Assurant (AIZ) AI Stock Analysis

• Market Cap: $10.14B
• Dividend Yield: 1.61%
• Average Volume (3M): 692.81K
• Price to Earnings (P/E): 15.6
• Beta (1Y): 0.63
• Revenue Growth: 6.18%
• EPS Growth: -10.34%
• Country: US
• Employees: 14,200
• Sector: Financial
• Sector Strength: 74
• Industry: Insurance - Specialty
• EPS (TTM): 3.39
• Shares Outstanding: 50,702,324
• 10 Day Avg. Volume: 432,521
• 30 Day Avg. Volume: 692,807
• PEG Ratio: -0.48
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.56
• Enterprise Value/Market Cap: 0.73
• Enterprise Value/Revenue: 0.16
• Enterprise Value/Gross Profit: 0.82
• Enterprise Value/Ebitda: 1.97
• 1Y Price Target: $221.67
• Price Target Upside: 11.80% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 78 Outperform
• Price Target: $226.00 ▲(13.99%Upside)

Assurant's strong financial performance, characterized by revenue growth and operational efficiency, is the most significant factor supporting the score. The positive earnings call further boosts confidence, though some technical indicators and valuation metrics suggest a more cautious approach. Potential risks in leverage and external tariff impacts are noteworthy but not currently detrimental to the outlook.

Positive Factors

Guidance

Strong overall guidance (ex-CATs losses) should support sentiment.

Market Conditions

Global Housing continues to show strength despite tough comparisons given favorable market conditions and loss trends.

Partnerships

Investments in capabilities and its leadership position in the market helped it add several new meaningful partners and programs recently, including with Verizon and Chase.

Negative Factors

Expenses

Global Lifestyle: While growth was better than expectations, expenses were elevated, resulting in adjusted EBITDA of $192 million, below the consensus expectation of $209 million.

Foreign Exchange

Foreign exchange is expected to be a couple of points headwind to EPS growth in the coming year.

Policy Expansion

The CFO indicated that the moratorium on non-renewals in CA could limit policy count expansion in that state in the near-term.

Assurant Business Overview & Revenue Model

Company Description

Assurant, Inc. (AIZ) is a global provider of risk management products and services, primarily focused on the housing and lifestyle sectors. The company offers a range of insurance products, including mobile device protection, extended service contracts, vehicle protection services, pre-funded funeral insurance, renters insurance, and lender-placed insurance. Headquartered in New York City, Assurant operates across North America, Latin America, Europe, and Asia-Pacific, serving consumers and businesses through strategic partnerships with major financial institutions, retailers, and mobile carriers.

How the Company Makes Money

Assurant makes money through the sale of insurance products and related services, which constitute its primary revenue streams. A significant portion of its revenue is derived from premiums collected on insurance policies, such as mobile device protection plans and extended service contracts for electronics and appliances. Additionally, Assurant generates income from investment returns on its insurance float, which involves investing the premiums collected until claims are paid out. The company also has strategic partnerships with major retailers, financial institutions, and mobile carriers, which help in distributing its products and expanding its customer base. These partnerships play a crucial role in driving sales and enhancing market penetration for Assurant's offerings.

Assurant Financial Statement Overview

Summary

Assurant demonstrates strong financial performance with significant revenue growth, improved profit margins, and healthy cash flow generation. The company has effectively managed operational efficiency and reduced debt, although there is room for improvement in cash retention relative to income.

Income Statement

Assurant's income statement shows strong revenue growth with a 6.7% increase from 2023 to 2024. Gross profit margins remain robust at 100%, indicating efficient cost management. The EBIT margin improved significantly to 32% in 2024 from 5.8% in 2023, showing enhanced operational efficiency. However, the absence of EBITDA data in 2024 limits a full analysis of earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet reflects a strong financial position with a debt-free status in 2024 and a solid equity base. The equity ratio improved to 14.6% in 2024, up from 14.3% in 2023, showing a stable capital structure. Return on equity increased to 14.9% in 2024, indicating effective utilization of equity in generating profits. However, the relatively low equity ratio compared to total assets suggests potential leverage risk.

Cash Flow

Cash flow analysis demonstrates a healthy free cash flow generation, with a 42.5% growth rate from 2023 to 2024. The operating cash flow to net income ratio of 1.8 in 2024 highlights effective cash conversion from profit. However, the free cash flow to net income ratio is slightly lower at 1.8, indicating potential for improvement in cash retention relative to income.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
12.07B	11.88B	11.13B	10.19B	10.19B	9.59B
	Gross Profit
8.97B	11.88B	11.13B	10.19B	10.19B	9.59B
	EBIT
871.50M	1.03B	642.50M	458.20M	1.54B	502.20M
	EBITDA
864.40M	1.15B	1.12B	639.00M	1.05B	20.00B
	Net Income Common Stockholders
670.40M	760.20M	642.50M	276.60M	613.50M	440.80M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.12B	4.19B	8.54B	7.98B	9.50B	16.01B
	Total Assets
34.99B	35.02B	33.64B	33.12B	33.91B	44.65B
	Total Debt
2.08B	2.08B	2.08B	2.13B	2.20B	2.25B
	Net Debt
414.10M	275.40M	453.00M	593.20M	161.70M	24.30M
	Total Liabilities
29.75B	29.91B	28.83B	28.90B	28.42B	38.70B
	Stockholders Equity
5.23B	5.11B	4.81B	4.23B	5.49B	5.95B
Cash Flow		Free Cash Flow
1.57B	1.11B	935.60M	410.60M	594.30M	1.22B
	Operating Cash Flow
1.64B	1.33B	1.14B	596.90M	781.70M	1.34B
	Investing Cash Flow
-751.20M	-657.80M	-637.70M	-262.10M	157.60M	-735.20M
	Financing Cash Flow
-500.00M	-477.50M	-403.90M	-818.40M	-1.09B	-264.80M

Assurant Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 198.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIZ, the sentiment is Negative. The current price of 198.27 is below the 20-day moving average (MA) of 198.78, above the 50-day MA of 195.56, and below the 200-day MA of 202.25, indicating a bearish trend. The MACD of 0.08 indicates Positive momentum. The RSI at 45.19 is Neutral, neither overbought nor oversold. The STOCH value of 25.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AIZ.

Assurant Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACT	84 Outperform	$5.38B	8.07	14.09%	2.40%	4.33%	10.21%
MTG	79 Outperform	$6.40B	8.96	15.12%	1.93%	4.64%	15.36%
ESNT	79 Outperform	$5.99B	8.64	13.29%	2.14%	9.87%	3.41%
AIZ	78 Outperform	$10.14B	15.59	13.20%	1.61%	6.18%	-10.34%
RDN	78 Outperform	$4.64B	8.78	13.22%	2.95%	2.95%	4.08%
FAF	66 Neutral	$6.05B	38.77	3.23%	3.68%	0.96%	-27.04%
Sector *	64 Neutral	$12.86B	9.79	7.84%	78.10%	12.05%	-7.99%

Assurant Corporate Events

Assurant Stockholders Approve Charter Amendments at Annual Meeting

On May 21, 2025, Assurant, Inc. held its annual meeting where stockholders approved amendments to the company’s charter, enabling stockholders to call special meetings, limiting officer liability, and modernizing the charter. These changes, effective upon filing, aim to enhance corporate governance and align with Delaware law. Additionally, the company eliminated its 6.50% Series D Mandatory Convertible Preferred Stock, converting all shares to common stock. Stockholders also voted on several proposals, including electing directors and approving executive compensation, with most proposals passing except for a stockholder proposal to allow shareholders to call special meetings.

The most recent analyst rating on (AIZ) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Assurant stock, see the AIZ Stock Forecast page.