Fundamentals for Assurant, Inc.
10 AIZ sales were executed, with market price at 238.2429992675781.During the review period, no sell transactions were executed....
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:
Financial Ratios:
| currentRatio | 0.382000 |
|---|---|
| forwardPE | 12.080404 |
| debtToEquity | 36.211000 |
| earningsGrowth | 0.305000 |
| revenueGrowth | 0.094000 |
| grossMargins | 0.132730 |
| operatingMargins | 0.117340 |
| trailingEps | 20.890000 |
| forwardEps | 23.452030 |
Assurant, Inc.'s current ratio 0.382 suggests potential liquidity issues, as the company's current assets and cash reserves may not cover its short-term debts. This indicates a possible challenge in meeting immediate financial commitments without securing additional funding.
Assurant, Inc.'s Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
AIZ's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that AIZ's financial performance will improve in the current financial year.
Price projections:
Insider Transactions:
10 AIZ sales were executed, with market price at 238.2429992675781.During the review period, no sell transactions were executed.The recent buying activity at current Assurant, Inc. price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.
Recommendation changes over time:
Analysts have shown a buy bias for Assurant, Inc., marking it as a favorable investment option. This could inspire investors to see Assurant, Inc. as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.