
Assurant, Inc. (NYSE:AIZ – Free Report) – Equities researchers at Zacks Research boosted their FY2026 earnings per share estimates for Assurant in a research report issued on Monday, September 7th. Zacks Research analyst Team now anticipates that the financial services provider will earn $21.79 per share for the year, up from their previous forecast of $21.70. The consensus estimate for Assurant’s current full-year earnings is $22.05 per share. Zacks Research also issued estimates for Assurant’s Q4 2026 earnings at $4.96 EPS, Q1 2027 earnings at $5.62 EPS, Q2 2027 earnings at $6.09 EPS, Q4 2027 earnings at $5.60 EPS, FY2027 earnings at $23.12 EPS, Q2 2028 earnings at $6.47 EPS and FY2028 earnings at $24.92 EPS.
Assurant (NYSE:AIZ – Get Free Report) last issued its earnings results on Tuesday, August 4th. The financial services provider reported $6.41 EPS for the quarter, beating the consensus estimate of $5.17 by $1.24. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The company had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.43 billion. During the same quarter in the previous year, the company earned $5.56 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year.
Check Out Our Latest Analysis on Assurant
Assurant Trading Down 1.6%
Shares of Assurant stock opened at $281.17 on Wednesday. The stock has a market capitalization of $13.87 billion, a P/E ratio of 13.43 and a beta of 0.54. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.36. The company has a 50-day simple moving average of $281.56 and a 200 day simple moving average of $252.50. Assurant has a 12-month low of $205.01 and a 12-month high of $303.94.
Institutional Investors Weigh In On Assurant
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AIZ. CYBER HORNET ETFs LLC bought a new position in Assurant during the second quarter worth about $27,000. First Bancorp Inc ME acquired a new position in shares of Assurant during the 2nd quarter worth about $31,000. BOKF NA bought a new stake in shares of Assurant in the 3rd quarter valued at about $32,000. Western Wealth Management LLC bought a new stake in shares of Assurant in the 1st quarter valued at about $33,000. Finally, Arlington Trust Co LLC raised its position in shares of Assurant by 81.4% in the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 57 shares during the period. Institutional investors own 92.65% of the company’s stock.
Insiders Place Their Bets
In other news, EVP Biju Nair sold 3,931 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $302.46, for a total value of $1,188,970.26. Following the transaction, the executive vice president owned 24,247 shares of the company’s stock, valued at $7,333,747.62. This represents a 13.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Robert Lonergan sold 7,000 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $262.71, for a total value of $1,838,970.00. Following the completion of the transaction, the executive vice president owned 27,374 shares in the company, valued at $7,191,423.54. This represents a 20.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is currently owned by insiders.
Assurant Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, August 31st will be paid a $0.88 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.3%. Assurant’s dividend payout ratio (DPR) is presently 16.81%.
Assurant Company Profile
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.
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