NYSE:AIZ

Assurant Stock Forecast, Price & News

$158.04
+0.78 (+0.50 %)
(As of 08/3/2021 12:00 AM ET)
Add
Compare
Today's Range
$155.82
$159.50
50-Day Range
$150.87
$163.45
52-Week Range
$106.49
$163.84
Volume405,209 shs
Average Volume408,246 shs
Market Capitalization$9.57 billion
P/E Ratio22.26
Dividend Yield1.67%
Beta0.65
30 days | 90 days | 365 days | Advanced Chart
Receive AIZ News and Ratings via Email

Sign-up to receive the latest news and ratings for Assurant and its competitors with MarketBeat's FREE daily newsletter.


Assurant logo

About Assurant

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. 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 provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The Global Preneed segment offers pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

3.23 out of 5 stars

Finance Sector

6th out of 1,320 stocks

Insurance Carriers, Not Elsewhere Classified Industry

1st out of 3 stocks

Analyst Opinion: 2.5Community Rank: 3.9Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Assurant (NYSE:AIZ) Frequently Asked Questions

Is Assurant a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 4 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.

What stocks does MarketBeat like better than Assurant?

Wall Street analysts have given Assurant a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Assurant wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Assurant?

Assurant saw a increase in short interest in 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 trading volume, of 338,100 shares, the short-interest ratio is presently 2.7 days. Currently, 1.5% of the shares of the stock 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 3rd 2021.
View our earnings forecast for Assurant
.

How can I listen to Assurant's earnings call?

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.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings results on Monday, May, 3rd. The financial services provider reported $2.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.96 by $0.51. The financial services provider earned $2.43 billion during the quarter, compared to analyst estimates of $2.18 billion. Assurant had a trailing twelve-month return on equity of 8.78% and a net margin of 4.52%. The business's quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $2.43 EPS.
View Assurant's earnings history
.

How has Assurant's stock been impacted by Coronavirus (COVID-19)?

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. Since then, AIZ shares have increased by 45.8% and is now trading at $158.04.
View which stocks have been most impacted by COVID-19
.

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

Assurant announced a quarterly dividend on Friday, July 23rd. Investors of record on Monday, August 30th will be given a dividend of $0.66 per share on Tuesday, September 21st. This represents a $2.64 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Friday, August 27th.
View Assurant's dividend history
.

Is Assurant a good dividend stock?

Assurant pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.67%. 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 21.76% 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 authorized a share repurchase program on Thursday, May 13th 2021, which authorizes the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 9.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

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

Assurant updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share (EPS) guidance of $10.868-$11.263 for the period. The company issued revenue guidance of -.

What price target have analysts set for AIZ?

4 analysts have issued 1 year price objectives for Assurant's shares. Their forecasts range from $152.41 to $207.00. On average, they expect Assurant's stock price to reach $181.24 in the next year. This suggests a possible upside of 14.7% 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. Alan B. Colberg, CEO & Director (Age 59, Pay $3.96M)
  • Mr. Keith Warner Demmings, Pres (Age 48, Pay $1.3M)
  • Mr. Richard Steven Dziadzio, Exec. VP & CFO (Age 57, Pay $1.68M)
  • Mr. Gene Edward Mergelmeyer, Exec. VP & COO (Age 62, Pay $2.07M)
  • Ms. Francesca Luthi, Exec. VP & Chief Admin. Officer (Age 45, Pay $1.73M)
  • Mr. Vadim Lipovetsky, Chief Investment Officer
  • Mr. Dimitry DiRienzo, Sr. VP, Chief Accounting Officer & Controller (Age 45)
  • Mr. Joseph A. Surber III, Sr. VP & Global Technology Officer
  • Ms. Suzanne Shepherd, Sr. VP of Investor Relations
  • Mr. John Pawloski, Sr. VP & Chief Compliance Officer

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?

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 institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.60%), Hallmark Capital Management Inc. (0.22%), New York State Common Retirement Fund (0.18%), Calamos Advisors LLC (0.18%), Victory Capital Management Inc. (0.13%) and Alliancebernstein L.P. (0.13%). 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
.

Which major 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., Victory Capital Management Inc., Hallmark Capital Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Asset Management One Co. Ltd., Handelsbanken Fonder AB, Arizona State Retirement System, and Legacy Capital Partners Inc.. 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.

Which major investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Cookson Peirce & Co. Inc., New York State Common Retirement Fund, Calamos Advisors LLC, Unigestion Holding SA, IFM Investors Pty Ltd, Hohimer Wealth Management LLC, Heartland Bank & Trust Co, and PGGM Investments.
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 $158.04.

How much money does Assurant make?

Assurant has a market capitalization of $9.57 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.

How many employees does Assurant have?

Assurant employs 14,100 workers across the globe.

What is Assurant's official website?

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

Where are Assurant's headquarters?

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

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]


This page was last updated on 8/3/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.