Research Analysts Set Expectations for Assurant Q1 Earnings

Assurant, Inc. (NYSE:AIZ - Free Report) - Zacks Research boosted their Q1 2025 earnings per share estimates for Assurant in a research note issued on Tuesday, November 19th. Zacks Research analyst T. De now expects that the financial services provider will earn $4.59 per share for the quarter, up from their previous estimate of $4.45. The consensus estimate for Assurant's current full-year earnings is $15.05 per share. Zacks Research also issued estimates for Assurant's Q2 2025 earnings at $4.54 EPS, Q3 2025 earnings at $3.81 EPS, FY2025 earnings at $17.70 EPS and Q3 2026 earnings at $3.37 EPS.

Assurant (NYSE:AIZ - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $3.00 EPS for the quarter, topping the consensus estimate of $2.52 by $0.48. Assurant had a return on equity of 17.42% and a net margin of 6.31%. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the business posted $4.29 earnings per share. The company's quarterly revenue was up 7.0% on a year-over-year basis.

A number of other research firms have also recently weighed in on AIZ. Bank of America raised their price target on Assurant from $228.00 to $233.00 and gave the company a "buy" rating in a research note on Thursday, October 10th. UBS Group raised their price target on Assurant from $217.00 to $224.00 and gave the stock a "buy" rating in a report on Monday, September 23rd. Keefe, Bruyette & Woods lifted their price objective on Assurant from $194.00 to $212.00 and gave the company a "market perform" rating in a report on Tuesday, November 12th. Piper Sandler lifted their price objective on Assurant from $200.00 to $217.00 and gave the company a "neutral" rating in a report on Wednesday, October 2nd. Finally, Truist Financial boosted their price target on Assurant from $220.00 to $240.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Assurant currently has an average rating of "Moderate Buy" and a consensus target price of $225.20.

Assurant Trading Up 0.8 %

NYSE:AIZ opened at $220.85 on Thursday. The firm has a market cap of $11.33 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 2.18 and a beta of 0.57. The stock has a fifty day moving average price of $198.15 and a 200 day moving average price of $183.47. Assurant has a 12-month low of $160.12 and a 12-month high of $222.67. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.40.

Assurant Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be paid a dividend of $0.80 per share. This is a positive change from Assurant's previous quarterly dividend of $0.72. The ex-dividend date is Monday, December 9th. This represents a $3.20 annualized dividend and a yield of 1.45%. Assurant's dividend payout ratio is 20.54%.

Insider Buying and Selling

In related news, EVP Biju Nair sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $209.18, for a total transaction of $627,540.00. Following the completion of the sale, the executive vice president now directly owns 20,658 shares in the company, valued at approximately $4,321,240.44. This trade represents a 12.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.53% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. True Wealth Design LLC acquired a new position in Assurant during the 3rd quarter worth $25,000. Innealta Capital LLC acquired a new position in Assurant in the second quarter valued at approximately $31,000. Richardson Financial Services Inc. lifted its holdings in Assurant by 62.1% in the second quarter. Richardson Financial Services Inc. now owns 201 shares of the financial services provider's stock valued at $33,000 after buying an additional 77 shares during the period. Huntington National Bank increased its stake in Assurant by 509.4% in the third quarter. Huntington National Bank now owns 195 shares of the financial services provider's stock valued at $39,000 after purchasing an additional 163 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in Assurant in the third quarter valued at approximately $42,000. Institutional investors 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.

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