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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Prologis Stock Leading U.S. Logistics Boom
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Prologis Stock Leading U.S. Logistics Boom
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Prologis Stock Leading U.S. Logistics Boom
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
NYSE:AIZ

Assurant (AIZ) Stock Price, News & Analysis

$170.08
-1.02 (-0.60%)
(As of 05:11 PM ET)
Today's Range
$169.78
$171.38
50-Day Range
$171.06
$188.24
52-Week Range
$115.41
$189.48
Volume
270,924 shs
Average Volume
358,212 shs
Market Capitalization
$8.84 billion
P/E Ratio
14.20
Dividend Yield
1.69%
Price Target
$192.20

Assurant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
13.0% Upside
$192.20 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.54mentions of Assurant in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.28%
From $15.67 to $16.81 Per Share

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.

4.45 out of 5 stars

Finance Sector

192nd out of 834 stocks

Insurance Carriers, Not Elsewhere Classified Industry

1st out of 1 stocks

AIZ stock logo

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.

AIZ Stock Price History

AIZ Stock News Headlines

This company has increased its dividend every year for 54 years
There are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.
This company has increased its dividend every year for 54 years
There are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.
AIZ Quantitative Stock Analysis
Are Finance Stocks Lagging AMERISAFE (AMSF) This Year?
CPR Cell Phone Repair Debuts New Store in Chula Vista, CA
AIZ Mar 2024 80.000 put
AIZ Mar 2024 165.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/25 Dividend
2/02/2024
Last Earnings
2/06/2024
Dividend Payable
3/25/2024
Today
4/17/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance carriers, not elsewhere classified
Sub-Industry
Multi-line Insurance
CUSIP
04621X10
Employees
13,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$192.20
High Stock Price Target
$205.00
Low Stock Price Target
$164.00
Potential Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$642.50 million
Pretax Margin
7.25%

Debt

Sales & Book Value

Annual Sales
$11.13 billion
Cash Flow
$19.28 per share
Book Value
$91.45 per share

Miscellaneous

Free Float
51,703,000
Market Cap
$8.84 billion
Optionable
Optionable
Beta
0.50
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AIZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Assurant stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AIZ shares.
View AIZ analyst ratings
or view top-rated stocks.

What is Assurant's stock price target for 2024?

4 analysts have issued 1-year target prices for Assurant's stock. Their AIZ share price targets range from $164.00 to $205.00. On average, they expect the company's share price to reach $192.20 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for AIZ
or view top-rated stocks among Wall Street analysts.

How have AIZ shares performed in 2024?

Assurant's stock was trading at $168.49 at the beginning of 2024. Since then, AIZ shares have increased by 0.9% and is now trading at $170.08.
View the best growth stocks for 2024 here
.

Are investors shorting Assurant?

Assurant saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 744,900 shares, an increase of 10.1% from the March 15th total of 676,600 shares. Based on an average daily trading volume, of 369,900 shares, the short-interest ratio is presently 2.0 days. Currently, 1.5% of the company's shares are sold short.
View Assurant's Short Interest
.

When is Assurant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AIZ earnings forecast
.

How can I listen to Assurant's earnings call?

Assurant will be holding an earnings conference call on Wednesday, May 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) released its quarterly earnings results on Tuesday, February, 6th. The financial services provider reported $4.58 EPS for the quarter, beating the consensus estimate of $3.70 by $0.88. The financial services provider earned $3 billion during the quarter, compared to the consensus estimate of $2.78 billion. Assurant had a net margin of 5.77% and a trailing twelve-month return on equity of 18.36%.

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

Assurant announced a quarterly dividend on Thursday, January 18th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.72 per share on Monday, March 25th. This represents a $2.88 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Friday, February 2nd.
Read our dividend analysis for AIZ
.

Is Assurant a good dividend stock?

Assurant (NYSE:AIZ) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.67%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIZ will have a dividend payout ratio of 17.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIZ.

How will Assurant's stock buyback program work?

Assurant declared that its board has authorized a share buyback plan on Thursday, November 9th 2023, which authorizes the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are 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.

What other stocks do shareholders of Assurant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include Xtrackers California Municipal Bond ETF (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).

Who are Assurant's major shareholders?

Assurant's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.48%), AMF Tjanstepension AB (0.40%), Mountain Pacific Investment Advisers Inc. ID (0.33%), Alaska Permanent Fund Corp (0.04%), Czech National Bank (0.02%) and Pensionfund Sabic (0.01%). Insiders that own company stock include Alan B Colberg, Dimitry Dirienzo, Francesca Luthi, Gene Mergelmeyer, Jay Rosenblum, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AIZ) was last updated on 4/17/2024 by MarketBeat.com Staff

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