Assurant, Inc. (AIZ)

NYSE: AIZ · IEX Real-Time Price · USD
145.27
-2.48 (-1.68%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.68%
Market Cap 7.73B
Revenue (ttm) 10.21B
Net Income (ttm) 1.20B
Shares Out 53.21M
EPS (ttm) 8.48
PE Ratio 17.13
Forward PE 9.94
Dividend $2.72 (1.87%)
Ex-Dividend Date Aug 26, 2022
Volume 512,666
Open 148.13
Previous Close 147.75
Day's Range 145.02 - 149.35
52-Week Range 144.18 - 194.12
Beta 0.55
Analysts Buy
Price Target 201.96 (+39.0%)
Earnings Date Oct 31, 2022

About AIZ

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect 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 products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. T... [Read more...]

Industry Insurance
Founded 1892
CEO Alan Colberg
Employees 15,600
Stock Exchange NYSE
Ticker Symbol AIZ
Full Company Profile

Financial Performance

In 2021, Assurant's revenue was $10.19 billion, an increase of 6.17% compared to the previous year's $9.60 billion. Earnings were $1.37 billion, an increase of 210.64%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AIZ stock is "Buy." The 12-month stock price forecast is 201.96, which is an increase of 39.02% from the latest price.

Price Target
$201.96
(39.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Assurant (AIZ) Boosts Mobile Device Protection With T-Mobile

Assurant (AIZ) extends longstanding partnership with T-Mobile to enhance the mobile customer experience.

4 days ago - Zacks Investment Research

Assurant Extends Longstanding T-Mobile Partnership with New Multiyear Agreement

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today a multiyear extension of ...

5 days ago - Business Wire

Average age of smartphones turned in through trade-in and upgrade programs has broken the 3.5-year threshold

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE:AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today revealed that consumers are continuing to ...

2 weeks ago - Business Wire

Assurant (AIZ) Expands Technology Portfolio With BuyBack Booth

Assurant's (AIZ) strategic partnership with BuyBack Booth will help expand leading device trade-in technology portfolio.

3 weeks ago - Zacks Investment Research

Assurant Partners with BuyBack Booth to Bring New Innovation to Retail Device Trade-in Programs

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE:AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today announced its new strategic partnership an...

3 weeks ago - Business Wire

Why Is Assurant (AIZ) Up 2.9% Since Last Earnings Report?

Assurant (AIZ) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

AM Best Revises Outlooks to Positive for Assurant, Inc. and Its Property/Casualty Subsidiaries; Upgrades Credit Ratin...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long T...

1 month ago - Business Wire

Should You Retain Assurant (AIZ) Stock in Your Portfolio?

Continued mobile subscriber growth, organic growth across distribution channels and effective capital deployment continue to drive Assurant (AIZ).

1 month ago - Zacks Investment Research

Assurant Board of Directors Declares Quarterly Dividend of $0.68 per Common Share

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directo...

1 month ago - Business Wire

5 Multiline Insurers to Watch as Exposure Increases, Price Rises

Better pricing, product redesigns, technological advancement along with optimistic growth outlook are expected to aid multiline insurers like MET, AIG, HIG, AIZ and RDN as the impact of the pandemic rec...

Other symbols: AIGHIGMETRDN
1 month ago - Zacks Investment Research

Assurant's (AIZ) Q2 Earnings and Revenues Miss Estimates

Assurant's (AIZ) Q2 results reflect higher net investment income offset by higher catastrophes and expenses.

1 month ago - Zacks Investment Research

Assurant (AIZ) Misses Q2 Earnings and Revenue Estimates

Assurant (AIZ) delivered earnings and revenue surprises of -8.10% and 2.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Assurant Reports Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today reported results for the second qua...

1 month ago - Business Wire

Will Assurant (AIZ) Pull Off a Surprise This Earnings Season?

Assurant's (AIZ) second-quarter results are likely to reflect organic growth from strong U.S. sales, an increase in global mobile devices serviced and continued growth from renters insurance.

2 months ago - Zacks Investment Research

Assurant (AIZ) Reports Next Week: Wall Street Expects Earnings Growth

Assurant (AIZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

10 Best Low-Volatility Stocks to Buy Now

The stock market is suffering a turbulent 2022 so far – and with inflation still running at a 40-year high, the Federal Reserve locked in a significant rate-hiking cycle and midterm elections just month...

2 months ago - Kiplinger

Why Assurant (AIZ) Could Beat Earnings Estimates Again

Assurant (AIZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

5 Outperforming Financial Services Stocks to Consider Amid Inflation

Market indexes fell on the back of hotter-than-expected inflation data for June on Wednesday morning. The Bureau of Labor Statistics reported the consumer price index, which measures the average change ...

Other symbols: ALLGLTRVWRB
2 months ago - GuruFocus

5 Outperforming Financial Services Stocks to Consider Amid High Inflation

Market indexes fell on the back of hotter-than-expected inflation data for June on Wednesday morning. The Bureau of Labor Statistics reported the consumer price index, which measures the average change ...

Other symbols: ALLGLTRVWRB
2 months ago - GuruFocus

Assurant Recognized as Ward's Top 50 Performing P&C Insurer for 16th Consecutive Year

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE:AIZ), a leading global business services company that supports, protects and connects major consumer purchases, has been recognized as one of Ward's top 5...

2 months ago - Business Wire

Here's Why Should You Stay Invested in Assurant (AIZ) Stock

Strength in Global Lifestyle business, growth in fee-based capital-light businesses and solid capital management poise Assurant (AIZ) well for growth.

2 months ago - Zacks Investment Research

Assurant to Announce Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, will release second quarter 2022 financia...

2 months ago - Business Wire

Here's How I Invest For 148% “Dividend-Powered” Returns

For the cash we do deploy today, what exactly should we be looking for?

Other symbols: AMTTXN
3 months ago - Forbes

Assurant (AIZ) Rallies 15% YTD: Can It Retain the Momentum?

The well-performing Global Lifestyle business, growth in fee-based capital-light businesses and solid capital management continue to drive Assurant (AIZ).

3 months ago - Zacks Investment Research

Why Is Assurant (AIZ) Down 4.6% Since Last Earnings Report?

Assurant (AIZ) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research