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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NYSE:AIZ

Assurant - AIZ Stock Forecast, Price & News

$132.59
+2.04 (+1.56%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$130.21
$132.69
50-Day Range
$122.05
$132.59
52-Week Range
$119.01
$194.12
Volume
534,279 shs
Average Volume
378,972 shs
Market Capitalization
$7.00 billion
P/E Ratio
22.78
Dividend Yield
2.15%
Price Target
$154.75

Assurant MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
16.7% Upside
$154.75 Price Target
Short Interest
Healthy
1.91% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.47mentions of Assurant in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.56%
From $10.48 to $12.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Finance Sector

72nd out of 897 stocks

Insurance Carriers, Not Elsewhere Classified Industry

1st out of 4 stocks


AIZ stock logo

About Assurant (NYSE:AIZ) Stock

Assurant, Inc. is a global provider of lifestyle and housing solutions that support, protect, and connect major consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection and related services, and credit protection and other insurance products. The Global Housing segment offers lender-placed homeowners' insurance, lender-placed manufactured housing insurance and lender-placed flood insurance, renters' insurance and related products, and voluntary manufactured housing insurance, voluntary homeowners' insurance and other specialty products. The Corporate and Other segment includes corporate employee-related expenses and activities of the holding company. The company roots back to 1892 and is headquartered in New York, NY.

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AIZ Stock News Headlines

Reviewing Assurant (NYSE:AIZ) & Brookfield Reinsurance (NYSE:BNRE)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
New Strong Sell Stocks for November 28th
Assurant Third Quarter 2022 Earnings: Misses Expectations
Assurant (AIZ) Q3 Earnings Beat Estimates
Assurant Reports Third Quarter 2022 Financial Results
Assurant Shares Are Nosediving Today: Here's Why
Here's What to Expect From Assurant (AIZ) in Q3 Earnings
See More Headlines
Receive AIZ Stock News and Ratings via Email

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AIZ Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/19 Dividend
11/25/2022
Dividend Payable
12/19/2022
Today
1/31/2023
Next Earnings (Confirmed)
2/07/2023
Ex-Dividend for 3/20 Dividend
2/24/2023
Dividend Payable
3/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Insurance carriers, not elsewhere classified
Sub-Industry
Multi-line Insurance
Sector
Finance
CUSIP
04621X10
Employees
15,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$154.75
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$133.00
Forecasted Upside/Downside
+16.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$1.37 billion
Pretax Margin
4.07%

Debt

Sales & Book Value

Annual Sales
$10.19 billion
Cash Flow
$15.07 per share
Book Value
$96.35 per share

Miscellaneous

Free Float
52,625,000
Market Cap
$7.00 billion
Optionable
Optionable
Beta
0.50

Key Executives

  • Keith Warner Demmings
    President, Chief Executive Officer & Director
  • Keith Roland Meier
    Chief Operating Officer & Executive Vice President
  • Richard Steven Dziadzio
    Chief Financial Officer, Treasurer & Executive VP
  • Joseph A. Surber
    Chief Technology Officer & Senior Vice President
  • John Pawloski
    Chief Compliance Officer & Senior Vice President













AIZ Stock - Frequently Asked Questions

Should I buy or sell Assurant stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIZ, but not buy additional shares or sell existing shares.
View AIZ analyst ratings
or view top-rated stocks.

What is Assurant's stock price forecast for 2023?

3 Wall Street research analysts have issued 1 year price targets for Assurant's shares. Their AIZ share price forecasts range from $133.00 to $170.00. On average, they predict the company's share price to reach $154.75 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for AIZ
or view top-rated stocks among Wall Street analysts.

How have AIZ shares performed in 2023?

Assurant's stock was trading at $125.06 at the beginning of the year. Since then, AIZ stock has increased by 6.0% and is now trading at $132.59.
View the best growth stocks for 2023 here
.

Are investors shorting Assurant?

Assurant saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,000,000 shares, an increase of 6.8% from the December 31st total of 936,000 shares. Based on an average daily trading volume, of 576,700 shares, the short-interest ratio is currently 1.7 days. Approximately 1.9% of the company's shares are short sold.
View Assurant's Short Interest
.

When is Assurant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our AIZ earnings forecast
.

How can I listen to Assurant's earnings call?

Assurant will be holding an earnings conference call on Wednesday, February 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) posted its quarterly earnings results on Tuesday, November, 2nd. The financial services provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.90 by $0.49. The financial services provider earned $2.53 billion during the quarter, compared to analysts' expectations of $2.49 billion. Assurant had a trailing twelve-month return on equity of 12.00% and a net margin of 3.25%. During the same period in the prior year, the business posted $1.41 EPS.
Read the conference call transcript
.

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

Assurant announced a quarterly dividend on Thursday, January 19th. Investors of record on Monday, February 27th will be given a dividend of $0.70 per share on Monday, March 20th. This represents a $2.80 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, February 24th.
Read our dividend analysis for AIZ
.

Is Assurant a good dividend stock?

Assurant (NYSE:AIZ) pays an annual dividend of $2.80 per share and currently has a dividend yield of 2.15%. The company 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 is 48.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIZ will have a dividend payout ratio of 22.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIZ.

How will Assurant's stock buyback program work?

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

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

400 employees have rated Assurant Chief Executive Officer Alan Colberg on Glassdoor.com. Alan Colberg has an approval rating of 84% among the company's employees. 65.0% of employees surveyed would recommend working at Assurant to a friend.

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 a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.45%), Mountain Pacific Investment Advisers Inc. ID (0.35%), Wedge Capital Management L L P NC (0.28%), Calamos Advisors LLC (0.23%), New York State Teachers Retirement System (0.13%) and New York State Common Retirement Fund (0.13%). Insiders that own company stock include Alan B Colberg, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II and Robert Lonergan.
View institutional ownership trends
.

How do I buy shares of Assurant?

Shares of AIZ stock 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 $132.59.

How much money does Assurant make?

Assurant (NYSE:AIZ) has a market capitalization of $7.00 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 $5.82 on an earnings per share basis.

How many employees does Assurant have?

The company employs 15,600 workers across the globe.

How can I contact Assurant?

Assurant's mailing address is 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005. The official website for the company is www.assurant.com. The financial services provider can be reached via phone at (212) 859-7000, via email at investor.relations@assurant.com, or via fax at 212-859-5893.

This page (NYSE:AIZ) was last updated on 2/1/2023 by MarketBeat.com Staff