Allstate (NYSE:ALL) Posts Earnings Results, Beats Estimates By $2.93 EPS

Allstate (NYSE:ALL) released its quarterly earnings data on Wednesday. The insurance provider reported $8.99 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93, FiscalAI reports. Allstate had a return on equity of 42.66% and a net margin of 17.81%.

Allstate Stock Performance

ALL stock traded up $1.69 on Wednesday, hitting $264.25. The company’s stock had a trading volume of 1,433,615 shares, compared to its average volume of 1,671,100. The firm has a 50 day moving average of $237.86 and a two-hundred day moving average of $219.05. Allstate has a 1 year low of $188.08 and a 1 year high of $277.22. The stock has a market cap of $68.02 billion, a price-to-earnings ratio of 5.83, a price-to-earnings-growth ratio of 0.45 and a beta of 0.16. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25.

Allstate Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, August 31st will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s payout ratio is presently 9.53%.

Analyst Upgrades and Downgrades

ALL has been the topic of several recent analyst reports. Evercore set a $240.00 price target on shares of Allstate in a research note on Friday, July 10th. Raymond James Financial upped their target price on shares of Allstate from $260.00 to $300.00 and gave the company a “strong-buy” rating in a report on Monday, July 6th. UBS Group downgraded shares of Allstate from a “buy” rating to a “neutral” rating and increased their target price for the company from $255.00 to $261.00 in a research report on Wednesday, July 15th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Allstate in a research note on Thursday, June 18th. Finally, Piper Sandler reissued an “overweight” rating on shares of Allstate in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $254.80.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Major Q2 earnings beat: Allstate reported second-quarter 2026 earnings of $8.99 per share, exceeding the analyst consensus of $6.06 by $2.93. The insurer also posted a 17.81% net margin and 42.66% return on equity, reinforcing the view that operating results were stronger than expected. Allstate Reports Excellent Operating Results
• Positive Sentiment: Results exceeded pre-earnings concerns: Analysts had warned that weaker property-liability underwriting could pressure the quarter, but the reported EPS beat suggests premium growth, investment income, or underwriting performance was better than anticipated. The stock is trading well above its 50-day and 200-day moving averages, indicating strong recent momentum. Will Weak Property-Liability Underwriting Hurt Allstate’s Q2 Earnings?
• Positive Sentiment: High-profile Olympic partnership: Allstate was named a founding partner of the LA28 Olympic and Paralympic Games and the official home and auto insurance partner of Team USA. The agreement could increase brand visibility and support long-term customer acquisition, although its direct near-term financial impact is uncertain. Allstate Named Founding Partner of LA28 Olympic and Paralympic Games
• Neutral Sentiment: An attorney previously associated with Allstate joined Tyson & Mendes to lead a new Inland Empire office. The personnel move is not expected to materially affect Allstate’s financial outlook. Tyson & Mendes Hires Allstate Lawyer
• Negative Sentiment: A driver sued Allstate, alleging the insurer identified the wrong person as responsible for an accident. The case creates potential legal and reputational risk, though no financial impact has been disclosed. Driver Sues Allstate

Insider Transactions at Allstate

In related news, insider Mark Q. Prindiville sold 1,550 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the transaction, the insider owned 27,558 shares in the company, valued at $5,959,968.66. The trade was a 5.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $202.91, for a total value of $451,474.75. Following the sale, the director directly owned 2,225 shares of the company’s stock, valued at approximately $451,474.75. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. GQG Partners LLC lifted its holdings in shares of Allstate by 36.0% during the fourth quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock worth $1,142,449,000 after purchasing an additional 1,452,993 shares during the period. Woodline Partners LP purchased a new position in Allstate during the 3rd quarter worth $148,641,000. First Trust Advisors LP raised its position in Allstate by 57.7% during the 4th quarter. First Trust Advisors LP now owns 1,710,153 shares of the insurance provider’s stock worth $355,968,000 after buying an additional 625,633 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of Allstate by 451.3% in the 4th quarter. Lazard Asset Management LLC now owns 671,379 shares of the insurance provider’s stock worth $139,748,000 after acquiring an additional 549,597 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Allstate by 52.7% in the second quarter. Ameriprise Financial Inc. now owns 1,385,901 shares of the insurance provider’s stock valued at $279,062,000 after acquiring an additional 478,598 shares in the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.

Allstate Company Profile

Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings.

The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.