About Assurant (NYSE:AIZ)
Assurant, 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
- Market Cap: $5.38 billion
- Outstanding Shares: 53,886,000
- 50 Day Moving Avg: $94.82
- 200 Day Moving Avg: $99.46
- 52 Week Range: $78.50 - $106.99
Sales & Book Value:
- Trailing P/E Ratio: 13.13
- Foreward P/E Ratio: 14.09
- P/E Growth: 1.48
- Annual Revenue: $6.74 billion
- Price / Sales: 0.80
- Book Value: $78.14 per share
- Price / Book: 1.28
- Annual Dividend: $2.12
- Dividend Yield: 2.1%
- EBITDA: $864.39 million
- Net Margins: 6.53%
- Return on Equity: 6.70%
- Return on Assets: 0.95%
- Debt-to-Equity Ratio: 0.27%
- Current Ratio: 0.51%
- Quick Ratio: 0.51%
- 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?
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?
MarketBeat Community Rating for Assurant (NYSE AIZ)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.
One share of Assurant stock can currently be purchased for approximately $99.89.
Consensus Ratings for Assurant (NYSE:AIZ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Assurant (NYSE:AIZ)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$115.00||N/A|
|1/9/2017||Bank of America Corporation||Downgrade||Neutral -> Underperform||N/A|
|10/7/2016||Credit Suisse Group||Initiated Coverage||Neutral||$93.00||N/A|
|8/23/2016||DOWLING & PARTN||Reiterated Rating||Neutral||N/A|
|7/17/2016||Goldman Sachs Group Inc||Downgrade||Buy||$95.00||N/A|
|7/6/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$77.00||N/A|
|2/10/2016||Piper Jaffray Companies||Lower Price Target||Neutral||$84.00 -> $80.00||N/A|
Earnings History for Assurant (NYSE:AIZ)Earnings History by Quarter for Assurant (NYSE AIZ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$1.58||$1.63||$1.57 billion||$1.60 billion||View||Listen|
|5/2/2017||Q1 2017||$1.51||$1.87||$1.62 billion||$1.51 billion||View||Listen|
|2/7/2017||Q416||$0.29||$0.46||$1.82 billion||$1.75 billion||View||Listen|
|10/25/2016||Q316||$0.98||$1.00||$1.74 billion||$1.83 billion||View||N/A|
|7/26/2016||Q216||$1.46||$1.42||$1.71 billion||$1.80 billion||View||N/A|
|4/26/2016||Q116||$1.23||$1.52||$1.85 billion||$2.15 billion||View||N/A|
|2/9/2016||Q415||$1.54||$0.97||$2.00 billion||$2.55 billion||View||N/A|
|10/27/2015||Q315||$1.56||$1.71||$2.03 billion||$2.53 billion||View||Listen|
|7/28/2015||Q215||$1.59||$2.07||$2.06 billion||$2.64 billion||View||Listen|
|5/5/2015||Q115||$0.63||$0.63||$2.56 billion||$2.60 billion||View||N/A|
|2/12/2015||Q414||$1.66||$0.87||$2.58 billion||$2.62 billion||View||N/A|
|10/29/2014||Q314||$1.58||$1.82||$2.53 billion||$2.70 billion||View||N/A|
|7/23/2014||Q214||$1.53||$1.62||$2.40 billion||$2.61 billion||View||N/A|
|4/23/2014||Q114||$1.56||$1.68||$2.36 billion||$2.45 billion||View||N/A|
|2/4/2014||Q413||$1.41||$1.46||$2.22 billion||$2.40 billion||View||N/A|
|10/23/2013||Q313||$1.48||$1.71||$2.21 billion||$2.26 billion||View||N/A|
|7/24/2013||Q2 2013||$1.42||$1.53||$2.11 billion||$2.24 billion||View||N/A|
|4/24/2013||Q1 2013||$1.54||$1.46||$2.10 billion||$2.15 billion||View||N/A|
|2/6/2013||Q4 2012||($0.28)||$0.31||$2.10 billion||$2.16 billion||View||N/A|
Earnings Estimates for Assurant (NYSE:AIZ)
2017 EPS Consensus Estimate: $5.54
2018 EPS Consensus Estimate: $7.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Assurant (NYSE:AIZ)
|Most Recent Dividend:||9/19/2017|
|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 History by Quarter for Assurant (NYSE AIZ)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.83%Insider Trades by Quarter for Assurant (NYSE:AIZ)
Institutional Ownership Percentage: 90.77%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/15/2017||Christopher J Pagano||EVP||Sell||7,000||$102.94||$720,580.00|| |
|5/31/2017||Christopher J. Pagano||EVP||Sell||2,000||$97.75||$195,500.00|| |
|3/13/2017||Christopher J Pagano||EVP||Sell||6,000||$99.53||$597,180.00|| |
|9/12/2016||Christopher J Pagano||EVP||Sell||6,000||$89.76||$538,560.00|| |
|8/18/2016||John Andrew Sondej||SVP||Sell||5,000||$86.04||$430,200.00|| |
|8/4/2016||Robert W. Stein||Director||Sell||2,500||$84.01||$210,025.00|| |
|6/16/2016||Christopher J Pagano||CFO||Sell||5,000||$84.47||$422,350.00|| |
|3/11/2016||Christopher J Pagano||CFO||Sell||2,000||$77.46||$154,920.00|| |
|12/22/2015||Christopher J. Pagano||CFO||Sell||2,500||$80.05||$200,125.00|| |
|12/11/2015||Christopher J. Pagano||CFO||Sell||2,000||$82.78||$165,560.00|| |
|11/24/2015||Gene Mergelmeyer||CEO||Sell||10,000||$85.28||$852,800.00|| |
|9/11/2015||Christopher J Pagano||CFO||Sell||2,000||$76.57||$153,140.00|| |
|12/1/2014||Christopher J Pagano||CFO||Sell||1,250||$67.40||$84,250.00|| |
|9/2/2014||Christopher J Pagano||CFO||Sell||1,250||$66.91||$83,637.50|| |
|6/6/2014||Adam Lamnin||CEO||Sell||21,626||$69.38||$1,500,411.88|| |
|6/2/2014||Christopher J Pagano||EVP||Sell||1,250||$68.10||$85,125.00|| |
|5/30/2014||John S Roberts||CEO||Sell||10,000||$67.89||$678,900.00|| |
|5/14/2014||Gene Mergelmeyer||Insider||Sell||30,000||$67.64||$2,029,200.00|| |
|3/3/2014||Adam Lamnin||CEO||Sell||20,000||$65.07||$1,301,400.00|| |
|3/3/2014||Christopher Pagano||EVP||Sell||1,250||$65.10||$81,375.00|| |
|11/11/2013||Jean Paul Montupet||Director||Buy||1,700||$59.83||$101,711.00|| |
|9/3/2013||Christopher Pagano||EVP||Sell||1,250||$53.76||$67,200.00|| |
|8/2/2013||Bart Schwartz||Insider||Sell||20,000||$54.70||$1,094,000.00|| |
|5/30/2013||Christopher J Pagano||EVP||Sell||1,500||$50.56||$75,840.00|| |
Headline Trends for Assurant (NYSE:AIZ)
Latest Headlines for Assurant (NYSE:AIZ)
Loading headlines, please wait.
Assurant (AIZ) Chart for Saturday, October, 21, 2017