AIZ Price Prediction Next Week
Analysis and Insights
To predict the stock price of Assurant, Inc. (AIZ) for the next trading week, we will analyze both technical indicators and fundamental data.
Fundamental Analysis:
AIZ has shown strong financial performance, with a 15% growth in adjusted EBITDA and a 19% increase in adjusted earnings per share for 2024. The company reported strong Q4 results, with an adjusted EPS of $4.79, exceeding expectations. Analysts have a consensus rating of "Moderate Buy" with price targets suggesting potential upside ranging from 11.5% to 21.2%. The mean price target is $233.60, representing a 13.2% premium to the current price levels.
Technical Analysis:
The stock is currently trading at $202.01. Key technical indicators include:
- RSI (6, 12, 14): 46.65, 45.93, 45.90 (neutral)
- MACD (12, 26, 9): -1.50 (slightly bearish)
- SMA (5, 10, 20, 60, 200, 250): 205.30, 206.13, 206.14, 210.07, 193.74, 190.19
- Fibonacci Levels: Pivot at $206.37, resistance levels at $211.68 and $214.96, support levels at $201.05 and $197.77
Price Prediction and Recommendation:
Based on the analysis, the stock is expected to trade between $206.37 and $211.68 next week. The stock is likely to break above the pivot level of $206.37 and test the first resistance level of $211.68.
Recommendation: Buy AIZ with a target price of $211.68.
AIZ Similar Chart Price Prediction
The price of AIZ is predicted to go up 26.72%, based on the high correlation periods with GGB. The similarity of these two price pattern on the periods is 96%.
AIZ
GGB
Up: 26.72%Similarity: 96%
AIZ Revenue Forecast
AIZ EPS Forecast
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AIZ Analyst's Forecast
Mark Hughes
Truist Securities
Strong Buy
2025-02-13
Price Target
$240 → $250
Upside
+21.21%
Truist raised the firm's price target on Assurant to $250 from $240 and keeps a Buy rating on the shares following quarterly results. The firm is reducing its 2025 EPS estimate to $16.35 from $18.80 based largely on higher assumed catastrophe losses from the LA wildfires. Truist's non-cat forecast goes to $20.90 from $21.35, influenced by management guidance regarding favorable reserve development. Additionally, the firm is establishing a 2026 EPS estimate of $20.50, including $2.90 per share in cat losses; its non-cat estimate of $23.40 is up 12% year over year. Management is anticipating strong growth in Global Housing aside from the tough comparison against $107M of prior year reserve development in 2024. Global Housing profitability should be healthy despite the elevated catastrophe losses, adds Truist.
Grace Carter
B of A Securities
Strong Buy
2024-10-10
Price Target
$228 → $233
Upside
+22.42%
John Barnidge
Piper Sandler
Hold
2024-10-02
Price Target
$200 → $217
Upside
+8.68%
