Assurant, Inc. (NYSE:AIZ – Get Free Report) has been given a consensus rating of “Moderate Buy” by the four research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $199.25.
A number of brokerages have recently issued reports on AIZ. Piper Sandler boosted their target price on shares of Assurant from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Friday, April 5th. Keefe, Bruyette & Woods downgraded shares of Assurant from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from $170.00 to $182.00 in a report on Monday, February 12th. Finally, UBS Group increased their target price on shares of Assurant from $191.00 to $205.00 and gave the stock a “buy” rating in a research report on Monday, February 12th.
Read Our Latest Analysis on AIZ
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Assurant Trading Up 0.8 %
Shares of NYSE:AIZ opened at $176.08 on Friday. Assurant has a 12-month low of $118.45 and a 12-month high of $189.48. The business has a 50 day moving average of $178.76 and a 200-day moving average of $169.92. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $9.15 billion, a PE ratio of 14.70, a P/E/G ratio of 2.21 and a beta of 0.53.
Assurant (NYSE:AIZ – Get Free Report) last released its quarterly earnings results 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. Assurant had a return on equity of 18.36% and a net margin of 5.77%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.78 billion. As a group, equities research analysts forecast that Assurant will post 15.67 earnings per share for the current year.
Assurant Company Profile
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.
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