Tearsheet

Assurant (AIZ)


Market Price (2/19/2026): $222.93 | Market Cap: $11.3 Bil
Sector: Financials | Industry: Multi-line Insurance

Assurant (AIZ)


Market Price (2/19/2026): $222.93
Market Cap: $11.3 Bil
Sector: Financials
Industry: Multi-line Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%, FCF Yield is 9.0%
Weak multi-year price returns
2Y Excs Rtn is -3.4%
Key risks
AIZ key risks include [1] significant earnings volatility from high catastrophe exposure in its Global Housing segment and [2] vulnerability to interest rate fluctuations due to its investment portfolio's heavy concentration in fixed maturity securities.
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -19%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
  
3 Low stock price volatility
Vol 12M is 28%
  
4 Megatrend and thematic drivers
Megatrends include Consumer Product Protection & Lifecycle Management. Themes include Mobile Device Protection, Extended Warranty Services, and Embedded Insurance Solutions.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.6%, FCF Yield is 9.0%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -19%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
3 Low stock price volatility
Vol 12M is 28%
4 Megatrend and thematic drivers
Megatrends include Consumer Product Protection & Lifecycle Management. Themes include Mobile Device Protection, Extended Warranty Services, and Embedded Insurance Solutions.
5 Weak multi-year price returns
2Y Excs Rtn is -3.4%
6 Key risks
AIZ key risks include [1] significant earnings volatility from high catastrophe exposure in its Global Housing segment and [2] vulnerability to interest rate fluctuations due to its investment portfolio's heavy concentration in fixed maturity securities.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Assurant (AIZ) stock has gained about 5% since 10/31/2025 because of the following key factors:

1. Strong Financial Performance Largely Priced In: Assurant reported robust fourth quarter and full-year 2025 financial results, including double-digit earnings and EPS growth, and notably exceeded analyst expectations for both EPS and revenue. However, despite these positive results, the stock saw a slight decline in premarket trading after the announcement, indicating that much of the good news may have already been factored into the stock price by investors prior to the official release.

2. Consistent Yet Moderate Growth Outlook: The company's outlook for 2026 projects sustained growth, with expectations of mid to high single-digit increases in Adjusted EBITDA and EPS, primarily driven by its Global Lifestyle segment. While this forecast is positive, it suggests a continued steady trajectory rather than an acceleration, which might not have provided sufficient impetus for a substantial stock price breakout.

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Stock Movement Drivers

Fundamental Drivers

The 6.1% change in AIZ stock from 10/31/2025 to 2/19/2026 was primarily driven by a 15.9% change in the company's Net Income Margin (%).
(LTM values as of)103120252192026Change
Stock Price ($)210.05222.936.1%
Change Contribution By: 
Total Revenues ($ Mil)12,30512,5692.1%
Net Income Margin (%)5.8%6.8%15.9%
P/E Multiple15.013.4-10.9%
Shares Outstanding (Mil)51510.6%
Cumulative Contribution6.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/19/2026
ReturnCorrelation
AIZ6.1% 
Market (SPY)0.4%5.1%
Sector (XLF)-0.4%38.7%

Fundamental Drivers

The 20.4% change in AIZ stock from 7/31/2025 to 2/19/2026 was primarily driven by a 21.6% change in the company's Net Income Margin (%).
(LTM values as of)73120252192026Change
Stock Price ($)185.13222.9320.4%
Change Contribution By: 
Total Revenues ($ Mil)12,07112,5694.1%
Net Income Margin (%)5.6%6.8%21.6%
P/E Multiple14.213.4-5.7%
Shares Outstanding (Mil)51510.9%
Cumulative Contribution20.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/19/2026
ReturnCorrelation
AIZ20.4% 
Market (SPY)8.6%13.4%
Sector (XLF)-0.1%38.7%

Fundamental Drivers

The 5.6% change in AIZ stock from 1/31/2025 to 2/19/2026 was primarily driven by a 7.1% change in the company's Net Income Margin (%).
(LTM values as of)13120252192026Change
Stock Price ($)211.08222.935.6%
Change Contribution By: 
Total Revenues ($ Mil)11,75612,5696.9%
Net Income Margin (%)6.3%6.8%7.1%
P/E Multiple14.913.4-10.2%
Shares Outstanding (Mil)52512.7%
Cumulative Contribution5.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/19/2026
ReturnCorrelation
AIZ5.6% 
Market (SPY)14.7%45.2%
Sector (XLF)2.4%58.8%

Fundamental Drivers

The 77.7% change in AIZ stock from 1/31/2023 to 2/19/2026 was primarily driven by a 107.4% change in the company's Net Income Margin (%).
(LTM values as of)13120232192026Change
Stock Price ($)125.44222.9377.7%
Change Contribution By: 
Total Revenues ($ Mil)10,11512,56924.3%
Net Income Margin (%)3.3%6.8%107.4%
P/E Multiple20.513.4-34.7%
Shares Outstanding (Mil)54515.7%
Cumulative Contribution77.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/19/2026
ReturnCorrelation
AIZ77.7% 
Market (SPY)74.7%36.9%
Sector (XLF)49.2%53.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AIZ Return16%-18%38%29%15%-8%77%
Peers Return39%13%5%25%14%-1%132%
S&P 500 Return27%-19%24%23%16%1%83%

Monthly Win Rates [3]
AIZ Win Rate58%33%75%50%58%0% 
Peers Win Rate63%58%60%65%62%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AIZ Max Drawdown-10%-22%-16%-3%-15%-11% 
Peers Max Drawdown-2%-10%-21%-1%-9%-9% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TRV, MET, AIG, HIG, PRU. See AIZ Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/19/2026 (YTD)

How Low Can It Go

Unique KeyEventAIZS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-45.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven84.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven529 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven77.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven307 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-25.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven33.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven196 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-81.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven450.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,426 days1,480 days

Compare to TRV, MET, AIG, HIG, PRU

In The Past

Assurant's stock fell -45.7% during the 2022 Inflation Shock from a high on 4/20/2022. A -45.7% loss requires a 84.1% gain to breakeven.

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About Assurant (AIZ)

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.

AI Analysis | Feedback

1. Assurant is like Aflac for your stuff, providing specialized protection plans for mobile devices, appliances, and cars, rather than health.

2. Assurant is like the Visa/Mastercard for product protection plans, enabling retailers, phone carriers, and lenders to offer various protection and extended warranty services to their customers.

AI Analysis | Feedback

  • Mobile Device Protection: Provides extended warranties, repair, and replacement services for smartphones and other connected consumer electronic devices.
  • Vehicle Protection Services: Offers vehicle service contracts, guaranteed asset protection (GAP) insurance, and other ancillary products for automobiles and recreational vehicles.
  • Lender-Placed Insurance (LPI): Provides insurance coverage to mortgage lenders when homeowners fail to maintain adequate property insurance on their collateral.
  • Specialty Housing Insurance: Offers property and casualty insurance products tailored for manufactured homes, flood risks, and renters.

AI Analysis | Feedback

Assurant (symbol: AIZ) primarily sells its risk management solutions and protection products to other businesses (B2B model), which then offer these solutions to their end-customers (a B2B2C model).

Assurant's public filings, such as its annual 10-K report, do not identify any single customer that accounts for 10% or more of its consolidated net earned premiums, fees, and other income. This indicates a diversified customer base among its large enterprise partners.

Therefore, instead of listing specific individual "major customers" by name (as none are disclosed for significant revenue concentration), we will describe the major categories of businesses that partner with Assurant, providing examples of public companies that operate within these categories.

Major Customer Categories (Business Partners)

1. Mobile Network Operators (MNOs) and Major Retailers

Assurant partners with leading mobile carriers and large electronics retailers globally to provide device protection plans, extended warranties, and trade-in programs for smartphones, tablets, and other connected devices.

Examples of Public Companies in this Category:

  • Verizon Communications Inc. (VZ)
  • AT&T Inc. (T)
  • T-Mobile US, Inc. (TMUS)
  • Best Buy Co., Inc. (BBY)
  • Various other global mobile operators and retailers.

2. Financial Institutions (Mortgage Servicers and Lenders)

Assurant collaborates with banks, credit unions, and other lending institutions to offer lender-placed insurance (also known as force-placed insurance), flood insurance, and various mortgage solutions to protect their collateral and manage risks.

Examples of Public Companies in this Category:

  • Wells Fargo & Company (WFC)
  • JPMorgan Chase & Co. (JPM)
  • Bank of America Corporation (BAC)
  • Various other mortgage servicers and financial lenders.

3. Automotive Dealerships and Manufacturers

Assurant partners with automotive dealerships and manufacturers to provide vehicle service contracts (extended warranties), guaranteed asset protection (GAP), and other ancillary products to enhance the ownership experience and protect vehicle investments.

Examples of Public Companies in this Category:

  • AutoNation, Inc. (AN)
  • Penske Automotive Group, Inc. (PAG)
  • Lithia Motors, Inc. (LAD)
  • Various other large dealership groups and global automotive manufacturers.

Assurant's strategy focuses on building long-term, integrated partnerships with these large enterprises to distribute its specialized protection products and services to their end-consumers.

AI Analysis | Feedback

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AI Analysis | Feedback

Here is the management team of Assurant (AIZ):

Keith W. Demmings, President, Chief Executive Officer, and Director

Keith W. Demmings was appointed President and CEO of Assurant in January 2022, and he also serves as a director on the company's board. He joined Assurant in 1997 and has held various leadership positions, including President of Global Lifestyle and President of International, and President of Canadian business in 2005. In his role as President and CEO, Mr. Demmings is responsible for leading Assurant's global businesses, which encompass its Global Lifestyle and Global Housing operating segments.

Keith Meier, Executive Vice President and Chief Financial Officer

Keith Meier became Executive Vice President and Chief Financial Officer of Assurant in November 2023. Prior to this appointment, he served as the company's Chief Operating Officer. Mr. Meier's tenure at Assurant also includes serving as Executive Vice President and President of International Business from June 2016 to January 2022, and as Senior Vice President of Global Strategy and Mergers & Acquisitions between 2013 and 2016.

Michael P. Campbell, Executive Vice President, Chief Operating Officer

Michael P. Campbell was named Executive Vice President, Chief Operating Officer in August 2025, taking charge of Global Operations and Information Technology for Assurant. He joined Assurant in 2006 and has held several senior leadership roles, most recently serving as President, Global Housing since 2019, where he led the expansion and growth of that business.

Francesca Luthi, Executive Vice President, Chief Administrative Officer

Francesca Luthi serves as Executive Vice President and Chief Administrative Officer at Assurant. She previously held the titles of Executive Vice President, Chief Communication and Marketing Officer, as well as Senior Vice President of Investor Relations and Communication at Assurant. Prior to her time at Assurant, Ms. Luthi held various senior-level investor relations and communication positions at BearingPoint and Accenture.

Jay Rosenblum, Executive Vice President, Chief Legal Officer

Jay Rosenblum is the Executive Vice President and Chief Legal Officer at Assurant. In this role, he is responsible for overseeing the company's legal affairs.

AI Analysis | Feedback

The key risks to Assurant (AIZ) primarily revolve around its exposure to natural catastrophes, a dynamic regulatory and competitive landscape, and market fluctuations impacting its investment portfolio.

  1. Exposure to Catastrophe Losses: Assurant's Global Housing segment, which includes property insurance, is highly susceptible to losses from natural disasters. The company's earnings are sensitive to catastrophe events, and while management often reports results excluding these impacts ("ex-cat"), this approach may understate the true volatility and risk associated with increasing catastrophe exposures. For instance, reportable catastrophe losses from events like California wildfires are projected to approach or exceed the company's reinsurance retention threshold.
  2. Regulatory and Competitive Pressures: Assurant operates within heavily regulated insurance and financial services sectors across various global jurisdictions. Changes in these regulations can pose significant operational and financial challenges. Furthermore, the company faces intense competition from both traditional insurance providers and emerging tech-driven startups, which could impact its market share, pricing power, and overall profitability.
  3. Market Risk in Investment Portfolio: A substantial portion of Assurant's profitability relies on returns from its investment portfolio. This portfolio is subject to market risks, including fluctuations in interest rates. Changes in interest rates can materially and adversely affect the fair value and investment income generated from fixed maturity securities, which represented approximately 84% of Assurant's total investments as of December 31, 2024, thereby impacting its capital and financial performance.

AI Analysis | Feedback

The "Right to Repair" movement and related legislative changes pose a clear emerging threat to Assurant, particularly its Global Lifestyle segment which includes mobile device protection plans and extended service contracts for electronics and appliances.

This movement, gaining significant traction with new laws passed or under consideration in multiple U.S. states (e.g., New York, California, Colorado) and in the European Union, aims to make it easier and cheaper for consumers and independent shops to repair electronic devices and other goods. Should these efforts lead to a substantial increase in product repairability, lower repair costs, and broader access to parts and repair information, it could significantly diminish the perceived value and necessity of Assurant's extended warranty and protection plan offerings. Consumers might increasingly opt for self-repair or independent repair, bypassing manufacturer- or carrier-backed programs administered by Assurant, thus eroding a key revenue stream.

AI Analysis | Feedback

Assurant (AIZ) operates primarily in two main segments: Global Housing and Global Lifestyle, which includes Connected Living and Global Automotive. The addressable markets for their main products and services are as follows:

  • Renters Insurance: The global renters insurance market was valued at $74 billion in 2024 and is estimated to reach $158.1 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 7.6% from 2025 to 2034. North America held the largest market share in 2024. The U.S. renters insurance market is a growing market, with over 44 million U.S. renters.
  • Extended Warranty: The global extended warranty market is expected to reach $159.38 billion in 2025 and is projected to grow to $240.78 billion by 2030, with a CAGR of 8.60%. North America led this market with a 37.5% share in 2024, and accounts for approximately 45% of the global share.
  • Mobile Device Protection: The global Mobile Phone Insurance (MPI) Market size was valued at $38.69 billion in 2023 and is predicted to reach $76.36 billion by 2030, with a CAGR of 12.0% from 2024 to 2030. The U.S. market for mobile phone insurance was valued at $9.60 billion in 2024 and is anticipated to reach approximately $28.5 billion by 2034, expanding at a CAGR of 11.8% from 2025 to 2034. North America accounted for 34.6% of the global market share.
  • Vehicle Protection Services (including Guaranteed Auto Protection - GAP): The global vehicle protection service market is estimated to be valued at $146.31 billion in 2025 and is expected to reach $292.46 billion by 2032, growing at a CAGR of 10.4% from 2025 to 2032. More specifically, the global Guaranteed Auto Protection (GAP) Insurance Market is projected to grow from $7.79 billion in 2024 to $13.40 billion by 2035, with a CAGR of 5.09% from 2025 to 2035. North America dominated the GAP insurance market in 2023, accounting for over 34% of the share.

AI Analysis | Feedback

Assurant (AIZ) is expected to drive future revenue growth over the next 2-3 years through several key strategies across its business segments. These anticipated drivers are supported by recent earnings reports, investor presentations, and analyst insights: * Growth in Connected Living: Assurant anticipates continued revenue expansion within its Connected Living segment, primarily fueled by new partnerships and a rise in subscriber additions. Recent examples include a multiyear agreement with a significant U.S. mobile carrier to manage a new logistics facility for mobile devices and a collaboration with Best Buy for the administration and underwriting of Geek Squad protection plans. This strategy involves both customer growth and the expansion of existing services. * Expansion in Global Automotive: The company foresees sustained growth in its Global Automotive business. This is expected to be driven by strengthening and expanding existing partnerships, such as with Holman Automotive, and a strategic focus on entering attractive adjacent sectors within the automotive market. This represents both customer acquisition and market expansion. * Strong Performance and Policy Growth in Global Housing: Assurant projects ongoing robust performance in its Global Housing segment, particularly within its lender-placed and renters insurance businesses. This growth is linked to significant policy increases, higher placement rates, and the renewal of multiyear agreements with major property management companies (PMCs) in the renters insurance space. This indicates growth in customer base and potentially favorable pricing. * Strategic Partnerships and Client Acquisitions: A fundamental driver across Assurant's segments is the continuous securing of new strategic partnerships and client wins. These collaborations are crucial for expanding its market footprint and customer base. Examples include the aforementioned mobile carrier and Best Buy partnerships, as well as broader B2B2C deals that generate recurring fee income. * Innovation and Product Differentiation: Assurant is committed to an intense focus on innovation and product differentiation, supported by ongoing investments in technology, including artificial intelligence (AI) and automation. This focus on innovation is expected to lead to the launch of new products and services and enhance the competitiveness and attractiveness of its offerings, contributing to organic growth.

AI Analysis | Feedback

Share Repurchases

  • Assurant anticipates repurchasing $300 million in shares for 2025.
  • In the third quarter of 2025, Assurant completed $81 million in share repurchases, with an additional $27 million between October 1 and October 31, 2025.
  • As of March 31, 2025, $312.1 million remained under the total share repurchase authorization.
  • In January 2021, the board authorized a new share buyback program of up to $600 million, following the completion of a prior authorization that had $186 million remaining as of December 31, 2020.

Share Issuance

  • No significant share issuances for capital raising purposes were reported over the last 3-5 years.

Outbound Investments

  • In October 2025, Assurant acquired OptoFidelity's mobile device test automation technology to enhance automation capabilities in its Device Care Centers.
  • During the second quarter of 2025, Assurant made strategic acquisitions of u Solutions in Japan and Justato in Brazil to expand its repair capabilities.
  • In 2021, the company received approximately $900 million from the sale of its Global Preneed business, which contributes to capital reallocation.

Capital Expenditures

  • Assurant focuses its investments on technology, including digital and AI capabilities, across its insurance segments.
  • For 2025, approximately $15 million is allocated to strategic investments specifically tied to launching high-impact programs and client initiatives.
  • In October 2024, an Innovation and Device Care Center was opened to support mobile device lifecycle solutions and leverage automation, robotics, and AI.

Trade Ideas

Select ideas related to AIZ.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FDS_1302026_Dip_Buyer_FCFYield01302026FDSFactSet Research SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-19.1%-19.1%-23.8%
PFSI_1302026_Dip_Buyer_ValueBuy01302026PFSIPennyMac Financial ServicesDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.6%-7.6%-9.2%
FIS_1232026_Dip_Buyer_FCFYield01232026FISFidelity National Information ServicesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-22.6%-22.6%-22.6%
MORN_1022026_Dip_Buyer_ValueBuy01022026MORNMorningstarDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-23.9%-23.9%-26.8%
ABR_1022026_Short_Squeeze01022026ABRArbor Realty TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-2.9%-2.9%-6.7%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AIZTRVMETAIGHIGPRUMedian
NameAssurant Traveler.MetLife American.Hartford.Prudenti. 
Mkt Price222.93299.8878.1079.90140.29103.49121.89
Mkt Cap11.366.051.943.239.436.141.3
Rev LTM12,56948,82870,76026,77427,69260,96738,260
Op Inc LTM-------
FCF LTM1,02210,60614,6273,3145,8656,2716,068
FCF 3Y Avg1,0869,13013,5454,2774,9227,0946,008
CFO LTM1,26610,60614,6273,3145,9886,2716,130
CFO 3Y Avg1,3049,13013,5454,2775,1097,0946,102

Growth & Margins

AIZTRVMETAIGHIGPRUMedian
NameAssurant Traveler.MetLife American.Hartford.Prudenti. 
Rev Chg LTM6.9%5.2%0.2%-1.8%6.9%-13.7%2.7%
Rev Chg 3Y Avg7.5%9.8%1.3%-3.3%8.6%3.9%5.7%
Rev Chg Q8.9%3.5%-7.7%-8.6%6.4%24.1%5.0%
QoQ Delta Rev Chg LTM2.1%0.9%-2.0%-2.2%1.6%5.2%1.2%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM10.1%21.7%20.7%12.4%21.6%10.3%16.5%
CFO/Rev 3Y Avg11.1%20.0%19.6%14.6%19.6%11.4%17.1%
FCF/Rev LTM8.1%21.7%20.7%12.4%21.2%10.3%16.5%
FCF/Rev 3Y Avg9.3%20.0%19.6%14.6%18.9%11.4%16.7%

Valuation

AIZTRVMETAIGHIGPRUMedian
NameAssurant Traveler.MetLife American.Hartford.Prudenti. 
Mkt Cap11.366.051.943.239.436.141.3
P/S0.91.40.71.61.40.61.1
P/EBIT9.88.08.710.18.5-8.7
P/E13.410.513.514.011.110.112.2
P/CFO9.06.23.513.06.65.86.4
Total Yield8.9%10.3%10.3%9.5%10.5%15.4%10.3%
Dividend Yield1.5%0.7%2.9%2.3%1.5%5.4%1.9%
FCF Yield 3Y Avg10.1%17.0%25.4%9.2%15.4%17.9%16.2%
D/E0.20.10.40.20.10.60.2
Net D/E-0.2-1.3-1.8-0.7-0.4-1.4-1.0

Returns

AIZTRVMETAIGHIGPRUMedian
NameAssurant Traveler.MetLife American.Hartford.Prudenti. 
1M Rtn-3.8%11.2%4.1%10.3%8.9%-3.2%6.5%
3M Rtn-0.6%4.6%6.4%6.1%4.6%0.7%4.6%
6M Rtn5.0%10.0%-0.0%-2.2%6.2%-0.8%2.5%
12M Rtn13.1%25.8%-3.2%8.4%26.3%-2.4%10.8%
3Y Rtn78.0%70.9%18.1%40.5%89.6%18.5%55.7%
1M Excs Rtn-4.8%10.3%3.1%9.3%8.0%-4.2%5.5%
3M Excs Rtn-2.9%3.0%1.3%2.2%3.9%-0.2%1.7%
6M Excs Rtn-1.5%5.4%-6.4%-7.7%0.3%-7.1%-3.9%
12M Excs Rtn0.4%15.9%-14.4%-3.9%14.5%-14.5%-1.7%
3Y Excs Rtn10.6%3.4%-47.5%-28.3%23.6%-49.8%-12.5%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20242023202220212020
Global Lifestyle27,64327,40426,21024,36122,894
Global Housing4,2744,3834,1314,0144,046
Corporate & Other1,7181,3313,57016,2759,911
Global Preneed    7,440
Total33,63533,11733,91244,65044,291


Price Behavior

Price Behavior
Market Price$222.92 
Market Cap ($ Bil)11.3 
First Trading Date02/05/2004 
Distance from 52W High-8.0% 
   50 Days200 Days
DMA Price$233.55$211.99
DMA Trendupup
Distance from DMA-4.5%5.2%
 3M1YR
Volatility24.5%27.8%
Downside Capture39.6253.18
Upside Capture25.5459.16
Correlation (SPY)4.0%45.9%
AIZ Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta0.400.160.140.360.670.62
Up Beta2.671.850.410.750.790.77
Down Beta0.14-0.12-0.08-0.080.640.62
Up Capture-10%29%53%70%45%28%
Bmk +ve Days11223471142430
Stock +ve Days10253876137421
Down Capture17%-35%-19%13%65%70%
Bmk -ve Days9192754109321
Stock -ve Days10162349114330

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AIZ
AIZ12.4%27.8%0.41-
Sector ETF (XLF)1.0%19.4%-0.0759.3%
Equity (SPY)13.0%19.4%0.5145.7%
Gold (GLD)71.2%25.5%2.08-0.3%
Commodities (DBC)7.3%16.9%0.2510.6%
Real Estate (VNQ)6.4%16.7%0.2047.0%
Bitcoin (BTCUSD)-30.2%44.9%-0.6610.0%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AIZ
AIZ13.4%25.0%0.49-
Sector ETF (XLF)12.7%18.7%0.5554.6%
Equity (SPY)13.4%17.0%0.6241.9%
Gold (GLD)22.0%17.1%1.050.0%
Commodities (DBC)11.0%19.0%0.477.8%
Real Estate (VNQ)4.8%18.8%0.1639.8%
Bitcoin (BTCUSD)6.9%57.1%0.349.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AIZ
AIZ15.2%26.9%0.56-
Sector ETF (XLF)14.3%22.2%0.5962.6%
Equity (SPY)15.8%17.9%0.7652.9%
Gold (GLD)15.0%15.6%0.80-1.5%
Commodities (DBC)8.7%17.6%0.4118.0%
Real Estate (VNQ)6.8%20.7%0.2949.1%
Bitcoin (BTCUSD)67.7%66.7%1.0710.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date1302026
Short Interest: Shares Quantity0.9 Mil
Short Interest: % Change Since 115202611.7%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity50.8 Mil
Short % of Basic Shares1.8%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/10/2026-8.6%-6.7% 
11/4/20251.7%5.1%4.3%
8/5/202511.2%10.9%15.1%
5/6/2025-0.4%2.3%1.8%
1/23/20251.7%5.4%-1.9%
10/16/20240.7%-1.6%9.5%
8/6/20240.0%8.3%14.9%
5/7/2024-1.1%-0.7%-3.4%
...
SUMMARY STATS   
# Positive151316
# Negative10128
Median Positive2.1%5.4%8.9%
Median Negative-3.6%-2.8%-6.1%
Max Positive14.1%16.6%16.3%
Max Negative-10.5%-11.8%-30.5%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/20/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/15/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/17/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
03/31/202205/05/202210-Q
12/31/202102/22/202210-K

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Demmings, KeithPresident and CEODirectSell10062025220.5213,7253,026,65218,666,498Form
2Demmings, KeithPresident and CEODirectSell9022025220.274,275941,67121,668,843Form
3Rosenblum, JayEVP and CLODirectSell8132025208.533,900813,2561,642,152Form
4Dirienzo, DimitrySVP, CAO, ControllerDirectSell8122025204.96950194,707642,534Form
5Rosenblum, JayEVP and CLODirectSell5192025201.931,000201,9262,377,683Form