- Insurance - Specialty
- Financial Services
-
14.57
EPS
-
11.88
P/E
-
9B
MARKET CAP
-
1.65%
DIV YIELD
Company Overview
55 BROADWAY,NEW YORK NY 10006,212-859-7000
CEO
Mr. Keith Warner Demmings
Employess
13600
Sector
Financial Services
Industry
Insurance - Specialty
Website
https://www.assurant.com
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. 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; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty 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 New York, New York.
Next Earnings Date
Oct. 29, 2024
Ex Dividends date
Jun. 24, 2024
Dividend Date
June 10, 2024
YTD Performance
1.88%
Fiscal Year End
12-31
IPO Date
2004-02-05
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 2.11% | 6.83% | 5.08% | 9.21% |
EPS | 6.54% | 23.17% | 19.52% | 136.15% |
Equity | -0.05% | -1.21% | -6.85% | 13.73% |
Cash | -0.54% | 5.35% | -9.95% | 5.90% |
Return On Capital (ROIC) | 7.73% | 7.81% | 9.54% | 7.43% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 0.0 | 225 | 0.0 | 50 | 102 |
Long Term Debt | 2,080 | 2,130 | 2,200 | 2,250 | 2,010 |
LT Finance Leases | 35.3 | 39.7 | 60.5 | 77.7 | 76.4 |
Shares Outstanding | 53.5 | 54.4 | 59.1 | 60.1 | 61.9 |
Market Cap | 9,010 | 6,800 | 9,220 | 8,190 | 8,120 |
Price
News
Assurant Partners with HEVI to Provide Extended Service Contracts
2 monthsEAST WINDSOR, N.J. , July 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial equipment including heavy construction, agriculture and forestry equipment.
prnewswire.comAssurant: The Growth Story Remains Solid
2 monthsAssurant trades at 10x FWD earnings, which is very cheap in relation to its growth potential. The company focuses on unique insurance products like mobile device solutions and homeowners insurance. Assurant's Global Housing segment saw a remarkable 181% increase in adjusted EBITDA, driving overall strong performance and future growth prospects.
seekingalpha.comAssurant Introduces New Sustainability Vision in 2024 Sustainability Report
2 monthsATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today published its 2024 Sustainability Report. The report lays out an accelerated sustainability agenda with three long-term ambitions for A Thriving Society, A Circular Economy, and A Stable Climate. To advance this vision, Assurant will focus on actions in three areas: Connected Communities, Respected Resources, and a Protected Planet.
businesswire.comAssurant to Announce Second Quarter 2024 Financial Results
2 monthsATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, will release second quarter 2024 financial results on Tuesday, August 6, 2024, after the market closes. The news release will be available on Assurant's website at www.assurant.com. In conjunction with the news release, Assurant will host a conference call the following morning, Wednesday, August 7, 2024, at 8:00 a.m. ET. The call will b.
businesswire.comReasons Why Investors Should Retain Assurant (AIZ) Stock Now
3 monthsAssurant (AIZ) stands to gain from a well-performing Global Lifestyle business, growth of fee-based capital-light businesses, solid capital management and effective capital deployment.
zacks.comHere's Why Assurant (AIZ) is a Strong Value Stock
3 monthsWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.com$874 Million Returned to U.S. Consumers Through Mobile Trade-In Programs in Q1 2024
4 monthsATLANTA--(BUSINESS WIRE)--Assurant (NYSE:AIZ), a leading global business services company that supports, protects and connects major consumer purchases, today revealed that mobile trade-in programs put an estimated $874 million into U.S. consumers' pockets in Q1 2024. The latest quarterly Mobile Trade-In and Upgrade Industry Trends Report shows that the average age of devices at the point of trade-in is at an all-time high at 3.64 years. Variations of the iPhone 12 made up almost half of the to.
businesswire.comWhy Assurant (AIZ) is a Top Value Stock for the Long-Term
4 monthsWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.comAssurant Board of Directors Declares Quarterly Dividend of $0.72 per Common Share
4 monthsATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directors declared a quarterly dividend of $0.72 per share of common stock. The dividend will be payable on June 24, 2024 to stockholders of record as of the close of business on June 10, 2024. Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be depe.
businesswire.comShould You Retain Assurant (AIZ) Stock in Your Portfolio?
4 monthsAssurant (AIZ) stands to gain from a well-performing Global Lifestyle business, growth of fee-based capital-light businesses, solid capital management and effective capital deployment.
zacks.comHere's Why Assurant (AIZ) is a Strong Momentum Stock
4 monthsThe Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
zacks.comAssurant Awarded on the Forbes Best Employers for Diversity 2024 List
4 monthsATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, has been named to the Forbes list of the Best Employers for Diversity 2024 for the fifth consecutive year. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The list was announced in April and can currently be viewed on the Forbes website. The Best Employer.
businesswire.com