Assurant (AIZ) Projected to Post Earnings on Tuesday

Assurant (NYSE:AIZ) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Assurant to post earnings of $3.00 per share and revenue of $3.06 billion for the quarter.

Assurant (NYSE:AIZ) last posted its quarterly earnings data on Tuesday, February 11th. The financial services provider reported $4.79 EPS for the quarter, beating the consensus estimate of $3.96 by $0.83. Assurant had a net margin of 6.40% and a return on equity of 17.25%. On average, analysts expect Assurant to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Assurant Price Performance

AIZ stock opened at $197.00 on Friday. The stock has a 50-day moving average price of $199.82 and a two-hundred day moving average price of $206.78. Assurant has a 1 year low of $160.12 and a 1 year high of $230.55. The stock has a market cap of $10.02 billion, a PE ratio of 13.61 and a beta of 0.53. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.41.

Insider Buying and Selling at Assurant

In other news, EVP Biju Nair sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $201.50, for a total value of $604,500.00. Following the completion of the sale, the executive vice president now directly owns 17,708 shares of the company’s stock, valued at $3,568,162. This trade represents a 14.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

AIZ has been the topic of a number of recent research reports. Piper Sandler raised Assurant from a “neutral” rating to an “overweight” rating and set a $223.00 target price on the stock in a research report on Thursday, April 10th. StockNews.com lowered shares of Assurant from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Truist Financial raised their target price on shares of Assurant from $240.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Assurant from $230.00 to $224.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $234.17.

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.