Equities Analysts Set Expectations for Allstate Q1 Earnings

The Allstate Corporation (NYSE:ALL) – Investment analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for Allstate in a research note issued on Wednesday, February 18th. Zacks Research analyst Team now anticipates that the insurance provider will earn $6.63 per share for the quarter, up from their previous estimate of $6.54. Zacks Research has a “Strong-Buy” 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 Q2 2026 earnings at $3.91 EPS, Q3 2026 earnings at $4.87 EPS, FY2026 earnings at $22.99 EPS, Q1 2027 earnings at $6.56 EPS and Q2 2027 earnings at $5.11 EPS.

A number of other equities analysts also recently weighed in on ALL. JPMorgan Chase & Co. increased their price target on shares of Allstate from $260.00 to $263.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. TD Cowen lowered Allstate from a “buy” rating to a “hold” rating in a research report on Monday, January 12th. Keefe, Bruyette & Woods boosted their price target on Allstate from $254.00 to $260.00 and gave the company an “outperform” rating in a research report on Tuesday, February 10th. BMO Capital Markets upped their price target on Allstate from $235.00 to $244.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Wells Fargo & Company reduced their price objective on Allstate from $228.00 to $227.00 and set an “equal weight” rating on the stock in a research note on Friday, February 20th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Allstate presently has a consensus rating of “Moderate Buy” and an average price target of $239.29.

Allstate Trading Up 1.9%

Shares of ALL stock opened at $210.00 on Monday. The firm’s 50-day simple moving average is $203.89 and its 200-day simple moving average is $204.40. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.43. Allstate has a 1-year low of $176.00 and a 1-year high of $216.75. The firm has a market cap of $54.50 billion, a P/E ratio of 5.50, a PEG ratio of 0.43 and a beta of 0.23.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its position in Allstate by 60.2% in the 4th quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider’s stock valued at $1,253,000 after buying an additional 2,443 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in Allstate in the fourth quarter valued at about $231,000. D.A. Davidson & CO. grew its stake in Allstate by 6.4% during the 2nd quarter. D.A. Davidson & CO. now owns 11,191 shares of the insurance provider’s stock valued at $2,253,000 after purchasing an additional 678 shares in the last quarter. AlTi Global Inc. increased its holdings in Allstate by 106.3% during the 2nd quarter. AlTi Global Inc. now owns 2,238 shares of the insurance provider’s stock worth $451,000 after purchasing an additional 1,153 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Allstate by 0.9% in the 2nd quarter. Asset Management One Co. Ltd. now owns 116,780 shares of the insurance provider’s stock valued at $23,509,000 after purchasing an additional 1,017 shares in the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Allstate news, insider Suren Gupta sold 19,593 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $210.00, for a total value of $4,114,530.00. Following the completion of the sale, the insider owned 100,646 shares of the company’s stock, valued at $21,135,660. This trade represents a 16.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is currently owned by corporate insiders.

Allstate Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a dividend of $1.08 per share. This is a boost from Allstate’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $4.32 annualized dividend and a yield of 2.1%. Allstate’s dividend payout ratio is presently 10.47%.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks Research raised near-term EPS estimates and keeps a “Strong-Buy” rating for ALL, and Allstate was added to Zacks’ Rank #1 growth list — signals of stronger-than-expected earnings momentum that support upside expectations. Read More.
• Positive Sentiment: Allstate expanded its identity‑protection products and introduced new tax‑refund protection tools, a revenue/retention play that addresses rising identity‑theft trends and may broaden fee-based income. Read More.
• Positive Sentiment: Allstate has been pursuing legal actions to combat alleged no‑fault DME fraud (RICO suits), which could reduce future claims leakage if recoveries are successful. Read More.
• Neutral Sentiment: Options market activity shows unusual positioning around ALL, suggesting traders are pricing in near‑term volatility or an earnings/catalyst move — useful for short‑term sentiment but not a fundamental change. Read More.
• Neutral Sentiment: Wells Fargo cut its price target on ALL to $227 — a modest downgrade in target but still implies upside from current levels, so mixed for sentiment. Read More.
• Neutral Sentiment: Management investor access: Allstate will present at the Raymond James institutional conference on March 2 — provides a near‑term forum for updates that could influence guidance or investor perception. Read More.
• Negative Sentiment: Allstate Canada reported a ~94% surge in external water/flood claims in 2025, indicating rising loss frequency from external flooding that could pressure underwriting results in the region and increase reserve/cost assumptions. Read More.
• Negative Sentiment: Allstate was hit with a lawsuit alleging its website cookie banner is deceptive — potential legal/consumer‑privacy exposure and attendant defense costs or reputational risk, though impact size is currently unclear. Read More.

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.