DOWLING & PARTN Weighs in on Assurant FY2026 Earnings

Assurant, Inc. (NYSE:AIZ) – Research analysts at DOWLING & PARTN issued their FY2026 earnings estimates for shares of Assurant in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov expects that the financial services provider will post earnings per share of $21.00 for the year. The consensus estimate for Assurant’s current full-year earnings is $21.04 per share. DOWLING & PARTN also issued estimates for Assurant’s FY2027 earnings at $22.00 EPS.

Other equities research analysts have also issued research reports about the stock. Keefe, Bruyette & Woods boosted their price target on shares of Assurant from $258.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Morgan Stanley upgraded shares of Assurant from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $240.00 to $285.00 in a report on Thursday, May 14th. Weiss Ratings upgraded shares of Assurant from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday. Wall Street Zen lowered shares of Assurant from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Finally, BMO Capital Markets reduced their price target on shares of Assurant from $255.00 to $246.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Assurant has an average rating of “Moderate Buy” and a consensus target price of $275.83.

Assurant Trading Down 1.6%

Shares of AIZ opened at $251.79 on Thursday. Assurant has a 1-year low of $183.39 and a 1-year high of $260.96. The company has a 50-day moving average of $231.12 and a 200 day moving average of $230.73. The firm has a market capitalization of $12.48 billion, a price-to-earnings ratio of 12.88 and a beta of 0.56. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.39 and a quick ratio of 0.39.

Assurant (NYSE:AIZ) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $5.29 by $0.66. Assurant had a net margin of 7.60% and a return on equity of 20.32%. The company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.29 billion. During the same quarter last year, the business posted $5.79 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis.

Assurant Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 8th will be issued a $0.88 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. Assurant’s payout ratio is currently 18.01%.

Insider Buying and Selling at Assurant

In other news, CAO Dimitry Dirienzo sold 2,000 shares of Assurant stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $255.68, for a total value of $511,360.00. Following the transaction, the chief accounting officer owned 2,741 shares of the company’s stock, valued at $700,818.88. The trade was a 42.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Subhashish Sengupta sold 1,880 shares of Assurant stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $210.53, for a total transaction of $395,796.40. Following the completion of the transaction, the executive vice president directly owned 2,895 shares in the company, valued at approximately $609,484.35. The trade was a 39.37% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 31,650 shares of company stock worth $7,930,981. 0.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AIZ. Bank of New York Mellon Corp grew its position in shares of Assurant by 23.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,010,373 shares of the financial services provider’s stock worth $1,085,247,000 after buying an additional 959,259 shares during the last quarter. Norges Bank purchased a new position in shares of Assurant in the 4th quarter worth approximately $161,574,000. Adage Capital Partners GP L.L.C. grew its position in shares of Assurant by 676.5% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 240,240 shares of the financial services provider’s stock worth $57,862,000 after buying an additional 209,300 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Assurant by 22.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,125,406 shares of the financial services provider’s stock worth $245,121,000 after buying an additional 205,767 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Assurant by 122.9% in the 4th quarter. Millennium Management LLC now owns 322,235 shares of the financial services provider’s stock worth $77,610,000 after buying an additional 177,642 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

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.