Assurant Stock Today

AIZ Stock  USD 227.05  1.63  0.71%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Assurant is trading at 227.05 as of the 28th of November 2024; that is 0.71 percent decrease since the beginning of the trading day. The stock's open price was 228.68. Assurant has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Assurant are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
5th of February 2004
Category
Financial Services
Classification
Financials
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. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York. The company has 51.29 M outstanding shares of which 697.14 K shares are presently shorted by investors with about 2.33 days to cover. More on Assurant

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Assurant Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGene Mergelmeyer
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-line Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP 500 Index, Australia All Ordinaries, Insurance Providers, Insurance, FinTech, Financials, Insurance, Insurance—Specialty, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02010.0191
Sufficiently Up
Pretty Stable
Asset Turnover0.320.331
Sufficiently Down
Very volatile
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Total Current Liabilities3.3 B3.5 B
Notably Down
Slightly volatile
Non Current Liabilities Total30.3 B28.8 B
Sufficiently Up
Slightly volatile
Total Assets32.7 B33.6 B
Fairly Down
Slightly volatile
Total Current Assets10.3 B10.8 B
Notably Down
Slightly volatile
Total Cash From Operating Activities824.4 M1.1 B
Way Down
Slightly volatile
Debt Levels
Assurant can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Assurant's financial leverage. It provides some insight into what part of Assurant's total assets is financed by creditors.
Liquidity
Assurant has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assurant to invest in growth at high rates of return.

Change In Working Capital

162.11 Million
Assurant (AIZ) is traded on New York Stock Exchange in USA. It is located in 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210 and employs 13,600 people. Assurant is listed under Multi-line Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 11.73 B. Assurant runs under Insurance sector within Financials industry. The entity has 51.29 M outstanding shares of which 697.14 K shares are presently shorted by investors with about 2.33 days to cover. Assurant has about 1.54 B in cash with 1.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.11.
Check Assurant Probability Of Bankruptcy
Ownership Allocation
Assurant holds a total of 51.29 Million outstanding shares. The majority of Assurant outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Assurant to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Assurant. Please pay attention to any change in the institutional holdings of Assurant as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Assurant Ownership Details

Assurant Stock Institutional Holders

InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2024-06-30
904.4 K
Nordea Investment Mgmt Bank Demark A/s2024-09-30
797.9 K
Lyrical Asset Management Lp2024-09-30
730.5 K
Dimensional Fund Advisors, Inc.2024-09-30
687.4 K
Norges Bank2024-06-30
680.2 K
Northern Trust Corp2024-09-30
675.5 K
Clark Capital Management Group Inc2024-09-30
600.2 K
Schroder Investment Management Group2024-06-30
587.8 K
Td Asset Management Inc2024-09-30
537.5 K
Vanguard Group Inc2024-09-30
6.8 M
T. Rowe Price Investment Management,inc.2024-09-30
5.1 M
View Assurant Diagnostics

Assurant Historical Income Statement

At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 657.7 M in 2024, whereas Interest Expense is likely to drop slightly above 69.9 M in 2024. View More Fundamentals

Assurant Stock Against Markets

Assurant Corporate Directors

Robert SteinIndependent DirectorProfile
JeanPaul MontupetIndependent DirectorProfile
Lawrence JacksonIndependent DirectorProfile
Debra PerryIndependent DirectorProfile

Already Invested in Assurant?

The danger of trading Assurant is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Assurant is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Assurant. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Assurant is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Assurant Stock Analysis

When running Assurant's price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.