Assurant Intrinsic Value – Assurant Shares Soar 2.26% Amidst Positive Market Trading
March 29, 2024
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The company offers a wide range of insurance products and services, including property, casualty, life, and health insurance, as well as specialty products such as mobile device protection and extended warranty services. On Wednesday, the stock market had a positive trading session, with the S&P posting gains across the board. In line with this trend, shares of Assurant ($NYSE:AIZ) Inc. saw a significant increase of 2.26%, reaching a price of $187.41. This surge in stock value was met with widespread favorability among investors and analysts alike. What makes this performance even more impressive is that it comes on the heels of a tough year for Assurant. One factor contributing to Assurant’s success is its diversified portfolio of insurance products. The company’s wide range of offerings has allowed it to adapt to changing market conditions and meet the evolving needs of its customers. This strategy has proven to be effective, with Assurant reporting strong financial results in recent quarters.
Additionally, Assurant’s focus on innovation and technology has also played a key role in its performance. The company has made significant investments in digital capabilities to improve customer experience and increase operational efficiency. As more and more industries shift towards a digital landscape, Assurant is well-positioned to capitalize on this trend. In conclusion, Assurant Inc.’s shares soared by 2.26% amidst positive market trading on Wednesday. This performance is a testament to the company’s resilience and ability to thrive in a challenging environment. With a strong portfolio of products, a focus on innovation, and a solid financial foundation, Assurant is poised for continued success in the future.
Analysis – Assurant Intrinsic Value
I have examined the financials of ASSURANT, a leading provider of insurance products and related services. Based on my analysis, I believe that the intrinsic value of ASSURANT share is around $171.3. This calculation is based on our proprietary Valuation Line, which takes into account various financial metrics such as earnings, growth, and risk. This indicates that investors may want to wait for a better entry point before buying ASSURANT stock. However, it is still a good investment option for the long-term, as the company has a strong financial position and a track record of consistent growth. In terms of financials, ASSURANT has shown steady revenue and earnings growth over the years, with a strong balance sheet and cash flow. The company’s insurance products are in high demand, and its diversified portfolio helps mitigate risks. Furthermore, ASSURANT has been actively expanding its international operations, which presents growth opportunities in new markets. In conclusion, while the current market price may be slightly overvalued, ASSURANT is a solid investment option for the long-term. Its strong financials and growth potential make it a stable and reliable choice for investors. However, it is always important to do your own research and consider your risk tolerance before making any investment decisions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Assurant. More…
| Total Revenues | Net Income | Net Margin |
| 11.13k | 642.5 | 5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Assurant. More…
| Operations | Investing | Financing |
| 1.05k | -262.1 | -818.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Assurant. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 33.64k | 28.83k | 91.45 |
Key Ratios Snapshot
Some of the financial key ratios for Assurant are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.3% | – | 8.2% |
| FCF Margin | ROE | ROA |
| 7.7% | 12.3% | 1.7% |
Peers
The Company’s segments include Assurant Health, Assurant Solutions, Assurant Specialty Property and Assurant General Insurance. Assurant Health provides medical stop-loss insurance, dental insurance, and related products to small and large group customers, individuals and health savings account (HSA)holders in the United States. Assurant Solutions markets and underwrites property and casualty insurance products and services, including extended service contracts, vehicle protection products, pre-funded funeral insurance, and renters insurance to financial institutions, retailers and other businesses in the United States and Canada. Assurant Specialty Property provides lender-placed homeowners insurance, manufactured housing homeowners insurance, renters insurance, flood insurance and related products in the United States. Assurant General Insurance offers property, casualty and multi-line package insurance products for the rental housing industry, manufactured housing industry, mortgage industry and general insurance industry in the United States.
– James River Group Holdings Ltd ($NASDAQ:JRVR)
James River Group Holdings Ltd is a Bermuda-based holding company. The Company’s segments include Excess and Surplus Lines, Specialty Admitted Insurance, Reinsurance, and Corporate. The Excess and Surplus Lines segment provides excess and surplus lines insurance on a direct and reinsurance basis to policyholders located in the United States. The Specialty Admitted Insurance segment provides admitted insurance on a direct and reinsurance basis to policyholders located in the United States. The Reinsurance segment provides reinsurance on a direct and reinsurance basis to policyholders located in the United States. The Corporate segment includes the general operations of the Company.
– Protector Forsikring ASA ($LTS:0JXF)
As of 2022, Protector Forsikring ASA has a market cap of 9.59B. The company is a leading provider of insurance and financial services in Norway. Protector Forsikring ASA offers a wide range of products and services, including life and health insurance, property and casualty insurance, and pension and investment products. The company has a strong presence in the Norwegian market, with a market share of approximately 20%.
– First American Financial Corp ($NYSE:FAF)
First American Financial Corporation is a provider of title insurance and settlement services to the real estate and mortgage industries in the United States. The company has a market cap of $4.61 billion and a return on equity of 15.64%. First American Financial Corporation operates through three segments: Title Insurance, Settlement Services, and Specialty Insurance. The Title Insurance segment issues title insurance policies on residential and commercial property. The Settlement Services segment provides closing and escrow services for residential and commercial real estate transactions. The Specialty Insurance segment offers insurance products and services for the mortgage and automotive industries.
Summary
On Wednesday, shares of Assurant Inc. saw a 2.26% increase, closing at $187.41. This was thanks to a positive day for the stock market overall, with the S&P also experiencing gains. The company’s strong performance could be attributed to a variety of factors, potentially including positive news or a positive outlook for the company.
However, as with any investment, it is important to conduct thorough analysis and consider various factors before making any decisions. This includes researching the company’s financials, market trends, and potential risks. With this information, investors can make informed decisions on whether or not Assurant is a good investment for them.
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