How to Buy Assurant Stock
Assurant Inc
Assurant is a specialty insurance company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker AIZ on the NYSE exchange.
Assurant stock last closed at $177.05, up 0.42% from the previous day, and has increased 51.07% in one year. It has overperformed other stocks in the Insurance - Specialty industry by 0.33 percentage points. Assurant stock is currently +52.93% from its 52-week low of $115.77, and -6.56% from its 52-week high of $189.48.
There are currently 51.98M AIZ shares outstanding. The market value of AIZ is $9.20B. In the last 24 hours, 275,311 AIZ shares were traded.
How to Buy Assurant Stock
Not sure how to invest in Assurant stock? Here's how.
- Decide where to buy Assurant stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Assurant stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Research Assurant stock: The Assurant ticker symbol is AIZ. Is Assurant stock a good investment? Should you buy shares of AIZ? How do AIZ's underlying business fundamentals look? Do top analysts think Assurant is a good buy? Why has AIZ's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if AIZ is a good stock to buy).
- Execute your AIZ trade: Decide if you will purchase AIZ shares at the current market price or use a limit order to buy AIZ stock at a given price.
- Get key alerts regarding your AIZ position: Create a watchlist to important notifications about your investment in Assurant stock.
Step 1: Decide where to buy Assurant stock
You need a brokerage account to access the NYSE market and buy AIZ stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can invest in AIZ today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock buying app, you need to deposit funds:
Check out the video below if you need help depositing funds into your brokerage account.
Step 4: Research Assurant stock
After you have selected the best place to buy Assurant stock, it's crucial to research their stock before you buy, so you can understand the risk and opportunity.
Assurant stock quick numbers
Assurant Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on AIZ's stock page.
Is AIZ stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge AIZ's true value.
Using relative valuations measures:
- AIZ could be undervalued based on its P/E ratio of 14.73x, relative to Insurance - Specialty industry P/E ratio of 28.57x
- AIZ may be overvalued based on its P/B ratio of 1.91x, relative to Insurance - Specialty industry P/B ratio of 1.55x
- AIZ may be undervalued based on its PEG ratio of 0.53x
You can access more valuation research on AIZ's stock here.
AIZ Financial Health Summary
Pros:
- Total AIZ debt is lower than 5 years ago, relative to shareholder equity.
- AIZ earnings of $914.80M is not sufficient to cover its interest payments.
- AIZ profit margin has gone up from 2.7% to 5.8% in the past year.
- AIZ's operating cash flow of $1.14B allows it to safely service it's debt of $2.08B.
Cons:
- AIZ has a relatively high debt to equity ratio of 5.99.
Is AIZ stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Equities analysts who give forecasts on AIZ, the consensus analyst rating on AIZ is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Assurant stock forecast page.
AIZ Trading Indicators
Is AIZ Making Money?
Last year, AIZ earnings were $642.50M. In the last five year, AIZ's earnings have gone up by 24.61% per year. This was faster than the Insurance - Specialty industry average of 2.89%.
Last year, AIZ revenue was $11.13B. During the past 5 year, AIZ's revenue has increased by 6.68% per year. This was slower than the Insurance - Specialty industry average of 9.48%.
You can research AIZ's earnings and revenue performance here.
Latest Insiders Trades at AIZ
Over the past 12 months, executives and large shareholders at AIZ have sold more shares than they have bought.
Biju Nair, EVP of AIZ, was the latest AIZ insider to sell. They sold $622,132.06 worth of AIZ stock on Apr 1, 2024.
Get more info about who owns AIZ shares here.
Does AIZ stock generate passive income?
Assurant pays a dividend of 1.6%, compared to the Insurance - Specialty industry's average dividend yield of 10.82%. If you owned $1,000 of AIZ stock, you would have been paid $16.04 in the past year.
Assurant dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Assurant dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your AIZ trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will place your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your AIZ position
Now that you own some AIZ stock, you'll want to keep up with your new investment.
Start a watchlist to get the latest updates about your AIZ stock.
AIZ Feed
How to Buy Stock in Assurant
To reiterate, here are the 6 steps for buying Assurant stock:
- Decide where to buy Assurant stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Assurant stock
- Execute your AIZ trade
- Get key alerts regarding your AIZ position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Assurant, create a watchlist today.
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