Assessing Assurant (AIZ) Valuation After New Connected Living Leadership Appointment

Assurant (AIZ) has put its Connected Living unit in sharper focus by adding Jeff Unterreiner, President of U.S. Connected Living, to its Management Committee, highlighting how leadership priorities intersect with the current share price.

See our latest analysis for Assurant.

The leadership change comes as the share price sits at $240.42, with a 30-day share price return of 7.87% and a 90-day share price return of 9.65%. The 3-year total shareholder return of 100.05% and 5-year total shareholder return of 85.72% indicate significant compounding over time, suggesting momentum has been building rather than fading.

If this kind of long term compounding interests you, it might be worth scanning the market for other ideas using fast growing stocks with high insider ownership.

With AIZ trading at $240.42, an intrinsic discount indicator of 51.18% and a modest 6.34% gap to the average analyst price target, you have to ask: is there real mispricing here, or is the market already baking in future growth?

Most Popular Narrative: 5.2% Undervalued

With Assurant's fair value in the widely followed narrative sitting at about $253.67 versus the last close of $240.42, the story hinges on steady execution rather than heroic assumptions.

Assurant is capitalizing on the proliferation of connected devices and increasing device protection needs, demonstrated by 2.4 million net new device protection subscribers, international acquisitions expanding repair capabilities, and strong new partnerships, which positions the company for sustained revenue growth and improved recurring earnings in its Lifestyle segment.

Read the complete narrative.

Curious what kind of revenue run rate, margin uplift, and future P/E this narrative needs to back that fair value? The full story connects all three in detail.

Result: Fair Value of $253.67 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this hinges on device protection and specialty lines holding up, and a softer property and casualty cycle could still pressure pricing and future earnings assumptions.

Find out about the key risks to this Assurant narrative.

Build Your Own Assurant Narrative

If you see the numbers differently or want to stress test your own assumptions against the data in front of you, you can build a complete view in just a few minutes, Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Assurant.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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