Assurant, Inc. (AIZ) Stock

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.

Assurant, Inc. is led by CEO Keith Warner Demmings, employs 14,800 people, headquartered in Atlanta, US, publicly traded since 2004.

Assurant, Inc. (AIZ) stock trades at $279.19 with a market capitalization of $13.83B. The stock is valued at a price-to-earnings (P/E) ratio of 13.34, price-to-book of 2.20, price-to-sales of 0.98. Over the past 52 weeks the stock has ranged between $183.39 and $283.48, and currently trades 1.5% below its 52-week high. It pays a dividend yielding 1.32%.

On profitability, Assurant, Inc. generates a return on equity (ROE) of 18.02%, above the typical market average, return on capital employed of 18.51%, an operating margin of 9.42%, a net profit margin of 7.60%.

Official website: www.assurant.com