Christopher Pagano - Assurant President
| AIZ Stock | USD 170.89 0.81 0.48% |
President
Mr. Christopher J. Pagano is no longer Executive Vice President, Chief Risk Officer of the Company., effective on April 1, 2019. Mr. Pagano was named Chief Financial Officer in August 2014. Before assuming his current position, Mr. Pagano served as Executive Vice President, Treasurer and Chief Investment Officer of Assurant, Inc. since July 2007. On September 24, 2015, the Company announced that Mr. Pagano is to be named Chief Risk Officer. since 2016.
| Age | 52 |
| Tenure | 8 years |
| Address | 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210 |
| Phone | 770 763 1000 |
| Web | https://www.assurant.com |
Assurant Management Efficiency
The company has Return on Asset of 0.0178 % which means that on every $100 spent on assets, it made $0.0178 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1422 %, implying that it generated $0.1422 on every 100 dollars invested. Assurant's management efficiency ratios could be used to measure how well Assurant manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Assurant's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Assurant's Intangible Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 4.1 B in 2024, whereas Total Assets are likely to drop slightly above 32.7 B in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0178 |
Assurant Leadership Team
Elected by the shareholders, the Assurant's board of directors comprises two types of representatives: Assurant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assurant. The board's role is to monitor Assurant's management team and ensure that shareholders' interests are well served. Assurant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Assurant's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Manny Becerra, Chief Innovation Officer | ||
| John Pawloski, VP Officer | ||
| Robert Stein, Independent Director | ||
| Keith Meier, Chief Operating Officer, Executive Vice President | ||
| Dimitry DiRienzo, Senior Vice President Chief Accounting Officer, Controller | ||
| Charles Koch, Independent Director | ||
| Keith Demmings, Executive Vice President and Presidentident - Global Lifestyle | ||
| Federico Bunge, President - Assurant Latin America | ||
| R Conner, Senior Risk | ||
| Lawrence Jackson, Independent Director | ||
| Mariana Wisk, Senior Vice President, Corporate Secretary | ||
| Gregory DeChurch, Deputy General Counsel | ||
| Michael Anderson, Interim President of Assurant Solutions | ||
| Joe Surber, Senior Vice President - Global Technology Officer | ||
| Claude Sarfo, Chief Europe | ||
| Debra Perry, Independent Director | ||
| Howard Carver, Independent Director | ||
| Tammy Schultz, Executive Vice President and Presidentident - Global Preneed | ||
| Subhashish Sengupta, Chief Officer | ||
| Ajay Waghray, CTO | ||
| Doris Vigo, Senior Vice President Chief Compliance Officer | ||
| Jay Rosenblum, Senior Vice President - Government Relations and Regulatory Affairs | ||
| Braxton Carter, Director | ||
| Christopher Pagano, Executive Vice President Treasurer, Chief Investment Officer and Presidentident - Assurant Asset Management | ||
| Francesca Luthi, Executive Vice President, Chief Administrative Officer | ||
| Manuel Becerra, Executive Officer | ||
| J Carter, Independent Director | ||
| Adam Lamnin, Executive Vice President and Presidentident and CEO - Assurant Health | ||
| Sean Moshier, Vice Relations | ||
| JeanPaul Montupet, Independent Director | ||
| Biju Nair, President - Global Connected Living Business | ||
| Vadim Lipovetsky, Chief Investment Officer | ||
| Elaine Rosen, Independent Non-Executive Chairman of the Board and Presidentiding Director | ||
| Gene Mergelmeyer, Chief Admin. Officer, Executive VP, CEO of Assurant Specialty Property and President of Assurant Specialty Property | ||
| Robert Zanussi, President and Chief executive officer - Canada | ||
| Stacie Sherer, Vice Communications | ||
| Bart Schwartz, Executive Vice President Chief Legal Officer, Secretary | ||
| Deborah Cornwell, Senior Vice President - Customer Experience | ||
| John Sondej, Senior Vice President Controller, Principal Accounting Officer | ||
| Suzanne Shepherd, IR Contact Officer | ||
| Daniel Pacicco, Senior Vice President Chief Accounting Officer, Controller | ||
| Alecia Bailey, Equity Diversity | ||
| David Conner, Senior Vice President - Global Head of Risk | ||
| Paget Alves, Independent Director | ||
| Juan Cento, Independent Director | ||
| Richard Dziadzio, Chief Financial Officer, Executive Vice President | ||
| Harriet Edelman, Independent Director | ||
| Robyn Stonehill, Chief Human Resource Officer, Executive Vice President | ||
| Michael Campbell, Executive Vice President and Presidentident - Global Housing | ||
| Craig Lemasters, Executive VP, CEO of Assurant Solutions and President of Assurant Solutions | ||
| Ognjen Redzic, Independent Director | ||
| Emmet Burns, Senior Vice President - Brand and Marketing | ||
| Alan Colberg, President, Chief Executive Officer, Director | ||
| Sanida Bratt, Senior Vice President - Emerging Solutions | ||
| Joseph III, Senior Officer | ||
| Elyse Douglas, Independent Director | ||
| Paul Cosgrove, President - Canadian operations | ||
| Christian Formby, President Europe | ||
| Chandra Wilensky, Senior Vice President Talent | ||
| Paul Reilly, Independent Director | ||
| Carey Roberts, Executive Vice President Chief Legal Officer and Corporate Secretary | ||
| Robert Lonergan, Executive Vice President and Chief Strategy and Risk Officer |
Assurant Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Assurant a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0178 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 9.11 B | ||||
| Shares Outstanding | 52.05 M | ||||
| Shares Owned By Insiders | 0.61 % | ||||
| Shares Owned By Institutions | 96.39 % | ||||
| Number Of Shares Shorted | 744.88 K | ||||
| Price To Earning | 21.03 X |
Assurant Investors Sentiment
The influence of Assurant's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Assurant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Assurant's public news can be used to forecast risks associated with an investment in Assurant. The trend in average sentiment can be used to explain how an investor holding Assurant can time the market purely based on public headlines and social activities around Assurant. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Assurant's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Assurant's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Assurant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Assurant.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Assurant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Assurant's short interest history, or implied volatility extrapolated from Assurant options trading.
Pair Trading with Assurant
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Assurant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Assurant will appreciate offsetting losses from the drop in the long position's value.Moving together with Assurant Stock
| 0.72 | AGO | Assured Guaranty Financial Report 14th of May 2024 | PairCorr |
| 0.86 | AXS | AXIS Capital Holdings Financial Report 24th of April 2024 | PairCorr |
Moving against Assurant Stock
| 0.58 | DHIL | Diamond Hill Investment | PairCorr |
| 0.5 | TIPT | Tiptree | PairCorr |
| 0.48 | AC | Associated Capital | PairCorr |
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Assurant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Assurant to buy it.
The correlation of Assurant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Assurant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Assurant Stock analysis
When running Assurant's price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Assurant. If investors know Assurant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.69 | Dividend Share 2.82 | Earnings Share 11.96 | Revenue Per Share 208.242 | Quarterly Revenue Growth 0.125 |
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Assurant's market value can be influenced by many factors that don't directly affect Assurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.