Assurant Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Assurant stock.
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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.
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Assurant saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 898,700 shares, an increase of 17.2% from the May 31st total of 766,600 shares. Based on an average daily trading volume, of 338,100 shares, the short-interest ratio is presently 2.7 days. Currently, 1.5% of the shares of the stock are sold short.
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Assurant is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Assurant.

Assurant will be holding an earnings conference call on Wednesday, August 4th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Assurant, Inc. (NYSE:AIZ) issued its quarterly earnings results on Monday, May, 3rd. The financial services provider reported $2.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.96 by $0.51. The financial services provider earned $2.43 billion during the quarter, compared to analyst estimates of $2.18 billion. Assurant had a trailing twelve-month return on equity of 8.78% and a net margin of 4.52%. The business's quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $2.43 EPS.
View Assurant's earnings history.

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. Since then, AIZ shares have increased by 45.8% and is now trading at $158.04.
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Assurant announced a quarterly dividend on Friday, July 23rd. Investors of record on Monday, August 30th will be given a dividend of $0.66 per share on Tuesday, September 21st. This represents a $2.64 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Friday, August 27th.
View Assurant's dividend history.

Assurant pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.67%. 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 21.76% next year. This indicates that Assurant will be able to sustain or increase its dividend.
View Assurant's dividend history.

Assurant declared that its board has authorized a share repurchase program on Thursday, May 13th 2021, which authorizes the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 9.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Assurant updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share (EPS) guidance of $10.868-$11.263 for the period. The company issued revenue guidance of -.

4 analysts have issued 1 year price objectives for Assurant's shares. Their forecasts range from $152.41 to $207.00. On average, they expect Assurant's stock price to reach $181.24 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
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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.

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

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).

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

Assurant's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.60%), Hallmark Capital Management Inc. (0.22%), New York State Common Retirement Fund (0.18%), Calamos Advisors LLC (0.18%), Victory Capital Management Inc. (0.13%) and Alliancebernstein L.P. (0.13%). Company insiders that own Assurant stock include Charles John Koch, Francesca Luthi, Gene Mergelmeyer, J Braxton Carter II, Michael P Campbell, Robert Lonergan and Tammy L Schultz.
View institutional ownership trends for Assurant.

AIZ stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Victory Capital Management Inc., Hallmark Capital Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Asset Management One Co. Ltd., Handelsbanken Fonder AB, Arizona State Retirement System, and Legacy Capital Partners Inc.. 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.

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Cookson Peirce & Co. Inc., New York State Common Retirement Fund, Calamos Advisors LLC, Unigestion Holding SA, IFM Investors Pty Ltd, Hohimer Wealth Management LLC, Heartland Bank & Trust Co, and PGGM Investments.
View insider buying and selling activity for Assurant or or view top insider-buying stocks.

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.
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One share of AIZ stock can currently be purchased for approximately $158.04.

Assurant has a market capitalization of $9.57 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.

Assurant employs 14,100 workers across the globe.

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

Assurant is headquartered at 28 LIBERTY STREET 41ST FLOOR, NEW YORK NY, 10005.

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]