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Assurant Maintained at Buy on Strong Q1, Raised Earnings Outlook, and Undervalued Long-Term EPS Growth

Assurant Maintained at Buy on Strong Q1, Raised Earnings Outlook, and Undervalued Long-Term EPS Growth

William Blair analyst Jeff Schmitt has maintained their bullish stance on AIZ stock, giving a Buy rating today.

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Jeff Schmitt has given his Buy rating due to a combination of factors, including Assurant’s stronger-than-expected first-quarter earnings, which were driven primarily by accelerating performance in the Global Lifestyle segment. Growth in Connected Living from new and expanded partnerships, along with better loss experience in Global Auto and solid fundamentals in Global Housing, underpins confidence in the company’s operating momentum.

In addition, Assurant modestly raised its full-year earnings outlook, and management is stepping up share repurchases while benefiting from lower reinsurance costs, supporting further EPS expansion into 2026. Schmitt also notes that, despite this improving earnings trajectory, the stock still trades below its historical valuation at roughly 11 times his 2027 EPS estimate, creating an attractive risk-reward profile that justifies maintaining a Buy recommendation.

According to TipRanks, Schmitt is a 4-star analyst with an average return of 7.9% and a 54.05% success rate. Schmitt covers the Financial sector, focusing on stocks such as Tradeweb Markets, Marketaxess Holdings, and Nasdaq.

In another report released today, BMO Capital also maintained a Buy rating on the stock with a $248.00 price target.

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