Assurant, Inc. AIZ is expected to register an improvement in both top and bottom lines when it reports first-quarter 2026 results on May 5, after the closing bell.
The Zacks Consensus Estimate for AIZ’s first-quarter revenues is pegged at $3.30 billion, indicating 6.6% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at $5.40 per share. The Zacks Consensus Estimate for AIZ’s first-quarter earnings has moved down 0.5% in the past 30 days. The estimate suggests a year-over-year increase of 59.2%.
What the Zacks Model Unveils for AIZ
Our proven model does not conclusively predict an earnings beat for Assurant this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is not the case, as you can see below.
Earnings ESP of AIZ: Assurant has an Earnings ESP of +3.01%. This is because the Most Accurate Estimate of $5.56 is pegged higher than the Zacks Consensus Estimate of $5.40. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Assurant, Inc. Price and EPS Surprise
Assurant, Inc. price-eps-surprise | Assurant, Inc. Quote
Assurant’s Zacks Rank: AIZ carries a Zacks Rank #4 (Sell) at present.
Factors Likely to Shape Q1 Results of AIZ
Solid performance at the Global Housing segment, as well as growth in Global Lifestyle, is likely to have aided the first-quarter performance of Assurant.
Revenues are likely to have gained from improved net earned premiums and higher net investment income.
Net earned premiums are expected to have benefited from higher premiums in the Global Housing and Global Lifestyle segments.
The Zacks Consensus Estimate for first-quarter net earned premiums, fees and other income is pegged at $2.7 billion. We expect net earned premiums to increase 4.9% to $2.7 billion in the to-be-reported quarter. Fees and other income are expected to increase 14.1% to $459.8 million in the first quarter.
Net investment income is expected to have been driven by higher asset balances and yields in fixed maturity securities. The upside is likely to have been partially offset by reduced income due to lower yields and balances in cash and cash equivalents, and reduced income in real estate joint ventures and other partnerships. The Zacks Consensus Estimate for first-quarter net investment income is pegged at $137 million. We expect net investment income to be $133 million.
Global Housing is expected to have been driven by the Homeowners from higher lender-placed policies in-force and average premiums, as well as growth across various specialty products, growth in Renters and Other, primarily from a block of newly acquired renters policies, and the non-run rate adjustment. Higher catastrophe reinsurance premiums are likely to partially offset the upside. The Zacks Consensus Estimate for the segment’s first-quarter revenues is pegged at $749 million, suggesting growth of 8.4% from the year-ago quarter’s level. We expect the segment’s revenues to be $737.8 million.
Global Lifestyle is likely to have benefited from growth in Connected Living from global mobile subscriber growth and higher contributions from financial services from a new program. A decline in domestic extended service contracts and the unfavorable impact of foreign exchange are likely to partially offset the upside. The Zacks Consensus Estimate and our estimate for the segment’s first-quarter revenues are both pegged at $2.5 billion, suggesting growth of 5% from the year-ago quarter’s level. We expect the segment’s revenues to be $2.5 billion.
Total benefits, losses and expenses might have escalated because of higher underwriting and selling, general and administrative expenses. We expect total expenses to be $2.9 billion.
Continued share buybacks are likely to have aided the bottom line in the to-be-reported quarter.
Stocks to Consider
Here are three insurance stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
Skyward Specialty Insurance Group, Inc. SKWD has an Earnings ESP of +0.48% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $1.05, indicating a 16.6% year-over-year increase. You can see the complete list of today’s Zacks #1 Rank stocks here.
SKWD’s earnings beat estimates in each of the last four reported quarters.
Cushman & Wakefield PLC CWK has an Earnings ESP of +9.80% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at 13 cents, indicating a 44.4% year-over-year increase.
CWK’s earnings beat estimates in each of the last four reported quarters.
MetLife, Inc. MET has an Earnings ESP of +0.02% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $2.22, indicating a 13.2% year-over-year increase.
MET’s earnings beat estimates in two of the last four reported quarters, while missing in the other two.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MetLife, Inc. (MET): Free Stock Analysis Report
Assurant, Inc. (AIZ): Free Stock Analysis Report
Cushman & Wakefield PLC (CWK): Free Stock Analysis Report
Skyward Specialty Insurance Group, Inc. (SKWD): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).