NYSE:AIZ Assurant (AIZ) Stock Price, News & Analysis $173.06 +3.47 (+2.05%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$169.26▼$173.9150-Day Range$161.28▼$173.4752-Week Range$132.63▼$189.48Volume232,974 shsAverage Volume351,141 shsMarket Capitalization$9.00 billionP/E Ratio12.08Dividend Yield1.66%Price Target$204.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Assurant alerts: Email Address Assurant MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside18.2% Upside$204.60 Price TargetShort InterestHealthy2.11% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment0.69Based on 7 Articles This WeekInsider TradingSelling Shares$2.25 M Sold Last QuarterProj. Earnings Growth4.09%From $16.14 to $16.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.65 out of 5 starsFinance Sector78th out of 898 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 3 stocks 2.4 Analyst's Opinion Consensus RatingAssurant has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAssurant has only been the subject of 3 research reports in the past 90 days.Read more about Assurant's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.11% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently increased by 5.83%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAssurant has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Assurant is 20.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Assurant will have a dividend payout ratio of 17.14% next year. This indicates that Assurant will be able to sustain or increase its dividend.Read more about Assurant's dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAssurant has received a 36.11% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life annuities", "Home insurance services for individuals", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Assurant is -0.72. Previous Next 2.6 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Assurant this week, compared to 7 articles on an average week.MarketBeat Follows6 people have added Assurant to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Assurant insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,248,489.00 in company stock.Percentage Held by InsidersOnly 0.53% of the stock of Assurant is held by insiders.Percentage Held by Institutions92.65% of the stock of Assurant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Assurant's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Assurant are expected to grow by 4.09% in the coming year, from $16.14 to $16.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 12.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 12.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.25.Price to Earnings Growth RatioAssurant has a PEG Ratio of 1.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Assurant's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report About Assurant Stock (NYSE:AIZ)Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.Read More AIZ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIZ Stock News HeadlinesJuly 23, 2024 | prnewswire.comAssurant Partners with HEVI to Provide Extended Service ContractsJuly 19, 2024 | marketwatch.comAssurant Inc. stock underperforms Wednesday when compared to competitors despite daily gainsJuly 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 12, 2024 | seekingalpha.comAssurant: The Growth Story Remains SolidMay 30, 2024 | businesswire.com$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024May 23, 2024 | msn.comAssurant declares $0.72 dividendMay 23, 2024 | businesswire.comAssurant Board of Directors Declares Quarterly Dividend of $0.72 per Common ShareMay 22, 2024 | finance.yahoo.comInsider Sale: EVP, President of Global Housing Michael Campbell Sells 11,000 Shares of Assurant ...July 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.May 20, 2024 | gurufocus.comInsider Sale: EVP, COO Francesca Luthi Sells 6,700 Shares of Assurant Inc (AIZ)May 16, 2024 | businesswire.comAssurant Awarded on the Forbes Best Employers for Diversity 2024 ListMay 14, 2024 | finance.yahoo.comAssurant® TechPro Provides the Multifamily Housing Industry’s First Tech Support Solution for Property Managers and ResidentsMay 14, 2024 | businesswire.comAssurant® TechPro Provides the Multifamily Housing Industry's First Tech Support Solution for Property Managers and ResidentsMay 13, 2024 | finance.yahoo.comEarnings Beat: Assurant, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsMay 13, 2024 | markets.businessinsider.comAssurant (AIZ) Receives a Rating Update from a Top AnalystMay 12, 2024 | bizjournals.comAssurant to move in 78,000-square-foot Miami officeMay 9, 2024 | finance.yahoo.comHere's Why We Think Assurant (NYSE:AIZ) Is Well Worth WatchingMay 9, 2024 | finance.yahoo.comAssurant, Inc. (NYSE:AIZ) Q1 2024 Earnings Call TranscriptSee More Headlines Receive AIZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Assurant and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 6/24 Dividend6/10/2024Dividend Payable6/24/2024Today7/27/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Insurance carriers, not elsewhere classified Sub-IndustryMulti-line Insurance Current SymbolNYSE:AIZ CUSIP04621X10 CIK1267238 Webwww.assurant.com Phone(770) 763-1000Fax212-859-5893Employees13,600Year FoundedN/APrice Target and Rating Average Stock Price Target$204.60 High Stock Price Target$222.00 Low Stock Price Target$186.00 Potential Upside/Downside+18.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$14.33 Trailing P/E Ratio12.08 Forward P/E Ratio10.72 P/E Growth1.67Net Income$642.50 million Net Margins6.73% Pretax Margin8.38% Return on Equity20.08% Return on Assets2.82% Debt Debt-to-Equity Ratio0.42 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$11.37 billion Price / Sales0.79 Cash Flow$19.94 per share Price / Cash Flow8.68 Book Value$91.45 per share Price / Book1.89Miscellaneous Outstanding Shares51,986,000Free Float51,710,000Market Cap$9.00 billion OptionableOptionable Beta0.54 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Keith Warner Demmings (Age 51)President, CEO & Director Comp: $3.66MMr. Keith Roland Meier (Age 54)Executive VP & CFO Comp: $1.83MMs. Francesca L. Luthi (Age 48)Executive VP & COO Comp: $1.54MMr. Robert A. Lonergan (Age 47)Executive VP and Chief Marketing & Risk Officer Comp: $1.41MMr. Michael P. Campbell (Age 56)Executive VP & President of Global Housing Comp: $1.42MMr. Vadim LipovetskyChief Investment OfficerMr. Dimitry DiRienzo (Age 47)Senior VP, Chief Accounting Officer & Controller Mr. Joseph A. Surber IIISenior VP & Global Technology OfficerMr. Sean MoshierVice President of Investor RelationsMr. Jay E. Rosenblum (Age 57)Executive VP & Chief Legal Officer More ExecutivesKey CompetitorsThe Hartford Financial Services GroupNYSE:HIGLoewsNYSE:LAmerican Financial GroupNYSE:AFGKemperNYSE:KMPRGenworth FinancialNYSE:GNWView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 2,667 shares on 7/26/2024Ownership: 4.085%Allspring Global Investments Holdings LLCSold 667 shares on 7/26/2024Ownership: 0.014%Catalyst Financial Partners LLCBought 59 shares on 7/26/2024Ownership: 0.003%AlphaCentric Advisors LLCBought 521 shares on 7/26/2024Ownership: 0.002%Calamos Wealth Management LLCSold 292 shares on 7/25/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions AIZ Stock Analysis - Frequently Asked Questions How have AIZ shares performed this year? Assurant's stock was trading at $168.49 at the start of the year. Since then, AIZ stock has increased by 2.7% and is now trading at $173.06. View the best growth stocks for 2024 here. How were Assurant's earnings last quarter? Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings data on Tuesday, May, 7th. The financial services provider reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.91. The financial services provider had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.82 billion. Assurant had a net margin of 6.73% and a trailing twelve-month return on equity of 20.08%. How will Assurant's stock buyback program work? Assurant's Board of Directors approved a stock buyback plan on Thursday, November 9th 2023, which authorizes the company to buy back $600,000,000 in shares, according to EventVestor. This means that the company could buy up to 7.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued. What is Alan Colberg's approval rating as Assurant's CEO? 400 employees have rated Assurant Chief Executive Officer Alan Colberg on Glassdoor.com. Alan Colberg has an approval rating of 84% among the company's employees. 65.0% of employees surveyed would recommend working at Assurant to a friend. Who are Assurant's major shareholders? Top institutional shareholders of Assurant include Bank of New York Mellon Corp (4.08%), Mountain Pacific Investment Advisers LLC (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.26%) and Calamos Advisors LLC (0.21%). Insiders that own company stock include Richard S Dziadzio, Michael P Campbell, Robert Lonergan, Francesca Luthi, Jay Rosenblum, Dimitry Dirienzo and Alan B Colberg. View institutional ownership trends. How do I buy shares of Assurant? Shares of AIZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Assurant own? Based on aggregate information from My MarketBeat watchlists, some other companies that Assurant investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC) and Johnson & Johnson (JNJ). This page (NYSE:AIZ) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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