Stock fact sheet · data as of
Kemper Corporation 5.875% Fixed (KMPB): fair value, margin of safety and Wheel Score
Ticker symbol KMPB · Financial Services · Insurance - Property & Casualty · United States · Fund / Note
Is KMPB undervalued?
Kemper Corporation 5.875% Fixed (KMPB) closed at 25.00 on 5 Nov 2026. The GLS average fair value - the simple average of the 2 valuation models that produced a positive number - is 90.52, which puts the price 72% below it. 1 of the 2 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
Only 2 of the nine models produced a value (10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
KMPB looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for KMPB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 162.22 | +549% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 18.83 | -25% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -110.29 | -541% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: KMPB passes 3 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. There is no GLS Moat score for KMPB: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are thin or negative - ROIC 3.9%, ROE 5.3%, ROA 1.1% - with debt at 0.37 times equity and a free-cash-flow yield of 22.5%.
The dividend yield is 3.58% at a payout ratio of -19%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Specialty Property & Casualty Insurance 87%, Life and Health Insurance 13% (quarter Q3 FY2024).
Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 3.9% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 5.3% |
| Debt / equity | 0.37 | ROA | 1.1% |
| Free-cash-flow yield | 22.5% | Payout ratio | -19% |
| Institutions | 5 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 24: No options
KMPB has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (24 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 85k shares a day on a market cap of $2.0B, with a beta of 0.50 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 3/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 72% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.50, $2.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Kemper Corporation 5.875% Fixed reports earnings on 9 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk. The shares go ex-dividend on 1 Dec 2026 (0.3672 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Property & Casualty
The 12 companies below are the closest to Kemper Corporation 5.875% Fixed by market cap within the Insurance - Property & Casualty industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HMN Horace Mann Educators Corporation | 50.20 | 153.58 | +67% | 45Weak | $2.0B |
| KMPR Kemper Corporation | 35.76 | 89.68 | +60% | 39Weak | $2.1B |
| AFGD American Financial Group, Inc. | 20.74 | 125.79 | +84% | 35No options | $1.7B |
| AFGB American Financial Group, Inc. | 20.41 | 125.47 | +84% | 35No options | $1.7B |
| PRCH Porch Group, Inc. | 21.56 | 10.05 | -115% | 29Weak | $2.5B |
| HCI HCI Group, Inc. | 201.56 | 614.96 | +67% | 83Good | $2.5B |
| SAFT Safety Insurance Group, Inc. | 104.35 | 201.26 | +48% | 41Weak | $1.5B |
| AFSIA AmTrust Financial Services, Inc. | 13.10 | 1,681,551.45 | +100% | 33No options | $2.6B |
| TRUP Trupanion, Inc. | 33.68 | 24.09 | -40% | 34Weak | $1.5B |
| AFGC American Financial Group, Inc. | 17.36 | 122.48 | +86% | 35No options | $1.4B |
| STC Stewart Information Services Corporation | 47.10 | 64.63 | +27% | 44Weak | $1.4B |
| SKWD Skyward Specialty Insurance Group, Inc. | 62.22 | 171.03 | +64% | 46Weak | $2.8B |
⚖ Compare KMPB with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about KMPB
Is KMPB undervalued right now?
By the GLS models, yes: at 25.00 the stock is 72% below the average fair value of 90.52 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of KMPB and what does it mean?
KMPB has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for KMPB?
90.52 per share as of 5 Nov 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Kemper Corporation 5.875% Fixed report earnings next?
The next earnings report is due on 9 Nov 2026 (after the close), 4 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does KMPB have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on KMPB, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.