AIZ Stock Trading at a Discount to Industry at 2.14X: Time to Hold?

Assurant, Inc. (AIZ) shares are trading at a discount compared to the Zacks Multi-line Insurance industry. Its forward price-to-book value of 2.14X is lower than the industry average of 2.52X, the Finance sector’s 4.06X and the Zacks S&P 500 Composite’s 7.98X. The multi-line insurer has a Value Score of B.The insurer has a market capitalization of $10.79 billion. The average volume of shares traded in the last three months was 0.4 million. The insurer has a solid track record of beating earnings estimates i ...