Assurant Inc. AIZ Stock Analysis

Assurant Inc. stock trades under the ticker AIZ & has shown bullishness signs that traders & investors should take a closer look at.

AIZ stock closed at $163.34/share on 11/22/2021.

Assurant Inc. AIZ Stock’s Technicals Broken Down

Assurant Inc. AIZ Stock's Technical Performance Over The Last Year

AIZ Stock Price: $163.34

10 Day Moving Average: $160.55

50 Day Moving Average: $161.59

200 Day Moving Average: $154.20

RSI: 55.54

MACD: -0.418

AIZ stock completed a bullish MACD crossover yesterday, jumping 2.42%.

There looks to be more momentum to come in the near-term, with ~0.6% between their 10 Day MA & 50 Day MA.

They have recently been trading at about average volume for the past year.

The next resistance test for AIZ stock looks to be $167.14.

Assurant Inc. AIZ Stock As A Long-Term Investment

Investors may be interested in AIZ’s fundamentals, particularly their valuation metrics.

AIZ stock has a P/E (ttm) of 18.39 & a P/B of 1.58.

They also have a relatively low beta at 0.64, so they tend to move less aggressively than the broader markets, which can be beneficial in times of volatility.

AIZ stock’s Quarterly Revenue Growth Y-o-Y is 11%.

Their balance sheet also looks decent, with Total Cash (mrq) of $2.25B & Total Debt (mrq) of $2.2B.

AIZ’s dividend yield is 1.66%, which appears to be safe with a payout ratio of 30.5%.

All of these factors contribute to the fact that 96% of their share float is held by institutional investors.

Assurant Inc. AIZ Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of AIZ’s current momentum, while also reducing the risks associated with broader market volatility.

I am looking at the contracts that expire of 12/17.

The $160 & $165 calls look appealing, as despite low open interest, they have very low implied volatility as well.

The $165 puts also look interesting, although also very illiquid.

There is no open interest on the $170 strike price contracts, although there may be some written in the near-future with last Friday being an expiration date.

Tying It All Together

Overall, AIZ stock looks to have many interesting attributes that traders & investors alike will be interested in.

Investors will like their valuation, balance sheet & dividend metrics in the long-term.

Traders will like their current momentum that looks set to continue climbing in the near-term.

All-in-all, AIZ stock is worth taking a closer look at, regardless of your trading style.


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