Assurant
AIZ

$173.05

2.04%

Market Cap: 9B

About: Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

Employees: 13,600

Financials Insurance Carriers

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

0

News positive %

of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

31% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 52

14.07% more ownership

Funds ownership: 78.61% [Q4 2023] → 92.67% (+14.07%) [Q1 2024]

10% more capital invested

Capital invested by funds: $8.2B [Q4 2023] → $9.06B (+$860M) [Q1 2024]

3% more funds holding

Funds holding: 477 [Q4 2023] → 493 (+16) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 186

52% less call options, than puts

Call options by funds: $13.6M | Put options by funds: $28.3M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$182

5%

upside

Avg. target

$201

16%

upside

High target

$222

28%

upside

6 analyst ratings

4 positive

67%

2 neutral

33%

0 negative

0%

B of A Securities Grace Carter	28%upside $222	Buy Maintained	11 Jul 2024
Piper Sandler John Barnidge	18%upside $205	Overweight Maintained	28 Jun 2024
Keefe, Bruyette & Woods Thomas McJoynt-Griffith	7%upside $186	Market Perform Maintained	15 May 2024
Piper Sandler John Barnidge	18%upside $205	Overweight Maintained	5 Apr 2024
UBS John Nadel	18%upside $205	Buy Maintained	12 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about AIZ published over the past 30 days

Assurant Donates $175,000 to Move For Hunger to Help Fight Growing Food Insecurity Across North America

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, today announced it has donated $175,000 to Move For Hunger, a non-profit that assists individuals and families across North America who are food insecure. In May, Assurant held its annual global internal fundraising challenge dubbed “Moving to Fight Hunger” – donating one dollar for every mile of exercise an employee completed during th.

Assurant Donates $175,000 to Move For Hunger to Help Fight Growing Food Insecurity Across North America

Assurant Partners with HEVI to Provide Extended Service Contracts

EAST WINDSOR, N.J. , July 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial equipment including heavy construction, agriculture and forestry equipment.

Assurant Partners with HEVI to Provide Extended Service Contracts

Assurant Recognized by Disability:IN as a Best Place to Work for Disability Inclusion

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, announced that it earned a score of 100 on the Disability Equality Index® and recognition as one of the 2024 Best Places to Work for Disability Inclusion by Disability:IN. The 2024 Disability Equality Index measured the following: Culture and Leadership Enterprise-Wide Access Employment Practices (Benefits; Recruitment; Employment, Educ.

Assurant Recognized by Disability:IN as a Best Place to Work for Disability Inclusion

Assurant: The Growth Story Remains Solid

Assurant trades at 10x FWD earnings, which is very cheap in relation to its growth potential. The company focuses on unique insurance products like mobile device solutions and homeowners insurance. Assurant's Global Housing segment saw a remarkable 181% increase in adjusted EBITDA, driving overall strong performance and future growth prospects.

Assurant: The Growth Story Remains Solid

Assurant Introduces New Sustainability Vision in 2024 Sustainability Report

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today published its 2024 Sustainability Report. The report lays out an accelerated sustainability agenda with three long-term ambitions for A Thriving Society, A Circular Economy, and A Stable Climate. To advance this vision, Assurant will focus on actions in three areas: Connected Communities, Respected Resources, and a Protected Planet.

Assurant Introduces New Sustainability Vision in 2024 Sustainability Report

Assurant to Announce Second Quarter 2024 Financial Results

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, will release second quarter 2024 financial results on Tuesday, August 6, 2024, after the market closes. The news release will be available on Assurant's website at www.assurant.com. In conjunction with the news release, Assurant will host a conference call the following morning, Wednesday, August 7, 2024, at 8:00 a.m. ET. The call will b.

Assurant to Announce Second Quarter 2024 Financial Results

Assurant Announces Global Auto Leadership Succession Plan

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, announced today that Martin Jenns, EVP and president of Assurant Global Automotive, plans to retire at year's end after 15 years with Assurant. Jeff Strickland, SVP, Assurant Dealer Services & Strategic Accounts, has been named to succeed Jenns at the time of his retirement. “On behalf of our management committee, clients, and emplo.

Assurant Announces Global Auto Leadership Succession Plan

Zacks Investment Research

Reasons Why Investors Should Retain Assurant (AIZ) Stock Now

Assurant (AIZ) stands to gain from a well-performing Global Lifestyle business, growth of fee-based capital-light businesses, solid capital management and effective capital deployment.

Reasons Why Investors Should Retain Assurant (AIZ) Stock Now

Zacks Investment Research

Here's Why Assurant (AIZ) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Assurant (AIZ) is a Strong Value Stock

$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024

ATLANTA--(BUSINESS WIRE)--Assurant (NYSE:AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today revealed that mobile trade-in programs put an estimated $874 million into U.S. consumers' pockets in Q1 2024. The latest quarterly Mobile Trade-In and Upgrade Industry Trends Report shows that the average age of devices at the point of trade-in is at an all-time high at 3.64 years. Variations of the iPhone 12 made up almost half of the to.

$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024

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