What is William Blair's Forecast for Assurant Q1 Earnings?

Assurant, Inc. (NYSE:AIZ - Free Report) - Equities research analysts at William Blair reduced their Q1 2025 earnings estimates for Assurant in a research note issued to investors on Wednesday, February 12th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $2.63 per share for the quarter, down from their prior forecast of $4.74. The consensus estimate for Assurant's current full-year earnings is $16.88 per share. William Blair also issued estimates for Assurant's FY2025 earnings at $15.95 EPS and Q3 2026 earnings at $3.45 EPS.

Several other brokerages have also recently commented on AIZ. Truist Financial raised their price objective on shares of Assurant from $240.00 to $250.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. StockNews.com downgraded shares of Assurant from a "buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Morgan Stanley started coverage on Assurant in a report on Thursday, December 5th. They issued an "equal weight" rating and a $251.00 price target on the stock. Finally, Keefe, Bruyette & Woods lifted their price objective on Assurant from $194.00 to $212.00 and gave the stock a "market perform" rating in a report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $231.17.

Assurant Price Performance

AIZ stock traded down $1.31 on Monday, reaching $200.23. 317,124 shares of the company's stock were exchanged, compared to its average volume of 386,716. The firm has a market cap of $10.27 billion, a PE ratio of 13.84 and a beta of 0.62. Assurant has a twelve month low of $160.12 and a twelve month high of $230.55. The stock has a fifty day moving average of $210.77 and a 200-day moving average of $203.48. The company has a quick ratio of 0.42, a current ratio of 0.64 and a debt-to-equity ratio of 0.41.

Assurant (NYSE:AIZ - Get Free Report) last released its earnings results on Tuesday, February 11th. The financial services provider reported $4.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.83. Assurant had a return on equity of 17.25% and a net margin of 6.40%.

Institutional Investors Weigh In On Assurant

A number of large investors have recently bought and sold shares of AIZ. Public Sector Pension Investment Board lifted its position in shares of Assurant by 2.3% in the third quarter. Public Sector Pension Investment Board now owns 9,021 shares of the financial services provider's stock valued at $1,794,000 after acquiring an additional 200 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Assurant by 4.4% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 159,880 shares of the financial services provider's stock valued at $31,794,000 after purchasing an additional 6,756 shares during the last quarter. Blue Trust Inc. lifted its holdings in Assurant by 28.6% in the 4th quarter. Blue Trust Inc. now owns 845 shares of the financial services provider's stock valued at $168,000 after purchasing an additional 188 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Assurant by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 171,370 shares of the financial services provider's stock worth $34,079,000 after purchasing an additional 24,887 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new position in shares of Assurant in the fourth quarter valued at approximately $254,000. Institutional investors and hedge funds own 92.65% of the company's stock.

Assurant Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, February 3rd will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $3.20 annualized dividend and a dividend yield of 1.60%. Assurant's dividend payout ratio is currently 22.11%.

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.