NYSE:AIZAssurant Stock Price, Forecast & News

Assurant's stock was trading at $108.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AIZ shares have decreased by 7.3% and is now trading at $100.50. 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, Inc. (NYSE:AIZ) released its earnings results on Tuesday, May, 5th. The financial services provider reported $2.64 EPS for the quarter, beating the consensus estimate of $2.42 by $0.22. The financial services provider earned $2.57 billion during the quarter, compared to the consensus estimate of $2.54 billion. Assurant had a return on equity of 10.03% and a net margin of 3.59%. Assurant's revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.21 EPS. View Assurant's earnings history.

Assurant declared a quarterly dividend on Thursday, May 7th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.63 per share on Tuesday, June 16th. This represents a $2.52 annualized dividend and a yield of 2.51%. The ex-dividend date is Friday, May 22nd. View Assurant's dividend history.

Assurant declared that its Board of Directors has authorized a share buyback plan on Monday, November 5th 2018, which allows the company to repurchase $600,000,000.00 in outstanding 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 plans are generally a sign that the company's management believes its shares are undervalued.

3 equities research analysts have issued 1-year target prices for Assurant's shares. Their forecasts range from $128.00 to $158.00. On average, they expect Assurant's share price to reach $143.67 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price. View analysts' price targets for Assurant.

Media coverage about AIZ stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Assurant earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few 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 a variety of institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (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 purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $100.50.

Assurant has a market capitalization of $5.99 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]