News stories about Assurant (NYSE:AIZ) have trended positive on Saturday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Assurant earned a media sentiment score of 0.37 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.5438576919966 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
Several equities research analysts have recently issued reports on AIZ shares. SunTrust Banks, Inc. reissued a “buy” rating and issued a $115.00 price objective on shares of Assurant in a research report on Thursday, October 12th. BidaskClub downgraded shares of Assurant from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.
Assurant (NYSE AIZ) traded down $0.56 during midday trading on Friday, reaching $98.15. 451,900 shares of the company’s stock were exchanged, compared to its average volume of 393,816. The company has a market cap of $5,250.00, a P/E ratio of 38.56, a price-to-earnings-growth ratio of 1.38 and a beta of 0.80. Assurant has a 12-month low of $82.30 and a 12-month high of $106.99. The company has a quick ratio of 0.51, a current ratio of 0.53 and a debt-to-equity ratio of 0.26.
Assurant (NYSE:AIZ) last released its quarterly earnings data on Thursday, November 2nd. The financial services provider reported ($1.40) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($1.79) by $0.39. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Assurant had a net margin of 3.67% and a return on equity of 3.55%. The company’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.00 EPS. research analysts predict that Assurant will post 3.69 EPS for the current fiscal year.
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Assurant Company Profile
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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