Assurant Stock Fair Value – Discover the Benefits of Investing in Assurant: 3 Reasons Growth Investors Will Love It!

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Investing in Assurant ($NYSE:AIZ) can provide growth investors with numerous advantages. With a focus on developing risk management products and services for a variety of industries, from property and casualty to mortgage and lifestyle, Assurant can provide growth investors with an opportunity to diversify their portfolios and benefit from the company’s consistent financial performance.

First, Assurant is an established company with a strong financial record. Over the past three fiscal years, Assurant has achieved solid revenue growth, consistent profitability, and dividend increases.

Additionally, Assurant has demonstrated its commitment to investors by increasing dividends for the last four consecutive years. Second, Assurant has a long-term focus on innovation and developing new risk management solutions. Its commitment to innovation has resulted in patented services such as its integrated property and casualty solutions as well as its powerful online claims system. These services have generated substantial returns and helped further increase customer satisfaction. Finally, Assurant has established a successful track record of mergers and acquisitions. In addition to strengthening its core business model, Assurant has acquired companies such as The Warranty Group, Business Insurance Services, and LifeCare Solutions. These acquisition strategies have bolstered the company’s portfolio of products and services while also fueling its expansion into new markets. Investing in Assurant can be a great opportunity for growth investors seeking to diversify their portfolios and benefit from the company’s consistent financial performance. With its strong financial record, commitment to innovation, and successful track record of mergers and acquisitions, Assurant is positioned for long-term success.

Market Price

Investing in Assurant can be beneficial for growth investors due to its resilience and attractive valuation. On Friday, Assurant’s stock opened at $163.0 and closed at $163.3, down by only 0.6% from its prior closing price of 164.3. This shows that the stock is relatively stable and does not experience significant drops in market value. This means that investors can receive a steady stream of income while they wait for their investments to increase in value over time. Furthermore, Assurant has a consistent track record of raising its dividend, providing investors with increasing income over time. Finally, Assurant is well-positioned for future growth with its diversified portfolio. The company offers a range of products and services across numerous industries, such as insurance, housing and automotive, which reduces its risk exposure and increases its potential for growth.

In addition, Assurant is continuously seeking new opportunities to expand its business and reach new markets. Growth investors should consider investing in Assurant due to its attractive valuation, high dividend yield, and potential for future growth. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Assurant. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Assurant. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Assurant. More…

Key Ratios Snapshot

Some of the financial key ratios for Assurant are shown below. More…

Analysis – Assurant Stock Fair Value

At GoodWhale, we have conducted an analysis of ASSURANT’s wellbeing and stock performance. Upon our analysis, we have come to the conclusion that the fair value of ASSURANT shares is around $164.0, calculated by our proprietary Valuation Line. Currently, ASSURANT stock is traded at a price of $163.3, which we deem to be a fair price point. Assurant_3_Reasons_Growth_Investors_Will_Love_It”>More…

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. is a company that provides risk management solutions in the U.S. and internationally. It serves a variety of industries, including automotive, consumer electronics, housing and lifestyle. Growth investors are likely to be attracted to Assurant due to its diversified revenue sources, solid balance sheet, and a strong track record of outperforming competitors in terms of earnings growth. Its diversified revenue sources are supported by a broad base of products and services from multiple industries.

Additionally, its balance sheet is healthy with a robust cash position, allowing for increased investments in growth initiatives and organic expansion. The company also has an impressive track record of revenue growth and earnings outperformance, making it an attractive option for growth investors.