U.S. Markets close in 4 hrs 10 mins

Assurant Inc (AIZ) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Assurant Inc (AIZ) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Assurant Inc is a provider of specialized insurance products and related services in North America and selected other international markets. Assurant Inc has a market cap of $6.1 billion; its shares were traded at around $98.34 with a P/E ratio of 23.81 and P/S ratio of 0.77. The dividend yield of Assurant Inc stocks is 2.30%. Assurant Inc had annual average EBITDA growth of 5.50% over the past ten years.

For the last quarter Assurant Inc reported a revenue of $2.3 billion, compared with the revenue of $1.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $8 billion, an increase of 26.8% from last year. For the last five years Assurant Inc had an average revenue decline of 6.8% a year.

The reported diluted earnings per share was $3.98 for the year, a decline of 57.6% from the previous year. Over the last five years Assurant Inc had an EPS growth rate of 0.9% a year. The profitability rank of the company is 3 (out of 10).

At the current stock price of $98.34, Assurant Inc is traded at 54.7% premium to its historical median P/S valuation band of $63.56. The P/S ratio of the stock is 0.77, while the historical median P/S ratio is 0.50. The stock gained 15.23% during the past 12 months.

For the complete 20-year historical financial data of AIZ, click here.

This article first appeared on GuruFocus.