Assurant Company Profile (NYSE:AIZ)

About Assurant (NYSE:AIZ)

Assurant logoAssurant, Inc. is a provider of risk management solutions in the housing and lifestyle markets. The Company operates in North America, Latin America, Europe and Asia. The Company's segments include Global Housing, Global Lifestyle and Global Preneed. Through its Global Housing segment, it provides lender-placed homeowners, manufactured housing and flood insurance; renters insurance and related products (multi-family housing business), and field services, valuation services and other property risk management services (mortgage solutions business). Through its Global Lifestyle segment, it provides mobile device protection products and related services and extended service products and related services for consumer electronics and appliances (global connected living business); vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. Its Global Preneed Segment operates in the United States and Canada.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Multiline Insurance & Brokers
  • Sub-Industry: Multi-line Insurance
  • Symbol: NYSE:AIZ
  • CUSIP: 04621X10
  • Web: www.assurant.com
Capitalization:
  • Market Cap: $5.38 billion
  • Outstanding Shares: 53,886,000
Average Prices:
  • 50 Day Moving Avg: $94.82
  • 200 Day Moving Avg: $99.46
  • 52 Week Range: $78.50 - $106.99
P/E:
  • Trailing P/E Ratio: 13.13
  • Foreward P/E Ratio: 14.09
  • P/E Growth: 1.48
Sales & Book Value:
  • Annual Revenue: $6.74 billion
  • Price / Sales: 0.80
  • Book Value: $78.14 per share
  • Price / Book: 1.28
Dividend:
  • Annual Dividend: $2.12
  • Dividend Yield: 2.1%
Profitability:
  • EBITDA: $864.39 million
  • Net Margins: 6.53%
  • Return on Equity: 6.70%
  • Return on Assets: 0.95%
Debt:
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.51%
Misc:
  • Average Volume: 410,400 shs.
  • Beta: 0.79
  • Short Ratio: 2.56
 

Frequently Asked Questions for Assurant (NYSE:AIZ)

What is Assurant's stock symbol?

Assurant trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIZ."

How often does Assurant pay dividends? What is the dividend yield for Assurant?

Assurant declared a quarterly dividend on Monday, August 7th. Investors of record on Monday, August 28th will be paid a dividend of $0.53 per share on Tuesday, September 19th. This represents a $2.12 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) released its earnings results on Tuesday, August, 1st. The company reported $1.63 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.58 by $0.05. The business earned $1.60 billion during the quarter, compared to analysts' expectations of $1.57 billion. Assurant had a net margin of 6.53% and a return on equity of 6.70%. The company's revenue for the quarter was down 11.0% on a year-over-year basis. During the same period last year, the business earned $1.42 EPS. View Assurant's Earnings History.

When will Assurant make its next earnings announcement?

Assurant is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Assurant.

Where is Assurant's stock going? Where will Assurant's stock price be in 2017?

2 equities research analysts have issued 12-month price objectives for Assurant's stock. Their forecasts range from $115.00 to $115.00. On average, they anticipate Assurant's share price to reach $115.00 in the next twelve months. View Analyst Ratings for Assurant.

Who are some of Assurant's key competitors?

Who are Assurant's key executives?

Assurant's management team includes the folowing people:

  • Richard S. Dziadzio, Chief Financial Officer, Executive Vice President, Treasurer
  • Gene E. Mergelmeyer, Chief Operating Officer, Executive Vice President
  • Robyn Price Stonehill, Chief Human Resource Officer, Executive Vice President
  • Ajay Waghray, Executive Vice President, Chief Technology Officer
  • Bart R. Schwartz, Executive Vice President, Chief Legal Officer, Secretary
  • Daniel A. Pacicco, Senior Vice President, Chief Accounting Officer, Controller
  • Doris Vigo, Senior Vice President, Chief Compliance Officer
  • Gregory DeChurch, Deputy General Counsel
  • Alan B. Colberg, President, Chief Executive Officer, Director
  • Elaine D. Rosen, Independent Non-Executive Chairman of the Board

Who owns Assurant stock?

Assurant's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.84%), PGGM Investments (0.35%), Assenagon Asset Management S.A. (0.33%), Robeco Institutional Asset Management B.V. (0.23%), State Treasurer State of Michigan (0.03%) and Quotient Investors LLC (0.02%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer, John Andrew Sondej and Robert W Stein. View Institutional Ownership Trends for Assurant.

Who sold Assurant stock? Who is selling Assurant stock?

Assurant's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Meeder Asset Management Inc., Quotient Investors LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. View Insider Buying and Selling for Assurant.

Who bought Assurant stock? Who is buying Assurant stock?

Assurant's stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., PGGM Investments, Robeco Institutional Asset Management B.V., Shell Asset Management Co. and Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Assurant.

How do I buy Assurant stock?

Shares of Assurant can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Assurant's stock price today?

One share of Assurant stock can currently be purchased for approximately $99.89.


MarketBeat Community Rating for Assurant (NYSE AIZ)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  293
MarketBeat's community ratings are surveys of what our community members think about Assurant and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Assurant (NYSE:AIZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $115.00 (15.13% upside)
Consensus Price Target History for Assurant (NYSE:AIZ)
Price Target History for Assurant (NYSE:AIZ)
Analysts' Ratings History for Assurant (NYSE:AIZ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017SunTrust Banks, Inc.Reiterated RatingBuy$115.00N/AView Rating Details
1/9/2017Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
10/7/2016Credit Suisse GroupInitiated CoverageNeutral$93.00N/AView Rating Details
8/23/2016DOWLING & PARTNReiterated RatingNeutralN/AView Rating Details
7/17/2016Goldman Sachs Group IncDowngradeBuy$95.00N/AView Rating Details
7/6/2016J P Morgan Chase & CoReiterated RatingHold$77.00N/AView Rating Details
2/10/2016Piper Jaffray CompaniesLower Price TargetNeutral$84.00 -> $80.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Assurant (NYSE:AIZ)
Earnings by Quarter for Assurant (NYSE:AIZ)
Earnings History by Quarter for Assurant (NYSE AIZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017N/AView Earnings Details
8/1/2017Q2 2017$1.58$1.63$1.57 billion$1.60 billionViewListenView Earnings Details
5/2/2017Q1 2017$1.51$1.87$1.62 billion$1.51 billionViewListenView Earnings Details
2/7/2017Q416$0.29$0.46$1.82 billion$1.75 billionViewListenView Earnings Details
10/25/2016Q316$0.98$1.00$1.74 billion$1.83 billionViewN/AView Earnings Details
7/26/2016Q216$1.46$1.42$1.71 billion$1.80 billionViewN/AView Earnings Details
4/26/2016Q116$1.23$1.52$1.85 billion$2.15 billionViewN/AView Earnings Details
2/9/2016Q415$1.54$0.97$2.00 billion$2.55 billionViewN/AView Earnings Details
10/27/2015Q315$1.56$1.71$2.03 billion$2.53 billionViewListenView Earnings Details
7/28/2015Q215$1.59$2.07$2.06 billion$2.64 billionViewListenView Earnings Details
5/5/2015Q115$0.63$0.63$2.56 billion$2.60 billionViewN/AView Earnings Details
2/12/2015Q414$1.66$0.87$2.58 billion$2.62 billionViewN/AView Earnings Details
10/29/2014Q314$1.58$1.82$2.53 billion$2.70 billionViewN/AView Earnings Details
7/23/2014Q214$1.53$1.62$2.40 billion$2.61 billionViewN/AView Earnings Details
4/23/2014Q114$1.56$1.68$2.36 billion$2.45 billionViewN/AView Earnings Details
2/4/2014Q413$1.41$1.46$2.22 billion$2.40 billionViewN/AView Earnings Details
10/23/2013Q313$1.48$1.71$2.21 billion$2.26 billionViewN/AView Earnings Details
7/24/2013Q2 2013$1.42$1.53$2.11 billion$2.24 billionViewN/AView Earnings Details
4/24/2013Q1 2013$1.54$1.46$2.10 billion$2.15 billionViewN/AView Earnings Details
2/6/2013Q4 2012($0.28)$0.31$2.10 billion$2.16 billionViewN/AView Earnings Details
10/24/2012$1.37$1.55ViewN/AView Earnings Details
7/25/2012$1.39$1.81ViewN/AView Earnings Details
4/25/2012$1.43$1.81ViewN/AView Earnings Details
2/1/2012$1.36$1.73ViewN/AView Earnings Details
10/26/2011$0.82$0.79ViewN/AView Earnings Details
7/27/2011$0.92$1.68ViewN/AView Earnings Details
4/27/2011$1.22$1.37ViewN/AView Earnings Details
2/2/2011$0.98$1.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Assurant (NYSE:AIZ)
2017 EPS Consensus Estimate: $5.54
2018 EPS Consensus Estimate: $7.38
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.49$1.60$1.53
Q2 20172$1.56$1.69$1.63
Q3 20173($1.76)$1.81$0.58
Q4 20173$1.72$1.95$1.80
Q1 20182$1.85$1.85$1.85
Q2 20182$1.87$1.91$1.89
Q3 20182$1.43$1.96$1.70
Q4 20182$1.89$1.99$1.94
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Assurant (NYSE:AIZ)
Most Recent Dividend:9/19/2017
Annual Dividend:$2.12
Dividend Yield:2.12%
Dividend Growth:28.40% (3 Year Average)
Payout Ratio:27.89% (Trailing 12 Months of Earnings)
60.06% (Based on This Year's Estimates)
29.90% (Based on Next Year's Estimates)
Track Record:13 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Assurant (NYSE:AIZ)

Dividend History by Quarter for Assurant (NYSE AIZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/7/2017quarterly$0.532.02%8/24/20178/28/20179/19/2017
5/12/2017quarterly$0.532.07%5/25/20175/30/20176/20/2017
1/13/2017quarterly$0.532.24%2/23/20172/27/20173/20/2017
11/14/2016quarterly$0.532.47%11/23/201611/28/201612/12/2016
7/7/2016quarterly$0.502.31%8/25/20168/29/20169/13/2016
5/13/2016quarterly$0.502.29%5/26/20165/31/20166/14/2016
1/15/2016quarterly$0.502.55%2/25/20162/29/20163/14/2016
9/10/2015quarterly$0.502.65%11/25/201511/30/201512/14/2015
7/8/2015quarterly$0.301.74%8/27/20158/31/20159/15/2015
5/8/2015quarterly$0.301.85%5/21/20155/26/20156/9/2015
1/9/2015quarterly$0.271.64%2/19/20152/23/20153/9/2015
11/14/2014quarterly$0.271.59%11/26/201412/1/201412/15/2014
7/10/2014quarterly$0.271.64%8/21/20148/25/20149/9/2014
5/9/2014quarterly$0.271.58%5/22/20145/27/20146/10/2014
1/10/2014quarterly$0.251.5%2/20/20142/24/20143/10/2014
11/15/2013quarterly$0.251.62%11/21/201311/25/201312/10/2013
7/11/2013quarterly$0.251.88%8/22/20138/26/20139/10/2013
5/10/2013quarterly$0.252.09%5/23/20135/28/20136/11/2013
1/11/2013quarterly$0.212.28%2/21/20132/5/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.83%
Institutional Ownership Percentage: 90.77%
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Institutional Ownership by Quarter for Assurant (NYSE:AIZ)
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2017Christopher J PaganoEVPSell7,000$102.94$720,580.00View SEC Filing  
5/31/2017Christopher J. PaganoEVPSell2,000$97.75$195,500.00View SEC Filing  
3/13/2017Christopher J PaganoEVPSell6,000$99.53$597,180.00View SEC Filing  
9/12/2016Christopher J PaganoEVPSell6,000$89.76$538,560.00View SEC Filing  
8/18/2016John Andrew SondejSVPSell5,000$86.04$430,200.00View SEC Filing  
8/4/2016Robert W. SteinDirectorSell2,500$84.01$210,025.00View SEC Filing  
6/16/2016Christopher J PaganoCFOSell5,000$84.47$422,350.00View SEC Filing  
3/11/2016Christopher J PaganoCFOSell2,000$77.46$154,920.00View SEC Filing  
12/22/2015Christopher J. PaganoCFOSell2,500$80.05$200,125.00View SEC Filing  
12/11/2015Christopher J. PaganoCFOSell2,000$82.78$165,560.00View SEC Filing  
11/24/2015Gene MergelmeyerCEOSell10,000$85.28$852,800.00View SEC Filing  
9/11/2015Christopher J PaganoCFOSell2,000$76.57$153,140.00View SEC Filing  
12/1/2014Christopher J PaganoCFOSell1,250$67.40$84,250.00View SEC Filing  
9/2/2014Christopher J PaganoCFOSell1,250$66.91$83,637.50View SEC Filing  
6/6/2014Adam LamninCEOSell21,626$69.38$1,500,411.88View SEC Filing  
6/2/2014Christopher J PaganoEVPSell1,250$68.10$85,125.00View SEC Filing  
5/30/2014John S RobertsCEOSell10,000$67.89$678,900.00View SEC Filing  
5/14/2014Gene MergelmeyerInsiderSell30,000$67.64$2,029,200.00View SEC Filing  
3/3/2014Adam LamninCEOSell20,000$65.07$1,301,400.00View SEC Filing  
3/3/2014Christopher PaganoEVPSell1,250$65.10$81,375.00View SEC Filing  
11/11/2013Jean Paul MontupetDirectorBuy1,700$59.83$101,711.00View SEC Filing  
9/3/2013Christopher PaganoEVPSell1,250$53.76$67,200.00View SEC Filing  
8/2/2013Bart SchwartzInsiderSell20,000$54.70$1,094,000.00View SEC Filing  
5/30/2013Christopher J PaganoEVPSell1,500$50.56$75,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Assurant (NYSE:AIZ)
Latest Headlines for Assurant (NYSE:AIZ)
Source:
Loading headlines, please wait.

Social

Chart

Assurant (AIZ) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.