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 67th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 162.5%. In terms of the factors that were most noteworthy in this DCF analysis for AIZ, they are:
In the past 5.47 years, Assurant Inc has a compound free cash flow growth rate of 0.21%; that's better than 68.95% of cash flow producing equities in the Financial Services sector, where it is classified.
Assurant Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 18.56% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
WRLD, SG, CNFR, FNHC, and UIHC can be thought of as valuation peers to AIZ, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over...
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, today announced that Dimitry DiRienzo has been named senior vice president, chief accounting officer and controller. He will report to Richard Dziadzio, executive vice president, chief financial officer. “Dimitry’s extensive and diverse financial background provides a depth of experience that will be highly valued and lev
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.