Assurant (NYSE:AIZ) Releases Earnings Results, Beats Estimates By $1.40 EPS

Assurant (NYSE:AIZ) announced its quarterly earnings data on Tuesday. The financial services provider reported $6.15 EPS for the quarter, beating the consensus estimate of $4.75 by $1.40, FiscalAI reports. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.48 billion. Assurant had a return on equity of 20.48% and a net margin of 7.80%. The company’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $5.73 EPS.

Assurant Trading Down 0.8%

Assurant stock traded down $2.38 during mid-day trading on Thursday, reaching $306.14. 121,571 shares of the company traded hands, compared to its average volume of 392,370. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.38 and a quick ratio of 0.38. Assurant has a 52-week low of $209.86 and a 52-week high of $316.72. The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of 14.40 and a beta of 0.52. The firm’s 50 day moving average price is $279.62 and its 200 day moving average price is $255.54.

Assurant Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, August 31st were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, August 31st. Assurant’s payout ratio is presently 16.81%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AIZ. Morgan Stanley cut their price objective on shares of Assurant from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Piper Sandler raised their price objective on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded Assurant from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. UBS Group boosted their target price on Assurant from $274.00 to $331.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Zacks Research upgraded Assurant from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. Two research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat, Assurant has a consensus rating of “Buy” and a consensus target price of $327.14.

Assurant News Summary

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Assurant reported adjusted third-quarter earnings of $6.15 per share, above analyst expectations, while revenue rose 9.2% year over year to $3.53 billion and also exceeded estimates. Growth in the Lifestyle and Housing segments contributed to the earnings strength. AIZ Q3 Earnings Beat Estimates on Lifestyle and Housing Strength
• Positive Sentiment: The company raised its full-year outlook. For the first nine months of 2026, adjusted EBITDA increased 26% year over year and adjusted earnings per share rose 34%, supporting investor expectations for continued earnings growth. Assurant Increases Full-Year Outlook
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $345 from $325 and maintained an “outperform” rating, signaling increased confidence in AIZ’s prospects. Keefe, Bruyette & Woods ratings
• Positive Sentiment: Assurant acquired Protection Point Service Plans, a Canadian provider of commercial-equipment protection programs. The deal broadens its capabilities and presence in a market adjacent to its existing protection businesses. Assurant acquires Protection Point

About Assurant

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.