Zacks Research Estimates Allstate’s Q2 Earnings (NYSE:ALL)

The Allstate Co. (NYSE:ALL) – Equities research analysts at Zacks Research upped their Q2 2026 EPS estimates for Allstate in a research note issued on Wednesday, December 18th. Zacks Research analyst Z. Masood now anticipates that the insurance provider will earn $3.47 per share for the quarter, up from their prior forecast of $3.46. The consensus estimate for Allstate’s current full-year earnings is $16.26 per share.

Allstate (NYSE:ALL) last released its earnings results on Wednesday, October 30th. The insurance provider reported $3.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $1.71. The firm had revenue of $16.63 billion for the quarter, compared to analyst estimates of $14.57 billion. Allstate had a net margin of 6.77% and a return on equity of 26.67%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 earnings per share.

A number of other research firms also recently commented on ALL. TD Cowen increased their target price on shares of Allstate from $193.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Bank of America lifted their price target on Allstate from $216.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. JPMorgan Chase & Co. lifted their target price on shares of Allstate from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Morgan Stanley raised their price objective on shares of Allstate from $220.00 to $228.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group increased their target price on shares of Allstate from $231.00 to $267.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $217.19.

Allstate Trading Up 0.0 %

NYSE:ALL opened at $193.63 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.40 and a current ratio of 0.40. Allstate has a 1 year low of $137.07 and a 1 year high of $209.88. The stock has a market cap of $51.27 billion, a P/E ratio of 12.54, a P/E/G ratio of 1.70 and a beta of 0.50. The stock has a 50-day simple moving average of $195.72 and a 200-day simple moving average of $182.51.

Institutional Investors Weigh In On Allstate

A number of large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. lifted its stake in shares of Allstate by 1.9% during the third quarter. Principal Financial Group Inc. now owns 313,754 shares of the insurance provider’s stock valued at $59,503,000 after buying an additional 5,980 shares during the period. Oddo BHF Asset Management Sas purchased a new stake in shares of Allstate in the third quarter valued at $593,000. Franklin Resources Inc. increased its stake in Allstate by 5.1% in the third quarter. Franklin Resources Inc. now owns 136,632 shares of the insurance provider’s stock valued at $26,032,000 after purchasing an additional 6,616 shares during the last quarter. Tidal Investments LLC boosted its stake in Allstate by 28.2% in the 3rd quarter. Tidal Investments LLC now owns 40,759 shares of the insurance provider’s stock worth $7,730,000 after buying an additional 8,977 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB grew its holdings in Allstate by 457.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,249 shares of the insurance provider’s stock valued at $1,754,000 after buying an additional 7,590 shares during the period. Institutional investors and hedge funds own 76.47% of the company’s stock.

Allstate Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 29th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $3.68 dividend on an annualized basis and a yield of 1.90%. Allstate’s payout ratio is 23.83%.

Allstate Company Profile

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.