NYSE:AIZ - Assurant Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$99.60 +4.37 (+4.59 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$95.23
Today's Range$94.68 - $99.84
52-Week Range$84.34 - $106.99
Volume2.00 million shs
Average Volume608,275 shs
Market Capitalization$5.03 billion
P/E Ratio23.93
Dividend Yield2.35%
Beta0.53
Assurant logoAssurant, 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.

Receive AIZ News and Ratings via Email

Sign-up to receive the latest news and ratings for AIZ and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Accident & health insurance
Sub-IndustryMulti-line Insurance
SectorFinance
SymbolNYSE:AIZ
CUSIP04621X10
Phone212-859-7000

Debt

Debt-to-Equity Ratio0.45
Current Ratio0.62
Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio23.93
Forward P/E Ratio13.21
P/E Growth0.65

Sales & Book Value

Annual Sales$6.42 billion
Price / Sales0.82
Cash Flow$4.5962 per share
Price / Cash21.67
Book Value$81.41 per share
Price / Book1.22

Profitability

EPS (Most Recent Fiscal Year)$3.98
Net Income$519.60 million
Net Margins7.41%
Return on Equity5.17%
Return on Assets0.70%

Miscellaneous

Employees14,750
Outstanding Shares52,690,000

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, May 11th. Stockholders of record on Tuesday, May 29th will be given a dividend of $0.56 per share on Tuesday, June 19th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, May 25th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) released its earnings results on Thursday, May, 3rd. The financial services provider reported $2.14 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.89 by $0.25. The financial services provider had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.59 billion. Assurant had a net margin of 7.41% and a return on equity of 5.17%. The company's revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.88 EPS. View Assurant's Earnings History.

When is Assurant's next earnings date?

Assurant is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Assurant.

What price target have analysts set for AIZ?

2 brokers have issued 1 year price targets for Assurant's stock. Their predictions range from $115.00 to $127.00. On average, they anticipate Assurant's share price to reach $121.00 in the next year. View Analyst Ratings for Assurant.

Are investors shorting Assurant?

Assurant saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,062,833 shares, an increase of 48.4% from the May 15th total of 1,390,054 shares. Based on an average daily volume of 931,532 shares, the short-interest ratio is currently 2.2 days. Approximately 4.0% of the company's shares are short sold.

Who are some of Assurant's key competitors?

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 Edward Mergelmeyer, Exec. VP & COO (Age 59)
  • Mr. Ajay Waghray, Exec. VP & CTO (Age 56)
  • Mr. Christopher John Pagano, Exec. VP & Chief Risk Officer (Age 54)

Has Assurant been receiving favorable news coverage?

News headlines about AIZ stock have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Assurant earned a media sentiment score of 0.13 on Accern's scale. They also gave news articles about the financial services provider an impact score of 47.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Assurant's major shareholders?

Assurant's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.16%), Dimensional Fund Advisors LP (3.76%), LSV Asset Management (3.31%), Wedge Capital Management L L P NC (2.21%), Neuberger Berman Group LLC (1.86%) and Massachusetts Financial Services Co. MA (1.38%). Company insiders that own Assurant stock include Christopher J Pagano, John Andrew Sondej and Robert W Stein. View Institutional Ownership Trends for Assurant.

Which institutional investors are selling Assurant stock?

AIZ stock was sold by a variety of institutional investors in the last quarter, including Burney Co., Russell Investments Group Ltd., O Shaughnessy Asset Management LLC, Neuberger Berman Group LLC, Wedge Capital Management L L P NC, Hsbc Holdings PLC, Sei Investments Co. and Natixis. View Insider Buying and Selling for Assurant.

Which institutional investors are buying Assurant stock?

AIZ stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Massachusetts Financial Services Co. MA, Schwab Charles Investment Management Inc., JPMorgan Chase & Co., Interval Partners LP, Barclays PLC, Stevens Capital Management LP and Engineers Gate Manager LP. View Insider Buying and Selling for Assurant.

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 $99.60.

How big of a company is Assurant?

Assurant has a market capitalization of $5.03 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)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  380
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.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.