William Blair Has Pessimistic View of Assurant Q1 Earnings

Assurant, Inc. (NYSE:AIZ) – William Blair cut their Q1 2025 earnings estimates for shares of Assurant in a research report issued on Thursday, November 7th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings per share of $4.74 for the quarter, down from their previous forecast 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.

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods lifted their price target on Assurant from $186.00 to $194.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 14th. StockNews.com cut Assurant from a “buy” rating to a “hold” rating in a research report on Thursday, October 17th. Truist Financial increased their price objective on Assurant from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday. Piper Sandler raised their price target on shares of Assurant from $200.00 to $217.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Bank of America raised their target price on shares of Assurant from $228.00 to $233.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $221.60.

Assurant Stock Down 0.3 %

Shares of NYSE:AIZ opened at $205.84 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $194.91 and a two-hundred day simple moving average of $181.12. Assurant has a 12-month low of $158.29 and a 12-month high of $208.67. The stock has a market capitalization of $10.66 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 2.03 and a beta of 0.57.

Assurant (NYSE:AIZ) last announced its earnings results on Tuesday, November 5th. The financial services provider reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.48. Assurant had a net margin of 6.90% and a return on equity of 19.63%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm earned $4.29 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis.

Institutional Trading of Assurant

Several institutional investors have recently made changes to their positions in AIZ. Mizuho Securities USA LLC increased its holdings in Assurant by 11,480.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 464,952 shares of the financial services provider’s stock valued at $92,460,000 after acquiring an additional 460,937 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Assurant by 32.5% in the second quarter. AQR Capital Management LLC now owns 1,041,678 shares of the financial services provider’s stock worth $173,179,000 after purchasing an additional 255,471 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Assurant in the third quarter worth about $284,730,000. TD Asset Management Inc lifted its position in shares of Assurant by 20.4% in the second quarter. TD Asset Management Inc now owns 566,123 shares of the financial services provider’s stock worth $94,118,000 after buying an additional 96,021 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Assurant by 151.7% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 143,425 shares of the financial services provider’s stock valued at $26,998,000 after buying an additional 86,448 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Dimitry Dirienzo sold 550 shares of the company’s stock in a transaction 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 directly owns 3,152 shares in the company, valued at $593,962.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Assurant news, CAO Dimitry Dirienzo sold 550 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $188.44, for a total transaction of $103,642.00. Following the sale, the chief accounting officer now owns 3,152 shares in the company, valued at approximately $593,962.88. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Martin Jenns sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was 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 owns 4,027 shares of the company’s stock, valued at approximately $717,329.51. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.

Assurant Announces Dividend

The firm 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 was Tuesday, September 3rd. This represents a $2.88 dividend on an annualized basis and a yield of 1.40%. Assurant’s dividend payout ratio is currently 19.19%.

Assurant Company Profile

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.