Assurant, Inc. (NYSE:AIZ) Given Average Rating of “Moderate Buy” by Brokerages

Assurant, Inc. (NYSE:AIZGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $272.1667.

A number of equities analysts have recently issued reports on the stock. Piper Sandler increased their price target on shares of Assurant from $264.00 to $268.00 and gave the company an “overweight” rating in a report on Monday, May 11th. UBS Group increased their price target on shares of Assurant from $270.00 to $274.00 and gave the company a “buy” rating in a report on Monday, May 11th. Truist Financial increased their price target on shares of Assurant from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Keefe, Bruyette & Woods raised their target price on shares of Assurant from $258.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, BMO Capital Markets dropped their target price on shares of Assurant from $255.00 to $246.00 and set an “outperform” rating for the company in a report on Thursday, February 12th.

Check Out Our Latest Stock Analysis on Assurant

Assurant Stock Performance

Shares of AIZ opened at $254.90 on Friday. The company has a 50-day simple moving average of $228.97 and a 200-day simple moving average of $229.81. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $12.63 billion, a PE ratio of 13.04 and a beta of 0.56. Assurant has a 52-week low of $183.39 and a 52-week high of $260.96.

Assurant (NYSE:AIZGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.29 by $0.66. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.29 billion. Assurant had a net margin of 7.60% and a return on equity of 20.32%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $5.79 EPS. Equities research analysts predict that Assurant will post 21.04 earnings per share for the current fiscal year.

Assurant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 8th. Assurant’s dividend payout ratio (DPR) is 18.01%.

Insider Buying and Selling at Assurant

In other Assurant news, CAO Dimitry Dirienzo sold 750 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $210.98, for a total transaction of $158,235.00. Following the completion of the transaction, the chief accounting officer directly owned 4,741 shares in the company, valued at approximately $1,000,256.18. This trade represents a 13.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jay Rosenblum sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $251.77, for a total transaction of $503,540.00. Following the transaction, the executive vice president owned 12,764 shares of the company’s stock, valued at $3,213,592.28. This trade represents a 13.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 29,650 shares of company stock valued at $7,419,621. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On Assurant

A number of hedge funds and other institutional investors have recently modified their holdings of AIZ. Jones Financial Companies Lllp grew its holdings in shares of Assurant by 606.7% during the first quarter. Jones Financial Companies Lllp now owns 1,060 shares of the financial services provider’s stock worth $222,000 after buying an additional 910 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Assurant by 19.6% during the first quarter. Goldman Sachs Group Inc. now owns 290,759 shares of the financial services provider’s stock worth $60,987,000 after buying an additional 47,548 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Assurant during the first quarter worth about $203,000. Focus Partners Wealth grew its holdings in shares of Assurant by 66.6% during the first quarter. Focus Partners Wealth now owns 2,648 shares of the financial services provider’s stock worth $556,000 after buying an additional 1,059 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Assurant by 57.8% during the first quarter. Geneos Wealth Management Inc. now owns 183 shares of the financial services provider’s stock worth $38,000 after buying an additional 67 shares in the last quarter. 92.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Assurant News

Here are the key news stories impacting Assurant this week:

  • Positive Sentiment: Zacks Research raised its earnings estimates for Assurant across multiple periods, including FY2026, FY2027, FY2028, Q1 2027, Q2 2027, and Q3 2027. Higher profit forecasts can support the stock by signaling better-than-expected business performance. Article Title
  • Positive Sentiment: Assurant declared a quarterly dividend of $0.88 per share, reinforcing its shareholder-return profile and offering income support for investors.
  • Neutral Sentiment: One Zacks update did trim near-term estimates for Q2 2026, Q3 2026, and Q4 2026, while another note slightly lowered Q4 2027 forecasts. These mixed revisions temper the bullish tone but do not outweigh the broader upward trend in longer-term estimates.

About Assurant

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Assurant (NYSE:AIZ)

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