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AIZ

AIZ - Assurant Inc Stock Price, Fair Value and News

173.33USD-0.86 (-0.49%)Delayed as of 15 Apr 2024, 02:35 pm ET

Market Summary

AIZ
USD173.33-0.86
Delayedas of 15 Apr 2024, 02:35 pm
-0.49%

AIZ Stock Price

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AIZ RSI Chart

AIZ Valuation

Market Cap

9.1B

Price/Earnings (Trailing)

14.1

Price/Sales (Trailing)

0.81

EV/EBITDA

6.69

Price/Free Cashflow

9.68

AIZ Price/Sales (Trailing)

AIZ Profitability

EBT Margin

7.25%

Return on Equity

13.36%

Return on Assets

1.91%

Free Cashflow Yield

10.33%

AIZ Fundamentals

AIZ Revenue

Revenue (TTM)

11.1B

Rev. Growth (Yr)

12.45%

Rev. Growth (Qtr)

7.53%

AIZ Earnings

Earnings (TTM)

642.5M

Earnings Growth (Yr)

167.99%

Earnings Growth (Qtr)

-4%

Breaking Down AIZ Revenue

52 Week Range

115.41176.89
(Low)(High)

Last 7 days

-3.1%

Last 30 days

-4.0%

Last 90 days

5.9%

Trailing 12 Months

47.5%

How does AIZ drawdown profile look like?

AIZ Financial Health

AIZ Investor Care

Dividend Yield

1.62%

Dividend/Share (TTM)

2.82

Buy Backs (1Y)

1.78%

Diluted EPS (TTM)

11.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202310.4B10.6B10.8B11.1B
202210.2B10.2B10.1B10.2B
20219.6B9.8B10.0B10.2B
202010.1B9.9B9.8B9.6B
20198.9B9.6B9.8B10.1B
20186.5B6.7B7.4B8.1B
20176.9B6.7B6.5B6.4B
20169.9B9.0B8.3B7.5B
201510.5B10.6B10.4B10.3B
20149.3B9.7B10.2B10.4B
20138.6B8.7B8.8B9.0B
20128.3B8.4B8.5B8.5B
20118.4B8.3B8.3B8.3B
20108.8B8.6B8.6B8.5B
20098.5B8.5B8.7B8.7B
200808.5B8.6B8.6B
20070008.5B
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Tracking the Latest Insider Buys and Sells of Assurant Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
nair biju
sold (taxes)
-622,132
187
-3,323
evp
Mar 16, 2024
meier keith
sold (taxes)
-589,495
181
-3,254
evp, cfo
Mar 16, 2024
jenns martin
acquired
-
-
1,749
evp
Mar 16, 2024
meier keith
acquired
-
-
9,507
evp, cfo
Mar 16, 2024
luthi francesca
acquired
-
-
10,042
evp, coo
Mar 16, 2024
campbell michael p.
acquired
-
-
6,674
evp
Mar 16, 2024
demmings keith
acquired
-
-
18,463
president and ceo
Mar 16, 2024
dirienzo dimitry
acquired
-
-
1,657
svp, cao, controller
Mar 16, 2024
campbell michael p.
sold (taxes)
-576,813
181
-3,184
evp
Mar 16, 2024
rosenblum jay
sold (taxes)
-504,712
181
-2,786
evp and clo

1–10 of 50

Which funds bought or sold AIZ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID
reduced
-0.46
3,298,910
32,725,500
1.83%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
790
7,530
-%
Apr 11, 2024
Gulf International Bank (UK) Ltd
unchanged
-
88,000
839,000
0.02%
Apr 10, 2024
Czech National Bank
reduced
-0.79
168,176
1,720,140
0.02%
Apr 10, 2024
Yarbrough Capital, LLC
unchanged
-
38,631
368,197
0.02%
Apr 10, 2024
Perpetual Ltd
new
-
789,102
789,102
0.01%
Apr 10, 2024
US Asset Management LLC
reduced
-0.67
74,000
754,000
0.68%
Apr 10, 2024
SOA Wealth Advisors, LLC.
unchanged
-
1,079
10,236
-%
Apr 10, 2024
Bruce G. Allen Investments, LLC
unchanged
-
987
9,412
0.01%
Apr 10, 2024
PARK AVENUE SECURITIES LLC
added
31.1
291,000
916,000
0.01%

1–10 of 49

Are Funds Buying or Selling AIZ?

Are funds buying AIZ calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AIZ
No. of Funds

Unveiling Assurant Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
9.7%
5,116,615
SC 13G/A
Feb 13, 2024
vanguard group inc
12.94%
6,806,278
SC 13G/A
Feb 09, 2024
bank of new york mellon corp
4.22%
2,220,530
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 30, 2024
state street corp
5.16%
2,713,381
SC 13G/A
Jan 24, 2024
bank of new york mellon corp
5.24%
2,753,683
SC 13G
Jan 24, 2024
blackrock inc.
10.2%
5,387,911
SC 13G/A
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

Recent SEC filings of Assurant Inc

View All Filings
Date Filed Form Type Document
Apr 04, 2024
ARS
ARS
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Apr 03, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Assurant Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.2B
1.59% 3149.83%
-4.8K
823.49
-25.27% -3.53%
50.8B
10.1B
-8.18% 17.42%
52.4
5.05
17.79% -12.97%
50.7B
41.4B
-1.07% 27.66%
16.94
1.22
12.15% 5.24%
50.2B
46.8B
-2.42% 42.70%
13.77
1.07
-14.05% -64.38%
46.3B
18.7B
-4.24% 21.04%
9.94
2.48
-2.30% 5.45%
33.7B
13.6B
-1.09% 27.67%
7.58
2.47
41.83% 201.02%
10.7B
7.8B
-2.35% 4.69%
12.5
1.36
11.18% -5.12%
MID-CAP
9.6B
12.4B
-1.89% 26.00%
7.5
0.78
3.35% -8.77%
9.1B
11.1B
-3.98% 47.49%
14.1
0.81
9.21% 132.28%
4.8B
11.6B
3.47% 36.47%
-6.38
0.41
-38.09% -155.38%
4.4B
2.8B
-1.54% 49.61%
20.79
1.54
100.59% -89.04%
SMALL-CAP
1.7B
1.2B
-9.58% 5.17%
-18.45
1.37
24.25% -115.79%
913.9M
306.9M
-7.83% -8.01%
14.71
2.98
4.11% 11.70%
675.7M
269.0M
-1.65% -0.99%
150.15
2.51
-46.68% -99.14%
44.7M
186.8M
-21.51% -11.69%
-261.29
0.24
-0.56% -111.21%

Assurant Inc News

Latest updates
MarketBeat5 hours ago
Yahoo Finance08 Apr 202401:40 pm
Yahoo Finance05 Apr 202407:00 am
CNN27 Mar 202411:03 am

Assurant Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.5%2,9832,7742,7322,6432,6532,5482,5102,4832,5752,6382,5422,4332,4182,3772,3522,4492,6062,4992,5462,4362,317
  S&GA Expenses--------802-2,3508187471,682757673725893798765824800751
EBITDA Margin11.3%0.10*0.09*0.07*0.06*0.06*0.07*0.09*0.10*0.10*0.10*0.10*0.10*---------
Interest Expenses-0.7%27.0027.0027.0027.0028.0026.0027.0027.0027.0028.0029.0028.0027.0026.0027.0026.0025.0032.0027.0027.0026.00
Income Taxes14.0%44.0039.0048.0034.0028.001.0018.0026.0034.0037.0053.0045.0038.0025.0045.00-48.5031.0029.0041.0048.0016.00
Earnings Before Taxes-1.0%22722920414796.009.0070.00175159188240185159113209100179-24.6018321743.00
EBT Margin15.7%0.07*0.06*0.04*0.03*0.03*0.04*0.06*0.07*0.08*0.08*0.07*0.07*---------
Net Income-4.0%18319015611468.007.0052.00149121880206151135-34.90174150123-59.5014016120.00
Net Income Margin18.1%0.06*0.05*0.03*0.02*0.03*0.03*0.12*0.13*0.13*0.14*0.05*0.04*---------
Free Cashflow10.1%308280136211225601127-542199-48.10902-458---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.3%33,63533,20933,10532,91533,11733,24631,72933,02333,92133,62545,99544,41144,65043,58344,23343,42344,29143,75243,14042,23741,089
    Cash Equivalents14.2%1,6271,4251,4021,5261,5371,4301,1821,2512,0412,0282,7461,6512,2082,1892,1081,9961,8581,7491,4901,2741,254
  Net PPE3.2%686664643671645618609585561529495469446468450438434419419410393
  Goodwill0.1%2,6092,6052,6062,6042,6032,5472,5582,5692,5722,5802,5892,5862,5892,3262,4412,3362,2052,3312,3382,3312,322
Liabilities0.4%28,82628,71828,61928,51928,88929,14727,26928,00228,45727,88040,08638,58538,69537,64338,24938,03738,60938,06137,37936,76535,955
Shareholder's Equity7.1%4,8104,4914,4864,3964,2294,0994,4604,9995,4645,7215,8885,8035,9405,9405,9855,3865,6685,6905,7605,4725,134
  Retained Earnings0.9%4,0283,9913,8773,7763,6993,6793,7743,9774,0414,2193,6403,6363,5496,1266,1946,0615,9665,8835,9815,8805,760
  Additional Paid-In Capital-0.3%1,6691,6731,6541,6421,6381,6271,6301,6521,6951,7311,7861,8041,9574,5684,5504,5414,5384,5254,5094,4964,496
Shares Outstanding-1.5%52.0053.0053.0053.0053.0055.0055.0056.0056.0060.0061.0059.00---------
Minority Interest------------3.003.004.0017.0016.0029.0032.0030.0031.0022.00
Float---6,630---9,170---9,220---6,120---6,470--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations9.7%363331185260277648173-501255-2.00948-418440609416-123246442479247202
  Share Based Compensation-10.0%22.0024.0017.0013.0015.0018.0017.0012.0018.0018.0017.0013.0016.0016.0015.0012.0015.0015.0014.0012.0018.00
Cashflow From Investing102.0%3.00-157-254-229-127-241120-13.301213.0019.0015.00-460-243-214182-6.20-4.00-162-447-298
Cashflow From Financing-14.5%-162-141-57.40-43.00-51.20-142-347-277-332-736132-15332.00-308-79.4091.00-129-168-10222148.00
  Dividend Payments3.8%39.0037.0040.0037.0038.0037.0039.0037.0039.0039.0042.0038.0040.0038.0040.0038.0038.0037.0038.0037.0038.00
  Buy Backs155.6%12649.0018.00-15.0091.0023723029532118142.0014368.0030.0057.0010866.0049.0050.0052.00

AIZ Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Net earned premiums$ 9,388.0$ 8,765.3$ 8,572.1
Fees and other income1,323.21,243.31,172.9
Net investment income489.1364.1314.4
Net realized (losses) gains on investments (including $(17.0), $(4.6) and $0.2 of impairment-related (losses) gains for the years ended December 31, 2023, 2022 and 2021, respectively) and fair value changes to equity securities(68.7)(179.7)128.2
Total revenues11,131.610,193.010,187.6
Benefits, losses and expenses   
Policyholder benefits2,521.82,359.82,201.9
Underwriting, selling, general and administrative expenses7,695.17,366.37,081.9
Goodwill impairment (Note 15)0.07.80.0
Interest expense108.0108.3111.8
(Gain) loss on extinguishment of debt (Note 19)(0.1)0.920.7
Total benefits, losses and expenses10,324.89,843.19,416.3
Income from continuing operations before income tax expense806.8349.9771.3
Income tax expense164.373.3168.4
Net income from continuing operations642.5276.6602.9
Net income from discontinued operations (Note 4)0.00.0758.9
Net income642.5276.61,361.8
Less: Preferred stock dividends0.00.0(4.7)
Net income attributable to common stockholders, basic642.5276.61,357.1
Net income attributable to common stockholders, diluted$ 642.5$ 276.6$ 1,357.1
Basic   
Net income from continuing operations (in dollars per share)$ 12.02$ 5.09$ 10.11
Net income from discontinued operations (in dollars per share)0012.84
Net income attributable to common stockholders (in dollars per share)12.025.0922.95
Diluted   
Net income from continuing operations (in dollars per share)11.955.0510.03
Net income from discontinuing operations (in dollars per share)0012.63
Net income attributable to common stockholders (in dollars per share)$ 11.95$ 5.05$ 22.66
Share Data   
Weighted average shares outstanding used in basic per share calculations (in shares)53,455,13954,371,53159,140,861
Plus: Dilutive securities (in shares)327,930410,997982,833
Weighted average common shares used in diluted per common share calculations (in shares)53,783,06954,782,52860,123,694

AIZ Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Investments:  
Fixed maturity securities available for sale, at fair value (amortized cost – $7,292.4 and $6,920.8 at December 31, 2023 and 2022, respectively)$ 6,912.1$ 6,283.7
Equity securities at fair value223.0281.3
Commercial mortgage loans on real estate, at amortized cost (net of allowances for credit losses of $4.0 and $1.8 at December 31, 2023 and 2022, respectively)328.7295.6
Short-term investments258.1155.5
Other investments499.0508.4
Total investments8,220.97,524.5
Cash and cash equivalents1,627.41,536.7
Premiums and accounts receivable (net of allowances for credit losses of $9.0 and $9.2 at December 31, 2023 and 2022, respectively)2,265.62,406.4
Reinsurance recoverables (net of allowances for credit losses of $4.8 and $5.4 at December 31, 2023 and 2022, respectively)6,649.26,999.4
Accrued investment income97.085.1
Deferred acquisition costs9,967.29,677.1
Property and equipment, net685.8645.1
Goodwill2,608.82,603.0
Value of business acquired83.9262.8
Other intangible assets, net567.1638.9
Other assets (net of allowances for credit losses of $0.7 and $1.7 at December 31, 2023 and 2022, respectively)[1]862.3738.3
Total assets33,635.233,117.3
Liabilities  
Future policy benefits and expenses487.2507.9
Unearned premiums20,110.419,802.4
Claims and benefits payable1,989.22,210.0
Commissions payable542.8647.5
Reinsurance balances payable430.1492.8
Funds held under reinsurance392.7366.6
Accounts payable and other liabilities (including allowances for credit losses of $8.3 and $10.3 at December 31, 2023 and 2022)2,792.72,731.5
Debt2,080.62,129.9
Total liabilities28,825.728,888.6
Commitments and contingencies (Note 27)
Stockholders’ equity  
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 54,252,083 and 55,126,470 shares issued and 51,955,994 and 52,830,381 shares outstanding at December 31, 2023 and 2022, respectively0.60.6
Additional paid-in capital1,668.51,637.8
Retained earnings4,028.23,699.3
Accumulated other comprehensive loss(765.0)(986.2)
Treasury stock, at cost; 2,296,089 shares at December 31, 2023 and 2022(122.8)(122.8)
Total equity4,809.54,228.7
Total liabilities and equity$ 33,635.2$ 33,117.3
[1]Other assets as of December 31, 2023 includes the assets of the Company’s Miami, Florida office which were reclassified from property and equipment, net, when held-for-sale criteria was met in second quarter 2023. Refer to Note 14 for additional information.
AIZ
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 products and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, leased and financed solutions, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.
 CEO
 WEBSITEassurant.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES13700

Assurant Inc Frequently Asked Questions


What is the ticker symbol for Assurant Inc? What does AIZ stand for in stocks?

AIZ is the stock ticker symbol of Assurant Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Assurant Inc (AIZ)?

As of Fri Apr 12 2024, market cap of Assurant Inc is 9.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIZ stock?

You can check AIZ's fair value in chart for subscribers.

What is the fair value of AIZ stock?

You can check AIZ's fair value in chart for subscribers. The fair value of Assurant Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Assurant Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Assurant Inc a good stock to buy?

The fair value guage provides a quick view whether AIZ is over valued or under valued. Whether Assurant Inc is cheap or expensive depends on the assumptions which impact Assurant Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIZ.

What is Assurant Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, AIZ's PE ratio (Price to Earnings) is 14.1 and Price to Sales (PS) ratio is 0.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Assurant Inc's stock?

In the past 10 years, Assurant Inc has provided 0.126 (multiply by 100 for percentage) rate of return.