Analyst Consensus ?
ConsensusBuy19 ratings
Bullish1157.9%
Neutral736.8%
Bearish15.3%
Assurant, Inc. · AIZ · FY2026 Q2 · Calendar Q3 2026
Assurant raises 2026 outlook as Connected Living drives record Q2
The supplied analysis supports a constructive operating thesis for Assurant: record Q2 earnings, strong Connected Living momentum, new partnership activity, and a raised full-year outlook indicate demand and execution remain resilient. The thesis is tempered by claims, catastrophe, placement-rate, capacity, and competitive risks.
Reported After market closeNYSEFinancial Services
$13.74B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$6.41
Consensus $5.17
EPS surprise
+24.0%
Reported versus consensus
Reported revenue
$3.45B
Consensus $3.43B
Revenue surprise
+0.7%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+7.2%
Event window
SPY move
-0.2%
Same window
Abnormal move
+7.4%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
-5.8%
Up to 20 sessions
AIZSPY benchmark
Ask FN2 about AIZ FY2026 Q2
Transcript, numbers and history already loaded
Why did AIZ rise 7.2% after beating EPS estimates in FY2026 Q2?What changed in AIZ's guidance and outlook in FY2026 Q2?Give me the bull and bear case for AIZ after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the current analysis describes another record quarter, stronger Connected Living and reverse-logistics momentum, a new Freedom Mortgage partnership covering approximately 2.6 million loans, four additional Connected Living programs, expanded device-care capacity, and a higher liquidity figure of $911 million. Guidance remained raised and the share-repurchase range increased to $300-$350 million.
Guidance delta
Raised: management now targets mid-single-digit 2026 growth and approximately 10% underlying growth excluding reserve impacts; the share-repurchase range is $300-$350 million.
Key takeaways
- Q2 analysis describes record results, with adjusted EBITDA up 18% and adjusted EPS up 19%, both excluding catastrophes.
- Connected Living, mobile device protection, and reverse logistics were identified as key sources of growth and margin expansion.
- A new Freedom Mortgage lender-placed insurance partnership covers approximately 2.6 million loans.
- Management highlighted $911 million of liquidity and an increased $300-$350 million share-repurchase range.
- The analysis identifies claims inflation, catastrophe losses, placement-rate changes, and competition as risks.
Management priorities
- Continue investing in AI, data analytics, and automation.
- Roll out additional Connected Living programs and deepen mobile carrier partnerships.
- Expand lender-placed insurance and the Cover360 platform.
- Pursue selective M&A while maintaining disciplined capital allocation.
- Increase share repurchases toward the upper end of the $300-$350 million range.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$271.08Current
$205Low
$292.45Average
$355High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 22, 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 |
|---|---|---|---|---|
| BMO Capital | Outperform | Outperform | Maintain | Aug 28, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Aug 19, 2026 |
| UBS | Buy | Buy | Maintain | Aug 13, 2026 |
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Aug 7, 2026 |
| Truist Securities | Buy | Buy | Maintain | Aug 6, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Aug 6, 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 current price $271.08. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BMO Capital | Charlie Lederer | $320 | $285.88 | +18.0% | Aug 28, 2026 |
| Morgan Stanley | Analyst unavailable | $320 | $280.07 | +18.0% | Aug 19, 2026 |
| UBS | Brian Meredith | $331 | $283.42 | +22.1% | Aug 13, 2026 |
| Piper Sandler | Analyst unavailable | $329 | $295.66 | +21.4% | Aug 6, 2026 |
| Truist Financial | Mark Hughes | $355 | $297.7 | +31.0% | Aug 6, 2026 |
| Morgan Stanley | Analyst unavailable | $300 | $279.48 | +10.7% | Jul 6, 2026 |
| Truist Financial | Analyst unavailable | $310 | $260.55 | +14.4% | Jun 17, 2026 |
| RBC Capital | Analyst unavailable | $310 | $265.08 | +14.4% | Jun 17, 2026 |
| Piper Sandler | Analyst unavailable | $290 | $254.82 | +7.0% | May 26, 2026 |
| Morgan Stanley | Analyst unavailable | $285 | $251.14 | +5.1% | May 14, 2026 |
| UBS | Analyst unavailable | $274 | $240.38 | +1.1% | May 11, 2026 |
| Piper Sandler | Analyst unavailable | $268 | $239.67 | -1.1% | May 11, 2026 |
| BMO Capital | Analyst unavailable | $246 | $218.84 | -9.3% | Feb 12, 2026 |
| Piper Sandler | Analyst unavailable | $264 | $238.03 | -2.6% | Dec 19, 2025 |
| Morgan Stanley | Analyst unavailable | $248 | $227.03 | -8.5% | Nov 17, 2025 |
| Truist Financial | Analyst unavailable | $255 | $207.28 | -5.9% | Oct 29, 2025 |
| Piper Sandler | Analyst unavailable | $248 | $218.45 | -8.5% | Oct 10, 2025 |
| UBS | Analyst unavailable | $255 | $216.29 | -5.9% | Oct 8, 2025 |
| Morgan Stanley | Analyst unavailable | $232 | $218.97 | -14.4% | Oct 7, 2025 |
| BMO Capital | Charlie Lederer | $238 | $209.42 | -12.2% | Aug 12, 2025 |
| Morgan Stanley | Bob Huang | $217 | $203.44 | -19.9% | May 19, 2025 |
| Piper Sandler | John Barnidge | $205 | $179.34 | -24.4% | Apr 5, 2024 |
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Start freeCompany 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…
Historical context
All AIZ earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PUK Prudential plc | FY2026 Q2 · Calendar Q3 2026 | -40.9% | -0.5% | Prudential sustains growth and capital returns focus in H1 2026 |
| CM Canadian Imperial Bank of Commerce | FY2026 Q3 · Calendar Q3 2026 | +8.9% | -2.8% | CIBC Q3: Broad growth, resilient credit and expanded AI rollout |
| TD The Toronto-Dominion Bank | FY2026 Q3 · Calendar Q3 2026 | +13.8% | +1.4% | TD emphasizes growth investments alongside disciplined capital management |
| RY Royal Bank of Canada | FY2026 Q3 · Calendar Q3 2026 | +6.2% | -1.3% | RBC reports record Q3 earnings while investing for growth |
| AFRM Affirm Holdings, Inc. | FY2026 Q4 · Calendar Q3 2026 | +1230.3% | +0.3% | Affirm's most profitable quarter shifts focus to product execution |
Latest beats and misses
Who reports nextBeat on EPS
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
- CASYFY2027 Q1 · September 8, 2026+8.7% EPS-14.2% move
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Sources
- Earnings call transcript and parsed analysis · 2026-08-05T16:10:29.922480+00:00
- FN2 earnings calendar · 2026-09-09T01:23:14.388487+00:00
- Polygon adjusted daily market bars · 2026-09-22T20:10:53.292860+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-22T20:10:53.289813+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 · As of 2026-09-22. For educational purposes only; not investment advice.