Log in

NYSE:AIZ - Assurant Stock Price, Forecast & News

$130.04
-0.89 (-0.68 %)
(As of 12/11/2019 09:09 AM ET)
Today's Range
$129.89
Now: $130.04
$130.76
50-Day Range
$125.17
MA: $129.72
$133.40
52-Week Range
$82.31
Now: $130.04
$134.25
Volume276,923 shs
Average Volume543,680 shs
Market Capitalization$7.89 billion
P/E Ratio22.42
Dividend Yield1.92%
Beta0.49
Assurant, Inc, through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other products. Read More…

Industry, Sector and Symbol

Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP04621X10
Phone212-859-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.06 billion
Cash Flow$6.61 per share
Book Value$82.69 per share

Profitability

Net Income$251 million

Miscellaneous

Employees14,750
Market Cap$7.89 billion
Next Earnings Date2/11/2020 (Estimated)
OptionableOptionable

Receive AIZ News and Ratings via Email

Sign-up to receive the latest news and ratings for AIZ and its competitors with MarketBeat's FREE daily newsletter.


Assurant (NYSE:AIZ) Frequently Asked Questions

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 Friday, November 8th. Investors of record on Monday, November 25th will be given a dividend of $0.63 per share on Monday, December 16th. This represents a $2.52 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, November 22nd. View Assurant's Dividend History.

How will Assurant's stock buyback program work?

Assurant announced that its board has authorized a stock repurchase plan on Monday, November 5th 2018, which permits the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) announced its earnings results on Tuesday, November, 5th. The financial services provider reported $1.69 EPS for the quarter, hitting analysts' consensus estimates of $1.69. The financial services provider had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.56 billion. Assurant had a net margin of 2.76% and a return on equity of 8.09%. The business's quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted $1.06 EPS. View Assurant's Earnings History.

When is Assurant's next earnings date?

Assurant is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Assurant.

What price target have analysts set for AIZ?

3 analysts have issued twelve-month price targets for Assurant's shares. Their forecasts range from $130.00 to $154.00. On average, they expect Assurant's stock price to reach $143.00 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets for Assurant.

What is the consensus analysts' recommendation 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.

Has Assurant been receiving favorable news coverage?

News coverage about AIZ stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Assurant earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Assurant.

Are investors shorting Assurant?

Assurant saw a increase in short interest in November. As of November 15th, there was short interest totalling 1,860,000 shares, an increase of 6.3% from the October 31st total of 1,750,000 shares. Based on an average trading volume of 476,000 shares, the short-interest ratio is currently 3.9 days. Approximately 3.1% of the company's shares are sold short. View Assurant's Current Options Chain.

Who are some of Assurant's key competitors?

What other stocks do shareholders of Assurant own?

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), Athabasca Oil (ATH), NIC (EGOV), Allergan (AGN), Aegean Marine Petroleum Network (ANW), Zoetis (ZTS) and AutoZone (AZO).

Who are Assurant's key executives?

Assurant's management team includes the folowing people:
  • Mr. Alan B. Colberg, Pres, CEO & Director (Age 57)
  • Mr. Richard Steven Dziadzio, Exec. VP & CFO (Age 55)
  • Mr. Gene Edward Mergelmeyer, Exec. VP & COO (Age 60)
  • Mr. Eric Greenman CFA, Chief Investment Officer & Exec. VP
  • Mr. Daniel A. Pacicco, Sr. VP, Chief Accounting Officer & Controller

Who are Assurant's major shareholders?

Assurant's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (5.15%), Massachusetts Financial Services Co. MA (1.51%), Wedge Capital Management L L P NC (1.31%), California Public Employees Retirement System (0.77%), First Trust Advisors LP (0.54%) and Millennium Management LLC (0.54%). 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.

Which major investors are selling Assurant stock?

AIZ stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Barclays PLC, Wedge Capital Management L L P NC, First Trust Advisors LP, First Citizens Bank & Trust Co., State of Alaska Department of Revenue, Hallmark Capital Management Inc. and Hennessy Advisors Inc.. 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.

Which major investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, State Street Corp, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Nippon Life Global Investors Americas Inc., Mountain Pacific Investment Advisers Inc. ID, Mackay Shields LLC and Zurcher Kantonalbank Zurich Cantonalbank. View Insider Buying and Selling for Assurant.

How do I buy shares of 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.

What is Assurant's stock price today?

One share of AIZ stock can currently be purchased for approximately $130.04.

How big of a company is Assurant?

Assurant has a market capitalization of $7.89 billion and generates $8.06 billion in revenue each year. The financial services provider earns $251 million in net income (profit) each year or $5.80 on an earnings per share basis. Assurant employs 14,750 workers across the globe.View Additional Information About Assurant.

What is Assurant's official website?

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

How can I contact Assurant?

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]


MarketBeat Community Rating for Assurant (NYSE AIZ)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  348 (Vote Underperform)
Total Votes:  564
MarketBeat's community ratings are surveys of what our community members think about Assurant and other stocks. Vote "Outperform" if you believe AIZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2019 by MarketBeat.com Staff

Featured Article: Net Asset Value

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel