Favorable Media Coverage Somewhat Unlikely to Affect Assurant (AIZ) Share Price
News stories about Assurant (NYSE:AIZ) have trended positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Assurant earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.427903003976 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Analyzing Assurant (AIZ) and Its Peers (americanbankingnews.com)
- Assurant Boosts Shareholder Value, OK’s 6% Dividend Hike (nasdaq.com)
- Assurant Boosts Shareholder Value, OK's 6% Dividend Hike (finance.yahoo.com)
- Assurant, Inc. (AIZ) Plans Dividend Increase – $0.56 Per Share (americanbankingnews.com)
- Assurant (AIZ) versus The Competition Critical Review (americanbankingnews.com)
AIZ has been the topic of a number of analyst reports. SunTrust Banks, Inc. restated a “buy” rating and set a $115.00 target price on shares of Assurant in a research report on Thursday, October 12th. BidaskClub lowered shares of Assurant from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.
Shares of Assurant (NYSE AIZ) opened at $98.85 on Wednesday. Assurant has a 1 year low of $85.07 and a 1 year high of $106.99. The stock has a market cap of $5,311.22, a P/E ratio of 38.56, a P/E/G ratio of 1.38 and a beta of 0.81. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.53.
Assurant (NYSE:AIZ) last announced its earnings results on Thursday, November 2nd. The financial services provider reported ($1.40) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($1.79) by $0.39. Assurant had a net margin of 3.67% and a return on equity of 3.55%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the business earned $1.00 earnings per share. Assurant’s revenue was down 13.5% compared to the same quarter last year. analysts forecast that Assurant will post 3.69 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Monday, November 27th will be given a dividend of $0.56 per share. The ex-dividend date is Friday, November 24th. This represents a $2.24 dividend on an annualized basis and a yield of 2.27%. This is a positive change from Assurant’s previous quarterly dividend of $0.53. Assurant’s dividend payout ratio (DPR) is 50.72%.
Assurant, Inc is a provider of risk management solutions in the housing and lifestyle markets. The Company operates in North America, Latin America, Europe and Asia. The Company’s segments include Global Housing, Global Lifestyle and Global Preneed. Through its Global Housing segment, it provides lender-placed homeowners, manufactured housing and flood insurance; renters insurance and related products (multi-family housing business), and field services, valuation services and other property risk management services (mortgage solutions business).
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