Assurant, Inc. is poised to release its fourth-quarter earnings report for fiscal year 2025 on February 10, 2025, following market close. The Atlanta-based company, which specializes in various protection solutions for everyday life, is anticipated to report earnings of $5.26 per share. This figure represents a robust 9.8% increase compared to the $4.79 per share reported in the same quarter last year.
Founded in 1892, Assurant has grown into a global entity with a market capitalization of approximately $11.8 billion. The company operates across multiple regions, including North America, Latin America, Europe, and Asia-Pacific. Its operations are divided into two main segments: Global Lifestyle and Global Housing. The Global Lifestyle segment encompasses mobile devices, consumer electronics, appliances, and auto-related services, while Global Housing focuses on homeowners, renters, flood, and manufactured housing insurance.
Analysts express optimism regarding Assurant’s performance, as the company has consistently exceeded earnings per share (EPS) estimates in the previous four quarters. For fiscal 2025, analysts project an EPS increase of 17.1% from $16.64 in fiscal 2024 to $19.48. This trend is expected to continue, with an additional 8.6% increase anticipated in fiscal 2026, bringing the EPS to $21.16.
Stock Performance and Analyst Ratings
Despite the positive earnings outlook, Assurant’s stock performance has shown mixed results. Over the past 52 weeks, shares of Assurant have risen by 10.5%, underperforming the S&P 500 Index, which gained 16.9%. However, it has outperformed the Invesco KBW Property & Casualty Insurance ETF, which saw a 5% increase during the same period.
Recent financial results illustrate the company’s stability and growth potential. After revealing strong third-quarter earnings in early November, Assurant’s stock price increased by 1.7% in the following trading session. The third quarter showcased a well-rounded growth trajectory, bolstered by rising premiums, increased investment income, and growing fee-based revenues. Total revenue rose nearly 9% year over year to reach $3.2 billion, surpassing market expectations. Adjusted earnings also saw a significant uptick, reinforcing the narrative of Assurant’s consistent progress.
Analysts maintain a cautiously positive outlook on Assurant’s stock, with an overall rating of “Moderate Buy.” Among the nine analysts covering the stock, five recommend a “Strong Buy,” one suggests a “Moderate Buy,” and the remaining three advocate for a “Hold.” The average analyst price target of $257.83 indicates an upside potential of 10.2%, while the highest target of $270 suggests that the stock could rally up to 15.4% from current levels.
As Assurant prepares for its upcoming earnings announcement, the combination of consistent performance and optimistic analyst forecasts paints a promising picture for the company’s future. Investors and market watchers alike will be keenly observing the results to gauge the firm’s ongoing trajectory in the competitive insurance landscape.
