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.
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Industry, Sector and Symbol
Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Phone212-859-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.09 billion
Profitability
Miscellaneous
Employees14,200
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable
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 announced 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.
How will Assurant's stock buyback program work?
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 outstanding 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 typically an indication that the company's board of directors believes its stock is undervalued.
How were Assurant's earnings last quarter?
Assurant, Inc. (NYSE:AIZ) announced its earnings results on Tuesday, February, 11th. The financial services provider reported $2.25 earnings per share for the quarter, missing the consensus estimate of $2.39 by $0.14. The financial services provider had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.50 billion. Assurant had a net margin of 3.75% and a return on equity of 9.51%. During the same period last year, the business earned $0.77 earnings per share. View Assurant's Earnings History.
When is Assurant's next earnings date?
What guidance has Assurant issued on next quarter's earnings?
Assurant issued an update on its FY 2020
After-Hours earnings guidance on Tuesday, February, 11th. The company provided earnings per share (EPS) guidance of 10.13-10.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.74.
What price target have analysts set for AIZ?
3 brokerages have issued 1-year price objectives for Assurant's shares. Their forecasts range from $145.00 to $158.00. On average, they anticipate Assurant's share price to reach $150.67 in the next year. This suggests a possible upside of 9.8% 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?
Media stories about AIZ stock have been trending neutral recently, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Assurant earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Assurant.
Who are some of Assurant's key competitors?
What other stocks do shareholders of Assurant own?
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 many different of institutional and retail investors. Top institutional investors 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.
Which major investors are selling Assurant stock?
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.
Which major investors are buying Assurant stock?
AIZ stock was purchased 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.
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 $137.24.
How big of a company is Assurant?
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.
What is Assurant's official website?
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)
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.
