Assurant (AIZ) to Release Quarterly Earnings on Tuesday

Assurant (NYSE:AIZ - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $3.00 per share and revenue of $3.06 billion for the quarter.

Assurant (NYSE:AIZ - Get Free Report) last posted its earnings results on Tuesday, February 11th. The financial services provider reported $4.79 EPS for the quarter, topping analysts' consensus estimates of $3.96 by $0.83. Assurant had a return on equity of 17.25% and a net margin of 6.40%. On average, analysts expect Assurant to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Assurant Stock Performance

NYSE AIZ traded up $5.37 during trading hours on Friday, hitting $197.00. 307,108 shares of the company's stock traded hands, compared to its average volume of 385,191. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. The business's fifty day moving average price is $199.82 and its two-hundred day moving average price is $206.84. The firm has a market capitalization of $10.02 billion, a P/E ratio of 13.61 and a beta of 0.53. Assurant has a 52 week low of $160.12 and a 52 week high of $230.55.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Keefe, Bruyette & Woods lowered their price target on Assurant from $230.00 to $224.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Truist Financial raised their price objective on Assurant from $240.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. StockNews.com lowered Assurant from a "buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, Piper Sandler raised shares of Assurant from a "neutral" rating to an "overweight" rating and set a $223.00 price target on the stock in a report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $234.17.

Insider Activity at Assurant

In related news, EVP Biju Nair sold 3,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $201.50, for a total value of $604,500.00. Following the completion of the transaction, the executive vice president now owns 17,708 shares of the company's stock, valued at approximately $3,568,162. This represents a 14.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.51% of the company's stock.

Assurant Company Profile

Assurant, Inc, together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services.