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Fundamentals for Assurant, Inc.
Business Operations:
Sector: Financial ServicesIndustry: 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:
Investors may be wary of AIZ as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 0.257000 |
|---|---|
| forwardPE | 10.503909 |
| debtToEquity | 37.610000 |
| earningsGrowth | 0.912000 |
| revenueGrowth | 0.113000 |
| grossMargins | 0.127450 |
| operatingMargins | 0.106400 |
| trailingEps | 19.500000 |
| forwardEps | 22.258380 |
AIZ's current ratio being 0.257 highlights potential liquidity concerns, as the company may not have enough cash reserves and assets to cover short-term debts. This raises questions about how AIZ will meet its immediate financial obligations.
AIZ's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
Positive earnings and revenue growth for AIZ point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
AIZ'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 AIZ's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
Price projections for Assurant, Inc. have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for Assurant, Inc.'s future.
Insider Transactions:
7 Assurant, Inc. shares were sold in recent transactions, with market price at 210.78428649902344.During the period under consideration, there were no sell transactions.Investors have been purchasing AIZ more than selling it at current price levels, which may reflect optimism. This pattern suggests that the market expects favorable outcomes for the stock, leading to increased buying interest.
Recommendation changes over time:
Analysts have been favoring AIZ with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning AIZ as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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