NYSE:AIZ - Assurant Stock Price, News, & Analysis

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$105.09 -0.05 (-0.05 %)
(As of 09/20/2018 08:00 AM ET)
Previous Close$105.14
Today's Range$104.88 - $105.87
52-Week Range$84.34 - $111.43
Volume685,700 shs
Average Volume592,240 shs
Market Capitalization$6.61 billion
P/E Ratio26.40
Dividend Yield2.13%
Beta0.48
Assurant logoAssurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and mortgage solutions comprising property inspection and preservation, valuation and title, and other property risk management services. The Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection services; and credit and other insurance services. Its Global Preneed segment provides pre-funded funeral insurance and annuity 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 New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
SymbolNYSE:AIZ
CUSIP04621X10
Phone212-859-7000

Debt

Debt-to-Equity Ratio0.38
Current Ratio0.49
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio26.40
Forward P/E Ratio13.60
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.42 billion
Price / Sales1.03
Cash Flow$4.4063 per share
Price / Cash23.85
Book Value$81.41 per share
Price / Book1.29

Profitability

EPS (Most Recent Fiscal Year)$3.98
Net Income$519.60 million
Net Margins6.37%
Return on Equity5.62%
Return on Assets0.74%

Miscellaneous

Employees14,750
Outstanding Shares62,840,000
Market Cap$6.61 billion

Assurant (NYSE:AIZ) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, July 12th. Stockholders of record on Monday, August 27th will be paid a dividend of $0.56 per share on Tuesday, September 18th. This represents a $2.24 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings data on Tuesday, August, 7th. The financial services provider reported $2.11 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.76 by $0.35. The financial services provider had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. Assurant had a net margin of 6.37% and a return on equity of 5.62%. During the same quarter last year, the company earned $1.63 EPS. View Assurant's Earnings History.

When is Assurant's next earnings date?

Assurant is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Assurant.

What price target have analysts set for AIZ?

4 equities research analysts have issued twelve-month price objectives for Assurant's shares. Their forecasts range from $125.00 to $136.00. On average, they anticipate Assurant's stock price to reach $128.75 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View Analyst Price Targets for Assurant.

What is the consensus analysts' recommendation for Assurant?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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:
  • Mr. Alan B. Colberg, Pres, CEO & Director (Age 56)
  • Mr. Richard Steven Dziadzio, Exec. VP, CFO & Treasurer (Age 54)
  • Mr. Gene Edward Mergelmeyer, Exec. VP & COO (Age 59)
  • Mr. Ajay Waghray, Exec. VP & CTO (Age 56)
  • Mr. Christopher John Pagano, Exec. VP & Chief Risk Officer (Age 54)

Has Assurant been receiving favorable news coverage?

News articles about AIZ stock have been trending somewhat positive on Thursday, according to Accern. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Assurant earned a coverage optimism score of 0.18 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Assurant.

Who are Assurant's major shareholders?

Assurant's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TPG Group Holdings SBS Advisors Inc. (16.02%), FMR LLC (7.50%), FMR LLC (6.29%), BlackRock Inc. (6.93%), Dimensional Fund Advisors LP (3.77%) and LSV Asset Management (3.24%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer and Tpg Advisors Vi-Aiv, Inc. View Institutional Ownership Trends for Assurant.

Which major investors are selling Assurant stock?

AIZ stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Tobam, American Century Companies Inc., Los Angeles Capital Management & Equity Research Inc., FMR LLC, FMR LLC, Bank of Nova Scotia and Great West Life Assurance Co. Can. Company insiders that have sold Assurant company stock in the last year include Christopher J Pagano, Gene Mergelmeyer and Tpg Advisors Vi-Aiv, Inc. View Insider Buying and Selling for Assurant.

Which major investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including TPG Group Holdings SBS Advisors Inc., ING Groep NV, Bank of New York Mellon Corp, Bank of New York Mellon Corp, First Trust Advisors LP, USS Investment Management Ltd, OppenheimerFunds Inc. and Northern Trust Corp. View Insider Buying and Selling for Assurant.

How do I buy shares of Assurant?

Shares of AIZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Assurant's stock price today?

One share of AIZ stock can currently be purchased for approximately $105.09.

How big of a company is Assurant?

Assurant has a market capitalization of $6.61 billion and generates $6.42 billion in revenue each year. The financial services provider earns $519.60 million in net income (profit) each year or $3.98 on an earnings per share basis. Assurant employs 14,750 workers across the globe.

How can I contact Assurant?

Assurant's mailing address is 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005. The financial services provider can be reached via phone at 212-859-7000 or via email at [email protected]


MarketBeat Community Rating for Assurant (NYSE AIZ)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  432
MarketBeat's community ratings are surveys of what our community members think about Assurant and other stocks. Vote "Outperform" if you believe AIZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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