Assurant Company Profile (NYSE:AIZ)

About Assurant

Assurant logoAssurant, Inc. is a provider of specialty protection products and related services. The Company's segments include Assurant Solution, Assurant Specialty Property and Corporate & Other. The Assurant Solutions segment provides mobile device protection products and services; debt protection administration; credit insurance; extended service products and related services for consumer electronics, appliances and vehicles, and offers pre-funded funeral insurance. The Assurant Specialty Property segment provides lender-placed homeowners insurance; property preservation and valuation services; flood insurance; renters insurance and related products, and manufactured housing homeowners insurance. The Corporate & Other segment includes activities of the holding company, financing and interest expenses, net realized gains (losses) on investments and interest income earned from short-term investments held.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Accident & Health Insurance
  • Sub-Industry: Multi-line Insurance
  • Exchange: NYSE
  • Symbol: AIZ
  • CUSIP: 04621X10
Key Metrics:
  • Previous Close: $82.25
  • 50 Day Moving Average: $89.39
  • 200 Day Moving Average: $86.36
  • 52-Week Range: $64.36 - $92.63
  • Trailing P/E Ratio: 12.14
  • Foreward P/E Ratio: 12.24
  • P/E Growth: 1.48
  • Market Cap: $4.95B
  • Outstanding Shares: 60,204,000
  • Beta: 0.76
  • Net Margins: 4.97%
  • Return on Equity: 8.08%
  • Return on Assets: 1.23%
  • Debt-to-Equity Ratio: 0.25%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.54%
Additional Links:
Companies Related to Assurant:

Analyst Ratings

Consensus Ratings for Assurant (NYSE:AIZ) (?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $89.50 (8.81% upside)

Analysts' Ratings History for Assurant (NYSE:AIZ)
DateFirmActionRatingPrice TargetDetails
10/20/2016Bank of America Corp.DowngradeBuy -> Neutral$87.00View Rating Details
10/7/2016Credit Suisse Group AGInitiated CoverageNeutral$93.00View Rating Details
8/23/2016DOWLING & PARTNReiterated RatingNeutralView Rating Details
7/17/2016Goldman Sachs Group Inc.DowngradeBuy$95.00View Rating Details
7/6/2016JPMorgan Chase & Co.Reiterated RatingHold$77.00View Rating Details
2/10/2016Piper Jaffray Cos.Lower Price TargetNeutral$84.00 -> $80.00View Rating Details
12/4/2015SunTrust Banks Inc.Boost Price TargetBuy$95.00 -> $105.00View Rating Details
8/14/2015Jefferies GroupBoost Price TargetHold$60.00 -> $70.00View Rating Details
7/29/2015MacquarieBoost Price TargetNeutral$73.00 -> $77.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Assurant (NYSE:AIZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$1.49$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$1.60$0.87$2.58 billion$2.62 billionViewN/AView Earnings Details
10/29/2014Q314$1.57$1.82$2.53 billion$2.70 billionViewN/AView Earnings Details
7/23/2014Q214$1.58$1.62$2.40 billion$2.61 billionViewN/AView Earnings Details
4/23/2014Q114$1.53$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)


Earnings Estimates for Assurant (NYSE:AIZ)
Current Year EPS Consensus Estimate: $4.72 EPS
Next Year EPS Consensus Estimate: $6.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.05$1.56$1.27
Q2 20162$1.30$1.45$1.38
Q3 20163$1.00$1.59$1.33
Q4 20163$0.76$1.80$1.39
Q1 20173$1.60$1.69$1.66
Q2 20172$1.55$1.69$1.62
Q3 20173$1.64$1.81$1.71
Q4 20173$1.83$2.05$1.94
Q1 20181$1.94$1.94$1.94
Q2 20181$1.91$1.91$1.91
Q3 20181$1.96$1.96$1.96
(Data provided by Zacks Investment Research)


Current Dividend Information for Assurant (NYSE:AIZ)
Annual Dividend:$2.00
Dividend Yield:2.43%
Dividend Growth:19.10% (3 Year Average)
Payout Ratio:28.94% (Based on Trailing 12 Months of Earnings)
42.37% (Based on Current Year Consensus EPS Estimate)
29.76% (Based on Next Year Consensus EPS Estimate)
Track Record:12 Years of Consecutive Dividend Growth

Dividend History for Assurant (NYSE:AIZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.85%
Institutional Ownership Percentage: 94.49%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Assurant (NYSE:AIZ)
DateHeadline logoAssurant misses 3Q profit forecasts (NYSE:AIZ) - October 25 at 8:36 PM
News IconWhat is the Sell-side Saying About Assurant, Inc. (NYSE:AIZ)? - CSZ News (NYSE:AIZ) - October 25 at 3:24 PM logoGXG Appoints Veteran Executive Craig Lemasters As CEO (NYSE:AIZ) - October 25 at 3:24 PM logoQ3 2016 Assurant Inc Earnings Release - After Market Close (NYSE:AIZ) - October 25 at 8:13 AM
News IconDividend Diamond - Is There Further Upside to Assurant, Inc. (NYSE:AIZ) - CSZ News (NYSE:AIZ) - October 24 at 3:25 PM logoWill Q3 Earnings Hold a Surprise for Assurant (AIZ) Stock? - Nasdaq (NYSE:AIZ) - October 21 at 3:24 PM logoWill Q3 Earnings Hold a Surprise for Assurant (AIZ) Stock? (NYSE:AIZ) - October 21 at 12:39 PM
News IconPumping the Brakes, Stock Gapping Downward: Assurant, Inc. (NYSE:AIZ) - CSZ News (NYSE:AIZ) - October 20 at 9:18 PM logoAIZ Makes Notable Cross Below Critical Moving Average (NYSE:AIZ) - October 20 at 3:50 PM
News IconHitting the Skids Pre-Market With A Gap Down: Assurant, Inc. (NYSE:AIZ) - CSZ News (NYSE:AIZ) - October 20 at 9:14 AM
News Icon13F Action: Assurant INC (AIZ) Shareholder First Citizens Bank ... - Chester News (NYSE:AIZ) - October 20 at 9:14 AM logoAssurant Falls Most in S&P 500 as Floods, Phones Hurt Profit (NYSE:AIZ) - October 20 at 9:14 AM logoAssurant, Inc. breached its 50 day moving average in a Bearish Manner : AIZ-US : October 20, 2016 (NYSE:AIZ) - October 20 at 9:14 AM logoRelative Strength Alert For Assurant (NYSE:AIZ) - October 19 at 5:22 PM logoAssurant Falls Most Since February as Floods, Phones Hurt Profit (NYSE:AIZ) - October 19 at 4:12 PM logoASSURANT INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:AIZ) - October 19 at 8:14 AM
News IconWhat are Analysts Expecting for Assurant, Inc. (NYSE:AIZ) Earnings ... - CSZ News (NYSE:AIZ) - October 18 at 3:24 PM logoSell Recommendations For Assurant, Inc. (NYSE:AIZ) At 0 - Investor Newswire (NYSE:AIZ) - October 18 at 8:12 AM
News Icon20,038 Shares of Assurant Inc. (AIZ) are sold by BlackRock Advisors ... - DailyQuint (NYSE:AIZ) - October 16 at 8:12 AM logoAssurant, Inc. (NYSE:AIZ) Sales Estimate At $7212.672 - Investor Newswire (NYSE:AIZ) - October 15 at 3:22 PM
News IconIs this Large Market Cap Stock target price reasonable for Assurant ... - The Daily Leicester (NYSE:AIZ) - October 15 at 8:12 AM
News IconAssurant Inc. (AIZ) Coverage Initiated at Credit Suisse Group AG - DailyQuint (NYSE:AIZ) - October 14 at 11:57 AM logoAssurant Teams Respond to Hurricane Damage in Southeastern US (NYSE:AIZ) - October 13 at 8:46 PM logoThe New #155 Most Shorted S&P 500 Component: Xylem (NYSE:AIZ) - October 13 at 12:51 PM logoAssurant Reaches Analyst Target Price (NYSE:AIZ) - October 12 at 8:46 PM
News IconStock Update: Estimates & Target in Focus for Assurant, Inc. (NYSE:AIZ) - CSZ News (NYSE:AIZ) - October 11 at 8:30 PM logoAssurant Reaches Analyst Target Price - - Nasdaq (NYSE:AIZ) - October 11 at 3:27 PM logoAssurant, Inc. (NYSE:AIZ) Mean Price Target At $90.75 - (NYSE:AIZ) - October 8 at 3:22 PM logoCoverage initiated on Assurant by Credit Suisse (NYSE:AIZ) - October 7 at 3:24 PM logoAssurant Is A Niche Insurer With Great Capital Position But Limited Upside (NYSE:AIZ) - October 7 at 3:24 PM
News IconLatest Analyst Ratings For Assurant, Inc. (NYSE:AIZ) - The De Soto Edge (NYSE:AIZ) - October 7 at 8:11 AM
News IconToday's Short Interest Alert: What's Assurant Incorporated (NYSE:AIZ ... - Post News (NYSE:AIZ) - October 6 at 9:08 AM
News IconPrice Target & Session Watch on Assurant, Inc. (NYSE:AIZ) - Recall News (NYSE:AIZ) - October 5 at 3:55 PM
News IconWorth Watching: Assurant Inc (NYSE:AIZ) Quarterly Sentiment Report - Post News (NYSE:AIZ) - October 5 at 3:55 PM logoAssurant: There Are Better Places In The Insurance Industry - Seeking Alpha (NYSE:AIZ) - October 5 at 3:55 PM logoAssurant: There Are Better Places In The Insurance Industry (NYSE:AIZ) - October 5 at 8:13 AM
News IconLooking at This Dividend Darling With Implied Upside: Assurant, Inc. (NYSE:AIZ) - CSZ News (NYSE:AIZ) - October 4 at 3:24 PM logoAssurant, Inc. (NYSE:AIZ) Sell Recommendations At 0 - Investor Newswire (NYSE:AIZ) - October 4 at 8:11 AM
News IconAssurant, Inc. (NYSE:AIZ) Updated Broker Price Targets - The De Soto Edge (NYSE:AIZ) - October 4 at 8:11 AM
News IconAssurant to Announce 2016 Third Quarter Financial Results (NYSE:AIZ) - October 3 at 3:23 PM logo4 Companies that Could Raise Q4 Dividends by 20% or More (NYSE:AIZ) - October 3 at 3:23 PM logoAssurant, Inc. (NYSE:AIZ) Mean Price Target At $88.75 - (NYSE:AIZ) - October 1 at 3:21 PM logoAssurant: Reinventing Itself, 22% Upside - Seeking Alpha (NYSE:AIZ) - September 28 at 3:22 PM
News IconAssurant Partners with GamaSec to Bolster Cyber Security - Yahoo News (NYSE:AIZ) - September 27 at 3:25 PM logoAssurant Partners with GamaSec to Bolster Cyber Security (NYSE:AIZ) - September 27 at 3:25 PM logoAssurant Partners with GamaSec to Protect Website Owners from Cyberattack (NYSE:AIZ) - September 26 at 8:24 PM logoAssurant, Inc. (NYSE:AIZ)'s Expectation Of $7017.12 In Sales - Investor Newswire (NYSE:AIZ) - September 25 at 8:10 AM logoAssurant : AIZ) Shares are Up 0.94% (NYSE:AIZ) - September 23 at 3:51 PM logoAssurant : AIZ) Shares are Up 1.97% (NYSE:AIZ) - September 22 at 9:17 AM
News IconHow Analysts Feel About Assurant, Inc. (NYSE:AIZ)? - Post News (NYSE:AIZ) - September 21 at 4:19 PM


Assurant (NYSE:AIZ) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff