Assurant (NYSE:AIZ) Stock Price Target Raised at Keefe, Bruyette & Woods

Assurant (NYSE:AIZ) had its price objective raised by Keefe, Bruyette & Woods from $325.00 to $345.00 in a research note released on Thursday morning,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the financial services provider’s stock.

Several other equities analysts have also recently issued reports on AIZ. Wall Street Zen cut Assurant from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Weiss Ratings raised Assurant from a “buy (a-)” rating to a “buy (a)” rating in a research note on Thursday, October 8th. Piper Sandler lifted their price target on shares of Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. UBS Group boosted their price objective on shares of Assurant from $274.00 to $331.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Truist Financial upped their price objective on shares of Assurant from $310.00 to $355.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $327.14.

Assurant Stock Performance

Shares of NYSE:AIZ opened at $306.30 on Thursday. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $279.97 and a 200-day moving average price of $255.90. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 12.79 and a beta of 0.52. Assurant has a 12 month low of $209.86 and a 12 month high of $316.72.

Assurant (NYSE:AIZ) last announced its quarterly earnings results on Tuesday, November 3rd. The financial services provider reported $6.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.75 by $1.40. Assurant had a return on equity of 20.44% and a net margin of 7.80%. The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter in the previous year, the business earned $5.73 EPS. Assurant’s revenue was up 9.2% compared to the same quarter last year. As a group, equities analysts anticipate that Assurant will post 22.40 EPS for the current year.

Assurant Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, August 31st were given a $0.88 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.1%. Assurant’s dividend payout ratio is currently 16.81%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Assurant during the 2nd quarter valued at approximately $1,345,211,000. Bank of New York Mellon Corp purchased a new position in Assurant during the second quarter valued at $1,269,591,000. Dimensional Fund Advisors LP boosted its holdings in Assurant by 22.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,125,406 shares of the financial services provider’s stock worth $245,121,000 after acquiring an additional 205,767 shares in the last quarter. Bank of America Corp DE bought a new stake in Assurant in the second quarter worth $269,635,000. Finally, First Trust Advisors LP grew its stake in shares of Assurant by 9.2% in the first quarter. First Trust Advisors LP now owns 632,896 shares of the financial services provider’s stock worth $137,851,000 after acquiring an additional 53,470 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Assurant News Roundup

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Assurant reported third-quarter earnings of $6.15 per share, above analysts’ estimates, while revenue rose 9.2% year over year to $3.53 billion. Strength in its Lifestyle and Housing businesses contributed to the results, and coverage cited a stronger 2026 earnings outlook. AIZ Q3 Earnings Beat Estimates on Lifestyle and Housing Strength
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target from $325 to $345 and maintained an “outperform” rating, signaling continued analyst confidence in potential upside. Keefe, Bruyette & Woods stock recommendations
• Positive Sentiment: Assurant acquired Protection Point Service Plans, a Canadian commercial-equipment protection-program provider, expanding its capabilities and reach in that market. Assurant Acquires Protection Point
• Neutral Sentiment: AIZ recently reached a 52-week high. That reflects strong momentum, though the elevated price may lead some investors to consider taking profits. Assurant Soars to 52-Week High, Time to Cash Out?

Assurant Company Profile

Assurant, Inc (NYSE:AIZ) is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.