NYSE:AIZ Assurant (AIZ) Stock Price, News & Analysis → The Small Biotech with a BIG Cancer Solution (From Behind the Markets) (Ad) Free AIZ Stock Alerts $187.41 +4.14 (+2.26%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$184.51▼$187.4450-Day Range$166.58▼$187.4152-Week Range$113.95▼$187.44Volume320,178 shsAverage Volume369,150 shsMarket Capitalization$9.74 billionP/E Ratio15.64Dividend Yield1.54%Price Target$189.60 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/Downside1.2% Upside$189.60 Price TargetShort InterestHealthy1.31% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment1.05Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth7.74%From $16.02 to $17.26 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.4.55 out of 5 starsFinance Sector145th out of 844 stocksInsurance Carriers, Not Elsewhere Classified Industry1st out of 3 stocks 1.4 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $189.60, Assurant has a forecasted upside of 1.2% from its current price of $187.41.Amount of Analyst CoverageAssurant has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.31% of the float of Assurant has been sold short.Short Interest Ratio / Days to CoverAssurant has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Assurant has recently decreased by 1.70%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldAssurant pays a meaningful dividend of 1.59%, 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 24.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Assurant will have a dividend payout ratio of 16.69% next year. This indicates that Assurant will be able to sustain or increase its 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Assurant this week, compared to 7 articles on an average week.Search InterestOnly 5 people have searched for AIZ on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.MarketBeat FollowsOnly 7 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 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 0.51% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Assurant are expected to grow by 7.74% in the coming year, from $16.02 to $17.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Assurant is 15.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Assurant is 15.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.81.Price to Earnings Growth RatioAssurant has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAssurant has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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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 HeadlinesMarch 26, 2024 | finance.yahoo.comAssurant Recognized by Fortune as One of America’s Most Innovative Companies 2024March 26, 2024 | businesswire.comAssurant Recognized by Fortune as One of America's Most Innovative Companies 2024March 28, 2024 | Huge Alerts (Ad)Trending Stocks Sent To You In Real Time Sign up today and get instant access to our next stock alert! You do not want to miss out on this next pick! Our stock picks have been known to soar! March 23, 2024 | americanbankingnews.comAssurant, Inc. (NYSE:AIZ) to Post Q3 2025 Earnings of $4.38 Per Share, Zacks Research ForecastsMarch 22, 2024 | americanbankingnews.comZacks Research Comments on Assurant, Inc.'s Q2 2024 Earnings (NYSE:AIZ)March 18, 2024 | nasdaq.comAIZ Quantitative Stock AnalysisMarch 14, 2024 | finance.yahoo.comCPR Cell Phone Repair Welcomes New Store in Huntington Station, NYMarch 13, 2024 | finance.yahoo.comAre Finance Stocks Lagging AMERISAFE (AMSF) This Year?March 28, 2024 | DTI (Ad)CBOE shift unlocks new weekend income strategyYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. You're probably wondering, “Okay… But how does that affect me?” This perk now allows everyday traders like yourself to target extra income over the weekend. March 4, 2024 | finance.yahoo.comEthisphere Names Assurant One of the 2024 World’s Most Ethical Companies®March 4, 2024 | businesswire.comEthisphere Names Assurant One of the 2024 World's Most Ethical Companies®February 25, 2024 | finance.yahoo.comCPR Cell Phone Repair Debuts New Store in Chula Vista, CAFebruary 22, 2024 | finance.yahoo.comAssurant Earns Great Place to Work Certification™ in the U.S. for the Third YearFebruary 22, 2024 | businesswire.comAssurant Earns Great Place to Work Certification™ in the U.S. for the Third YearFebruary 20, 2024 | tmcnet.comAssurant Named on the Forbes America's Best Employers 2024 ListFebruary 20, 2024 | finance.yahoo.comAssurant Named on the Forbes America’s Best Employers 2024 ListFebruary 20, 2024 | businesswire.comAssurant Named on the Forbes America's Best Employers 2024 ListFebruary 19, 2024 | finance.yahoo.comAIZ Mar 2024 80.000 putFebruary 17, 2024 | finance.yahoo.comAIZ Mar 2024 165.000 callFebruary 15, 2024 | finance.yahoo.comRecord High $4.3 Billion Returned to U.S. Consumers Through Mobile Trade-In Programs in 2023February 15, 2024 | businesswire.comRecord High $4.3 Billion Returned to U.S. Consumers Through Mobile Trade-In Programs in 2023February 14, 2024 | prnewswire.comLexitas Announces Appointment of Sriram Venkateswaran as Chief Financial OfficerFebruary 12, 2024 | realmoney.thestreet.comAssurant just downgraded at Keefe Bruyette, here's whyFebruary 8, 2024 | finance.yahoo.comAssurant, Inc. (NYSE:AIZ) Q4 2023 Earnings Call TranscriptFebruary 8, 2024 | finance.yahoo.comAssurant, Inc. (AIZ) Hits Fresh High: Is There Still Room to Run?February 8, 2024 | finance.yahoo.comAre Finance Stocks Lagging Brown & Brown (BRO) This Year?February 8, 2024 | finance.yahoo.comQ4 2023 Assurant Inc Earnings CallSee 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 Dividend2/02/2024Last Earnings2/06/2024Dividend Payable3/25/2024Today3/27/2024Next Earnings (Estimated)5/07/2024Fiscal 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$189.60 High Stock Price Target$205.00 Low Stock Price Target$164.00 Potential Upside/Downside+1.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$11.98 Trailing P/E Ratio15.64 Forward P/E Ratio11.70 P/E Growth2.21Net Income$642.50 million Net Margins5.77% Pretax Margin7.25% Return on Equity18.36% Return on Assets2.51% Debt Debt-to-Equity Ratio0.43 Current Ratio0.41 Quick Ratio0.41 Sales & Book Value Annual Sales$11.13 billion Price / Sales0.88 Cash Flow$20.22 per share Price / Cash Flow9.27 Book Value$91.45 per share Price / Book2.05Miscellaneous Outstanding Shares51,980,000Free Float51,713,000Market Cap$9.74 billion OptionableOptionable Beta0.50 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Keith Warner Demmings (Age 51)President, CEO & Director Comp: $2.45MMr. Keith Roland Meier (Age 54)Executive VP & CFO Comp: $1.23MMs. Francesca L. Luthi (Age 47)Executive VP & COO Comp: $1.09MMr. Robert A. Lonergan (Age 46)Executive VP and Chief Marketing & Risk Officer Comp: $1.03MMr. Vadim LipovetskyChief Investment OfficerMr. Dimitry DiRienzo (Age 48)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 Ms. Stacie ShererVice President of Corporate CommunicationsMore ExecutivesKey CompetitorsBrookfield ReinsuranceNYSE:BNREJefferies Financial GroupNYSE:JEFBoston PropertiesNYSE:BXPHealthpeak PropertiesNYSE:PEAKCubeSmartNYSE:CUBEView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 13,932 shares on 3/25/2024Ownership: 0.060%PNC Financial Services Group Inc.Sold 167 shares on 3/22/2024Ownership: 0.013%Vanguard Group Inc.Sold 193,666 shares on 3/11/2024Ownership: 13.094%Wellington Management Group LLPSold 217,479 shares on 3/5/2024Ownership: 0.810%Goldman Sachs Group Inc.Bought 19,839 shares on 3/1/2024Ownership: 0.492%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 Wall Street analysts have issued 1-year target prices for Assurant's stock. Their AIZ share price targets range from $164.00 to $205.00. On average, they anticipate the company's stock price to reach $189.60 in the next twelve months. This suggests a possible upside of 1.2% 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 11.2% and is now trading at $187.41. View the best growth stocks for 2024 here. Are investors shorting Assurant? Assurant saw a increase in short interest in February. As of February 15th, there was short interest totaling 703,100 shares, an increase of 39.0% from the January 31st total of 505,700 shares. Based on an average daily volume of 401,200 shares, the short-interest ratio is presently 1.8 days. Approximately 1.4% of the company's shares are sold short. View Assurant's Short Interest. When is Assurant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our AIZ earnings forecast. How were Assurant's earnings last quarter? Assurant, Inc. (NYSE:AIZ) posted its quarterly earnings data on Tuesday, February, 6th. The financial services provider reported $4.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.88. The financial services provider had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.78 billion. Assurant had a net margin of 5.77% and a trailing twelve-month return on equity of 18.36%. 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 1.54%. 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 1.59%. 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 24.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIZ will have a dividend payout ratio of 16.69% 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), Invesco S&P 500 Equal Weight Financials ETF (RSPF), Nuveen ESG Mid-Cap Value ETF (NUMV), Invesco S&P 500 Equal Weight Financials ETF (RYF), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Pure Value ETF (RPV) and Fidelity Low Volatility Factor ETF (FDLO). How will Assurant's stock buyback program work? Assurant announced that its board has initiated a stock buyback plan 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 buy up to 7.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.94%), Vanguard Group Inc. (13.09%), Massachusetts Financial Services Co. MA (2.77%), Price T Rowe Associates Inc. MD (1.96%), Lyrical Asset Management LP (1.49%) and Northern Trust Corp (1.40%). 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. 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