Assurant Stock Price, News & Analysis (NYSE:AIZ)

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

Assurant declared a quarterly dividend on Friday, July 19th. Investors of record on Monday, August 26th will be given a dividend of $0.60 per share on Monday, September 16th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Friday, August 23rd. View Assurant's Dividend History.

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

Assurant, Inc. (NYSE:AIZ) posted its quarterly earnings results on Tuesday, August, 6th. The financial services provider reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.21. The financial services provider had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.35 billion. Assurant had a net margin of 4.00% and a return on equity of 7.58%. The business's revenue for the quarter was up 39.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.13 EPS. View Assurant's Earnings History.

Assurant is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Assurant.

Assurant will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 12-month price targets for Assurant's shares. Their predictions range from $130.00 to $154.00. On average, they expect Assurant's share price to reach $143.00 in the next year. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Price Targets for Assurant.

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.

Media stories about AIZ stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of 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 nearest to five being the most favorable. Assurant earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Assurant.

Assurant saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,700,000 shares, an increase of 5.6% from the August 30th total of 1,610,000 shares. Based on an average trading volume of 502,200 shares, the days-to-cover ratio is currently 3.4 days. Currently, 2.8% of the shares of the stock are sold short. View Assurant's Current Options Chain.

Some companies that are related to Assurant include Unum Group (UNM), Genworth MI Canada (MIC), NIB (NHF), CNO Financial Group (CNO), Triple-S Management (GTS) and Citizens Financial (CFIN).

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), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Allergan (AGN), Workday (WDAY) and Zoetis (ZTS).

Assurant's stock is owned by many different of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.22%), Zurcher Kantonalbank Zurich Cantonalbank (0.07%), Mountain Pacific Investment Advisers Inc. ID (0.05%), Nisa Investment Advisors LLC (0.05%), Crossmark Global Holdings Inc. (0.03%) and CX Institutional (0.03%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell 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 First Citizens Bank & Trust Co., State of Alaska Department of Revenue, Hennessy Advisors Inc., Meeder Asset Management Inc., Cerebellum GP LLC, Cerebellum GP LLC, Bowling Portfolio Management LLC and Oakbrook Investments LLC. Company insiders that have sold Assurant company stock in the last year include Christopher J Pagano, Gene Mergelmeyer, Michael P Campbell and Tpg Advisors Vi-Aiv, Inc. View Insider Buying and Selling for Assurant.

AIZ stock was acquired by a variety of institutional investors in the last quarter, including Mountain Pacific Investment Advisers Inc. ID, Zurcher Kantonalbank Zurich Cantonalbank , CX Institutional, Assenagon Asset Management S.A., Envestnet Asset Management Inc., Pacer Advisors Inc., Surevest Inc. and NEXT Financial Group Inc. View Insider Buying and Selling 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 $125.67.

Assurant has a market capitalization of $7.68 billion and generates $8.06 billion in revenue each year. The financial services provider earns $251 million in net income (profit) each year or $5.80 on an earnings per share basis. Assurant employs 14,750 workers across the globe.View Additional Information About Assurant.

The official website for Assurant is http://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]