Assurant Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Assurant stock.
View analyst ratings for Assurant or view top-rated stocks.

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Assurant saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 898,700 shares, an increase of 17.2% from the May 31st total of 766,600 shares. Based on an average daily volume of 338,100 shares, the short-interest ratio is currently 2.7 days. Currently, 1.5% of the shares of the stock are short sold.
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 will be holding an earnings conference call on Wednesday, August 4th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings results on Monday, May, 3rd. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, topping the Zacks' 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 4.52% and a trailing twelve-month return on equity of 8.78%. The company's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.43 earnings per share.
View Assurant's earnings history.

Assurant's stock was trading at $108.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AIZ shares have increased by 43.0% and is now trading at $155.02.
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Assurant declared a quarterly dividend on Friday, July 23rd. Stockholders of record on Monday, August 30th will be paid a dividend of $0.66 per share on Tuesday, September 21st. This represents a $2.64 dividend on an annualized basis and a yield of 1.70%.
View Assurant's dividend history.

Assurant pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.73%. 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 30.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Assurant will have a dividend payout ratio of 21.69% 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 has approved a share repurchase program on Thursday, May 13th 2021, which permits the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 9.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Assurant updated its FY 2021 earnings guidance on Tuesday, May, 25th. The company provided 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 -.

4 equities research analysts have issued 1 year target prices for Assurant's shares. Their forecasts range from $152.41 to $207.00. On average, they expect Assurant's share price to reach $181.24 in the next twelve months. This suggests a possible upside of 16.9% 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 many different retail and institutional investors. Top institutional shareholders include Legacy Capital Partners Inc. (0.02%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.02%), Oregon Public Employees Retirement Fund (0.01%), New Mexico Educational Retirement Board (0.01%) and Hohimer Wealth Management LLC (0.00%). Company insiders that own Assurant stock include Charles John Koch, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II, Michael P Campbell, Robert Lonergan 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 Legacy Capital Partners Inc., and Oregon Public Employees Retirement Fund. Company insiders that have sold Assurant company stock in the last year include Francesca Luthi, Gene Mergelmeyer, and Robert Lonergan.
View insider buying and selling activity for Assurant or view top insider-selling stocks.

AIZ stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Hohimer Wealth Management LLC, State of Alaska Department of Revenue, and New Mexico Educational Retirement Board.
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 $155.02.

Assurant has a market capitalization of $9.39 billion and generates $10.09 billion in revenue each year. The financial services provider earns $441.80 million in net income (profit) each year or $8.63 on an earnings per share basis.

Assurant employs 14,100 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]