Assurant (AIZ) Stock Forecast, Price & News

Assurant (NYSE:AIZ) Frequently Asked Questions

Is Assurant a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Assurant stock.
View analyst ratings for Assurant or view top-rated stocks.

Are investors shorting Assurant?

Assurant saw a drop in short interest in March. As of March 31st, there was short interest totaling 747,600 shares, a drop of 21.6% from the March 15th total of 953,700 shares. Based on an average trading volume of 512,800 shares, the short-interest ratio is presently 1.5 days. Approximately 1.3% of the company's shares are sold short.
View Assurant's Short Interest.

When is Assurant's next earnings date?

Assurant is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Assurant.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) released its quarterly earnings data on Tuesday, May, 3rd. The financial services provider reported $3.75 EPS for the quarter, beating analysts' consensus estimates of $2.77 by $0.98. The financial services provider earned $2.48 billion during the quarter, compared to analyst estimates of $2.62 billion. Assurant had a trailing twelve-month return on equity of 11.23% and a net margin of 13.23%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.47 earnings per share.
View Assurant's earnings history.

How often does Assurant pay dividends? What is the dividend yield for Assurant?

Assurant declared a quarterly dividend on Thursday, May 12th. Investors of record on Tuesday, May 31st will be given a dividend of $0.68 per share on Monday, June 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, May 27th.
View Assurant's dividend history.

Is Assurant a good dividend stock?

Assurant pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.50%. Assurant has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Assurant is 11.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Assurant will have a dividend payout ratio of 18.69% next year. This indicates that Assurant will be able to sustain or increase its dividend.
View Assurant's dividend history.

How will Assurant's stock buyback program work?

Assurant declared that its board has approved a stock repurchase program on Thursday, May 13th 2021, which authorizes the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 9.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

What guidance has Assurant issued on next quarter's earnings?

Assurant issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $13.06-$13.51 for the period, compared to the consensus EPS estimate of $12.36. The company issued revenue guidance of -.

What price target have analysts set for AIZ?

5 Wall Street analysts have issued 1-year price objectives for Assurant's shares. Their forecasts range from $152.41 to $220.00. On average, they anticipate Assurant's stock price to reach $195.74 in the next year. This suggests a possible upside of 7.8% from the stock's current price.
View analysts' price targets for Assurant or view top-rated stocks among Wall Street analysts.

Who are Assurant's key executives?

Assurant's management team includes the following people:

• Mr. Keith Warner Demmings, Pres, CEO & Director (Age 49, Pay $1.69M)
• Mr. Richard Steven Dziadzio, Exec. VP & CFO (Age 58, Pay $1.81M)
• Ms. Francesca L. Luthi, Exec. VP & Chief Admin. Officer (Age 46, Pay $1.28M) (LinkedIn Profile)
• Mr. Keith Roland Meier, Chief Operating Officer (Age 52)
• Mr. Vadim Lipovetsky, Chief Investment Officer
• Mr. Dimitry DiRienzo, Sr. VP, Chief Accounting Officer & Controller (Age 46)
• Mr. Joseph A. Surber III, Sr. VP & Global Technology Officer
• Ms. Suzanne Shepherd, Sr. VP of Investor Relations & Sustainability
• Mr. John Pawloski, Sr. VP & Chief Compliance Officer
• Mr. Jay E. Rosenblum, Exec. VP & Chief Legal Officer (Age 55)

What is Alan Colberg's approval rating as Assurant's CEO?

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.

Who are some of Assurant's key competitors?

Some companies that are related to Assurant include American International Group (AIG), The Hartford Financial Services Group (HIG), Loews (L), American Financial Group (AFG), American National Group (ANAT), Kemper (KMPR), Genworth Financial (GNW) and Horace Mann Educators (HMN).
View all of AIZ's 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), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC), Johnson & Johnson (JNJ), Accenture (ACN), Micron Technology (MU) and Abbott Laboratories (ABT).

What is Assurant's stock symbol?

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

Who are Assurant's major shareholders?

Assurant's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.50%), BlackRock Inc. (9.20%), Bank of New York Mellon Corp (3.89%), Massachusetts Financial Services Co. MA (1.95%), Lyrical Asset Management LP (1.86%) and Dimensional Fund Advisors LP (1.82%). Company insiders that own Assurant stock include Alan B Colberg, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II and Robert Lonergan.
View institutional ownership trends for Assurant.

Which institutional investors are selling Assurant stock?

AIZ stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., Massachusetts Financial Services Co. MA, BlackRock Inc., First Trust Advisors LP, Canada Pension Plan Investment Board, Wedge Capital Management L L P NC, and Russell Investments Group Ltd.. Company insiders that have sold Assurant company stock in the last year include Alan B Colberg, Francesca Luthi, Gene Mergelmeyer, and Robert Lonergan.
View insider buying and selling activity for Assurant or view top insider-selling stocks.

Which institutional investors are buying Assurant stock?

AIZ stock was bought by a variety of institutional investors in the last quarter, including Los Angeles Capital Management LLC, Tobam, Northern Trust Corp, Bank of New York Mellon Corp, Lazard Asset Management LLC, Allianz Asset Management GmbH, JPMorgan Chase & Co., and Lyrical Asset Management LP.
View insider buying and selling activity for Assurant or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Assurant's stock price today?

One share of AIZ stock can currently be purchased for approximately $181.62.

How much money does Assurant make?

Assurant has a market capitalization of $9.82 billion and generates $10.19 billion in revenue each year. The financial services provider earns $1.37 billion in net income (profit) each year or $22.879990 on an earnings per share basis.

How many employees does Assurant have?

Assurant employs 15,600 workers across the globe.

What is Assurant's official website?

The official website for Assurant is 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, via email at [email protected], or via fax at 212-859-5893.