Brokers Set Expectations for Assurant FY2025 Earnings

Assurant, Inc. (NYSE:AIZ - Free Report) - Equities research analysts at Zacks Research issued their FY2025 earnings per share (EPS) estimates for Assurant in a note issued to investors on Monday, May 19th. Zacks Research analyst T. De forecasts that the financial services provider will post earnings per share of $16.34 for the year. The consensus estimate for Assurant's current full-year earnings is $16.88 per share. Zacks Research also issued estimates for Assurant's Q1 2026 earnings at $4.80 EPS, Q1 2027 earnings at $4.31 EPS and FY2027 earnings at $19.62 EPS.

Assurant (NYSE:AIZ - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The financial services provider reported $3.39 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.61. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.06 billion. Assurant had a return on equity of 17.25% and a net margin of 6.40%. The company's quarterly revenue was up 6.7% compared to the same quarter last year. During the same period last year, the company earned $4.78 earnings per share.

Several other equities research analysts have also weighed in on AIZ. Wall Street Zen upgraded Assurant from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th. Piper Sandler upgraded Assurant from a "neutral" rating to an "overweight" rating and set a $223.00 price objective on the stock in a research report on Thursday, April 10th. Truist Financial upped their price target on Assurant from $240.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Keefe, Bruyette & Woods upped their price target on Assurant from $224.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Finally, Morgan Stanley set a $217.00 target price on Assurant and gave the stock an "equal weight" rating in a report on Monday, May 19th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $228.67.

Assurant Stock Up 1.9%

NYSE AIZ traded up $3.63 during trading on Thursday, reaching $196.65. 625,283 shares of the company's stock were exchanged, compared to its average volume of 397,900. The firm has a market capitalization of $10.00 billion, a PE ratio of 13.59 and a beta of 0.59. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41. Assurant has a fifty-two week low of $160.12 and a fifty-two week high of $230.55. The company's fifty day simple moving average is $197.11 and its 200-day simple moving average is $207.11.

Assurant Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 9th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Monday, June 9th. Assurant's dividend payout ratio is 24.94%.

Insider Buying and Selling at Assurant

In other news, EVP Jay Rosenblum sold 1,000 shares of the company'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 sale, the executive vice president now directly owns 11,775 shares in the company, valued at approximately $2,377,725.75. This represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.51% of the company's stock.

Institutional Investors Weigh In On Assurant

Several institutional investors and hedge funds have recently made changes to their positions in AIZ. Zions Bancorporation National Association UT acquired a new stake in Assurant in the first quarter valued at approximately $26,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Assurant during the fourth quarter worth $28,000. Smartleaf Asset Management LLC lifted its holdings in Assurant by 127.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 134 shares of the financial services provider's stock worth $28,000 after acquiring an additional 75 shares during the period. Alpine Bank Wealth Management bought a new stake in Assurant during the first quarter worth $28,000. Finally, Private Trust Co. NA raised its stake in shares of Assurant by 192.2% in the first quarter. Private Trust Co. NA now owns 149 shares of the financial services provider's stock valued at $31,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 92.65% of the company's stock.

About Assurant

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.