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

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

Assurant announced a quarterly dividend on Friday, July 19th. Shareholders 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 1.90%. The ex-dividend date is Friday, August 23rd. View Assurant's Dividend History.

Assurant announced that its Board of Directors has initiated a stock buyback program on Monday, November 5th 2018, which permits the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Assurant, Inc. (NYSE:AIZ) released its quarterly earnings results on Tuesday, August, 6th. The financial services provider reported $2.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.13 by $0.21. The financial services provider earned $2.55 billion during the quarter, compared to the consensus estimate of $2.35 billion. Assurant had a return on equity of 7.58% and a net margin of 4.00%. The business's revenue was up 39.0% compared to the same quarter last year. 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 equities research analysts have issued 1 year price targets for Assurant's stock. Their forecasts range from $130.00 to $154.00. On average, they expect Assurant's stock price to reach $143.00 in the next year. This suggests a possible upside of 13.4% 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.

News headlines about AIZ stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Assurant earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Assurant.

Assurant saw a increase in short interest in 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 daily trading volume, of 502,200 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.8% of the shares of the company are short sold. View Assurant's Current Options Chain.

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), Genworth Financial (GNW), Horace Mann Educators (HMN), Eastern Insurance (EIHI) and Fortegra Financial (FRF).

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 a variety of of retail and institutional investors. Top institutional investors include Nippon Life Global Investors Americas Inc. (0.35%), Hennessy Advisors Inc. (0.22%), Calamos Advisors LLC (0.13%), Zurcher Kantonalbank Zurich Cantonalbank (0.07%), Mountain Pacific Investment Advisers Inc. ID (0.05%) and Nisa Investment Advisors LLC (0.05%). 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 Nippon Life Global Investors Americas Inc., Mountain Pacific Investment Advisers Inc. ID, Zurcher Kantonalbank Zurich Cantonalbank , CX Institutional, Calamos Advisors LLC, Assenagon Asset Management S.A., Envestnet Asset Management Inc. and Cognios Capital LLC. 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 $126.07.

Assurant has a market capitalization of $7.71 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]