Zacks Research Predicts Assurant FY2025 Earnings

Assurant, Inc. (NYSE:AIZ) – Investment analysts at Zacks Research issued their FY2025 EPS estimates for Assurant in a research note issued to investors on Tuesday, November 18th. Zacks Research analyst Team expects that the financial services provider will post earnings per share of $19.09 for the year. Zacks Research currently has a “Hold” 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 2027 earnings at $4.87 EPS, Q2 2027 earnings at $5.57 EPS, Q3 2027 earnings at $5.93 EPS and FY2027 earnings at $22.37 EPS.

Several other research firms have also recently commented on AIZ. Stephens initiated coverage on Assurant in a research note on Tuesday, August 12th. They set an “overweight” rating for the company. UBS Group lifted their price objective on Assurant from $255.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Wall Street Zen raised Assurant from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Truist Financial set a $255.00 target price on shares of Assurant in a report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Assurant from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $250.00.

Assurant Stock Up 0.6%

Assurant stock opened at $225.93 on Thursday. The firm has a market capitalization of $11.31 billion, a P/E ratio of 16.36 and a beta of 0.56. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.38. Assurant has a twelve month low of $174.97 and a twelve month high of $232.02. The stock’s fifty day simple moving average is $216.09 and its 200-day simple moving average is $205.44.

Assurant (NYSE:AIZ) last released its earnings results on Thursday, March 24th. The financial services provider reported $1.80 earnings per share (EPS) for the quarter. Assurant had a net margin of 5.83% and a return on equity of 16.47%. The company had revenue of $2.42 billion for the quarter. Assurant has set its FY 2022 guidance at $13.062-$13.512 EPS.

Assurant Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 1st will be paid a $0.88 dividend. This is an increase from Assurant’s previous quarterly dividend of $0.80. This represents a $3.52 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, December 1st. Assurant’s payout ratio is currently 21.42%.

Insiders Place Their Bets

In other Assurant news, CEO Keith Demmings sold 13,725 shares of the firm’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $220.52, for a total transaction of $3,026,637.00. Following the sale, the chief executive officer owned 84,647 shares of the company’s stock, valued at approximately $18,666,356.44. This trade represents a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 22,275 shares of company stock worth $4,909,946 over the last 90 days. 0.51% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Zions Bancorporation National Association UT purchased a new stake in Assurant in the first quarter valued at $26,000. Versant Capital Management Inc lifted its holdings in shares of Assurant by 72.6% in the 3rd quarter. Versant Capital Management Inc now owns 126 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 53 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Assurant in the 2nd quarter valued at about $27,000. REAP Financial Group LLC grew its stake in Assurant by 193.9% during the 2nd quarter. REAP Financial Group LLC now owns 144 shares of the financial services provider’s stock worth $29,000 after buying an additional 95 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in Assurant by 1,133.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 148 shares of the financial services provider’s stock worth $29,000 after buying an additional 136 shares during the last quarter. 92.65% of the stock is owned by hedge funds and other institutional investors.

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.