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AIZ

Assurant NYSE:AIZ Stock Report

Last Price

US$145.27

Market Cap

US$7.7b

7D

-1.8%

1Y

-8.6%

Updated

02 Oct, 2022

Data

Company Financials +
AIZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health3/6
Dividends4/6

AIZ Stock 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.

Assurant, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Assurant
Historical stock prices
Current Share PriceUS$145.27
52 Week HighUS$194.12
52 Week LowUS$144.18
Beta0.55
1 Month Change-8.58%
3 Month Change-16.99%
1 Year Change-8.64%
3 Year Change14.58%
5 Year Change51.26%
Change since IPO488.14%

Recent News & Updates

Sep 26

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

Assurant (NYSE:AIZ) announced a multiyear extension of its long-standing partnership with T-Mobile (NASDAQ:TMUS) to continue providing comprehensive mobile device protection solutions. Over the last ten years, the two companies have leveraged innovation and agility to enhance the device ownership experience for customers. Starting in October, T-Mobile’s device repair program will be offered at company’s nationwide network of nearly 500 Cell Phone Repair. Company expects the impact of these changes, including costs to support the transition from the current in-store setup to CPR locations, to be neutral to operating results in 2022.

Aug 02

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

Assurant press release (NYSE:AIZ): Q2 Non-GAAP EPS of $2.95 misses by $0.23. Revenue of $2.51B (-1.2% Y/Y) misses by $120M. For FY2022, the company now expects 3 to 6 percent growth in Adjusted EBITDA, excluding reportable catastrophes, driven by profitable growth in Global Lifestyle, partially offset by a decline in Global Housing; 14 to 18 percent growth in Adjusted earnings, excluding reportable catastrophes, per diluted share, driven by share repurchases and continued profitable earnings growth.

Shareholder Returns

AIZUS InsuranceUS Market
7D-1.8%-1.1%-2.5%
1Y-8.6%-3.8%-23.2%

Return vs Industry: AIZ underperformed the US Insurance industry which returned -3.8% over the past year.

Return vs Market: AIZ exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is AIZ's price volatile compared to industry and market?
AIZ volatility
AIZ Average Weekly Movement4.4%
Insurance Industry Average Movement4.5%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: AIZ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AIZ's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189215,600Keith Demmingshttps://www.assurant.com

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 two segments: Global Lifestyle and Global Housing. 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.

Assurant, Inc. Fundamentals Summary

How do Assurant's earnings and revenue compare to its market cap?
AIZ fundamental statistics
Market CapUS$7.73b
Earnings (TTM)US$486.80m
Revenue (TTM)US$10.21b

15.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIZ income statement (TTM)
RevenueUS$10.21b
Cost of RevenueUS$9.22b
Gross ProfitUS$981.70m
Other ExpensesUS$494.90m
EarningsUS$486.80m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.15
Gross Margin9.62%
Net Profit Margin4.77%
Debt/Equity Ratio47.7%

How did AIZ perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

31%

Payout Ratio