NYSE:AIZ

Assurant Stock Forecast, Price & News

$159.59
+0.77 (+0.48 %)
(As of 09/21/2021 01:05 PM ET)
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Today's Range
$157.76
$159.83
50-Day Range
$151.47
$171.13
52-Week Range
$116.40
$172.22
Volume3,241 shs
Average Volume400,190 shs
Market Capitalization$9.39 billion
P/E Ratio20.97
Dividend Yield1.64%
Beta0.66
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Assurant logo

About Assurant

Assurant, Inc. engages in the provision of risk management solutions. It operates through the following segments: Global Housing, Global Lifestyle and Global Preneed. The Global Housing segment provides lender-placed homeowners, multi-family housing and mortgage solutions. The Global Lifestyle segment offers mobile device protection products, related & extended service products and related services for consumer electronics & appliances, vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was founded on February 4, 2004 and is headquartered in New York, NY.

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MarketRank

Overall MarketRank

3.06 out of 5 stars

Finance Sector

101st out of 1,332 stocks

Insurance Carriers, Not Elsewhere Classified Industry

1st out of 3 stocks

Analyst Opinion: 2.5Community Rank: 3.9Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
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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 year. 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.

When is Assurant's next earnings date?

Assurant is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Assurant
.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings results on Monday, August, 2nd. The financial services provider reported $2.99 earnings per share for the quarter, topping analysts' consensus estimates of $2.49 by $0.50. The financial services provider had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.38 billion. Assurant had a net margin of 4.74% and a trailing twelve-month return on equity of 9.05%.
View Assurant's earnings history
.

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

Assurant's stock was trading at $108.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AIZ shares have increased by 47.3% and is now trading at $159.67.
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 paid a dividend of $0.66 per share on Tuesday, September 21st. This represents a $2.64 dividend on an annualized basis and a yield of 1.65%. 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 1.64%. 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 21.71% 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 announced that its board has approved a stock repurchase program on Thursday, May 13th 2021, which permits the company to buyback $900,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

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

Assurant updated its FY 2021 earnings guidance on Tuesday, August, 17th. The company provided earnings per share guidance of $10.868-$11.263 for the period. The company issued revenue guidance of -.

What price target have analysts set for AIZ?

4 Wall Street analysts have issued 1-year price objectives for Assurant's stock. Their forecasts range from $152.41 to $207.00. On average, they expect Assurant's share price to reach $181.57 in the next twelve months. This suggests a possible upside of 13.7% 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:
  • Alan B. Colberg, Chief Executive Officer & Director
  • Keith Warner Demmings, President
  • Gene E. Mergelmeyer, Chief Operating Officer & Executive Vice President
  • Richard Steven Dziadzio, Chief Financial Officer, Treasurer & EVP
  • Joseph A. Surber, Chief Technology Officer & Senior Vice President

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 Vanguard Group Inc. (12.11%), BlackRock Inc. (9.04%), Price T Rowe Associates Inc. MD (9.27%), FMR LLC (6.39%), State Street Corp (5.24%) and Bank of New York Mellon Corp (3.91%). Company insiders that own Assurant stock include Charles John Koch, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II, 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 AQR Capital Management LLC, Schonfeld Strategic Advisors LLC, Barrow Hanley Mewhinney & Strauss LLC, Squarepoint Ops LLC, Price T Rowe Associates Inc. MD, Sumitomo Mitsui Trust Holdings Inc., Edgestream Partners L.P., and Neuberger Berman Group LLC. 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of New York Mellon Corp, Amundi, FMR LLC, Geode Capital Management LLC, BlackRock Inc., State Street Corp, and SG Americas Securities LLC.
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 $159.67.

How much money does Assurant make?

Assurant has a market capitalization of $9.39 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 9/21/2021 by MarketBeat.com Staff
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