FY2026 EPS Estimates for Assurant Boosted by Zacks Research

Key Points

• Zacks Research raised Assurant’s FY2026 EPS estimate to $21.79 from $21.70, though it remains below the broader consensus forecast of $22.05. The firm also projected FY2027 EPS of $23.12 and FY2028 EPS of $24.92.
• Assurant’s latest quarterly results exceeded expectations, with EPS of $6.41 versus the $5.17 consensus and revenue of $3.45 billion. Revenue increased 9.4% year over year.
• Analysts maintain a generally positive outlook, with the stock carrying an average “Buy” rating and a $327.14 average price target. Assurant also declared a quarterly dividend of $0.88 per share, representing a 1.3% annualized yield.

Assurant, Inc. (NYSE:AIZ - Free Report) - Equities research analysts at Zacks Research upped their FY2026 earnings per share estimates for Assurant in a research note issued on Monday, September 7th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $21.79 for the year, up from their previous forecast of $21.70. The consensus estimate for Assurant's current full-year earnings is $22.05 per share. Zacks Research also issued estimates for Assurant's Q4 2026 earnings at $4.96 EPS, Q1 2027 earnings at $5.62 EPS, Q2 2027 earnings at $6.09 EPS, Q4 2027 earnings at $5.60 EPS, FY2027 earnings at $23.12 EPS, Q2 2028 earnings at $6.47 EPS and FY2028 earnings at $24.92 EPS.

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

Several other equities analysts also recently commented on the company. Royal Bank Of Canada set a $310.00 price target on Assurant in a report on Wednesday, June 17th. Wall Street Zen lowered shares of Assurant from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Weiss Ratings upgraded shares of Assurant from a "buy (b+)" rating to a "buy (a-)" rating in a report on Tuesday, August 11th. Truist Financial boosted their target price on shares of Assurant from $310.00 to $355.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, UBS Group upped their price target on shares of Assurant from $274.00 to $331.00 and gave the company a "buy" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $327.14.

Assurant Stock Down 1.6%

Shares of AIZ stock opened at $281.17 on Wednesday. The stock's 50 day simple moving average is $281.56 and its 200 day simple moving average is $252.50. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.38 and a current ratio of 0.38. Assurant has a twelve month low of $205.01 and a twelve month high of $303.94. The company has a market capitalization of $13.87 billion, a price-to-earnings ratio of 13.43 and a beta of 0.54.

Hedge Funds Weigh In On Assurant

A number of hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System boosted its position in shares of Assurant by 26,178.3% during the 2nd quarter. California State Teachers Retirement System now owns 15,459,004 shares of the financial services provider's stock valued at $4,151,206,000 after acquiring an additional 15,400,176 shares in the last quarter. BlackRock Inc. acquired a new position in Assurant in the second quarter worth about $1,345,211,000. Bank of New York Mellon Corp bought a new position in Assurant during the second quarter worth about $1,269,591,000. Bank of America Corp DE bought a new position in Assurant during the second quarter worth about $269,635,000. Finally, Norges Bank acquired a new stake in Assurant during the fourth quarter valued at approximately $161,574,000. Institutional investors and hedge funds own 92.65% of the company's stock.

Insider Activity

In other news, EVP Biju Nair sold 3,931 shares of the business's 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 in the company, 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 SEC, which is accessible through the SEC website. Also, EVP Robert Lonergan sold 7,000 shares of the firm's stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $262.71, for a total value of $1,838,970.00. Following the completion of the transaction, the executive vice president directly owned 27,374 shares of the company's stock, valued at approximately $7,191,423.54. This trade represents a 20.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.54% of the company's stock.

Assurant Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, August 31st will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.3%. Assurant's dividend payout ratio (DPR) is 16.81%.

Assurant Company Profile

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.

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