Assurant Company Profile (NYSE:AIZ)

About Assurant (NYSE:AIZ)

Assurant, Inc. is a provider of risk management solutions in the housing and lifestyle markets. The Company operates in North America, Latin America, Europe and Asia. The Company's segments include Global Housing, Global Lifestyle and Global Preneed. Through its Global Housing segment, it provides lender-placed homeowners, manufactured housing and flood insurance; renters insurance and related products (multi-family housing business), and field services, valuation services and other property risk management services (mortgage solutions business). Through its Global Lifestyle segment, it provides mobile device protection products and related services and extended service products and related services for consumer electronics and appliances (global connected living business); vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. Its Global Preneed Segment operates in the United States and Canada.

Industry, Sector and Symbol:

Sector: Finance
Industry: Multiline Insurance & Brokers
Sub-Industry: Multi-line Insurance
Symbol: NYSE:AIZ
CUSIP: 04621X10
Web: www.assurant.com

Capitalization:

Market Cap: $5.44252 billion
Outstanding Shares: 53,886,000

Average Prices:

50 Day Moving Avg: $94.82
200 Day Moving Avg: $99.46
52 Week Range: $78.50 - $106.99

P/E:

Trailing P/E Ratio: 13.13
Foreward P/E Ratio: 14.25
P/E Growth: 1.40

Sales & Book Value:

Annual Revenue: $6.74 billion
Price / Sales: 0.80
Book Value: $78.14 per share
Price / Book: 1.28

Dividend:

Annual Dividend: $2.12
Dividend Yield: 2.1%

Profitability:

EBITDA: $864.39 million
Net Margins: 6.53%
Return on Equity: 6.70%
Return on Assets: 0.95%

Debt:

Debt-to-Equity Ratio: 0.27%
Current Ratio: 0.51%
Quick Ratio: 0.51%

Misc:

Average Volume: 401,618 shs.
Beta: 0.79
Short Ratio: 2.56

Frequently Asked Questions for Assurant (NYSE:AIZ)

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 Monday, August 7th. Investors of record on Monday, August 28th will be paid a dividend of $0.53 per share on Tuesday, September 19th. This represents a $2.12 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $1.63 earnings per share for the quarter, beating analysts' consensus estimates of $1.58 by $0.05. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. Assurant had a return on equity of 6.70% and a net margin of 6.53%. The company's revenue for the quarter was down 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.42 earnings per share. View Assurant's Earnings History.

When will Assurant make its next earnings announcement?

Assurant is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Assurant.

Where is Assurant's stock going? Where will Assurant's stock price be in 2017?

2 brokerages have issued 12-month price objectives for Assurant's stock. Their predictions range from $115.00 to $115.00. On average, they expect Assurant's share price to reach $115.00 in the next year. View Analyst Ratings for Assurant.

Who are some of Assurant's key competitors?

Some companies that are related to Assurant include Brighthouse Financial (BHF), American National Insurance Company (ANAT), Kemper Corporation (KMPR), Beazley PLC (BEZ), National General Holdings Corp (NGHC), Crawford & Company (CRD.B), Novae Group Plc (NVA), Charles Taylor PLC (CTR), Patriot National (PN), Brighthouse Financial (BHF) and Brit Ltd (BRIT).

Who are Assurant's key executives?

Assurant's management team includes the folowing people:

Richard S. Dziadzio, Chief Financial Officer, Executive Vice President, Treasurer
Gene E. Mergelmeyer, Chief Operating Officer, Executive Vice President
Robyn Price Stonehill, Chief Human Resource Officer, Executive Vice President
Ajay Waghray, Executive Vice President, Chief Technology Officer
Bart R. Schwartz, Executive Vice President, Chief Legal Officer, Secretary
Daniel A. Pacicco, Senior Vice President, Chief Accounting Officer, Controller
Doris Vigo, Senior Vice President, Chief Compliance Officer
Gregory DeChurch, Deputy General Counsel
Alan B. Colberg, President, Chief Executive Officer, Director
Elaine D. Rosen, Independent Non-Executive Chairman of the Board

Who owns Assurant stock?

Assurant's stock is owned by many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.84%), PGGM Investments (0.35%), Assenagon Asset Management S.A. (0.33%), Robeco Institutional Asset Management B.V. (0.23%), State Treasurer State of Michigan (0.03%) and Quotient Investors LLC (0.02%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer, John Andrew Sondej and Robert W Stein. View Institutional Ownership Trends for Assurant.

Who sold Assurant stock? Who is selling Assurant stock?

Assurant's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Meeder Asset Management Inc., Quotient Investors LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. View Insider Buying and Selling for Assurant.

Who bought Assurant stock? Who is buying Assurant stock?

Assurant's stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., PGGM Investments, Robeco Institutional Asset Management B.V., Shell Asset Management Co. and Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Assurant.

How do I buy Assurant stock?

Shares of Assurant can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Assurant's stock price today?

One share of Assurant stock can currently be purchased for approximately $99.89.

MarketBeat Community Rating for Assurant (NYSE AIZ)

Community Ranking:		1.3 out of 5 ()
Outperform Votes:		74 (Vote Outperform)
Underperform Votes:		219 (Vote Underperform)
Total Votes:		293

MarketBeat's community ratings are surveys of what our community members think about Assurant and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Assurant (NYSE:AIZ) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Sell Rating, 1 Buy Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$115.00 (15.13% upside)

Consensus Price Target History for Assurant (NYSE:AIZ)

Analysts' Ratings History for Assurant (NYSE:AIZ)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/12/2017	SunTrust Banks, Inc.	Reiterated Rating	Buy	$115.00	N/A
1/9/2017	Bank of America Corporation	Downgrade	Neutral -> Underperform		N/A
10/7/2016	Credit Suisse Group	Initiated Coverage	Neutral	$93.00	N/A
8/23/2016	DOWLING & PARTN	Reiterated Rating	Neutral		N/A
7/17/2016	Goldman Sachs Group Inc	Downgrade	Buy	$95.00	N/A
7/6/2016	J P Morgan Chase & Co	Reiterated Rating	Hold	$77.00	N/A
2/10/2016	Piper Jaffray Companies	Lower Price Target	Neutral	$84.00 -> $80.00	N/A

(Data available from 10/21/2015 forward)

Earnings History for Assurant (NYSE:AIZ)

Earnings by Quarter for Assurant (NYSE:AIZ)

Earnings History by Quarter for Assurant (NYSE AIZ)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2017							N/A
8/1/2017	Q2 2017	$1.58	$1.63	$1.57 billion	$1.60 billion	View	Listen
5/2/2017	Q1 2017	$1.51	$1.87	$1.62 billion	$1.51 billion	View	Listen
2/7/2017	Q416	$0.29	$0.46	$1.82 billion	$1.75 billion	View	Listen
10/25/2016	Q316	$0.98	$1.00	$1.74 billion	$1.83 billion	View	N/A
7/26/2016	Q216	$1.46	$1.42	$1.71 billion	$1.80 billion	View	N/A
4/26/2016	Q116	$1.23	$1.52	$1.85 billion	$2.15 billion	View	N/A
2/9/2016	Q415	$1.54	$0.97	$2.00 billion	$2.55 billion	View	N/A
10/27/2015	Q315	$1.56	$1.71	$2.03 billion	$2.53 billion	View	Listen
7/28/2015	Q215	$1.59	$2.07	$2.06 billion	$2.64 billion	View	Listen
5/5/2015	Q115	$0.63	$0.63	$2.56 billion	$2.60 billion	View	N/A
2/12/2015	Q414	$1.66	$0.87	$2.58 billion	$2.62 billion	View	N/A
10/29/2014	Q314	$1.58	$1.82	$2.53 billion	$2.70 billion	View	N/A
7/23/2014	Q214	$1.53	$1.62	$2.40 billion	$2.61 billion	View	N/A
4/23/2014	Q114	$1.56	$1.68	$2.36 billion	$2.45 billion	View	N/A
2/4/2014	Q413	$1.41	$1.46	$2.22 billion	$2.40 billion	View	N/A
10/23/2013	Q313	$1.48	$1.71	$2.21 billion	$2.26 billion	View	N/A
7/24/2013	Q2 2013	$1.42	$1.53	$2.11 billion	$2.24 billion	View	N/A
4/24/2013	Q1 2013	$1.54	$1.46	$2.10 billion	$2.15 billion	View	N/A
2/6/2013	Q4 2012	($0.28)	$0.31	$2.10 billion	$2.16 billion	View	N/A
10/24/2012		$1.37	$1.55			View	N/A
7/25/2012		$1.39	$1.81			View	N/A
4/25/2012		$1.43	$1.81			View	N/A
2/1/2012		$1.36	$1.73			View	N/A
10/26/2011		$0.82	$0.79			View	N/A
7/27/2011		$0.92	$1.68			View	N/A
4/27/2011		$1.22	$1.37			View	N/A
2/2/2011		$0.98	$1.08			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Assurant (NYSE:AIZ)

2017 EPS Consensus Estimate: $5.54
2018 EPS Consensus Estimate: $7.38

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$1.49	$1.60	$1.53
Q2 2017	2	$1.56	$1.69	$1.63
Q3 2017	3	($1.76)	$1.81	$0.58
Q4 2017	3	$1.72	$1.95	$1.80
Q1 2018	2	$1.85	$1.85	$1.85
Q2 2018	2	$1.87	$1.91	$1.89
Q3 2018	2	$1.43	$1.96	$1.70
Q4 2018	2	$1.89	$1.99	$1.94

(Data provided by Zacks Investment Research)

Current Dividend Information for Assurant (NYSE:AIZ)

Most Recent Dividend:	9/19/2017
Annual Dividend:	$2.12
Dividend Yield:	2.12%
Dividend Growth:	28.40% (3 Year Average)
Payout Ratio:	27.89% (Trailing 12 Months of Earnings) 61.10% (Based on This Year's Estimates) 30.24% (Based on Next Year's Estimates)
Track Record:	13 Years of Consecutive Dividend Growth

Dividend Payments by Quarter for Assurant (NYSE:AIZ)

Dividend History by Quarter for Assurant (NYSE AIZ)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/7/2017	quarterly	$0.53	2.02%	8/24/2017	8/28/2017	9/19/2017
5/12/2017	quarterly	$0.53	2.07%	5/25/2017	5/30/2017	6/20/2017
1/13/2017	quarterly	$0.53	2.24%	2/23/2017	2/27/2017	3/20/2017
11/14/2016	quarterly	$0.53	2.47%	11/23/2016	11/28/2016	12/12/2016
7/7/2016	quarterly	$0.50	2.31%	8/25/2016	8/29/2016	9/13/2016
5/13/2016	quarterly	$0.50	2.29%	5/26/2016	5/31/2016	6/14/2016
1/15/2016	quarterly	$0.50	2.55%	2/25/2016	2/29/2016	3/14/2016
9/10/2015	quarterly	$0.50	2.65%	11/25/2015	11/30/2015	12/14/2015
7/8/2015	quarterly	$0.30	1.74%	8/27/2015	8/31/2015	9/15/2015
5/8/2015	quarterly	$0.30	1.85%	5/21/2015	5/26/2015	6/9/2015
1/9/2015	quarterly	$0.27	1.64%	2/19/2015	2/23/2015	3/9/2015
11/14/2014	quarterly	$0.27	1.59%	11/26/2014	12/1/2014	12/15/2014
7/10/2014	quarterly	$0.27	1.64%	8/21/2014	8/25/2014	9/9/2014
5/9/2014	quarterly	$0.27	1.58%	5/22/2014	5/27/2014	6/10/2014
1/10/2014	quarterly	$0.25	1.5%	2/20/2014	2/24/2014	3/10/2014
11/15/2013	quarterly	$0.25	1.62%	11/21/2013	11/25/2013	12/10/2013
7/11/2013	quarterly	$0.25	1.88%	8/22/2013	8/26/2013	9/10/2013
5/10/2013	quarterly	$0.25	2.09%	5/23/2013	5/28/2013	6/11/2013
1/11/2013	quarterly	$0.21	2.28%	2/21/2013	2/5/2013	3/11/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Assurant (NYSE:AIZ)

Insider Ownership Percentage: 0.83%
Institutional Ownership Percentage: 90.77%

Institutional Ownership by Quarter for Assurant (NYSE:AIZ)

Insider Trades by Quarter for Assurant (NYSE:AIZ)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/15/2017	Christopher J Pagano	EVP	Sell	7,000	$102.94	$720,580.00
5/31/2017	Christopher J. Pagano	EVP	Sell	2,000	$97.75	$195,500.00
3/13/2017	Christopher J Pagano	EVP	Sell	6,000	$99.53	$597,180.00
9/12/2016	Christopher J Pagano	EVP	Sell	6,000	$89.76	$538,560.00
8/18/2016	John Andrew Sondej	SVP	Sell	5,000	$86.04	$430,200.00
8/4/2016	Robert W. Stein	Director	Sell	2,500	$84.01	$210,025.00
6/16/2016	Christopher J Pagano	CFO	Sell	5,000	$84.47	$422,350.00
3/11/2016	Christopher J Pagano	CFO	Sell	2,000	$77.46	$154,920.00
12/22/2015	Christopher J. Pagano	CFO	Sell	2,500	$80.05	$200,125.00
12/11/2015	Christopher J. Pagano	CFO	Sell	2,000	$82.78	$165,560.00
11/24/2015	Gene Mergelmeyer	CEO	Sell	10,000	$85.28	$852,800.00
9/11/2015	Christopher J Pagano	CFO	Sell	2,000	$76.57	$153,140.00
12/1/2014	Christopher J Pagano	CFO	Sell	1,250	$67.40	$84,250.00
9/2/2014	Christopher J Pagano	CFO	Sell	1,250	$66.91	$83,637.50
6/6/2014	Adam Lamnin	CEO	Sell	21,626	$69.38	$1,500,411.88
6/2/2014	Christopher J Pagano	EVP	Sell	1,250	$68.10	$85,125.00
5/30/2014	John S Roberts	CEO	Sell	10,000	$67.89	$678,900.00
5/14/2014	Gene Mergelmeyer	Insider	Sell	30,000	$67.64	$2,029,200.00
3/3/2014	Adam Lamnin	CEO	Sell	20,000	$65.07	$1,301,400.00
3/3/2014	Christopher Pagano	EVP	Sell	1,250	$65.10	$81,375.00
11/11/2013	Jean Paul Montupet	Director	Buy	1,700	$59.83	$101,711.00
9/3/2013	Christopher Pagano	EVP	Sell	1,250	$53.76	$67,200.00
8/2/2013	Bart Schwartz	Insider	Sell	20,000	$54.70	$1,094,000.00
5/30/2013	Christopher J Pagano	EVP	Sell	1,500	$50.56	$75,840.00

(Data available from 1/1/2013 forward)

Headline Trends for Assurant (NYSE:AIZ) Latest Headlines for Assurant (NYSE:AIZ)

Source:

Date	Headline
	Corporate News Blog - Assurant Expands Its Global Presence with Acquisition of Warranty Group finance.yahoo.com - October 20 at 5:30 PM
	Assurant Grows Solid in Lifestyle Market With Warranty Group finance.yahoo.com - October 20 at 5:30 PM
	Assurant to buy Warranty Group in $2.5 billion deal www.reuters.com - October 19 at 9:20 PM
	Assurant Reaches Analyst Target Price www.nasdaq.com - October 19 at 4:17 PM
	Assurant, Inc. breached its 50 day moving average in a Bullish Manner : AIZ-US : October 19, 2017 finance.yahoo.com - October 19 at 4:17 PM
	Assurant and Nielsen Holdings Rose on October 18 finance.yahoo.com - October 19 at 4:17 PM
	Assurant enters Asia-Pacific with $1.9 billion Warranty Group deal - Reuters www.reuters.com - October 18 at 9:54 PM
	Assurant to buy Warranty Group in $2.5 billion deal - Reuters www.reuters.com - October 18 at 4:54 PM
	AM Best Comments on Credit Ratings of Assurant, Inc. and Its Subsidiaries - Business Wire (press release) www.businesswire.com - October 18 at 4:54 PM
	US insurer Assurant to buy Warranty Group for $1.9 billion - Reuters www.reuters.com - October 18 at 4:54 PM
	Assurant to buy Warranty Group in a $2.5 billion deal, including debt - MarketWatch www.marketwatch.com - October 18 at 4:54 PM
	Recent AIZ News www.bloomberg.com - October 18 at 4:53 PM
	BRIEF-Assurant to acquire the Warranty Group in transaction valued at $2.5 billion www.reuters.com - October 18 at 4:53 PM
	Assurant To Buy Warranty Group For $2.5 Bln Enterprise Value - Quick Facts www.nasdaq.com - October 18 at 4:53 PM
	Assurant to buy Warranty Group in $2.5 bln deal finance.yahoo.com - October 18 at 4:53 PM
	Assurant to buy Warranty Group in a $2.5 billion deal, including debt finance.yahoo.com - October 18 at 4:53 PM
	[$$] Assurant to Buy Warranty Group for $1.9 Billion finance.yahoo.com - October 18 at 4:53 PM
	Assurant enters Asia-Pacific with $1.9 bln Warranty Group deal finance.yahoo.com - October 18 at 4:53 PM
	A.M. Best Comments on Credit Ratings of Assurant, Inc. and Its Subsidiaries finance.yahoo.com - October 18 at 4:53 PM
	A.M. Best Places Credit Ratings of The Warranty Group, Inc.’s Insurance Subsidiaries Under Review with Various Implications finance.yahoo.com - October 18 at 4:53 PM
	Assurant to buy Warranty Group in $2.5B deal seekingalpha.com - October 18 at 10:58 AM
	Q3 2017 Earnings Estimate for Assurant, Inc. Issued By SunTrust Banks (AIZ) www.americanbankingnews.com - October 13 at 6:46 AM
	Assurant, Inc. (AIZ) Rating Reiterated by SunTrust Banks, Inc. www.americanbankingnews.com - October 12 at 7:00 PM
	Markel Projects $503M Q3 Cat Loss from Hurricanes, Tremors finance.yahoo.com - October 12 at 4:33 PM
	Head-To-Head Contrast: Assurant (AIZ) versus Brighthouse Financial (BHF) www.americanbankingnews.com - October 12 at 12:56 PM
	Assurant, Inc. (AIZ) to Post Q4 2017 Earnings of $1.72 Per Share, SunTrust Banks Forecasts www.americanbankingnews.com - October 12 at 10:47 AM
	The Navigators Group Counts Cat Loss Estimates, Shares Slip www.zacks.com - October 11 at 5:17 PM
	WR Berkley Estimates to Incur $110M Catastrophe Losses - Nasdaq www.nasdaq.com - October 9 at 4:45 PM
	Assurant to Announce 2017 Third Quarter Financial Results - Business Wire (press release) www.businesswire.com - October 9 at 4:45 PM
	Assurant to Announce 2017 Third Quarter Financial Results finance.yahoo.com - October 9 at 4:45 PM
	Analyzing Brighthouse Financial (BHF) & Assurant (AIZ) www.americanbankingnews.com - October 8 at 8:08 PM
	RenaissanceRe to Incur $625M Weather-Related Loss in Q3 www.nasdaq.com - October 6 at 3:57 PM
	$1.60 Billion in Sales Expected for Assurant, Inc. (AIZ) This Quarter www.americanbankingnews.com - October 5 at 12:58 PM
	American Financial (AFG) Provides Q3 Cat Loss Estimates finance.yahoo.com - October 4 at 2:48 PM
	Chubb Counts Losses from Hurricane Maria, Mexican Tremors www.zacks.com - October 3 at 3:23 PM
	United Insurance (UIHC) Keeps a Count of Q3 Catastrophe Loss www.zacks.com - September 27 at 8:13 PM
	Allstate Estimates August Cat Loss, Climate Woes Hurt - Nasdaq www.nasdaq.com - September 23 at 1:52 AM
	Assurant, Inc. : AIZ-US: Dividend Analysis : August 28th, 2017 (record date) : By the numbers : September 21, 2017 finance.yahoo.com - September 22 at 2:52 PM
	Catastrophes Rock Q3 Underwriting: Insurance Stocks in Focus - Nasdaq www.nasdaq.com - September 20 at 8:35 PM
	Critical Comparison: Assurant (AIZ) versus BRIGHTHOUSE FIN (BHF) www.americanbankingnews.com - September 17 at 10:48 PM
	$1.61 Billion in Sales Expected for Assurant, Inc. (AIZ) This Quarter www.americanbankingnews.com - September 16 at 10:00 AM
	3 Value Stocks for Growth Investors from the Insurance Industry - Nasdaq www.nasdaq.com - September 14 at 9:19 PM
	Does Assurant Inc’s (AIZ) PE Ratio Signal A Buying Opportunity? finance.yahoo.com - September 13 at 4:51 PM
	Insurers on the hook for Harvey and Irma could signal end to bond market's recent rally - MarketWatch www.marketwatch.com - September 12 at 8:57 PM
	Assurant (AIZ) Estimates Catastrophe Loss from Harvey, Irma - Nasdaq www.nasdaq.com - September 12 at 3:54 PM
	Assurant (AIZ) Estimates Catastrophe Loss from Harvey, Irma finance.yahoo.com - September 12 at 3:54 PM
	ETFs with exposure to Assurant, Inc. : September 12, 2017 finance.yahoo.com - September 11 at 9:33 PM
	Assurant Shares Preliminary Loss Estimates for Hurricanes Harvey and Irma finance.yahoo.com - September 11 at 4:31 PM
	Assurant sees Hurricane Irma losses covered by reinsurance program finance.yahoo.com - September 11 at 4:31 PM
	Assurant sees Hurricane Irma losses covered by reinsurance program finance.yahoo.com - September 11 at 4:31 PM