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Assurant NYSE:AIZ Stock Report

Last Price

US$220.85

Market Cap

US$11.2b

7D

3.6%

1Y

34.7%

Updated

20 Nov, 2024

Data

Company Financials +

Assurant, Inc.

NYSE:AIZ Stock Report

Market Cap: US$11.2b

AIZ Stock Overview

Provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. More details

AIZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends4/6

Rewards

Trading at 51.7% below our estimate of its fair value

Earnings are forecast to grow 14.45% per year

Earnings grew by 40.4% over the past year

Risk Analysis

Significant insider selling over the past 3 months


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Partnerships, Innovations, And Smart Strategies Power A Bright Future In Insurance And Financial Services

Key Takeaways Growth in the Global Housing division, driven by strategic partnerships, could enhance revenue and margins through increased policy growth and expense leverage. Investments in Connected Living and new automotive measures are expected to stabilize costs and boost revenue, earnings, and net margins.
View narrative
US$229.60
FV
3.8% undervalued intrinsic discount
3.33%
Revenue growth p.a.
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Updated narrative

Assurant, Inc. Competitors

American Financial Group

NYSE:AFG

US$11.6b

CNA Financial

NYSE:CNA

US$13.2b

AXIS Capital Holdings

NYSE:AXS

US$7.1b

Old Republic International

NYSE:ORI

US$9.4b

Price History & Performance

Summary of all time highs, changes and price drops for Assurant
Historical stock prices
Current Share PriceUS$220.85
52 Week HighUS$222.67
52 Week LowUS$160.12
Beta0.57
11 Month Change13.62%
3 Month Change16.39%
1 Year Change34.71%
33 Year Change36.39%
5 Year Change65.68%
Change since IPO794.13%

Recent News & Updates

Recent updates

Assurant: Niche Markets Lead To Consistent Growth

Sep 11

Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Aug 29
Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Jul 26
Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Assurant: The Growth Story Remains Solid

Jul 12

Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 09
Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Apr 29
Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Assurant: My Peter Lynch Story, But The Stock Is A Hold

Jan 11

Assurant's (NYSE:AIZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 17
Assurant's (NYSE:AIZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Assurant: Rapid Growth And An Improving Portfolio

Oct 23

Assurant Remains Cheaply Valued, Even After Its Rally

Sep 20

Assurant: Growth And Sticky Rate Hikes Reduce Upside, Downgrade To Hold

Jun 28

Assurant Q4 2022 Earnings Preview

Feb 06

Assurant declares $0.70 dividend

Jan 19

Assurant Is Trading At A Nearly 5-Year Low Valuation Level

Jan 10

Assurant announces cost-cutting plan, expects $55M in annual run rate savings by 2024-end

Dec 13

Assurant's (NYSE:AIZ) Upcoming Dividend Will Be Larger Than Last Year's

Nov 14
Assurant's (NYSE:AIZ) Upcoming Dividend Will Be Larger Than Last Year's

Assurant Non-GAAP EPS of $1.01 beats by $0.01, revenue of $2.55B misses by $50M

Nov 01

Assurant Has Become Undervalued

Oct 04

Assurant and T-Mobile enter a multi-year agreement for device protection solutions

Sep 26

Assurant Non-GAAP EPS of $2.95 misses by $0.23, revenue of $2.51B misses by $120M

Aug 02

Assurant Likely To Remain A Safe Haven In The Ongoing Bear Market

Jul 10

I Ran A Stock Scan For Earnings Growth And Assurant (NYSE:AIZ) Passed With Ease

Jun 13
I Ran A Stock Scan For Earnings Growth And Assurant (NYSE:AIZ) Passed With Ease

Shareholder Returns

AIZUS InsuranceUS Market
7D3.6%-0.5%-1.0%
1Y34.7%30.1%30.3%

Return vs Industry: AIZ exceeded the US Insurance industry which returned 30.5% over the past year.

Return vs Market: AIZ exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is AIZ's price volatile compared to industry and market?
AIZ volatility
AIZ Average Weekly Movement3.1%
Insurance Industry Average Movement4.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: AIZ has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AIZ's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189213,600Keith Demmingswww.assurant.com

Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services.

Assurant, Inc. Fundamentals Summary

How do Assurant's earnings and revenue compare to its market cap?
AIZ fundamental statistics
Market capUS$11.24b
Earnings (TTM)US$741.40m
Revenue (TTM)US$11.76b

15.3x

P/E Ratio

1.0x

P/S Ratio

Is AIZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIZ income statement (TTM)
RevenueUS$11.76b
Cost of RevenueUS$10.50b
Gross ProfitUS$1.26b
Other ExpensesUS$514.20m
EarningsUS$741.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.46
Gross Margin10.68%
Net Profit Margin6.31%
Debt/Equity Ratio39.6%

How did AIZ perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

20%

Payout Ratio