Assurant (AIZ) AI Stock Analysis

• Market Cap: $10.81B
• Dividend Yield: 1.46%
• Average Volume (3M): 426.27K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.65
• Revenue Growth: 6.42%
• EPS Growth: -7.74%
• Country: US
• Employees: 14,200
• Sector: Financial
• Sector Strength: 71
• Industry: Insurance - Specialty
• EPS (TTM): 5.10
• Shares Outstanding: 50,459,210
• 10 Day Avg. Volume: 423,175
• 30 Day Avg. Volume: 426,273
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.00
• Enterprise Value/Gross Profit: 1.31
• Enterprise Value/Ebitda: 10.06
• 1Y Price Target: $238.20
• Price Target Upside: 11.18% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 77 Outperform
• Price Target: $243.00 ▲(13.42% Upside)

Assurant's overall stock score reflects strong financial performance and positive earnings call insights, supported by bullish technical indicators. The company's strategic initiatives and corporate events further bolster its market position, though attention to cash flow management and external economic challenges is advisable.

Positive Factors

Acquisition Potential

The stock could trade at a higher valuation, and it is seen as a possible acquisition candidate for Japanese insurers due to its low volatility.

Earnings

Assurant reported another beat with EPS driven mainly by Global Housing, highlighting a return to earnings growth in Global Lifestyle.

Market Position

Assurant is positioned to continue to take share from industry leader Asurion in the mobile device protection market.

Negative Factors

Financial Performance

Interest rates and inflation have negatively impacted demand and loss costs in the auto warranty business, with tariffs posing a modest/moderate threat.

Global Lifestyle Weakness

Global Lifestyle results remained weak, but there are signs that the business is close to turning.

Assurant Business Overview & Revenue Model

Company Description

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.

How the Company Makes Money

Assurant generates revenue primarily through premiums collected from its insurance products and fees for services provided. Key revenue streams include premiums from property and casualty insurance policies, fees associated with extended service contracts, and income from investment returns on reserves. The company also benefits from partnerships with leading retailers, manufacturers, and service providers, allowing it to offer tailored insurance solutions and warranty products. Additionally, Assurant's focus on technology-driven services and customer-centric offerings enhances customer retention and drives growth, contributing to its overall earnings.

Assurant Financial Statement Overview

Summary

Assurant demonstrates solid financial health with consistent revenue growth and strong profitability margins. The balance sheet is stable with manageable leverage, though cash flow management could be improved to enhance liquidity.

Income Statement

Assurant's income statement shows a stable revenue growth trend with a TTM revenue growth rate of 1.93%. The gross profit margin remains strong at 76.04%, indicating efficient cost management. However, the net profit margin has slightly decreased to 5.83% in the TTM, reflecting some pressure on profitability. The EBIT and EBITDA margins are healthy, suggesting solid operational performance.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.38, indicating a balanced approach to leveraging. Return on equity is robust at 13.60%, showcasing effective use of shareholder funds. The equity ratio stands at 15.47%, suggesting a stable financial structure, though there is room for improvement in asset utilization.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 28.62% in the TTM, which could be a concern for liquidity. The operating cash flow to net income ratio is low, indicating potential challenges in converting income into cash. However, the free cash flow to net income ratio is strong at 93.73%, reflecting good cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.30B	11.88B	11.13B	10.19B	10.19B	9.59B
Gross Profit	9.36B	9.11B	8.61B	10.19B	10.19B	9.59B
EBITDA	1.22B	1.26B	1.12B	639.00M	1.05B	20.00B
Net Income	717.00M	760.20M	642.50M	276.60M	613.50M	440.80M
Balance Sheet
Total Assets	35.53B	35.02B	33.64B	33.12B	33.91B	44.65B
Cash, Cash Equivalents and Short-Term Investments	9.56B	8.98B	8.54B	7.98B	9.50B	9.32B
Total Debt	2.08B	2.08B	2.08B	2.13B	2.20B	2.25B
Total Liabilities	30.03B	29.91B	28.83B	28.90B	28.42B	38.70B
Stockholders Equity	5.50B	5.11B	4.81B	4.23B	5.49B	5.95B
Cash Flow
Free Cash Flow	1.12B	1.11B	935.60M	410.60M	594.30M	1.22B
Operating Cash Flow	1.20B	1.33B	1.14B	596.90M	781.70M	1.34B
Investing Cash Flow	-920.70M	-657.80M	-637.70M	-262.10M	157.60M	-735.20M
Financing Cash Flow	-523.50M	-477.50M	-403.90M	-818.40M	-1.09B	-264.80M

Assurant Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 214.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIZ, the sentiment is Positive. The current price of 214.24 is above the 20-day moving average (MA) of 205.12, above the 50-day MA of 196.98, and above the 200-day MA of 203.36, indicating a bullish trend. The MACD of 6.15 indicates Negative momentum. The RSI at 65.04 is Neutral, neither overbought nor oversold. The STOCH value of 70.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AIZ.

Assurant Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACT	84 Outperform	$5.61B	8.80	13.47%	2.07%	3.15%	5.70%
ESNT	81 Outperform	$6.21B	9.32	12.94%	1.87%	4.79%	-0.76%
RDN	78 Outperform	$4.71B	8.93	13.07%	2.90%	0.24%	3.14%
AIZ	77 Outperform	$10.81B	15.49	13.65%	1.46%	6.42%	-7.74%
MTG	75 Outperform	$6.44B	9.23	14.85%	1.93%	3.26%	12.70%
Sector *	68 Neutral	$17.69B	11.82	10.30%	3.73%	9.66%	0.42%
FAF	65 Neutral	$6.76B	36.71	3.80%	3.26%	14.28%	-2.87%

Assurant Corporate Events

Assurant Completes $300 Million Senior Notes Offering

On August 18, 2025, Assurant, Inc. announced the closing of a public offering of $300 million in 5.550% Senior Notes due 2036. The company plans to use the net proceeds of approximately $296 million to redeem its $175 million 6.100% Senior Notes due 2026 and for general corporate purposes, enhancing its financial flexibility and potentially improving its market position.

Assurant Appoints New COO to Drive Growth

On August 12, 2025, Assurant announced the appointment of Michael P. Campbell as Executive Vice President and Chief Operating Officer, effective September 15, 2025. Campbell, who joined Assurant in 2006, has held various leadership roles, most recently as President of Global Housing. His new role will focus on enhancing operational efficiency and accelerating the company’s technology roadmap. Ryan Lumsden will succeed Campbell as EVP and President of Global Housing, bringing extensive experience in financial services and leadership roles at Assurant. These strategic appointments are part of Assurant’s commitment to enterprise transformation and long-term growth.

Assurant COO Francesca L. Luthi Announces Resignation

Francesca L. Luthi, Executive Vice President and Chief Operating Officer of Assurant, Inc., announced her resignation effective September 15, 2025, for personal reasons. She will continue to support the transition until January 4, 2026. The company’s Compensation and Talent Committee adjusted her performance stock units to acknowledge her contributions, requiring her to remain employed through December 31, 2025. This decision impacts her vesting schedule and forfeits certain equity awards, while she continues to participate in the company’s compensation and benefits programs.

Assurant Secures New $500M Credit Facility Agreement

On June 18, 2025, Assurant, Inc. entered into a third amended and restated credit agreement with certain lenders, establishing a $500 million five-year senior unsecured revolving credit facility. This new facility replaces a previous one set to expire in December 2026, and it will now expire in June 2030. The facility allows for revolving loans and the issuance of letters of credit, with a sublimit of $50 million for letters of credit, and can be increased to $750 million under certain conditions. This move is aimed at supporting general corporate purposes and includes customary covenants and events of default, with fees and expenses paid by the company in connection with obtaining the facility.

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.