Assurant Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Assurant stock.
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Assurant saw a decline in short interest in March. As of March 31st, there was short interest totaling 843,400 shares, a decline of 30.9% from the March 15th total of 1,220,000 shares. Based on an average trading volume of 501,400 shares, the short-interest ratio is currently 1.7 days. Currently, 1.4% of the company's shares are sold short.
View Assurant's Short Interest.

Assurant is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Assurant.

Assurant, Inc. (NYSE:AIZ) released its earnings results on Monday, May, 3rd. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.96 by $0.51. The financial services provider earned $2.43 billion during the quarter, compared to the consensus estimate of $2.18 billion. Assurant had a net margin of 4.24% and a trailing twelve-month return on equity of 9.86%. Assurant's revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.43 EPS.
View Assurant's earnings history.

Assurant's stock was trading at $108.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AIZ shares have increased by 44.1% and is now trading at $156.17.
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Assurant declared a quarterly dividend on Tuesday, January 12th. Investors of record on Monday, February 22nd will be paid a dividend of $0.66 per share on Monday, March 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Friday, February 19th.
View Assurant's dividend history.

Assurant pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.65%. Assurant has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Assurant is 30.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Assurant will have a dividend payout ratio of 25.00% next year. This indicates that Assurant will be able to sustain or increase its dividend.
View Assurant's dividend history.

Assurant announced that its Board of Directors has authorized a share buyback program on Tuesday, January 12th 2021, which allows the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Assurant issued an update on its FY 2021 earnings guidance on Tuesday, May, 11th. The company provided earnings per share (EPS) guidance of 10.868-11.263 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.500. The company issued revenue guidance of -.

2 Wall Street analysts have issued twelve-month target prices for Assurant's stock. Their forecasts range from $170.00 to $185.00. On average, they anticipate Assurant's stock price to reach $178.00 in the next year. This suggests a possible upside of 14.0% from the stock's current price.
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400 employees have rated Assurant CEO Alan Colberg on Glassdoor.com. Alan Colberg has an approval rating of 84% among Assurant's employees. 65.0% of employees surveyed would recommend working at Assurant to a friend.

Some companies that are related to Assurant include American International Group (AIG), The Hartford Financial Services Group (HIG), Loews (L), American Financial Group (AFG), Kemper (KMPR), American National Group (ANAT), Genworth Financial (GNW) and Horace Mann Educators (HMN).
View all of AIZ's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC), Johnson & Johnson (JNJ), Accenture (ACN), Micron Technology (MU) and Abbott Laboratories (ABT).

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

Assurant's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.26%), Sumitomo Mitsui Trust Holdings Inc. (0.71%), Wedge Capital Management L L P NC (0.44%), Swiss National Bank (0.39%), Nippon Life Global Investors Americas Inc. (0.31%) and Mountain Pacific Investment Advisers Inc. ID (0.29%). Company insiders that own Assurant stock include Charles John Koch, Gene Mergelmeyer, J Braxton Carter II, Michael P Campbell and Tammy L Schultz.
View institutional ownership trends for Assurant.

AIZ stock was sold by a variety of institutional investors in the last quarter, including Dearborn Partners LLC, Wedge Capital Management L L P NC, Nissay Asset Management Corp Japan ADV, Edgestream Partners L.P., State of Tennessee Treasury Department, Comerica Bank, Victory Capital Management Inc., and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity for Assurant or view top insider-selling stocks.

AIZ stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Paradice Investment Management LLC, Calamos Advisors LLC, Forsta AP Fonden, BNP Paribas Arbitrage SA, Principal Financial Group Inc., MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, and Dividend Assets Capital LLC.
View insider buying and selling activity for Assurant or or view top insider-buying stocks.

Shares of AIZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AIZ stock can currently be purchased for approximately $156.17.

Assurant has a market capitalization of $9.46 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 13,600 workers across the globe.

The official website for Assurant is www.assurant.com.

Assurant is headquartered at 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005.

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]