Assurant
About: Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global lifestyle, Corporate and Other. Global Housing provides 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. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.
Employees: 13,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $7.74M | Put options by funds: $6.05M
16% more capital invested
Capital invested by funds: $8.32B [Q2] → $9.61B (+$1.29B) [Q3]
12% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 65
1% more funds holding
Funds holding: 511 [Q2] → 514 (+3) [Q3]
2.04% less ownership
Funds ownership: 96.24% [Q2] → 94.19% (-2.04%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 195
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Morgan Stanley Bob Huang 47% 1-year accuracy 7 / 15 met price target | 20%upside $251 | Equal-Weight Initiated | 5 Dec 2024 |
Keefe, Bruyette & Woods Tommy McJoynt 60% 1-year accuracy 3 / 5 met price target | 1%upside $212 | Market Perform Maintained | 12 Nov 2024 |
UBS John Nadel 80% 1-year accuracy 4 / 5 met price target | 14%upside $240 | Buy Maintained | 11 Nov 2024 |
Truist Securities Mark Hughes 71% 1-year accuracy 46 / 65 met price target | 14%upside $240 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 5 articles about AIZ published over the past 30 days