Equities Analysts Set Expectations for Assurant Q3 Earnings

Assurant, Inc. (NYSE:AIZ) – Analysts at Zacks Research upped their Q3 2025 earnings per share estimates for shares of Assurant in a research note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $3.79 per share for the quarter, up from their previous estimate of $3.78. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Assurant’s current full-year earnings is $16.88 per share.

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

Several other research analysts also recently commented on the company. BMO Capital Markets initiated coverage on Assurant in a research note on Tuesday, August 12th. They set an “outperform” rating and a $238.00 target price for the company. Piper Sandler lifted their target price on Assurant from $238.00 to $248.00 and gave the stock an “overweight” rating in a research note on Friday, October 10th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Assurant in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods boosted their price target on Assurant from $225.00 to $235.00 and gave the company an “outperform” rating in a research note on Tuesday, August 12th. Finally, UBS Group boosted their price target on Assurant from $250.00 to $255.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $243.00.

Assurant Stock Performance

Shares of NYSE AIZ opened at $207.49 on Friday. 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 12 month low of $174.97 and a 12 month high of $230.55. The stock has a 50 day moving average of $213.80 and a 200-day moving average of $200.96. The company has a market capitalization of $10.47 billion, a P/E ratio of 15.02 and a beta of 0.55.

Hedge Funds Weigh In On Assurant

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zions Bancorporation National Association UT acquired a new position in Assurant in the 1st quarter valued at $26,000. Alpine Bank Wealth Management acquired a new position in shares of Assurant during the 1st quarter worth $28,000. CYBER HORNET ETFs LLC acquired a new position in shares of Assurant during the 2nd quarter worth $27,000. REAP Financial Group LLC raised its holdings in shares of 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 in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of 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 in the last quarter. 92.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Assurant

In other Assurant news, EVP Jay Rosenblum sold 3,900 shares of Assurant stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $208.53, for a total value of $813,267.00. Following the completion of the transaction, the executive vice president directly owned 7,875 shares of the company’s stock, valued at $1,642,173.75. The trade was a 33.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Dimitry Dirienzo sold 950 shares of Assurant stock in a transaction on Friday, August 8th. The shares were sold at an average price of $204.96, for a total value of $194,712.00. Following the completion of the transaction, the chief accounting officer directly owned 3,135 shares of the company’s stock, valued at $642,549.60. This represents a 23.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,125 shares of company stock valued at $5,917,925 in the last three months. Corporate insiders own 0.51% of the company’s stock.

Assurant Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Tuesday, September 2nd were paid a $0.80 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.20 annualized dividend and a yield of 1.5%. Assurant’s payout ratio is 23.17%.

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.