Assurant Inc (NYSE: AIZ) is 0.92% higher on its value in year-to-date trading and has touched a low of $160.12 and a high of $230.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AIZ stock was last observed hovering at around $218.67 in the last trading session, with the day’s loss setting it -3.48%.
Currently trading at $215.19, the stock is 2.56% and -0.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -1.59% at the moment leaves the stock 12.88% off its SMA200. AIZ registered 26.52% gain for a year compared to 6-month gain of 23.06%. The firm has a 50-day simple moving average (SMA 50) of $215.5472 and a 200-day simple moving average (SMA200) of $190.63245.
The stock witnessed a 1.38% loss in the last 1 month and extending the period to 3 months gives it a 11.18%, and is 2.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.97% over the week and 1.84% over the month.
Assurant Inc (AIZ) has around 13600 employees, a market worth around $11.04B and $11.76B in sales. Current P/E ratio is 15.35 and Fwd P/E is 12.02. Profit margin for the company is 6.31%. Distance from 52-week low is 34.39% and -6.66% from its 52-week high. The company has generated returns on investments over the last 12 months (10.10%).
with sales reaching $3.08B over the same period.The EPS is expected to grow by 2.41% this year, but quarterly earnings will post 6.53% year-over-year. Quarterly sales are estimated to grow 3.27% in year-over-year returns.
Assurant Inc (AIZ) Top Institutional Holders
830.0 institutions hold shares in Assurant Inc (AIZ), with institutional investors hold 98.67% of the company’s shares. The shares outstanding are 51.38M, and float is at 50.88M with Short Float at 1.67%. Institutions hold 98.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.77 million shares valued at $1.13 billion. The investor’s holdings represent 12.8898% of the AIZ Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 5.16 million shares valued at $857.67 million to account for 9.8206 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.02 million shares representing 9.5551% and valued at over $834.49 million, while STATE STREET CORP holds 4.6501 of the shares totaling 2.44 million with a market value of $406.12 million.
Assurant Inc (AIZ) Insider Activity
The most recent transaction is an insider sale by NAIR BIJU, the company’s EVP. SEC filings show that NAIR BIJU sold 3,000 shares of the company’s common stock on Nov 08 ’24 at a price of $209.18 per share for a total of $0.63 million. Following the sale, the insider now owns 20658.0 shares.
Still, SEC filings show that on Aug 19 ’24, DiRienzo Dimitry (SVP, CAO, Controller) disposed off 550 shares at an average price of $188.44 for $0.1 million. The insider now directly holds 3,152 shares of Assurant Inc (AIZ).
