William Blair Has Positive Estimate for Assurant Q1 Earnings

Assurant, Inc. (NYSE:AIZ) – Equities research analysts at William Blair upped their Q1 2026 earnings per share (EPS) estimates for Assurant in a note issued to investors on Thursday, November 6th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $5.67 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.

A number of other research analysts also recently weighed in on the company. Stephens began coverage on Assurant in a research note on Tuesday, August 12th. They set an “overweight” rating on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Assurant in a research report on Wednesday, October 8th. BMO Capital Markets started coverage on Assurant in a report on Tuesday, August 12th. They issued an “outperform” rating and a $238.00 target price on the stock. Truist Financial set a $255.00 price target on shares of Assurant in a research report on Wednesday, October 29th. Finally, Benchmark began coverage on shares of Assurant in a report on Tuesday, August 12th. They set a “buy” rating on the stock. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $243.83.

Assurant Price Performance

AIZ stock opened at $224.07 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.40 and a quick ratio of 0.40. The company’s 50-day moving average is $213.73 and its 200-day moving average is $203.52. The stock has a market capitalization of $11.31 billion, a PE ratio of 16.23 and a beta of 0.56. Assurant has a 1 year low of $174.97 and a 1 year high of $230.55.

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 firm had revenue of $2.42 billion for the quarter. Assurant had a return on equity of 16.47% and a net margin of 5.83%. Assurant has set its FY 2022 guidance at $13.062-$13.512 EPS.

Institutional Investors Weigh In On Assurant

A number of hedge funds have recently made changes to their positions in the business. Zions Bancorporation National Association UT purchased a new stake in Assurant during the first quarter worth about $26,000. Versant Capital Management Inc boosted its stake in Assurant by 72.6% in the third quarter. Versant Capital Management Inc now owns 126 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 53 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Assurant during the 2nd quarter valued at approximately $27,000. REAP Financial Group LLC increased its stake in shares of Assurant by 193.9% during the 2nd quarter. REAP Financial Group LLC now owns 144 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 95 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Assurant by 1,133.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 148 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 136 shares during the period. 92.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Keith Demmings sold 13,725 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $220.52, for a total value of $3,026,637.00. Following the completion of the transaction, the chief executive officer directly owned 84,647 shares of the company’s stock, valued at $18,666,356.44. This represents a 13.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jay Rosenblum sold 3,900 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $208.53, for a total value of $813,267.00. Following the sale, the executive vice president directly owned 7,875 shares of the company’s stock, valued at $1,642,173.75. The trade was a 33.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,175 shares of company stock worth $5,723,213 in the last 90 days. Company insiders own 0.51% of the company’s stock.

Assurant Announces Dividend

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

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.