Zacks Research Has Bullish Outlook for Assurant Q1 Earnings

Assurant, Inc. (NYSE:AIZ) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Assurant in a report released on Tuesday, November 19th. Zacks Research analyst T. De now expects that the financial services provider will earn $4.59 per share for the quarter, up from their prior estimate of $4.45. The consensus estimate for Assurant’s current full-year earnings is $15.05 per share. Zacks Research also issued estimates for Assurant’s Q2 2025 earnings at $4.54 EPS, Q3 2025 earnings at $3.81 EPS, FY2025 earnings at $17.70 EPS and Q3 2026 earnings at $3.37 EPS.

Assurant (NYSE:AIZ) last issued its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.48. The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.94 billion. Assurant had a net margin of 6.31% and a return on equity of 17.42%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the business posted $4.29 earnings per share.

Several other equities analysts have also recently weighed in on AIZ. Bank of America raised their price target on shares of Assurant from $228.00 to $233.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. UBS Group boosted their price target on shares of Assurant from $217.00 to $224.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Piper Sandler lifted their target price on Assurant from $200.00 to $217.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. StockNews.com cut Assurant from a “buy” rating to a “hold” rating in a research report on Thursday, October 17th. Finally, Keefe, Bruyette & Woods boosted their price target on Assurant from $194.00 to $212.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Assurant has an average rating of “Moderate Buy” and a consensus price target of $225.20.

Assurant Stock Up 0.4 %

AIZ stock opened at $226.15 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a market capitalization of $11.60 billion, a P/E ratio of 16.06, a P/E/G ratio of 2.18 and a beta of 0.57. Assurant has a fifty-two week low of $160.12 and a fifty-two week high of $227.16. The business has a 50-day moving average of $199.45 and a 200-day moving average of $184.02.

Hedge Funds Weigh In On Assurant

Several large investors have recently modified their holdings of AIZ. SteelPeak Wealth LLC boosted its stake in Assurant by 770.1% in the 2nd quarter. SteelPeak Wealth LLC now owns 13,051 shares of the financial services provider’s stock valued at $2,170,000 after purchasing an additional 11,551 shares during the period. UniSuper Management Pty Ltd grew its position in Assurant by 608.5% during the first quarter. UniSuper Management Pty Ltd now owns 5,640 shares of the financial services provider’s stock worth $1,062,000 after buying an additional 4,844 shares in the last quarter. QRG Capital Management Inc. increased its stake in Assurant by 44.9% during the 2nd quarter. QRG Capital Management Inc. now owns 12,614 shares of the financial services provider’s stock worth $2,097,000 after acquiring an additional 3,909 shares during the period. Bessemer Group Inc. raised its holdings in Assurant by 3,412.0% in the 1st quarter. Bessemer Group Inc. now owns 14,645 shares of the financial services provider’s stock valued at $2,757,000 after acquiring an additional 14,228 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Assurant by 443.7% in the 1st quarter. Cetera Investment Advisers now owns 12,973 shares of the financial services provider’s stock valued at $2,442,000 after acquiring an additional 10,587 shares in the last quarter. 92.65% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Assurant news, EVP Biju Nair sold 3,000 shares of Assurant stock in a transaction on Friday, November 8th. The shares were sold at an average price of $209.18, for a total transaction of $627,540.00. Following the completion of the transaction, the executive vice president now directly owns 20,658 shares of the company’s stock, valued at $4,321,240.44. The trade was a 12.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.53% of the company’s stock.

Assurant Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a dividend of $0.80 per share. The ex-dividend date is Monday, December 9th. This represents a $3.20 dividend on an annualized basis and a yield of 1.41%. This is a boost from Assurant’s previous quarterly dividend of $0.72. Assurant’s dividend payout ratio (DPR) is presently 20.54%.

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.