Allstate (NYSE:ALL) Posts Quarterly Earnings Results

Allstate (NYSE:ALL) issued its earnings results on Wednesday. The insurance provider reported $9.76 EPS for the quarter, beating the consensus estimate of $6.89 by $2.87, FiscalAI reports. The company had revenue of $17.35 billion during the quarter, compared to analysts’ expectations of $15.87 billion. Allstate had a net margin of 18.97% and a return on equity of 41.64%.

Allstate Trading Up 3.0%

Shares of NYSE ALL traded up $7.89 during midday trading on Wednesday, reaching $269.39. 2,012,266 shares of the stock were exchanged, compared to its average volume of 1,746,618. Allstate has a 12 month low of $191.13 and a 12 month high of $277.22. The company has a market capitalization of $68.12 billion, a price-to-earnings ratio of 5.38, a P/E/G ratio of 0.58 and a beta of 0.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick ratio of 0.36. The business has a 50-day simple moving average of $245.85 and a two-hundred day simple moving average of $229.15.

Key Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate reported third-quarter EPS of $9.76, above the $6.89 consensus estimate cited in the earnings data. The company also reported $17.35 billion in revenue, versus estimates of $15.87 billion in that data. Allstate Reports Excellent Q3 2026 Results
• Positive Sentiment: Allstate is reportedly adding customers while keeping prices elevated, suggesting its customer base is growing without a retreat from pricing that can support premiums. Allstate is growing policy counts while prices stay elevated
• Neutral Sentiment: Coverage of the quarter was mixed: some reports said adjusted earnings fell and revenue missed or matched expectations. This may temper the headline EPS beat, depending on the measure investors emphasize. Allstate Adjusted Q3 Earnings Fall, Revenue Rises
• Negative Sentiment: A surge in catastrophe losses weighed on quarterly results, a reminder that weather-related claims can pressure underwriting performance. Allstate Q3 2026: EPS Beats by 40% Despite Catastrophe Loss Surge

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ALL shares. Piper Sandler restated an “overweight” rating on shares of Allstate in a research report on Monday, September 28th. Morgan Stanley dropped their price objective on Allstate from $265.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, October 6th. Zacks Research lowered Allstate from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 15th. Roth Capital set a $300.00 target price on Allstate in a report on Thursday, August 6th. Finally, Atlantic Securities set a $319.00 target price on Allstate in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Allstate currently has an average rating of “Hold” and an average target price of $270.19.

Insiders Place Their Bets

In related news, insider John Dugenske sold 32,996 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the sale, the insider owned 13,054 shares of the company’s stock, valued at approximately $3,515,833.82. This trade represents a 71.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Mario Rizzo sold 56,225 shares of Allstate stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total value of $14,870,388.00. Following the transaction, the chief operating officer owned 82,227 shares in the company, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.55% of the stock is owned by corporate insiders.

Allstate Company Profile

Allstate Corp. (NYSE: ALL) is an insurance company that provides protection products and related services primarily in the United States. Its offerings include automobile, homeowners, renters, condominium, motorcycle and other personal property and casualty insurance, distributed through agents, brokers, direct channels and digital platforms.

The company also provides roadside assistance, identity-protection services and protection plans for consumer products. Through its acquisition of National General, Allstate expanded its presence in independent-agent distribution and specialty personal insurance.