NYSE:AIZ - Assurant Stock Price, News & Analysis

$126.94
+1.34 (+1.07 %)
(As of 09/17/2019 03:50 PM ET)
Today's Range
$125.50
Now: $126.94
$127.10
50-Day Range
$108.87
MA: $120.46
$125.25
52-Week Range
$82.31
Now: $126.94
$126.48
Volume392,766 shs
Average Volume486,551 shs
Market Capitalization$7.76 billion
P/E Ratio21.89
Dividend Yield1.92%
Beta0.49
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. Read More…

Industry, Sector and Symbol

Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP04621X10
Phone212-859-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.06 billion
Cash Flow$6.7991 per share
Book Value$82.69 per share

Profitability

Net Income$251 million

Miscellaneous

Employees14,750
Market Cap$7.76 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Friday, July 19th. Stockholders of record on Monday, August 26th will be paid a dividend of $0.60 per share on Monday, September 16th. This represents a $2.40 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, August 23rd. View Assurant's Dividend History.

How will Assurant's stock buyback program work?

Assurant declared that its Board of Directors has approved a share repurchase program on Monday, November 5th 2018, which authorizes the company to repurchase $600,000,000.00 in 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 programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) released its quarterly earnings results on Tuesday, August, 6th. The financial services provider reported $2.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.13 by $0.21. The financial services provider had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.35 billion. Assurant had a net margin of 4.00% and a return on equity of 7.58%. The firm's revenue was up 39.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.13 earnings per share. View Assurant's Earnings History.

When is Assurant's next earnings date?

Assurant is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Assurant.

What price target have analysts set for AIZ?

2 equities research analysts have issued 12 month target prices for Assurant's shares. Their predictions range from $130.00 to $153.00. On average, they expect Assurant's share price to reach $141.50 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Assurant.

What is the consensus analysts' recommendation for Assurant?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Assurant.

Has Assurant been receiving favorable news coverage?

News coverage about AIZ stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Assurant earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Assurant.

Who are some of Assurant's key 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), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Allergan (AGN), Workday (WDAY) and Zoetis (ZTS).

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 Vanguard Group Inc. (11.52%), Price T Rowe Associates Inc. MD (9.59%), BlackRock Inc. (6.76%), BlackRock Inc. (6.76%), Bank of New York Mellon Corp (3.29%) and Lyrical Asset Management LP (3.03%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell and Tpg Advisors Vi-Aiv, Inc. 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 Balyasny Asset Management LLC, Invesco Ltd., Bessemer Group Inc., Strycker View Capital LLC, Vanguard Group Inc., Pentwater Capital Management LP, Janus Henderson Group PLC and Janus Henderson Group PLC. Company insiders that have sold Assurant company stock in the last year include Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell and Tpg Advisors Vi-Aiv, Inc. View Insider Buying and Selling for Assurant.

Which institutional investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Eaton Vance Management, Viking Global Investors LP and AQR Capital Management 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 $126.94.

How big of a company is Assurant?

Assurant has a market capitalization of $7.76 billion and generates $8.06 billion in revenue each year. The financial services provider earns $251 million in net income (profit) each year or $5.80 on an earnings per share basis. Assurant employs 14,750 workers across the globe.View Additional Information About Assurant.

What is Assurant's official website?

The official website for Assurant is http://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 or via email at [email protected]


MarketBeat Community Rating for Assurant (NYSE AIZ)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  333 (Vote Underperform)
Total Votes:  526
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.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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