NYSE:AIZ Assurant (AIZ) Stock Forecast, Price & News $145.02 +1.98 (+1.38%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$143.52▼$145.8550-Day Range$124.65▼$145.0252-Week Range$104.49▼$155.45Volume374,871 shsAverage Volume395,708 shsMarket Capitalization$7.69 billionP/E Ratio22.55Dividend Yield1.93%Price Target$141.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Assurant MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.8% Downside$141.00 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment0.77Based on 10 Articles This WeekInsider TradingSelling Shares$2.06 M Sold Last QuarterProj. Earnings Growth11.84%From $12.58 to $14.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.76 out of 5 starsFinance Sector158th out of 809 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 3 stocks 1.5 Analyst's Opinion Consensus RatingAssurant has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $141.00, Assurant has a forecasted downside of 2.8% from its current price of $145.02.Amount of Analyst CoverageAssurant has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.62% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently increased by 2.89%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAssurant has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Assurant is 43.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Assurant will have a dividend payout ratio of 19.90% next year. This indicates that Assurant will be able to sustain or increase its 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 2.7 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 0.77. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Assurant this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for AIZ on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows2 people have added Assurant to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $2,059,393.00 in company stock.Percentage Held by InsidersOnly 0.39% of the stock of Assurant is held by insiders.Percentage Held by Institutions93.13% of the stock of Assurant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Assurant are expected to grow by 11.84% in the coming year, from $12.58 to $14.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 22.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 22.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 88.89.Price to Earnings Growth RatioAssurant has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Assurant (NYSE:AIZ) StockAssurant, 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 products and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, leased and financed solutions, 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 insurance, voluntary homeowners insurance, and other specialty 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIZ Stock News HeadlinesSeptember 21, 2023 | msn.comAssurant sees Housing segment record below $50M in Q3 reportable catastrophesSeptember 21, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Mr Cooper Group (COOP) and Assurant (AIZ)September 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 20, 2023 | seekingalpha.comAssurant: Overvalued Insurer Gets Hold Rating As Earnings GrowSeptember 20, 2023 | seekingalpha.comAssurant Remains Cheaply Valued, Even After Its RallySeptember 15, 2023 | wsj.comAssurant Inc.August 31, 2023 | finance.yahoo.comWhy Is Assurant (AIZ) Down 2.6% Since Last Earnings Report?August 25, 2023 | finance.yahoo.comCNO Financial (CNO) Unit Ties Up to Boost Advocacy ServicesSeptember 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 22, 2023 | benzinga.comThursday Is Your Last Chance To Buy Assurant Before The Dividend PayoutAugust 20, 2023 | finance.yahoo.comFour Days Left To Buy Assurant, Inc. (NYSE:AIZ) Before The Ex-Dividend DateAugust 17, 2023 | msn.comAll You Need to Know About Assurant (AIZ) Rating Upgrade to Strong BuyAugust 16, 2023 | marketwatch.comAssurant Inc. stock outperforms competitors on strong trading dayAugust 15, 2023 | finance.yahoo.comAssurant Reveals Average Trade-In Value for Smartphones Has Increased for the Fifth Consecutive QuarterAugust 11, 2023 | seekingalpha.comAssurant, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 6, 2023 | finance.yahoo.comAssurant (NYSE:AIZ) shareholders notch a 8.1% CAGR over 5 years, yet earnings have been shrinkingAugust 3, 2023 | msn.comTruist Securities Maintains Assurant (AIZ) Buy RecommendationAugust 2, 2023 | finance.yahoo.comAssurant (AIZ) Q2 Earnings and Revenues Surpass EstimatesAugust 1, 2023 | msn.comAssurant (AIZ) Q2 Earnings and Revenues Top EstimatesAugust 1, 2023 | finance.yahoo.comAssurant (AIZ) Reports Q2 Earnings: What Key Metrics Have to SayAugust 1, 2023 | markets.businessinsider.comAssurant Inc Q2 Profit Increases, beats estimatesAugust 1, 2023 | washingtonpost.comAssurant: Q2 Earnings SnapshotAugust 1, 2023 | finance.yahoo.comAssurant Reports Second Quarter 2023 Financial ResultsAugust 1, 2023 | finance.yahoo.comCNO Financial (CNO) Lags Q2 Earnings EstimatesJuly 31, 2023 | benzinga.com7AIZ : Assurant Earnings PreviewJuly 31, 2023 | markets.businessinsider.comAssurant is about to announce its earnings — here's what Wall Street expectsJuly 31, 2023 | finance.yahoo.comAssurant (AIZ) to Report Q2 Earnings: What's in the Offing?See 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 AIZ Company Calendar Last Earnings8/01/2023Ex-Dividend for 9/18 Dividend8/25/2023Dividend Payable9/18/2023Today9/22/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Insurance carriers, not elsewhere classified Sub-IndustryMulti-line Insurance SectorFinance Current SymbolNYSE:AIZ CUSIP04621X10 CIK1267238 Webwww.assurant.com Phone(770) 763-1000Fax212-859-5893Employees13,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$141.00 High Stock Price Forecast$180.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside-2.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$6.43 Trailing P/E Ratio22.42 Forward P/E Ratio11.46 P/E Growth0.82Net Income$276.60 million Net Margins3.27% Pretax Margin4.31% Return on Equity13.66% Return on Assets1.78% Debt Debt-to-Equity Ratio0.47 Current Ratio0.41 Quick Ratio0.41 Sales & Book Value Annual Sales$10.19 billion Price / Sales0.75 Cash Flow$15.24 per share Price / Cash Flow9.46 Book Value$80.04 per share Price / Book1.80Miscellaneous Outstanding Shares53,020,000Free Float52,816,000Market Cap$7.64 billion OptionableOptionable Beta0.55 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Keith Warner Demmings (Age 50)Pres, CEO & Director Comp: $2.45MMr. Richard Steven Dziadzio (Age 59)Exec. VP & CFO Comp: $1.47MMr. Keith Roland Meier (Age 53)Exec. VP & COO Comp: $1.23MMs. Francesca L. Luthi (Age 47)Exec. VP & Chief Admin. Officer Comp: $1.09MMr. Robert A. Lonergan (Age 46)Exec. VP and Chief Strategy & Risk Officer Comp: $1.03MMr. Vadim LipovetskyChief Investment OfficerMr. Dimitry DiRienzo (Age 47)Sr. VP, Chief Accounting Officer & Controller Mr. Joseph A. Surber IIISr. VP & Global Technology OfficerMs. Suzanne ShepherdSr. VP of Investor Relations & SustainabilityMr. John PawloskiSr. VP & Chief Compliance OfficerMore ExecutivesKey CompetitorsCCC Intelligent SolutionsNYSE:CCCSiShares Biotechnology ETFNASDAQ:IBBHoulihan LokeyNYSE:HLIJones Lang LaSalleNYSE:JLLPrimericaNYSE:PRIView All CompetitorsInsiders & InstitutionsComerica BankBought 127,698 shares on 8/22/2023Ownership: 0.241%California State Teachers Retirement SystemSold 3,532 shares on 8/21/2023Ownership: 0.167%Osaic Holdings Inc.Bought 4,872 shares on 8/21/2023Ownership: 0.012%Teachers Retirement System of The State of KentuckySold 613 shares on 8/21/2023Ownership: 0.009%Imprint Wealth LLCBought 12,572 shares on 8/17/2023Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions AIZ Stock - Frequently Asked Questions Should I buy or sell Assurant stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AIZ shares. View AIZ analyst ratings or view top-rated stocks. What is Assurant's stock price forecast for 2023? 4 Wall Street analysts have issued 1-year price objectives for Assurant's shares. Their AIZ share price forecasts range from $52.00 to $180.00. On average, they predict the company's stock price to reach $141.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts price targets for AIZ or view top-rated stocks among Wall Street analysts. How have AIZ shares performed in 2023? Assurant's stock was trading at $125.06 at the beginning of the year. Since then, AIZ stock has increased by 15.3% and is now trading at $144.14. View the best growth stocks for 2023 here. When is Assurant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our AIZ earnings forecast. How were Assurant's earnings last quarter? Assurant, Inc. (NYSE:AIZ) released its quarterly earnings results on Tuesday, August, 1st. The financial services provider reported $3.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.60 by $1.29. The financial services provider earned $2.75 billion during the quarter, compared to analyst estimates of $2.64 billion. Assurant had a net margin of 3.27% and a trailing twelve-month return on equity of 13.66%. How often does Assurant pay dividends? What is the dividend yield for Assurant? Assurant declared a quarterly dividend on Thursday, August 10th. Investors of record on Monday, August 28th will be given a dividend of $0.70 per share on Monday, September 18th. This represents a $2.80 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, August 25th. Read our dividend analysis for AIZ. What ETFs hold Assurant's stock? ETFs with the largest weight of Assurant (NYSE:AIZ) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), SPDR S&P Insurance ETF (KIE), Invesco S&P 500 Equal Weight Financials ETF (RSPF), Nuveen ESG Mid-Cap Value ETF (NUMV), Invesco S&P 500 Equal Weight Financials ETF (RYF), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Pure Value ETF (RPV) and Fidelity Low Volatility Factor ETF (FDLO). Is Assurant a good dividend stock? Assurant (NYSE:AIZ) pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.98%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIZ will have a dividend payout ratio of 19.90% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIZ. 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. What other stocks do shareholders of Assurant own? Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC), Johnson & Johnson (JNJ), Accenture (ACN), Micron Technology (MU) and Abbott Laboratories (ABT). What is Assurant's stock symbol? Assurant trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIZ." Who are Assurant's major shareholders? Assurant's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.82%), State Street Corp (5.25%), Bank of New York Mellon Corp (5.01%), Geode Capital Management LLC (2.36%), Dimensional Fund Advisors LP (1.69%) and Schroder Investment Management Group (1.24%). Insiders that own company stock include Alan B Colberg, Dimitry Dirienzo, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II, Richard S Dziadzio and Robert Lonergan. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Assurant's stock price today? One share of AIZ stock can currently be purchased for approximately $144.14. How much money does Assurant make? Assurant (NYSE:AIZ) has a market capitalization of $7.64 billion and generates $10.19 billion in revenue each year. The financial services provider earns $276.60 million in net income (profit) each year or $6.43 on an earnings per share basis. How many employees does Assurant have? The company employs 13,700 workers across the globe. How can I contact Assurant? Assurant's mailing address is 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005. The official website for the company is www.assurant.com. The financial services provider can be reached via phone at (770) 763-1000, via email at investor.relations@assurant.com, or via fax at 212-859-5893. This page (NYSE:AIZ) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Assurant, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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