Assurant currently trades at $217.48 per share and has shown little upside over the past six months, posting a middling return of 4%.
Is now the time to buy Assurant, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free.
Why Is Assurant Not Exciting?
We're sitting this one out for now. Here are three reasons we avoid AIZ and a stock we'd rather own.
1. Net Premiums Earned Point to Soft Demand
Net premiums earned are net of what’s paid to reinsurers (insurance for insurance companies), which are used by insurers to protect themselves from large losses.
Assurant’s net premiums earned has grown at a 4.8% annualized rate over the last five years, worse than the broader insurance industry and slower than its total revenue.
2. Recent EPS Growth Below Our Standards
Although long-term earnings trends give us the big picture, we like to analyze EPS over a shorter period to see if we are missing a change in the business.
Assurant’s EPS grew at an unimpressive 13.1% compounded annual growth rate over the last two years. On the bright side, this performance was higher than its 7.3% annualized revenue growth and tells us the company became more profitable on a per-share basis as it expanded.
3. Substandard BVPS Growth Indicates Limited Asset Expansion
In the insurance industry, book value per share (BVPS) provides a clear picture of shareholder value, as it represents the total equity backing a company’s insurance operations and growth initiatives.
To the detriment of investors, Assurant’s BVPS grew at a mediocre 12.4% annual clip over the last two years.
Final Judgment
Assurant isn’t a terrible business, but it isn’t one of our picks. That said, the stock currently trades at 1.7× forward P/B (or $217.48 per share). Investors with a higher risk tolerance might like the company, but we don’t really see a big opportunity at the moment. We're fairly confident there are better investments elsewhere. We’d suggest looking at one of our all-time favorite software stocks.
Stocks We Would Buy Instead of Assurant
The market’s up big this year - but there’s a catch. Just 4 stocks account for half the S&P 500’s entire gain. That kind of concentration makes investors nervous, and for good reason. While everyone piles into the same crowded names, smart investors are hunting quality where no one’s looking - and paying a fraction of the price. Check out the high-quality names we’ve flagged in our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).
Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
