NYSE:AIZ - Assurant Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$106.17 -0.29 (-0.27 %)
(As of 10/22/2018 04:47 AM ET)
Previous Close$106.17
Today's Range$105.95 - $107.92
52-Week Range$84.34 - $111.43
Volume388,305 shs
Average Volume692,709 shs
Market Capitalization$6.63 billion
P/E Ratio26.68
Dividend Yield2.11%
Beta0.48
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.

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

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

Debt

Debt-to-Equity Ratio0.38
Current Ratio0.49
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio26.68
Forward P/E Ratio13.77
P/E GrowthN/A

Sales & Book Value

Annual Sales$6.42 billion
Price / Sales1.03
Cash Flow$4.4072 per share
Price / Cash24.09
Book Value$81.41 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$3.98
Net Income$519.60 million
Net Margins6.37%
Return on Equity5.62%
Return on Assets0.74%

Miscellaneous

Employees14,750
Outstanding Shares62,490,000
Market Cap$6.63 billion

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 declared a quarterly dividend on Thursday, July 12th. Stockholders of record on Monday, August 27th will be paid a dividend of $0.56 per share on Tuesday, September 18th. This represents a $2.24 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Friday, August 24th. View Assurant's Dividend History.

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings results on Tuesday, August, 7th. The financial services provider reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.35. The financial services provider earned $1.83 billion during the quarter, compared to analyst estimates of $1.77 billion. Assurant had a return on equity of 5.62% and a net margin of 6.37%. During the same quarter in the prior year, the firm earned $1.63 EPS. View Assurant's Earnings History.

When is Assurant's next earnings date?

Assurant is scheduled to release their next quarterly earnings announcement on Tuesday, November 6th 2018. View Earnings Estimates for Assurant.

How can I listen to Assurant's earnings call?

Assurant will be holding an earnings conference call on Wednesday, November 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for AIZ?

4 analysts have issued 12-month target prices for Assurant's stock. Their forecasts range from $125.00 to $136.00. On average, they anticipate Assurant's share price to reach $128.75 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Assurant.

What is the consensus analysts' recommendation for Assurant?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Assurant.

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)

Who are Assurant's major shareholders?

Assurant's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.44%), Andra AP fonden (0.10%), Nisa Investment Advisors LLC (0.08%), First Manhattan Co. (0.07%), Bank of Montreal Can (0.06%) and CHURCHILL MANAGEMENT Corp (0.05%). Company insiders that own Assurant stock include Christopher J Pagano, Gene Mergelmeyer and Tpg Advisors Vi-Aiv, Inc. 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 First Manhattan Co., Xact Kapitalforvaltning AB and Andra AP fonden. Company insiders that have sold Assurant company stock in the last year include Christopher J Pagano, Gene Mergelmeyer and Tpg Advisors Vi-Aiv, Inc. View Insider Buying and Selling for Assurant.

Which institutional investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Nisa Investment Advisors LLC, Bank of Montreal Can, Legacy Capital Partners Inc., CHURCHILL MANAGEMENT Corp, Seven Eight Capital LP, Cerebellum GP LLC and Oakbrook Investments LLC. 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 $106.17.

How big of a company is Assurant?

Assurant has a market capitalization of $6.63 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.

What is Assurant's official website?

The official website for Assurant is http://www.assurant.com.

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 (NYSE AIZ)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  143 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  441
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 10/22/2018 by MarketBeat.com Staff

Featured Article: Risk Tolerance

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.

Yahoo Gemini Pixel