Analyst Consensus ?
ConsensusBuy19 ratings
Bullish1157.9%
Neutral736.8%
Bearish15.3%
Assurant, Inc. · AIZ · FY2026 Q1 · Calendar Q2 2026
Assurant Posts Record Q1 2026 as Connected Living Earnings Jump 18%, Guidance Raised
Assurant reported its strongest quarter ever in Q1 2026, with adjusted EPS of $5.95 beating consensus by 12.5% and revenue of $3.42B exceeding estimates by 3.9%. Double-digit earnings growth in Connected Living (18%) and Global Automotive (23%) drove the beat, supported by expanding carrier partnerships reaching ~69 million devices and a $20M reduction in catastrophe reinsurance costs. Management raised full-year guidance, citing Lifestyle growth of ~10% and high-single-digit underlying EBITDA/EPS growth. Despite the strong print, the stock initially underperformed the market by 1.6%, though it subsequently drifted 6.4% higher. The analyst consensus target of $288 implies modest upside from the current $282.
Reported After market closeNYSEFinancial Services
$14.00B market cap
90quality score
Company context
Snapshot as of publicationAssurant, Inc. operates globally, delivering essential lifestyle and housing solutions designed to secure, assist, and connect consumer acquisitions across diverse markets including North America, Latin America, Europe, and the Asia Pacific. The company's operations are divided into two main divisions: Global Lifestyle and Global Housing. The Global Lifestyle segment provides comprehensive mobile device support, extended warranty and maintenance programs for mobile devices, consumer electronics, and appliances, as well as vehicle protection plans and associated services, alongside credit…
Earnings scorecard
Reported versus consensus
Reported EPS
$5.95
Consensus $5
EPS surprise
+12.5%
Reported versus consensus
Reported revenue
$3.42B
Consensus $3.29B
Revenue surprise
+3.9%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$282.46Previous close
$205Low
$265.56Average
$310High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Jul 31, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Jul 8, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Jul 6, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jun 17, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | May 26, 2026 |
| UBS | Buy | Buy | Maintain | May 11, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Feb 12, 2026 |
| B of A Securities | Buy | Buy | Maintain | Oct 10, 2024 |
| William Blair | Outperform | Outperform | Maintain | Jul 23, 2021 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 7, 2020 |
| Keefe Bruyette & Woods | Outperform | Outperform | Maintain | Jul 16, 2018 |
| Bank of America | Neutral | Buy | Downgrade | Oct 20, 2016 |
| Credit Suisse | Neutral | Neutral | Maintain | Oct 7, 2016 |
| PiperJaffray | Neutral | Neutral | Maintain | Oct 21, 2015 |
| Jefferies | Hold | Hold | Maintain | Aug 14, 2015 |
| Macquarie | Neutral | Neutral | Maintain | Jul 29, 2015 |
| Goldman Sachs | Buy | Buy | Maintain | May 15, 2015 |
| Sterne Agee | Neutral | Neutral | Maintain | Jul 17, 2014 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 1, 2014 |
| Bank oferica | Underperform | Underperform | Maintain | May 2, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $282.46. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $300 | $279.48 | +6.2% | Jul 6, 2026 |
| Truist Financial | Analyst unavailable | $310 | $260.55 | +9.8% | Jun 17, 2026 |
| RBC Capital | Analyst unavailable | $310 | $265.08 | +9.8% | Jun 17, 2026 |
| Piper Sandler | Analyst unavailable | $290 | $254.82 | +2.7% | May 26, 2026 |
| Morgan Stanley | Analyst unavailable | $285 | $251.14 | +0.9% | May 14, 2026 |
| UBS | Analyst unavailable | $274 | $240.38 | -3.0% | May 11, 2026 |
| Piper Sandler | Analyst unavailable | $268 | $239.67 | -5.1% | May 11, 2026 |
| BMO Capital | Analyst unavailable | $246 | $218.84 | -12.9% | Feb 12, 2026 |
| Piper Sandler | Analyst unavailable | $264 | $238.03 | -6.5% | Dec 19, 2025 |
| Morgan Stanley | Analyst unavailable | $248 | $227.03 | -12.2% | Nov 17, 2025 |
| Truist Financial | Analyst unavailable | $255 | $207.28 | -9.7% | Oct 29, 2025 |
| Piper Sandler | Analyst unavailable | $248 | $218.45 | -12.2% | Oct 10, 2025 |
| UBS | Analyst unavailable | $255 | $216.29 | -9.7% | Oct 8, 2025 |
| Morgan Stanley | Analyst unavailable | $232 | $218.97 | -17.9% | Oct 7, 2025 |
| BMO Capital | Charlie Lederer | $238 | $209.42 | -15.7% | Aug 12, 2025 |
| Morgan Stanley | Bob Huang | $217 | $203.44 | -23.2% | May 19, 2025 |
| Piper Sandler | John Barnidge | $205 | $179.34 | -27.4% | Apr 5, 2024 |
Track every rating change on AIZ the moment it posts. Free to start.
Start freeMarket reaction
event-close to next-session close
Stock move
-0.2%
Event window
SPY move
+1.4%
Same window
Abnormal move
-1.6%
Stock minus SPY
Volume
1.5×
Versus trailing sessions
Subsequent drift
+6.4%
Up to 20 sessions
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What changed
Q1 2026 was Assurant's strongest quarter on record. Adjusted EPS of $5.95 topped the $5.29 consensus by 12.5%, and revenue of $3.42B beat the $3.29B estimate by 3.9%. Connected Living earnings grew 18% and Global Automotive by 23%. Catastrophe reinsurance program costs fell to $180M from $200M, with more favorable terms and reduced Florida exposure. Device protection reached approximately 69 million devices through expanded partnerships with T-Mobile, Verizon, Xfinity Mobile, and Best Buy. A real estate joint-venture gain of $13M also contributed to EBITDA.
Guidance delta
Management raised full-year guidance. Lifestyle growth is now expected at approximately 10%, up from the prior outlook. Full-year EBITDA and EPS growth is guided to low-single-digits on a reported basis, or high-single-digits on an underlying basis. The company plans $300-$350 million in share repurchases and continues to evaluate M&A opportunities. Balance sheet liquidity stood at $836 million.
Key takeaways
- Q1 2026 was the strongest quarter in Assurant history, with 18% earnings growth in Connected Living and 23% in Global Automotive
- Guidance raised: Lifestyle growth ~10% and low-single-digit full-year EBITDA/EPS growth (high-single-digit underlying) expected
- Partnerships with T-Mobile, Verizon, Xfinity Mobile, Best Buy and others expanded device protection to ~69 million devices
- Catastrophe reinsurance pricing improved, reducing premiums by $20M and providing robust coverage with lower Florida exposure
- Strong balance sheet ($836M liquidity) supports $300-$350M share repurchases and potential M&A
Management priorities
- Launch of new AI-powered products for dealership training and claims processing
- Further expansion of mobile protection with T-Mobile, Verizon, Xfinity and Best Buy
- Scale of reverse-logistics services via Nashville device-care center
- Continued rollout of Home Warranty solutions with Compass and other affinity partners
- Potential M&A activity funded by strong cash generation
Related earnings events
Financial ServicesSources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-31T10:41:40.296901+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-31T10:41:40.294185+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.