Last 7 days
1.6%
Last 30 days
-13.1%
Last 90 days
-9.8%
Trailing 12 Months
-37.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 82.1B | 49.6B | -1.45% | 23.08% | 113.76 | 1.65 | 4.00% | -78.47% |
MET | 42.3B | 69.9B | -23.30% | -20.83% | 16.68 | 0.61 | -1.66% | -61.26% |
AFL | 39.6B | 19.5B | -8.02% | -0.58% | 9.42 | 2.03 | -11.78% | -2.87% |
TRV | 38.3B | 36.9B | -11.40% | -9.04% | 13.47 | 1.04 | 5.94% | -22.39% |
PFG | 17.4B | 17.5B | -18.79% | 0.52% | 3.62 | 1 | 22.64% | 181.28% |
MID-CAP | ||||||||
RGA | 10.0B | 16.3B | -13.53% | 18.41% | 37 | 0.61 | -2.40% | 0.97% |
UNM | 7.6B | 12.0B | -9.63% | 24.94% | 5.75 | 0.63 | -0.19% | 59.45% |
AIZ | 6.0B | 10.2B | -13.09% | -37.50% | 21.54 | 0.58 | 0.05% | -79.62% |
CNO | 2.4B | 3.6B | -15.59% | -15.74% | 6.09 | 0.68 | -13.23% | -10.02% |
GNW | 2.4B | 7.5B | -20.83% | 27.35% | 3.86 | 0.31 | -4.15% | -32.63% |
TRUP | 1.6B | 905.2M | -29.71% | -58.57% | -35.21 | 1.74 | 29.50% | -25.73% |
SMALL-CAP | ||||||||
HMN | 1.4B | 1.4B | -10.42% | -18.96% | -523.07 | 0.98 | 3.97% | -101.82% |
PLMR | 1.3B | 327.1M | -8.98% | -16.27% | 25.76 | 4.11 | 39.88% | 13.79% |
JRVR | 776.0M | 813.7M | -6.42% | -3.67% | 25.05 | 0.95 | 5.28% | 117.92% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 0.8% | 10,193 | 10,115 | 10,205 | 10,238 | 10,188 |
S&GA Expenses | 32.3% | 4,296 | 3,246 | - | - | - |
EBITDA | -9.3% | 640 | 706 | 886 | 1,049 | - |
EBITDA Margin | -9.9% | 0.06* | 0.07* | 0.10* | 0.10* | - |
Earnings Before Taxes | -15.1% | 350 | 412 | 592 | 762 | 771 |
EBT Margin | -15.8% | 0.03* | 0.04* | 0.07* | 0.07* | - |
Interest Expenses | 0.7% | 108 | 108 | 109 | 110 | 112 |
Net Income | -16.0% | 277 | 329 | 1,202 | 1,356 | 1,357 |
Net Income Margin | -16.7% | 0.03* | 0.03* | 0.14* | 0.13* | - |
Free Cahsflow | 6.8% | 411 | 385 | -264 | 510 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -0.4% | 33,124 | 33,246 | 31,729 | 33,023 | 33,921 |
Cash Equivalents | 7.5% | 1,537 | 1,430 | 1,182 | 1,251 | 2,041 |
Net PPE | 4.5% | 645 | 618 | 609 | 585 | 561 |
Goodwill | 2.2% | 2,603 | 2,547 | 2,558 | 2,569 | 2,572 |
Liabilities | -0.9% | 28,895 | 29,147 | 27,269 | 28,002 | 28,457 |
Shareholder's Equity | 3.2% | 4,229 | 4,099 | 4,460 | 4,999 | 5,464 |
Retained Earnings | 0.6% | 3,699 | 3,679 | 3,774 | 3,977 | 4,041 |
Additional Paid-In Capital | 0.7% | 1,638 | 1,627 | 1,630 | 1,652 | 1,695 |
Shares Outstanding | -0.1% | 53.00 | 53.00 | 53.00 | 55.00 | 56.00 |
Minority Interest | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 3.9% | 597 | 575 | -75.40 | 699 | 782 |
Share Based Compensation | -4.1% | 63.00 | 65.00 | 66.00 | 66.00 | 67.00 |
Cashflow From Investing | -1772.1% | -262 | -14.00 | 231 | 130 | 158 |
Cashflow From Financing | 25.6% | -818 | -1,099 | -1,693 | -1,214 | -1,089 |
Dividend Payments | -1.1% | 150 | 152 | 154 | 157 | 158 |
Buy Backs | -32.8% | 573 | 853 | 1,083 | 1,027 | 839 |
45.8%
26.5%
0.8%
Y-axis is the maximum loss one would have experienced if Assurant was unfortunately bought at previous high price.
12.1%
7.7%
7.2%
6.6%
FIve years rolling returns for Assurant.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.29 | -328,924 | 1,742,340 | 0.01% |
2023-03-17 | American Portfolios Advisors | added | 3,364 | 121,483 | 125,804 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -96.79 | -13,570,400 | 385,560 | -% |
2023-03-07 | Nordwand Advisors, LLC | new | - | 649,437 | 649,437 | 0.08% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -22.5 | -82,000 | 160,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -81.82 | -43,914,600 | 8,149,410 | 0.01% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -1,000 | - | -% |
2023-02-24 | NATIXIS | reduced | -21.89 | -1,038,600 | 2,130,400 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -110,000 | 673,000 | 0.01% |
2023-02-21 | Empowered Funds, LLC | new | - | 721,471 | 721,471 | 0.05% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | t. rowe price investment management, inc. | 10.8% | 5,694,084 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 13.34% | 7,048,915 | SC 13G/A | |
Feb 08, 2023 | state street corp | 5.39% | 2,848,731 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 10.7% | 5,662,762 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 10.7% | 5,662,762 | SC 13G/A | |
Sep 08, 2022 | blackrock inc. | 10.1% | 5,386,534 | SC 13G | |
Feb 14, 2022 | price t rowe associates inc /md/ | 10.7% | 6,144,501 | SC 13G/A | |
Feb 10, 2022 | state street corp | 5.44% | 3,100,539 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 12.05% | 6,864,464 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 107.89 -5.66% | 137.87 20.56% | 210.04 83.67% | 322.62 182.11% | 439.91 284.67% |
Current Inflation | 99.91 -12.64% | 125.96 10.14% | 186.81 63.35% | 281.07 145.78% | 379.15 231.54% |
Very High Inflation | 89.92 -21.37% | 111.35 -2.63% | 159.31 39.31% | 233.08 103.81% | 309.73 170.84% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 23, 2023 | ARS | ARS | |
Mar 23, 2023 | DEF 14A | DEF 14A | |
Mar 23, 2023 | DEFA14A | DEFA14A | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading | |
Mar 20, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-16 | Lonergan Robert | acquired | - | - | 8,534 | evp |
2023-03-16 | Lonergan Robert | sold (taxes) | -314,822 | 110 | -2,837 | evp |
2023-03-16 | DiRienzo Dimitry | acquired | - | - | 597 | svp, cao, controller |
2023-03-16 | MEIER KEITH | acquired | - | - | 8,826 | evp, coo |
2023-03-16 | DiRienzo Dimitry | sold (taxes) | -17,977 | 110 | -162 | svp, cao, controller |
2023-03-16 | Demmings Keith | acquired | - | - | 23,743 | president and ceo |
2023-03-16 | Demmings Keith | sold (taxes) | -673,366 | 110 | -6,068 | president and ceo |
2023-03-16 | Luthi Francesca | acquired | - | - | 9,125 | evp, cao |
2023-03-16 | DZIADZIO RICHARD S | sold (taxes) | -838,933 | 110 | -7,560 | evp and cfo |
2023-03-16 | Rosenblum Jay | sold (taxes) | -100,428 | 110 | -905 | evp and clo |
Consolidated Statements of Operations - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues | |||
Net earned premiums | $ 8,765.3 | $ 8,572.1 | $ 8,277.9 |
Fees and other income | 1,243.3 | 1,172.9 | 1,042.3 |
Net investment income | 364.1 | 314.4 | 285.6 |
Net realized (losses) gains on investments (including $(4.6), $0.2 and $(19.7) of impairment-related (losses) gains for the years ended December 31, 2022, 2021 and 2020, respectively) and fair value changes to equity securities | (179.7) | 128.2 | (8.2) |
Total revenues | 10,193.0 | 10,187.6 | 9,597.6 |
Benefits, losses and expenses | |||
Policyholder benefits | 2,359.8 | 2,201.9 | 2,275.2 |
Underwriting, selling, general and administrative expenses | 7,366.3 | 7,081.9 | 6,639.8 |
Goodwill impairment (Note 15) | 7.8 | 0.0 | 0.0 |
Interest expense | 108.3 | 111.8 | 104.5 |
Loss on extinguishment of debt (Note 19) | 0.9 | 20.7 | 0.0 |
Total benefits, losses and expenses | 9,843.1 | 9,416.3 | 9,019.5 |
Income from continuing operations before income tax expense | 349.9 | 771.3 | 578.1 |
Income tax expense | 73.3 | 168.4 | 58.7 |
Net income from continuing operations | 276.6 | 602.9 | 519.4 |
Net income (loss) from discontinued operations (Note 4) | 0.0 | 758.9 | (77.7) |
Net income | 276.6 | 1,361.8 | 441.7 |
Less: Net income attributable to non-controlling interest | 0.0 | 0.0 | (0.9) |
Net income attributable to stockholders | 276.6 | 1,361.8 | 440.8 |
Less: Preferred stock dividends | 0.0 | (4.7) | (18.7) |
Net income attributable to common stockholders, basic | 276.6 | 1,357.1 | 422.1 |
Net income attributable to common stockholders, diluted | $ 276.6 | $ 1,357.1 | $ 422.1 |
Basic | |||
Net income from continuing operations (in dollars per share) | $ 5.09 | $ 10.11 | $ 8.31 |
Net income (loss) from discontinued operations (in dollars per share) | 0 | 12.84 | (1.29) |
Net income attributable to common stockholders (in dollars per share) | 5.09 | 22.95 | 7.02 |
Diluted | |||
Net income from continuing operations (in dollars per share) | 5.05 | 10.03 | 8.21 |
Net income (loss) from discontinuing operations (in dollars per share) | 0 | 12.63 | (1.23) |
Net income attributable to common stockholders (in dollars per share) | $ 5.05 | $ 22.66 | $ 6.98 |
Share Data | |||
Weighted average shares outstanding used in basic per share calculations (in shares) | 54,371,531 | 59,140,861 | 60,114,670 |
Plus: Dilutive securities (in shares) | 410,997 | 982,833 | 3,065,268 |
Weighted average shares used in diluted earnings per share calculations (in shares) | 54,782,528 | 60,123,694 | 63,179,938 |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Investments: | ||
Fixed maturity securities available for sale, at fair value (amortized cost – $6,920.8 and $6,903.9 at December 31, 2022 and 2021, respectively) | $ 6,283.7 | $ 7,215.3 |
Equity securities at fair value | 281.3 | 445.7 |
Commercial mortgage loans on real estate, at amortized cost (net of allowances for credit losses of $1.8 and $1.1 at December 31, 2022 and 2021, respectively) | 295.6 | 256.5 |
Short-term investments | 155.5 | 247.8 |
Other investments | 508.4 | 506.3 |
Total investments | 7,524.5 | 8,671.6 |
Cash and cash equivalents | 1,536.7 | 2,040.8 |
Premiums and accounts receivable (net of allowances for credit losses of $9.2 and $9.4 at December 31, 2022 and 2021, respectively) | 2,406.4 | 1,942.5 |
Reinsurance recoverables (net of allowances for credit losses of $5.4 and $5.0 at December 31, 2022 and 2021, respectively) | 7,005.9 | 6,181.2 |
Accrued investment income | 85.1 | 62.1 |
Deferred acquisition costs | 9,677.1 | 8,811.0 |
Property and equipment, net | 645.1 | 561.4 |
Goodwill | 2,603.0 | 2,571.6 |
Value of business acquired | 262.8 | 583.4 |
Other intangible assets, net | 638.9 | 719.2 |
Other assets (net of allowances for credit losses of $1.7 and $2.5 at December 31, 2022 and 2021, respectively) | 738.3 | 698.9 |
Assets held for sale (Note 4) | 0.0 | 1,076.9 |
Total assets | 33,123.8 | 33,920.6 |
Liabilities | ||
Future policy benefits and expenses | 428.5 | 413.2 |
Unearned premiums | 19,802.4 | 18,623.7 |
Claims and benefits payable | 2,295.9 | 1,604.8 |
Commissions payable | 647.5 | 692.7 |
Reinsurance balances payable | 492.8 | 446.2 |
Funds held under reinsurance | 366.6 | 364.2 |
Accounts payable and other liabilities (net of allowances for credit losses of $10.3 at December 31, 2022) | 2,731.5 | 3,044.4 |
Debt | 2,129.9 | 2,202.5 |
Liabilities held for sale (Note 4) | 0.0 | 1,064.8 |
Total liabilities | 28,895.1 | 28,456.5 |
Commitments and contingencies (Note 28) | ||
Stockholders’ equity | ||
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 55,126,470 and 58,050,202 shares issued and 52,830,381 and 55,754,113 shares outstanding at December 31, 2022 and 2021, respectively | 0.6 | 0.7 |
Additional paid-in capital | 1,637.8 | 1,695.0 |
Retained earnings | 3,699.3 | 4,041.2 |
Accumulated other comprehensive (loss) income | (986.2) | (150.0) |
Treasury stock, at cost; 2,296,089 shares at December 31, 2022 and 2021 | (122.8) | (122.8) |
Total equity | 4,228.7 | 5,464.1 |
Total liabilities and equity | $ 33,123.8 | $ 33,920.6 |