NYSE:AIZ - Assurant Stock Price, Price Target & More

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$107.61 -0.37 (-0.34 %)
(As of 07/17/2018 01:13 PM ET)
Previous Close$108.34
Today's Range$107.08 - $108.34
52-Week Range$84.34 - $109.01
Volume25,235 shs
Average Volume1.10 million shs
Market Capitalization$5.69 billion
P/E Ratio27.07
Dividend Yield2.07%
Beta0.54
Assurant logoAssurant, 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; renters insurance and related products; and mortgage solutions comprising property inspection and preservation, valuation and title, and other property risk management services. The Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection services; and credit and other insurance services. Its Global Preneed segment provides pre-funded funeral insurance and annuity products. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
SymbolNYSE:AIZ
CUSIP04621X10
Phone212-859-7000

Debt

Debt-to-Equity Ratio0.45
Current Ratio0.62
Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio27.07
Forward P/E Ratio14.35
P/E Growth0.74

Sales & Book Value

Annual Sales$6.42 billion
Price / Sales0.88
Cash Flow$4.3905 per share
Price / Cash24.51
Book Value$81.41 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$3.98
Net Income$519.60 million
Net Margins7.41%
Return on Equity5.17%
Return on Assets0.70%

Miscellaneous

Employees14,750
Outstanding Shares52,690,000
Market Cap$5,691.57

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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 declared a quarterly dividend on Thursday, July 12th. Stockholders of record on Monday, August 27th will be given a dividend of $0.56 per share on Tuesday, September 18th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Friday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.25. The financial services provider had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.59 billion. Assurant had a net margin of 7.41% and a return on equity of 5.17%. Assurant's revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.88 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, August, 7th 2018. View Earnings Estimates for Assurant.

What price target have analysts set for AIZ?

4 brokers have issued 12 month price objectives for Assurant's stock. Their predictions range from $118.00 to $129.00. On average, they anticipate Assurant's share price to reach $123.25 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Ratings for Assurant.

What is the consensus analysts' recommendation for Assurant?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Are investors shorting Assurant?

Assurant saw a increase in short interest in May. As of May 31st, there was short interest totalling 2,062,833 shares, an increase of 48.4% from the May 15th total of 1,390,054 shares. Based on an average trading volume of 931,532 shares, the short-interest ratio is currently 2.2 days. Approximately 4.0% of the shares of the company are short sold. View Assurant's Current Options Chain.

Who are some of Assurant's key competitors?

Who are Assurant's key executives?

Assurant's management team includes the folowing people:
  • Mr. Alan B. Colberg, Pres, CEO & Director (Age 56)
  • Mr. Richard Steven Dziadzio, Exec. VP, CFO & Treasurer (Age 54)
  • Mr. Gene Edward Mergelmeyer, Exec. VP & COO (Age 59)
  • Mr. Ajay Waghray, Exec. VP & CTO (Age 56)
  • Mr. Christopher John Pagano, Exec. VP & Chief Risk Officer (Age 54)

Has Assurant been receiving favorable news coverage?

Media stories about AIZ stock have trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Assurant earned a media sentiment score of 0.11 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 45.76 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Assurant's major shareholders?

Assurant's stock is owned by a number of of retail and institutional investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (0.05%), Bank of Montreal Can (0.05%), State of Alaska Department of Revenue (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Cibc Bank USA (0.01%) and Xact Kapitalforvaltning AB (0.01%). Company insiders that own Assurant stock include Christopher J Pagano, John Andrew Sondej and Robert W Stein. 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 Bank of Montreal Can, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC and Cibc Bank USA. View Insider Buying and Selling for Assurant.

Which institutional investors are buying Assurant stock?

AIZ stock was acquired by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Fisher Asset Management LLC, IFM Investors Pty Ltd, NN Investment Partners Holdings N.V., Xact Kapitalforvaltning AB and State of Alaska Department of Revenue. 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, Scottrade, Fidelity and Charles Schwab.

What is Assurant's stock price today?

One share of AIZ stock can currently be purchased for approximately $107.61.

How big of a company is Assurant?

Assurant has a market capitalization of $5.69 billion and generates $6.42 billion in revenue each year. The financial services provider earns $519.60 million in net income (profit) each year or $3.98 on an earnings per share basis. Assurant employs 14,750 workers across the globe.

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:  1.6 out of 5 (star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  404
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 7/17/2018 by MarketBeat.com Staff

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