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AIZ

AIZ - Assurant Inc Stock Price, Fair Value and News

172.32USD+0.42 (+0.24%)Market Closed

Market Summary

AIZ
USD172.32+0.42
Market Closed
0.24%

AIZ Stock Price

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AIZ RSI Chart

AIZ Valuation

Market Cap

9.0B

Price/Earnings (Trailing)

11.7

Price/Sales (Trailing)

0.79

EV/EBITDA

6.09

Price/Free Cashflow

11.85

AIZ Price/Sales (Trailing)

AIZ Profitability

EBT Margin

8.38%

Return on Equity

15.55%

Return on Assets

2.3%

Free Cashflow Yield

8.44%

AIZ Fundamentals

AIZ Revenue

Revenue (TTM)

11.4B

Rev. Growth (Yr)

8.98%

Rev. Growth (Qtr)

-3.45%

AIZ Earnings

Earnings (TTM)

765.3M

Earnings Growth (Yr)

108.1%

Earnings Growth (Qtr)

29.53%

Breaking Down AIZ Revenue

Last 7 days

3.5%

Last 30 days

2.3%

Last 90 days

-0.9%

Trailing 12 Months

34.6%

How does AIZ drawdown profile look like?

AIZ Financial Health

AIZ Investor Care

Dividend Yield

1.65%

Dividend/Share (TTM)

2.84

Buy Backs (1Y)

2.19%

Diluted EPS (TTM)

14.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202411.4B000
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
Jul 01, 2024
nair biju
sold (taxes)
-27,870
166
-167
evp
May 24, 2024
carter j braxton ii
acquired
-
-
947
-
May 24, 2024
edelman harriet
acquired
-
-
947
-
May 24, 2024
redzic ognjen
acquired
-
-
947
-
May 24, 2024
granat sari beth
acquired
-
-
947
-
May 24, 2024
reilly paul j
acquired
-
-
947
-
May 24, 2024
rosen elaine
acquired
-
-
947
-
May 24, 2024
alves paget leonard
acquired
-
-
947
-
May 24, 2024
basu rajiv
acquired
-
-
947
-
May 24, 2024
jackson lawrence v
acquired
-
-
947
-

1–10 of 50

Which funds bought or sold AIZ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 17, 2024
SOA Wealth Advisors, LLC.
reduced
-37.04
-4,515
5,721
-%
Jul 17, 2024
Westside Investment Management, Inc.
unchanged
-
-550
4,156
-%
Jul 17, 2024
Baader Bank Aktiengesellschaft
sold off
-100
-329,420
-
-%
Jul 17, 2024
J.Safra Asset Management Corp
new
-
1,663
1,663
-%
Jul 17, 2024
WEST PACES ADVISORS INC.
unchanged
-
-1,363
10,308
-%
Jul 17, 2024
KBC Group NV
added
16.89
24,000
761,000
-%
Jul 17, 2024
SteelPeak Wealth, LLC
added
770
1,887,370
2,169,730
0.10%
Jul 17, 2024
Householder Group Estate & Retirement Specialist, LLC
unchanged
-
-10,987
82,000
0.02%
Jul 17, 2024
Yarbrough Capital, LLC
sold off
-100
-368,197
-
-%
Jul 17, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
reduced
-49.31
-2,282,610
1,850,200
0.03%

1–10 of 50

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
Jul 15, 2024
8-K
Current Report
Jul 02, 2024
4
Insider Trading
Jun 27, 2024
11-K
Employee Benefit Details
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading
May 28, 2024
4
Insider Trading

Peers (Alternatives to Assurant Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.3B
-22.03% 2882.81%
-5.8K
916.93
-10.27% -34.69%
59.1B
10.6B
3.33% 27.20%
54.14
5.57
20.42% -6.04%
53.6B
19.3B
5.94% 32.19%
10.01
2.77
3.03% 17.35%
51.8B
48.4B
5.29% 32.02%
10.73
1.07
-4.15% -20.63%
50.5B
42.9B
5.71% 29.23%
16.08
1.18
13.52% 12.15%
36.9B
14.4B
-2.53% 22.43%
7.61
2.56
32.92% 143.01%
11.0B
8.0B
4.03% 11.36%
12.51
1.38
11.14% 7.56%
10.1B
12.6B
8.36% 11.08%
7.68
0.81
4.24% -13.40%
MID-CAP
14.9B
3.2B
-15.96% 174.44%
21.02
4.72
64.05% -34.59%
9.0B
11.4B
2.33% 34.59%
11.7
0.79
9.81% 217.29%
5.5B
11.9B
2.78% 18.31%
4.05
0.46
-33.27% 234.43%
2.5B
1.3B
21.57% 66.42%
-46.24
1.98
18.74% 30.90%
SMALL-CAP
928.4M
308.9M
13.57% -10.01%
15.05
3.01
3.79% 10.94%
572.1M
314.0M
0.80% -8.86%
9.95
1.82
-29.20% -88.19%
34.5M
187.5M
-2.31% -10.58%
-47.68
0.18
2.74% 73.83%

Assurant Inc News

Latest updates
MarketBeat23 hours ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-3.5%2,8802,9832,7742,7322,6432,6532,5482,5102,4832,5752,6382,5422,4332,4182,3772,3522,4492,6062,4992,5462,436
  S&GA Expenses---------802-2,3508187471,682757673725893798765824800
EBITDA Margin11.0%0.11*0.10*0.09*0.07*0.06*0.06*0.07*0.09*0.10*0.10*0.10*0.10*---------
Interest Expenses0%27.0027.0027.0027.0027.0028.0026.0027.0027.0027.0028.0029.0028.0027.0026.0027.0026.0025.0032.0027.0027.00
Income Taxes28.1%57.0044.0039.0048.0034.0028.001.0018.0026.0034.0037.0053.0045.0038.0025.0045.00-48.5031.0029.0041.0048.00
Earnings Before Taxes29.3%29322722920414796.009.0070.00175159188240185159113209100179-24.60183217
EBT Margin15.6%0.08*0.07*0.06*0.04*0.03*0.03*0.04*0.06*0.07*0.08*0.08*0.07*---------
Net Income29.5%23618319015611468.007.0052.00149121880206151135-34.90174150123-59.50140161
Net Income Margin16.6%0.07*0.06*0.05*0.03*0.02*0.03*0.03*0.12*0.13*0.13*0.14*0.05*---------
Free Cashflow-89.7%32.00308280136211225601127-542199-48.10902---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.2%33,22533,63533,20933,10532,91533,11733,24631,72933,02333,92133,62545,99544,41144,65043,58344,23343,42344,29143,75243,14042,237
    Cash Equivalents-21.2%1,2821,6271,4251,4021,5261,5371,4301,1821,2512,0412,0282,7461,6512,2082,1892,1081,9961,8581,7491,4901,274
  Net PPE3.0%706686664643671645618609585561529495469446468450438434419419410
  Goodwill0.0%2,6092,6092,6052,6062,6042,6032,5472,5582,5692,5722,5802,5892,5862,5892,3262,4412,3362,2052,3312,3382,331
Liabilities-1.8%28,30528,82628,71828,61928,51928,88929,14727,26928,00228,45727,88040,08638,58538,69537,64338,24938,03738,60938,06137,37936,765
Shareholder's Equity2.3%4,9204,8104,4914,4864,3964,2294,0994,4604,9995,4645,7215,8885,8035,9405,9405,9855,3865,6685,6905,7605,472
  Retained Earnings4.1%4,1944,0283,9913,8773,7763,6993,6793,7743,9774,0414,2193,6403,6363,5496,1266,1946,0615,9665,8835,9815,880
  Additional Paid-In Capital-0.6%1,6591,6691,6731,6541,6421,6381,6271,6301,6521,6951,7311,7861,8041,9574,5684,5504,5414,5384,5254,5094,496
Shares Outstanding0.1%52.0052.0053.0053.0053.0053.0054.0055.0056.0056.0060.0060.00---------
Minority Interest-------------3.003.004.0017.0016.0029.0032.0030.0031.00
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-77.2%83.00363331185260277648173-501255-2.00948-418440609416-123246442479247
  Share Based Compensation-32.6%15.0022.0024.0017.0013.0015.0018.0017.0012.0018.0018.0017.0013.0016.0016.0015.0012.0015.0015.0014.0012.00
Cashflow From Investing-10687.1%-3283.00-157-254-229-127-241120-13.301213.0019.0015.00-460-243-214182-6.20-4.00-162-447
Cashflow From Financing40.6%-96.20-162-141-57.40-43.00-51.20-142-347-277-332-736132-15332.00-308-79.4091.00-129-168-102221
  Dividend Payments-2.9%37.0039.0037.0040.0037.0038.0037.0039.0037.0039.0039.0042.0038.0040.0038.0040.0038.0038.0037.0038.0037.00
  Buy Backs-63.4%46.0012649.0018.00-15.0091.0023723029532118142.0014368.0030.0057.0010866.0049.0050.00
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AIZ Income Statement

2024-03-31
Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Net earned premiums$ 2,376.5$ 2,265.5
Fees and other income385.7282.7
Net investment income126.7105.2
Net realized losses on investments (including $8.0 and $2.5 of impairment-related losses for the three months ended March 31, 2024 and 2023, respectively) and fair value changes to equity securities(8.8)(10.6)
Total revenues2,880.12,642.8
Benefits, losses and expenses  
Policyholder benefits623.1645.6
Underwriting, selling, general and administrative expenses1,937.31,823.2
Interest expense26.827.0
Gain on extinguishment of debt0.0(0.1)
Total benefits, losses and expenses2,587.22,495.7
Income before income tax expense292.9147.1
Income tax expense56.533.5
Net income$ 236.4$ 113.6
Earnings Per Common Share  
Basic (in dollars per share)$ 4.50$ 2.12
Diluted (in dollars per share)$ 4.47$ 2.12
Share Data  
Weighted average common shares outstanding used in basic per common share calculations (in shares)52,531,86553,492,413
Plus: Dilutive securities (in shares)340,389205,749
Weighted average common shares outstanding used in diluted per common share calculations (in shares)52,872,25453,698,162

AIZ Balance Sheet

2024-03-31
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed maturity securities available for sale, at fair value (amortized cost - $7,617.9 and $7,292.4 at March 31, 2024 and December 31, 2023, respectively)$ 7,214.1$ 6,912.1
Equity securities at fair value243.9223.0
Commercial mortgage loans on real estate, at amortized cost (net of allowances for credit losses of $5.0 and $4.0 at March 31, 2024 and December 31, 2023, respectively)332.5328.7
Short-term investments192.8258.1
Other investments486.8499.0
Total investments8,470.18,220.9
Cash and cash equivalents1,281.91,627.4
Premiums and accounts receivable (net of allowances for credit losses of $8.5 and $9.0 at March 31, 2024 and December 31, 2023, respectively)2,002.72,265.6
Reinsurance recoverables (net of allowances for credit losses of $4.6 and $4.8 at March 31, 2024 and December 31, 2023, respectively)6,589.16,649.2
Accrued investment income96.697.0
Deferred acquisition costs9,978.99,967.2
Property and equipment, net706.1685.8
Goodwill2,608.52,608.8
Value of business acquired46.883.9
Other intangible assets, net562.6567.1
Other assets (net of allowances for credit losses of $0.7 at March 31, 2024 and December 31, 2023)882.1862.3
Total assets33,225.433,635.2
Liabilities  
Future policy benefits and expenses521.5487.2
Unearned premiums20,031.120,110.4
Claims and benefits payable2,015.41,989.2
Commissions payable499.0542.8
Reinsurance balances payable390.0430.1
Funds held under reinsurance311.8392.7
Accounts payable and other liabilities (including allowances for credit losses of $6.4 and $8.3 at March 31, 2024 and December 31, 2023, respectively, for the unsecured portion of the high deductible recoverables)2,455.42,792.7
Debt2,081.22,080.6
Total liabilities28,305.428,825.7
Commitments and contingencies (Note 14)
Stockholders’ equity  
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 54,319,141 and 54,252,083 shares issued and 52,023,052 and 51,955,994 shares outstanding at March 31, 2024 and December 31, 2023, respectively0.60.6
Additional paid-in capital1,659.21,668.5
Retained earnings4,194.24,028.2
Accumulated other comprehensive loss(811.2)(765.0)
Treasury stock, at cost; 2,296,089 shares at March 31, 2024 and December 31, 2023(122.8)(122.8)
Total equity4,920.04,809.5
Total liabilities and equity$ 33,225.4$ 33,635.2
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 Thu Jul 18 2024, market cap of Assurant Inc is 8.96 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 Thu Jul 18 2024, AIZ's PE ratio (Price to Earnings) is 11.7 and Price to Sales (PS) ratio is 0.79. 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 0.121 (multiply by 100 for percentage) rate of return.