William Blair Issues Negative Forecast for Assurant Earnings

Assurant, Inc. (NYSE:AIZ) – Equities research analysts at William Blair decreased their Q1 2025 EPS estimates for Assurant in a research note issued on Wednesday, February 12th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings of $2.63 per share for the quarter, down from their previous forecast of $4.74. The consensus estimate for Assurant’s current full-year earnings is $15.82 per share. William Blair also issued estimates for Assurant’s FY2025 earnings at $15.95 EPS and Q3 2026 earnings at $3.45 EPS.

A number of other equities analysts have also weighed in on AIZ. Morgan Stanley started coverage on Assurant in a research note on Thursday, December 5th. They issued an “equal weight” rating and a $251.00 price objective for the company. Truist Financial increased their price target on Assurant from $240.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. StockNews.com lowered Assurant from a “buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods upped their price objective on Assurant from $194.00 to $212.00 and gave the company a “market perform” rating in a research report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $231.17.

Assurant Stock Performance

NYSE AIZ opened at $201.49 on Monday. The firm has a market cap of $10.33 billion, a price-to-earnings ratio of 14.37 and a beta of 0.62. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of $211.40 and a 200-day moving average price of $203.31. Assurant has a twelve month low of $160.12 and a twelve month high of $230.55.

Assurant (NYSE:AIZ) last released its quarterly earnings data on Tuesday, February 11th. The financial services provider reported $4.79 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.83. Assurant had a return on equity of 17.42% and a net margin of 6.31%.

Institutional Trading of Assurant

A number of hedge funds and other institutional investors have recently bought and sold shares of AIZ. True Wealth Design LLC bought a new stake in shares of Assurant during the third quarter worth $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Assurant during the fourth quarter worth $28,000. Smartleaf Asset Management LLC lifted its position in shares of Assurant by 127.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 134 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 75 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Assurant by 219.1% during the fourth quarter. Jones Financial Companies Lllp now owns 150 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 103 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its position in shares of Assurant by 503.1% during the fourth quarter. TD Private Client Wealth LLC now owns 193 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Assurant Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, February 3rd will be given a dividend of $0.80 per share. The ex-dividend date is Monday, February 3rd. This represents a $3.20 dividend on an annualized basis and a yield of 1.59%. Assurant’s dividend payout ratio (DPR) is presently 22.11%.

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.