Assurant (AIZ) AI Stock Analysis

• Market Cap: $9.65B
• Dividend Yield: 1.68%
• Average Volume (3M): 615.35K
• Price to Earnings (P/E): 14.8
• Beta (1Y): 0.58
• Revenue Growth: 6.18%
• EPS Growth: -10.34%
• Country: US
• Employees: 14,200
• Sector: Financial
• Sector Strength: 80
• Industry: Insurance - Specialty
• EPS (TTM): 3.39
• Shares Outstanding: 50,702,324
• 10 Day Avg. Volume: 368,380
• 30 Day Avg. Volume: 615,354
• PEG Ratio: -1.33
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.33
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 0.22
• Enterprise Value/Gross Profit: 1.13
• Enterprise Value/Ebitda: 2.28
• 1Y Price Target: $223.00
• Price Target Upside: 17.06% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 74 Outperform
• Price Target: $215.00 ▲(12.86%Upside)

Assurant's overall stock score reflects strong financial performance and positive earnings call highlights, particularly in its Global Housing segment and strategic partnerships. However, technical analysis indicates bearish momentum, and valuation metrics suggest the stock is fairly valued. Challenges in the Global Lifestyle segment and potential tariff impacts also weigh on the score.

Positive Factors

Global Housing Performance

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

Partnerships and Expansion

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

Expense Challenges

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

Foreign Exchange Impact

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

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 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 presents a strong financial position with consistent revenue and profit growth, stable leverage, and robust cash flow generation. The company's profitability and efficient cash management are strengths, although there is a slight decline in EBIT margin. Overall, Assurant appears financially healthy with good growth trajectories and effective management of its resources.

Income Statement

Assurant's TTM (Trailing-Twelve-Months) results demonstrate strong gross profit and net profit margins at 75.78% and 5.55%, respectively. There is a steady revenue growth trend with a 7.54% increase from 2023 to 2024 and a further 1.63% rise into the TTM. Despite a decline in EBIT margin from 7.81% in 2024 to 6.78% in TTM, EBITDA margin remains robust at 9.56%. Overall, the income statement reflects solid profitability and consistent revenue growth.

Balance Sheet

Assurant maintains a healthy balance sheet with a debt-to-equity ratio of 0.40, indicating a moderate level of leverage. The equity ratio is stable at 14.96%, reflecting a solid foundation of equity relative to total assets. Return on equity is healthy at 12.81% in the TTM, showcasing effective profit generation relative to shareholder investment. The balance sheet reflects financial stability with manageable debt levels.

Cash Flow

The cash flow statement shows a robust operating cash flow to net income ratio of 2.45 in the TTM, indicating strong cash generation relative to reported profits. Free cash flow has grown significantly by 41.41% from 2023 to 2024, and the free cash flow to net income ratio is impressive at 2.34, indicating effective cash management. Overall, the cash flow analysis reflects strong liquidity and effective cash utilization.

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	9.15B	9.11B	8.61B	10.19B	10.19B	9.59B
EBITDA	1.15B	1.26B	1.12B	639.00M	1.05B	20.00B
Net Income	670.40M	760.20M	642.50M	276.60M	613.50M	440.80M
Balance Sheet
Total Assets	34.99B	35.02B	33.64B	33.12B	33.91B	44.65B
Cash, Cash Equivalents and Short-Term Investments	4.12B	4.19B	8.54B	7.98B	9.50B	16.01B
Total Debt	2.08B	2.08B	2.08B	2.13B	2.20B	2.25B
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: 190.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 190.5 is below the 20-day moving average (MA) of 195.88, below the 50-day MA of 197.06, and below the 200-day MA of 202.48, indicating a bearish trend. The MACD of -1.79 indicates Positive momentum. The RSI at 39.77 is Neutral, neither overbought nor oversold. The STOCH value of 10.54 is Positive, 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	$5.58B	8.36	14.09%	2.26%	4.33%	10.21%
MTG	79 Outperform	$6.51B	9.12	15.12%	1.91%	4.64%	15.36%
ESNT	79 Outperform	$6.04B	8.72	13.29%	2.08%	9.87%	3.41%
RDN	78 Outperform	$4.79B	9.07	13.22%	2.86%	2.95%	4.08%
AIZ	74 Outperform	$9.65B	14.83	13.20%	1.68%	6.18%	-10.34%
Sector *	73 Outperform	15.09B	17.74	16.30%	3.84%	8.25%	25.93%
FAF	68 Neutral	$6.44B	41.28	3.23%	3.60%	0.96%	-27.04%

Assurant Corporate Events

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.

The most recent analyst rating on (AIZ) stock is a Buy with a $220.00 price target. To see the full list of analyst forecasts on Assurant stock, see the AIZ Stock Forecast page.

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.