Assurant Intrinsic Value Calculator – Assurant Shares Slip 1.09% Despite Positive Market Performance on Friday
July 29, 2023
🌧️Trending News
Friday was a great day for the stock market, with the S&P 500 Index closing up 1.1%. Despite this positive overall performance, Assurant ($NYSE:AIZ) Inc.’s shares slipped 1.09%, finishing at $133.27. Assurant Inc. is a new-age insurance and services company that offers a range of protection products and services to protect what matters most to customers. Their products range from property, health, and life insurance to motor vehicle protection and more.
Despite the fact that their shares slipped on Friday, Assurant Inc. is still a strong stock to consider investing in. With their long track record and history of success, they are sure to continue to provide investors with stable returns in the future.
Analysis – Assurant Intrinsic Value Calculator
At GoodWhale, we analyzed ASSURANT‘s financials to get an idea of their stock’s intrinsic value. We used our proprietary Valuation Line to arrive at a conclusion of around $149.5 per share. This means that currently, ASSURANT stock is undervalued by 10.8%, as it currently stands at $133.3. In other words, ASSURANT stock offers a good opportunity for investors looking to make a profit from the current market price. 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 |
| 10.35k | 244.7 | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Assurant. More…
| Operations | Investing | Financing |
| 596.9 | -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 |
| 32.92k | 28.52k | 83.07 |
Key Ratios Snapshot
Some of the financial key ratios for Assurant are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.5% | – | 4.2% |
| FCF Margin | ROE | ROA |
| 4.0% | 6.3% | 0.8% |
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
Assurant Inc. stock dropped 1.09% on Friday, but the broader market was up as the S&P 500 Index gained. Investors should consider the market fluctuations when analyzing Assurant’s performance. Long-term investors may assess the company’s fundamentals, such as its financial health, management team, and competitive position, to gain insight into possible future trends.
Short-term investors should monitor market movements and news, such as earnings reports, legal proceedings, and new product launches, to inform their strategy. Both types of investors should analyze their risk tolerance and create a portfolio that fits their individual goals.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
