NYSE:AIZ Assurant (AIZ) Stock Price, News & Analysis $192.63 +0.39 (+0.20%) (As of 03:37 PM ET) Add Compare Share Share Today's Range$192.61▼$194.8550-Day Range$161.38▼$197.2952-Week Range$137.50▼$199.50Volume131,812 shsAverage Volume350,170 shsMarket Capitalization$10.01 billionP/E Ratio13.44Dividend Yield1.50%Price Target$207.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Assurant alerts: Email Address Assurant MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside7.8% Upside$207.60 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment1.16Based on 11 Articles This WeekInsider TradingSelling Shares$370,837 Sold Last QuarterProj. Earnings Growth6.17%From $16.54 to $17.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.61 out of 5 starsFinance Sector98th out of 878 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 2 stocks 1.3 Analyst's Opinion Consensus RatingAssurant has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAssurant has only been the subject of 4 research reports in the past 90 days.Read more about Assurant's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.45% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently decreased by 17.01%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAssurant has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Assurant is 20.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Assurant will have a dividend payout ratio of 16.40% next year. This indicates that Assurant will be able to sustain or increase its dividend.Read more about Assurant's dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAssurant has received a 36.11% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life annuities", "Home insurance services for individuals", and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Assurant is -0.72. Previous Next 3.4 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Assurant this week, compared to 7 articles on an average week.Search Interest4 people have searched for AIZ on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Assurant to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Assurant insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $370,837.00 in company stock.Percentage Held by InsidersOnly 0.53% of the stock of Assurant is held by insiders.Percentage Held by Institutions92.65% of the stock of Assurant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Assurant's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Assurant are expected to grow by 6.17% in the coming year, from $16.54 to $17.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 13.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 13.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.85.Price to Earnings Growth RatioAssurant has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Assurant's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Assurant Stock (NYSE:AIZ)Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing, and condominium and homeowners insurance 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 Atlanta, Georgia.Read More AIZ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIZ Stock News HeadlinesAugust 22, 2024 | insidertrades.comAssurant, Inc. (NYSE:AIZ) CAO Sells $103,642.00 in StockSeptember 15 at 4:47 AM | americanbankingnews.comAssurant (NYSE:AIZ) Upgraded at StockNews.comSeptember 16, 2024 | Brownstone Research (Ad) My big AI project…On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.September 11, 2024 | marketwatch.comAssurant Inc. stock underperforms Tuesday when compared to competitorsSeptember 11, 2024 | finance.yahoo.comHere's How You Can Earn $100 In Passive Income By Investing In Assurant StockSeptember 11, 2024 | seekingalpha.comAssurant: Niche Markets Lead To Consistent GrowthSeptember 6, 2024 | marketwatch.comAssurant Inc. stock underperforms Friday when compared to competitorsSeptember 6, 2024 | stockhouse.comAM Best Affirms Credit Ratings of Assurant, Inc.; Its Property/Casualty Subsidiaries; and Life/Health SubsidiariesSeptember 16, 2024 | Brownstone Research (Ad) My big AI project…On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.August 30, 2024 | marketwatch.comAssurant Inc. stock underperforms Thursday when compared to competitors despite daily gainsAugust 30, 2024 | marketwatch.comAssurant Inc. stock rises Friday, still underperforms marketAugust 28, 2024 | marketwatch.comAssurant Inc. stock underperforms Tuesday when compared to competitors despite daily gainsAugust 23, 2024 | msn.comPiper Sandler Downgrades Assurant (AIZ)August 22, 2024 | msn.comAssurant cut to Neutral at Piper as catalysts largely played outAugust 22, 2024 | markets.businessinsider.comAssurant Hold Rating: Modest Growth and Fair Valuation Amidst RisksAugust 20, 2024 | businesswire.comU.S. Consumers Holding Onto their Mobile Devices Longer than EverAugust 19, 2024 | marketwatch.comAssurant Inc. stock rises Monday, still underperforms marketAugust 15, 2024 | insidermonkey.comAssessing Assurant, Inc. (AIZ) in the Rising Auto Insurance Market: A Comparative AnalysisSee More Headlines Receive AIZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Assurant and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/24 Dividend6/10/2024Dividend Payable6/24/2024Last Earnings8/06/2024Ex-Dividend for 9/30 Dividend9/03/2024Today9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Insurance carriers, not elsewhere classified Sub-IndustryMulti-line Insurance Current SymbolNYSE:AIZ CUSIP04621X10 CIK1267238 Webwww.assurant.com Phone(770) 763-1000Fax212-859-5893Employees13,600Year FoundedN/APrice Target and Rating Average Stock Price Target$207.60 High Stock Price Target$222.00 Low Stock Price Target$194.00 Potential Upside/Downside+7.1%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$14.33 Trailing P/E Ratio13.53 Forward P/E Ratio11.72 P/E Growth1.6Net Income$642.50 million Net Margins6.90% Pretax Margin8.49% Return on Equity19.63% Return on Assets2.82% Debt Debt-to-Equity Ratio0.42 Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$11.56 billion Price / Sales0.87 Cash Flow$20.05 per share Price / Cash Flow9.67 Book Value$91.45 per share Price / Book2.12Miscellaneous Outstanding Shares51,986,000Free Float51,710,000Market Cap$10.08 billion OptionableOptionable Beta0.57 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Keith Warner Demmings (Age 51)President, CEO & Director Comp: $3.66MMr. Keith Roland Meier (Age 54)Executive VP & CFO Comp: $1.83MMs. Francesca L. Luthi (Age 48)Executive VP & COO Comp: $1.54MMr. Robert A. Lonergan (Age 47)Executive VP and Chief Marketing & Risk Officer Comp: $1.41MMr. Michael P. Campbell (Age 56)Executive VP & President of Global Housing Comp: $1.42MMr. Vadim LipovetskyChief Investment OfficerMr. Dimitry DiRienzo (Age 47)Senior VP, Chief Accounting Officer & Controller Mr. Joseph A. Surber IIISenior VP & Global Technology OfficerMr. Sean MoshierVice President of Investor RelationsMr. Jay E. Rosenblum (Age 57)Executive VP & Chief Legal Officer More ExecutivesKey CompetitorsThe Hartford Financial Services GroupNYSE:HIGLoewsNYSE:LAmerican Financial GroupNYSE:AFGKemperNYSE:KMPRGenworth FinancialNYSE:GNWView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 2,746 shares on 9/5/2024Ownership: 0.005%Cetera Investment AdvisersBought 1,369 shares on 8/22/2024Ownership: 0.028%Truist Financial CorpSold 4,004 shares on 8/21/2024Ownership: 0.008%Dimitry DirienzoSold 550 sharesTotal: $103,642.00 ($188.44/share)Systematic Financial Management LPSold 90 shares on 8/16/2024Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions AIZ Stock Analysis - Frequently Asked Questions How have AIZ shares performed this year? Assurant's stock was trading at $168.49 at the beginning of 2024. Since then, AIZ stock has increased by 14.3% and is now trading at $192.63. View the best growth stocks for 2024 here. How were Assurant's earnings last quarter? Assurant, Inc. (NYSE:AIZ) announced its quarterly earnings data on Tuesday, August, 6th. The financial services provider reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.50. The company's quarterly revenue was up 7.1% compared to the same quarter last year. Read the conference call transcript. How will Assurant's stock buyback program work? Assurant's board authorized a share repurchase plan on Thursday, November 9th 2023, which allows the company to buy back $600,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 7.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued. Who are Assurant's major shareholders? Assurant's top institutional shareholders include Bank of New York Mellon Corp (4.08%), Massachusetts Financial Services Co. MA (2.70%), AQR Capital Management LLC (2.00%) and Dimensional Fund Advisors LP (1.34%). Insiders that own company stock include Richard S Dziadzio, Michael P Campbell, Robert Lonergan, Francesca Luthi, Jay Rosenblum, Martin Jenns, Dimitry Dirienzo and Alan B Colberg. View institutional ownership trends. How do I buy shares of Assurant? Shares of AIZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Assurant own? Based on aggregate information from My MarketBeat watchlists, some other companies that Assurant investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC) and Johnson & Johnson (JNJ). This page (NYSE:AIZ) was last updated on 9/16/2024 by MarketBeat.com Staff From Our PartnersBiden's Executive Order, Dems Digital Money Legislation, First Step ToDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans...Monetary Gold | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredIntroducing the PerceptronOn Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. Th...Brownstone Research | SponsoredBREAKING NEWS: AI Tech Now Used to Stop School ShootersTwo seconds. That's all it takes for Knightscope's Automated Gunshot Detection to notify authorities and map a...Market JAR | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | SponsoredPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dav...American Hartford Gold Group | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Assurant, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Assurant With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free AIZ Stock Alerts