(AIZ) Assurant - Ratings and Ratios

Assurant Inc (NYSE:AIZ) is a multifaceted protection services provider, catering to a broad range of clients across various geographies, including North America, Latin America, Europe, and the Asia Pacific. The companys diversified portfolio encompasses protection services for connected devices, homes, and automobiles, operating through two primary segments: Global Lifestyle and Global Housing.

The Global Lifestyle segment is a key revenue driver, offering an array of services including mobile device solutions, extended service contracts for consumer electronics and appliances, and financial services. Additionally, it provides vehicle protection, commercial equipment, and other related services, showcasing the companys adaptability to evolving consumer needs.

In contrast, the Global Housing segment focuses on lender-placed homeowners, manufactured housing, and flood insurance, alongside renters insurance and related products. The company also offers voluntary manufactured housing, condominium, and homeowners insurance products, underscoring its comprehensive approach to housing-related insurance solutions.

With a rich history dating back to 1892 and a rebranding from Fortis, Inc. to Assurant, Inc. in 2004, the company has established a strong presence in the insurance and protection services landscape. Headquartered in Atlanta, Georgia, Assurant Inc leverages its extensive experience to navigate the complex insurance market.

Analyzing the , we observe that the stock is currently priced at $201.41, slightly above its SMA20 and SMA50, indicating a positive short-term trend. However, it remains below its SMA200, suggesting a potential long-term downtrend. The ATR of 4.84 (2.40%) implies moderate volatility. Given these indicators, a potential trading strategy could involve monitoring the stocks ability to break through its SMA200 resistance at $202.63.

From a fundamental perspective, Assurant Inc boasts a market capitalization of $10.435 billion, with a P/E ratio of 16.04 and a forward P/E of 13.04, indicating a relatively stable valuation. The Return on Equity (RoE) stands at 13.02%, suggesting a decent return for shareholders. By combining these fundamental insights with the technical analysis, a forecast can be made: if the company continues to demonstrate stable financials and the stock price breaks through the SMA200, we could see a potential uptrend towards the 52-week high of $227.02, driven by increased investor confidence and a strong underlying business performance.

Conversely, failure to breach the SMA200 could lead to a retest of the $197.18 SMA50 support level. Thus, investors should closely monitor both the technical and fundamental indicators to make informed decisions about Assurant Inc.