/Assurant%20Inc%20logo%20and%20data-%20by%20Piotr%20Swat%20via%20Shutterstock.jpg)
Atlanta, Georgia-based Assurant, Inc. (AIZ) provides protection services to connected devices, homes, and automobiles. Valued at $9.4 billion by market cap, the company offers mobile device solutions, extended service contracts, insurance products, vehicle protection, and housing-related coverage, including lender-placed, renters, and homeowners insurance. The leading global provider of lifestyle and housing solutions is expected to announce its fiscal second-quarter earnings for 2025 after the market closes on Tuesday, Aug. 5.
Ahead of the event, analysts expect AIZ to report a profit of $4.43 per share on a diluted basis, up 8.6% from $4.08 per share in the same quarter last year. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect AIZ to report EPS of $16.36, down 1.7% from $16.64 in fiscal 2024. However, its EPS is expected to rise 18.7% year-over-year to $19.42 in fiscal 2026.
AIZ stock has underperformed the S&P 500 Index’s ($SPX) 10.5% gains over the past 52 weeks, with shares up 9.1% during this period. Similarly, it underperformed the Financial Select Sector SPDR Fund’s (XLF) 19.6% gains over the same time frame.
AIZ’s weak performance can be attributed to $157 million in losses resulting from the California wildfires.
On May 6, AIZ shares closed marginally higher after the company reported its Q1 results. Its adjusted EPS of $3.39 topped Wall Street expectations of $2.84. The company’s revenue totaled $3.1 billion, representing a 6.7% year-over-year increase.
Analysts’ consensus opinion on AIZ stock is reasonably bullish, with an overall “Moderate Buy” rating. Out of seven analysts covering the stock, four advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and two give a “Hold.” AIZ’s average analyst price target is $233.20, indicating a potential upside of 25.6% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
