AIZ has a market capitalization of $6,194,886,370 -- more than approximately 80.88% of US stocks.
AIZ's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 231.12 -- higher than 85.73% of US-listed equities with positive expected earnings growth.
Equity multiplier, or assets relative to shareholders' equity, comes in at 7.79 for Assurant Inc; that's greater than it is for 86.85% of US stocks.
Stocks with similar financial metrics, market capitalization, and price volatility to Assurant Inc are UHS, FAF, NATR, USM, and PRI.
AIZ's SEC filings can be seen here. And to visit Assurant Inc's official web site, go to www.assurant.com.
Assurant offers products and services including mobile device protection, debt protection administration, credit-related insurance, warranties and service contracts and pre-funded funeral insurance. The Company operates in four segments: Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits. The company was founded in 1969 and is based in New York, New York.
AIZ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for AIZ, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Assurant Inc ranked in the 60th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 81.67%. As for the metrics that stood out in our discounted cash flow analysis of Assurant Inc, consider:
The company's balance sheet shows it gets 75% of its capital from equity, and 25% of its capital from debt. Notably, its equity weight is greater than 50.61% of US equities in the Financial Services sector yielding a positive free cash flow.
Assurant Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 19.22% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Assurant Inc? See FFG, FHI, GL, JEF, and CBOE.
Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the appointment of Jay Rosenblum to the role of chief legal officer for Assurant effective immediately. Rosenblum joined Assurant in 2019 as senior vice president, Government Relations and Regulatory Affairs, and has been acting as co-interim chief legal officer since February of this year. He will continue to report directly to Alan Colberg, Assurant president and CEO and serve on the company’s Management Committee.
Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced organizational changes to drive integrated stakeholder management across its key functional areas, furthering the organization’s strategy and supporting outperformance for employees, customers and shareholders.
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Assurant (AIZ) declares $0.63/share quarterly dividend, in line with previous.Forward yield 2.58%Payable Sept. 22; for shareholders of record Aug. 31; ex-div Aug. 28.See AIZ Dividend Scorecard, Yield Chart, & Dividend Growth....
NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common - a quarterly dividend of $0.63 per share of common stock. The dividend will be payable on September 22, 2020 to stockholders of record as of the close of business on August 31, 2020. Preferred - a quarterly divid