DOWLING & PARTN Comments on Assurant FY2026 Earnings

Key Points

• DOWLING & PARTN forecasts Assurant will earn $22.50 per share in FY2026, above the $22.28 consensus estimate, and projects FY2027 EPS of $22.75.
• Assurant’s latest quarterly results exceeded expectations, with EPS of $6.41 versus the $5.17 consensus and revenue of $3.45 billion, up 9.4% year over year.
• Analysts maintain a generally positive view, with Assurant carrying an average “Buy” rating and a consensus price target of $327.14; the company also pays a quarterly dividend of $0.88 per share.

Assurant, Inc. (NYSE:AIZ - Free Report) - Investment analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Assurant in a report issued on Tuesday, September 29th. DOWLING & PARTN analyst D. Lukpanov expects that the financial services provider will earn $22.50 per share for the year. The consensus estimate for Assurant's current full-year earnings is $22.28 per share. DOWLING & PARTN also issued estimates for Assurant's FY2027 earnings at $22.75 EPS.

A number of other equities research analysts also recently weighed in on AIZ. Wall Street Zen downgraded Assurant from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. UBS Group raised their price objective on shares of Assurant from $274.00 to $331.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of Assurant from a "buy (b+)" rating to a "buy (a-)" rating in a report on Tuesday, August 11th. Morgan Stanley boosted their price target on Assurant from $300.00 to $320.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Finally, Royal Bank Of Canada set a $310.00 price objective on Assurant in a research note on Wednesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to MarketBeat.com, Assurant currently has an average rating of "Buy" and a consensus price target of $327.14.

Assurant Trading Up 1.1%

NYSE AIZ opened at $266.29 on Friday. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.36. Assurant has a 1-year low of $206.03 and a 1-year high of $303.94. The firm's fifty day simple moving average is $280.60 and its 200-day simple moving average is $258.51. The company has a market capitalization of $13.13 billion, a PE ratio of 12.72 and a beta of 0.53.

Assurant (NYSE:AIZ - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $6.41 EPS for the quarter, beating analysts' consensus estimates of $5.17 by $1.24. The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.43 billion. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The firm's revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm posted $5.56 earnings per share.

Assurant Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, August 31st were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, August 31st. Assurant's dividend payout ratio is presently 16.81%.

Insider Buying and Selling at Assurant

In other Assurant news, EVP Biju Nair sold 3,931 shares of Assurant stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $302.46, for a total transaction of $1,188,970.26. Following the sale, the executive vice president directly owned 24,247 shares of the company's stock, valued at approximately $7,333,747.62. The trade was a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.54% of the company's stock.

Institutional Trading of Assurant

Several large investors have recently added to or reduced their stakes in AIZ. First Bancorp Inc ME acquired a new position in shares of Assurant in the 2nd quarter worth approximately $31,000. Arlington Trust Co LLC boosted its stake in Assurant by 81.4% in the second quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider's stock worth $34,000 after purchasing an additional 57 shares in the last quarter. Transamerica Financial Advisors LLC bought a new stake in shares of Assurant during the second quarter worth $40,000. Western Wealth Management LLC acquired a new stake in shares of Assurant in the first quarter valued at $33,000. Finally, Root Financial Partners LLC increased its position in Assurant by 27.5% in the 1st quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider's stock valued at $54,000 after acquiring an additional 53 shares in the last quarter. 92.65% of the stock is owned by institutional investors.

Assurant Company Profile

Assurant, Inc is a global business services company that provides insurance products and related services supporting major purchases and everyday needs. Its offerings are distributed through partnerships with mobile carriers, retailers, automotive manufacturers and dealers, financial institutions, housing providers, and other businesses.

Through its Global Lifestyle business, Assurant provides mobile device protection, extended service contracts, vehicle service contracts, and related protection products.

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