Mixed Analyst Ratings for Assurant Show Upbeat Price Targets

A recent report on Assurant reveals conflicting analyst ratings but indicates positive shifts in price targets, signaling potential growth. With a notable revenue growth of 7.08% and strong return on equity, Assurant's prospects appear promising despite challenges in profit margins.

Date: 11-10-2024

AI Rating: 7

The report presents a mixed outlook on Assurant (NYSE:AIZ), as 6 analysts have provided their evaluations, revealing a blend of bullish and bearish sentiments. The recent analyst actions showcase a slight optimism, especially with some analysts raising their price targets for the company.

Earnings Per Share (EPS): No information regarding EPS was provided in the report.

Revenue Growth: Assurant achieved a remarkable revenue growth rate of 7.08%, which signifies a substantial increase in the company’s top-line earnings. However, this rate is still lower than the industry average, suggesting that while there is growth, it may not be keeping pace with sector peers.

Net Income: The report did not furnish details about net income.

Profit Margins: Assurant's net margin is disclosed to be 6.45%, which is below industry averages, indicating struggles in achieving strong profitability and effective cost management.

Free Cash Flow (FCF): There was no data regarding free cash flow in the report.

Return on Equity (ROE): Assurant showcases a strong ROE of 3.8%, exceeding industry averages. This reflects the company’s efficient use of equity capital and strong financial health, which is a positive indicator for investors.

This mixed evaluation could lead to volatility in Assurant's stock price, influenced by the analysts' sentiment shifts and the company's financial performance. The raised price targets reveal an optimistic outlook, signaling potential for further stock price appreciation if the company delivers on its growth strategy.

Stocks: AIZ