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Assurant, Inc. (AIZ)

NYSE Financial Services Insurance - Specialty
$281.72 ▲ +0.11%
Market Cap
$13.96B
Sector
Financial Services
Industry
Insurance - Specialty
Beta
0.54
52-Wk Range
205.01-303.94
CEO
Keith Warner Demmings
Country
US
Currency
USD

Assurant, Inc. operates in the Insurance - Specialty industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $281.72, up 0.11% on the session, giving a market capitalisation of $13.96B. On trailing twelve-month figures it carries a trailing P/E of 13.26, a net margin of 7.9%. Its beta of 0.54 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
13.26
Price / Sales
1.04
Price / Book
2.29
EV / EBITDA
8.49
Gross margin
78.1%
Operating margin
9.9%
Net margin
7.9%
Return on equity
Debt / equity
0.36
Current ratio
0.08
Dividend yield
1.2%
Payout ratio
16.6%
Company profile
Exchange
New York Stock Exchange
Employees
14,800
IPO date
2004-02-05
Headquarters
Atlanta, GA, US
About Assurant, Inc.

Assurant, Inc. operates globally, delivering essential lifestyle and housing solutions designed to secure, assist, and connect consumer acquisitions across diverse markets including North America, Latin America, Europe, and the Asia Pacific. The company's operations are divided into two main divisions: Global Lifestyle and Global Housing. The Global Lifestyle segment provides comprehensive mobile device support, extended warranty and maintenance programs for mobile devices, consumer electronics, and appliances, as well as vehicle protection plans and associated services, alongside credit protection and other insurance offerings. Conversely, the Global Housing segment focuses on various insurance products, encompassing lender-placed homeowners, manufactured home, and flood coverage. It also offers renters insurance and related benefits, in addition to optional manufactured housing and homeowners policies, and other specialized insurance products. Founded in 1892, the company was formerly known as Fortis, Inc. before officially changing its name to Assurant, Inc. in February 2004. Its corporate headquarters are situated in New York, New York.

Comparable companies

Assurant, Inc. is most often compared with the following Financial Services names:

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