Assurant (NYSE:AIZ) Reaches New 52-Week High After Better-Than-Expected Earnings

Assurant, Inc. (NYSE:AIZ) reached a new 52-week high during mid-day trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $309.45 and last traded at $304.6580, with a volume of 29,505 shares trading hands. The stock had previously closed at $296.13.

The financial services provider reported $6.15 earnings per share for the quarter, beating analysts’ consensus estimates of $4.75 by $1.40. Assurant had a net margin of 7.90% and a return on equity of 20.40%. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.48 billion. During the same period in the prior year, the company earned $5.73 EPS. Assurant’s revenue was up 9.2% on a year-over-year basis.

Assurant Announces Dividend

The firm also recently disclosed 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 of this dividend was Monday, August 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.2%. Assurant’s payout ratio is currently 16.81%.

Key Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Adjusted earnings were $6.15 per share, ahead of analyst estimates, while revenue of $3.53 billion also topped expectations and rose 9.2% year over year. Assurant beats Q3 estimates
• Positive Sentiment: Management increased its full-year outlook. Results also showed year-to-date momentum: adjusted EBITDA rose 26% and GAAP net income increased 31% compared with the first nine months of 2025. Assurant raises full-year outlook

Analysts Set New Price Targets

AIZ has been the subject of several recent research reports. Truist Financial increased their target price on shares of Assurant from $310.00 to $355.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Assurant from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. Wall Street Zen lowered shares of Assurant from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Piper Sandler increased their price objective on Assurant from $290.00 to $329.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Finally, Zacks Research raised Assurant from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $324.29.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AIZ. Independence Bank of Kentucky acquired a new position in Assurant in the 3rd quarter worth approximately $26,000. Latitude Advisors LLC purchased a new position in Assurant during the 3rd quarter worth approximately $26,000. First Bancorp Inc ME purchased a new position in Assurant during the 2nd quarter worth approximately $31,000. Western Wealth Management LLC purchased a new position in Assurant during the 1st quarter worth approximately $33,000. Finally, Arlington Trust Co LLC raised its stake in Assurant by 81.4% during the 2nd quarter. Arlington Trust Co LLC now owns 127 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 57 shares during the period. 92.65% of the stock is owned by hedge funds and other institutional investors.

Assurant Stock Performance

The firm’s 50 day simple moving average is $279.13 and its 200-day simple moving average is $255.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.38 and a current ratio of 0.38. The company has a market capitalization of $15.05 billion, a price-to-earnings ratio of 14.57 and a beta of 0.52.

About Assurant

Assurant, Inc (NYSE:AIZ) is a global business services company that provides insurance products and related services. Its offerings are designed to help consumers protect mobile devices, household belongings, vehicles, homes and other significant purchases, while supporting businesses in managing risk and customer relationships.

Assurant operates through three primary business segments: Global Lifestyle, Global Housing and Global Preneed. Global Lifestyle provides mobile device protection, extended service contracts and related services for consumer electronics, appliances and vehicles.