FINWIRES · TerminalLIVE
FINWIRES

$AIZ

8 stories mentioning AIZUpdated just now

Every FINWIRES story that references AIZ, newest first.

Wire

Update: Truist Raises Price Target on Assurant to $310 From $290 on Strong Growth Prospects Across Multiple Businesses, Keeps Buy Rating

(Updates to include analyst's commentary.)Truist Securities increased Assurant's (AIZ) price target to $310 from $290, saying the management of the company "expressed optimism regarding the breadth of momentum in the business across customers, product lines, and geographies."There are also prospects for strong momentum particularly in the Connected Living segment, driven by new customer wins and expanding relationships with existing clients, analysts Mark Hughes andMaxwell Fritscher wrote in a Wednesday note.Additionally, Assurant foresees market share gains, attractive growth opportunities across multiple fronts and a solid balance sheet, which could lead to a higher valuation and justify a higher price target, the analysts mentioned.Assurant has an average rating of buy and mean price target of $280.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $262.80, Change: $+2.25, Percent Change: +0.86%

$AIZ
Sectors

Sector Update: Financial Stocks Higher Late Afternoon

Financial stocks rose late Thursday afternoon trading, with the NYSE Financial Index increasing 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.7%.The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.6%.Bitcoin (BTC-USD) gained 2.7% to $81,396, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.46%.In economic news, retail sales in April rose for the third straight month, with analysts saying the increase largely reflected higher prices as the war in Iran kept fuel costs elevated. Sales rose 0.5% in April following a revised 1.6% gain in March, the Census Bureau reported Thursday, matching the consensus in a survey compiled by Bloomberg.In corporate news, Assurant (AIZ) shares climbed 3.9% after Morgan Stanley upgraded the stock to overweight from equal weight, and raised its price target to $285 from $240.Klarna (KLAR) shares surged 19% after the company posted a narrower net loss and higher revenue for Q1.Interactive Brokers (IBKR) is launching a platform that enables investors to trade contracts across all three prediction market exchanges from a single platform. The clients can access the combined liquidity of ForecastEx, CME Group (CME), and Kalshi and receive the best available net price. Interactive Brokers shares rose 3.8%.Blackstone (BX) owned data center operator AirTrunk is seeking a $2.3 billion syndicated loan to fund the development of its AirTrunk JHB2 facility in Malaysia's Johor state, Bloomberg reported. Blackstone shares added 2.5%.

$AIZ$BX$IBKR$KLAR
Sectors

Sector Update: Financial

Financial stocks were higher late Thursday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.7%.The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.6%.Bitcoin (BTC-USD) gained 2.7% to $81,396, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.46%.In corporate news, Assurant (AIZ) shares climbed 3.8% after Morgan Stanley upgraded the stock to overweight from equal weight, and raised its price target to $285 from $240.

$AIZ
Wire

Assurant Shares Rise After Morgan Stanley Upgrade

Assurant (AIZ) shares were up over 4% in Thursday trading after Morgan Stanley upgraded the stock to overweight from equal weight, and raised its price target to $285 from $240.Trading volume stood at more than 308,000 shares, compared with a daily average of about 397,000.Price: $252.54, Change: $+9.93, Percent Change: +4.09%

$AIZ
Wire

BMO Capital Adjusts Assurant Price Target to $274 From $248

Assurant (AIZ) has an average rating of overweight and mean price target of $260, according to analysts polled by FactSet.Price: $235.71, Change: $-0.91, Percent Change: -0.38%

$AIZ
Wire

Truist Securities Lifts Assurant Price Target to $290 From $280, Maintains Buy Rating

Assurant (AIZ) has an average rating of overweight and mean price target of $260, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $240.03, Change: $+2.89, Percent Change: +1.22%

$AIZ
Research

Research Alert: Assurant Exceeds Q1 2026 Estimates, Raises Full-year Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Assurant reported Q1 2026 operating EPS of $5.95 versus $3.39, exceeding our $5.15 estimate and $5.33 consensus view, reflecting broad-based improvement and lower catastrophe claims. Excluding catastrophes, operating income totaled $6.33 versus $5.79 a year ago. We view the strong results across both segments as supportive of AIZ's diversified business model, with Global Lifestyle delivering record performance and 20% EBITDA growth to $236.7M on 11% premium growth. Management raised 2026 guidance, now expecting Adjusted EBITDA and EPS to grow low single digits, or high single digits on an underlying basis excluding prior year reserve development impacts. The company also raised share repurchase guidance to $300-350M, representing the upper end of its previous range. We believe the combination of strong operational momentum in Global Lifestyle and normalized loss experience in Global Housing positions AIZ well for continued profitable growth.

$AIZ
Wire

Assurant Q1 Adjusted Earnings, Revenue Rise

Assurant (AIZ) reported Q1 adjusted earnings Tuesday of $5.95 per diluted share, up from $3.39 a year earlier.Analysts polled by FactSet expected $5.29.Revenue for the three months ended March 31 was $3.42 billion, up from $3.07 billion a year earlier.Analysts surveyed by FactSet expected $3.29 billion.For the full-year 2026, the company now expects adjusted EPS to increase in the low single digits.Price: $237.90, Change: $+8.78, Percent Change: +3.83%

$AIZ

Track with the FINWIRES app suite

FolioX
FolioX
Track AIZ in your portfolio
WheelAI
WheelAI
Analyze AIZ options with the wheel strategy
StockInsider
StockInsider
See market sentiment on AIZ