Zacks Research Forecasts Allstate’s Q1 Earnings (NYSE:ALL)

The Allstate Corporation (NYSE:ALL) – Analysts at Zacks Research dropped their Q1 2027 EPS estimates for shares of Allstate in a research report issued on Friday, November 21st. Zacks Research analyst Team now forecasts that the insurance provider will earn $6.53 per share for the quarter, down from their prior estimate of $6.54. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Zacks Research also issued estimates for Allstate’s Q2 2027 earnings at $4.82 EPS.

Allstate (NYSE:ALL) last announced its quarterly earnings results on Wednesday, November 5th. The insurance provider reported $11.17 EPS for the quarter, beating the consensus estimate of $5.48 by $5.69. The firm had revenue of $17.26 billion during the quarter, compared to the consensus estimate of $16.59 billion. Allstate had a net margin of 8.79% and a return on equity of 28.74%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $3.91 EPS.

Several other research firms have also recently weighed in on ALL. Morgan Stanley raised their price target on Allstate from $235.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Cantor Fitzgerald upgraded shares of Allstate to a “hold” rating in a research report on Wednesday, August 13th. Wells Fargo & Company raised their target price on shares of Allstate from $202.00 to $216.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Wall Street Zen lowered shares of Allstate from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, BMO Capital Markets increased their price target on shares of Allstate from $235.00 to $244.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $237.64.

Allstate Trading Up 1.2%

Shares of ALL stock opened at $214.28 on Monday. The company has a market capitalization of $56.07 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 0.69 and a beta of 0.35. Allstate has a 52-week low of $176.00 and a 52-week high of $215.89. The business’s fifty day moving average is $203.39 and its 200 day moving average is $202.05. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.43 and a current ratio of 0.43.

Institutional Trading of Allstate

Several institutional investors have recently added to or reduced their stakes in ALL. Guerra Pan Advisors LLC increased its holdings in shares of Allstate by 1.5% in the second quarter. Guerra Pan Advisors LLC now owns 3,426 shares of the insurance provider’s stock worth $690,000 after buying an additional 49 shares during the period. South Plains Financial Inc. grew its position in Allstate by 41.5% during the 3rd quarter. South Plains Financial Inc. now owns 167 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 49 shares during the last quarter. Humankind Investments LLC grew its position in Allstate by 4.5% during the 3rd quarter. Humankind Investments LLC now owns 1,191 shares of the insurance provider’s stock worth $256,000 after acquiring an additional 51 shares during the last quarter. Focus Financial Network Inc. increased its stake in Allstate by 1.1% in the 3rd quarter. Focus Financial Network Inc. now owns 4,693 shares of the insurance provider’s stock worth $1,012,000 after purchasing an additional 52 shares during the period. Finally, Parkside Financial Bank & Trust lifted its position in Allstate by 4.7% in the second quarter. Parkside Financial Bank & Trust now owns 1,189 shares of the insurance provider’s stock valued at $239,000 after purchasing an additional 53 shares during the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Allstate

In other news, insider Suren Gupta sold 400 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $215.22, for a total value of $86,088.00. Following the completion of the sale, the insider owned 100,646 shares of the company’s stock, valued at approximately $21,661,032.12. This represents a 0.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.70% of the company’s stock.

Allstate Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 1st will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. Allstate’s dividend payout ratio (DPR) is 12.95%.

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.