Mizuho Securities USA LLC has increased their holdings in Assurant, Inc. (NYSE:AIZ), which has been included in Forbes' Best Employers for Veterans 2024 list. Assurant has also been named by Frost & Sullivan as a Customer Value Leader in the U.S. Mobile Device Trade-In and Upgrade Industry for 2024. Despite a Q3 Profit Drop, Assurant has raised its 2024 outlook and plans a $300M share buyback. The company's Q3 earnings and revenues exceeded estimates, boosting the stock's performance compared to competitors. Assurant also highlighted its strong growth in the global housing market, leading to its stock price being expected to rise. The company further announced an increase in their stock's annual dividend. Assurant's insiders have sold US$5.1m of stock, possibly signalling caution. However, the company’s stock remains strong with its price target raised to $240.
Assurant AIZ News Analytics from Mon, 08 May 2023 07:00:00 GMT to Sat, 16 Nov 2024 15:03:52 GMT -
Rating 7
- Innovation -3
- Information 8
- Rumor -4
