Assurant (AIZ) to Release Earnings on Monday

Assurant (NYSE:AIZ) is set to release its earnings data after the market closes on Monday, February 5th.

Assurant (NYSE:AIZ) last released its earnings results on Thursday, November 2nd. The financial services provider reported ($1.40) earnings per share for the quarter, topping the consensus estimate of ($1.79) by $0.39. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.59 billion. Assurant had a net margin of 3.67% and a return on equity of 3.55%. Assurant’s revenue was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 EPS. On average, analysts expect Assurant to post $4 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of Assurant (AIZ) opened at $95.49 on Monday. The firm has a market cap of $5,140.00, a P/E ratio of 22.84, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78. Assurant has a 12-month low of $86.00 and a 12-month high of $106.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.53.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 19th. Shareholders of record on Monday, February 26th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, February 23rd. Assurant’s dividend payout ratio is presently 53.59%.

Separately, SunTrust Banks restated a “buy” rating and set a $115.00 price objective on shares of Assurant in a research note on Thursday, October 12th.

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Assurant Company Profile

Assurant, Inc is a provider of risk management solutions in the housing and lifestyle markets. The Company operates in North America, Latin America, Europe and Asia. The Company’s segments include Global Housing, Global Lifestyle and Global Preneed. Through its Global Housing segment, it provides lender-placed homeowners, manufactured housing and flood insurance; renters insurance and related products (multi-family housing business), and field services, valuation services and other property risk management services (mortgage solutions business).

Earnings History for Assurant (NYSE:AIZ)

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