Assurant (NYSE:AIZ) Hits New 52-Week High Following Earnings Beat

Key Points

• Assurant beat quarterly expectations, reporting EPS of $6.15 versus the $4.75 consensus and revenue of $3.53 billion, up 9.2% year over year. Shares reached a 52-week high of $309.45 after the results.
• Management raised its full-year outlook; year-to-date adjusted EBITDA rose 26% and GAAP net income increased 31% compared with the first nine months of 2025.
• Assurant paid a quarterly dividend of $0.88 per share, equivalent to $3.52 annually and a yield of about 1.2%.

Shares of Assurant, Inc. (NYSE:AIZ - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $309.45 and last traded at $304.6580, with a volume of 29,505 shares traded. The stock had previously closed at $296.13.

The financial services provider reported $6.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.75 by $1.40. The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.48 billion. Assurant had a net margin of 7.90% and a return on equity of 20.40%. Assurant's revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.73 earnings per share.

Assurant Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, August 31st were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, August 31st. Assurant's dividend payout ratio (DPR) is 16.81%.

More Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Adjusted earnings were $6.15 per share, ahead of analyst estimates, while revenue of $3.53 billion also topped expectations and rose 9.2% year over year. Assurant beats Q3 estimates
• Positive Sentiment: Management increased its full-year outlook. Results also showed year-to-date momentum: adjusted EBITDA rose 26% and GAAP net income increased 31% compared with the first nine months of 2025. Assurant raises full-year outlook

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AIZ. Morgan Stanley reduced their price target on shares of Assurant from $320.00 to $300.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 6th. Keefe, Bruyette & Woods boosted their price objective on Assurant from $310.00 to $325.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Zacks Research upgraded Assurant from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 16th. BMO Capital Markets increased their target price on Assurant from $274.00 to $320.00 and gave the stock an "outperform" rating in a report on Friday, August 28th. Finally, Wall Street Zen lowered Assurant from a "buy" rating to a "hold" rating in a research report on Saturday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, Assurant has a consensus rating of "Buy" and a consensus target price of $324.29.

Insiders Place Their Bets

In other Assurant news, EVP Biju Nair sold 3,931 shares of the firm's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $302.46, for a total value of $1,188,970.26. Following the transaction, the executive vice president owned 24,247 shares of the company's stock, valued at $7,333,747.62. This trade represents a 13.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Assurant

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Assurant in the second quarter worth approximately $1,345,211,000. Bank of New York Mellon Corp acquired a new position in shares of Assurant during the 2nd quarter valued at $1,269,591,000. Dimensional Fund Advisors LP raised its stake in shares of Assurant by 22.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,125,406 shares of the financial services provider's stock worth $245,121,000 after buying an additional 205,767 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Assurant in the 2nd quarter worth $269,635,000. Finally, First Trust Advisors LP raised its stake in shares of Assurant by 9.2% in the 1st quarter. First Trust Advisors LP now owns 632,896 shares of the financial services provider's stock worth $137,851,000 after buying an additional 53,470 shares in the last quarter. 92.65% of the stock is owned by institutional investors.

Assurant Stock Performance

The company has a debt-to-equity ratio of 0.36, a current ratio of 0.38 and a quick ratio of 0.38. The firm has a market cap of $15.05 billion, a price-to-earnings ratio of 14.57 and a beta of 0.52. The company has a fifty day moving average price of $279.13 and a two-hundred day moving average price of $255.18.

About Assurant

Assurant, Inc NYSE: AIZ is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.

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