NYSE:AIZAssurant Stock Price, Forecast & News

Assurant's stock was trading at $108.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AIZ shares have decreased by 7.9% and is now trading at $99.78. 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) issued its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $2.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.42 by $0.22. The financial services provider had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.54 billion. Assurant had a return on equity of 10.03% and a net margin of 3.59%. The business's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted $2.21 EPS. View Assurant's earnings history.

Assurant declared a quarterly dividend on Friday, July 10th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.63 per share on Tuesday, September 22nd. This represents a $2.52 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend is Friday, August 28th. View Assurant's dividend history.

Assurant declared that its board has authorized a share buyback plan on Monday, November 5th 2018, which authorizes the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

3 brokerages have issued twelve-month price targets for Assurant's stock. Their forecasts range from $128.00 to $158.00. On average, they anticipate Assurant's stock price to reach $143.67 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price. View analysts' price targets for Assurant.

Media coverage about AIZ stock has trended very negative on Monday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing 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 closest to five being the most favorable. Assurant earned a news impact score of -3.2 on InfoTrie's scale. They also assigned headlines 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 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 a variety of retail and institutional investors. Top institutional investors 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 $99.78.

Assurant has a market capitalization of $5.95 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]