Assurant Inc. (AIZ)
Assurant Statistics
Share Statistics
Assurant has 50.87M shares outstanding. The number of shares has increased by -2.3% in one year.
| Shares Outstanding | 50.87M |
| Shares Change (YoY) | -2.3% |
| Shares Change (QoQ) | -0.97% |
| Owned by Institutions (%) | 93.64% |
| Shares Floating | 50.41M |
| Failed to Deliver (FTD) Shares | 524 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 1.2M, so 2.37% of the outstanding shares have been sold short.
| Short Interest | 1.2M |
| Short % of Shares Out | 2.37% |
| Short % of Float | 3.14% |
| Short Ratio (days to cover) | 2.07 |
Valuation Ratios
The PE ratio is 14.65 and the forward PE ratio is 9.93. Assurant's PEG ratio is 0.7.
| PE Ratio | 14.65 |
| Forward PE | 9.93 |
| PS Ratio | 0.94 |
| Forward PS | 0.7 |
| PB Ratio | 2.18 |
| P/FCF Ratio | 10.02 |
| PEG Ratio | 0.7 |
Enterprise Valuation
Assurant has an Enterprise Value (EV) of 11.41B.
| EV / Sales | 0.96 |
| EV / EBITDA | 11.03 |
| EV / EBIT | 8.56 |
| EV / FCF | 10.27 |
Financial Position
The company has a current ratio of 5.71, with a Debt / Equity ratio of 0.41.
| Current Ratio | 5.71 |
| Quick Ratio | 5.71 |
| Debt / Equity | 0.41 |
| Debt / EBITDA | 2.01 |
| Debt / FCF | 1.87 |
| Interest Coverage | 9.67 |
Financial Efficiency
Return on Equity is 14.89% and Return on Invested Capital is 6.51%.
| Return on Equity | 14.89% |
| Return on Assets | 2.17% |
| Return on Invested Capital | 6.51% |
| Revenue Per Employee | $836.44K |
| Profits Per Employee | $53.54K |
| Employee Count | 14,200 |
| Asset Turnover | 0.34 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 167.1M |
| Effective Tax Rate | 18.02% |
Stock Price Statistics
The stock price has increased by 10.35% in the last 52 weeks. The beta is 0.52, so Assurant's price volatility has been higher than the market average.
| Beta | 0.52 |
| 52-Week Price Change | 10.35% |
| 50-Day Moving Average | 201.02 |
| 200-Day Moving Average | 200.29 |
| Relative Strength Index (RSI) | 46.84 |
| Average Volume (20 Days) | 496.03K |
Income Statement
In the last 12 months, Assurant had revenue of 11.88B and earned 760.2M in profits. Earnings per share was 14.55.
| Revenue | 11.88B |
| Gross Profit | 11.88B |
| Operating Income | 1.03B |
| Net Income | 760.2M |
| EBITDA | 1.03B |
| EBIT | 1.03B |
| Earnings Per Share (EPS) | 14.55 |
Balance Sheet
The company has 1.81B in cash and 2.08B in debt, giving a net cash position of -275.4M.
| Cash & Cash Equivalents | 1.81B |
| Total Debt | 2.08B |
| Net Cash | -275.4M |
| Retained Earnings | 4.38B |
| Total Assets | 35.02B |
| Working Capital | 6.39B |
Cash Flow
In the last 12 months, operating cash flow was 1.33B and capital expenditures 0, giving a free cash flow of 1.11B.
| Operating Cash Flow | 1.33B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.11B |
| FCF Per Share | 21.28 |
Margins
Gross margin is 100%, with operating and profit margins of 8.71% and 6.4%.
| Gross Margin | 100% |
| Operating Margin | 8.71% |
| Pretax Margin | 7.81% |
| Profit Margin | 6.4% |
| EBITDA Margin | 8.71% |
| EBIT Margin | 8.71% |
| FCF Margin | 9.36% |
Dividends & Yields
AIZ pays an annual dividend of $3.76, which amounts to a dividend yield of 1.43%.
| Dividend Per Share | $3.76 |
| Dividend Yield | 1.43% |
| Dividend Growth (YoY) | 11.11% |
| Payout Ratio | 26% |
| Earnings Yield | 6.83% |
| FCF Yield | 9.98% |
Analyst Forecast
The average price target for AIZ is $236.5, which is 22.7% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $236.5 |
| Price Target Difference | 22.7% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
Scores
| Altman Z-Score | 0.83 |
| Piotroski F-Score | 6 |