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

$125.78
+0.24 (+0.19 %)
(As of 10/14/2019 07:44 AM ET)
Today's Range
$125.65
Now: $125.78
$126.83
50-Day Range
$119.43
MA: $124.50
$127.44
52-Week Range
$82.31
Now: $125.78
$127.76
Volume282,091 shs
Average Volume423,471 shs
Market Capitalization$7.69 billion
P/E Ratio21.69
Dividend Yield1.91%
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; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other products. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.06 billion
Cash Flow$6.71 per share
Book Value$82.69 per share

Profitability

Net Income$251 million

Miscellaneous

Employees14,750
Market Cap$7.69 billion
Next Earnings Date11/5/2019 (Confirmed)
OptionableOptionable

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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 Friday, July 19th. Stockholders 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 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Friday, August 23rd. View Assurant's Dividend History.

How will Assurant's stock buyback program work?

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

How were Assurant's earnings last quarter?

Assurant, Inc. (NYSE:AIZ) issued its 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 had revenue of $2.55 billion for 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 firm's revenue for the quarter was up 39.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.13 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 5th 2019. View Earnings Estimates for Assurant.

How can I listen to Assurant's earnings call?

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.

What price target have analysts set for AIZ?

3 equities research analysts have issued twelve-month price objectives for Assurant's stock. Their forecasts range from $130.00 to $154.00. On average, they anticipate Assurant's share price to reach $143.00 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Assurant.

What is the consensus analysts' recommendation 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.

Has Assurant been receiving favorable news coverage?

Media stories about AIZ stock have trended negative on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -2.6 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Assurant.

Are investors shorting Assurant?

Assurant saw a increase in short interest in 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 short-interest ratio is presently 3.4 days. Currently, 2.8% of the shares of the stock are short sold. View Assurant's Current Options Chain.

Who are some of Assurant's key competitors?

What other stocks do shareholders of Assurant own?

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).

Who are Assurant's key executives?

Assurant's management team includes the folowing people:
  • Mr. Alan B. Colberg, Pres, CEO & Director (Age 57)
  • Mr. Richard Steven Dziadzio, Exec. VP & CFO (Age 55)
  • Mr. Gene Edward Mergelmeyer, Exec. VP & COO (Age 60)
  • Mr. Eric Greenman CFA, Chief Investment Officer & Exec. VP
  • Mr. Daniel A. Pacicco, Sr. VP, Chief Accounting Officer & Controller

Who are Assurant's major shareholders?

Assurant's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.22%), Crossmark Global Holdings Inc. (0.03%), CX Institutional (0.03%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%) and Cerebellum GP LLC (0.00%). 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.

Which institutional investors are selling Assurant stock?

AIZ stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Hennessy Advisors Inc., Cerebellum GP LLC and Cerebellum GP 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.

Which institutional investors are buying Assurant stock?

AIZ stock was purchased by a variety of institutional investors in the last quarter, including CX Institutional, Pacer Advisors Inc. and Crossmark Global Holdings Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Assurant's stock price today?

One share of AIZ stock can currently be purchased for approximately $125.78.

How big of a company is Assurant?

Assurant has a market capitalization of $7.69 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.

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:  1.9 out of 5 (star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  537
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 10/14/2019 by MarketBeat.com Staff

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