Kemper Stock Price, News & Analysis

Kemper Corporation (NYSE: KMPR) will release its second quarter 2022 earnings report, financial supplement, and Form 10-Q on August 1, 2022, after market close. A conference call to discuss the results will occur on the same day at 5:00 p.m. Eastern. The earnings report will be accessible on the investor section of kemper.com. Kemper is a leading specialized insurer with approximately $15 billion in assets, servicing over 6.4 million policies through its various insurance brands.

The Kemper Foundation has launched the Read Conmigo bilingual educator grant program, aimed at enhancing bilingual literacy skills among Latino students. Annually, up to 100 grants of $3,000 will be awarded to teachers in Spanish-English bilingual classrooms. The first grant cycle is focused on the Greater Los Angeles Area, with intentions to expand in Spring 2023. Applications for the Fall 2022 cycle are due by June 26, 2022. This initiative reflects the Foundation's commitment to supporting education and the benefits of bilingualism in the Latino community.

Kemper Corporation (NYSE: KMPR) has announced that Joseph P. Lacher Jr., CEO and Chairman, alongside CFO James J. McKinney, will participate in a virtual fireside chat at the UBS Symposium on May 17 at 4:00 p.m. Eastern time. The event will be accessible via live webcast on Kemper's investor website, with an archive available afterward. Kemper, a leading specialized insurer with around $15 billion in assets, serves over 6.4 million policies through its Auto, Personal, Life, and Health brands.

Kemper Corporation (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share, payable on May 31, 2022, to shareholders of record as of May 16, 2022. Additionally, Kemper has appointed Stuart B. Parker as the new independent lead director, succeeding Robert J. Joyce. Joyce, who served as chairman from November 2015 to May 2021, will remain on the board. Kemper specializes in insurance solutions with approximately $15 billion in assets, serving over 6.4 million policies.

Kemper Corporation (NYSE: KMPR) reported a net loss of $94.8 million, or $(1.49) per diluted share, for Q1 2022, compared to a net income of $123.2 million, or $1.85 per diluted share, in Q1 2021. Adjusted for acquisitions, the net loss was $91.3 million. Revenue increased by 3% to $1,388.7 million, driven by higher Specialty P&C earned premiums, despite a decline in personal automobile policies. Debt offerings have strengthened liquidity to $1.2 billion. A quarterly dividend of $0.31 per share was declared.

Kemper Corporation (NYSE: KMPR) will release its first quarter 2022 earnings on May 2, 2022, after market close. The earnings release, financial supplement, and Form 10-Q will be available on kemper.com. A conference call to discuss these results is scheduled for 5:00 p.m. Eastern on the same day, accessible via 844.200.6205 or online. Kemper, with approximately $15 billion in assets, serves over 6.5 million policies through its insurance brands, aiming to provide affordable personalized solutions.

Kemper Corporation (NYSE: KMPR) has announced a registered offering of $150 million in 5.875% Fixed-Rate Reset Junior Subordinated Debentures due in 2062. The funds will be used for general corporate purposes, including working capital and potential acquisitions. The offering is expected to close on March 10, 2022, subject to customary conditions. The transaction is managed by Wells Fargo Securities, BofA Securities, and Morgan Stanley. This announcement follows Kemper's strategy to strengthen its financial position and support its insurance business.

Kemper Corporation (NYSE: KMPR) will participate in a fireside chat at the Raymond James 43rd Annual Institutional Investors Conference on Tuesday, March 8, at 2:15 p.m. Eastern. The session will feature Joseph P. Lacher, Jr. and James J. McKinney, who will discuss the company's strategic initiatives. Investors can access the live webcast through the investor section of Kemper's website, with an archived version available afterward. With $15 billion in assets, Kemper serves over 6.5 million policies across various insurance sectors.

The Kemper Foundation has committed $4.5 million to its Kemper Scholars Program, aiming to award 650 scholarships to diverse college students over the next five years. The initiative targets students in business-related fields and includes partnerships with 10 universities, notably 6 HBCUs and HSIs. The program will also provide over 325 internships and financial grants for professors and DE&I efforts at partner schools. Kemper emphasizes education as a philanthropic pillar to support future business leaders.