Ticker
AIZ

Price
168.38
Stock movement up
+2.58 (1.56%)
Company name
Assurant Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Insurance-Specialty
Market cap
8.91B
Ent value
36.27B
Price/Sales
0.87
Price/Book
2.11
Div yield
1.71%
Div growth
4.97%
Growth years
17
FCF payout
23.67%
Trailing P/E
32.63
Forward P/E
12.39
PEG
1.84
EPS growth
31.00%
1 year return
32.54%
3 year return
7.56%
5 year return
11.40%
10 year return
10.54%
Last updated: 2023-11-27
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November 9, 2023

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.88
Dividend yield1.71%
Payout frequencyQuarterly
Maximum yield3.13%
Average yield2.02%
Minimum yield1.41%
Discount to avg yield-18.10%
Upside potential-15.32%
Yield as % of max yield54.58%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.71%
Current yield distribution77.46%
Yield at 100% (Min)1.41%
Yield at 90%1.62%
Yield at 80%1.69%
Yield at 50% (Median)2.00%
Yield at 20%2.33%
Yield at 10%2.48%
Yield at 0% (Max)3.13%

Dividend per share

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Dividend per share data
Years of growth17 years
CCC statusDividend Contender
Dividend per share2.88
Payout frequencyQuarterly
Ex-div date24 Nov 2023
EPS (TTM)5.08
EPS (1y forward)13.59
EPS growth (5y)31.00%
EPS growth (5y forward)17.70%

Dividend growth

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Dividend growth data
AIZS&P500
DGR MR2.86%-3.37%
DGR TTM2.92%5.40%
DGR 3 years4.08%4.00%
DGR 5 years4.97%5.65%
DGR 10 years12.96%7.37%
DGR 15 years12.63%5.83%
Time since last change announced23 days
EPS growth (5y)31.00%
EPS growth (5y forward)17.70%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM82.57%23.67%
Average--
Forward21.19%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E32.63
Price to OCF14.93
Price to FCF9.35
Price to EBITDA22.80
EV to EBITDA92.81

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales0.87
Price to Book2.11
EV to Sales3.56
Assurant, Inc. (NYSE:NYSE:AIZ) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ETCompany ParticipantsSuzanne Shepherd - SVP, IR &...
November 1, 2023

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October 31, 2023

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FINANCIALS

Per share

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Per share data
Current share count52.92M
EPS (TTM)5.08
FCF per share (TTM)17.72

Income statement

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Income statement data
Revenue (TTM)10.19B
Gross profit (TTM)10.19B
Operating income (TTM)447.40M
Net income (TTM)273.10M
EPS (TTM)5.08
EPS (1y forward)13.59

Margins

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Margins data
Gross margin (TTM)100.00%
Operating margin (TTM)4.39%
Profit margin (TTM)2.68%

Balance Sheet

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Balance Sheet data
Cash1.54B
Net receivables7.01B
Total current assets10.23B
Goodwill2.60B
Intangible assets262.80M
Property, plant and equipment0.00
Total assets33.12B
Accounts payable4.24B
Short/Current long term debt2.13B
Total current liabilities2.73B
Total liabilities28.90B
Shareholder's equity4.23B
Net tangible assets986.80M

Cash flow

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Cash flow data
Operating cash flow (TTM)596.90M
Capital expenditures (TTM)186.30M
Free cash flow (TTM)952.80M
Dividends paid (TTM)225.50M

Financial returns

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Financial returns data
Return on Equity6.46%
Return on Assets0.82%
Return on Invested Capital4.29%
Cash Return on Invested Capital14.98%

STOCK INFORMATION

Stock chart

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Stock price data
Open165.50
Daily high168.44
Daily low165.20
Daily Volume377K
All-time high193.12
1y analyst estimate157.80
Beta0.53
EPS (TTM)5.08
Dividend per share2.88
Ex-div date24 Nov 2023
Next earnings date5 Feb 2024

Downside potential

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Downside potential data
AIZS&P500
Current price drop from All-time high-12.81%-4.86%
Highest price drop-81.83%-56.47%
Date of highest drop20 Nov 20089 Mar 2009
Avg drop from high-18.65%-11.47%
Avg time to new high19 days13 days
Max time to new high1765 days1805 days
Get the latest news and real-time alerts from Assurant, Inc. (AIZ) stock at Seeking Alpha.
October 30, 2023

iO Charts is a Seeking Alpha partner

Assurant exhibits strong financial performance, operating in diverse specialty niches, offering a solid dividend yield. Learn more about AIZ stock here.
October 23, 2023

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COMPANY DETAILS
AIZ (Assurant Inc) company logo
Marketcap
8.91B
Marketcap category
Mid-cap
Description
Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, leased and financed solutions, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. 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 Atlanta, Georgia.
Employees
13700
Investor relations
SEC filings
CEO
Alan Colberg
Country
USA
City
New York
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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September 23, 2023

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September 21, 2023

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UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
Assurant's (AIZ) positive factors are dividend & earnings growth. Investors are cautioned on its high valuation and exposure to commercial real estate risks.
September 20, 2023
Assurant stock has provided a 14% return in 9 months, reflecting improved performance and sustained growth prospects for the future. Read more on AIZ here.
September 20, 2023
The following slide deck was published by Assurant, Inc.
August 11, 2023
Get the latest news and real-time alerts from Assurant, Inc. (AIZ) stock at Seeking Alpha.
August 10, 2023
Assurant, Inc. (NYSE:NYSE:AIZ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ETCompany ParticipantsSuzanne Shepherd - SVP, IR &...
August 2, 2023
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August 1, 2023
Get the latest news and real-time alerts from Assurant, Inc. (AIZ) stock at Seeking Alpha.
July 31, 2023
Assurant is exposed to downward cash flow pressures from higher interest rates and laggard demand. Find out why AIZ stock is a Hold.
June 28, 2023
Get the latest news and real-time alerts from Assurant, Inc. (AIZ) stock at Seeking Alpha.
June 3, 2023
Get the latest news and real-time alerts from Assurant, Inc. (AIZ) stock at Seeking Alpha.
May 11, 2023
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