DOWLING & PARTN Weighs in on Assurant FY2026 Earnings

by · The Markets Daily

Assurant, Inc. (NYSE:AIZ – Free Report) – DOWLING & PARTN issued their FY2026 earnings per share estimates for Assurant in a research report issued on Tuesday, September 29th. DOWLING & PARTN analyst D. Lukpanov forecasts that the financial services provider will post earnings per share of $22.50 for the year. The consensus estimate for Assurant’s current full-year earnings is $22.32 per share. DOWLING & PARTN also issued estimates for Assurant’s FY2027 earnings at $22.75 EPS.

Assurant (NYSE:AIZ – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $6.41 EPS for the quarter, beating the consensus estimate of $5.17 by $1.24. Assurant had a return on equity of 20.40% and a net margin of 7.90%.The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. During the same quarter in the previous year, the company posted $5.56 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis.

A number of other research firms have also weighed in on AIZ. Piper Sandler raised their price objective on shares of Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of Assurant from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Royal Bank Of Canada set a $310.00 target price on shares of Assurant in a report on Wednesday, June 17th. BMO Capital Markets raised their price target on shares of Assurant from $274.00 to $320.00 and gave the company an “outperform” rating in a research report on Friday, August 28th. Finally, Morgan Stanley lifted their price target on Assurant from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $327.14.

Check Out Our Latest Stock Analysis on Assurant

Assurant Stock Performance

Shares of AIZ stock opened at $267.51 on Friday. The firm has a market capitalization of $13.19 billion, a PE ratio of 12.77 and a beta of 0.52. The firm has a fifty day simple moving average of $280.42 and a two-hundred day simple moving average of $258.57. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.36. Assurant has a 12 month low of $206.03 and a 12 month high of $303.94.

Assurant Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, August 31st were paid a $0.88 dividend. The ex-dividend date was Monday, August 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.3%. Assurant’s dividend payout ratio is presently 16.81%.

Insider Activity 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 completion of the sale, the executive vice president owned 24,247 shares in the company, 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 SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Bancorp Inc ME purchased a new stake in Assurant in the 2nd quarter valued at about $31,000. Western Wealth Management LLC purchased a new position in shares of Assurant in the 1st quarter worth approximately $33,000. Arlington Trust Co LLC boosted its stake in shares of 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 buying an additional 57 shares during the last quarter. Transamerica Financial Advisors LLC bought a new position in shares of Assurant in the second quarter valued at approximately $40,000. Finally, Root Financial Partners LLC grew its holdings in shares of Assurant by 27.5% in the first quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider’s stock valued at $54,000 after acquiring an additional 53 shares in the last quarter. 92.65% of the stock is currently owned by hedge funds and other institutional investors.

About Assurant

(Get Free Report)

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.

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