Assurant (AIZ) substantially ouperformed its Q4 earnings and revenues estimates, clocking in a record-breaking $760M profit and $2.99 billion in revenue. This strong performance led to an increase in the company's stock price target from $240 to $250. Moreover,
Assurant surpassed expectations with a Q4 adjusted EPS of $4.79, beating FactSets' estimate of $4.13. Among the noteworthy happenings is the shuffle in
Assurant's executive leadership, with new appointments in its European and Latin American operations. The firm continues to perform robustly with significant strategic wins highlighted in its earnings call.
Assurant also demonstrated its commitment to social responsibilities by opening emergency claims centers and pledging $250K for California wildfire relief. The company's contribution was recognized by JUST Capital and CNBC, naming
Assurant one of America's most JUST companies. Furthermore, their stock has outperformed in the market, delivering a 75% gain to investors over the past five years. As a testament to its resilience,
Assurant pays $0.80 quarterly dividends and boosts its dividend by 11% in 20 straight years of increases.
Assurant AIZ News Analytics from Wed, 27 Mar 2024 11:03:24 GMT to Fri, 14 Feb 2025 00:18:23 GMT -
Rating 9
- Innovation 6
- Information 9
- Rumor -7
