AIZ Stock Trading at a Discount to Industry at 1.85X: Time to Hold?
Key Takeaways Assurant is focused on expanding its capital-light businesses, which contribute 52% of segment revenues. AIZ's strong cash flow generation poise it well for sustained growth and long-term shareholder value creation. Assurant's shares have gained 14% in the past year compared with the industry's growth of 6.4%.Assurant, Inc. (AIZ) shares are trading at a discount compared with the Zacks Multi-line Insurance industry. Its forward price-to-earnings multiple of 1.85X is lower than the industry a ...