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Assurant (AIZ)
NYSE:AIZ
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AIZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$136.88 - $199.50
Previous Close$192.58
Volume365.55K
Average Volume (3M)340.96K
Market Cap
$10.09B
Enterprise Value$10.09B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)13.0
Beta0.63
Next Earnings
Oct 29, 2024EPS Estimate
$3.29Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.47%
Share Statistics
EPS (TTM)15.01
Shares Outstanding51,793,255
10 Day Avg. Volume343,550
30 Day Avg. Volume340,959
Standard Deviation0.06
R-Squared0.23
Alpha0.00413
Financial Highlights & Ratios
Price to Book (P/B)5.51
Price to Sales (P/S)0.87
Price to Cash Flow (P/CF)3.60
P/FCF Ratio3.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.87
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$210.50Price Target Upside9.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Assurant News
Bulls Say, Bears Say
Bulls Say
Earnings OutlookThe company now expects adj. EBITDA growth at 'high single digits' for 2024E, incrementally positive vs prior 1Q24 guidance of 'high end of mid-single digit range'.
Financial PerformancePremium growth of +18% materially exceeded the forecast of +8% as policy count and insured values increased.
Management ActionsManagement now expects FY24E repurchases to be at the high end of the previously provided $200-$300mn range.
Bears Say
Analyst RatingAnalyst is reducing the rating to Neutral from Overweight while the $200 price target remains unchanged.
ExposureAIZ is in its historically most catastrophe-exposed earnings quarter given a plurality of exposure in Global Housing (~33%) is coastal.
ValuationShares are now trading within 0.5x its 5-year average (of 11.4x) and appear fairly valued.
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Ownership Overview
12.70% Insiders
36.68% Mutual Funds
49.88% Other Institutional Investors
0.74% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AIZ FAQ
What was Assurant’s price range in the past 12 months?
Assurant lowest stock price was $136.88 and its highest was $199.50 in the past 12 months.
What is Assurant’s market cap?
Currently, no data Available
When is Assurant’s upcoming earnings report date?
Assurant’s upcoming earnings report date is Oct 29, 2024 which is in 51 days.
How were Assurant’s earnings last quarter?
Assurant released its earnings results on Aug 06, 2024. The company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.714 by $0.366.
Is Assurant overvalued?
According to Wall Street analysts Assurant’s price is currently Undervalued.
Does Assurant pay dividends?
Assurant pays a Quarterly dividend of $0.72 which represents an annual dividend yield of 1.47%. See more information on Assurant dividends here
What is Assurant’s EPS estimate?
Assurant’s EPS estimate is $3.29.
How many shares outstanding does Assurant have?
Assurant has 51,793,255 shares outstanding.
What happened to Assurant’s price movement after its last earnings report?
Assurant reported an EPS of $4.08 in its last earnings report, beating expectations of $3.714. Following the earnings report the stock price went up 0.012%.
Which hedge fund is a major shareholder of Assurant?
Among the largest hedge funds holding Assurant’s share is Bridgewater Associates, LP. It holds Assurant’s shares valued at 14M.
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Assurant Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$210.50 (9.31% Upside)
$210.50 (9.31% Upside)
Blogger Sentiment
Bullish
AIZ Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 43.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $682.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.6%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.89%
12-Months-Change
Fundamentals
Return on Equity
16.81%
Trailing 12-Months
Asset Growth
2.18%
Trailing 12-Months
Company Description
Assurant
Assurant, Inc. engages in the provision of risk management solutions. It operates through following segments: Global Housing, Global Lifestyle, and Global Preneed. The Global Housing segment provides lender-placed homeowners, multi-family housing, and mortgage solutions. The Global Lifestyle segment offers mobile device protection products, related & extended service products and related services for consumer electronics & appliances, vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was founded on February 4, 2004 and is headquartered in New York, NY.
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AIZ Company Deck
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AIZ Earnings Call
Q2 2024
0:00 / 0:00
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AIZ Revenue Breakdown
83.51% U.S.
16.49% Other
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AIZ Stock 12 Month Forecast
Average Price Target
$210.50
▲(9.31% Upside)
Technical Analysis
Best Analysts Covering AIZ
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+23.01%
assigned a buy rating last month
Copying Grace Carter's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +23.01% per trade.
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