Assurant Inc

Company Profile

Assurant Inc had its IPO on 2004-02-05 under the ticker symbol AIZ.

The company operates in the Financial Services sector and Insurance-Specialty industry. Assurant Inc has a staff strength of 13,700 employees.

Stock update

Shares of Assurant Inc opened at $139.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $139.43 - $141.97, and closed at $141.04.

This is a +1.11% increase from the previous day's closing price.

A total volume of 233,105 shares were traded at the close of the day’s session.

In the last one week, shares of Assurant Inc have increased by +0.73%.

Assurant Inc's Key Ratios

Assurant Inc has a market cap of $6.69 billion, indicating a price to book ratio of 1.6194 and a price to sales ratio of 0.653.

In the last 12-months Assurant Inc’s revenue was $10.19 billion with a gross profit of $714.40 million and an EBITDA of $702 million. The EBITDA ratio measures Assurant Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Assurant Inc’s operating margin was 5.1% while its return on assets stood at 0.97% with a return of equity of 5.71%.

In Q4, Assurant Inc’s quarterly earnings growth was a negative -39.2% while revenue growth was a positive 3%.

Assurant Inc’s PE and PEG Ratio

Forward PE

9.2678

Trailing PE

25.0873

PEG

1.46

Its diluted EPS in the last 12-months stands at $5.04 per share while it has a forward price to earnings multiple of 9.2678 and a PEG multiple of 1.46. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Assurant Inc’s profitability.

Assurant Inc stock is trading at a EV to sales ratio of 0.7254 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.653.

Assurant Inc stock pays annual dividends of $2.74 per share, indicating a yield of 2.21% and a payout ratio of 25.23%.

Balance sheet and cash flow metrics

Total Assets

$33.12 billion

Total Liabilities

$2.73 billion

Operating Cash Flow

$-127200000.00

Capital Expenditure

$52.40 million

Dividend Payout Ratio

25.23%

Assurant Inc ended 2024 with $33.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $33.12 billion while shareholder equity stood at $4.23 billion.

Assurant Inc ended 2024 with $0 in deferred long-term liabilities, $2.73 billion in other current liabilities, 600000.00 in common stock, $5.21 billion in retained earnings and $2.60 billion in goodwill. Its cash balance stood at $1.54 billion and cash and short-term investments were $7.82 billion. The company’s total short-term debt was $0 while long-term debt stood at $2.13 billion.

Assurant Inc’s total current assets stands at $10.23 billion while long-term investments were $7.61 billion and short-term investments were $6.28 billion. Its net receivables were $7.01 billion compared to accounts payable of $4.24 billion and inventory worth $0.

In 2024, Assurant Inc's operating cash flow was $-127200000.00 while its capital expenditure stood at $52.40 million.

Comparatively, Assurant Inc paid $0.25 in dividends in 2024.

Other key metrics

Current Trading Price

$141.04

52-Week High

$190.4867

52-Week Low

$117.708

Analyst Target Price

$157.8

Assurant Inc stock is currently trading at $141.04 per share. It touched a 52-week high of $190.4867 and a 52-week low of $190.4867. Analysts tracking the stock have a 12-month average target price of $157.8.

Its 50-day moving average was $134.99 and 200-day moving average was $126.48 The short ratio stood at 2.6 indicating a short percent outstanding of 0%.

Around 94.3% of the company’s stock are held by insiders while 9768.2% are held by institutions.