Assurant, Inc. (NYSE:AIZ – Get Free Report) has been given an average recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $303.4286.
A number of research firms have recently weighed in on AIZ. Piper Sandler raised their target price on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday. Keefe, Bruyette & Woods lifted their price objective on shares of Assurant from $270.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a report on Wednesday, June 17th. Morgan Stanley upped their price objective on shares of Assurant from $285.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, UBS Group boosted their target price on Assurant from $270.00 to $274.00 and gave the stock a “buy” rating in a research note on Monday, May 11th.
More Assurant News
- Positive Sentiment: Assurant posted adjusted earnings of $6.41 per share, exceeding the $5.17 analyst consensus, while revenue increased 9.4% year over year to $3.45 billion and slightly surpassed expectations. Strength in the Global Lifestyle and Global Housing businesses drove the performance. AIZ Q2 Earnings Beat Estimates on Lifestyle and Housing Strength
- Positive Sentiment: Management reaffirmed expectations for mid-single-digit 2026 adjusted EBITDA and EPS growth and indicated that share repurchases could reach the upper end of its $300 million to $350 million target range. Buybacks could support earnings per share and provide a potential cushion for the stock. Assurant signals mid-single-digit 2026 adjusted EBITDA and EPS growth
- Positive Sentiment: The earnings presentation and call highlighted continued operating momentum, with quarterly EPS rising from $5.56 a year earlier. The results reinforce the outlook for approximately $21.04 in full-year EPS. Assurant, Inc. 2026 Q2 Results Earnings Call Presentation
- Neutral Sentiment: Analyst estimate changes were limited and mixed: Zacks Research trimmed its Q1 2027 and FY2027 EPS forecasts modestly, while raising its Q2 2028 estimate. The revisions do not materially change the longer-term earnings outlook. Equities Analysts Offer Predictions for Assurant Q1 Earnings
- Negative Sentiment: Near-term trading appears pressured by valuation and profit-taking: shares remain close to their 12-month high after a strong run, while investors may have already anticipated the earnings beat and improved outlook. Why Assurant Stock Is Trading Up Today
Assurant Stock Performance
AIZ opened at $296.01 on Friday. The company has a market cap of $14.67 billion, a price-to-earnings ratio of 14.14 and a beta of 0.55. The company’s fifty day moving average price is $269.87 and its two-hundred day moving average price is $244.19. Assurant has a 1-year low of $200.62 and a 1-year high of $303.94. The company has a current ratio of 0.67, a quick ratio of 0.39 and a debt-to-equity ratio of 0.36.
Assurant (NYSE:AIZ – Get Free Report) last posted its 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 analyst estimates of $3.43 billion. During the same quarter in the prior year, the business posted $5.56 EPS. The firm’s revenue was up 9.4% compared to the same quarter last year. On average, analysts expect that Assurant will post 21.04 EPS for the current fiscal year.
Assurant Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 8th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, June 8th. Assurant’s dividend payout ratio is 16.81%.
Insiders Place Their Bets
In related news, EVP Robert Lonergan sold 7,000 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $262.71, for a total value of $1,838,970.00. Following the transaction, the executive vice president directly owned 27,374 shares of the company’s stock, valued at approximately $7,191,423.54. The trade was a 20.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Dimitry Dirienzo sold 2,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $255.68, for a total transaction of $511,360.00. Following the transaction, the chief accounting officer owned 2,741 shares of the company’s stock, valued at approximately $700,818.88. The trade was a 42.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 36,000 shares of company stock valued at $9,211,620. 0.54% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Assurant
Institutional investors have recently bought and sold shares of the company. Ascent Group LLC raised its holdings in shares of Assurant by 0.8% in the 4th quarter. Ascent Group LLC now owns 5,339 shares of the financial services provider’s stock valued at $1,286,000 after purchasing an additional 43 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Assurant by 0.3% during the fourth quarter. ProShare Advisors LLC now owns 17,064 shares of the financial services provider’s stock valued at $4,110,000 after purchasing an additional 47 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of Assurant by 27.5% during the first quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 53 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Assurant by 0.9% during the first 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 during the period. Finally, Cresset Asset Management LLC increased its holdings in Assurant by 5.4% during the second quarter. Cresset Asset Management LLC now owns 1,075 shares of the financial services provider’s stock valued at $212,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.
About Assurant
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.
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