Earnings Estimates Rising for Assurant (AIZ): Will It Gain?

Core Viewpoint - Assurant (AIZ) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2] Earnings Estimate Revisions - Analysts are increasingly optimistic about Assurant's earnings prospects, leading to higher estimates that correlate with stock price movements [2] - The current-quarter earnings estimate is $4.05 per share, reflecting a +35.0% change from the previous year [6] - Over the last 30 days, the Zacks Consensus Estimate for Assurant has increased by 7.08%, with four estimates moving higher and no negative revisions [6] - For the full year, Assurant is expected to earn $17.46 per share, representing a +4.9% change from the prior year [7] - There has been a positive trend in estimate revisions for the current year, with four estimates moving up and no negative revisions [7] Zacks Rank - Assurant currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in revising earnings estimates upward [8] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3] Stock Performance - Assurant's stock has increased by 13.6% over the past four weeks due to strong estimate revisions [9] - There may still be further upside potential in the stock, suggesting it could be a good addition to investment portfolios [9]