DOWLING & PARTN Forecasts Assurant FY2026 Earnings

Assurant, Inc. (NYSE:AIZ) – DOWLING & PARTN issued their FY2026 EPS estimates for Assurant in a research report issued on Tuesday, September 29th. DOWLING & PARTN analyst D. Lukpanov anticipates that the financial services provider will post earnings of $22.50 per share for the year. The consensus estimate for Assurant’s current full-year earnings is $22.28 per share. DOWLING & PARTN also issued estimates for Assurant’s FY2027 earnings at $22.75 EPS.

AIZ has been the subject of several other reports. Morgan Stanley upped their price objective on Assurant from $300.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. UBS Group lifted their price target on shares of Assurant from $274.00 to $331.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Royal Bank Of Canada set a $310.00 price objective on Assurant in a report on Wednesday, June 17th. Piper Sandler upped their target price on Assurant from $290.00 to $329.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, BMO Capital Markets raised their price target on Assurant from $274.00 to $320.00 and gave the company an “outperform” rating in a research note on Friday, August 28th. Two research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $327.14.

Assurant Price Performance

Shares of AIZ opened at $266.29 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.38 and a current ratio of 0.38. Assurant has a 52-week low of $206.03 and a 52-week high of $303.94. The stock has a 50 day simple moving average of $280.60 and a 200 day simple moving average of $258.51. The firm has a market capitalization of $13.13 billion, a PE ratio of 12.72 and a beta of 0.53.

Assurant (NYSE:AIZ) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $1.24. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. During the same period last year, the firm posted $5.56 earnings per share. The business’s quarterly revenue was up 9.4% compared to the same quarter last year.

Assurant Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, August 31st were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, August 31st. Assurant’s payout ratio is 16.81%.

Insider Buying and Selling at Assurant

In other news, EVP Biju Nair sold 3,931 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $302.46, for a total value of $1,188,970.26. Following the transaction, the executive vice president directly owned 24,247 shares of the company’s stock, valued at $7,333,747.62. This represents a 13.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AIZ. Root Financial Partners LLC boosted its position in Assurant by 27.5% during the first quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 53 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Assurant by 0.9% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,739 shares of the financial services provider’s stock valued at $1,250,000 after buying an additional 54 shares in the last quarter. Blackhawk Capital Partners LLC increased its holdings in Assurant by 2.5% in the 1st quarter. Blackhawk Capital Partners LLC now owns 2,223 shares of the financial services provider’s stock worth $484,000 after acquiring an additional 55 shares in the last quarter. Arlington Trust Co LLC increased its holdings in Assurant by 81.4% in the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 57 shares in the last quarter. Finally, Empirical Finance LLC lifted its holdings in Assurant by 3.2% during the second quarter. Empirical Finance LLC now owns 1,960 shares of the financial services provider’s stock valued at $526,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 92.65% of the company’s stock.

About Assurant

Assurant, Inc is a global business services company that provides insurance products and related services supporting major purchases and everyday needs. Its offerings are distributed through partnerships with mobile carriers, retailers, automotive manufacturers and dealers, financial institutions, housing providers, and other businesses.

Through its Global Lifestyle business, Assurant provides mobile device protection, extended service contracts, vehicle service contracts, and related protection products.