Zacks Research Has Bullish Forecast for Allstate Q4 Earnings

The Allstate Corporation (NYSE:ALL) – Equities researchers at Zacks Research upped their Q4 2026 earnings per share estimates for shares of Allstate in a research note issued to investors on Wednesday, February 18th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $7.57 per share for the quarter, up from their previous estimate of $7.21. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Zacks Research also issued estimates for Allstate’s Q3 2027 earnings at $5.14 EPS, Q4 2027 earnings at $7.58 EPS and FY2028 earnings at $16.66 EPS.

ALL has been the topic of several other reports. The Goldman Sachs Group reissued a “buy” rating and set a $238.00 price target on shares of Allstate in a research report on Saturday, February 7th. Morgan Stanley reiterated an “equal weight” rating and set a $215.00 target price (down previously from $245.00) on shares of Allstate in a report on Tuesday, December 16th. Cantor Fitzgerald restated a “neutral” rating and issued a $220.00 price target on shares of Allstate in a research note on Thursday, February 5th. Citigroup boosted their price target on Allstate from $216.00 to $221.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, Mizuho increased their price objective on Allstate from $255.00 to $281.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Allstate has an average rating of “Moderate Buy” and a consensus target price of $239.35.

Allstate Stock Down 3.0%

Allstate stock opened at $203.25 on Friday. The company has a market cap of $53.19 billion, a P/E ratio of 5.32, a price-to-earnings-growth ratio of 0.44 and a beta of 0.23. Allstate has a 1-year low of $176.00 and a 1-year high of $216.75. The company has a fifty day simple moving average of $204.00 and a 200 day simple moving average of $204.38. The company has a current ratio of 0.37, a quick ratio of 0.43 and a debt-to-equity ratio of 0.26.

Allstate (NYSE:ALL) last posted its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.72 by $5.59. The company had revenue of $17.35 billion for the quarter, compared to the consensus estimate of $17.23 billion. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $7.67 earnings per share.

Allstate Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be given a $1.08 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Allstate’s previous quarterly dividend of $1.00. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.1%. Allstate’s payout ratio is 10.47%.

Insider Activity at Allstate

In related news, insider Suren Gupta sold 19,593 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $210.00, for a total transaction of $4,114,530.00. Following the transaction, the insider directly owned 100,646 shares of the company’s stock, valued at approximately $21,135,660. The trade was a 16.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 24,729 shares of company stock worth $5,219,282. Insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Allstate

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mcguire Capital Advisors Inc. acquired a new stake in shares of Allstate during the 4th quarter worth about $65,000. Compound Planning Inc. grew its stake in Allstate by 1.6% in the 4th quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock valued at $669,000 after buying an additional 50 shares during the last quarter. Harbour Wealth Management Group Inc. bought a new position in Allstate in the 4th quarter valued at about $532,000. Axxcess Wealth Management LLC lifted its position in Allstate by 381.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 20,166 shares of the insurance provider’s stock worth $4,198,000 after acquiring an additional 15,975 shares during the last quarter. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of Allstate during the fourth quarter worth approximately $52,000. 76.47% of the stock is owned by institutional investors.

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.