NYSE:AIZ Assurant - AIZ Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Assurant, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $132.59 +2.04 (+1.56%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$130.21▼$132.6950-Day Range$122.05▼$132.5952-Week Range$119.01▼$194.12Volume534,279 shsAverage Volume378,972 shsMarket Capitalization$7.00 billionP/E Ratio22.78Dividend Yield2.15%Price Target$154.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Assurant MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside16.7% Upside$154.75 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment0.47Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth17.56%From $10.48 to $12.32 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector72nd out of 897 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 4 stocks 2.2 Analyst's Opinion Consensus RatingAssurant has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $154.75, Assurant has a forecasted upside of 16.7% from its current price of $132.59.Amount of Analyst CoverageAssurant has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.91% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently increased by 6.84%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 2.15%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAssurant has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Assurant is 48.11%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Assurant will have a dividend payout ratio of 22.73% next year. This indicates that Assurant will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAssurant has received a 36.11% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life annuities", "Home insurance services for individuals", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Assurant is -0.72. Previous Next 1.9 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Assurant this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for AIZ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Assurant insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.39% of the stock of Assurant is held by insiders.Percentage Held by Institutions95.86% of the stock of Assurant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Assurant are expected to grow by 17.56% in the coming year, from $10.48 to $12.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 22.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 22.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 189.79.Price to Earnings Growth RatioAssurant has a PEG Ratio of 0.83. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Assurant (NYSE:AIZ) StockAssurant, 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.Read More Receive AIZ Stock 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. Email Address AIZ Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comReviewing Assurant (NYSE:AIZ) & Brookfield Reinsurance (NYSE:BNRE)January 25, 2023 | finance.yahoo.comAssurant Partners with Altelium to Advance Battery Electric Vehicle Protection and Products Through Accelerated EV Battery Analytics & Consumer InsightsFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks 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.January 25, 2023 | americanbankingnews.comReviewing Brookfield Reinsurance (NYSE:BNRE) and Assurant (NYSE:AIZ)January 20, 2023 | finance.yahoo.comNew Assurant Vehicle Care Brings Enhanced Protection Products and a Comprehensive Digital Consumer ExperienceJanuary 19, 2023 | finance.yahoo.comAssurant Board of Directors Declares Quarterly Dividend of $0.70 per Common ShareJanuary 12, 2023 | finance.yahoo.comCPR Cell Phone Repair Ranked No. 1 In Entrepreneur Franchise 500 For Second Consecutive YearJanuary 12, 2023 | finance.yahoo.comGuidewire and Assurant Partner to Streamline Insurance Processes and Improve Customer ExperienceFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks 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.January 11, 2023 | finance.yahoo.comAssurant to Announce Fourth Quarter and Full Year 2022 Financial ResultsJanuary 10, 2023 | seekingalpha.comAssurant Is Trading At A Nearly 5-Year Low Valuation LevelDecember 19, 2022 | finance.yahoo.comDeclining Stock and Decent Financials: Is The Market Wrong About Assurant, Inc. (NYSE:AIZ)?December 14, 2022 | finance.yahoo.comAssurant Aims to Reduce Greenhouse Gas Emissions by 40 Percent by 2030December 1, 2022 | finance.yahoo.comWhy Is Assurant (AIZ) Down 2.1% Since Last Earnings Report?November 28, 2022 | finance.yahoo.comNew Strong Sell Stocks for November 28thNovember 20, 2022 | finance.yahoo.comFour Days Left Until Assurant, Inc. (NYSE:AIZ) Trades Ex-DividendNovember 15, 2022 | finance.yahoo.comU.S. Mobile Trade-In Programs Saw a 28% Year-on-Year Growth of Money Returned to Consumers in Q3November 14, 2022 | finance.yahoo.comAssurant (NYSE:AIZ) Is Paying Out A Larger Dividend Than Last YearNovember 14, 2022 | finance.yahoo.comAssurant Raises More Than $340,000 for United Way in Annual Global 5K RaceNovember 13, 2022 | finance.yahoo.com10 Best Dividend Stocks With Over 10 Years of Dividend IncreasesNovember 8, 2022 | finance.yahoo.comAssurant Third Quarter 2022 Earnings: Misses ExpectationsNovember 7, 2022 | finance.yahoo.comAssurant Expands Availability, Coverage of Assurant EV One Protection℠ Vehicle Service Contract as EV Ownership Grows in U.S.November 6, 2022 | finance.yahoo.comCrystal Ball Dividend Hikes: Companies That Look Poised to Raise This WeekNovember 1, 2022 | finance.yahoo.comAssurant (AIZ) Q3 Earnings Beat EstimatesNovember 1, 2022 | finance.yahoo.comAssurant Reports Third Quarter 2022 Financial ResultsOctober 26, 2022 | benzinga.comAssurant Shares Are Nosediving Today: Here's WhyOctober 26, 2022 | finance.yahoo.comHere's What to Expect From Assurant (AIZ) in Q3 EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AIZ Stock 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. Email Address AIZ Company Calendar Last Earnings11/02/2021Ex-Dividend for 12/19 Dividend11/25/2022Dividend Payable12/19/2022Today1/31/2023Next Earnings (Confirmed)2/07/2023Ex-Dividend for 3/20 Dividend2/24/2023Dividend Payable3/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Insurance carriers, not elsewhere classified Sub-IndustryMulti-line Insurance SectorFinance Current SymbolNYSE:AIZ CUSIP04621X10 CIK1267238 Webwww.assurant.com Phone(212) 859-7000Fax212-859-5893Employees15,600Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.82 Trailing P/E Ratio22.78 Forward P/E Ratio12.65 P/E Growth0.83Net Income$1.37 billion Net Margins3.25% Pretax Margin4.07% Return on Equity12.00% Return on Assets1.73% Debt Debt-to-Equity Ratio0.52 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$10.19 billion Price / Sales0.69 Cash Flow$15.07 per share Price / Cash Flow8.80 Book Value$96.35 per share Price / Book1.38Miscellaneous Outstanding Shares52,830,000Free Float52,625,000Market Cap$7.00 billion OptionableOptionable Beta0.50 Key ExecutivesKeith Warner DemmingsPresident, Chief Executive Officer & DirectorKeith Roland MeierChief Operating Officer & Executive Vice PresidentRichard Steven DziadzioChief Financial Officer, Treasurer & Executive VPJoseph A. SurberChief Technology Officer & Senior Vice PresidentJohn PawloskiChief Compliance Officer & Senior Vice PresidentKey CompetitorsProsperity BancsharesNYSE:PBFirst Industrial Realty TrustNYSE:FRStifel FinancialNYSE:SFBrixmor Property GroupNYSE:BRXVoya FinancialNYSE:VOYAView All CompetitorsInsiders & InstitutionsSumitomo Mitsui Trust Holdings Inc.Sold 18,453 shares on 1/30/2023Ownership: 0.449%New York State Common Retirement FundBought 703 shares on 1/30/2023Ownership: 0.127%Berger Financial Group IncBought 1,066 shares on 1/30/2023Ownership: 0.060%New York State Teachers Retirement SystemSold 4,592 shares on 1/27/2023Ownership: 0.133%M&G Investment Management Ltd.Sold 679 shares on 1/27/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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