Assurant Company Profile (NYSE:AIZ)

About Assurant (NYSE:AIZ)

Assurant logoAssurant, 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: Accident & Health Insurance
  • Sub-Industry: Multi-line Insurance
  • Symbol: NYSE:AIZ
  • CUSIP: 04621X10
  • Web: www.assurant.com
Capitalization:
  • Market Cap: $5.44 billion
  • Outstanding Shares: 54,787,000
Average Prices:
  • 50 Day Moving Avg: $98.68
  • 200 Day Moving Avg: $95.01
  • 52 Week Range: $78.50 - $106.02
P/E:
  • Trailing P/E Ratio: 12.11
  • Foreward P/E Ratio: 13.79
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $6.94 billion
  • Price / Sales: 0.78
  • Book Value: $75.57 per share
  • Price / Book: 1.31
Dividend:
  • Annual Dividend: $2.12
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $943.68 million
  • Net Margins: 7.51%
  • Return on Equity: 6.23%
  • Return on Assets: 0.92%
Debt:
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 0.40%
  • Quick Ratio: 0.54%
Misc:
  • Average Volume: 381,560 shs.
  • Beta: 0.95
  • Short Ratio: 4.78
 

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 announced a quarterly dividend on Friday, May 12th. Shareholders of record on Tuesday, May 30th will be given a dividend of $0.53 per share on Tuesday, June 20th. This represents a $2.12 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, May 25th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings data on Tuesday, May, 2nd. The company reported $1.87 EPS for the quarter, beating the consensus estimate of $1.51 by $0.36. The business earned $1.51 billion during the quarter, compared to analyst estimates of $1.62 billion. Assurant had a net margin of 7.51% and a return on equity of 6.23%. View Assurant's Earnings History.

When will Assurant make its next earnings announcement?

Assurant is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Assurant.

Where is Assurant's stock going? Where will Assurant's stock price be in 2017?

6 analysts have issued 1 year price objectives for Assurant's stock. Their forecasts range from $77.00 to $115.00. On average, they expect Assurant's share price to reach $93.40 in the next twelve months. View Analyst Ratings for Assurant.

Who are some of Assurant's key competitors?

Who owns Assurant stock?

Assurant's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.00%), FMR LLC (0.00%), BlackRock Inc. (0.00%), State Street Corp (5.45%), Bank of New York Mellon Corp (4.70%) and LSV Asset Management (4.08%). 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 Neuberger Berman Group LLC, FMR LLC, Parametric Portfolio Associates LLC, LSV Asset Management, Janus Capital Management LLC, Wellington Management Group LLP, Victory Capital Management Inc. and Prudential Financial Inc.. Company insiders that have sold Assurant stock in the last year include Christopher J Pagano, John Andrew Sondej and Robert W Stein. 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 BlackRock Inc., Wedge Capital Management L L P NC, AQR Capital Management LLC, Todd Asset Management LLC, Teachers Retirement System of The State of Kentucky, First Trust Advisors LP, JPMorgan Chase & Co. and O Shaughnessy Asset Management 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.

How much does a share of Assurant stock cost?

One share of Assurant stock can currently be purchased for approximately $99.28.

Analyst Ratings

Consensus Ratings for Assurant (NYSE:AIZ) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $93.40 (5.92% downside)

Analysts' Ratings History for Assurant (NYSE:AIZ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/12/2017SunTrust Banks, Inc.Set Price TargetBuy$115.00N/AView Rating Details
1/9/2017Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
10/7/2016Credit Suisse Group AGInitiated CoverageNeutral$93.00N/AView Rating Details
8/23/2016DOWLING & PARTNReiterated RatingNeutralN/AView Rating Details
7/17/2016Goldman Sachs Group IncDowngradeBuy$95.00N/AView Rating Details
7/6/2016JPMorgan Chase & Co.Reiterated RatingHold$77.00N/AView Rating Details
2/10/2016Piper Jaffray CompaniesLower Price TargetNeutral$84.00 -> $80.00N/AView Rating Details
8/14/2015Jefferies Group LLCBoost Price TargetHold$60.00 -> $70.00N/AView Rating Details
7/29/2015MacquarieBoost Price TargetNeutral$73.00 -> $77.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Assurant (NYSE:AIZ)
Earnings by Quarter for Assurant (NYSE:AIZ)
Earnings History by Quarter for Assurant (NYSE:AIZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
5/2/2017Q1 2017$1.51$1.87$1.62 billion$1.51 billionViewListenView Earnings Details
2/7/2017Q416$0.29$0.46$1.82 billion$1.75 billionViewListenView Earnings Details
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$1.54$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$1.66$0.87$2.58 billion$2.62 billionViewN/AView Earnings Details
10/29/2014Q314$1.58$1.82$2.53 billion$2.70 billionViewN/AView Earnings Details
7/23/2014Q214$1.53$1.62$2.40 billion$2.61 billionViewN/AView Earnings Details
4/23/2014Q114$1.56$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)

Estimates

Earnings Estimates for Assurant (NYSE:AIZ)
2017 EPS Consensus Estimate: $6.61
2018 EPS Consensus Estimate: $7.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.49$1.60$1.53
Q2 20172$1.56$1.69$1.63
Q3 20173$1.43$1.81$1.64
Q4 20173$1.74$1.95$1.82
Q1 20182$1.85$1.93$1.89
Q2 20182$1.80$1.91$1.86
Q3 20182$1.59$1.96$1.78
Q4 20182$1.92$1.99$1.96
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Assurant (NYSE:AIZ)
Next Dividend:6/20/2017
Annual Dividend:$2.12
Dividend Yield:2.14%
Dividend Growth:28.40% (3 Year Average)
Payout Ratio:23.69% (Trailing 12 Months of Earnings)
32.57% (Based on This Year's Estimates)
29.44% (Based on Next Year's Estimates)
Track Record:13 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Assurant (NYSE:AIZ)

Dividend History by Quarter for Assurant (NYSE:AIZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/12/2017quarterly$0.532.07%5/25/20175/30/20176/20/2017
1/13/2017quarterly$0.532.24%2/23/20172/27/20173/20/2017
11/14/2016quarterly$0.532.47%11/23/201611/28/201612/12/2016
7/7/2016quarterly$0.502.31%8/25/20168/29/20169/13/2016
5/13/2016quarterly$0.502.29%5/26/20165/31/20166/14/2016
1/15/2016quarterly$0.502.55%2/25/20162/29/20163/14/2016
9/10/2015quarterly$0.502.65%11/25/201511/30/201512/14/2015
7/8/2015quarterly$0.301.74%8/27/20158/31/20159/15/2015
5/8/2015quarterly$0.301.85%5/21/20155/26/20156/9/2015
1/9/2015quarterly$0.271.64%2/19/20152/23/20153/9/2015
11/14/2014quarterly$0.271.59%11/26/201412/1/201412/15/2014
7/10/2014quarterly$0.271.64%8/21/20148/25/20149/9/2014
5/9/2014quarterly$0.271.58%5/22/20145/27/20146/10/2014
1/10/2014quarterly$0.251.5%2/20/20142/24/20143/10/2014
11/15/2013quarterly$0.251.62%11/21/201311/25/201312/10/2013
7/11/2013quarterly$0.251.88%8/22/20138/26/20139/10/2013
5/10/2013quarterly$0.252.09%5/23/20135/28/20136/11/2013
1/11/2013quarterly$0.212.28%2/21/20132/5/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.85%
Institutional Ownership Percentage: 93.44%
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Institutional Ownership by Quarter for Assurant (NYSE:AIZ)
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/13/2017Christopher J PaganoEVPSell6,000$99.53$597,180.00View SEC Filing  
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)

Headlines

Headline Trends for Assurant (NYSE:AIZ)
Latest Headlines for Assurant (NYSE:AIZ)
Source:
DateHeadline
finance.yahoo.com logoAssurant, Inc. : AIZ-US: Dividend Analysis : May 30th, 2017 (record date) : By the numbers : May 26, 2017
finance.yahoo.com - May 26 at 3:39 PM
nasdaq.com logoAssurant, Inc. (AIZ) Ex-Dividend Date Scheduled for May 25, 2017 - Nasdaq
www.nasdaq.com - May 24 at 3:25 PM
finance.yahoo.com logoMOVES-Assurant names non-executive director to its UK Board
finance.yahoo.com - May 22 at 3:27 PM
streetinsider.com logoAssurant (AIZ) Names Daniel Pacicco as CAO - StreetInsider.com
www.streetinsider.com - May 16 at 6:56 AM
streetinsider.com logoForm 8-K ASSURANT INC For: May 09
www.streetinsider.com - May 15 at 3:25 PM
finance.yahoo.com logoAssurant Names Daniel A. Pacicco Chief Accounting Officer and Controller
finance.yahoo.com - May 15 at 3:25 PM
finance.yahoo.com logoAssurant Board of Directors Declares Quarterly Dividend of $0.53 per Common Share
finance.yahoo.com - May 12 at 3:59 PM
americanbankingnews.com logoAssurant, Inc. (AIZ) Declares Quarterly Dividend of $0.53
www.americanbankingnews.com - May 12 at 3:58 PM
seekingalpha.com logoAssurant: Quality Insurer Not Waivering From The Path - Seeking Alpha
seekingalpha.com - May 11 at 8:43 PM
americanbankingnews.com logo Brokerages Expect Assurant, Inc. (AIZ) Will Announce Quarterly Sales of $1.6 Billion
www.americanbankingnews.com - May 6 at 9:26 AM
americanbankingnews.com logoAssurant, Inc. (AIZ) Forecasted to Post Q1 2018 Earnings of $1.93 Per Share
www.americanbankingnews.com - May 5 at 5:24 PM
rttnews.com logoAssurant Inc Q1 Profit Climbs 6%
www.rttnews.com - May 4 at 8:35 PM
zacks.com logoAssurant's (AIZ) Q1 Earnings Beat Estimates, Improve Y/Y
www.zacks.com - May 4 at 8:34 PM
seekingalpha.com logoAssurant (AIZ) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 8:34 PM
finance.yahoo.com logoAssurant Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 8:34 PM
americanbankingnews.com logoBrokers Offer Predictions for Assurant, Inc.'s FY2017 Earnings (AIZ)
www.americanbankingnews.com - May 4 at 4:14 PM
nasdaq.com logoAIZ Crosses Above Average Analyst Target - Nasdaq
www.nasdaq.com - May 4 at 3:27 PM
americanbankingnews.com logoZacks: Analysts Expect Assurant, Inc. (AIZ) Will Announce Earnings of $1.60 Per Share
www.americanbankingnews.com - May 4 at 8:45 AM
finance.yahoo.com logoEdited Transcript of AIZ earnings conference call or presentation 3-May-17 12:00pm GMT
finance.yahoo.com - May 4 at 1:33 AM
finance.yahoo.com logoAssurant's (AIZ) Q1 Earnings Beat Estimates, Improve Y/Y - Yahoo Finance
finance.yahoo.com - May 3 at 8:28 PM
finance.yahoo.com logoAssurant (AIZ) Q1 Earnings: Disappointment in the Cards? - Yahoo Finance
finance.yahoo.com - May 3 at 3:27 PM
finance.yahoo.com logoAssurant's (AIZ) Q1 Earnings Beat Estimates, Improve Y/Y
finance.yahoo.com - May 3 at 3:27 PM
americanbankingnews.com logoAssurant, Inc. (AIZ) Issues Earnings Results, Beats Estimates By $0.36 EPS
www.americanbankingnews.com - May 3 at 2:30 PM
americanbankingnews.com logoPositive News Coverage Very Likely to Impact Assurant (AIZ) Share Price
www.americanbankingnews.com - May 3 at 10:18 AM
nasdaq.com logoAssurant Inc Q1 Profit Climbs 6% - Nasdaq
www.nasdaq.com - May 3 at 7:57 AM
marketbeat.com logoAssurant tops 1Q profit forecasts
marketbeat.com - May 2 at 5:02 PM
finance.yahoo.com logoAssurant (AIZ) Q1 Earnings: Disappointment in the Cards?
finance.yahoo.com - May 1 at 9:44 AM
americanbankingnews.com logoVery Favorable Media Coverage Extremely Likely to Impact Assurant (AIZ) Stock Price
www.americanbankingnews.com - April 30 at 10:08 AM
americanbankingnews.com logoAssurant, Inc. (AIZ) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:12 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Affect Assurant (AIZ) Share Price
www.americanbankingnews.com - April 27 at 2:12 PM
finance.yahoo.com logoAssurant, Inc. breached its 50 day moving average in a Bullish Manner : AIZ-US : April 26, 2017
finance.yahoo.com - April 26 at 3:38 PM
americanbankingnews.com logoAssurant (AIZ) Getting Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 12:16 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Somewhat Likely to Affect Assurant (AIZ) Share Price
www.americanbankingnews.com - April 20 at 11:34 AM
americanbankingnews.com logoAssurant (AIZ) Earning Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 16 at 9:28 AM
americanbankingnews.com logo$1.62 Billion in Sales Expected for Assurant, Inc. (AIZ) This Quarter
www.americanbankingnews.com - April 15 at 9:33 AM
americanbankingnews.com logoAssurant (AIZ) Earns Daily Media Sentiment Rating of 0.15
www.americanbankingnews.com - April 13 at 1:32 PM
americanbankingnews.com logoZacks: Analysts Expect Assurant, Inc. (AIZ) to Post $1.52 EPS
www.americanbankingnews.com - April 13 at 8:17 AM
finance.yahoo.com logoEXL recognizes Assurant with Innovation Award for use of Analytics ... - Yahoo Finance
finance.yahoo.com - April 12 at 8:25 PM
finance.yahoo.com logoAssurant to Announce 2017 First Quarter Financial Results
finance.yahoo.com - April 7 at 7:31 AM
americanbankingnews.com logoAssurant, Inc. (AIZ) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 5 at 5:46 PM
nasdaq.com logoWhy You Should Hold onto Assurant (AIZ) Stock Right Now - Nasdaq
www.nasdaq.com - March 28 at 3:26 PM
finance.yahoo.com logoWhy You Should Hold onto Assurant (AIZ) Stock Right Now
finance.yahoo.com - March 27 at 3:35 PM
finance.yahoo.com logoWhy Is Assurant (AIZ) Up 10% Since the Last Earnings Report?
finance.yahoo.com - March 10 at 4:12 PM
americanbankingnews.com logoAssurant, Inc. (AIZ) Receives Consensus Rating of “Hold” from Brokerages
www.americanbankingnews.com - March 10 at 12:38 PM
finance.yahoo.com logoAssurant CEO Sees Growth in Consumer Offsetting Headwinds
finance.yahoo.com - March 7 at 6:56 AM
thestreet.com logoThe Big Reason You Should Buy Assurant: 13 Years of Dividend Growth
www.thestreet.com - March 6 at 3:27 PM
finance.yahoo.com logoAssurant Partners with SnoopWall, Breach Prevention Technology Leader, to Insure Small and Medium Enterprises against Cyberattacks
finance.yahoo.com - March 6 at 11:18 AM
finance.yahoo.com logoAssurant and its Units Receive Rating Action from A.M. Best
finance.yahoo.com - March 3 at 3:40 PM
finance.yahoo.com logoA.M. Best Affirms Credit Ratings of Assurant, Inc. and Its Subsidiaries
finance.yahoo.com - March 2 at 3:41 PM
seekingalpha.com logoAssurant: No Reason To Ride Alongside This Transformation ... - Seeking Alpha
seekingalpha.com - March 1 at 8:14 AM

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Assurant (AIZ) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff