Assurant

Lots more earnings are on the schedule for this week, even as the calendar page turns. Look for quarterly results to come from Exxon Mobil (NYSE: XOM), Hershey (NYSE: HSY), Kellogg (NYSE: K), MasterCard (NYSE: MA), Northrop Grumman (NYSE: NOC) and United Parcel Service (NYSE: UPS). Analysts expect...

Sterne Agee upgraded its rating on Assurant (NYSE: AIZ) to Buy. At the same time, the rating agency raised its price target on the company's stock from $45 to $46. On Thursday, AIZ added 2.72% to its value to finish the day at $35.84.

Last week Goldman Sachs hosted meetings with management of Assurant (NYSE: AIZ), including CEO Rob Pollock and Solutions CEO Craig Lemasters. Highlights include the following. “(1) Management is leading with its wireless business for growth,” Goldman Sachs writes. “(2) Expense efficiencies are...

J.P. Morgan reiterated its Neutral rating on Assurant (NYSE: AIZ) in a research report published today. Assurant's Q1 earnings per share managed to beat market expectations, and J.P. Morgan remains cautious on its long-term prospects. However. J.P. Morgan stressed that, “While AIZ's earnings power...

According to Keefe, Bruyette & Woods, Assurant (NYSE: AIZ) identified long-term ROE targets for each business at investor day. Keefe, Bruyette & Woods reported that, if AIZ hits these targets, there will eventually be upside to the current ROE. “Some of the targets strike us as ambitious,...

Keefe, Bruyette & Woods is revising Assurant, Inc. (NYSE: AIZ) estimates following 3Q results. “In our view, the recent negative publicity about the creditor-placed homeowners business, combined with the unit's high returns, may eventually lead to greater pressure on margins,” KBW writes....