Assurant, Inc. (AIZ)
Financials · Multi-line Insurance · US stock · S&P 500 component
$284.75
▼ -4.10 (1.42%)
Fair valueUndervalued
$335 +17.7% to fair value
$168fair band $285–$406$503
Day's range
$283.85 – $289.58
52-week range
$206.03 – $303.94
About Assurant, Inc.
Assurant is an insurance company focused on specialty protection products rather than traditional life or auto cover. It provides extended warranties and device protection for mobile phones and appliances, and it supplies lender-placed and renters insurance tied to housing. Many products are sold through partners such as carriers, retailers and mortgage servicers. Revenue comes from premiums and fees, supplemented by investment income on its insurance reserves.
Sales reached $13.5 billion in the last twelve months, having grown 7.9% a year over the past three years. Operating profit equals 10.7% of revenue. Return on invested capital is 26%. It pays a dividend, and the yield is 1.2%. Overall, the X-Ray Score is 68 out of 100. These numbers describe past results and current financial position, and they are shown for reference only.
Price chart
52-wk range $206.03 – $303.94Volume 378,809Daily, split-adjusted
Vitals
Market cap$14.2B
52-week range$206.03 – $303.94
Volume (last day)378,809
P/E (TTM)13.6
EBIT / EV yield11.5%
Free-cash-flow yield11.7%
Dividend yield1.2%
Revenue (TTM)$13.5B
Net income (TTM)$1.1B
Operating margin10.7%
Return on capital26.2%
Debt incl. leasesData missing
Cash & securities$1.7B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$335middle half of models $264 – $372
Undervalued
+17.7% to fair value
Average of the 5 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $285
Undervalued < $285Fair $285 – $406Overvalued > $406
P/E multiple
$287
P/B multiple
$253
P/S multiple
$372
Dividend discount, stable
$264
Dividend discount, multi-stage
$499
A model estimate, not a price target or recommendation. Inputs: risk-free 4.96%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Strong
76/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield11.5%
Free-cash-flow yield11.7%
Fair value vs price1.2×
Growth
Strong
75/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)7.9%
EPS growth (3y)49.7%
Growth consistency100%
Profitability
Fair
64/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital26.2%
Operating margin10.7%
Financial health
Fair
67/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score9 / 9
Interest cover12.8×
Dividends
Weak
44/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.2%
Dividends vs free cash flow11%
Dividend growth3.9%
Quarterly results: last 6 quarters
+6.7%
Mar '25
+8.0%
Jun '25
+8.9%
Sep '25
+7.9%
Dec '25
+11.3%
Mar '26
+9.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.5B, diluted EPS $5.95.
Compare with peers
L Loews Corp48 AIG American International...36Other Multi-line Insurance companies by X-Ray Score.
SWOT analysis: Assurant, Inc.
Strengthsinside the company
- Return on invested capital is 26.2%, against a median of 13.4% for sector peers.
- Earnings per share have compounded at 49.7% a year over three years.
- Free cash flow equals 11.7% of the market value, which funds dividends, buybacks or debt paydown.
- Operating profit covers interest 13x, so debt costs are a small drag.
Weaknessesinside the company
- Operating margin of 10.7% is thin against 29.3% for sector peers.
Opportunitiesvaluation and setting
- Dividends use only 11% of free cash flow, which leaves room to raise them.
- The price is 18% below our fair value estimate, with the gap larger than the margin we allow for error.
- Our Market Compass rates the backdrop for Financials as favourable.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare AIZ with peers and sector
Medians of 70 Financials peers and of 70 Financials stocks in our universe.
Largest peers (X-Ray Score): JPM 50, MA 57, BAC 49, MS 34, GS 52, WFC 39.
| Metric | AIZ | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 68 | 51 | 51 |
| Valuation | 76 | 51 | 51 |
| Growth | 75 | 54 | 54 |
| Profitability | 63 | 48 | 48 |
| Financial health | 67 | 50 | 50 |
| Dividends | 44 | 54 | 54 |
Sector leaders: highest X-Ray Score in Financials
AIZ ranks #4 of 71 in Financials by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for AIZ
Each factor is rated by where AIZ stands among the 71 Financials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 2 Good · 5 Average · 1 Bad of 8
Growth: 1 · 2 · 0
Profitability: 0 · 1 · 1
Valuation: 1 · 2 · 0
| Factor | AIZ | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +7.9% | Average beats 47% | +8.3% | – | – |
| Revenue growth, last year | +7.9% | Average beats 63% | +6.9% | +6.7% | ≈ In line |
| EPS growth, 3 years a year | +49.7% | Good beats 94% | +12.7% | – | – |
| Profitability | |||||
| Net margin | 7.9% | Bad beats 13% | 21.8% | 6.4% | ▲ Better |
| Return on equity | 17.4% | Average beats 61% | 15.7% | 14.9% | ▲ Better |
| Valuation | |||||
| P/E ratio | 13.3x | Average beats 57% | 13.7x | 14.1x | ≈ In line |
| Price / book | 2.3x | Average beats 45% | 2.1x | 1.9x | ▼ Worse |
| Price / sales | 1.1x | Good beats 93% | 3.1x | 0.9x | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings), and banks and insurers are rated only on the factors that apply to them. A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 9 Good · ● 1 Average · ● 2 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 62/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $10.2B | $10.2B | $11.1B | $11.9B | $12.8B |
| Operating income | $883M | $458M | $915M | $1.0B | $1.2B |
| Net income | $1.4B | $277M | $643M | $760M | $873M |
| Operating cash flow | $782M | $597M | $1.1B | $1.3B | $1.8B |
| Operating margin | 8.7% | 4.5% | 8.2% | 8.7% | 9.3% |
| Free cash flow | $594M | $411M | $936M | $1.1B | $1.6B |
| Diluted EPS | $22.66 | $5.05 | $11.95 | $14.46 | $16.93 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 1 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 280.3 | Bullish |
| EMA 10 | 281.1 | Bullish |
| SMA 20 | 273.5 | Bullish |
| EMA 20 | 277.8 | Bullish |
| SMA 50 | 277.8 | Bullish |
| EMA 50 | 276.1 | Bullish |
| SMA 100 | 274.7 | Bullish |
| EMA 100 | 270.2 | Bullish |
| SMA 200 | 252.1 | Bullish |
| EMA 200 | 256.4 | Bullish |
Oscillators (daily)
| RSI (14) | 59.33 | Neutral |
| MACD (12, 26) | 2.88 | Bullish |
| Momentum (12) | 6.76 | Bullish |
| Stochastic %K (14) | 80.35 | Bearish |
| Williams %R (14) | -19.65 | Bearish |
| CCI (20) | 112.5 | Bearish |
Pivot points (classic, last session)
S3 276.8 | S2 280.3 | S1 282.5 | Pivot 286.1 | R1 288.3 | R2 291.8 | R3 294.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.52 USD
Yield on today's price
1.24%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.8800 | |
| 0.8800 | |
| 0.8800 | |
| 0.8800 | |
| 0.8000 | |
| 0.8000 | |
| 0.8000 | |
| 0.8000 | |
| 0.7200 | |
| 0.7200 | |
| 0.7200 | |
| 0.7200 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold AIZ
| ETF | Share of the fund |
|---|---|
| BKDV BNY Mellon Dynamic Value | 2.19% |
| KIE SPDR S&P Insurance | 1.87% |
| SDVY First Trust SMID Cap Rising Dividend A... | 0.95% |
| RPV Invesco S&P 500 Pure Value | 0.69% |
| SDY SPDR S&P Dividend | 0.61% |
| FMDE Fidelity Enhanced Mid Cap | 0.58% |
| ESML iShares ESG Aware MSCI USA Small-Cap | 0.45% |
| FVD First Trust Value Line Dividend Index | 0.40% |
The eight funds with the largest weight in AIZ among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
AIZ SEC filings
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change; Shareholder vote results
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
DEF 14ASEC EDGAR
Proxy statement
10-KSEC EDGAR
Annual report
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.