Assurant, Inc. (NYSE:AIZ – Free Report) – Equities researchers at Zacks Research increased their Q1 2025 earnings estimates for Assurant in a research report issued on Tuesday, November 19th. Zacks Research analyst T. De now expects that the financial services provider will earn $4.59 per share for the quarter, up from their previous estimate of $4.45. The consensus estimate for Assurant’s current full-year earnings is $15.05 per share. Zacks Research also issued estimates for Assurant’s Q2 2025 earnings at $4.54 EPS, Q3 2025 earnings at $3.81 EPS, FY2025 earnings at $17.70 EPS and Q3 2026 earnings at $3.37 EPS.
Assurant (NYSE:AIZ – Get Free Report) last issued 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. The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Assurant had a return on equity of 17.42% and a net margin of 6.31%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $4.29 earnings per share.
View Our Latest Stock Report on AIZ
Assurant Stock Performance
NYSE AIZ opened at $225.17 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.42 and a quick ratio of 0.42. Assurant has a 1-year low of $160.12 and a 1-year high of $225.47. The firm has a market capitalization of $11.55 billion, a P/E ratio of 15.75, a P/E/G ratio of 2.18 and a beta of 0.57. The business’s 50-day simple moving average is $198.78 and its 200-day simple moving average is $183.73.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC raised its holdings in shares of Assurant by 6.0% during the third quarter. FMR LLC now owns 1,163,593 shares of the financial services provider’s stock valued at $231,392,000 after buying an additional 65,874 shares during the last quarter. AQR Capital Management LLC increased its position in Assurant by 32.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,041,678 shares of the financial services provider’s stock valued at $173,179,000 after acquiring an additional 255,471 shares during the period. Dimensional Fund Advisors LP raised its stake in Assurant by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 698,677 shares of the financial services provider’s stock valued at $116,159,000 after acquiring an additional 12,935 shares in the last quarter. TD Asset Management Inc boosted its position in Assurant by 20.4% during the 2nd quarter. TD Asset Management Inc now owns 566,123 shares of the financial services provider’s stock worth $94,118,000 after acquiring an additional 96,021 shares during the period. Finally, Mizuho Securities USA LLC raised its stake in shares of Assurant by 11,480.4% during the third quarter. Mizuho Securities USA LLC now owns 464,952 shares of the financial services provider’s stock valued at $92,460,000 after purchasing an additional 460,937 shares in the last quarter. 92.65% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Assurant
In other Assurant news, EVP Biju Nair sold 3,000 shares of Assurant stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $209.18, for a total value of $627,540.00. Following the completion of the transaction, the executive vice president now directly owns 20,658 shares in the company, valued at $4,321,240.44. The trade was a 12.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.53% of the stock is currently owned by insiders.
Assurant Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $0.80 dividend. This is a positive change from Assurant’s previous quarterly dividend of $0.72. This represents a $3.20 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, December 9th. Assurant’s payout ratio is currently 20.54%.
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.
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