Zacks Research Has Bearish Estimate for Assurant Q2 Earnings

Assurant, Inc. (NYSE:AIZ) – Equities research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Assurant in a report issued on Thursday, April 9th. Zacks Research analyst Team now expects that the financial services provider will earn $5.36 per share for the quarter, down from their previous estimate of $5.44. The consensus estimate for Assurant’s current full-year earnings is $16.88 per share. Zacks Research also issued estimates for Assurant’s Q4 2026 earnings at $5.53 EPS, Q4 2027 earnings at $5.79 EPS and FY2027 earnings at $22.33 EPS.

Assurant (NYSE:AIZ) last issued its earnings results on Tuesday, February 10th. The financial services provider reported $5.61 EPS for the quarter, topping the consensus estimate of $5.55 by $0.06. Assurant had a return on equity of 18.65% and a net margin of 6.81%.The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the company earned $4.79 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year.

AIZ has been the topic of a number of other reports. Morgan Stanley decreased their price objective on Assurant from $248.00 to $240.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Assurant in a report on Monday, December 29th. Piper Sandler raised their price objective on Assurant from $252.00 to $264.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Truist Financial raised their price objective on Assurant from $265.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Wall Street Zen cut Assurant from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $256.83.

Assurant Stock Performance

NYSE:AIZ opened at $219.52 on Friday. The business’s 50-day moving average price is $222.87 and its two-hundred day moving average price is $225.08. Assurant has a twelve month low of $181.75 and a twelve month high of $246.31. The stock has a market cap of $10.91 billion, a P/E ratio of 12.94 and a beta of 0.56. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38.

Hedge Funds Weigh In On Assurant

Several hedge funds have recently made changes to their positions in AIZ. Versant Capital Management Inc increased its stake in shares of Assurant by 72.6% during the third quarter. Versant Capital Management Inc now owns 126 shares of the financial services provider’s stock valued at $27,000 after buying an additional 53 shares during the period. CYBER HORNET ETFs LLC purchased a new position in shares of Assurant during the second quarter valued at approximately $27,000. Montag A & Associates Inc. purchased a new position in shares of Assurant during the fourth quarter valued at approximately $28,000. Smartleaf Asset Management LLC lifted its position in shares of Assurant by 65.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 149 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 59 shares during the period. Finally, BOKF NA purchased a new stake in shares of Assurant in the 3rd quarter worth about $32,000. 92.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Assurant news, EVP Subhashish Sengupta sold 1,880 shares of Assurant stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.53, for a total value of $395,796.40. Following the transaction, the executive vice president directly owned 2,895 shares of the company’s stock, valued at $609,484.35. The trade was a 39.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Dimitry Dirienzo sold 750 shares of Assurant stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.98, for a total value of $158,235.00. Following the completion of the transaction, the chief accounting officer directly owned 4,741 shares in the company, valued at $1,000,256.18. This trade represents a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,650 shares of company stock worth $558,331 over the last ninety days. Insiders own 0.51% of the company’s stock.

Assurant Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Tuesday, February 17th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, February 17th. Assurant’s payout ratio is 20.74%.

About Assurant

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.