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Assurant, Inc. (AIZ)

Stock Price: $122.21 USD 3.34 (2.81%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 7.29B
Revenue (ttm) 9.98B
Net Income (ttm) 371.60M
Shares Out 59.65M
EPS (ttm) 6.32
PE Ratio 19.34
Forward PE 14.16
Dividend $2.52
Dividend Yield 2.06%

Stock Quote

Trading Day Aug 7, 2020
Last Price $122.21
Previous Close $118.87
Change ($) 3.34
Change (%) 2.81%
Day's Open 118.45
Day's Range 118.30 - 122.31
Day's Volume 428,368
52-Week Range 76.27 - 142.61

More Stats

Market Cap 7.29B
Enterprise Value 7.50B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date May 22, 2020
Shares Outstanding 59.65M
Float 59.69M
EPS (basic) 5.75
EPS (diluted) 6.32
FCF / Share 15.62
Dividend $2.52
Dividend Yield 2.06%
Earnings Yield 5.17%
FCF Yield 12.99%
Payout Ratio 42.80%
Shares Short 1.96M
Short Ratio 4.14
Short % of Float 3.73%
Beta 0.55
PE Ratio 19.34
Forward PE 14.16
P/FCF Ratio 7.70
PS Ratio 0.73
PB Ratio 1.22
Revenue 9.98B
Operating Income 587.70M
Net Income 371.60M
Free Cash Flow 946.80M
Net Cash -207.60M
Net Cash / Share -3.48
Gross Margin 9.36%
Operating Margin 5.89%
Profit Margin 3.50%
FCF Margin 9.48%
ROA 0.97%
ROE 6.98%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 4
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$141.33*
(15.65% upside)
Low
128
Current: $122.21
High
150
Target: 141.33
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue10,0878,0586,4157,53210,32610,3829,0488,5088,2738,528
Revenue Growth25.18%25.61%-14.83%-27.06%-0.54%14.74%6.34%2.85%-2.99%-
Gross Profit7,4325,7154,5445,7235,5835,9765,3724,8534,5234,892
Operating Income697434494929256803867818766667
Net Income383251520565142471489484539279
Shares Outstanding61.9459.2454.9961.2668.1672.1876.6584.2896.63111
Earnings Per Share5.843.989.399.132.056.446.305.675.512.50
EPS Growth46.73%-57.61%2.85%345.37%-68.17%2.22%11.11%2.9%120.4%-
Dividend Per Share2.432.282.152.031.371.061.210.810.700.63
Dividend Growth6.58%6.05%5.91%48.18%29.25%-12.4%49.38%15.71%11.11%-
Operating Cash Flow1,4136575301092303941,028680855541
Capital Expenditures-107-82.70-35.90-85.20-115-83.60-50.90-54.08-31.92-50.83
Free Cash Flow1,30657449523.40115310977626823490
Cash & Equivalents1,8671,2549971,0321,2881,3191,7179091,1671,151
Total Debt2,0072,0061,0681,0671,1651,1711,638972972972
Net Cash / Debt-140-752-71.40-35.0012414879.07-63.00194178
Assets44,29141,08931,84329,70930,03631,56229,71528,94727,02026,397
Liabilities38,60935,95527,56225,61125,51226,38124,88123,76122,14621,616
Book Value5,6535,1124,2714,0984,5245,1814,8335,1854,8744,781
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Assurant, Inc.
Country United States
Employees 14,000
CEO Alan B. Colberg

Stock Information

Ticker Symbol AIZ
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Specialty
Unique Identifier NYSE: AIZ

Description

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.