Assurant, Inc. (AIZ)
NYSE: AIZ · Real-Time Price · USD
224.97
+4.12 (1.87%)
Nov 21, 2024, 1:51 PM EST - Market open

Assurant Statistics

Total Valuation

Assurant has a market cap or net worth of $11.54 billion. The enterprise value is $11.60 billion.

Market Cap 11.54B
Enterprise Value 11.60B

Important Dates

The last earnings date was Tuesday, November 5, 2024, after market close.

Earnings Date Nov 5, 2024
Ex-Dividend Date Sep 3, 2024

Share Statistics

Assurant has 51.29 million shares outstanding. The number of shares has decreased by -1.61% in one year.

Current Share Class 51.29M
Shares Outstanding 51.29M
Shares Change (YoY) -1.61%
Shares Change (QoQ) -0.48%
Owned by Insiders (%) 0.48%
Owned by Institutions (%) 99.92%
Float 50.99M

Valuation Ratios

The trailing PE ratio is 16.08 and the forward PE ratio is 13.57.

PE Ratio 16.08
Forward PE 13.57
PS Ratio 0.99
Forward PS 0.94
PB Ratio 2.16
P/TBV Ratio 5.43
P/FCF Ratio 8.18
P/OCF Ratio 7.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.34, with an EV/FCF ratio of 8.37.

EV / Earnings 15.64
EV / Sales 0.99
EV / EBITDA 9.34
EV / EBIT 11.29
EV / FCF 8.37

Financial Position

The company has a current ratio of 0.43, with a Debt / Equity ratio of 0.40.

Current Ratio 0.43
Quick Ratio 0.14
Debt / Equity 0.40
Debt / EBITDA 1.65
Debt / FCF 1.50
Interest Coverage 9.60

Financial Efficiency

Return on equity (ROE) is 15.21% and return on invested capital (ROIC) is 9.23%.

Return on Equity (ROE) 15.21%
Return on Assets (ROA) 1.87%
Return on Capital (ROIC) 9.23%
Revenue Per Employee $864,397
Profits Per Employee $54,515
Employee Count 13,600
Asset Turnover 0.34
Inventory Turnover n/a

Taxes

In the past 12 months, Assurant has paid $162.50 million in taxes.

Income Tax 162.50M
Effective Tax Rate 17.98%

Stock Price Statistics

The stock price has increased by +38.56% in the last 52 weeks. The beta is 0.57, so Assurant's price volatility has been lower than the market average.

Beta (5Y) 0.57
52-Week Price Change +38.56%
50-Day Moving Average 199.44
200-Day Moving Average 182.32
Relative Strength Index (RSI) 78.68
Average Volume (20 Days) 379,995

Short Selling Information

The latest short interest is 697,143, so 1.36% of the outstanding shares have been sold short.

Short Interest 697,143
Short Previous Month 709,180
Short % of Shares Out 1.36%
Short % of Float 1.37%
Short Ratio (days to cover) 2.33

Income Statement

In the last 12 months, Assurant had revenue of $11.76 billion and earned $741.40 million in profits. Earnings per share was $14.00.

Revenue 11.76B
Gross Profit 1.26B
Operating Income 1.03B
Pretax Income 981.20M
Net Income 741.40M
EBITDA 1.24B
EBIT 1.03B
Earnings Per Share (EPS) $14.00
Full Income Statement

Balance Sheet

The company has $2.14 billion in cash and $2.08 billion in debt, giving a net cash position of -$269.10 million or -$5.25 per share.

Cash & Cash Equivalents 2.14B
Total Debt 2.08B
Net Cash -269.10M
Net Cash Per Share -$5.25
Equity (Book Value) 5.26B
Book Value Per Share 102.29
Working Capital -15.67B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.59 billion and capital expenditures -$207.60 million, giving a free cash flow of $1.38 billion.

Operating Cash Flow 1.59B
Capital Expenditures -207.60M
Free Cash Flow 1.38B
FCF Per Share $27.00
Full Cash Flow Statement

Margins

Gross margin is 10.68%, with operating and profit margins of 8.74% and 6.31%.

Gross Margin 10.68%
Operating Margin 8.74%
Pretax Margin 7.69%
Profit Margin 6.31%
EBITDA Margin 10.56%
EBIT Margin 8.74%
FCF Margin 11.03%

Dividends & Yields

This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 1.28%.

Dividend Per Share $2.88
Dividend Yield 1.28%
Dividend Growth (YoY) 2.86%
Years of Dividend Growth 20
Payout Ratio 20.57%
Buyback Yield 1.61%
Shareholder Yield 2.91%
Earnings Yield 6.55%
FCF Yield 12.23%
Dividend Details

Analyst Forecast

The average price target for Assurant is $218.67, which is -2.84% lower than the current price. The consensus rating is "Buy".

Price Target $218.67
Price Target Difference -2.84%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6