Assurant, Inc. (NYSE:AIZ – Free Report) – Research analysts at Zacks Research issued their FY2025 earnings per share estimates for Assurant in a report issued on Monday, May 19th. Zacks Research analyst T. De anticipates that the financial services provider will post earnings per share of $16.34 for the year. 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 $4.80 EPS, Q1 2027 earnings at $4.31 EPS and FY2027 earnings at $19.62 EPS.
Assurant (NYSE:AIZ – Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The financial services provider reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.61. Assurant had a return on equity of 17.25% and a net margin of 6.40%. The company had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter in the previous year, the company posted $4.78 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis.
View Our Latest Research Report on AIZ
Assurant Trading Up 0.3%
Shares of NYSE:AIZ opened at $193.14 on Thursday. Assurant has a 12-month low of $160.12 and a 12-month high of $230.55. The stock has a market cap of $9.82 billion, a PE ratio of 13.35 and a beta of 0.59. The business has a 50 day moving average of $197.42 and a 200-day moving average of $207.09. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.41.
Institutional Investors Weigh In On Assurant
A number of hedge funds and other institutional investors have recently made changes to their positions in AIZ. Zions Bancorporation National Association UT acquired a new position in Assurant during the first quarter valued at approximately $26,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Assurant during the fourth quarter valued at approximately $28,000. Smartleaf Asset Management LLC raised its position in Assurant by 127.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 134 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 75 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in Assurant during the first quarter valued at approximately $28,000. Finally, Private Trust Co. NA raised its position in Assurant by 192.2% during the first quarter. Private Trust Co. NA now owns 149 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 98 shares in the last quarter. 92.65% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, EVP Jay Rosenblum sold 1,000 shares of Assurant stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $201.93, for a total value of $201,930.00. Following the completion of the sale, the executive vice president now directly owns 11,775 shares in the company, valued at approximately $2,377,725.75. The trade was a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.51% of the stock is owned by company insiders.
Assurant Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be given a $0.80 dividend. The ex-dividend date is Monday, June 9th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.66%. Assurant’s payout ratio is 24.94%.
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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