AIZ's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 228.3 -- higher than 86.19% 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 86.65% of US stocks.
In terms of volatility of its share price, AIZ is more volatile than just 17.71% of stocks we're observing.
Stocks with similar financial metrics, market capitalization, and price volatility to Assurant Inc are PUMP, ZION, WD, RMCF, and AMED.
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:
We started the process of determining a valid price forecast for Assurant Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Assurant Inc ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Assurant Inc, consider:
Assurant Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 21.16% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Assurant Inc has a reliance on debt greater than 50.34% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AIZ, try SLF, PTMN, CBOE, CUII, and GDOT.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.