NYSE:AIZAssurant Stock Price, Forecast & News

Assurant's stock was trading at $108.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AIZ stock has decreased by 6.3% and is now trading at $101.53. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Assurant.

Assurant is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Assurant.

Assurant will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $2.64 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.42 by $0.22. The financial services provider had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.54 billion. Assurant had a net margin of 3.59% and a return on equity of 10.03%. The business's revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.21 EPS. View Assurant's earnings history.

Assurant declared a quarterly dividend on Friday, July 10th. Stockholders of record on Monday, August 31st will be given a dividend of $0.63 per share on Tuesday, September 22nd. This represents a $2.52 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Friday, August 28th. View Assurant's dividend history.

Assurant declared that its Board of Directors has authorized a stock buyback plan on Monday, November 5th 2018, which permits the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 9.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

3 Wall Street analysts have issued 12-month price objectives for Assurant's stock. Their forecasts range from $128.00 to $158.00. On average, they expect Assurant's share price to reach $143.67 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for Assurant.

Press coverage about AIZ stock has trended extremely negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Assurant earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next several days. View the latest news about Assurant.

Some companies that are related to Assurant include American International Group (AIG), Hartford Financial Services Group (HIG), Loews (L), American Financial Group (AFG), Kemper (KMPR), American National Insurance (ANAT), Horace Mann Educators (HMN) and Genworth Financial (GNW). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Allergan (AGN), NIC (EGOV), Athabasca Oil (ATH), Zoetis (ZTS), Starbucks (SBUX) and Walmart (WMT).

Assurant trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIZ."

Assurant's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.91%), Mountain Pacific Investment Advisers Inc. ID (0.24%), Legacy Capital Partners Inc. (0.05%), Envestnet Asset Management Inc. (0.03%), Municipal Employees Retirement System of Michigan (0.02%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Assurant stock include Charles John Koch, Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell, Tammy L Schultz and Tpg Advisors Vi-Aiv, Inc. View institutional ownership trends for Assurant.

AIZ stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, and IFM Investors Pty Ltd. Company insiders that have sold Assurant company stock in the last year include Charles John Koch, Gene Mergelmeyer, Michael P Campbell, and Tammy L Schultz. View insider buying and selling activity for Assurant.

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Legacy Capital Partners Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Alpha Windward LLC, Mountain Pacific Investment Advisers Inc. ID, and Envestnet Asset Management Inc.. View insider buying and selling activity for 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.

One share of AIZ stock can currently be purchased for approximately $101.53.

Assurant has a market capitalization of $6.06 billion and generates $10.09 billion in revenue each year. The financial services provider earns $382.60 million in net income (profit) each year or $8.55 on an earnings per share basis. Assurant employs 14,200 workers across the globe.

The official website for Assurant is www.assurant.com.

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]