Brokers Offer Predictions for Allstate FY2026 Earnings

The Allstate Corporation (NYSE:ALL) – Analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of Allstate in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov forecasts that the insurance provider will post earnings per share of $28.00 for the year. The consensus estimate for Allstate’s current full-year earnings is $29.28 per share. DOWLING & PARTN also issued estimates for Allstate’s FY2027 earnings at $24.00 EPS.

Other analysts have also recently issued research reports about the company. Barclays lifted their price objective on Allstate from $207.00 to $208.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 8th. Piper Sandler raised their price target on Allstate from $252.00 to $268.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Keefe, Bruyette & Woods raised their price target on Allstate from $260.00 to $266.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Mizuho decreased their price target on Allstate from $281.00 to $265.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Finally, Wall Street Zen lowered Allstate from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Allstate presently has a consensus rating of “Moderate Buy” and an average target price of $241.67.

Allstate Trading Down 1.8%

Allstate stock opened at $208.90 on Thursday. The stock has a market cap of $53.78 billion, a PE ratio of 4.61, a P/E/G ratio of 0.38 and a beta of 0.21. The stock has a 50-day moving average price of $212.66 and a 200 day moving average price of $208.53. Allstate has a 52 week low of $188.08 and a 52 week high of $227.62. 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 (NYSE:ALL) last posted its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. The firm had revenue of $16.94 billion during the quarter, compared to analysts’ expectations of $15.24 billion. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $3.53 EPS.

Hedge Funds Weigh In On Allstate

Several hedge funds and other institutional investors have recently modified their holdings of ALL. MV Capital Management Inc. acquired a new position in shares of Allstate in the 4th quarter valued at about $25,000. Dorato Capital Management acquired a new position in shares of Allstate in the 4th quarter valued at about $27,000. Navalign LLC acquired a new position in shares of Allstate in the 4th quarter valued at about $27,000. Evolution Wealth Management Inc. lifted its stake in shares of Allstate by 7,000.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 140 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Allstate in the 1st quarter valued at about $30,000. 76.47% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Allstate

In other Allstate news, COO Mario Rizzo sold 18,578 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $218.80, for a total value of $4,064,866.40. Following the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at approximately $17,991,267.60. This trade represents a 18.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Q. Prindiville sold 1,550 shares of Allstate stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.27, for a total value of $335,218.50. Following the completion of the transaction, the insider directly owned 27,558 shares in the company, valued at $5,959,968.66. This represents a 5.32% 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 company insiders.

Allstate Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, June 1st. Allstate’s dividend payout ratio (DPR) is presently 9.53%.

About Allstate

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.