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 6, 2024, AIZ stock price declined to $224.22 with 236,842 million shares trading.

AIZ has a beta of 0.41, meaning it tends to be less sensitive to market movements. AIZ has a correlation of 0.07 to the broad based SPY ETF.

AIZ has a market cap of $11.50 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 underperformed the market in the last year with a price return of +32.1% while the SPY ETF gained +34.7%. However, in the short term, AIZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +15.1% vs +10.9% return in SPY. But in the last 2 weeks, AIZ shares have been beat by the market, returning -0.4% compared to an SPY return of +2.4%.

AIZ support price is $222.81 and resistance is $227.93 (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.