Zacks Research Has Bullish Estimate for Assurant Q2 Earnings

Key Points

• Zacks Research has increased its Q2 2026 EPS estimate for Assurant to $5.39, reflecting a positive outlook with a "Strong-Buy" rating on the stock.
• Assurant reported Q2 earnings of $5.56 per share, exceeding analyst estimates, along with a quarterly revenue of $3.16 billion.
• The company declared a quarterly dividend of $0.80 per share, set to be paid on September 29th, indicating a dividend yield of 1.5%.

Assurant, Inc. (NYSE:AIZ - Free Report) - Analysts at Zacks Research boosted their Q2 2026 EPS estimates for Assurant in a report released on Thursday, September 18th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $5.39 per share for the quarter, up from their previous estimate of $5.08. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Assurant's current full-year earnings is $16.88 per share. Zacks Research also issued estimates for Assurant's Q3 2026 earnings at $4.12 EPS, Q4 2026 earnings at $5.53 EPS, FY2026 earnings at $20.11 EPS, Q1 2027 earnings at $4.92 EPS, Q2 2027 earnings at $5.61 EPS and FY2027 earnings at $20.99 EPS.

Assurant (NYSE:AIZ - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The financial services provider reported $5.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.43 by $1.13. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.13 billion. Assurant had a net margin of 5.83% and a return on equity of 16.47%. The firm's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.77 earnings per share. Assurant has set its FY 2025 guidance at 22.390-22.390 EPS.

Several other research analysts have also issued reports on AIZ. Benchmark initiated coverage on shares of Assurant in a research report on Tuesday, August 12th. They issued a "buy" rating on the stock. Wall Street Zen upgraded shares of Assurant from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Morgan Stanley reaffirmed a "cautious" rating on shares of Assurant in a research note on Monday, August 18th. Keefe, Bruyette & Woods raised their price objective on shares of Assurant from $225.00 to $235.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 12th. Finally, BMO Capital Markets assumed coverage on shares of Assurant in a research note on Tuesday, August 12th. They issued an "outperform" rating and a $238.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $233.29.

Assurant Trading Down 0.1%

Assurant stock opened at $209.31 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market cap of $10.56 billion, a price-to-earnings ratio of 15.16 and a beta of 0.55. Assurant has a 1 year low of $174.97 and a 1 year high of $230.55. The firm's 50 day moving average price is $202.87 and its two-hundred day moving average price is $199.87.

Institutional Investors Weigh In On Assurant

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Assurant by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,775,234 shares of the financial services provider's stock valued at $1,338,041,000 after buying an additional 88,749 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Assurant by 8.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,051,114 shares of the financial services provider's stock valued at $800,054,000 after buying an additional 310,455 shares during the period. Invesco Ltd. boosted its stake in shares of Assurant by 28.0% during the 1st quarter. Invesco Ltd. now owns 1,479,310 shares of the financial services provider's stock valued at $310,285,000 after buying an additional 323,573 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of Assurant by 4.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,245,022 shares of the financial services provider's stock valued at $245,879,000 after buying an additional 53,773 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Assurant by 8.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 889,310 shares of the financial services provider's stock valued at $186,533,000 after buying an additional 72,046 shares during the period. Institutional investors and hedge funds own 92.65% of the company's stock.

Insider Buying and Selling at Assurant

In other Assurant news, CAO Dimitry Dirienzo sold 950 shares of Assurant stock in a transaction on Friday, August 8th. The shares were sold at an average price of $204.96, for a total transaction of $194,712.00. Following the completion of the sale, the chief accounting officer owned 3,135 shares of the company's stock, valued at $642,549.60. This trade represents a 23.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Keith Demmings sold 4,275 shares of Assurant stock in a transaction on Friday, August 29th. The shares were sold at an average price of $220.27, for a total transaction of $941,654.25. Following the sale, the chief executive officer directly owned 98,372 shares of the company's stock, valued at $21,668,400.44. This trade represents a 4.16% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,400 shares of company stock valued at $2,891,288 in the last quarter. Company insiders own 0.51% of the company's stock.

Assurant Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Assurant's dividend payout ratio (DPR) is 23.17%.

Assurant Company Profile

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.

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