William Blair Has Negative Forecast for Assurant Q1 Earnings

Assurant, Inc. (NYSE:AIZ) – Stock analysts at William Blair lowered their Q1 2025 EPS estimates for shares of Assurant in a report issued on Thursday, November 7th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $4.74 per share for the quarter, down from their prior estimate of $4.82. The consensus estimate for Assurant’s current full-year earnings is $14.13 per share. William Blair also issued estimates for Assurant’s FY2025 earnings at $17.45 EPS, Q2 2026 earnings at $4.71 EPS and FY2026 earnings at $18.80 EPS.

Assurant (NYSE:AIZ) last posted its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.48. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. Assurant had a net margin of 6.31% and a return on equity of 17.42%. The company’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $4.29 earnings per share.

Several other research analysts also recently commented on the stock. StockNews.com downgraded shares of Assurant from a “buy” rating to a “hold” rating in a research note on Thursday, October 17th. Bank of America upped their price objective on shares of Assurant from $228.00 to $233.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Keefe, Bruyette & Woods raised their target price on Assurant from $186.00 to $194.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 14th. Piper Sandler upped their price target on Assurant from $200.00 to $217.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Finally, UBS Group lifted their price objective on Assurant from $217.00 to $224.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Assurant has an average rating of “Moderate Buy” and a consensus price target of $221.60.

Assurant Price Performance

AIZ opened at $209.39 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.66 and a quick ratio of 0.40. The stock’s 50 day simple moving average is $195.18 and its 200 day simple moving average is $181.39. The firm has a market cap of $10.84 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 2.19 and a beta of 0.57. Assurant has a 1 year low of $158.68 and a 1 year high of $209.73.

Assurant Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.38%. Assurant’s dividend payout ratio (DPR) is 20.54%.

Insider Transactions at Assurant

In other news, EVP Martin Jenns sold 1,500 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $178.13, for a total transaction of $267,195.00. Following the sale, the executive vice president now owns 4,027 shares in the company, valued at approximately $717,329.51. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, EVP Martin Jenns sold 1,500 shares of Assurant stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $178.13, for a total transaction of $267,195.00. Following the completion of the transaction, the executive vice president now directly owns 4,027 shares in the company, valued at approximately $717,329.51. This trade represents a 0.00 % 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, CAO Dimitry Dirienzo sold 550 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $188.44, for a total value of $103,642.00. Following the completion of the sale, the chief accounting officer now owns 3,152 shares in the company, valued at $593,962.88. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

Institutional Trading of Assurant

Institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its stake in shares of Assurant by 5.2% in the first quarter. Janney Montgomery Scott LLC now owns 3,816 shares of the financial services provider’s stock worth $718,000 after buying an additional 189 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Assurant by 15.8% in the 1st quarter. Daiwa Securities Group Inc. now owns 5,862 shares of the financial services provider’s stock valued at $1,104,000 after acquiring an additional 801 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Assurant during the 1st quarter valued at $99,000. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Assurant by 62.1% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,503 shares of the financial services provider’s stock worth $471,000 after purchasing an additional 959 shares in the last quarter. Finally, Csenge Advisory Group purchased a new position in shares of Assurant in the first quarter worth $340,000. 92.65% of the stock is owned by hedge funds and other 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.