Assurant(AIZ)
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Assurant Stock Gains 34% YTD: What Should Be Investors' Approach Now?
ZACKS· 2024-12-03 16:10
Assurant, Inc.’s (AIZ) shares have rallied 34% in the year-to-date period compared with the industry's growth of 26%. The Finance sector and the Zacks S&P 500 index have returned 24.6% and 26.7% in the said time frame, respectively. With a market capitalization of $11.58 billion, the average volume of shares traded in the last three months was 0.3 million. Currently priced at $ 225.73, the stock is slightly below its 52-week high of $230.55.AIZ Outperforms Industry, Sector, S&PImage Source: Zacks Investment ...
Assurant - Needs To Take A Breather
Seeking Alpha· 2024-12-01 02:42
The author has an honours degree in economics and politics with a focus on economic development. With 36 years of experience in executive management he has extensive knowledge of insurance/reinsurance, Global and Asia Pacific markets, climate change and ESG. He invests in his personal capacity.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and ...
4 Stocks That Have Declared Dividend Hikes Amid Market Volatility
ZACKS· 2024-11-21 16:40
The post-election Wall Street rally has come to a halt as investors reassess the economy’s health and gauge the Federal Reserve’s pace of future rate cuts. The uncertainty has seen markets turn volatile over the past week, with all three major indexes retreating from their new record highs.Given this situation, cautious investors looking for a steady income and safeguarding their capital may look to hold or buy dividend-paying stocks. Four such stocks are Churchill Downs Incorporated (CHDN) , La-Z-Boy Incor ...
Assurant Boosts Shareholders' Value Via Dividend Hike of 11%
ZACKS· 2024-11-20 18:36
Assurant, Inc.’s (AIZ) board of directors recently approved an 11% hike in cash dividend to 80 cents, up from 72 cents paid earlier. As of the close of business on Dec. 30, 2024, shareholders will receive the quarterly dividend on Dec. 9.AIZ’s distribution of wealth to shareholders via dividend hikes is impressive. The recent hike marks the insurer increasing dividends for straight 20 quarters and currently yielding 1.5%. This move to distribute wealth to its shareholders bears testimony to AIZ’s solid capi ...
Assurant(AIZ) - 2024 Q3 - Quarterly Report
2024-11-07 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-31978 Assurant, Inc. (Exact name of registrant as specified in its charter) Delaware 39-1126612 (State or other jurisdiction of incorpo ...
Assurant(AIZ) - 2024 Q3 - Earnings Call Transcript
2024-11-06 19:16
Assurant, Inc. (NYSE:AIZ) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Sean Moshier - Vice President, Investor Relations Keith Demmings - President and Chief Executive Officer Keith Meier - Chief Financial Officer Conference Call Participants Brian Meredith - UBS Mark Hughes - Truist Tommy McJoynt - KBW John Barnidge - Piper Sandler Operator Welcome to Assurant's Third Quarter 2024 Conference Call and Webcast. [Operator Instructions] It is now my pleasure to turn the flo ...
Assurant Q3 Earnings Beat on Solid Global Housing Growth, View Raised
ZACKS· 2024-11-06 17:41
Assurant, Inc. (AIZ) reported third-quarter 2024 net operating income of $3.00 per share, which beat the Zacks Consensus Estimate by 20%. However, the bottom line declined 30.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The quarterly results reflected solid performance at Global Housing with growing revenues and expense discipline. Global Lifestyle performed in line with expectations, as AIZ prioritized strategic investments for growth in new and expanded Connec ...
Assurant (AIZ) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-06 00:00
Assurant (AIZ) reported $2.99 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.9%. EPS of $3.00 for the same period compares to $4.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.91 billion, representing a surprise of +2.59%. The company delivered an EPS surprise of +20.00%, with the consensus EPS estimate being $2.50.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...
Assurant (AIZ) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-05 23:36
Assurant (AIZ) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $4.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this insurer would post earnings of $3.58 per share when it actually produced earnings of $4.08, delivering a surprise of 13.97%.Over the last four quarters, the company has surpassed ...
Assurant(AIZ) - 2024 Q3 - Quarterly Results
2024-11-05 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 001-31978 39-1126612 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.01 Par Value AIZ New York Stock Exchange 5.25% Subordinated Notes due 2061 AIZN New York Stock Exchange FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date ...