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.
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Industry, Sector and Symbol
Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Phone212-859-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$8.06 billion
Profitability
Miscellaneous
Employees14,750
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
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 declared 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 1.92%. 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 announced that its board has approved a share repurchase program on Monday, November 5th 2018, which allows the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 9.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.
How were Assurant's earnings last quarter?
Assurant, Inc. (NYSE:AIZ) announced its earnings results on Tuesday, August, 6th. The financial services provider reported $2.34 EPS for the quarter, beating the Thomson Reuters' 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 return on equity of 7.58% and a net margin of 4.00%. The company's quarterly revenue was up 39.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.13 earnings per share. View Assurant's Earnings History.
When is Assurant's next earnings date?
What price target have analysts set for AIZ?
2 Wall Street analysts have issued 12-month price targets 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 12.9% 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 headlines about AIZ stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Assurant earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact 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?
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 a variety of of retail and institutional 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 major 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 major investors are buying Assurant stock?
AIZ stock was bought 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 $125.31.
How big of a company is Assurant?
Assurant has a market capitalization of $7.66 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?
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)
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.
