Zacks Research Comments on Allstate’s Q2 Earnings (NYSE:ALL)

The Allstate Co. (NYSE:ALL) – Research analysts at Zacks Research lifted their Q2 2026 EPS estimates for shares of Allstate in a note issued to investors on Wednesday, December 18th. Zacks Research analyst Z. Masood now anticipates that the insurance provider will earn $3.47 per share for the quarter, up from their previous forecast of $3.46. The consensus estimate for Allstate’s current full-year earnings is $16.26 per share.

Other research analysts have also issued reports about the stock. Barclays increased their price target on shares of Allstate from $175.00 to $187.00 and gave the stock an “underweight” rating in a research note on Thursday, October 31st. Morgan Stanley lifted their price objective on Allstate from $220.00 to $228.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. boosted their price objective on shares of Allstate from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. BMO Capital Markets raised their price target on shares of Allstate from $205.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Jefferies Financial Group increased their target price on Allstate from $231.00 to $267.00 and gave the company a “buy” rating in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Allstate currently has an average rating of “Moderate Buy” and a consensus price target of $217.19.

Allstate Stock Performance

NYSE:ALL opened at $193.63 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.43. Allstate has a twelve month low of $137.07 and a twelve month high of $209.88. The stock has a market cap of $51.27 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 1.70 and a beta of 0.50. The firm’s fifty day simple moving average is $195.72 and its 200 day simple moving average is $182.51.

Allstate (NYSE:ALL) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $3.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $1.71. The company had revenue of $16.63 billion for the quarter, compared to analysts’ expectations of $14.57 billion. Allstate had a return on equity of 26.67% and a net margin of 6.77%. Allstate’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share.

Hedge Funds Weigh In On Allstate

A number of institutional investors have recently modified their holdings of ALL. FSA Wealth Management LLC acquired a new stake in Allstate in the 3rd quarter valued at $26,000. Northwest Investment Counselors LLC acquired a new stake in Allstate in the 3rd quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Allstate during the third quarter valued at approximately $29,000. MCF Advisors LLC lifted its position in shares of Allstate by 33.9% in the second quarter. MCF Advisors LLC now owns 332 shares of the insurance provider’s stock valued at $53,000 after acquiring an additional 84 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of Allstate in the second quarter worth approximately $58,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Allstate Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 29th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Friday, November 29th. Allstate’s dividend payout ratio (DPR) is currently 23.83%.

Allstate Company Profile

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.