
Assurant is an insurance-specialty business based in the US. Assurant shares (AIZ) are listed on the NYSE and all prices are listed in US Dollars. Assurant employs 15,600 staff and has a trailing 12-month revenue of around $10.1 billion.
How to buy Assurant stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – AIZ. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
SoFi Invest
- Trade stocks for $0 and no annual fee
- Start trading with a $0 minimum deposit
- Get up to $1,000 when you fund a new account within 30 days
eToro
- Easy to use platform with low fees
- Social trading allows you to copy popular portfolios
- FINDER EXCLUSIVE: Get $15 when you sign up and deposit $100
Robinhood
- Get free stock upon signup
- Earn 4% interest on uninvested cash with Robinhood Gold
- Get 1% match on contributions to a Robinhood IRA
Assurant stock price (NYSE: AIZ)
Use our graph to track the performance of AIZ stocks over time.Assurant shares at a glance
Latest market close | $133.13 |
---|---|
52-week range | $118.35 - $191.53 |
50-day moving average | $127.13 |
200-day moving average | $155.14 |
Wall St. target price | $159.40 |
PE ratio | 21.7005 |
Dividend yield | $2.72 (2.14%) |
Earnings per share (TTM) | $6.11 |
Buy Assurant stocks from these brokerages
Compare special offers, low fees and a wide range of types of investments among top trading platforms.Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
Is it a good time to buy Assurant stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Assurant price performance over time
Historical closes compared with the close of $133.13 from 2023-02-06
1 week (2023-01-27) | 2.13% |
---|---|
1 month (2023-01-06) | 3.53% |
3 months (2022-11-03) | N/A |
6 months (2022-08-05) | -14.27% |
1 year (2022-02-07) | -12.84% |
---|---|
2 years (2021-02-05) | 0.03% |
3 years (2020-02-07) | 1.02% |
5 years (2018-02-07) | 66.50% |
Is Assurant stock undervalued or overvalued?
Valuing Assurant stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Assurant's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Assurant's P/E ratio
Assurant's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Assurant shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Assurant's PEG ratio
Assurant's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Assurant's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Assurant's EBITDA
Assurant's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $719.8 million.
The EBITDA is a measure of a Assurant's overall financial performance and is widely used to measure a its profitability.
Assurant financials
Revenue TTM | $10.1 billion |
---|---|
Operating margin TTM | 5.28% |
Gross profit TTM | $1.2 billion |
Return on assets TTM | 1% |
Return on equity TTM | 6.97% |
Profit margin | 3.36% |
Book value | $77.50 |
Market capitalisation | $7 billion |
TTM: trailing 12 months
Assurant share dividends
Dividend payout ratio: 35.8% of net profits
Recently Assurant has paid out, on average, around 35.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Assurant shareholders could enjoy a 2.14% return on their shares, in the form of dividend payments. In Assurant's case, that would currently equate to about $2.72 per share.
While Assurant's payout ratio might seem fairly standard, it's worth remembering that Assurant may be investing much of the rest of its net profits in future growth.
Assurant's most recent dividend payout was on 19 March 2023. The latest dividend was paid out to all shareholders who bought their shares by 23 February 2023 (the "ex-dividend date").
Assurant share price volatility
Over the last 12 months, Assurant's shares have ranged in value from as little as $118.3543 up to $191.5324. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Assurant's is 0.5347. This would suggest that Assurant's shares are less volatile than average (for this exchange).
Assurant overview
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. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc.
Assurant in the news
Assurant Earns 2023 Great Place to Work Certificationâ„¢ in the U.S.
Assurant (AIZ) to Report Q4 Earnings: What's in the Offing?
Assurant (AIZ) Earnings Expected to Grow: Should You Buy?
Frequently asked questions
What percentage of Assurant is owned by insiders or institutions?Currently 0.944% of Assurant shares are held by insiders and 98.353% by institutions. How many people work for Assurant?
Latest data suggests 15,600 work at Assurant. When does the fiscal year end for Assurant?
Assurant's fiscal year ends in December. Where is Assurant based?
Assurant's address is: 55 Broadway, New York, NY, United States, 10006 What is Assurant's ISIN number?
Assurant's international securities identification number is: US04621X1081 What is Assurant's CUSIP number?
Assurant's Committee on Uniform Securities Identification Procedures number is: 04621X108
More guides on Finder
-
How to buy Neuraxis (NRXS) stock when it goes public
Everything we know about the Neuraxis IPO, plus information on how to buy in.
-
How to buy TXO Energy (TXO) stock
Everything we know about the TXO Energy IPO, plus information on how to buy in.
-
How to buy Brera (BREA) stock
Everything we know about the Brera IPO, plus information on how to buy in.
-
How to invest in the S&P 500
What you need to know about investing in the leading indicator for the overall US stock market.
-
How to buy IPO stock
Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks.
-
How to buy Novo Integrated Sciences stock
Steps to owning and managing NVOS, with 24-hour and historical pricing before you buy.
-
How do ETFs work?
Your simple and straightforward guide to ETFs, how they work and the different types available.
-
What is stock lending?
Find out how stock lending works, the extra income you could potentially earn and the risks you should be aware of. Plus, compare stock trading platforms that offer stock lending.
-
How to buy SONDORS (SODR) stock when it goes public
Everything we know about the SONDORS IPO, plus information on how to buy in.
-
How to buy Bullfrog AI Holdings (BFRG) stock when it goes public
Everything we know about the Bullfrog AI Holdings IPO, plus information on how to buy in.
Ask an Expert