William Blair Comments on Assurant's Q3 Earnings (NYSE:AIZ)

Key Points

• William Blair raised its Q3 2026 EPS estimate for Assurant to $3.48, slightly above the previous estimate of $3.47, while the full-year consensus EPS is at $16.88.
• Assurant's recent earnings report revealed an EPS of $5.56, surpassing the expected $4.43 and showing an 8% revenue increase from the same quarter last year.
• Assurant's stock holds an average target price of $228.83, with five analysts giving it a buy rating and two advising a hold.

Assurant, Inc. (NYSE:AIZ - Free Report) - Investment analysts at William Blair upped their Q3 2026 earnings estimates for shares of Assurant in a research note issued on Thursday, August 7th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings of $3.48 per share for the quarter, up from their prior estimate of $3.47. The consensus estimate for Assurant's current full-year earnings is $16.88 per share. William Blair also issued estimates for Assurant's Q4 2026 earnings at $5.40 EPS.

Several other equities analysts have also recently issued reports on AIZ. Stephens initiated coverage on shares of Assurant in a research note on Tuesday. They set an "overweight" rating on the stock. Morgan Stanley raised their price target on Assurant from $217.00 to $218.00 and gave the stock an "equal weight" rating in a research report on Monday, July 14th. Keefe, Bruyette & Woods boosted their target price on shares of Assurant from $225.00 to $235.00 and gave the company an "outperform" rating in a research note on Tuesday. Wall Street Zen upgraded Assurant from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, BMO Capital Markets assumed coverage on Assurant in a research report on Tuesday. They set an "outperform" rating and a $238.00 price target on the stock. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Assurant presently has a consensus rating of "Moderate Buy" and an average price target of $231.57.

Assurant Stock Up 1.8%

Assurant stock traded up $3.66 during mid-day trading on Friday, hitting $209.37. The company had a trading volume of 404,197 shares, compared to its average volume of 490,912. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $10.65 billion, a PE ratio of 15.16 and a beta of 0.58. Assurant has a 12 month low of $174.97 and a 12 month high of $230.55. The stock's 50 day moving average price is $193.96 and its two-hundred day moving average price is $199.15.

Assurant (NYSE:AIZ - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The financial services provider reported $5.56 earnings per share for the quarter, topping the consensus estimate of $4.43 by $1.13. The business had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.13 billion. Assurant had a return on equity of 16.47% and a net margin of 5.83%. The business's revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $4.77 EPS.

Assurant Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 9th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, June 9th. Assurant's dividend payout ratio (DPR) is presently 23.17%.

Insider Buying and Selling at Assurant

In related news, EVP Jay Rosenblum sold 1,000 shares of the business's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $201.93, for a total transaction of $201,930.00. Following the completion of the transaction, the executive vice president directly owned 11,775 shares of the company's stock, valued at $2,377,725.75. The trade was a 7.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Dimitry Dirienzo sold 950 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $204.96, for a total value of $194,712.00. Following the sale, the chief accounting officer directly owned 3,135 shares in the company, valued at $642,549.60. This trade represents a 23.26% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.51% of the company's stock.

Institutional Investors Weigh In On Assurant

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Zions Bancorporation National Association UT purchased a new stake in Assurant during the first quarter worth $26,000. Alpine Bank Wealth Management acquired a new position in shares of Assurant in the first quarter worth about $28,000. REAP Financial Group LLC increased its holdings in Assurant by 193.9% during the 2nd quarter. REAP Financial Group LLC now owns 144 shares of the financial services provider's stock worth $29,000 after purchasing an additional 95 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in shares of Assurant by 1,133.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 148 shares of the financial services provider's stock valued at $29,000 after buying an additional 136 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in shares of Assurant by 192.2% during the first quarter. Private Trust Co. NA now owns 149 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 98 shares during the period. 92.65% of the stock is owned by hedge funds and other institutional investors.

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.