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 30, 2024, AIZ stock price declined to $212.57 with 42,247 million shares trading.

AIZ has a beta of 0.50, meaning it tends to be less sensitive to market movements. AIZ has a correlation of 0.10 to the broad based SPY ETF.

AIZ has a market cap of $10.90 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 +29.5%, while the SPY ETF gained +25.3%. In the last 3 month period, AIZ beat the market returning +6.7%, while SPY returned +3.6%. However, in the most recent 2 weeks AIZ has underperformed the stock market by returning -2.4%, while SPY returned -2.0%.

AIZ support price is $212.21 and resistance is $217.89 (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.