NYSE:AIZ - Assurant Stock Price, Forecast & News

Assurant trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIZ."

Assurant declared a quarterly dividend on Tuesday, January 14th. Shareholders of record on Monday, February 24th will be given a dividend of $0.63 per share on Monday, March 16th. This represents a $2.52 annualized dividend and a yield of 1.84%. The ex-dividend date is Friday, February 21st. View Assurant's Dividend History.

Assurant declared that its Board of Directors has initiated a share repurchase plan on Monday, November 5th 2018, which authorizes the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 9.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings data on Tuesday, February, 11th. The financial services provider reported $2.25 EPS for the quarter, missing the consensus estimate of $2.39 by $0.14. The financial services provider earned $2.60 billion during the quarter, compared to analysts' expectations of $2.50 billion. Assurant had a net margin of 3.75% and a return on equity of 9.51%. During the same period in the prior year, the business earned $0.77 EPS. View Assurant's Earnings History.

Assurant is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Assurant.

Assurant issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of 10.13-10.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.74.

3 equities research analysts have issued twelve-month target prices for Assurant's shares. Their forecasts range from $145.00 to $158.00. On average, they anticipate Assurant's stock price to reach $150.67 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Assurant.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Assurant.

Media coverage about AIZ stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Assurant earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Assurant.

Some companies that are related to Assurant include American International Group (AIG), Hartford Financial Services Group (HIG), Loews (L), American Financial Group (AFG), Kemper (KMPR), American National Insurance (ANAT), Genworth Financial (GNW) and Horace Mann Educators (HMN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NIC (EGOV), Allergan (AGN), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Zoetis (ZTS) and AutoZone (AZO).

Assurant's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.13%), Lyrical Asset Management LP (2.65%), Bank of New York Mellon Corp (2.52%), FMR LLC (1.99%), Geode Capital Management LLC (1.62%) and Massachusetts Financial Services Co. MA (1.60%). Company insiders that own Assurant stock include Charles John Koch, Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell, Tammy L Schultz and Tpg Advisors Vi-Aiv, Inc. View Institutional Ownership Trends for Assurant.

AIZ stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wedge Capital Management L L P NC, Bank of New York Mellon Corp, Citigroup Inc., Cubist Systematic Strategies LLC, USS Investment Management Ltd, Comerica Bank and Lyrical Asset Management LP. Company insiders that have sold Assurant company stock in the last year include Charles John Koch, Gene Mergelmeyer, Michael P Campbell, Tammy L Schultz and Tpg Advisors Vi-Aiv, Inc. View Insider Buying and Selling for Assurant.

AIZ stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, AQR Capital Management LLC, Goldman Sachs Group Inc., Martingale Asset Management L P, Credit Suisse AG, FIL Ltd, Samlyn Capital LLC and Jefferies Group LLC. View Insider Buying and Selling for Assurant.

Shares of AIZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AIZ stock can currently be purchased for approximately $137.24.

Assurant has a market capitalization of $8.21 billion and generates $10.09 billion in revenue each year. The financial services provider earns $382.60 million in net income (profit) each year or $8.55 on an earnings per share basis. Assurant employs 14,200 workers across the globe.View Additional Information About Assurant.

The official website for Assurant is http://www.assurant.com/.

Assurant's mailing address is 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005. The financial services provider can be reached via phone at 212-859-7000 or via email at [email protected]