Assurant Stock Overview and Investor Insights

Assurant is a leading provider of lifestyle and housing products, with a market capitalization of around $4.5 billion.

The company operates in the insurance industry, offering a range of products including life insurance, disability income insurance, and other supplemental insurance products.

Assurant's stock has historically been volatile, with a 52-week range of $73.41 to $118.94.

The company's financial performance has been strong, with a debt-to-equity ratio of around 0.24 and a return on equity of 10.3%.

Assurant stock's financial health is a crucial aspect to consider. The company has a cash-to-debt ratio of 0.87, indicating a relatively strong ability to meet its short-term obligations.

This ratio is higher than the industry average, suggesting that Assurant is better positioned to handle debt than its peers. However, the equity-to-asset ratio of 0.15 is relatively low, indicating that the company's assets are largely financed by debt.

Assurant's debt-to-equity ratio of 0.4 is also relatively low, indicating that the company's debt is manageable. However, the debt-to-EBITDA ratio of 1.7 is higher than the industry average, suggesting that Assurant's debt is still a concern.

Here are Assurant's financial ratios in a concise table:

The Piotroski F-Score of 9/9 indicates that Assurant has a high financial health score, suggesting that the company is financially strong. The Beneish M-Score of -2.61 also indicates that Assurant is not likely to be involved in financial statement manipulation.

Financial Strength is a crucial aspect of any company's overall health. A company with a strong financial foundation is better equipped to weather economic downturns and take advantage of opportunities.

The Cash-To-Debt ratio of 0.87 indicates that the company has a manageable amount of debt relative to its cash reserves. This is a good sign, as it suggests that the company is not overly reliant on debt to finance its operations.

The Equity-to-Asset ratio of 0.15 is a bit concerning, as it suggests that the company's assets are not being used as efficiently as they could be. This could be a sign of inefficient use of resources or a lack of investment in the company's operations.

The Debt-to-Equity ratio of 0.4 indicates that the company has a relatively low amount of debt compared to its equity. This is a good sign, as it suggests that the company is not over-leveraged.

The Debt-to-EBITDA ratio of 1.7 suggests that the company's debt is manageable relative to its earnings. This is a good sign, as it suggests that the company is able to service its debt without straining its finances.

The Interest Coverage ratio of 9.45 indicates that the company has a strong ability to cover its interest payments. This is a good sign, as it suggests that the company is not at risk of defaulting on its debt.

The Piotroski F-Score of 9/9 suggests that the company has a strong financial profile, with a high score indicating that the company is likely to outperform its peers.

The Beneish M-Score of -2.61 suggests that the company is not likely to be involved in accounting manipulation. This is a good sign, as it suggests that the company's financial statements are reliable.

Here's a summary of the company's financial strength indicators:

Financial information is often quoted in various forms, but what do these quotes really mean? A stock's price can fluctuate based on market sentiment and economic indicators.

The Dow Jones Industrial Average can be a good indicator of the overall market trend, but it's not the only one. It's calculated by adding up the stock prices of 30 major companies and dividing by a divisor.

Some quotes, like the S&P 500, are more representative of the overall market. It's a stock market index that tracks the performance of 500 large-cap stocks.

The yield on a bond can also be a key piece of financial information. It's the return an investor can expect to earn from the bond's interest payments.

Assurant stock has been a topic of interest for investors, with various analyst opinions and ratings being shared over the past year. Bank of America Merrill Lynch maintained a Buy rating on Assurant stock as of July 11, 2024, with a price target of $222.

Piper Sandler has consistently maintained a Buy rating on Assurant stock, with a price target of $205 as of June 28, 2024. This is not the only instance of Piper Sandler's positive opinion on the stock, as they also maintained a Buy rating on February 12, 2024, with the same price target.

Keefe, Bruyette & Woods, Inc. initially maintained a Hold rating on Assurant stock as of May 15, 2024, but later downgraded it to Hold on February 12, 2024, with a price target of $182. This change in opinion is worth noting, as it suggests that the analyst's views on the stock may have shifted over time.

UBS maintained a Buy rating on Assurant stock as of November 9, 2023, with a price target of $191. This is one of several instances of UBS's positive opinion on the stock, with another Buy rating being maintained on February 12, 2024, with the same price target.

Here's a summary of the analyst opinions and ratings:

It's worth noting that analyst opinions can be subjective and may not always reflect the actual performance of the stock.