Overall Technical outlook

Business Operations:

Sector: Financial Services
Industry: Insurance - Property & Casualty

Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance 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.

Revenue projections:

Revenue projections for AIZ
Revenues for Assurant, Inc. are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 0.382000
forwardPE 11.361531
debtToEquity 36.211000
earningsGrowth 0.305000
revenueGrowth 0.094000
grossMargins 0.132730
operatingMargins 0.117340
trailingEps 21.110000
forwardEps 23.433460

With a current ratio of 0.382, AIZ may not have enough cash reserves and current assets to cover its short-term debts. This suggests potential liquidity concerns, as the company may struggle to meet its immediate financial obligations.
AIZ's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
Assurant, Inc.'s forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that Assurant, Inc.'s earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for AIZ
Assurant, Inc.'s present price relative to projections does not indicate any obvious risks or opportunities. This balanced situation suggests a period of stability, where investors may find it prudent to maintain their current strategies until more information becomes available.

Insider Transactions:

Insider Transactions for AIZ

10 sales transactions of Assurant, Inc. were conducted, with market price at 238.2429992675781.No sell transactions were carried out during the period under review.The trend of more buys compared to sells around AIZ's current price levels may signal investor optimism. This behavior suggests that the market is expecting a favorable outcome for the stock, leading to increased buying activity.

Recommendation changes over time:

Recommendations trend for AIZ

The recent buy bias from analysts suggests AIZ is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, AIZ appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.