NYSE:AIZ Assurant (AIZ) Stock Price, News & Analysis → Does this make you sick? (From Allegiance Gold) (Ad) Free AIZ Stock Alerts $173.47 +2.90 (+1.70%) (As of 05/31/2024 06:40 PM ET) Add Compare Share Share Today's Range$170.60▼$173.5050-Day Range$166.76▼$188.2452-Week Range$118.45▼$189.48Volume810,100 shsAverage Volume358,805 shsMarket Capitalization$9.02 billionP/E Ratio12.11Dividend Yield1.66%Price Target$200.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Assurant alerts: Email Address Assurant MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside15.4% Upside$200.25 Price TargetShort InterestHealthy1.74% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment1.05Based on 5 Articles This WeekInsider TradingSelling Shares$2.25 M Sold Last QuarterProj. Earnings Growth2.71%From $16.21 to $16.65 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.4.64 out of 5 starsFinance Sector155th out of 875 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 2 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 3.0 Short Interest Percentage of Shares Shorted1.74% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently increased by 2.32%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.66%, 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 17.30% 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 2.8 News and Social Media Coverage News SentimentAssurant has a news sentiment score of 1.05. 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 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Assurant this week, compared to 7 articles on an average week.Search Interest7 people have searched for AIZ on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Assurant to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $2,248,489.00 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 2.71% in the coming year, from $16.21 to $16.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.38.Price to Earnings Growth RatioAssurant has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 1.83. 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 Priority GoldAlert: Your Bank is Dying – Act Now or Lose Everything!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.Click here for your free guide 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 23, 2024 | insidertrades.comAssurant, Inc. (NYSE:AIZ) EVP Sells $226,048.40 in StockMay 22, 2024 | insidertrades.comDimitry Dirienzo Sells 2,084 Shares of Assurant, Inc. (NYSE:AIZ) StockMay 21, 2024 | insidertrades.comAssurant, Inc. (NYSE:AIZ) Insider Sells $475,524.00 in StockMay 21, 2024 | insidertrades.comAssurant, Inc. (NYSE:AIZ) COO Sells $1,181,612.00 in StockMay 30, 2024 | businesswire.com$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024May 25, 2024 | americanbankingnews.comAssurant, Inc. (AIZ) To Go Ex-Dividend on June 10thMay 24, 2024 | americanbankingnews.comAssurant, Inc. (NYSE:AIZ) EVP Michael P. Campbell Sells 1,304 SharesMay 24, 2024 | americanbankingnews.comAssurant, Inc. to Post Q3 2024 Earnings of $2.74 Per Share, Zacks Research Forecasts (NYSE:AIZ)May 23, 2024 | msn.comAssurant declares $0.72 dividendMay 23, 2024 | businesswire.comAssurant Board of Directors Declares Quarterly Dividend of $0.72 per Common ShareMay 22, 2024 | finance.yahoo.comInsider Sale: EVP, President of Global Housing Michael Campbell Sells 11,000 Shares of Assurant ...May 20, 2024 | gurufocus.comInsider Sale: EVP, COO Francesca Luthi Sells 6,700 Shares of Assurant Inc (AIZ)May 16, 2024 | 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 12, 2024 | bizjournals.comAssurant to move in 78,000-square-foot Miami officeMay 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 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 Ex-Dividend for 3/25 Dividend2/02/2024Dividend Payable3/25/2024Last Earnings5/07/2024Today6/02/2024Ex-Dividend for 6/24 Dividend6/10/2024Dividend Payable6/24/2024Next 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+15.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$14.33 Trailing P/E Ratio12.11 Forward P/E Ratio10.70 P/E Growth1.73Net 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 / Sales0.81 Cash Flow$19.58 per share Price / Cash Flow8.86 Book Value$94.64 per share Price / Book1.83Miscellaneous Outstanding Shares51,990,000Free Float51,710,000Market Cap$9.02 billion OptionableOptionable Beta0.53 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 & InstitutionsBoston PartnersSold 3,149 shares on 5/28/2024Ownership: 0.094%Teachers Retirement System of The State of KentuckySold 292 shares on 5/28/2024Ownership: 0.008%Cetera Investment AdvisersBought 10,587 shares on 5/24/2024Ownership: 0.025%Cetera Advisors LLCBought 2,778 shares on 5/24/2024Ownership: 0.012%Swedbank ABBought 1,436 shares on 5/21/2024Ownership: 0.003%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 research 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 research 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 brokers have issued 1 year price objectives for Assurant's stock. Their AIZ share price targets range from $186.00 to $205.00. On average, they expect the company's share price to reach $200.25 in the next twelve months. This suggests a possible upside of 15.4% 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 stock has increased by 3.0% and is now trading at $173.47. 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) posted its quarterly earnings results on Tuesday, May, 7th. The financial services provider reported $4.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.87 by $0.91. The financial services provider earned $2.89 billion during the quarter, compared to the consensus estimate of $2.82 billion. Assurant had a trailing twelve-month return on equity of 20.08% and a net margin of 6.73%. How often does Assurant pay dividends? What is the dividend yield for Assurant? Assurant announced a quarterly dividend on Thursday, May 23rd. Shareholders of record on Monday, June 10th will be given a dividend of $0.72 per share on Monday, June 24th. This represents a $2.88 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Monday, June 10th. 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 1.66%. 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 17.30% 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 BTD Capital Fund (DIP), Invesco KBW Property & Casualty Insurance ETF (KBWP), SPDR S&P Insurance ETF (KIE), Nuveen ESG Mid-Cap Value ETF (NUMV), iShares U.S. Insurance ETF (IAK), Victoryshares Dividend Accelerator ETF (VSDA), FlexShares US Quality Low Volatility Index Fund (QLV) and Arrow Reverse Cap 500 ETF (YPS). How will Assurant's stock buyback program work? Assurant declared that its board has authorized a share buyback program on Thursday, November 9th 2023, which authorizes the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are 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 a number of retail and institutional investors. Top institutional investors 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, Jay Rosenblum, Michael P Campbell, 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 6/3/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldAlert: Your Bank is Dying – Act Now or Lose Everything!Priority GoldNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss RatingsNext President (Not Trump. 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