Analyst Ratings for Assurant Inc. (AIZ)Updated: 2017-07-26
Assurant Inc. (NYSE:AIZ) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for AIZ last month.
6 analysts issued ratings on the stock, where 1 gave AIZ a buy rating, 0 gave an overweight rating, 3 issued a hold rating, 2 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for AIZ. The maximum price target given was 115, implying potential capital gains of 9.38 percent. The most pessimistic price target was 93, implying potential capital losses of -11.55 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.31 percent on average, compared to last month. That number becomes -0.62 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.15 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
AIZ has an estimated earnings growth rate of -20.35 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of AIZ is -0.63.
AIZ has a 52-week high of 106.99 and a 52-week low of 78.50. Currently the stock is 33.94 percent higher than its low, and below the high by 1.73 percent. AIZ has a P/E ratio of 12.92. Investors typically compare the P/E ratio to a company's peers in the industry. The AIZ value stock report compares AIZ to some of its peers using value stock charts. The stock has a market capitalization of $5.82 billion. AIZ's next earnings release will be on 0000-00-00, which is days away.