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Assurant, Inc is an insurance—specialty business based in the US. Assurant shares (AIZ) are listed on the NYSE and all prices are listed in US Dollars. Assurant employs 13,600 staff and has a trailing 12-month revenue of around USD$10 billion.
|Latest market close||USD$120.59|
|52-week range||USD$76.27 - USD$142.61|
|50-day moving average||USD$121.62|
|200-day moving average||USD$107.6269|
|Wall St. target price||USD$147.75|
|Dividend yield||USD$2.52 (2.14%)|
|Earnings per share (TTM)||USD$6.315|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-24)||2.33%|
|1 month (2020-09-01)||-2.08%|
|3 months (2020-07-01)||19.31%|
|6 months (2020-04-01)||18.09%|
|1 year (2019-10-01)||-2.60%|
|2 years (2018-10-01)||12.76%|
|3 years (2017-09-29)||26.25%|
|5 years (2015-10-01)||53.64%|
Valuing Assurant stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Assurant's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Assurant's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Assurant shares trade at around 19x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Assurant's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Assurant's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Assurant's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$805.9 million.
The EBITDA is a measure of a Assurant's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$10 billion|
|Operating margin TTM||6.76%|
|Gross profit TTM||USD$934.3 million|
|Return on assets TTM||0.97%|
|Return on equity TTM||6.98%|
|Market capitalisation||USD$7 billion|
TTM: trailing 12 months
There are currently 1.8 million Assurant shares held short by investors – that's known as Assurant's "short interest". This figure is 0.8% up from 1.8 million last month.
There are a few different ways that this level of interest in shorting Assurant shares can be evaluated.
Assurant's "short interest ratio" (SIR) is the quantity of Assurant shares currently shorted divided by the average quantity of Assurant shares traded daily (recently around 310056.68358714). Assurant's SIR currently stands at 5.91. In other words for every 100,000 Assurant shares traded daily on the market, roughly 5910 shares are currently held short.
However Assurant's short interest can also be evaluated against the total number of Assurant shares, or, against the total number of tradable Assurant shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Assurant's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Assurant shares in existence, roughly 30 shares are currently held short) or 0.035% of the tradable shares (for every 100,000 tradable Assurant shares, roughly 35 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Assurant.
Find out more about how you can short Assurant stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Assurant.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 34.02
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Assurant's overall score of 34.02 (as at 08/01/2020) is nothing to write home about – landing it in it in the 50th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Assurant is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.38/100
Assurant's environmental score of 6.38 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 16.77/100
Assurant's social score of 16.77 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Assurant is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 18.87/100
Assurant's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Assurant is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Assurant scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Assurant hasn't always managed to keep its nose clean.
|Total ESG score||34.02|
|Total ESG percentile||50.04|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||3|
Dividend payout ratio: 39.21% of net profits
Recently Assurant has paid out, on average, around 39.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Assurant shareholders could enjoy a 2.14% return on their shares, in the form of dividend payments. In Assurant's case, that would currently equate to about $2.52 per share.
While Assurant's payout ratio might seem fairly standard, it's worth remembering that Assurant may be investing much of the rest of its net profits in future growth.
Assurant's most recent dividend payout was on 22 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 28 August 2020 (the "ex-dividend date").
Over the last 12 months, Assurant's shares have ranged in value from as little as $76.27 up to $142.61. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Assurant's is 0.6187. This would suggest that Assurant's shares are less volatile than average (for this exchange).
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. 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 New York, New York.
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