Zacks Research Research Analysts Raise Earnings Estimates for The Allstate Co. (NYSE:ALL)

The Allstate Co. (NYSE:ALL) – Stock analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for shares of Allstate in a research note issued to investors on Wednesday, September 25th. Zacks Research analyst Z. Masood now forecasts that the insurance provider will post earnings per share of $4.98 for the quarter, up from their previous estimate of $4.97. The consensus estimate for Allstate’s current full-year earnings is $15.20 per share. Zacks Research also issued estimates for Allstate’s Q2 2025 earnings at $2.72 EPS, Q3 2025 earnings at $3.66 EPS, Q4 2025 earnings at $4.56 EPS, FY2025 earnings at $15.92 EPS, Q1 2026 earnings at $4.72 EPS and FY2026 earnings at $18.25 EPS.

Allstate (NYSE:ALL) last released its earnings results on Wednesday, July 31st. The insurance provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $1.28. Allstate had a return on equity of 24.05% and a net margin of 5.03%. The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.04 billion. During the same period in the previous year, the company earned ($4.42) earnings per share. Allstate’s revenue was up 12.4% compared to the same quarter last year.

ALL has been the topic of several other research reports. Roth Mkm restated a “buy” rating and issued a $200.00 price target on shares of Allstate in a research report on Wednesday, August 14th. Bank of America boosted their target price on Allstate from $213.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. The Goldman Sachs Group increased their price target on Allstate from $199.00 to $204.00 and gave the company a “buy” rating in a research report on Thursday, August 15th. Barclays initiated coverage on Allstate in a report on Wednesday, September 4th. They set an “underweight” rating and a $175.00 price objective on the stock. Finally, TD Cowen raised their target price on shares of Allstate from $193.00 to $224.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.76.

Allstate Stock Down 0.2 %

NYSE ALL opened at $188.36 on Friday. Allstate has a 12 month low of $109.01 and a 12 month high of $193.97. The company has a market capitalization of $49.71 billion, a P/E ratio of 41.58, a PEG ratio of 1.81 and a beta of 0.48. The company’s 50 day simple moving average is $181.32 and its 200 day simple moving average is $171.31. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.36 and a quick ratio of 0.36.

Allstate Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, August 30th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $3.68 dividend on an annualized basis and a yield of 1.95%. Allstate’s dividend payout ratio (DPR) is currently 81.24%.

Insiders Place Their Bets

In other news, insider Suren Gupta sold 45,775 shares of Allstate stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $177.28, for a total transaction of $8,114,992.00. Following the completion of the sale, the insider now directly owns 89,930 shares in the company, valued at approximately $15,942,790.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Suren Gupta sold 45,775 shares of the stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $177.28, for a total transaction of $8,114,992.00. Following the transaction, the insider now owns 89,930 shares in the company, valued at approximately $15,942,790.40. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Thomas J. Wilson sold 90,000 shares of Allstate stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $179.34, for a total transaction of $16,140,600.00. Following the completion of the sale, the chief executive officer now directly owns 88,552 shares of the company’s stock, valued at approximately $15,880,915.68. The disclosure for this sale can be found here. Insiders have sold a total of 238,305 shares of company stock valued at $43,082,657 in the last three months. Insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in Allstate by 3.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,437,688 shares of the insurance provider’s stock worth $229,545,000 after acquiring an additional 47,038 shares during the period. Hsbc Holdings PLC increased its stake in shares of Allstate by 3.3% in the second quarter. Hsbc Holdings PLC now owns 1,007,953 shares of the insurance provider’s stock worth $160,948,000 after purchasing an additional 31,789 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of Allstate by 1.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 818,489 shares of the insurance provider’s stock worth $130,680,000 after purchasing an additional 8,454 shares during the last quarter. AQR Capital Management LLC grew its holdings in Allstate by 181.6% in the 2nd quarter. AQR Capital Management LLC now owns 719,997 shares of the insurance provider’s stock valued at $114,955,000 after buying an additional 464,337 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in Allstate by 11.8% in the 1st quarter. Russell Investments Group Ltd. now owns 716,757 shares of the insurance provider’s stock worth $123,574,000 after buying an additional 75,698 shares during the period. Institutional investors and hedge funds own 76.47% of the company’s stock.

About Allstate

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.