About Assurant (NYSE:AIZ)

Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and mortgage solutions comprising property inspection and preservation, valuation and title, and other property risk management services. The Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection services; and credit and other insurance services. Its Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
SymbolNYSE:AIZ
CUSIP04621X10
Phone212-859-7000
Debt
Debt-to-Equity Ratio0.25%
Current Ratio0.55%
Quick Ratio0.55%
Price-To-Earnings
Trailing P/E Ratio23.47
Forward P/E Ratio12.54
P/E Growth0.64
Sales & Book Value
Annual Sales$6.42 billion
Price / Sales0.76
Cash Flow$4.4417 per share
Price / Cash21.03
Book Value$81.41 per share
Price / Book1.15
Profitability
EPS (Most Recent Fiscal Year)$3.98
Net Income$519.60 million
Net Margins8.10%
Return on Equity5.24%
Return on Assets0.71%
Miscellaneous
Employees14,750
Outstanding Shares52,470,000
Assurant (NYSE:AIZ) Frequently Asked Questions
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, January 19th. Stockholders of record on Monday, February 26th will be paid a dividend of $0.56 per share on Monday, March 19th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Friday, February 23rd. View Assurant's Dividend History.
How were Assurant's earnings last quarter?
Assurant (NYSE:AIZ) issued its quarterly earnings data on Thursday, February, 8th. The financial services provider reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.27. The financial services provider earned $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. Assurant had a return on equity of 5.24% and a net margin of 8.10%. The company's revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 EPS. View Assurant's Earnings History.
When is Assurant's next earnings date?
What price target have analysts set for AIZ?
2 analysts have issued 12 month price objectives for Assurant's shares. Their forecasts range from $115.00 to $127.00. On average, they expect Assurant's share price to reach $121.00 in the next twelve months. View Analyst Ratings for Assurant.
Are investors shorting Assurant?
Assurant saw a increase in short interest in March. As of March 15th, there was short interest totalling 1,900,281 shares, an increase of 70.4% from the February 28th total of 1,115,422 shares. Based on an average daily trading volume, of 856,587 shares, the days-to-cover ratio is currently 2.2 days. Approximately 3.7% of the shares of the company are short sold.
Who are some of Assurant's key competitors?
Some companies that are related to Assurant include UDR (UDR), Duke Realty (DRE), Woori Bank (WF), Affiliated Managers Group (AMG), Zillow (Z), British Land (BTLCY), Bankinter (BKNIY), Schroders (SDRC), Alleghany (Y), Voya Financial (VOYA), Schroders (SDR), W. R. Berkley (WRB), iShares Nasdaq Biotechnology ETF (IBB), East West Bancorp (EWBC), City Developments (CDEVY), Segro (SEGXF), SL Green Realty (SLG) and Galicia Financial Group (GGAL).
Who are Assurant's key executives?
Assurant's management team includes the folowing people:
- Mr. Alan B. Colberg, Pres, CEO & Director (Age 56)
- Mr. Richard Steven Dziadzio, Exec. VP, CFO & Treasurer (Age 54)
- Mr. Gene E. Mergelmeyer, Exec. VP & COO (Age 59)
- Mr. Ajay Waghray, Exec. VP & CTO (Age 56)
- Mr. Christopher J. Pagano CFA, Exec. VP & Chief Risk Officer (Age 54)
Has Assurant been receiving favorable news coverage?
Media stories about AIZ stock have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Assurant earned a news impact score of -0.01 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.80 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Assurant's stock price today?
One share of AIZ stock can currently be purchased for approximately $93.41.
How big of a company is Assurant?
Assurant has a market capitalization of $4.87 billion and generates $6.42 billion in revenue each year. The financial services provider earns $519.60 million in net income (profit) each year or $3.98 on an earnings per share basis. Assurant employs 14,750 workers across the globe.
How can I contact Assurant?
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]
MarketBeat Community Rating for Assurant (AIZ)
MarketBeat's community ratings are surveys of what our community members think about Assurant and other stocks. Vote "Outperform" if you believe AIZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
Assurant (NYSE:AIZ) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Assurant in the last 12 months. Their average twelve-month price target is $121.00, suggesting that the stock has a possible upside of 29.54%. The high price target for AIZ is $127.00 and the low price target for AIZ is $115.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Buy | Buy | Buy | Hold |
Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 2.00 |
Ratings Breakdown: | 0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s) | 1 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $121.00 | $121.00 | $115.00 | $115.00 |
Price Target Upside: | 29.54% upside | 41.21% upside | 20.65% upside | 20.65% upside |
Assurant (NYSE:AIZ) Consensus Price Target History

Assurant (NYSE:AIZ) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Assurant (NYSE:AIZ) Dividend Information
Assurant pays an annual dividend of $2.24 per share, with a dividend yield of 2.40%. AIZ's most recent quarterly dividend payment was Monday, March 19. The company has grown its dividend for the last 14 consecutive years and is increasing its dividend by an average of 26.60% each year. Assurant pays out 56.28% of its earnings out as a dividend.
Most Recent Dividend: | 3/19/2018 |
Annual Dividend: | $2.24 |
Dividend Yield: | 2.40% |
Dividend Growth: | 26.60% (3 Year Average) |
Payout Ratio: | 56.28% (Trailing 12 Months of Earnings) 30.07% (Based on This Year's Estimates) 26.54% (Based on Next Year's Estimates)
|
Track Record: | 14 Years of Consecutive Dividend Growth |
Frequency: | Quarterly Dividend |
Assurant (NYSE:AIZ) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
1/19/2018 | quarterly | $0.56 | 2.45% | 2/23/2018 | 2/26/2018 | 3/19/2018 |
11/13/2017 | quarterly | $0.56 | 2.27% | 11/24/2017 | 11/27/2017 | 12/18/2017 |
8/7/2017 | quarterly | $0.53 | 2.02% | 8/24/2017 | 8/28/2017 | 9/19/2017 |
5/12/2017 | quarterly | $0.53 | 2.07% | 5/25/2017 | 5/30/2017 | 6/20/2017 |
1/13/2017 | quarterly | $0.53 | 2.24% | 2/23/2017 | 2/27/2017 | 3/20/2017 |
11/14/2016 | quarterly | $0.53 | 2.47% | 11/23/2016 | 11/28/2016 | 12/12/2016 |
7/7/2016 | quarterly | $0.50 | 2.31% | 8/25/2016 | 8/29/2016 | 9/13/2016 |
5/13/2016 | quarterly | $0.50 | 2.29% | 5/26/2016 | 5/31/2016 | 6/14/2016 |
1/15/2016 | quarterly | $0.50 | 2.55% | 2/25/2016 | 2/29/2016 | 3/14/2016 |
9/10/2015 | quarterly | $0.50 | 2.65% | 11/25/2015 | 11/30/2015 | 12/14/2015 |
7/8/2015 | quarterly | $0.30 | 1.74% | 8/27/2015 | 8/31/2015 | 9/15/2015 |
5/8/2015 | quarterly | $0.30 | 1.85% | 5/21/2015 | 5/26/2015 | 6/9/2015 |
1/9/2015 | quarterly | $0.27 | 1.64% | 2/19/2015 | 2/23/2015 | 3/9/2015 |
11/14/2014 | quarterly | $0.27 | 1.59% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
7/10/2014 | quarterly | $0.27 | 1.64% | 8/21/2014 | 8/25/2014 | 9/9/2014 |
5/9/2014 | quarterly | $0.27 | 1.58% | 5/22/2014 | 5/27/2014 | 6/10/2014 |
1/10/2014 | quarterly | $0.25 | 1.5% | 2/20/2014 | 2/24/2014 | 3/10/2014 |
11/15/2013 | quarterly | $0.25 | 1.62% | 11/21/2013 | 11/25/2013 | 12/10/2013 |
7/11/2013 | quarterly | $0.25 | 1.88% | 8/22/2013 | 8/26/2013 | 9/10/2013 |
5/10/2013 | quarterly | $0.25 | 2.09% | 5/23/2013 | 5/28/2013 | 6/11/2013 |
1/11/2013 | quarterly | $0.21 | 2.28% | 2/21/2013 | 2/5/2013 | 3/11/2013 |
(Data available from 1/1/2013 forward)
Assurant (NYSE AIZ) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 93.04%
Assurant (NYSE AIZ) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
6/15/2017 | Christopher J Pagano | EVP | Sell | 7,000 | $102.94 | $720,580.00 | 55,978 | |
5/31/2017 | Christopher J. Pagano | EVP | Sell | 2,000 | $97.75 | $195,500.00 | | |
3/13/2017 | Christopher J Pagano | EVP | Sell | 6,000 | $99.53 | $597,180.00 | 62,837 | |
9/12/2016 | Christopher J Pagano | EVP | Sell | 6,000 | $89.76 | $538,560.00 | 70,149 | |
8/18/2016 | John Andrew Sondej | SVP | Sell | 5,000 | $86.04 | $430,200.00 | | |
8/4/2016 | Robert W. Stein | Director | Sell | 2,500 | $84.01 | $210,025.00 | | |
6/16/2016 | Christopher J Pagano | CFO | Sell | 5,000 | $84.47 | $422,350.00 | 76,981 | |
3/11/2016 | Christopher J Pagano | CFO | Sell | 2,000 | $77.46 | $154,920.00 | 75,703 | |
12/22/2015 | Christopher J. Pagano | CFO | Sell | 2,500 | $80.05 | $200,125.00 | 70,412 | |
12/11/2015 | Christopher J. Pagano | CFO | Sell | 2,000 | $82.78 | $165,560.00 | 72,912 | |
11/24/2015 | Gene Mergelmeyer | CEO | Sell | 10,000 | $85.28 | $852,800.00 | 99,899 | |
9/11/2015 | Christopher J Pagano | CFO | Sell | 2,000 | $76.57 | $153,140.00 | 78,341 | |
12/1/2014 | Christopher J Pagano | CFO | Sell | 1,250 | $67.40 | $84,250.00 | | |
9/2/2014 | Christopher J Pagano | CFO | Sell | 1,250 | $66.91 | $83,637.50 | | |
6/6/2014 | Adam Lamnin | CEO | Sell | 21,626 | $69.38 | $1,500,411.88 | | |
6/2/2014 | Christopher J Pagano | EVP | Sell | 1,250 | $68.10 | $85,125.00 | | |
5/30/2014 | John S Roberts | CEO | Sell | 10,000 | $67.89 | $678,900.00 | | |
5/14/2014 | Gene Mergelmeyer | Insider | Sell | 30,000 | $67.64 | $2,029,200.00 | 109,391 | |
3/3/2014 | Adam Lamnin | CEO | Sell | 20,000 | $65.07 | $1,301,400.00 | 44,206 | |
3/3/2014 | Christopher Pagano | EVP | Sell | 1,250 | $65.10 | $81,375.00 | 72,233 | |
11/11/2013 | Jean Paul Montupet | Director | Buy | 1,700 | $59.83 | $101,711.00 | 5,921 | |
9/3/2013 | Christopher Pagano | EVP | Sell | 1,250 | $53.76 | $67,200.00 | 73,749 | |
8/2/2013 | Bart Schwartz | Insider | Sell | 20,000 | $54.70 | $1,094,000.00 | 62,506 | |
5/30/2013 | Christopher J Pagano | EVP | Sell | 1,500 | $50.56 | $75,840.00 | | |
(Data available from 1/1/2013 forward)
Assurant (NYSE AIZ) News Headlines
Source: |
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Date | Headline |
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 | A.M. Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty Subsidiaries finance.yahoo.com - April 18 at 5:05 PM |
 | Assurant (AIZ) Upgraded at ValuEngine www.americanbankingnews.com - April 17 at 11:03 AM |
 | Assurant (AIZ) to Post Q3 2018 Earnings of $1.57 Per Share, SunTrust Banks Forecasts www.americanbankingnews.com - April 16 at 2:15 AM |
 | CNO Financial Group (CNO) vs. Assurant (AIZ) Critical Contrast www.americanbankingnews.com - April 15 at 9:10 PM |
 | Assurant (AIZ) to Post Q1 2018 Earnings of $1.87 Per Share, SunTrust Banks Forecasts www.americanbankingnews.com - April 13 at 8:37 AM |
 | SunTrust Banks Cuts Assurant (AIZ) Price Target to $0.00 www.americanbankingnews.com - April 12 at 7:25 PM |
 | Assurant (AIZ) & CNO Financial Group (CNO) Head-To-Head Comparison www.americanbankingnews.com - April 9 at 9:40 PM |
 | Assurant to Announce First Quarter 2018 Financial Results finance.yahoo.com - April 9 at 4:46 PM |
 | ValuEngine Lowers Assurant (AIZ) to Sell www.americanbankingnews.com - April 3 at 8:10 PM |
 | Short Interest in Assurant, Inc. (AIZ) Grows By 70.4% www.americanbankingnews.com - April 2 at 1:22 AM |
 | Assurant, Inc. (AIZ) Expected to Announce Quarterly Sales of $1.56 Billion www.americanbankingnews.com - March 30 at 1:52 AM |
 | A.M. Best Assigns Issue Credit Ratings to Assurant, Inc.’s Senior Unsecured Notes, Subordinated Notes and Convertible Preferred Stock finance.yahoo.com - March 29 at 9:18 AM |
 | BRIEF-Assurant Says CEO Alan Colberg's 2017 Total Compensation Was $9.3 Mln Versus $7.8 Mln In 2016 www.reuters.com - March 28 at 9:15 AM |
 | Assurant Becomes an American Red Cross National Disaster Responder Member finance.yahoo.com - March 28 at 9:15 AM |
 | Assurant Announces Closing of Public Offering of Senior Notes and Fixed-to-Floating Rate Subordinated Notes finance.yahoo.com - March 27 at 4:43 PM |
 | Comparing Argo Group International (AGII) & Assurant (AIZ) www.americanbankingnews.com - March 25 at 9:04 PM |
 | Assurant (AIZ) Upgraded to Hold by ValuEngine www.americanbankingnews.com - March 24 at 1:21 PM |
 | Assurant, Inc. -- Moody's assigns Assurant Inc.'s shelf ratings, rates senior notes Baa2; on review for downgrade finance.yahoo.com - March 23 at 9:01 AM |
 | Zacks.com featured highlights include: Heritage Commerce, New Mountain, Assurant, Loews and Proteostasis finance.yahoo.com - March 21 at 5:02 PM |
 | What Makes Assurant Inc (NYSE:AIZ) A Great Dividend Stock? finance.yahoo.com - March 20 at 4:43 PM |
 | $1.56 Billion in Sales Expected for Assurant, Inc. (AIZ) This Quarter www.americanbankingnews.com - March 13 at 3:52 AM |
 | Assurant Announces Closing of its 6.50% Series D Mandatory Convertible Preferred Stock Offering finance.yahoo.com - March 12 at 5:54 PM |
 | Church's Chicken taps Karen Jean Viera as Chief People Officer www.bizjournals.com - March 7 at 5:41 PM |
 | Assurant (AIZ) Commences Public Offering of Mandatory Convertible Preferred Stock www.streetinsider.com - March 7 at 5:41 PM |
 | Head-To-Head Review: Enstar Group (ESGR) vs. Assurant (AIZ) www.americanbankingnews.com - March 7 at 5:32 PM |
 | Assurant Announces Commencement of Public Offering of Mandatory Convertible Preferred Stock finance.yahoo.com - March 6 at 5:07 PM |
 | 10,300 Shares in Assurant, Inc. (AIZ) Acquired by Eaton Vance Management www.americanbankingnews.com - March 6 at 11:52 AM |
 | Assurant, Inc. (AIZ) Shares Sold by BlackRock Inc. www.americanbankingnews.com - March 6 at 5:02 AM |
 | Church's Chicken taps health care exec as new Chief People Officer finance.yahoo.com - March 5 at 5:20 PM |
 | Assurant Inc (NYSE:AIZ) Is Trading At A 41% Discount To Its Intrinsic Value finance.yahoo.com - March 5 at 5:20 PM |
 | UBS Group Begins Coverage on Assurant (AIZ) www.americanbankingnews.com - March 3 at 4:52 PM |
 | Pittenger & Anderson Inc. Grows Stake in Assurant, Inc. (AIZ) www.americanbankingnews.com - March 3 at 4:14 PM |
 | State of Wisconsin Investment Board Lowers Stake in Assurant, Inc. (AIZ) www.americanbankingnews.com - March 2 at 7:50 PM |
 | Fortegra Financial (FRF) & Assurant (AIZ) Head-To-Head Contrast www.americanbankingnews.com - March 2 at 6:52 PM |
 | Ascend Capital LLC Invests $3.05 Million in Assurant, Inc. (AIZ) www.americanbankingnews.com - March 2 at 5:06 AM |
 | Sei Investments Co. Has $6.79 Million Holdings in Assurant, Inc. (AIZ) www.americanbankingnews.com - March 1 at 5:42 PM |
 | Assurant, Inc. (AIZ) Stake Increased by Rhumbline Advisers www.americanbankingnews.com - March 1 at 8:20 AM |
 | Burney Co. Has $10.04 Million Stake in Assurant, Inc. (AIZ) www.americanbankingnews.com - March 1 at 5:28 AM |
 | Hudson Bay Capital Management LP Invests $6.08 Million in Assurant, Inc. (AIZ) www.americanbankingnews.com - February 28 at 1:47 PM |
 | UBS Asset Management Americas Inc. Buys 10,050 Shares of Assurant, Inc. (AIZ) www.americanbankingnews.com - February 26 at 3:04 PM |
 | Assurant, Inc. (AIZ) Shares Sold by Bank of New York Mellon Corp www.americanbankingnews.com - February 26 at 4:34 AM |
 | Assurant, Inc. (AIZ) Shares Bought by First Republic Investment Management Inc. www.americanbankingnews.com - February 25 at 12:56 PM |
 | Ontario Teachers Pension Plan Board Acquires 2,912 Shares of Assurant, Inc. (AIZ) www.americanbankingnews.com - February 24 at 1:40 PM |
 | How Did Assurant Inc’s (NYSE:AIZ) 12.14% ROE Fare Against The Industry? finance.yahoo.com - February 19 at 4:43 PM |
 | Free Post Earnings Research Report: Aflac’s EPS Soared 223% finance.yahoo.com - February 14 at 9:26 AM |
 | Assurant (AIZ) Q4 Earnings and Revenues Beat Estimates finance.yahoo.com - February 9 at 4:44 PM |
 | Assurant (AIZ) Announces Earnings Results, Beats Estimates By $0.26 EPS www.americanbankingnews.com - February 9 at 10:56 AM |
 | Assurant Inc Profit Advances In Q4 www.nasdaq.com - February 9 at 9:28 AM |
 | Assurant posts 4Q profit finance.yahoo.com - February 9 at 9:28 AM |
 | Assurant Reports Fourth Quarter and Full-Year 2017 Financial Results finance.yahoo.com - February 9 at 9:28 AM |
Assurant (NYSE:AIZ) SEC Filings
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Assurant (NYSE:AIZ) Income Statement, Balance Sheet and Cash Flow Statement
Assurant (NYSE AIZ) Stock Chart for Friday, April, 20, 2018
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