NYSE:AIZAssurant Stock Price, Forecast & News

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. Since then, AIZ shares have decreased by 7.4% and is now trading at $100.37. 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 earnings results on Tuesday, May, 5th. The financial services provider reported $2.64 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 3.59% and a return on equity of 10.03%. The company's revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.21 earnings per share. View Assurant's earnings history.

Assurant declared a quarterly dividend on Friday, July 10th. Shareholders 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 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, August 28th. View Assurant's dividend history.

Assurant declared that its Board of Directors has initiated a share repurchase program on Monday, November 5th 2018, which allows the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 9.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

3 equities research analysts have issued 1 year price objectives for Assurant's stock. Their forecasts range from $128.00 to $158.00. On average, they anticipate Assurant's share price to reach $143.67 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View analysts' price targets for Assurant.

Headlines about AIZ stock have trended very negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Assurant earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock'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 institutional and retail 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 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 sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. 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, 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 $100.37.

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]