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: $98.84
  • 50 Day Moving Average: $95.87
  • 200 Day Moving Average: $89.81
  • 52-Week Range: $69.71 - $99.05
  • Trailing P/E Ratio: 10.83
  • Foreward P/E Ratio: 13.69
  • P/E Growth: 0.58
  • Market Cap: $5.50B
  • Outstanding Shares: 55,636,000
  • Beta: 0.95
Profitability:
  • 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%
Additional Links:
Companies Related to Assurant:

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 (5.50% downside)

Analysts' Ratings History for Assurant (NYSE:AIZ)
Show:
DateFirmActionRatingPrice TargetDetails
1/12/2017SunTrust Banks, Inc.Set Price TargetBuy$115.00View Rating Details
1/9/2017Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
10/7/2016Credit Suisse GroupInitiated CoverageNeutral$93.00View Rating Details
8/23/2016DOWLING & PARTNReiterated RatingNeutralView Rating Details
7/17/2016Goldman Sachs Group, Inc. (The)DowngradeBuy$95.00View Rating Details
7/6/2016J P Morgan Chase & CoReiterated RatingHold$77.00View Rating Details
2/10/2016Piper Jaffray CompaniesLower Price TargetNeutral$84.00 -> $80.00View Rating Details
8/14/2015Jefferies Group LLCBoost Price TargetHold$60.00 -> $70.00View Rating Details
7/29/2015MacquarieBoost Price TargetNeutral$73.00 -> $77.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Assurant (NYSE:AIZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
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$1.49$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)

Estimates

Earnings Estimates for Assurant (NYSE:AIZ)
Current Year EPS Consensus Estimate: $6.25 EPS
Next Year EPS Consensus Estimate: $7.22 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$0.06$1.80$0.87
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$1.77$1.85$1.81
Q2 20182$1.80$1.91$1.86
Q3 20182$1.59$1.96$1.78
Q4 20182$1.90$1.99$1.95
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Assurant (NYSE:AIZ)
Annual Dividend:$2.12
Dividend Yield:2.14%
Dividend Growth:28.40% (3 Year Average)
Payout Ratio:23.69% (Based on Trailing 12 Months of Earnings)
33.92% (Based on Current Year Consensus EPS Estimate)
29.36% (Based on Next Year Consensus EPS Estimate)
Track Record:13 Years of Consecutive Dividend Growth

Dividend History for Assurant (NYSE:AIZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.85%
Institutional Ownership Percentage: 93.44%
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)

Headlines

Latest Headlines for Assurant (NYSE:AIZ)
DateHeadline
News IconUnder the Lens: Stock Review for Assurant, Inc. (NYSE:AIZ) - Rives Journal (NYSE:AIZ)
rivesjournal.com - February 23 at 3:27 PM
4-traders.com logoASSURANT, INC. : ex-dividend day (NYSE:AIZ)
www.4-traders.com - February 23 at 1:29 AM
News IconWhat is the Sell-side Saying About Assurant, Inc. (NYSE:AIZ)? - Aiken - Aiken Advocate (NYSE:AIZ)
aikenadvocate.com - February 22 at 3:28 PM
News IconMarket Scanner: Tracking Shares of Assurant, Inc. (NYSE:AIZ) - The Standard (NYSE:AIZ)
6milestandard.com - February 22 at 3:28 PM
nasdaq.com logoAssurant, Inc. (AIZ) Ex-Dividend Date Scheduled for February 23, 2017 - Nasdaq (NYSE:AIZ)
www.nasdaq.com - February 22 at 3:28 PM
News IconWhat is the Sell-side Saying About Assurant, Inc. (NYSE:AIZ)? - Aiken Advocate (NYSE:AIZ)
aikenadvocate.com - February 21 at 3:42 PM
nasdaq.com logoEx-Dividend Reminder: Chemed Corp, First Hawaiian and Assurant - Nasdaq (NYSE:AIZ)
www.nasdaq.com - February 21 at 3:42 PM
News IconIs buying Assurant Inc (AIZ) for its upcoming $0.53 dividend a good choice? (NYSE:AIZ)
simplywall.st - February 19 at 3:22 PM
finance.yahoo.com logoASSURANT INC Financials (NYSE:AIZ)
finance.yahoo.com - February 18 at 3:24 PM
News IconAssurant Donates $40,000 to Benefit Three Dallas Housing Charities (NYSE:AIZ)
www.pressreleasepoint.com - February 16 at 8:31 PM
News IconMarket Check: Narrowing in on Shares of Assurant, Inc. (NYSE:AIZ) - BVN (NYSE:AIZ)
bvnewsjournal.com - February 16 at 7:36 AM
biz.yahoo.com logoASSURANT INC Files SEC form 10-K, Annual Report (NYSE:AIZ)
biz.yahoo.com - February 14 at 8:42 PM
News IconInside the Numbers: Checking on Shares of Assurant, Inc. (NYSE:AIZ) - Baldwin Journal (NYSE:AIZ)
baldwinjournal.com - February 14 at 3:42 PM
News IconGuess Who Just Picked Up Assurant Inc. (NYSE:AIZ) Shares - Small ... - Small Cap Exclusive (press release) (NYSE:AIZ)
smallcapexclusive.com - February 14 at 3:42 PM
capitalcube.com logoAssurant, Inc. breached its 50 day moving average in a Bullish Manner : AIZ-US : February 14, 2017 (NYSE:AIZ)
www.capitalcube.com - February 14 at 3:42 PM
capitalcube.com logoETFs with exposure to Assurant, Inc. : February 14, 2017 (NYSE:AIZ)
www.capitalcube.com - February 14 at 3:42 PM
News IconNarrowing in on the Numbers for Assurant, Inc. (NYSE:AIZ) - Piedmont Register (NYSE:AIZ)
piedmontregister.com - February 13 at 3:46 PM
marketnewsvideo.com logoAssurant Becomes #95 Most Shorted S&P 500 Component, Replacing Mallinckrodt (NYSE:AIZ)
www.marketnewsvideo.com - February 10 at 3:52 PM
capitalcube.com logoAssurant, Inc. :AIZ-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NYSE:AIZ)
www.capitalcube.com - February 10 at 3:52 PM
News IconStock Review for Assurant, Inc. (NYSE:AIZ) - The Standard (NYSE:AIZ)
6milestandard.com - February 9 at 8:27 PM
capitalcube.com logoAssurant, Inc. :AIZ-US: Earnings Analysis: Q4, 2016 By the Numbers : February 9, 2017 (NYSE:AIZ)
www.capitalcube.com - February 9 at 3:27 PM
baystreet.ca logoAssurant (AIZ) Flat with Quarterly Earnings Set to Report (NYSE:AIZ)
www.baystreet.ca - February 9 at 2:02 AM
us.rd.yahoo.com logoAssurant Reports Fourth Quarter and Full-Year 2016 Financial Results (NYSE:AIZ)
us.rd.yahoo.com - February 9 at 2:02 AM
biz.yahoo.com logoASSURANT INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:AIZ)
us.rd.yahoo.com - February 9 at 2:02 AM
News IconEquity Sheet: Reviewing the Levels for Assurant, Inc. (NYSE:AIZ) - Baldwin Journal (NYSE:AIZ)
baldwinjournal.com - February 8 at 8:33 PM
finance.yahoo.com logoEdited Transcript of AIZ earnings conference call or presentation 8-Feb-17 1:00pm GMT (NYSE:AIZ)
finance.yahoo.com - February 8 at 8:33 PM
finance.yahoo.com logoAssurant's (AIZ) Q4 Earnings Beat, Revenues Miss Estimates (NYSE:AIZ)
finance.yahoo.com - February 8 at 3:31 PM
News IconStock Overview: Moving Average Check on Assurant Inc. (AIZ) - Davidson Register (NYSE:AIZ)
davidsonregister.com - February 7 at 8:54 PM
News IconEarnings Per Share of $0.4 Anticipated For Assurant, Inc. (NYSE:AIZ) - Aiken Advocate (NYSE:AIZ)
aikenadvocate.com - February 7 at 8:54 PM
nasdaq.com logoAssurant Inc Q4 Earnings Decline 52% - Nasdaq (NYSE:AIZ)
www.nasdaq.com - February 7 at 8:53 PM
sg.finance.yahoo.com logoAssurant beats 4Q profit forecasts (NYSE:AIZ)
sg.finance.yahoo.com - February 7 at 8:53 PM
biz.yahoo.com logoQ4 2016 Assurant Inc Earnings Release - After Market Close (NYSE:AIZ)
biz.yahoo.com - February 7 at 3:53 PM
nasdaq.com logoAssurant Reaches Analyst Target Price - Nasdaq (NYSE:AIZ)
www.nasdaq.com - February 6 at 8:31 PM
News IconVisa INC (V) Market Value Rose While Westfield Capital Management Company LP Has Boosted Position by $20.66 Million (NYSE:AIZ)
randolphguide.com - February 3 at 3:34 PM
News IconVisa INC (V) Market Value Rose While Westfield Capital Management Company LP Has Boosted Position by $20.66 Million (NYSE:AIZ)
randolphguide.com - February 3 at 3:34 PM
finance.yahoo.com logoWhat's in Store for Assurant (AIZ) this Earnings Season? (NYSE:AIZ)
finance.yahoo.com - February 3 at 3:34 PM
us.rd.yahoo.com logoAssurant Partners with Vacasa to Provide Protection for Vacation Rental Owners (NYSE:AIZ)
us.rd.yahoo.com - February 2 at 8:31 PM
us.rd.yahoo.com logo4:28 pm Assurant partners with the second largest U.S. vacation rental management company, providing liability coverage and property insurance for Vacasa's homeowners (NYSE:AIZ)
us.rd.yahoo.com - February 2 at 8:31 PM
News IconTechnical Roundup on Shares of Assurant Inc. (AIZ) - Springdale Times (NYSE:AIZ)
springdaletimes.com - February 1 at 8:30 PM
News IconFirms & Funds Maintain Significant Positions In Assurant, Inc. (NYSE:AIZ) - Wall Street Beacon (NYSE:AIZ)
wsbeacon.com - February 1 at 3:29 PM
News IconWhat are Analysts Expecting for Assurant, Inc. (NYSE:AIZ) Earnings? - Aiken Advocate (NYSE:AIZ)
aikenadvocate.com - January 31 at 3:34 PM
News IconTrading Scope: Checking on Shares of Assurant, Inc. (NYSE:AIZ) - The Tribune (NYSE:AIZ)
lakecitytribune.com - January 30 at 3:36 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Assurant Inc. (AIZ) - Market Point (NYSE:AIZ)
mtptnews.com - January 28 at 3:27 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Assurant Inc. (AIZ) - Market Point (NYSE:AIZ)
mtptnews.com - January 28 at 3:27 PM
realistinvestor.com logoAnalysts Rating Of Assurant, Inc. (NYSE:AIZ) At 2.75 - RealistInvestor.com (NYSE:AIZ)
www.realistinvestor.com - January 28 at 3:27 PM
realistinvestor.com logoAnalysts Rating Of Assurant, Inc. (NYSE:AIZ) At 2.75 - RealistInvestor.com (NYSE:AIZ)
www.realistinvestor.com - January 28 at 3:27 PM
News IconEarnings in Full Force, Analysts Take Aim at Assurant, Inc. (NYSE:AIZ) - Wall Street Beacon (NYSE:AIZ)
wsbeacon.com - January 27 at 8:35 PM
News IconStock Review: Checking in on Share of Assurant, Inc. (NYSE:AIZ) - The Tribune (NYSE:AIZ)
lakecitytribune.com - January 26 at 8:43 PM
News IconCheck on Average Directional Index for Assurant Inc. (AIZ) - Springdale Times (NYSE:AIZ)
springdaletimes.com - January 25 at 3:30 PM
finance.yahoo.com logoAssurant Announces New Reportable Segments and Related Changes to Quarterly Financial Supplement (NYSE:AIZ)
finance.yahoo.com - January 24 at 8:48 PM

Social

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, January 13th. Investors of record on Monday, February 27th will be given a dividend of $0.53 per share on Monday, March 20th. This represents a $2.12 annualized dividend and a yield of 2.14%. The ex-dividend date is Thursday, February 23rd.

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

6 brokers have issued 12-month price objectives for Assurant's shares. 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.

When will Assurant announce their earnings?

Assurant is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Assurant stock?

Assurant's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (8.87%), State Street Corp (5.35%), Dimensional Fund Advisors LP (3.74%), AQR Capital Management LLC (2.88%), Janus Capital Management LLC (1.39%) and Guggenheim Capital LLC (1.05%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer, John Andrew Sondej and Robert W Stein.

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 FMR LLC, Renaissance Technologies LLC, Teachers Retirement System of The State of Kentucky, Janus Capital Management LLC, AQR Capital Management LLC, Allianz Asset Management AG, Bowling Portfolio Management LLC and Barings LLC. Company insiders that have sold Assurant stock in the last year include Christopher J Pagano, John Andrew Sondej and Robert W Stein.

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 Guggenheim Capital LLC, State Street Corp, Russell Investments Group Ltd., Asset Management One Co. Ltd., Arrowstreet Capital Limited Partnership, Dimensional Fund Advisors LP, Endeavour Capital Advisors Inc. and Elkfork Partners LLC.

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 $98.84.

Assurant (NYSE:AIZ) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Assurant (NYSE:AIZ)

Earnings History Chart

Earnings by Quarter for Assurant (NYSE:AIZ)

Dividend History Chart

Dividend Payments by Quarter for Assurant (NYSE:AIZ)

Last Updated on 2/23/2017 by MarketBeat.com Staff