How to buy Assurant (AIZ) shares in Australia

Learn how to easily invest in Assurant shares.

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Assurant Inc (AIZ) is a leading insurance-specialty business with stocks listed in the US. It opened the day at US$156.6 after a previous close of US$161.92. During the day the price has varied from a low of USD155.06 to a high of USD158.31. The latest price was USD157.31 (25 minute delay). Assurant is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Assurant

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Assurant. Find the share by name or ticker symbol: AIZ. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Assurant reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$161.92, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Assurant, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Assurant. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Assurant stock price (NYSE:AIZ)

Use our graph to track the performance of AIZ stocks over time.

Assurant shares at a glance

Information last updated 2021-11-26.
OpenUS$156.6
HighUS$158.31
LowUS$155.06
CloseUS$157.31
Previous closeUS$161.92
Change US$-4.61
Change % -2.8471%
Volume 268,363
Information last updated 2021-11-20.
52-week rangeUS$120.5748 - US$172.22
50-day moving average US$161.6732
200-day moving average US$154.7239
Target priceUS$194.67
PE ratio 7.0451
Dividend yield US$2.64 (1.65%)
Earnings per share (TTM) US$22.637

Where to buy Assurant stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
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ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Assurant stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Assurant share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

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Assurant price performance over time

Historical closes compared with the last close of $157.31

1 week (2021-11-19) -1.36%
1 month (2021-10-27) -2.29%
3 months (2021-08-27) -7.12%
6 months (2021-05-27) -2.47%
1 year (2020-11-27) 17.58%
2 years (2019-11-27) 18.01%
3 years (2018-11-27) 60.55%
5 years (2016-11-25) 82.05%

Is Assurant under- or over-valued?

Valuing Assurant stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Assurant's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Assurant's P/E ratio

Assurant's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Assurant shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Assurant's PEG ratio

Assurant's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Assurant's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Assurant's EBITDA

Assurant's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.2 billion (£0.0 million).

The EBITDA is a measure of a Assurant's overall financial performance and is widely used to measure a its profitability.

Assurant financials

Revenue TTM US$10.5 billion
Operating margin TTM 9.61%
Gross profit TTM US$1 billion
Return on assets TTM 1.64%
Return on equity TTM 9.04%
Profit margin 13.19%
Book value 99.809
Market capitalisation US$9.1 billion

TTM: trailing 12 months

Assurant's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Assurant.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Assurant's total ESG risk score

Total ESG risk: 31.65

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Assurant's overall score of 31.65 (as at 01/01/2019) is nothing to write home about – landing it in it in the 47th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Assurant is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Assurant's environmental score

Environmental score: 7.26/100

Assurant's environmental score of 7.26 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Assurant's social score

Social score: 17.15/100

Assurant's social score of 17.15 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Assurant's governance score

Governance score: 19.75/100

Assurant's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Assurant is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Assurant's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Assurant scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Assurant hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Assurant Inc was last rated for ESG on: 2019-01-01.

Total ESG score 31.65
Total ESG percentile 46.54
Environmental score 7.26
Environmental score percentile 9
Social score 17.15
Social score percentile 9
Governance score 19.75
Governance score percentile 9
Level of controversy 3

Assurant share dividends

31%

Dividend payout ratio: 30.61% of net profits

Recently Assurant has paid out, on average, around 30.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Assurant shareholders could enjoy a 1.7% return on their shares, in the form of dividend payments. In Assurant's case, that would currently equate to about $2.64 per share.

While Assurant's payout ratio might seem fairly standard, it's worth remembering that Assurant may be investing much of the rest of its net profits in future growth.

Assurant's most recent dividend payout was on 20 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 November 2021 (the "ex-dividend date").

Assurant share price volatility

Over the last 12 months, Assurant's shares have ranged in value from as little as US$120.5748 up to US$172.22. A popular way to gauge a stock's volatility is its "beta".

AIZ.US volatility(beta: 0.64)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Assurant's is 0.6421. This would suggest that Assurant's shares are less volatile than average (for this exchange).

Assurant overview

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The Global Preneed segment offers pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.

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