Assurant Company Profile (NYSE:AIZ)

About Assurant (NYSE:AIZ)

Assurant logoAssurant, 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:
  • Market Cap: $5.00985 billion
  • Outstanding Shares: 53,886,000
Average Prices:
  • 50 Day Moving Avg: $98.11
  • 200 Day Moving Avg: $99.70
  • 52 Week Range: $78.50 - $106.99
  • Trailing P/E Ratio: 12.26
  • Foreward P/E Ratio: 13.14
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $6.74 billion
  • Price / Sales: 0.75
  • Book Value: $78.14 per share
  • Price / Book: 1.19
  • Annual Dividend: $2.12
  • Dividend Yield: 2.3%
  • EBIDTA: $864.39 million
  • Net Margins: 6.53%
  • Return on Equity: 6.70%
  • Return on Assets: 0.95%
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.51%
  • Average Volume: 358,128 shs.
  • Beta: 0.8
  • 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. Stockholders 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 dividend yield of 2.27%. The ex-dividend date is Thursday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) announced its earnings results on Tuesday, August, 1st. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.05. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. Assurant had a net margin of 6.53% and a return on equity of 6.70%. The company's revenue was down 11.0% compared to the same quarter last year. During the same period last year, the business earned $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 Monday, October, 23rd 2017. View Earnings Estimates for Assurant.

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

3 brokers have issued twelve-month target prices for Assurant's stock. Their predictions range from $87.00 to $115.00. On average, they anticipate Assurant's stock price to reach $98.33 in the next year. View Analyst Ratings for Assurant.

Who are some of Assurant's key competitors?

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 a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.85%), FMR LLC (7.24%), BlackRock Inc. (6.88%), State Street Corp (5.21%), LSV Asset Management (3.93%) and Dimensional Fund Advisors LP (3.86%). 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 Bank of New York Mellon Corp, FMR LLC, Neuberger Berman Group LLC, Los Angeles Capital Management & Equity Research Inc., State Street Corp, WINTON GROUP Ltd, LSV Asset Management and Westpac Banking Corp. View Insider Buying and Selling for Assurant.

Who bought Assurant stock? Who is buying Assurant stock?

Assurant's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Prudential Financial Inc., Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Cibc World Markets Corp, State of Tennessee Treasury Department, TIAA CREF Investment Management LLC and Tobam. 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 $93.28.

MarketBeat Community Rating for Assurant (NYSE AIZ)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  278
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.

Analyst Ratings

Consensus Ratings for Assurant (NYSE:AIZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $98.33 (5.42% upside)

Analysts' Ratings History for Assurant (NYSE:AIZ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/12/2017SunTrust Banks, Inc.Set Price TargetBuy$115.00N/AView Rating Details
1/9/2017Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
10/7/2016Credit Suisse GroupInitiated CoverageNeutral$93.00N/AView Rating Details
8/23/2016DOWLING & PARTNReiterated RatingNeutralN/AView Rating Details
7/17/2016Goldman Sachs Group, Inc. (The)DowngradeBuy$95.00N/AView Rating Details
7/6/2016J P Morgan Chase & CoReiterated RatingHold$77.00N/AView Rating Details
2/10/2016Piper Jaffray CompaniesLower Price TargetNeutral$84.00 -> $80.00N/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for Assurant (NYSE:AIZ)
Earnings by Quarter for Assurant (NYSE:AIZ)
Earnings History by Quarter for Assurant (NYSE AIZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$1.42N/AView Earnings Details
8/1/2017Q2 2017$1.58$1.63$1.57 billion$1.60 billionViewListenView Earnings Details
5/2/2017Q1 2017$1.51$1.87$1.62 billion$1.51 billionViewListenView Earnings Details
2/7/2017Q416$0.29$0.46$1.82 billion$1.75 billionViewListenView Earnings Details
10/25/2016Q316$0.98$1.00$1.74 billion$1.83 billionViewN/AView Earnings Details
7/26/2016Q216$1.46$1.42$1.71 billion$1.80 billionViewN/AView Earnings Details
4/26/2016Q116$1.23$1.52$1.85 billion$2.15 billionViewN/AView Earnings Details
2/9/2016Q415$1.54$0.97$2.00 billion$2.55 billionViewN/AView Earnings Details
10/27/2015Q315$1.56$1.71$2.03 billion$2.53 billionViewListenView Earnings Details
7/28/2015Q215$1.59$2.07$2.06 billion$2.64 billionViewListenView Earnings Details
5/5/2015Q115$0.63$0.63$2.56 billion$2.60 billionViewN/AView Earnings Details
2/12/2015Q414$1.66$0.87$2.58 billion$2.62 billionViewN/AView Earnings Details
10/29/2014Q314$1.58$1.82$2.53 billion$2.70 billionViewN/AView Earnings Details
7/23/2014Q214$1.53$1.62$2.40 billion$2.61 billionViewN/AView Earnings Details
4/23/2014Q114$1.56$1.68$2.36 billion$2.45 billionViewN/AView Earnings Details
2/4/2014Q413$1.41$1.46$2.22 billion$2.40 billionViewN/AView Earnings Details
10/23/2013Q313$1.48$1.71$2.21 billion$2.26 billionViewN/AView Earnings Details
7/24/2013Q2 2013$1.42$1.53$2.11 billion$2.24 billionViewN/AView Earnings Details
4/24/2013Q1 2013$1.54$1.46$2.10 billion$2.15 billionViewN/AView Earnings Details
2/6/2013Q4 2012($0.28)$0.31$2.10 billion$2.16 billionViewN/AView Earnings Details
10/24/2012$1.37$1.55ViewN/AView Earnings Details
7/25/2012$1.39$1.81ViewN/AView Earnings Details
4/25/2012$1.43$1.81ViewN/AView Earnings Details
2/1/2012$1.36$1.73ViewN/AView Earnings Details
10/26/2011$0.82$0.79ViewN/AView Earnings Details
7/27/2011$0.92$1.68ViewN/AView Earnings Details
4/27/2011$1.22$1.37ViewN/AView Earnings Details
2/2/2011$0.98$1.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Assurant (NYSE:AIZ)
2017 EPS Consensus Estimate: $6.61
2018 EPS Consensus Estimate: $7.49
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.49$1.60$1.53
Q2 20172$1.56$1.69$1.63
Q3 20173$1.43$1.81$1.64
Q4 20173$1.74$1.95$1.82
Q1 20182$1.85$1.89$1.87
Q2 20182$1.91$1.91$1.91
Q3 20182$1.52$1.96$1.74
Q4 20182$1.94$1.99$1.97
(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:2.27%
Dividend Growth:28.40% (3 Year Average)
Payout Ratio:27.89% (Trailing 12 Months of Earnings)
31.64% (Based on This Year's Estimates)
29.86% (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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Assurant (NYSE:AIZ)
Insider Ownership Percentage: 0.83%
Institutional Ownership Percentage: 90.77%
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Institutional Ownership by Quarter for Assurant (NYSE:AIZ)
Insider Trades by Quarter for Assurant (NYSE:AIZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2017Christopher J PaganoEVPSell7,000$102.94$720,580.00View SEC Filing  
5/31/2017Christopher J. PaganoEVPSell2,000$97.75$195,500.00View SEC Filing  
3/13/2017Christopher J PaganoEVPSell6,000$99.53$597,180.00View SEC Filing  
9/12/2016Christopher J PaganoEVPSell6,000$89.76$538,560.00View SEC Filing  
8/18/2016John Andrew SondejSVPSell5,000$86.04$430,200.00View SEC Filing  
8/4/2016Robert W. SteinDirectorSell2,500$84.01$210,025.00View SEC Filing  
6/16/2016Christopher J PaganoCFOSell5,000$84.47$422,350.00View SEC Filing  
3/11/2016Christopher J PaganoCFOSell2,000$77.46$154,920.00View SEC Filing  
12/22/2015Christopher J. PaganoCFOSell2,500$80.05$200,125.00View SEC Filing  
12/11/2015Christopher J. PaganoCFOSell2,000$82.78$165,560.00View SEC Filing  
11/24/2015Gene MergelmeyerCEOSell10,000$85.28$852,800.00View SEC Filing  
9/11/2015Christopher J PaganoCFOSell2,000$76.57$153,140.00View SEC Filing  
12/1/2014Christopher J PaganoCFOSell1,250$67.40$84,250.00View SEC Filing  
9/2/2014Christopher J PaganoCFOSell1,250$66.91$83,637.50View SEC Filing  
6/6/2014Adam LamninCEOSell21,626$69.38$1,500,411.88View SEC Filing  
6/2/2014Christopher J PaganoEVPSell1,250$68.10$85,125.00View SEC Filing  
5/30/2014John S RobertsCEOSell10,000$67.89$678,900.00View SEC Filing  
5/14/2014Gene MergelmeyerInsiderSell30,000$67.64$2,029,200.00View SEC Filing  
3/3/2014Adam LamninCEOSell20,000$65.07$1,301,400.00View SEC Filing  
3/3/2014Christopher PaganoEVPSell1,250$65.10$81,375.00View SEC Filing  
11/11/2013Jean Paul MontupetDirectorBuy1,700$59.83$101,711.00View SEC Filing  
9/3/2013Christopher PaganoEVPSell1,250$53.76$67,200.00View SEC Filing  
8/2/2013Bart SchwartzInsiderSell20,000$54.70$1,094,000.00View SEC Filing  
5/30/2013Christopher J PaganoEVPSell1,500$50.56$75,840.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Assurant (NYSE:AIZ)
Latest Headlines for Assurant (NYSE:AIZ)
DateHeadline logoCatastrophes Rock Q3 Underwriting: Insurance Stocks in Focus - Nasdaq - September 20 at 8:35 PM logoCritical Comparison: Assurant (AIZ) versus BRIGHTHOUSE FIN (BHF) - September 17 at 10:48 PM logo$1.61 Billion in Sales Expected for Assurant, Inc. (AIZ) This Quarter - September 16 at 10:00 AM logo3 Value Stocks for Growth Investors from the Insurance Industry - Nasdaq - September 14 at 9:19 PM logoDoes Assurant Inc’s (AIZ) PE Ratio Signal A Buying Opportunity? - September 13 at 4:51 PM logoInsurers on the hook for Harvey and Irma could signal end to bond market's recent rally - MarketWatch - September 12 at 8:57 PM logoAssurant (AIZ) Estimates Catastrophe Loss from Harvey, Irma - Nasdaq - September 12 at 3:54 PM logoAssurant (AIZ) Estimates Catastrophe Loss from Harvey, Irma - September 12 at 3:54 PM logoETFs with exposure to Assurant, Inc. : September 12, 2017 - September 11 at 9:33 PM logoAssurant Shares Preliminary Loss Estimates for Hurricanes Harvey and Irma - September 11 at 4:31 PM logoAssurant sees Hurricane Irma losses covered by reinsurance program - September 11 at 4:31 PM logoAssurant sees Hurricane Irma losses covered by reinsurance program - September 11 at 4:31 PM logoAssurant CEO: Gross Hurricane losses to exceed $125 milli... - September 11 at 4:31 PM logoAssurant, Inc. :AIZ-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017 - September 8 at 9:10 PM logoContrasting Assurant (AIZ) & Crawford & (CRD.B) - September 8 at 10:30 AM logoCritical Survey: Brighthouse Financial (BHF) versus Assurant (AIZ) - September 7 at 6:28 PM logoSunTrust Banks Weighs in on Assurant, Inc.'s FY2017 Earnings (AIZ) - September 7 at 9:10 AM logoAssurant Responds to Hurricane Harvey’s Impacts in Texas and Louisiana - September 1 at 4:14 PM logoAssurant President and CEO Alan Colberg to Speak at Barclays Global Financial Services Conference - August 28 at 8:48 PM logoRSI Alert: Assurant Now Oversold - August 28 at 3:46 PM logoNotable Two Hundred Day Moving Average Cross - AIZ - Nasdaq - August 25 at 10:17 PM logoWhy it is Apt to Hold Assurant (AIZ) Stock in Portfolio Now - Nasdaq - August 24 at 3:42 PM logoAssurant, Inc. – Value Analysis (NYSE:AIZ) : August 23, 2017 - August 23 at 8:48 PM logoDividend Coverage: This Insurance Company has Raised Dividend for Thirteen Consecutive Years; Will Trade Ex-Dividend on August 24, 2017 - August 23 at 3:45 PM logoAssurant, Inc. (AIZ) Stock Rating Lowered by BidaskClub - August 22 at 11:58 PM logoAssurant (AIZ) and Brighthouse Financial (BHF) Head to Head Review - August 22 at 8:30 AM logoAssurant Names Carey S. Roberts as Chief Legal Officer and Secretary - Business Wire (press release) - August 15 at 4:44 PM logoAssurant Names Carey S. Roberts as Chief Legal Officer and Secretary - August 15 at 4:44 PM logoAssurant, Inc. breached its 50 day moving average in a Bearish Manner : AIZ-US : August 11, 2017 - August 11 at 4:07 PM logoHead to Head Contrast: Assurant (AIZ) & Hartford Financial Services Group, Inc. (The) (HIG) - August 11 at 10:50 AM logoIHS Markit Score Update: Drop in demand for ETFs holding Assurant Inc is a negative sign for its shares - August 11 at 3:06 AM logo Analysts Anticipate Assurant, Inc. (AIZ) Will Announce Quarterly Sales of $1.61 Billion - August 10 at 3:03 PM logoSee what the IHS Markit Score report has to say about Assurant Inc. - August 10 at 1:56 AM logoZacks: Brokerages Expect Assurant, Inc. (NYSE:AIZ) Will Post Earnings of $1.42 Per Share - August 8 at 12:22 PM logoAssurant (AIZ) Appoints Harriet Edelman and Debra Perry to Its Board of Directors - - August 7 at 4:35 PM logoComparing Patriot National (PN) and Assurant (NYSE:AIZ) - August 7 at 2:38 PM logoAssurant, Inc. Declares Quarterly Dividend of $0.53 (NYSE:AIZ) - August 7 at 10:22 AM logoReviewing Assurant (NYSE:AIZ) and Patriot National (PN) - August 4 at 10:16 PM logoAssurant's (AIZ) Q2 Earnings Beat Estimates, Improve Y/Y - August 2 at 8:35 PM logoEdited Transcript of AIZ earnings conference call or presentation 2-Aug-17 12:00pm GMT - August 2 at 8:35 PM logoAssurant's (AIZ) Q2 Earnings Beat Estimates, Improve Y/Y - August 2 at 3:35 PM logoAssurant, Inc. (NYSE:AIZ) Issues Earnings Results, Beats Estimates By $0.07 EPS - August 1 at 9:29 PM logoAssurant Reports Second Quarter 2017 Financial Results - August 1 at 4:39 PM logoAssurant tops 2Q profit forecasts - August 1 at 4:39 PM logoAssurant (AIZ) Q2 Earnings: What Lies Ahead for the Stock? - July 31 at 3:48 PM logoAssurant, Inc. (AIZ) Scheduled to Post Earnings on Tuesday - July 25 at 7:12 AM logoAssurant Named Ward’s 50 Top Performing P&C Insurer for 11 th Consecutive Year - July 24 at 11:35 PM logoAssurant Named Ward’s 50 Top Performing P&C Insurer for 11th Consecutive Year - July 24 at 6:33 PM logoAssurant, Inc. (NYSE:AIZ) Expected to Post Quarterly Sales of $1.58 Billion - July 21 at 9:52 PM logoAssurant, Inc. (NYSE:AIZ) Expected to Announce Earnings of $1.58 Per Share - July 19 at 9:15 AM



Assurant (AIZ) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff