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 - NEC
  • Sub-Industry: Multi-line Insurance
  • Symbol: NYSE:AIZ
  • CUSIP: 04621X10
  • Web:
  • Market Cap: $5.76041 billion
  • Outstanding Shares: 54,787,000
Average Prices:
  • 50 Day Moving Avg: $103.96
  • 200 Day Moving Avg: $99.15
  • 52 Week Range: $78.50 - $106.99
  • Trailing P/E Ratio: 12.80
  • Foreward P/E Ratio: 14.53
  • P/E Growth: 0.76
Sales & Book Value:
  • Annual Revenue: $6.94 billion
  • Price / Sales: 0.83
  • Book Value: $75.57 per share
  • Price / Book: 1.39
  • Annual Dividend: $2.12
  • Dividend Yield: 2.0%
  • EBIDTA: $943.68 million
  • Net Margins: 7.05%
  • Return on Equity: 6.51%
  • Return on Assets: 0.95%
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.51%
  • Average Volume: 372,148 shs.
  • Beta: 0.77
  • Short Ratio: 2.22
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 announced a quarterly dividend on Friday, May 12th. Stockholders of record on Tuesday, May 30th will be given a dividend of $0.53 per share on Tuesday, June 20th. This represents a $2.12 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Thursday, May 25th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) posted its earnings results on Tuesday, May, 2nd. The company reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.36. The business earned $1.51 billion during the quarter, compared to analysts' expectations of $1.62 billion. Assurant had a return on equity of 6.51% and a net margin of 7.05%. View Assurant's Earnings History.

When will Assurant make its next earnings announcement?

Assurant is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Assurant.

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

4 brokers have issued 12 month price targets for Assurant's shares. Their predictions range from $87.00 to $115.00. On average, they expect Assurant's share 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
  • John A. Sondej, Senior Vice President, Controller, Principal Accounting Officer
  • 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 many different of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.91%), Forsta AP Fonden (0.57%), Russell Investments Group Ltd. (0.38%), Great West Life Assurance Co. Can (0.37%), Aperio Group LLC (0.14%) and Chevy Chase Trust Holdings Inc. (0.09%). 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 Forsta AP Fonden, Nisa Investment Advisors LLC, Oregon Public Employees Retirement Fund, Exxonmobil Investment Management Inc. TX, Hartford Investment Management Co., First Citizens Bank & Trust Co., Chevy Chase Trust Holdings Inc. and Capstone Asset Management Co.. Company insiders that have sold Assurant stock in the last year include Christopher J Pagano, John Andrew Sondej and Robert W Stein. View Insider Buying and Selling for Assurant.

Who bought Assurant stock? Who is buying Assurant stock?

Assurant's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Russell Investments Group Ltd., Capital One National Association, Great West Life Assurance Co. Can, Bank of Montreal Can, Meeder Asset Management Inc. and Aperio Group LLC. 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 $104.94.

MarketBeat Community Rating for Assurant (NYSE AIZ)
Community Ranking:  1.1 out of 5 ()
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  246
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, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $98.33 (6.30% downside)

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
8/14/2015Jefferies Group LLCBoost Price TargetHold$60.00 -> $70.00N/AView Rating Details
7/29/2015MacquarieBoost Price TargetNeutral$73.00 -> $77.00N/AView Rating Details
(Data available from 7/28/2015 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
8/1/2017$1.56N/AView 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: $7.48
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$1.93$1.89
Q2 20182$1.80$1.91$1.86
Q3 20182$1.59$1.96$1.78
Q4 20182$1.92$1.99$1.96
(Data provided by Zacks Investment Research)


Current Dividend Information for Assurant (NYSE:AIZ)
Most Recent Dividend:6/20/2017
Annual Dividend:$2.12
Dividend Yield:2.02%
Dividend Growth:28.40% (3 Year Average)
Payout Ratio:26.04% (Trailing 12 Months of Earnings)
32.37% (Based on This Year's Estimates)
29.36% (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: 92.25%
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 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 logoAnalyzing Assurant (NYSE:AIZ) and American International Group (AIG) - July 17 at 9:55 AM logoAssurant, Inc. (NYSE:AIZ) Given Consensus Rating of "Hold" by Analysts - July 14 at 12:41 PM logoComparing Kemper Corporation (KMPR) & Assurant (AIZ) - July 12 at 7:46 AM logoAssurant's $1.36B Reinsurance Program to Curb Financial Risk - Nasdaq - July 11 at 10:00 PM logoAssurant's $1.36B Reinsurance Program to Curb Financial Risk - July 11 at 4:58 PM logoAssurant's $1.36B Reinsurance Program to Curb Financial Risk - July 11 at 4:58 PM logoContrasting Marsh & McLennan Companies (MMC) & Assurant (NYSE:AIZ) - July 10 at 10:28 PM logoAssurant Announces $1.36 Billion 2017 Property Catastrophe Reinsurance Program - Business Wire (press release) - July 10 at 8:39 PM logoAssurant Announces $1.36 Billion 2017 Property Catastrophe Reinsurance Program - July 10 at 8:39 PM logoTop Research Reports for Canadian National, Itau Unibanco & Expedia - July 7 at 3:15 AM logoCNO Financial (CNO) Suffers from Pricing Pressure, High Debt - July 3 at 3:35 PM logoBidaskClub Upgrades Assurant, Inc. (AIZ) to "Buy" - July 1 at 8:56 AM logoAssurant to Announce 2017 Second Quarter Financial Results - Business Wire (press release) - June 30 at 2:42 AM logoWhy Hold Grade is Good for Radian Group (RDN) Stock Now - June 29 at 4:38 PM logoDon't let this risk ruin what could be a profitable Fourth of July weekend - June 29 at 4:38 PM logoAssurant to Announce 2017 Second Quarter Financial Results - June 28 at 8:54 PM logoAssurant, Inc. (AIZ) Expected to Announce Quarterly Sales of $1.61 Billion - June 25 at 11:20 AM logoBidaskClub Lowers Assurant, Inc. (AIZ) to Hold - June 24 at 9:06 PM logoAssurant shares could double - Barron's - Assurant, Inc. (NYSE:AIZ ... - Seeking Alpha - June 24 at 8:30 PM logoAssurant shares could double - Barron's - June 24 at 5:05 PM logo[$$] Why a Big Insurer's Stock Could Double - June 24 at 2:03 AM logoAssurant, Inc. (AIZ) Expected to Post Earnings of $1.60 Per Share - June 23 at 9:40 AM logoThursday Sector Laggards: Financial, Utilities - Nasdaq - June 22 at 3:24 PM logoETFs with exposure to Assurant, Inc. : June 22, 2017 - June 22 at 3:24 PM logoBrown & Brown's (BRO) Escalating Expenses Raise Concerns - June 22 at 12:27 PM logoHere's Why You Should Retain Alleghany (Y) Stock Right Now - June 21 at 4:11 PM logoWhy You Must Hold Onto Travelers (TRV) in Your Portfolio - June 20 at 4:01 PM logoAssurant, Inc. (AIZ) EVP Christopher J. Pagano Sells 7,000 Shares - June 19 at 7:20 PM logoAssurant, Inc. (AIZ) Given Consensus Rating of "Hold" by Analysts - June 19 at 9:58 AM logoAssurant, Inc. (AIZ) Lifted to Buy at BidaskClub - June 17 at 7:52 PM logoContrasting Assurant (AIZ) and National General Holdings Corp (NGHC) - June 15 at 10:46 PM logoAIZ Crosses Above Average Analyst Target - June 13 at 11:57 AM logoWhy You Must Retain MGIC Investment (MTG) in Your Portfolio - June 13 at 11:56 AM logoETFs with exposure to Assurant, Inc. : June 12, 2017 - June 12 at 4:28 PM logoAssurant, Inc. :AIZ-US: Earnings Analysis: Q1, 2017 By the Numbers : June 9, 2017 - June 9 at 3:37 PM logoAssurant (AIZ) Draws Investors with Steady Growth Prospects - June 5 at 1:31 PM logoWhy Is Assurant (AIZ) Down 6.3% Since the Last Earnings Report? - June 2 at 4:31 PM logoAssurant, Inc. (AIZ) EVP Christopher J. Pagano Sells 2,000 Shares - June 1 at 8:15 PM logoStrategy To YieldBoost Assurant From 2.1% To 13% Using Options - Nasdaq - June 1 at 3:38 PM logoAssurant, Inc. (AIZ) Expected to Announce Quarterly Sales of $1.60 Billion - May 31 at 10:46 AM logo$1.59 EPS Expected for Assurant, Inc. (AIZ) This Quarter - May 30 at 12:18 AM logoAssurant, Inc. : AIZ-US: Dividend Analysis : May 30th, 2017 (record date) : By the numbers : May 26, 2017 - May 26 at 3:39 PM logoAssurant, Inc. (AIZ) Ex-Dividend Date Scheduled for May 25, 2017 - Nasdaq - May 24 at 3:25 PM logoMOVES-Assurant names non-executive director to its UK Board - May 22 at 3:27 PM logoAssurant (AIZ) Names Daniel Pacicco as CAO - - May 16 at 6:56 AM



Assurant (AIZ) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff