Zacks Research Analysts Cut Earnings Estimates for Assurant

Key Points

• Zacks Research trimmed its FY2026 earnings estimate for Assurant to $20.73 per share from $21.03, issuing updated multi-year EPS forecasts.
• Analyst views vary after several firms adjusted ratings and targets, but the stock carries a consensus rating of "Moderate Buy" with a mean price target of $256.83.
• Assurant recently beat quarterly EPS ($5.61 vs. $5.55 estimate) with revenue up 7.9% year-over-year, and pays a quarterly dividend of $0.88 (about a 1.6% yield).

Assurant, Inc. (NYSE:AIZ - Free Report) - Equities researchers at Zacks Research dropped their FY2026 earnings estimates for Assurant in a note issued to investors on Thursday, April 9th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $20.73 per share for the year, down from their previous forecast of $21.03. The consensus estimate for Assurant's current full-year earnings is $16.88 per share. Zacks Research also issued estimates for Assurant's Q2 2027 earnings at $5.56 EPS, Q1 2028 earnings at $5.04 EPS and FY2028 earnings at $24.08 EPS.

A number of other research firms have also issued reports on AIZ. BMO Capital Markets decreased their price objective on Assurant from $255.00 to $246.00 and set an "outperform" rating on the stock in a research note on Thursday, February 12th. Weiss Ratings reiterated a "buy (b)" rating on shares of Assurant in a research note on Monday, December 29th. Wall Street Zen lowered Assurant from a "buy" rating to a "hold" rating in a research note on Saturday, February 14th. Piper Sandler boosted their price objective on Assurant from $252.00 to $264.00 and gave the company an "overweight" rating in a research note on Friday, December 19th. Finally, Morgan Stanley decreased their price objective on Assurant from $248.00 to $240.00 and set an "equal weight" rating on the stock in a research note on Monday, April 6th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $256.83.

Assurant Stock Performance

NYSE AIZ opened at $219.52 on Monday. The company's 50 day moving average is $222.87 and its 200-day moving average is $225.24. Assurant has a 12-month low of $181.75 and a 12-month high of $246.31. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38. The firm has a market cap of $10.91 billion, a P/E ratio of 12.94 and a beta of 0.56.

Assurant (NYSE:AIZ - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $5.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.06. Assurant had a net margin of 6.81% and a return on equity of 18.65%. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the firm posted $4.79 earnings per share. The company's quarterly revenue was up 7.9% compared to the same quarter last year.

Hedge Funds Weigh In On Assurant

A number of institutional investors have recently added to or reduced their stakes in AIZ. Versant Capital Management Inc increased its stake in Assurant by 72.6% in the 3rd quarter. Versant Capital Management Inc now owns 126 shares of the financial services provider's stock worth $27,000 after acquiring an additional 53 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Assurant in the 2nd quarter worth $27,000. Montag A & Associates Inc. bought a new position in shares of Assurant in the 4th quarter worth $28,000. Smartleaf Asset Management LLC increased its holdings in shares of Assurant by 65.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 149 shares of the financial services provider's stock worth $32,000 after buying an additional 59 shares during the last quarter. Finally, BOKF NA bought a new position in shares of Assurant in the 3rd quarter worth $32,000. 92.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Dimitry Dirienzo sold 750 shares of the business's stock in a transaction on Friday, March 20th. The shares were sold at an average price of $210.98, for a total transaction of $158,235.00. Following the completion of the transaction, the chief accounting officer directly owned 4,741 shares in the company, valued at $1,000,256.18. The trade was a 13.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Subhashish Sengupta sold 1,880 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $210.53, for a total value of $395,796.40. Following the completion of the transaction, the executive vice president owned 2,895 shares in the company, valued at $609,484.35. This represents a 39.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,650 shares of company stock valued at $558,331 over the last 90 days. Company insiders own 0.51% of the company's stock.

Assurant Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, February 17th. Assurant's payout ratio is 20.74%.

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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