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How to buy Assurant (AIZ) stocks in Canada

Learn how to easily invest in Assurant stocks.

Assurant is an insurance-specialty business based in the US. Assurant stocks (AIZ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $155.72 – a decrease of 3.73% over the previous week. Assurant employs 15,000 staff and has a trailing 12-month revenue of around $10.5 billion.

How to buy shares in Assurant

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AIZ – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Assurant stock price (NYSE:AIZ)

Use our graph to track the performance of AIZ stocks over time.

Assurant shares at a glance

Information last updated 2022-01-15.
Latest market close$149.11
52-week range$120.57 - $172.22
50-day moving average $156.49
200-day moving average $158.73
Wall St. target price$194.17
PE ratio 6.8423
Dividend yield $2.64 (1.76%)
Earnings per share (TTM) $22.64

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Note: The dollar amounts in the table below are in Canadian dollars.

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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.

Assurant price performance over time

Historical closes compared with the close of $149.11 from 2022-01-20

1 week (2022-01-14) -3.73%
1 month (2021-12-21) -1.43%
3 months (2021-10-21) -9.65%
6 months (2021-07-21) -3.15%
1 year (2021-01-21) 8.28%
2 years (2020-01-21) 13.37%
3 years (2019-01-18) 54.71%
5 years (2017-01-20) 55.08%

Is Assurant under- or over-valued?

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 7x. In other words, Assurant shares trade at around 7x 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 $1.2 billion.

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 $10.5 billion
Operating margin TTM 9.61%
Gross profit TTM $1 billion
Return on assets TTM 1.64%
Return on equity TTM 9.04%
Profit margin 13.19%
Book value $99.81
Market capitalisation $8.8 billion

TTM: trailing 12 months

Assurant's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Assurant.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Assurant's total ESG risk score

Total ESG risk: 31.65

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Assurant's overall score of 31.65 (as at 01/01/2019) is nothing to write home about – landing it in it in the 47th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Assurant is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Assurant's environmental score

Environmental score: 7.26/100

Assurant's environmental score of 7.26 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Assurant's social score

Social score: 17.15/100

Assurant's social score of 17.15 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Assurant's governance score

Governance score: 19.75/100

Assurant's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Assurant is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Assurant's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Assurant scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Assurant hasn't always managed to keep its nose clean.

Assurant share dividends

31%

Dividend payout ratio: 30.61% of net profits

Recently Assurant has paid out, on average, around 30.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.76% 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 1.76% return on their shares, in the form of dividend payments. In Assurant's case, that would currently equate to about $2.64 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 20 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 February 2022 (the "ex-dividend date").

Assurant share price volatility

Over the last 12 months, Assurant's shares have ranged in value from as little as $120.5748 up to $172.22. A popular way to gauge a stock's volatility is its "beta".

AIZ.US volatility(beta: 0.64)Avg. volatility(beta: 1.00)LowHigh

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 0.6391. 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 three segments: Global Lifestyle, Global Housing, and Global Preneed. 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 Global Preneed segment offers pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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