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Assurant, Inc. (AIZ) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-09-05 14:15
Have you been paying attention to shares of Assurant (AIZ) ? Shares have been on the move with the stock up 15.9% over the past month. The stock hit a new 52-week high of $199.5 in the previous session. Assurant has gained 17% since the start of the year compared to the 16% move for the Zacks Finance sector and the 13.8% return for the Zacks Insurance - Multi line industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensu ...
AIZ or OSCR: Which Is the Better Value Stock Right Now?
ZACKS· 2024-09-02 16:40
Investors looking for stocks in the Insurance - Multi line sector might want to consider either Assurant (AIZ) or Oscar Health, Inc. (OSCR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highligh ...
Best Momentum Stock to Buy for August 30th
ZACKS· 2024-08-30 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 30th:Assurant (AIZ) : This company which is a global provider of risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.Assurant’s shares gained 13.1% over the last three month compared with the ...
Best Value Stocks to Buy for August 30th
ZACKS· 2024-08-30 13:01
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 30th:  RCM Technologies (RCMT) : This company which is a national provider of Business, Technology and resource solutions in information technology and professional engineering to customers in corporate and government sectors, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.RCM Technologies has a p ...
Weekly Option Windfall: How to Play the Outperforming Insurance Sector
ZACKS· 2024-08-28 15:10
This year’s market action has been fast and furious as stocks continue to build on their new bull market. Better-than-expected corporate earnings, decelerating inflation, and a lower interest rate outlook are all contributing to this recent surge. Sector rotation has been on full display as other areas of the market are passed the baton.Insurance stocks are beginning to outperform and have displayed relatively little volatility. These stocks are often overlooked due to their stable nature. But as history ha ...
Assurant Stock Rises 39.3% in a Year: More Room for Growth?
ZACKS· 2024-08-27 16:01
Assurant, Inc.’s (AIZ) shares have rallied 39.3% in a year compared with the industry's growth of 26.4%. The Finance sector and the Zacks S&P 500 index have returned 27.9% and 27.1% in the said time frame, respectively. With a market capitalization of $9.98 billion, the average volume of shares traded in the last three months was 0.3 million.Image Source: Zacks Investment ResearchThe rally was largely driven by the well-performing Global Lifestyle business, growth of fee-based capital-light businesses, soli ...
Best Value Stocks to Buy for August 27th
ZACKS· 2024-08-27 14:10
Group 1: Mitsui & Co. (MITSY) - Mitsui & Co. has a global presence with over 860 subsidiaries and associated companies across various sectors including chemicals, foodstuffs, and real estate [1] - The company holds a Zacks Rank of 1 (Strong Buy) and has seen a 5.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Mitsui & Co. has a price-to-earnings ratio (P/E) of 10.15, significantly lower than the industry average of 23.40, and possesses a Value Score of A [1] Group 2: Assurant (AIZ) - Assurant is a global provider of risk management solutions in housing and lifestyle markets, focusing on protecting homes and goods [2] - The company also carries a Zacks Rank of 1 and has experienced a 2.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Assurant's P/E ratio stands at 11.65, compared to the industry average of 45.70, and it has a Value Score of A [2] Group 3: Deutsche Telekom (DTEGY) - Deutsche Telekom is recognized as Europe's largest communications company and one of the largest carriers globally [2] - The company holds a Zacks Rank of 1 and has seen a 2.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Deutsche Telekom has a P/E ratio of 14.34, which is lower than the industry average of 26.10, and it also possesses a Value Score of A [2]
Best Momentum Stock to Buy for August 27th
ZACKS· 2024-08-27 13:13
Group 1 - DaVita (DVA) operates kidney dialysis centers and has a Zacks Rank 1 (Strong Buy) with a 3.9% increase in current year earnings estimate over the last 60 days [1] - DaVita's shares increased by 11.7% over the last three months, outperforming the S&P 500's gain of 5.9%, and has a Momentum Score of A [1] - Marex Group PLC (MRX) provides a diversified global financial services platform and also holds a Zacks Rank 1, with a 23.9% increase in current year earnings estimate over the last 60 days [2] Group 2 - Marex Group's shares rose by 17.5% over the last three months, again outperforming the S&P 500's gain of 5.9%, and has a Momentum Score of A [2] - Assurant (AIZ) is a global provider of risk management solutions with a Zacks Rank 1, and its current year earnings estimate increased by 2.2% over the last 60 days [2] - Assurant's shares gained 14.5% over the last three months, surpassing the S&P 500's gain of 5.9%, and has a Momentum Score of B [2]
What Makes Assurant (AIZ) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-08-20 17:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to capitalize on established price movements for profitable trades [1] Company Overview: Assurant (AIZ) - Assurant currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [2][6] - The stock has shown a price increase of 5.57% over the past week, outperforming the Zacks Insurance - Multi line industry, which rose by 3.6% during the same period [3] - Over the last month, AIZ's shares increased by 11.42%, significantly higher than the industry's 1.65% performance [3] - In the last three months, AIZ shares rose by 11.69%, and over the past year, they increased by 33.36%, compared to the S&P 500's gains of 6.03% and 29.89%, respectively [4] Trading Volume - AIZ's average 20-day trading volume is 337,766 shares, which serves as a bullish indicator when combined with rising stock prices [4] Earnings Outlook - In the past two months, three earnings estimates for AIZ have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $16.28 to $16.58 [5] - For the next fiscal year, three estimates have also moved higher without any downward revisions [5] Conclusion - Given the positive momentum indicators and earnings outlook, AIZ is positioned as a strong buy candidate for investors seeking short-term opportunities [6]
Assurant, Inc. (AIZ) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-20 14:15
Shares of Assurant (AIZ) have been strong performers lately, with the stock up 11.4% over the past month. The stock hit a new 52-week high of $189.77 in the previous session. Assurant has gained 12% since the start of the year compared to the 14.4% move for the Zacks Finance sector and the 10.9% return for the Zacks Insurance - Multi line industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any o ...