Equities Analysts Offer Predictions for Allstate Q4 Earnings

The Allstate Corporation (NYSE:ALL) – Equities researchers at Zacks Research upped their Q4 2027 EPS estimates for shares of Allstate in a note issued to investors on Monday, February 23rd. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $7.59 for the quarter, up from their prior forecast of $7.58. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share.

Other equities research analysts also recently issued reports about the company. Roth Mkm increased their price objective on Allstate from $230.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. William Blair cut shares of Allstate from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 18th. The Goldman Sachs Group restated a “buy” rating and issued a $238.00 target price on shares of Allstate in a report on Saturday, February 7th. Morgan Stanley reaffirmed an “equal weight” rating and set a $215.00 price target (down from $245.00) on shares of Allstate in a research report on Tuesday, December 16th. Finally, Wells Fargo & Company dropped their target price on Allstate from $228.00 to $227.00 and set an “equal weight” rating on the stock in a report on Friday, February 20th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Allstate currently has an average rating of “Moderate Buy” and a consensus target price of $239.29.

Allstate Stock Performance

Shares of Allstate stock opened at $210.00 on Wednesday. Allstate has a 12 month low of $176.00 and a 12 month high of $216.75. The business has a 50-day moving average of $203.89 and a 200 day moving average of $204.40. The stock has a market capitalization of $54.50 billion, a price-to-earnings ratio of 5.50, a price-to-earnings-growth ratio of 0.43 and a beta of 0.23. 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 (NYSE:ALL) last released its earnings results on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share for the quarter, beating the consensus estimate of $8.72 by $5.59. Allstate had a return on equity of 39.20% and a net margin of 15.19%.The business had revenue of $17.35 billion for the quarter, compared to the consensus estimate of $17.23 billion. During the same quarter last year, the business posted $7.67 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year.

Hedge Funds Weigh In On Allstate

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Allstate by 1.3% in the second quarter. Vanguard Group Inc. now owns 33,235,231 shares of the insurance provider’s stock valued at $6,690,584,000 after acquiring an additional 435,145 shares during the period. State Street Corp increased its position in Allstate by 3.7% during the fourth quarter. State Street Corp now owns 12,297,551 shares of the insurance provider’s stock worth $2,571,600,000 after buying an additional 438,034 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Allstate by 1.2% in the second quarter. Geode Capital Management LLC now owns 6,714,629 shares of the insurance provider’s stock valued at $1,345,961,000 after acquiring an additional 79,366 shares in the last quarter. GQG Partners LLC grew its stake in Allstate by 36.0% during the fourth quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock worth $1,142,449,000 after buying an additional 1,452,993 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Allstate by 29.2% in the fourth quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider’s stock valued at $1,042,321,000 after acquiring an additional 1,131,172 shares during the last quarter. 76.47% of the stock is currently owned by institutional investors.

Insider Transactions at Allstate

In other Allstate news, insider Suren Gupta sold 19,593 shares of Allstate 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 directly owned 100,646 shares in the company, valued at $21,135,660. The trade was a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is owned by company insiders.

Allstate Increases Dividend

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

Trending Headlines about Allstate

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.

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.