Assurant (AIZ) AI Stock Analysis

• Market Cap: $11.93B
• Dividend Yield: 1.36%
• Average Volume (3M): 284.64K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.57
• Revenue Growth: 6.91%
• EPS Growth: 17.60%
• Country: US
• Employees: 14,200
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Specialty
• EPS (TTM): 5.76
• Shares Outstanding: 50,081,110
• 10 Day Avg. Volume: 280,367
• 30 Day Avg. Volume: 284,643
• PEG Ratio: 0.70
• Price to Book (P/B): 2.18
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 10.02
• Enterprise Value/Market Cap: 1.19
• Enterprise Value/Revenue: 1.12
• Enterprise Value/Gross Profit: 1.46
• Enterprise Value/Ebitda: 10.07
• 1Y Price Target: $257.17
• Price Target Upside: 8.00% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $265.00 ▲(11.28% Upside)

The score is led by solid financial performance (improving margins/ROE with manageable leverage) and a strong, guidance-raising earnings call indicating continued segment momentum. Technicals are supportive but not strong, valuation is reasonable rather than cheap, and cash-flow volatility/corporate loss outlook are the key near-term watch items.

Positive Factors

Revenue Growth

Exceeding revenue estimates indicates strong market demand and effective strategy execution, supporting long-term growth prospects.

Strategic Partnerships

These partnerships enhance product offerings and distribution channels, strengthening competitive positioning and driving future revenue.

Segment Performance

Strong performance in key segments reflects effective business strategy and positions Assurant for sustained profitability and market leadership.

Negative Factors

Cash Flow Management

Weak cash flow growth can limit liquidity and investment capacity, potentially hindering long-term operational and strategic flexibility.

Corporate Segment Losses

Ongoing losses in the corporate segment could strain resources and affect overall profitability, impacting long-term financial health.

Foreign Exchange Impact

Adverse foreign exchange impacts can affect international earnings, adding volatility to financial results and complicating financial planning.

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 through multiple key streams. Its Global Housing segment derives income from property and casualty insurance policies, predominantly in the rental market, providing coverage for landlords and tenants. The Global Lifestyle segment earns revenue by offering protection plans for mobile devices, appliances, and consumer electronics, as well as extended warranty services. The Global Automotive segment focuses on vehicle service contracts and related products, capturing revenue from automotive dealers and consumers. Additionally, Assurant benefits from strategic partnerships with leading retailers and service providers, enhancing its distribution capabilities and expanding its customer base. The company's revenue is further supported by the effective management of its investment portfolio, which generates income through interest and investment gains.

Assurant Financial Statement Overview

Summary

Fundamentals are generally constructive: revenue and profitability are improving into TTM, leverage is moderate and trending better, and ROE is strong and rising. Offsetting factors include uneven growth/cash-flow momentum (TTM FCF down vs. 2024) and some historical metric inconsistencies that reduce confidence in longer-range comparability.

Income Statement

Results show steady top-line expansion and improving profitability versus earlier years. Revenue rose from $11.1B (2023) to $11.9B (2024) and $12.6B in TTM (Trailing-Twelve-Months), with EBIT margin improving from ~8.2% (2023) to ~8.7% (2024) and ~9.2% in TTM. Net profit margin is also stable-to-improving (~5.8% in 2023 to ~6.4% in 2024 and ~6.8% in TTM). Key weakness is that revenue growth is not consistent across periods (near-flat in 2022, modest in 2024, then a large step-up in TTM), and some margin fields appear inconsistent historically, which adds uncertainty when comparing older periods.

Balance Sheet

Leverage looks reasonable and has improved modestly: debt-to-equity declined from ~0.50 (2022) to ~0.41 (2024) and ~0.38 in TTM (Trailing-Twelve-Months). Equity has grown (about $4.2B in 2022 to $5.8B in TTM), supporting balance-sheet resilience. Returns on equity are healthy and trending up (~6.5% in 2022 to ~14.9% in 2024 and ~15.7% in TTM). Main watch-outs are that total assets are large relative to equity (typical for insurers, but still implies sensitivity to underwriting/investment volatility) and absolute debt is slightly higher in TTM versus 2024.

Cash Flow

Cash generation is solid in absolute dollars, with operating cash flow of ~$1.13B (2023), ~$1.33B (2024), and ~$1.27B in TTM (Trailing-Twelve-Months), and free cash flow of ~$0.94B (2023), ~$1.11B (2024), and ~$1.02B in TTM. Free cash flow tracks earnings reasonably well (free cash flow is ~81% of net income in TTM and ~83% in 2024). The key weakness is volatility: free cash flow growth turns negative in TTM (down ~9%) after a positive 2024, and the provided operating cash flow coverage ratio is inconsistent (including a 0.0 reading in TTM), suggesting uneven cash conversion or data-quality noise in that specific metric.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.57B	11.88B	11.13B	10.19B	10.19B	9.61B
Gross Profit	9.69B	9.11B	8.61B	7.83B	4.15B	3.66B
EBITDA	1.40B	1.26B	1.11B	640.20M	1.05B	824.90M
Net Income	848.80M	760.20M	642.50M	276.60M	1.36B	440.80M
Balance Sheet
Total Assets	35.78B	35.02B	33.64B	33.12B	33.92B	44.65B
Cash, Cash Equivalents and Short-Term Investments	0.00	4.19B	3.73B	7.98B	9.50B	9.32B
Total Debt	2.21B	2.08B	2.08B	2.13B	2.20B	2.25B
Total Liabilities	30.02B	29.91B	28.83B	28.89B	28.46B	38.70B
Stockholders Equity	5.76B	5.11B	4.81B	4.23B	5.46B	5.95B
Cash Flow
Free Cash Flow	1.02B	1.11B	935.60M	410.60M	594.30M	1.22B
Operating Cash Flow	1.27B	1.33B	1.14B	596.90M	781.70M	1.34B
Investing Cash Flow	-983.00M	-657.80M	-637.70M	-262.10M	157.60M	-735.20M
Financing Cash Flow	-387.70M	-477.50M	-403.90M	-818.40M	-1.09B	-264.80M

Assurant Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 238.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 238.13 is above the 20-day moving average (MA) of 236.78, above the 50-day MA of 233.07, and above the 200-day MA of 210.18, indicating a bullish trend. The MACD of 0.90 indicates Positive momentum. The RSI at 54.92 is Neutral, neither overbought nor oversold. The STOCH value of 74.49 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
ESNT	81 Outperform	$6.08B	9.16	12.35%	1.88%	2.78%	-0.50%
MTG	76 Outperform	$6.02B	8.65	14.40%	1.89%	2.20%	9.90%
FNF	74 Outperform	$14.75B	12.66	14.22%	3.69%	3.91%	55.78%
AIZ	74 Outperform	$11.93B	14.49	15.41%	1.36%	6.91%	17.60%
FAF	74 Outperform	$6.44B	13.58	9.28%	3.58%	25.99%	426.44%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RYAN	60 Neutral	$12.74B	378.96	11.16%	0.93%	22.77%	-34.97%

Assurant Corporate Events

Assurant appoints Lynn Blake to board of directors

On January 28, 2026, Assurant appointed former State Street Investment Management executive Lynn Blake to its Board of Directors, with immediate effect, assigning her to the Finance and Risk Committee and the Nominating and Corporate Governance Committee, subject to customary regulatory approvals. Blake brings more than 30 years of asset management experience, including leadership in systematic equity strategies, index fund development, and sustainability and stewardship functions, and her appointment is expected to strengthen Assurant’s financial strategy, risk oversight and governance as it pursues its strategic priorities. As part of the board refresh, the company also announced that director Debra Perry will retire from the Board effective as of Assurant’s 2026 annual shareholder meeting, in line with its director retirement policy.

The most recent analyst rating on (AIZ) stock is a Buy with a $255.00 price target. To see the full list of analyst forecasts on Assurant stock, see the AIZ Stock Forecast page.