Assurant Stock Today

AIZ
 Stock
  

USD 147.84  1.62  1.08%   

Market Performance
0 of 100
Odds Of Distress
Less than 40
Assurant is trading at 147.84 as of the 29th of September 2022; that is -1.08 percent decrease since the beginning of the trading day. The stock's open price was 149.46. Assurant has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Assurant are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2020 and ending today, the 29th of September 2022. Click here to learn more.
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. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York. The company has 56.98 M outstanding shares of which 730.51 K shares are presently shorted by investors with about 1.49 days to cover. More on Assurant

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Follow Valuation Odds of Bankruptcy
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Assurant Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Assurant's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Assurant or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Assurant generated a negative expected return over the last 90 days
The company has 2.2 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Assurant has a current ratio of 0.42, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Assurant until it has trouble settling it off, either with new capital or with free cash flow. So, Assurant's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Assurant sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Assurant to invest in growth at high rates of return. When we think about Assurant's use of debt, we should always consider it together with cash and equity.
On 19th of September 2022 Assurant paid $ 0.68 per share dividend to its current shareholders
Latest headline from www.marketscreener.com: Average age of smartphones turned in through trade-in and upgrade programs has broken the 3.5-year threshold - Marketscreener.com
CEOAdam Lamnin
Thematic IdeaTop FinTech (view all)
Average Analyst Recommendation
Analysts covering Assurant report their recommendations after researching Assurant's financial statements, talking to executives and customers, or listening in on Assurant's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Assurant. The Assurant consensus assessment is calculated by taking the average forecast from all of the analysts covering Assurant.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Assurant's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Assurant (AIZ) is traded on New York Stock Exchange in USA and employs 15,600 people. The company currently falls under 'Mid-Cap' category with total capitalization of 8.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Assurant's market, we take the total number of its shares issued and multiply it by Assurant's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Assurant runs under Financial Services sector within Insurance—Specialty industry. The entity has 56.98 M outstanding shares of which 730.51 K shares are presently shorted by investors with about 1.49 days to cover. Assurant has about 1.4 B in cash with 699.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.8.
Check Assurant Probability Of Bankruptcy
Ownership
Assurant retains a total of 56.98 Million outstanding shares. The majority of Assurant outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Assurant to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Assurant. Please pay attention to any change in the institutional holdings of Assurant as this could imply that something significant has changed or about to change at the company. Also note that nearly three million four hundred eighteen thousand eight hundred invesors are currently shorting Assurant expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Assurant Ownership Details

Assurant Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Assurant jumping above the current price in 90 days from now is about 97.0%. The Assurant probability density function shows the probability of Assurant stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Assurant has a beta of 0.5876. This suggests as returns on the market go up, Assurant average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Assurant will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Assurant is significantly underperforming DOW.
  Odds Below 147.84HorizonTargetOdds Above 147.84
2.53%90 days
 147.84 
97.44%
Based on a normal probability distribution, the odds of Assurant to move above the current price in 90 days from now is about 97.0 (This Assurant probability density function shows the probability of Assurant Stock to fall within a particular range of prices over 90 days) .

Assurant Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Assurant market risk premium is the additional return an investor will receive from holding Assurant long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Assurant. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Assurant's alpha and beta are two of the key measurements used to evaluate Assurant's performance over the market, the standard measures of volatility play an important role as well.

Assurant Stock Against Markets

Picking the right benchmark for Assurant stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Assurant stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Assurant is critical whether you are bullish or bearish towards Assurant at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Assurant without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Assurant Corporate Directors

Assurant corporate directors refer to members of an Assurant board of directors. The board of directors generally takes responsibility for the Assurant's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Assurant's board members must vote for the resolution. The Assurant board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Stein - Independent DirectorProfile
Charles Koch - Independent DirectorProfile
Lawrence Jackson - Independent DirectorProfile
Debra Perry - Independent DirectorProfile

Invested in Assurant?

The danger of trading Assurant is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Assurant is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Assurant. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Assurant is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Assurant price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Assurant. If investors know Assurant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Assurant's market value can be influenced by many factors that don't directly affect Assurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine Assurant value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.