to a net income of $99.7 million, or $1.54 per diluted share, in fiscal Q1 2025. Adjusted consolidated net operating income was $0.21 per share, missing analysts' consensus estimates of $0.81 by $0.60 per share. Total revenues also decreased 7.2% year-over-year to $1.11 billion, falling short of the consensus estimate of $1.17 billion.

2. Mounting Losses in the Specialty Personal Automobile Segment.

The company's Specialty Property & Casualty segment experienced a sharp drop in adjusted net operating income, falling from $97.9 million in fiscal Q1 2025 to $0.1 million in fiscal Q1 2026. This was primarily driven by elevated loss costs in California's personal auto market due to increased liability limits and ongoing legal system pressures. Additionally, the segment was impacted by $28.0 million in Florida Statutory Profit Limit Refunds. The combined ratio for fiscal Q1 2026 increased to 106.7%, indicating significant underwriting pressure and losses.

Show more
Updated on 6/5/2026

Kemper (KMPR) stock has lost about 20% since 2/28/2026 because of the following key factors:

1. Significant Underperformance in Fiscal Q1 2026 Earnings.

Kemper reported a substantial decline in its fiscal Q1 2026 results, released on May 6, 2026, with a net loss of $1.7 million, or $(0.03) per share. This compares to a net income of $99.7 million, or $1.54 per diluted share, in fiscal Q1 2025. Adjusted consolidated net operating income was $0.21 per share, missing analysts' consensus estimates of $0.81 by $0.60 per share. Total revenues also decreased 7.2% year-over-year to $1.11 billion, falling short of the consensus estimate of $1.17 billion.

2. Mounting Losses in the Specialty Personal Automobile Segment.

The company's Specialty Property & Casualty segment experienced a sharp drop in adjusted net operating income, falling from $97.9 million in fiscal Q1 2025 to $0.1 million in fiscal Q1 2026. This was primarily driven by elevated loss costs in California's personal auto market due to increased liability limits and ongoing legal system pressures. Additionally, the segment was impacted by $28.0 million in Florida Statutory Profit Limit Refunds. The combined ratio for fiscal Q1 2026 increased to 106.7%, indicating significant underwriting pressure and losses.

3. Negative Analyst Sentiment and Downgrades.

Analysts have expressed negative sentiment and issued downgrades for Kemper during this period. For example, Piper Sandler maintained an "Underweight" rating and lowered its price target to $28.00 on May 7, 2026. Citizens downgraded the stock to "Market Perform" on February 5, 2026, and William Blair issued an "Underperform" rating on December 18, 2025. The consensus analyst rating has shifted to "Reduce" or "Moderate Sell" from some firms, with an average price target significantly above the current trading price, suggesting a cautious outlook.

4. CEO Transition Amidst Operational Challenges.

Effective June 1, 2026, Stephen J. McAnena was appointed as President, Chief Executive Officer, and a board member, replacing former CEO Joe Lacher Jr. This leadership change occurred during a period of significant operational and financial challenges for the company, which may have contributed to market uncertainty and a loss of investor confidence in the company's near-term earnings power.

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Stock Movement Drivers

Fundamental Drivers

The -21.7% change in KMPR stock from 2/28/2026 to 6/21/2026 was primarily driven by a -70.2% change in the company's Net Income Margin (%).
(LTM values as of)22820266212026Change
Stock Price ($)31.9725.03-21.7%
Change Contribution By: 
Total Revenues ($ Mil)4,7834,693-1.9%
Net Income Margin (%)3.0%0.9%-70.2%
P/E Multiple13.135.1167.6%
Shares Outstanding (Mil)59590.0%
Cumulative Contribution-21.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/21/2026
ReturnCorrelation
KMPR-21.7% 
Market (SPY)9.2%12.0%
Sector (XLF)4.7%49.4%

Fundamental Drivers

The -37.2% change in KMPR stock from 11/30/2025 to 6/21/2026 was primarily driven by a -82.6% change in the company's Net Income Margin (%).
(LTM values as of)113020256212026Change
Stock Price ($)39.8825.03-37.2%
Change Contribution By: 
Total Revenues ($ Mil)4,8374,693-3.0%
Net Income Margin (%)5.1%0.9%-82.6%
P/E Multiple9.935.1256.0%
Shares Outstanding (Mil)61594.7%
Cumulative Contribution-37.2%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/21/2026
ReturnCorrelation
KMPR-37.2% 
Market (SPY)9.9%18.5%
Sector (XLF)1.3%46.9%

Fundamental Drivers

The -59.3% change in KMPR stock from 5/31/2025 to 6/21/2026 was primarily driven by a -87.9% change in the company's Net Income Margin (%).
(LTM values as of)53120256212026Change
Stock Price ($)61.5225.03-59.3%
Change Contribution By: 
Total Revenues ($ Mil)4,6814,6930.3%
Net Income Margin (%)7.4%0.9%-87.9%
P/E Multiple11.435.1209.1%
Shares Outstanding (Mil)64598.8%
Cumulative Contribution-59.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/21/2026
ReturnCorrelation
KMPR-59.3% 
Market (SPY)28.1%12.9%
Sector (XLF)6.7%32.8%

Fundamental Drivers

The -37.4% change in KMPR stock from 5/31/2023 to 6/21/2026 was primarily driven by a -33.9% change in the company's P/S Multiple.
(LTM values as of)53120236212026Change
Stock Price ($)39.9925.03-37.4%
Change Contribution By: 
Total Revenues ($ Mil)5,3924,693-13.0%
P/S Multiple0.50.3-33.9%
Shares Outstanding (Mil)64598.9%
Cumulative Contribution-37.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/21/2026
ReturnCorrelation
KMPR-37.4% 
Market (SPY)85.7%29.6%
Sector (XLF)77.0%45.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
KMPR Return-22%-14%2%39%-37%-37%-63%
Peers Return27%19%10%34%16%-1%153%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
KMPR Win Rate33%42%50%50%33%33% 
Peers Win Rate53%60%62%67%60%47% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
KMPR Max Drawdown-36%-34%-41%-15%-47%-42% 
Peers Max Drawdown-15%-19%-22%-12%-16%-11% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: PGR, ALL, TRV, HIG, AIG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventKMPRS&P 500
2025 US Tariff Shock
  % Loss-15.8%-18.8%
  % Gain to Breakeven18.8%23.1%
  Time to Breakeven21 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-18.6%-9.5%
  % Gain to Breakeven22.8%10.5%
  Time to Breakeven32 days24 days
2023 SVB Regional Banking Crisis
  % Loss-32.6%-6.7%
  % Gain to Breakeven48.3%7.1%
  Time to Breakeven296 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-29.7%-24.5%
  % Gain to Breakeven42.2%32.4%
  Time to Breakeven123 days427 days
2020 COVID-19 Crash
  % Loss-28.9%-33.7%
  % Gain to Breakeven40.6%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-20.7%-19.2%
  % Gain to Breakeven26.1%23.8%
  Time to Breakeven51 days105 days

Compare to PGR, ALL, TRV, HIG, AIG

In The Past

Kemper's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventKMPRS&P 500
2023 SVB Regional Banking Crisis
  % Loss-32.6%-6.7%
  % Gain to Breakeven48.3%7.1%
  Time to Breakeven296 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-29.7%-24.5%
  % Gain to Breakeven42.2%32.4%
  Time to Breakeven123 days427 days
2020 COVID-19 Crash
  % Loss-28.9%-33.7%
  % Gain to Breakeven40.6%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-20.7%-19.2%
  % Gain to Breakeven26.1%23.8%
  Time to Breakeven51 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-36.7%-12.2%
  % Gain to Breakeven58.1%13.9%
  Time to Breakeven176 days62 days
2014-2016 Oil Price Collapse
  % Loss-31.7%-6.8%
  % Gain to Breakeven46.5%7.3%
  Time to Breakeven165 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-21.8%-17.9%
  % Gain to Breakeven27.8%21.8%
  Time to Breakeven78 days123 days
2008-2009 Global Financial Crisis
  % Loss-81.5%-53.4%
  % Gain to Breakeven440.0%114.4%
  Time to Breakeven1684 days1085 days
Summer 2007 Credit Crunch
  % Loss-20.1%-8.6%
  % Gain to Breakeven25.2%9.5%
  Time to Breakeven48 days47 days

Compare to PGR, ALL, TRV, HIG, AIG

In The Past

Kemper's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Kemper (KMPR)

Kemper Corporation (KMPR) is a diversified insurance holding company primarily focused on providing property and casualty (P&C) insurance across the United States. Through its Specialty and Preferred Property & Casualty Insurance segments, Kemper offers a broad range of policies for individuals, including automobile, homeowners, renters, fire, umbrella, and general liability insurance. The company also extends its P&C offerings to businesses, providing commercial automobile insurance.

Beyond property and casualty, Kemper operates a significant Life & Health Insurance segment. This division provides various life insurance products, such as permanent and term policies, along with supplemental accident and health insurance. Specific health offerings include Medicare supplement insurance, fixed hospital indemnity, home health care, specified disease, and accident-only plans. Kemper serves a wide customer base comprising individuals and businesses in rural, suburban, and urban areas, distributing its comprehensive suite of insurance products through independent agents and brokers.

AI Analysis | Feedback

Here are 1-3 brief analogies for Kemper (KMPR):

  • Imagine an insurance company that combines the auto and home coverage of Progressive with the supplemental health and life offerings of Aflac.
  • It's like a diversified insurance provider in the vein of State Farm or Allstate, but also offering specialized life and supplemental health insurance products.
  • Think of it as a comprehensive insurance company for individuals and businesses, much like a Liberty Mutual that covers property & casualty, life, and health insurance.

AI Analysis | Feedback

  • Property & Casualty Insurance: Provides automobile, homeowners, renters, fire, umbrella, general liability, and commercial automobile insurance for individuals and businesses.
  • Life Insurance: Offers permanent and term life insurance policies.
  • Supplemental Accident and Health Insurance: Includes Medicare supplement, fixed hospital indemnity, home health care, specified disease, and accident-only plans.

AI Analysis | Feedback

Major Customers of Kemper Corporation (KMPR)

Kemper Corporation primarily sells insurance products directly to individuals and, to a lesser extent, to businesses. As an insurance provider, it does not have a few major corporate customers in the traditional sense, but rather serves a broad base of policyholders. Based on the products it offers, its customers can be categorized as:

  • Individuals seeking personal property & casualty insurance: This category includes individuals purchasing automobile, homeowners, renters, fire, umbrella, and general liability insurance.
  • Individuals seeking life & health insurance: This category encompasses individuals acquiring permanent and term life insurance, supplemental accident and health insurance, Medicare supplement insurance, fixed hospital indemnity plans, home health care plans, specified disease plans, and accident-only plans, often in rural, suburban, and urban areas.
  • Businesses seeking commercial automobile insurance: This category includes businesses that require commercial automobile insurance for their operations.

AI Analysis | Feedback

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AI Analysis | Feedback

C. Thomas Evans, Jr. Interim President and Chief Executive Officer

C. Thomas Evans, Jr. was appointed Interim Chief Executive Officer of Kemper Corporation on October 14, 2025. He joined Kemper in 1992 and has served as an Executive Vice President, Secretary, and General Counsel since May 2015. Prior to joining Kemper, he was in private practice with the law firm of Winston & Strawn, where he focused on corporate and commercial litigation.

Bradley T. Camden Executive Vice President and Chief Financial Officer

Bradley T. Camden joined Kemper Corporation in 2020 and was named Executive Vice President and Chief Financial Officer in February 2024. Before this role, he served as the company's Senior Vice President, Treasurer, and Interim Chief Financial Officer. Prior to his time at Kemper, Mr. Camden spent 20 years with Northern Trust Asset Management, where he most recently led its Long Duration Fixed Income Team, managing approximately $180 billion in fixed income assets.

John M. Boschelli Executive Vice President and Chief Investment Officer

John M. Boschelli joined Kemper Corporation in 1997. He assumed his current position as Executive Vice President and Chief Investment Officer in May 2015, after serving as Vice President and Chief Investment Officer from May 2009 to May 2015. He also held the role of the Company's Treasurer from February 2002 to May 2009 and has held various other positions within Kemper since 1997.

Christopher W. Flint Executive Vice President and President, Kemper Life

Christopher W. Flint joined Kemper Corporation in 2023, bringing with him over 25 years of experience in the financial services and insurance industries. He previously held senior leadership roles at several companies, including Securities America, Lincoln Financial, Protective Life, Farmers New World Life, and USAA (Protection Solutions Life Company).

Matt A. Hunton Executive Vice President and President, Kemper Auto

Matthew A. Hunton joined Kemper Corporation in 2019 and assumed his current position as Executive Vice President and President, Kemper Auto, in November 2022. Prior to joining Kemper, he spent more than 10 years at Travelers, where he led the Select/Small Commercial business, as well as Product.

AI Analysis | Feedback

The key risks to Kemper Corporation (KMPR) primarily revolve around its core insurance operations and the broader economic and regulatory environment:

  1. Regulatory and Competitive Pressures Impacting Underwriting Profitability: Kemper faces significant challenges from state-level insurance regulations, particularly in core markets like California. Delays in approving necessary rate increases can pressure profitability, as rising claim severity (driven by factors such as distracted driving and social inflation) outpaces earned premiums. The company's recent financial performance, including a net loss in Q4 2025, has been impacted by elevated claim severity and competitive pressures, leading to strategic shifts away from less profitable markets to reduce earnings volatility.
  2. Exposure to Catastrophe Losses and Reinsurance Costs: As a property and casualty insurer, Kemper is susceptible to substantial losses from catastrophic events, including severe weather like hurricanes, hail, and floods. These events can materially and adversely affect the company's results of operations, liquidity, and financial condition. The availability and cost of catastrophe reinsurance, which Kemper uses to mitigate these risks, can fluctuate, potentially leading to the company retaining more risk if reinsurance becomes more expensive or less accessible.
  3. Investment Portfolio Risks: Kemper maintains a diversified investment portfolio that is exposed to significant financial and capital market risks. These include interest rate risk, equity price risk, and liquidity risk. Fluctuations in interest rates, volatility in equity markets, or changes in general economic conditions can negatively impact the company's net investment income and the fair value of its investment assets, thereby affecting overall financial results.

AI Analysis | Feedback

The clear emerging threat for Kemper is the rise of digitally native insurtech companies and the broader industry shift towards direct-to-consumer digital insurance platforms. These new entrants and evolving consumer preferences challenge Kemper's traditional agent-based distribution model and the operational structures of legacy insurers. Insurtechs leverage advanced technologies like artificial intelligence, big data analytics, and mobile-first interfaces to offer streamlined, personalized, and often more competitive insurance products, directly appealing to modern consumers who increasingly prefer digital interactions over traditional agent engagements.

AI Analysis | Feedback

The addressable markets for Kemper Corporation's main products and services in the U.S. are as follows:

  • Automobile Insurance: The United States motor insurance market size is projected to be USD 532.45 billion in 2026. In 2024, the total automobile sector's direct written premiums increased to USD 431.69 billion.
  • Homeowners Insurance: The United States homeowners insurance market size is estimated at USD 184.59 billion in 2026 and is projected to reach USD 236.90 billion by 2031. The market size was USD 175.1 billion in 2025.
  • Commercial Automobile Insurance: The United States commercial auto insurance marketplace recorded approximately USD 61.6 billion in direct written premiums in 2024.
  • Life Insurance: The U.S. life insurance market was valued at USD 765.38 billion in 2023 and is projected to reach USD 1,476.31 billion by 2032.
  • Medicare Supplement Health Insurance: The U.S. Medicare supplement health insurance market size was exhibited at USD 30.55 billion in 2025 and is projected to reach around USD 50.33 billion by 2035. In 2022, this market was valued at USD 26.97 billion.
  • Supplemental Accident and Health Insurance: The U.S. supplemental health market size is expected to increase from USD 40.58 billion in 2025 to USD 69.92 billion by 2035. The individual supplemental health insurance market earned USD 9.05 billion in premium at year-end 2023.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Kemper Corporation (KMPR) over the next 2-3 years:

  1. Strategic Rate Actions and Underwriting Discipline in Auto Insurance: Kemper is focused on implementing significant rate increases, particularly in states like California, to address rising claims severity and restore profitability in its auto insurance segment. These deliberate actions are expected to improve revenue per policy and overall segment performance.
  2. Geographic Diversification and Expansion in Favorable Markets: To reduce earnings volatility and leverage more constructive market environments, Kemper plans to shift its growth emphasis toward states such as Florida and Texas. This includes the rollout and performance of new personal auto products in these markets, aiming to drive new customer and policy acquisition.
  3. Profitable Growth within the Specialty Property & Casualty Segment: The Specialty Property & Casualty segment, especially its commercial auto business, has demonstrated strong premium and policy-in-force (PIF) growth. Kemper is prioritizing profitable expansion within this segment, which is a key driver for overall revenue growth.
  4. Consistent Contribution and Targeted Growth from the Life & Health Insurance Segment: The Life & Health insurance segment has shown stable earnings and consistent policy growth, providing reliable cash flow and helping to offset volatility from other parts of the business. This stable performance contributes consistently to the company's overall revenue.

AI Analysis | Feedback

Share Repurchases

  • On August 5, 2025, Kemper's Board of Directors approved a new share repurchase authorization of up to $500 million of its common stock.
  • As of August 6, 2025, Kemper had repurchased $80 million of common stock since April 1, and the Board approved an additional $500 million authorization, bringing the total available to $550 million.
  • From October 1, 2025, to December 31, 2025, Kemper repurchased 1,655,662 shares for $135.6 million. Across the full buyback program announced on August 5, 2025, the company repurchased a total of 3,297,473 shares for $220.8 million.

Share Issuance

  • On August 5, 2025, Kemper shareholders approved an amendment to the company's stock incentive plan, increasing the total number of authorized shares by 625,000 for equity-based compensation for eligible employees, officers, and directors.
  • As of December 31, 2024, Kemper had 63,840,442 shares issued and outstanding, which decreased to 60,201,675 shares issued and outstanding at September 30, 2025.

Outbound Investments

  • Kemper completed the acquisition of American Access Casualty Company for $370 million on April 1, 2021.

Capital Expenditures

  • Capital expenditures for long-lived assets by operating segment were reported as immaterial in Kemper's financial filings for the year ended December 31, 2025.
  • Kemper invested $8.8 million in capital expenditures during the fourth quarter of 2025.
  • The company made capital contributions to consolidated insurance subsidiaries of $91.4 million in 2025, $18.0 million in 2024, and $489.1 million in 2023.

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NASATema Space Innovators ETFEquity-11.3%24.1%
USOUnited States Oil Fund LPCommodity-10.8%66.1%
XOPState Street SPDR S&P Oil & Gas Explo...Equity-6.2%21.5%
XLEState Street Energy Select Sector SPD...Equity-5.9%21.1%
FXNFirst Trust Energy AlphaDEX FundEquity-5.5%22.5%
KWEBKraneShares CSI China Internet ETFEquity-5.0%-25.9%
COMTiShares GSCI Commodity Dynamic Roll S...Commodity-4.7%26.0%
FXIiShares China Large-Cap ETFEquity-4.6%-13.0%
PDBCInvesco Optimum Yield Diversified Com...Commodity-4.3%24.5%
DBCInvesco DB Commodity Index Tracking FundCommodity-4.2%23.6%

Top Gainers

TickerCompanyCategory1M RtnYTD Rtn
SOXXiShares Semiconductor ETFEquity28.7%112.5%
SOXQInvesco PHLX Semiconductor ETFEquity26.7%102.2%
EWYiShares MSCI South Korea ETFEquity26.0%125.5%
SMHVanEck Semiconductor ETFEquity21.3%83.2%
MTUMiShares MSCI USA Momentum Factor ETFEquity15.7%35.4%
SPMOInvesco S&P 500 Momentum ETFEquity13.7%34.4%
VLUEiShares MSCI USA Value Factor ETFEquity12.1%46.8%
AGIXKraneShares Artificial Intelligence ETFEquity11.3%30.9%
XBIState Street SPDR S&P Biotech ETFEquity11.0%15.4%
XLKState Street Technology Select Sector...Equity10.5%33.1%

Top Losers

TickerCompanyCategory1M RtnYTD Rtn
USOUnited States Oil Fund LPCommodity-24.9%66.1%
ETHAiShares Ethereum Trust ETFCryptocurrency-19.1%-42.6%
IBITiShares Bitcoin Trust ETFCryptocurrency-18.1%-28.3%
FBTCFidelity Wise Origin Bitcoin FundCryptocurrency-18.0%-28.2%
COMTiShares GSCI Commodity Dynamic Roll S...Commodity-14.1%26.0%
XOPState Street SPDR S&P Oil & Gas Explo...Equity-14.1%21.5%
PPLTETFS Physical Platinum SharesCommodity-13.8%-17.6%
DBCInvesco DB Commodity Index Tracking FundCommodity-12.6%23.6%
NASATema Space Innovators ETFEquity-12.6%24.1%
PDBCInvesco Optimum Yield Diversified Com...Commodity-12.4%24.5%

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Peer Comparisons

Peers to compare with:

Financials

KMPRPGRALLTRVHIGAIGMedian
NameKemper Progress.Allstate Traveler.Hartford.American. 
Mkt Price25.03204.87221.17307.81128.2574.02166.56
Mkt Cap1.5120.057.466.235.439.848.6
Rev LTM4,69389,41567,55748,94228,45126,61638,696
Op Inc LTM-------
FCF LTM46016,42011,53111,4445,8203,5258,632
FCF 3Y Avg25914,7748,5219,5265,2294,1636,875
CFO LTM49316,77211,70811,4445,9823,5258,713
CFO 3Y Avg30615,0768,7439,5265,4084,1637,076

Growth & Margins

KMPRPGRALLTRVHIGAIGMedian
NameKemper Progress.Allstate Traveler.Hartford.American. 
Rev Chg LTM0.3%13.9%4.4%4.1%6.3%-2.4%4.2%
Rev Chg 3Y Avg-4.4%19.9%9.1%9.1%8.2%0.7%8.6%
Rev Chg Q-7.6%8.7%3.0%1.0%5.6%-2.3%2.0%
QoQ Delta Rev Chg LTM-1.9%2.0%0.7%0.2%1.4%-0.6%0.5%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM10.5%18.8%17.3%23.4%21.0%13.2%18.0%
CFO/Rev 3Y Avg6.5%19.4%13.6%20.5%20.2%15.2%17.3%
FCF/Rev LTM9.8%18.4%17.1%23.4%20.5%13.2%17.7%
FCF/Rev 3Y Avg5.6%19.0%13.2%20.5%19.5%15.2%17.1%

Valuation

KMPRPGRALLTRVHIGAIGMedian
NameKemper Progress.Allstate Traveler.Hartford.American. 
Mkt Cap1.5120.057.466.235.439.848.6
P/S0.31.30.81.41.21.51.3
P/Op Inc-------
P/EBIT21.28.13.66.76.89.27.4
P/E35.110.44.78.78.712.69.5
P/CFO3.07.24.95.85.911.35.9
Total Yield8.1%16.4%23.0%12.2%13.2%10.4%12.7%
Dividend Yield5.3%6.8%1.8%0.7%1.7%2.5%2.2%
FCF Yield 3Y Avg10.9%11.2%16.3%16.2%15.1%8.6%13.2%
D/E0.60.10.10.10.10.20.1
Net D/E0.4-0.00.0-1.3-0.5-0.6-0.3

Returns

KMPRPGRALLTRVHIGAIGMedian
NameKemper Progress.Allstate Traveler.Hartford.American. 
1M Rtn-15.8%2.7%2.6%0.9%-5.3%-3.3%-1.2%
3M Rtn-14.8%-0.5%8.1%4.2%-2.9%0.2%-0.2%
6M Rtn-37.3%-2.8%9.0%5.9%-6.9%-12.9%-4.9%
12M Rtn-59.0%-16.7%15.5%18.0%3.5%-11.0%-3.8%
3Y Rtn-44.9%70.1%118.6%85.6%93.4%41.3%77.9%
1M Excs Rtn-16.2%-1.0%-3.0%-0.8%-6.6%-5.9%-4.4%
3M Excs Rtn-27.6%-12.4%-4.6%-9.4%-15.4%-12.7%-12.5%
6M Excs Rtn-47.8%-16.3%-3.6%-3.2%-16.4%-21.6%-16.3%
12M Excs Rtn-84.1%-43.3%-11.5%-7.1%-21.4%-35.4%-28.4%
3Y Excs Rtn-112.2%-1.4%36.4%12.7%17.5%-31.1%5.7%

Comparison Analyses

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Financials

$ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
Filing Date5/6/20262/11/202611/5/20258/5/20255/7/20252/7/202510/30/20248/5/20245/1/20242/7/202410/30/20238/7/2023
Key Financials Quarterly            
Total Revenue1,1001,1291,2361,2281,1901,1831,1691,1381,1421,2061,1901,254
Net Income-2-8-21731009774757151-146-97
EPS-0.03-0.13-0.341.131.561.521.151.171.110.80-2.28-1.52
Key Financials TTM            
Total Revenue TTM4,6934,7834,8374,7704,6814,6324,6554,6764,7914,9415,0995,262
Net Income TTM4214324934334631827252-121-272-377-305
Growth Rates Quarterly            
Total Revenue Growth-7.6%-4.5%5.7%7.8%4.2%-1.9%-1.7%-9.2%-11.6%-11.6%-12.1%-9.4%
Net Income Growth-101.7%-108.2%-128.5%-3.7%39.8%89.5%150.4%177.7%189.0%196.4%-95.6%-34.5%
Margins Quarterly            
Net Income Margin-0.2%-0.7%-1.7%5.9%8.4%8.2%6.3%6.6%6.2%4.3%-12.3%-7.7%
Cash & Debt            
Total Cash3984544966006921,1307786516515875317,424
Total Debt9449449439439421,3911,3911,3901,3901,3891,3891,388
Net Debt / (Cash)546490447343250261613739738802858-6,036
Cash Flows Quarterly            
FCF from Operations89175140901801751422343-30-39-71
Cash Flows TTM            
FCF from Operations TTM493584585587520383178-2-96-134-145-186
Returns to Shareholders Quarterly            
Dividends181920212020202020202020
Share Repurchases-0512192841425-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-0.9%-2.0%-4.9%14.3%20.9%21.1%13.0%13.0%12.4%8.9%-26.2%-
Return on Invested Capital (ROIC) TTM            
ROIC TTM1.5%6.6%12.1%17.2%18.3%17.2%12.0%2.2%-5.4%-11.9%-16.9%-

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Specialty Property & Casualty Insurance4,1463,7723,8074,1834,076
Life Insurance583566582782839
Non-Core Operations85282558640 
Change in Fair Value of Equity and Convertible Securities-4-35-80115
Net Realized Investment Gains (Losses), Impairment Losses, and Other-20    
Impairment Losses -6-1-26-11
Net Realized Investment Gains 13-19465
Other 1412205
Preferred Property & Casualty Insurance    704
Total4,7904,6394,9445,5245,793


Operating Income by Segment
$ Mil20152014201320062005
Property & Casualty Insurance11027   
Net Realized Investment Gains52 99  
Life Insurance24142   
Impairment Losses-27 -14  
Other-58-33-47  
Kemper Direct  40  
Kemper Preferred  88  
Kemper Specialty  12  
Life and Health Insurance  13715292
Consumer Finance   4553
Kemper Auto and Home   13279
Specialty Lines Insurance   3943
Unitrin Business Insurance   16 
Unitrin Direct   -102
Total100136314373268


Net Income by Segment
$ Mil20152014
Property & Casualty Insurance21473
Life Insurance73219
Total288291


Assets by Segment
$ Mil20252024202320222021
Specialty Property & Casualty Insurance6,9336,3536,1466,5355,936
Life Insurance4,8404,7324,8985,0086,063
Non-Core Operations3687711,0751,225 
Corporate and Other3327756245451,687
Preferred Property & Casualty Insurance    1,230
Total12,47312,63012,74313,31414,916


Price Behavior

Price Behavior
Market Price$25.03 
Market Cap ($ Bil)1.5 
First Trading Date09/18/1991 
Distance from 52W High-60.2% 
   50 Days200 Days
DMA Price$29.14$36.80
DMA Trenddowndown
Distance from DMA-14.1%-32.0%
 3M1YR
Volatility42.4%42.7%
Downside Capture167.22110.25
Upside Capture35.26-23.49
Correlation (SPY)10.7%12.1%
KMPR Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta1.390.780.480.680.520.71
Up Beta0.25-0.45-0.030.300.560.65
Down Beta-0.080.14-0.510.430.760.98
Up Capture-110%14%21%17%-15%15%
Bmk +ve Days13283667141432
Stock +ve Days9243663124397
Down Capture674%461%176%158%112%92%
Bmk -ve Days7132757109318
Stock -ve Days11172761124349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with KMPR
KMPR-58.9%42.5%-1.95-
Sector ETF (XLF)8.3%14.6%0.3332.6%
Equity (SPY)26.5%12.4%1.6112.5%
Gold (GLD)24.2%27.5%0.77-1.0%
Commodities (DBC)19.8%18.8%0.83-1.8%
Real Estate (VNQ)11.0%13.7%0.5224.7%
Bitcoin (BTCUSD)-40.0%42.4%-1.0818.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with KMPR
KMPR-17.1%36.4%-0.43-
Sector ETF (XLF)9.3%18.6%0.3748.3%
Equity (SPY)13.5%17.1%0.6235.4%
Gold (GLD)17.1%18.3%0.762.6%
Commodities (DBC)7.5%19.4%0.2910.3%
Real Estate (VNQ)1.9%18.9%0.0037.4%
Bitcoin (BTCUSD)11.0%54.2%0.4014.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with KMPR
KMPR-0.7%34.8%0.08-
Sector ETF (XLF)13.0%22.2%0.5456.6%
Equity (SPY)15.3%18.0%0.7347.1%
Gold (GLD)12.3%16.1%0.63-1.2%
Commodities (DBC)5.9%18.0%0.2617.6%
Real Estate (VNQ)5.3%20.7%0.2244.3%
Bitcoin (BTCUSD)60.0%66.8%1.008.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity3.7 Mil
Short Interest: % Change Since 5152026-2.3%
Average Daily Volume1.1 Mil
Days-to-Cover Short Interest3.3 days
Basic Shares Quantity58.7 Mil
Short % of Basic Shares6.3%

Earnings Returns History

Updated 6/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-10.3%-9.1%-23.7%
2/4/2026-13.1%-15.7%-16.6%
11/5/2025-14.3%-13.6%-7.9%
8/5/2025-21.3%-15.0%-11.4%
5/7/20251.4%3.8%4.2%
2/5/20251.4%-3.7%-2.4%
10/30/2024-2.9%3.2%11.9%
8/5/2024-6.2%-2.4%1.5%
...
SUMMARY STATS   
# Positive7813
# Negative171611
Median Positive1.5%3.7%4.2%
Median Negative-6.4%-5.6%-9.9%
Max Positive9.9%15.9%24.3%
Max Negative-21.3%-15.7%-23.7%
 Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-10.3%-9.1%-23.7%
2/4/2026-13.1%-15.7%-16.6%
11/5/2025-14.3%-13.6%-7.9%
8/5/2025-21.3%-15.0%-11.4%
5/7/20251.4%3.8%4.2%
2/5/20251.4%-3.7%-2.4%
10/30/2024-2.9%3.2%11.9%
8/5/2024-6.2%-2.4%1.5%
5/1/2024-0.2%3.3%2.8%
2/1/2024-5.3%-4.1%-3.3%
10/30/2023-5.4%-1.2%3.4%
8/7/2023-7.4%-6.4%-7.7%
5/8/2023-0.7%-3.7%0.3%
2/2/20237.8%12.8%9.0%
11/2/20227.6%15.9%24.3%
8/1/2022-8.0%-4.0%0.4%
5/2/20229.9%1.8%10.5%
1/31/2022-12.1%-12.5%-13.1%
10/28/2021-10.0%-11.6%-19.1%
7/29/2021-3.6%-7.9%3.0%
4/29/2021-6.4%-4.7%-9.9%
2/1/2021-3.9%-0.6%7.4%
11/2/20201.1%3.5%19.5%
8/3/20201.5%4.5%-2.8%
SUMMARY STATS   
# Positive7813
# Negative171611
Median Positive1.5%3.7%4.2%
Median Negative-6.4%-5.6%-9.9%
Max Positive9.9%15.9%24.3%
Max Negative-21.3%-15.7%-23.7%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/11/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202402/07/202510-K
09/30/202410/30/202410-Q
06/30/202408/05/202410-Q
03/31/202405/01/202410-Q
12/31/202302/07/202410-K
09/30/202310/30/202310-Q
06/30/202308/07/202310-Q
03/31/202305/08/202310-Q
12/31/202202/09/202310-K
09/30/202211/02/202210-Q
06/30/202208/01/202210-Q
 Collapse to Preview
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/11/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202402/07/202510-K
09/30/202410/30/202410-Q
06/30/202408/05/202410-Q
03/31/202405/01/202410-Q
12/31/202302/07/202410-K
09/30/202310/30/202310-Q
06/30/202308/07/202310-Q
03/31/202305/08/202310-Q
12/31/202202/09/202310-K
09/30/202211/02/202210-Q
06/30/202208/01/202210-Q
03/31/202205/02/202210-Q
12/31/202102/10/202210-K
09/30/202110/28/202110-Q
06/30/202107/29/202110-Q
03/31/202104/29/202110-Q
12/31/202002/10/202110-K
09/30/202011/02/202010-Q
06/30/202008/03/202010-Q
03/31/202005/07/202010-Q
12/31/201902/14/202010-K
09/30/201911/04/201910-Q
06/30/201908/05/201910-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/6/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Restructuring Run-rate Savings 60.00 Mil    

Prior: Q4 2025 Earnings Reported 2/4/2026

null

Insider Activity

Updated 5/8/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1McKinney, Suzet M DirectSell209202634.6650417,469175,380Form
2Parker, Stuart B DirectBuy1112202536.8225,000920,5001,772,957Form
3Laderman, Gerald DirectBuy807202549.373,000148,1101,216,230Form
4Canida, Teresa Alvarez DirectBuy807202548.962,00097,9201,396,388Form
5Flint, Christopher WadeEVP, President, Kemper LifeDirectBuy807202550.121,00050,115511,023Form
 Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1McKinney, Suzet M DirectSell209202634.6650417,469175,380Form
2Parker, Stuart B DirectBuy1112202536.8225,000920,5001,772,957Form
3Laderman, Gerald DirectBuy807202549.373,000148,1101,216,230Form
4Canida, Teresa Alvarez DirectBuy807202548.962,00097,9201,396,388Form
5Flint, Christopher WadeEVP, President, Kemper LifeDirectBuy807202550.121,00050,115511,023Form
6Gorevic, Jason N DirectBuy807202549.142,00098,2801,084,618Form
7Paracchini, Alberto J DirectBuy611202561.7150030,855637,032Form
8Laderman, Gerald DirectBuy611202562.242,500155,6001,346,562Form

Industry Resources

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Core Cache Last Updated: 6/21/2026