William Blair Analysts Raise Earnings Estimates for Assurant

Assurant, Inc. (NYSE:AIZ) – Analysts at William Blair upped their Q1 2026 EPS estimates for Assurant in a research report issued on Thursday, November 6th. William Blair analyst J. Schmitt now forecasts that the financial services provider will earn $5.67 per share for the quarter, up from their previous forecast of $5.23. The consensus estimate for Assurant’s current full-year earnings is $16.88 per share. William Blair also issued estimates for Assurant’s Q2 2026 earnings at $5.39 EPS, Q2 2027 earnings at $5.66 EPS and FY2027 earnings at $22.25 EPS.

Other equities analysts have also issued reports about the company. Keefe, Bruyette & Woods raised their price target on Assurant from $225.00 to $235.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. UBS Group increased their price objective on Assurant from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Wall Street Zen raised Assurant from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Truist Financial set a $255.00 price target on Assurant in a research report on Wednesday, October 29th. Finally, Benchmark began coverage on shares of Assurant in a research report on Tuesday, August 12th. They issued a “buy” rating for the company. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $243.83.

Assurant Stock Up 3.3%

Assurant stock opened at $224.07 on Monday. The firm has a 50 day simple moving average of $213.73 and a 200 day simple moving average of $203.52. 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 1-year low of $174.97 and a 1-year high of $230.55. The firm has a market capitalization of $11.31 billion, a price-to-earnings ratio of 16.23 and a beta of 0.56.

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

Assurant Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 2nd. Assurant’s dividend payout ratio (DPR) is 19.48%.

Insider Activity

In related news, CEO Keith Demmings sold 13,725 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $220.52, for a total value of $3,026,637.00. Following the transaction, the chief executive officer directly owned 84,647 shares in the company, valued at approximately $18,666,356.44. This represents a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay Rosenblum sold 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $208.53, for a total transaction of $813,267.00. Following the completion of the sale, the executive vice president directly owned 7,875 shares in the company, valued at $1,642,173.75. This represents a 33.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 26,175 shares of company stock valued at $5,723,213 in the last three months. 0.51% of the stock is owned by insiders.

Institutional Trading of Assurant

A number of hedge funds have recently made changes to their positions in AIZ. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Assurant by 7.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,501 shares of the financial services provider’s stock valued at $74,357,000 after purchasing an additional 24,153 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Assurant by 80.9% during the first quarter. Jane Street Group LLC now owns 103,211 shares of the financial services provider’s stock valued at $21,649,000 after buying an additional 46,156 shares during the period. Pacer Advisors Inc. raised its holdings in shares of Assurant by 42.0% during the first quarter. Pacer Advisors Inc. now owns 8,264 shares of the financial services provider’s stock valued at $1,733,000 after acquiring an additional 2,446 shares in the last quarter. Cascade Investment Advisors Inc. lifted its stake in Assurant by 2.4% in the second quarter. Cascade Investment Advisors Inc. now owns 7,662 shares of the financial services provider’s stock worth $1,513,000 after acquiring an additional 183 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Assurant by 22.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,188 shares of the financial services provider’s stock worth $249,000 after acquiring an additional 217 shares during the period. 92.65% of the stock is owned by institutional investors.

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.