NYSE:AIZ Assurant (AIZ) Stock Price, News & Analysis → Automatic Income (from home) (From Awesomely, LLC) (Ad) Free AIZ Stock Alerts $175.60 +0.12 (+0.07%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$175.17▼$176.5650-Day Range$170.08▼$188.2452-Week Range$118.45▼$189.48Volume372,774 shsAverage Volume347,127 shsMarket Capitalization$9.13 billionP/E Ratio12.25Dividend Yield1.64%Price Target$200.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Assurant alerts: Email Address Assurant MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside14.0% Upside$200.25 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment0.94Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth5.01%From $16.17 to $16.98 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.4.74 out of 5 starsFinance Sector85th out of 866 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 3 stocks 2.4 Analyst's Opinion Consensus RatingAssurant has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAssurant has only been the subject of 2 research reports in the past 90 days.Read more about Assurant's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.70% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently decreased by 0.99%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.64%, 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 16.96% 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 3.3 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 0.94. 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 19 news articles for Assurant this week, compared to 7 articles on an average week.Search Interest5 people have searched for AIZ on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Assurant to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Assurant insiders have not sold or bought any 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 5.01% in the coming year, from $16.17 to $16.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 12.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 12.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 38.81.Price to Earnings Growth RatioAssurant has a PEG Ratio of 1.75. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 1.86. 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 Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. 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 HeadlinesMay 17 at 4:16 AM | americanbankingnews.comAssurant (NYSE:AIZ) PT Raised to $186.00 at Keefe, Bruyette & WoodsMay 16 at 8:30 AM | businesswire.comAssurant Awarded on the Forbes Best Employers for Diversity 2024 ListMay 14, 2024 | finance.yahoo.comAssurant® TechPro Provides the Multifamily Housing Industry’s First Tech Support Solution for Property Managers and ResidentsMay 14, 2024 | businesswire.comAssurant® TechPro Provides the Multifamily Housing Industry's First Tech Support Solution for Property Managers and ResidentsMay 13, 2024 | finance.yahoo.comEarnings Beat: Assurant, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsMay 13, 2024 | markets.businessinsider.comAssurant (AIZ) Receives a Rating Update from a Top AnalystMay 13, 2024 | americanbankingnews.comResearch Analysts Issue Forecasts for Assurant, Inc.'s Q2 2024 Earnings (NYSE:AIZ)May 12, 2024 | bizjournals.comAssurant to move in 78,000-square-foot Miami officeMay 11, 2024 | americanbankingnews.comAssurant, Inc. Expected to Post FY2024 Earnings of $16.50 Per Share (NYSE:AIZ)May 9, 2024 | finance.yahoo.comHere's Why We Think Assurant (NYSE:AIZ) Is Well Worth WatchingMay 9, 2024 | finance.yahoo.comAssurant, Inc. (NYSE:AIZ) Q1 2024 Earnings Call TranscriptMay 8, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Assurant (AIZ) and Upstart Holdings (UPST)May 8, 2024 | seekingalpha.comAssurant, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | markets.businessinsider.comAIZ Stock Earnings: Assurant Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | markets.businessinsider.comAssurant Inc Q1 Profit Increases, beats estimatesMay 7, 2024 | businesswire.comAssurant Reports First Quarter 2024 Financial ResultsApril 29, 2024 | bizjournals.comInsurance company with 1,500 local staff to move in office near Miami airportApril 28, 2024 | finance.yahoo.comAssurant, Inc. (AIZ)April 18, 2024 | businesswire.comAssurant Announces Device Trade-in Service for Lloyds Banking GroupApril 18, 2024 | finance.yahoo.comNH iPhone Repair Transitions to CPR Cell Phone Repair, Elevating Mobile Device Services Across New HampshireApril 16, 2024 | finance.yahoo.comAssurant, Inc. (AIZ) Interactive Stock Chart - Yahoo FinanceApril 10, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: AFLAC (AFL) and Assurant (AIZ)April 5, 2024 | markets.businessinsider.comPeeling Back The Layers: Exploring Assurant Through Analyst InsightsApril 4, 2024 | businesswire.comAssurant Acquires Leading UK Tech Repair Retailer, iSmashApril 3, 2024 | businesswire.comAssurant to Announce First Quarter 2024 Financial ResultsSee 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 Last Earnings11/01/2023Ex-Dividend for 3/25 Dividend2/02/2024Dividend Payable3/25/2024Today5/18/2024Next Earnings (Estimated)8/06/2024Fiscal 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$200.25 High Stock Price Target$205.00 Low Stock Price Target$186.00 Potential Upside/Downside+14.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$14.33 Trailing P/E Ratio12.25 Forward P/E Ratio10.86 P/E Growth1.75Net Income$642.50 million Net Margins6.73% Pretax Margin8.38% Return on Equity20.08% Return on Assets2.82% Debt Debt-to-Equity Ratio0.42 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$11.13 billion Price / Sales0.82 Cash Flow$19.58 per share Price / Cash Flow8.97 Book Value$94.64 per share Price / Book1.86Miscellaneous Outstanding Shares51,990,000Free Float51,710,000Market Cap$9.13 billion OptionableOptionable Beta0.53 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsBrookfield ReinsuranceNYSE:BNREJones Lang LaSalleNYSE:JLLBanco Santander-ChileNYSE:BSACHoulihan LokeyNYSE:HLISEI InvestmentsNASDAQ:SEICView All CompetitorsInsiders & InstitutionsComerica BankSold 1,901 shares on 5/17/2024Ownership: 0.041%Tidal Investments LLCBought 6,460 shares on 5/17/2024Ownership: 0.017%iA Global Asset Management Inc.Sold 258 shares on 5/17/2024Ownership: 0.006%Walleye Trading LLCSold 4,800 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemBought 77 shares on 5/16/2024Ownership: 0.163%View All Insider TransactionsView All Institutional Transactions AIZ Stock Analysis - Frequently Asked Questions Should I buy or sell Assurant stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assurant in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIZ shares. View AIZ analyst ratings or view top-rated stocks. What is Assurant's stock price target for 2024? 4 brokerages have issued 12 month price objectives for Assurant's stock. Their AIZ share price targets range from $186.00 to $205.00. On average, they predict the company's share price to reach $200.25 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View analysts price targets for AIZ or view top-rated stocks among Wall Street analysts. How have AIZ shares performed in 2024? Assurant's stock was trading at $168.49 at the start of the year. Since then, AIZ shares have increased by 4.2% and is now trading at $175.60. View the best growth stocks for 2024 here. When is Assurant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our AIZ earnings forecast. How were Assurant's earnings last quarter? Assurant, Inc. (NYSE:AIZ) announced its earnings results on Wednesday, November, 1st. The financial services provider reported $4.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $1.81. The financial services provider earned $2.77 billion during the quarter, compared to the consensus estimate of $2.70 billion. Assurant had a net margin of 6.73% and a trailing twelve-month return on equity of 20.08%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 EPS. Read the conference call transcript. How often does Assurant pay dividends? What is the dividend yield for Assurant? Assurant announced a quarterly dividend on Thursday, January 18th. Stockholders of record on Monday, February 5th will be paid a dividend of $0.72 per share on Monday, March 25th. This represents a $2.88 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, February 2nd. Read our dividend analysis for AIZ. Is Assurant a good dividend stock? Assurant (NYSE:AIZ) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.64%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIZ will have a dividend payout ratio of 16.96% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIZ. What ETFs hold Assurant's stock? ETFs with the largest weight of Assurant (NYSE:AIZ) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), SPDR S&P Insurance ETF (KIE), Nuveen ESG Mid-Cap Value ETF (NUMV), Invesco S&P 500 Equal Weight Financials ETF (RSPF), iShares U.S. Insurance ETF (IAK), FlexShares US Quality Low Volatility Index Fund (QLV), Fidelity Low Volatility Factor ETF (FDLO) and Arrow Reverse Cap 500 ETF (YPS). How will Assurant's stock buyback program work? Assurant announced that its Board of Directors has initiated a stock buyback plan on Thursday, November 9th 2023, which allows the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued. What is Alan Colberg's approval rating as Assurant's CEO? 400 employees have rated Assurant Chief Executive Officer Alan Colberg on Glassdoor.com. Alan Colberg has an approval rating of 84% among the company's employees. 65.0% of employees surveyed would recommend working at Assurant to a friend. What other stocks do shareholders of Assurant own? Based on aggregate information from My MarketBeat watchlists, some companies that other Assurant investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), AbbVie (ABBV), Endologix (ELGX), Intel (INTC), Johnson & Johnson (JNJ), Accenture (ACN), Micron Technology (MU) and Abbott Laboratories (ABT). Who are Assurant's major shareholders? Assurant's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.01%), Bank of New York Mellon Corp (4.09%), Price T Rowe Associates Inc. MD (1.91%), TD Asset Management Inc (0.90%), Los Angeles Capital Management LLC (0.48%) and Nordea Investment Management AB (0.46%). Insiders that own company stock include Alan B Colberg, Dimitry Dirienzo, Francesca Luthi, Gene Mergelmeyer, Jay Rosenblum, Richard S Dziadzio and Robert Lonergan. 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. This page (NYSE:AIZ) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceBill Clinton Backing Biden Replacement???The Freeport SocietyUrgent Nvidia WarningAltimetryForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the Markets 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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.
