Assurant, Inc. (AIZ) Stock Price & How to Invest

Assurant, Inc. traces back to 1892 and today runs two reportable segments. Global Lifestyle is the larger one and covers Connected Living (mobile device protection, trade-in and upgrade programs, extended service contracts on appliances and electronics) plus Global Automotive (vehicle service contracts, guaranteed asset protection and other finance-and-insurance products sold through dealers and OEMs). Global Housing covers lender-placed homeowners insurance, renters insurance and manufactured-housing coverage. Almost none of this is sold under the Assurant name to a consumer directly. The company embeds itself with wireless carriers, retailers, auto dealers, OEMs and mortgage servicers, then underwrites and administers the programs behind the partner's brand, which is why most people who own an Assurant product have never heard of Assurant.

The financial pattern that follows is unusual for an insurer. Trailing twelve-month revenue is roughly $13.5 billion with net income near $1.06 billion, against a market capitalization around $14.3 billion, so the stock trades at roughly 1.1 times revenue and about 13.9 times trailing earnings while earning return on equity near 18 percent. Connected Living contributes roughly $5.9 billion of trailing revenue and Global Automotive roughly $4.2 billion. Fiscal 2025 revenue was about $12.8 billion with net income near $873 million, so growth has been steady rather than dramatic. In the June 2026 quarter Assurant reported revenue near $3.45 billion, net income around $298.6 million (up about 27 percent), and adjusted earnings per diluted share of about $6.41, with both segments contributing and Global Housing helped by lighter catastrophe losses. Management raised its 2026 outlook alongside those results.

Catastrophe exposure is the clearest risk: Global Housing writes property coverage in hurricane and wildfire regions, and a severe season can swing a quarter materially, which is why management guides on an excluding-catastrophes basis and buys substantial reinsurance whose cost is itself a variable. Partner concentration is the second: Connected Living depends on a small number of very large wireless carriers and OEMs, and losing or repricing one program would be hard to replace quickly. Lender-placed insurance has a long history of state regulatory and consumer-litigation scrutiny over pricing and commission arrangements, and placement rates fall when mortgage delinquencies are low. Reserve development cuts both ways, with the raised 2026 outlook explicitly separating growth excluding prior-year reserve development from the headline figure. International operations add currency translation risk, and the investment portfolio's yield moves with interest rates. Walnut found no active securities-fraud class action against Assurant on the record as of August 2026; the company does disclose ordinary-course regulatory and consumer litigation in its filings, and readers should check the Legal Proceedings section of the latest 10-K and 10-Q directly.

6 analysts publish price targets on AIZ, averaging $309.50 against a $289.55 price as of August 2026, or +6.9%. The published targets run from $274.00 to $355.00, a narrow spread, and the ratings split 6 buy, 0 hold, 0 sell. Over the last six months there have been 12 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full AIZ forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Assurant, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Connected Living and the device replacement cycle. Connected Living is the single largest revenue line and depends on subscribers who attach a protection plan to a phone and keep it, plus trade-in and refurbishment volumes as devices turn over. The most optimistic published target, $355.00, assumes this works close to its best case.

The case against. Catastrophe exposure is the clearest risk: Global Housing writes property coverage in hurricane and wildfire regions, and a severe season can swing a quarter materially, which is why management guides on an excluding-catastrophes basis and buys substantial reinsurance whose cost is itself a variable. The most pessimistic target, $274.00, is roughly what AIZ is worth if this bites instead.

Read the full bull and bear case on AIZ, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Assurant, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$13.46 billion, with Connected Living at ~$5.85 billion and Global Automotive at ~$4.20 billion
• Net income (TTM): ~$1.06 billion, or ~$20.9 in trailing earnings per share
• Latest quarter (Q2 2026): Revenue ~$3.45 billion, net income ~$298.6 million (up ~27%), adjusted EPS ~$6.41 (up ~26%)
• Market cap and valuation: ~$14.3 billion at a share price near $290, ~13.9x trailing earnings, ~13.0x forward, ~2.3x book, ~1.1x sales
• Returns and leverage: Return on equity ~18.3%, net margin ~7.9%, debt to equity ~0.36, book value per share ~$123
• Dividend and buybacks: ~$3.52 annual dividend (~1.2% yield) at a ~17% payout ratio, plus ~1.5% buyback yield

All figures are approximate and tied to the August 2026 asOf date, so verify live numbers before acting. The low-teens earnings multiple against roughly 18 percent return on equity is the tension at the center of this stock: the market has historically discounted Assurant because its revenue depends on partner programs it does not control and because Global Housing carries catastrophe risk. Note that the P/S ratio near 1.1 is not a low bar for an insurer, since net margins here run in the high single digits by structure rather than by weakness.

Other names that sit close to AIZ: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get AIZ exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so AIZ sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where AIZ fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Assurant is a low-profile compounder earning double-digit returns on equity from device, vehicle and housing protection programs sold through partners, priced in the low-teens on earnings, with catastrophe exposure and partner concentration as the two things that can break the pattern.

Whether AIZ is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is AIZ a buy or a sell?, and where the stock could go from here in the AIZ stock forecast.

For income investors, whether AIZ pays a dividend and how the payout looks is covered in does AIZ pay a dividend? And to weigh AIZ against a peer, read the full side-by-side comparisons: AIZ vs LMND and AIZ vs WRB.