FY2025 EPS Estimates for Assurant Boosted by Zacks Research

Key Points

• Zacks Research raised its FY2025 earnings per share estimate for Assurant to $17.07, supporting a "Strong-Buy" rating on the stock, which compares favorably to the consensus estimate of $16.88.
• Assurant recently announced a quarterly dividend of $0.80 per share, reflecting a 1.5% yield, with a low payout ratio of 23.17%.
• Multiple firms have recently upgraded their target prices and ratings for Assurant, with Keefe, Bruyette & Woods increasing their target from $225.00 to $235.00, indicating strong institutional support.

Assurant, Inc. (NYSE:AIZ - Free Report) - Zacks Research upped their FY2025 EPS estimates for Assurant in a research note issued on Wednesday, August 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $17.07 for the year, up from their previous estimate of $17.01. Zacks Research currently 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 Q1 2026 earnings at $5.07 EPS, Q2 2026 earnings at $5.08 EPS, Q3 2026 earnings at $4.04 EPS, FY2026 earnings at $19.62 EPS, Q1 2027 earnings at $4.69 EPS, Q2 2027 earnings at $5.35 EPS and FY2027 earnings at $20.08 EPS.

A number of other research analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Assurant from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Stephens assumed coverage on shares of Assurant in a report on Tuesday, August 12th. They set an "overweight" rating for the company. Morgan Stanley reaffirmed a "cautious" rating on shares of Assurant in a report 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 report on Tuesday, August 12th. Finally, Benchmark assumed coverage on shares of Assurant in a report on Tuesday, August 12th. They set a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $233.29.

Assurant Price Performance

AIZ traded up $2.05 during midday trading on Monday, reaching $218.19. 260,181 shares of the company's stock were exchanged, compared to its average volume of 484,863. The firm has a market capitalization of $11.01 billion, a price-to-earnings ratio of 15.78 and a beta of 0.58. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.38. Assurant has a one year low of $174.97 and a one year high of $230.55. The business has a 50-day simple moving average of $197.16 and a two-hundred day simple moving average of $199.15.

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

Institutional Investors Weigh In On Assurant

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Orion Porfolio Solutions LLC lifted its position in Assurant by 21.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,383 shares of the financial services provider's stock worth $2,643,000 after buying an additional 2,351 shares in the last quarter. State of Wyoming bought a new stake in Assurant during the 2nd quarter worth about $143,000. CYBER HORNET ETFs LLC bought a new stake in Assurant during the 2nd quarter worth about $27,000. FORA Capital LLC acquired a new position in shares of Assurant during the 2nd quarter worth about $427,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Assurant during the 2nd quarter worth about $1,235,000. 92.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other 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 transaction, the chief accounting officer directly owned 3,135 shares of the company's stock, valued at $642,549.60. This trade represents a 23.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jay Rosenblum sold 3,900 shares of Assurant stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $208.53, for a total transaction of $813,267.00. Following the transaction, the executive vice president directly owned 7,875 shares in the company, valued at approximately $1,642,173.75. This represents a 33.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by company insiders.

Assurant Dividend Announcement

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