AIZ Stock Summary and Trading Ideas (Assurant | NYSE:AIZ)

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.

Assurant trades on the NYSE stock market under the symbol AIZ.

As of December 20, 2024, AIZ stock price climbed to $212.27 with 698,561 million shares trading.

AIZ has a beta of 0.46, meaning it tends to be less sensitive to market movements. AIZ has a correlation of 0.08 to the broad based SPY ETF.

AIZ has a market cap of $10.89 billion. This is considered a Large Cap stock.

Last quarter Assurant reported $3 billion in Revenue and $3.00 earnings per share. This beat revenue expectation by $28 million and exceeded earnings estimates by $.48.

In the last 3 years, AIZ traded as high as $230.55 and as low as $104.49.

The top ETF exchange traded funds that AIZ belongs to (by Net Assets): VTI, VOO, VB, VBR, RSP.

AIZ has outperformed the market in the last year with a return of +31.2%, while the SPY ETF gained +27.8%. In the last 3 month period, AIZ beat the market returning +9.7%, while SPY returned +4.4%. However, in the most recent 2 weeks AIZ has underperformed the stock market by returning -4.6%, while SPY returned -2.4%.

AIZ support price is $205.91 and resistance is $210.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIZ shares will trade within this expected range on the day.