Equities Analysts Set Expectations for Allstate Q4 Earnings

The Allstate Corporation (NYSE:ALL) – Equities research analysts at Zacks Research reduced their Q4 2026 earnings per share (EPS) estimates for shares of Allstate in a report issued on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the insurance provider will earn $7.72 per share for the quarter, down from their prior forecast of $7.89. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $34.50 per share. Zacks Research also issued estimates for Allstate’s Q1 2027 earnings at $7.67 EPS, Q4 2027 earnings at $7.83 EPS, Q1 2028 earnings at $7.14 EPS and Q2 2028 earnings at $5.32 EPS.

ALL has been the topic of a number of other research reports. Evercore set a $240.00 target price on shares of Allstate in a report on Friday, July 10th. Raymond James Financial reissued a “strong-buy” rating and issued a $315.00 price target on shares of Allstate in a report on Tuesday, August 11th. UBS Group boosted their price objective on Allstate from $261.00 to $275.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Atlantic Securities set a $319.00 price objective on Allstate in a research note on Wednesday, July 15th. Finally, Weiss Ratings raised Allstate from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $265.53.

Allstate Price Performance

Shares of ALL opened at $260.24 on Thursday. The firm has a market cap of $65.80 billion, a price-to-earnings ratio of 5.20, a PEG ratio of 0.40 and a beta of 0.16. The stock has a 50 day moving average of $249.00 and a 200-day moving average of $224.35. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.24. Allstate has a 52 week low of $188.08 and a 52 week high of $277.22.

Allstate (NYSE:ALL) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. The firm had revenue of $15.43 billion during the quarter, compared to the consensus estimate of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.Allstate’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.94 earnings per share.

Allstate Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.32 annualized dividend and a yield of 1.7%. Allstate’s dividend payout ratio is currently 8.63%.

Insider Buying and Selling at Allstate

In other Allstate news, insider John E. Dugenske sold 32,996 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $269.33, for a total value of $8,886,812.68. Following the completion of the transaction, the insider directly owned 13,054 shares in the company, valued at $3,515,833.82. This trade represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Mario Rizzo sold 56,225 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the completion of the transaction, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at $21,747,396.96. This represents a 40.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 92,996 shares of company stock valued at $24,543,894. 1.55% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Allstate

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALL. MV Capital Management Inc. purchased a new stake in shares of Allstate during the fourth quarter worth $25,000. Gables Capital Management Inc. purchased a new position in Allstate in the second quarter valued at about $26,000. Navalign LLC purchased a new position in Allstate in the fourth quarter valued at about $27,000. Kelleher Financial Advisors acquired a new position in Allstate in the 2nd quarter worth about $28,000. Finally, Evolution Wealth Management Inc. raised its stake in shares of Allstate by 7,000.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 76.47% of the company’s stock.

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.