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How to buy Assurant shares | $132.22
Own Assurant shares in just a few minutes. Share price changes are updated daily.
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Assurant, Inc (AIZ) is a leading insurance-specialty business based in the US. It opened the day at $131.99 after a previous close of $132.52. During the day the price has varied from a low of $131.475 to a high of $133.35. The latest price was $132.22 (25 minute delay). Assurant is listed on the NYSE and employs 13,600 staff. All prices are listed in US Dollars.
How to buy shares in Assurant
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: AIZ in this case.
- Research Assurant shares. The platform should provide the latest information available.
- Buy your Assurant shares. It's that simple.
What's in this guide?
- Can I buy shares in Assurant?
- Has coronavirus impacted Assurant shares?
- Assurant shares summary
- Compare share dealing platforms
- Is Assurant stock a buy or sell?
- Assurant performance over time
- Can I short Assurant shares?
- Is Assurant suitable for ethical investing?
- Are Assurant shares over-valued?
- Assurant's financials
- How volatile are Assurant shares?
- Does Assurant pay a dividend?
- Other common questions
How has Coronavirus impacted Assurant's share price?
Since the stock market crash in March caused by coronavirus, Assurant's share price has had significant negative movement.
Its last market close was $121.79, which is 13.07% down on its pre-crash value of $140.1 and 59.68% up on the lowest point reached during the March crash when the shares fell as low as $76.27.
If you had bought $1,000 worth of Assurant shares at the start of February 2020, those shares would have been worth $701.65 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $917.08.
Assurant share price
Use our graph to track the performance of AIZ stocks over time.Assurant shares at a glance
Information last updated 2020-12-11.
| Open | $131.99 |
|---|---|
| High | $133.35 |
| Low | $131.475 |
| Close | $132.22 |
| Previous close | $132.52 |
| Change | $-0.3 |
| Change % | -0.226% |
| Volume | 247,112 |
Information last updated 2020-12-27.
| 52-week range | $75.0414 - $139.6884 |
|---|---|
| 50-day moving average | $132.9718 |
| 200-day moving average | $119.9323 |
| Wall St. target price | $152.75 |
| PE ratio | 19.6445 |
| Dividend yield | $2.64 (1.99%) |
| Earnings per share (TTM) | $6.751 |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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 last close of $132.22
| 1 week (2021-01-15) | -5.67% |
|---|---|
| 1 month (2020-12-22) | 0.56% |
| 3 months (2020-10-22) | 6.12% |
| 6 months (2020-07-22) | 24.82% |
| 1 year (2020-01-22) | 0.71% |
|---|---|
| 2 years (2019-01-22) | 39.16% |
| 3 years (2018-01-22) | 40.61% |
| 5 years (2016-01-22) | 66.38% |
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 20x. In other words, Assurant shares trade at around 20x 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 $946.4 million (£0.0 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 | 7.94% |
| Gross profit TTM | $934.3 million |
| Return on assets TTM | 1.15% |
| Return on equity TTM | 7.44% |
| Profit margin | 4.26% |
| Book value | $100.437 |
| Market capitalisation | $7.8 billion |
TTM: trailing 12 months
How to short and sell Assurant shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "AIZ.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 1.6 million Assurant shares held short by investors – that's known as Assurant's "short interest". This figure is 2.2% down from 1.7 million last month.
There are a few different ways that this level of interest in shorting Assurant shares can be evaluated.
Assurant's "short interest ratio" (SIR)
Assurant's "short interest ratio" (SIR) is the quantity of Assurant shares currently shorted divided by the average quantity of Assurant shares traded daily (recently around 411195.73934837). Assurant's SIR currently stands at 3.99. In other words for every 100,000 Assurant shares traded daily on the market, roughly 3990 shares are currently held short.
However Assurant's short interest can also be evaluated against the total number of Assurant shares, or, against the total number of tradable Assurant shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Assurant's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Assurant shares in existence, roughly 30 shares are currently held short) or 0.0319% of the tradable shares (for every 100,000 tradable Assurant shares, roughly 32 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Assurant.
Find out more about how you can short Assurant stock.
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. A high-profile company, 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.
Environmental, social, and governance (ESG) summary
Assurant, Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 31.65 |
|---|---|
| Total ESG percentile | 46.54 |
| Environmental score | 7.26 |
| Environmental score percentile | 9 |
| Social score | 17.15 |
| Social score percentile | 9 |
| Governance score | 19.75 |
| Governance score percentile | 9 |
| Level of controversy | 3 |
Assurant share dividends
Dividend payout ratio: 28.18% of net profits
Recently Assurant has paid out, on average, around 28.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.99% 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 1.99% 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 21 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 November 2020 (the "ex-dividend date").
Assurant share price volatility
Over the last 12 months, Assurant's shares have ranged in value from as little as $75.0414 up to $139.6884. 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 0.6131. This would suggest that Assurant's shares are less volatile than average (for this exchange).
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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 provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. 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 New York, New York.
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