Home News Stock to Watch Assurant Inc. (NYSE: AIZ)

Stock to Watch Assurant Inc. (NYSE: AIZ)

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Assurant Inc. (AIZ) trades as part of the Financial Services sector and is in the Insurance industry. The company CEO is Alan B. ColbergAssurant Inc is a provider of specialized insurance products and related services in North America and selected other international markets.

Previous Intraday Trading Performance:

The Insurance company showed a previous change of -0.73% with an open at 88.50 and a close of 87.29. It reached an intraday high of 88.50 and a low of 86.23.

Liquidity:

The stock has a market cap of $4.6b with 52.5m shares outstanding, of which the float is 512238shares. Trading volume reached 527,695 shares compared to its average volume of 543,536 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Assurant Inc. shares returned -4.95% and in the past 30 trading days it returned -3.91%. Over three months, it changed -0.72%. In one year it has changed -15.20% and within that year its 52-week high was 106.98 and its 52-week low was 84.34AIZ stock is 3.50% above its 52 Week Low.

Our calculations show a 200 day moving average of 94.90 and a 50 day moving average of 90.26. Currently AIZ stock is trading -8.02below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Earnings:

The last annual fiscal EPS for the company was reported at 9.30 that ended on December 31, 2017, which according to the previous close, that is a PE of 9.39. Based on 2 analyst estimates, the consensus EPS for the next quarter is 1.89. The TTM EPS is 4.07, which comes to a TTM PE of 21.45Historically, the PE high was 47.10 and the PE low was 8.30. If the stock reached its PE low, that would represent a price of 33.78, which is a decrease of -61.31%.

The following are the last four quarter reported earnings per share:
Mar 31, 2018:  2.00
Dec 31, 2017:  1.84
Sep 30, 2017:  -1.40
Jun 30, 2017:  1.63

The dividend per share is currently 2.24, which is a dividend yield of 2.55%.

Indicators to Watch:

Based on the latest filings, there is 99.10% of institutional ownership.

Short-interest is 1,669,405, which is 3.18% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.75This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.54.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.62%, return on assets is 1.58%, profit margin is 7.77%, price-to-sales is 0.97 and price-to-book is 1.08.

More News:

SeekingAlpha:  Assurant’s (AIZ) CEO Alan Colberg on Q1 2018 Results – Earnings Call Transcript
Business Wire:  A.M. Best Affirms Credit Ratings of Assurant, Inc.’s Core Life/Health Subsidiaries
SeekingAlpha:  Assurant beats by $0.07, beats on revenue

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The founder of Trading News Now (TNN) and contributor to the stock market trading community. Graduated from Brigham Young University - Idaho with a degree in financial economics. Aside from his extensive knowledge in fundamental analysis of publicly traded companies, other interests include programming and financial modeling.

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