Assurant, Inc.AA

Assurant, Inc.

206.31USDR
−5.21−2.46%
At close at Mar 28, 21:42 GMT
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AIZ fundamentals

Key facts

Market capitalization‪10.48 B‬USD
Founded1892
Employees (FY)‪14.2 K‬
CEOKeith Warner Demmings
About

Assurant, Inc. engages in the provision of lifestyle and housing solutions for consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection, and related services. The Global Housing segment includes lender-placed homeowners’ insurance, lender-placed manufactured housing insurance, lender-placed flood insurance, renters' insurance, and related products, voluntary manufactured housing insurance, voluntary homeowners’ insurance and other specialty products. The Corporate and Other segment refers to the corporate employee-related expenses and activities of the holding company. The company was founded in 1892 and is headquartered in Atlanta, GA.

Ownership
‪‪50.79 M‬‬
Free Float shares
‪‪50.34 M‬‬ (99.1%)
Closely held shares
‪‪455.30 K‬‬ (0.9%)
Free Float shares
‪‪50.34 M‬‬ (99.1%)
Closely held shares
‪‪455.30 K‬‬ (0.9%)
Capital structure
Market cap
‪‪10.48 B‬‬
Debt
‪‪2.16 B‬‬
Enterprise value
‪‪12.64 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪10.48 B‬‬
Price to earning ratio (P/E)
14.62x
Price to sales ratio (P/S)
0.93x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
14.62x
Price to sales ratio (P/S)
0.93x
Valuation ratios
‪0.00‬
‪0.25‬
‪0.50‬
‪0.75‬
‪1.00‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪4.00‬
‪8.00‬
‪12.00‬
‪16.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪4.5%‬
‪5.5%‬
‪6.5%‬
‪7.5%‬
‪8.5%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪800.00 M‬‬
‪‪1.60 B‬‬
‪‪2.40 B‬‬
‪‪3.20 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Total operating expenses
Op income
Non-operating income
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪800.00 M‬‬
‪‪1.60 B‬‬
‪‪2.40 B‬‬
‪‪3.20 B‬‬
Revenue
Total operating expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪800.00 M‬‬
‪‪1.60 B‬‬
‪‪2.40 B‬‬
‪‪3.20 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Global Lifestyle
Global Housing
Corporate and Other Activities
By country
Period: 2024
United States
Foreign Countries

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪800.00 M‬‬
‪‪1.60 B‬‬
‪‪2.40 B‬‬
‪‪3.20 B‬‬
Actual
Estimate
Earnings
Next:May 6, 2025
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪1.20‬
‪2.40‬
‪3.60‬
‪4.80‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
20.46%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
1.47%
Last payment
0.80
Last ex-date
Feb 3, 2025
Dividend history
‪1.0%‬
‪1.3%‬
‪1.6%‬
‪1.9%‬
‪2.2%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.80‬
‪1.60‬
‪2.40‬
‪3.20‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Insurance reserves, claims and premiums
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−5.00 B‬‬
‪‪−2.50 B‬‬
‪0.00‬
‪‪2.50 B‬‬
‪‪5.00 B‬‬
Insurance reserves
Policy claims
Premium earned
Capital allocation analysis
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪80.00‬
‪160.00‬
‪240.00‬
‪320.00‬
Reserve to total capital
Unearned premium to total capital