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AIZ Stock Gains 20.1% in a Year: What Should Investors Know?
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Key Takeaways
AIZ's adjusted EBITDA excluding catastrophes rose 18% to $491.4 million, while EPS climbed 19% to $6.60.
AIZ's Connected Living EBITDA increased 29%, with protected devices rising by more than 4 million.
AIZ expects 2026 buybacks toward the upper end of its $300-$350 million range.
Shares of Assurant, Inc. (AIZ - Free Report) have risen 20.1% in the past year, outperforming the industry’s growth of 1.9%.
The stock performance was supported by strong earnings growth and improving business fundamentals, with Global Lifestyle, particularly Connected Living, remaining a key growth driver. Raised 2026 guidance and planned share repurchases further supported investor confidence. Earnings of Assurant grew 17.3% in the last five years, better than the industry average of 10.7%.
Image Source: Zacks Investment Research
Shares of The Travelers Companies, Inc. (TRV - Free Report) have gained 23%, while NMI Holdings Inc. (NMIH - Free Report) and Cincinnati Financial Corporation (CINF - Free Report) have declined 8.9% and 2.4%, respectively, in the past year.
AIZ’s Attractive Valuation
Assurant shares are trading at a discount compared with the industry. Its forward price-to-book value of 2.24X is lower than the industry average of 2.80X. The insurer has a Value Score of A.
Image Source: Zacks Investment Research
Shares of The Travelers and Cincinnati Financial are trading at a multiple higher than the industry average, while NMI Holdings shares are trading at a discount.
Strong Returns Highlight Assurant’s Capital Efficiency
Return on equity in the trailing 12 months was 20.3%, better than the industry average of 16.1%, highlighting the company’s efficiency in utilizing shareholders’ funds.
The return on invested capital in the trailing 12 months was 13.3%, better than the industry average of 2.1%, reflecting AIZ’s efficiency in utilizing funds to generate income.
Average Target Price for AIZ Suggests Upside
Based on short-term price targets offered by six analysts, the Zacks average price target is $330 per share. The average suggests a potential 25.2% upside from the last closing price.
Image Source: Zacks Investment Research
AIZ’s Growth Projection Encourages
The Zacks Consensus Estimate for Assurant’s 2026 earnings per share (EPS) indicates a year-over-year increase of 12.7%. The consensus estimate for revenues is pegged at $13.92 billion, implying a year-over-year improvement of 8.4%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 6% and 6.6%, respectively, from the corresponding 2026 estimates.
Optimistic Analyst Sentiment for AIZ
The Zacks Consensus Estimate for 2026 and 2027 earnings has moved up 0.1% and 0.3%, respectively, over the past 30 days.
Key Points to Note for AIZ
Assurant’s focus on expanding its integrated service ecosystem across Connected Living and Global Housing is supporting profitable growth. The company delivered record second-quarter 2026 results, with adjusted EBITDA, excluding catastrophes, increasing 18% year over year to $491.4 million and adjusted EPS rising 19% to $6.60. Management also raised its full-year 2026 outlook, reflecting strong first-half performance.
Global Lifestyle continues to benefit from embedded partnerships, program optimization and broader service capabilities. Connected Living earnings rose 24% in the first half of 2026, supported by mobile protection, supply-chain volumes, extended-service contracts and financial services. Management now expects Global Lifestyle adjusted EBITDA to grow in the low double digits in 2026, above its prior expectation of about 10%.
Global Housing is benefiting from higher average lender-placed premiums, specialty-product growth and deeper integration with mortgage and property-management partners. The new Freedom Mortgage partnership, covering about 2.6 million loans, also provides an additional growth opportunity. Management raised its 2026 Housing outlook to modest earnings growth, excluding catastrophes.
Assurant’s Cover360 platform now serves seven of the top 10 U.S. property management companies, expanding its presence in renter insurance. Continued expansion with property management partners could drive premium growth and strengthen the Global Housing business.
Global Automotive adjusted EBITDA increased 6% in the second quarter and 15% year to date, supported by improving claims experience, higher investment income and growth in international partnerships. Assurant has also implemented rate increases across certain client programs to address claims-cost pressure.
Assurant’s strong cash generation and balance sheet support investments and shareholder return. Holding-company liquidity reached $911 million as of June 30, 2026, while 2026 share repurchases through July totaled $230 million. Management expects full-year buybacks toward the upper end of its $300-$350 million range, which could boost EPS growth.
Conclusion
Assurant’s focus on Connected Living and Homeowners supports growth. Global Housing and Automotive also posted solid results, aided by improving claims experience, new partnerships and expansion in renters insurance. The raised 2026 outlook, strong liquidity and planned share repurchases provide further support for earnings and shareholder returns. Assurant also has a VGM Score of B.
Coupled with attractive valuation, favorable estimates, optimistic analyst sentiment and higher returns, the time appears right for potential investors to bet on this Zacks Rank #1 (Strong Buy) insurer. You can see the complete list of today’s Zacks #1 Rank stocks here.
View the Zacks #1 Rank List
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AIZ Stock Gains 20.1% in a Year: What Should Investors Know?
Key Takeaways
Shares of Assurant, Inc. (AIZ - Free Report) have risen 20.1% in the past year, outperforming the industry’s growth of 1.9%.
The stock performance was supported by strong earnings growth and improving business fundamentals, with Global Lifestyle, particularly Connected Living, remaining a key growth driver. Raised 2026 guidance and planned share repurchases further supported investor confidence. Earnings of Assurant grew 17.3% in the last five years, better than the industry average of 10.7%.
Image Source: Zacks Investment Research
Shares of The Travelers Companies, Inc. (TRV - Free Report) have gained 23%, while NMI Holdings Inc. (NMIH - Free Report) and Cincinnati Financial Corporation (CINF - Free Report) have declined 8.9% and 2.4%, respectively, in the past year.
AIZ’s Attractive Valuation
Assurant shares are trading at a discount compared with the industry. Its forward price-to-book value of 2.24X is lower than the industry average of 2.80X. The insurer has a Value Score of A.
Image Source: Zacks Investment Research
Shares of The Travelers and Cincinnati Financial are trading at a multiple higher than the industry average, while NMI Holdings shares are trading at a discount.
Strong Returns Highlight Assurant’s Capital Efficiency
Return on equity in the trailing 12 months was 20.3%, better than the industry average of 16.1%, highlighting the company’s efficiency in utilizing shareholders’ funds.
The return on invested capital in the trailing 12 months was 13.3%, better than the industry average of 2.1%, reflecting AIZ’s efficiency in utilizing funds to generate income.
Average Target Price for AIZ Suggests Upside
Based on short-term price targets offered by six analysts, the Zacks average price target is $330 per share. The average suggests a potential 25.2% upside from the last closing price.
Image Source: Zacks Investment Research
AIZ’s Growth Projection Encourages
The Zacks Consensus Estimate for Assurant’s 2026 earnings per share (EPS) indicates a year-over-year increase of 12.7%. The consensus estimate for revenues is pegged at $13.92 billion, implying a year-over-year improvement of 8.4%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 6% and 6.6%, respectively, from the corresponding 2026 estimates.
Optimistic Analyst Sentiment for AIZ
The Zacks Consensus Estimate for 2026 and 2027 earnings has moved up 0.1% and 0.3%, respectively, over the past 30 days.
Key Points to Note for AIZ
Assurant’s focus on expanding its integrated service ecosystem across Connected Living and Global Housing is supporting profitable growth. The company delivered record second-quarter 2026 results, with adjusted EBITDA, excluding catastrophes, increasing 18% year over year to $491.4 million and adjusted EPS rising 19% to $6.60. Management also raised its full-year 2026 outlook, reflecting strong first-half performance.
Global Lifestyle continues to benefit from embedded partnerships, program optimization and broader service capabilities. Connected Living earnings rose 24% in the first half of 2026, supported by mobile protection, supply-chain volumes, extended-service contracts and financial services. Management now expects Global Lifestyle adjusted EBITDA to grow in the low double digits in 2026, above its prior expectation of about 10%.
Global Housing is benefiting from higher average lender-placed premiums, specialty-product growth and deeper integration with mortgage and property-management partners. The new Freedom Mortgage partnership, covering about 2.6 million loans, also provides an additional growth opportunity. Management raised its 2026 Housing outlook to modest earnings growth, excluding catastrophes.
Assurant’s Cover360 platform now serves seven of the top 10 U.S. property management companies, expanding its presence in renter insurance. Continued expansion with property management partners could drive premium growth and strengthen the Global Housing business.
Global Automotive adjusted EBITDA increased 6% in the second quarter and 15% year to date, supported by improving claims experience, higher investment income and growth in international partnerships. Assurant has also implemented rate increases across certain client programs to address claims-cost pressure.
Assurant’s strong cash generation and balance sheet support investments and shareholder return. Holding-company liquidity reached $911 million as of June 30, 2026, while 2026 share repurchases through July totaled $230 million. Management expects full-year buybacks toward the upper end of its $300-$350 million range, which could boost EPS growth.
Conclusion
Assurant’s focus on Connected Living and Homeowners supports growth. Global Housing and Automotive also posted solid results, aided by improving claims experience, new partnerships and expansion in renters insurance. The raised 2026 outlook, strong liquidity and planned share repurchases provide further support for earnings and shareholder returns. Assurant also has a VGM Score of B.
Coupled with attractive valuation, favorable estimates, optimistic analyst sentiment and higher returns, the time appears right for potential investors to bet on this Zacks Rank #1 (Strong Buy) insurer. You can see the complete list of today’s Zacks #1 Rank stocks here.