Assurant

Assurant, Inc. is a global provider of lifestyle and housing solutions that support, protect, and connect major consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection and related services, and credit protection and other insurance products. The Global Housing segment offers lender-placed homeowners’ insurance, lender-placed manufactured housing insurance and lender-placed flood insurance, renters’ insurance and related products, and voluntary manufactured housing insurance, voluntary homeowners’ insurance and other specialty products. The Corporate and Other segment includes corporate employee-related expenses and activities of the holding company. The company roots back to 1892 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Assurant reports strong Q4 earnings, eyes sustainable growth strategies

Assurant's Q4 2022 earnings call highlighted strong financial performance, strategic initiatives for growth, and challenges related to inflation and loss ratios. The company remains optimistic about managing economic conditions and driving profitable growth in 2023.

Assurant reports strong Q1 performance, eyes growth amid challenges

Assurant's Q1 2023 earnings call highlighted strong performance in Global Housing, ongoing digital transformation efforts, and recognition for innovation. Challenges include higher costs in Global Automotive and subscriber declines in Japan. The company remains optimistic about the year ahead, focusing on growth opportunities and prudent capital management.

Assurant exceeds Q2 expectations, eyes efficiency amid challenges

Assurant's strong Q2 performance driven by Global Housing and Homeowners segments.
Challenges include Global Lifestyle's EBITDA decline and seasonality impacts on Connected Living.
Opportunities lie in efficiency improvements, expense reductions, and enhanced customer experience.
Overall, Assurant remains well-positioned for the full year with a focus on innovation.

Assurant reports stellar Q3 results, eyes growth in housing and reinsurance

Assurant's Q3 performance exceeded expectations, driven by strong growth in Global Housing and Renters business. The company's focus on mobile protection in Global Lifestyle and sustainability efforts were highlighted. Assurant remains optimistic about future growth prospects and cost management strategies.

Assurant reports robust 2023 performance, eyes growth amid challenges

Assurant's 2023 performance was strong, with growth in key segments and a focus on innovation.
While facing challenges in certain areas, the company's unique model and partnerships position it well for growth.
Opportunities lie in continued profitable growth, expansion in Japan, and reconvening in May for updates.
Overall, Assurant's strategic focus on operational excellence and innovation sets a positive tone for 2024.

Assurant reports stellar Q1 earnings, eyes growth in Global Housing

Assurant delivered impressive Q1 2024 results with notable growth in adjusted EBITDA and EPS, driven by strong performance in Global Housing. While facing inflation challenges in Global Automotive, the company remains optimistic about its financial objectives and growth prospects for 2024.

Assurant reports robust Q3 performance, eyes continued growth opportunities

Assurant's Q3 2024 earnings call highlighted strong year-to-date performance, with expectations of continued growth in adjusted EBITDA and EPS for the year.
Despite challenges in certain segments, the company's focus on innovation, customer experience, and operational efficiency bodes well for future success.
Assurant's strategic positioning, historical outperformance, and transformation efforts underscore its potential for long-term success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Assurant, Inc. engages in the provision of lifestyle and housing solutions for consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection, and related services. The Global Housing segment includes lender-placed homeowners’ insurance, lender-placed manufactured housing insurance, lender-placed flood insurance, renters' insurance, and related products, voluntary manufactured housing insurance, voluntary homeowners’ insurance and other specialty products. The Corporate and Other segment refers to the corporate employee-related expenses and activities of the holding company. The company was founded in 1892 and is headquartered in Atlanta, GA.

NEW YORK--(BUSINESS WIRE)--Assurant to Announce Fourth Quarter and Full Year 2020 Financial Results News Release on February 9, 2021; Audio Webcast on February 10, 2021

Assurant to Announce Fourth Quarter and Full Year 2020 Financial Results

Deere & Company

WestRock

Donald Yacktman, one of the most prominent value investors and founder of the AMG Yacktman Fund Class I (YACKX), considers the "forward rate of return" when it comes to establishing whether a security may be appealing or not. Yacktman calculates this valuation ratio as "normalized free cash flow yield plus real growth plus inflation.

A Trio of High-Return Stock Picks

Assurant's (AIZ) acquisition of EPG Insurance will solidify the acquirer's position in the automotive service contract space.

Assurant (AIZ) Bolsters Presence With EPG Insurance Buyout

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. today announced the acquisition of EPG Insurance, Inc.

Assurant Acquires EPG Insurance, Inc.

Assurant, Inc. remains a key company in the insurance industry with its maintained adequacy that sustained its operations over the years. It remains committed to protecting and nurturing investors' interests, given the substantial dividend growth.

Assurant: Security Assured, Adequacy Sustained

Assurant (AIZ) reported earnings 30 days ago. What's next for the stock?

Why Is Assurant (AIZ) Up 4% Since Last Earnings Report?

Assurant's (AIZ) acquisition of HYLA Mobile will solidify its position as a leader in trade-in and upgrade programs.

Assurant (AIZ) Acquires HYLA Mobile, Gears Up for 5G Upgrade

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of its acquisition of HYLA Mobile, a leading provider of smartphone software, trade-in and upgrade services. The acquisition further strengthens Assurant's trade-in and upgrade programs and better positions the company for the upcoming 5G smartphone upgrade cycle. “We're excited to officially welcome

Assurant Closes Its Acquisition of HYLA Mobile

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ) (“Assurant”), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of a public offering of $250 million aggregate principal amount of its 5.25% Subordinated Notes due 2061 (the “Notes”). The Notes were sold at par, resulting in net proceeds of approximately $244 million, after deducting underwriting discounts and estimated offering expenses payabl

Assurant Announces Closing of Public Offering of Subordinated Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to the recently issued $250 million, 5.25% subordinated notes, due 2061, of Assurant, Inc. (Assurant) (headquartered in New York, NY) [NYSE: AIZ]. The outlook assigned to the Credit Rating (rating) is stable. Following the debt issuance, financial leverage will remain within guidelines for the assigned rating. Assurant intends to use the net proceeds from the debt offering, along with av

AM Best Assigns Issue Credit Rating to Assurant Inc.'s Subordinated Notes

Automatic Data Processing

Air Lease

Atmos Energy

D.R. Horton

Four Corners Property Trust

Griffon

Lancaster Colony

MDU Resources Group

National Storage Affiliates Trust

Roper Technologies

Southside Bancshares

Service Corp

Timken

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Changes: November 7-13, 2020

Assurant (AIZ) proposes 5% dividend raise to share more profits with shareholders, thereby supporting effective capital deployment.

Assurant (AIZ) to Share More Profits, Ups Dividend by 5%

NEW YORK--(BUSINESS WIRE)--Assurant Board of Directors Approves Common Stock Dividend Increase of 5%

Assurant Board of Directors Approves Common Stock Dividend Increase of 5%

Assurant, Inc. (AIZ) CEO Alan Colberg on Q3 2020 Results - Earnings Call Transcript

Assurant (AIZ) third-quarter 2020 results reflect continued growth in mobile subscribers and lower expenses, partly offset by softer investment income.

Assurant (AIZ) Q3 Earnings & Revenues Surpass Estimates

Assurant (AIZ) delivered earnings and revenue surprises of 50.00% and 2.13%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Assurant (AIZ) Q3 Earnings and Revenues Surpass Estimates

Shares of Assurant (NYSE:AIZ) were unchanged in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 16.57% year over year to $1.41, which missed the estimate of $1.66.

Assurant: Q3 Earnings Insights

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today reported results for the third quarter ended September 30, 2020. “Our third quarter 2020 performance further underscores the resiliency and strength of our market-leading lifestyle and housing businesses, and the attractive growth opportunities ahead,” said Assurant President and CEO Alan Colberg. “Given favorable y

Assurant Reports Third Quarter 2020 Financial Results

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Ratings (FSR) of A- (Excellent) and the Long Term Issuer Credit Ratings (Long-Term ICR) of “a-” of American Memorial Life Insurance Company (American Memorial) (Rapid City, SD) and Assurant Life of Canada (ALOC) (Toronto, Canada). Concurrently, AM Best has placed under review with developing implications the FSR of B++ (Good) and the Long Term ICRs of “bbb” of Union Security Insur

AM Best Places Credit Ratings of Some Assurant, Inc.'s Life Subsidiaries Under Review With Developing Implications

Assurant's (AIZ) Q3 results are likely to reflect higher claims activity in Connected Living, mobile seasonality and lower mortality risk.

What's in the Cards for Assurant (AIZ) This Earnings Season?

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced its decision to focus resources on its market-leading lifestyle and housing portfolio to capitalize on the attractive growth opportunities resulting from the convergence of the connected mobile device, car and home. To this end, the company signed a definitive agreement to acquire HYLA Mobile, a leading provider

Assurant Further Aligns Strategic Focus on Market-Leading Lifestyle and Housing Businesses

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced it has entered into a definitive agreement to acquire HYLA Mobile, a leading provider of smartphone software, trade-in and upgrade services. The transaction is expected to close by the end of 2020, subject to regulatory and other customary closing approvals. The acquisition will further strengthen Assurant's tra

Assurant Acquires Mobile Device Trade-In Innovator HYLA Mobile

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, will release third quarter 2020 financial results on Monday, November 2, 2020, after the market closes. The news release will be available on Assurant's website at www.assurant.com. In conjunction with the earnings release, Assurant will host a conference call the following morning, Tuesday, November 3, 2020, at 8:00 a.m.

Assurant to Announce Third Quarter 2020 Financial Results

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Assurant (AIZ) have what it takes?

Are You Looking for a High-Growth Dividend Stock? Assurant (AIZ) Could Be a Great Choice

Assurant: Diversify Your Dividend Income With This Insurer

News for Assurant Stock (AIZ)