Zacks Research Decreases Earnings Estimates for Allstate

The Allstate Corporation (NYSE:ALL) – Investment analysts at Zacks Research cut their FY2025 earnings estimates for shares of Allstate in a research report issued on Monday, December 22nd. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $27.58 per share for the year, down from their prior forecast of $27.64. 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 Q1 2026 earnings at $6.54 EPS, Q2 2026 earnings at $3.47 EPS, Q3 2026 earnings at $4.86 EPS, FY2026 earnings at $22.08 EPS, Q2 2027 earnings at $4.81 EPS and FY2027 earnings at $24.38 EPS.

Several other research firms have also recently commented on ALL. Roth Capital increased their target price on Allstate from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Wolfe Research upgraded shares of Allstate to a “strong-buy” rating in a research note on Tuesday, September 16th. Morgan Stanley reissued an “equal weight” rating and set a $215.00 price objective (down from $245.00) on shares of Allstate in a report on Tuesday, December 16th. Weiss Ratings restated a “buy (b)” rating on shares of Allstate in a research note on Wednesday, October 8th. Finally, William Blair downgraded Allstate from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 18th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $236.93.

Allstate Price Performance

Shares of NYSE ALL opened at $208.96 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.32. Allstate has a fifty-two week low of $176.00 and a fifty-two week high of $215.89. The business has a 50 day moving average price of $204.02 and a two-hundred day moving average price of $202.47. The firm has a market cap of $54.68 billion, a PE ratio of 6.76, a price-to-earnings-growth ratio of 0.38 and a beta of 0.25.

Allstate (NYSE:ALL) last announced its earnings results on Wednesday, November 5th. The insurance provider reported $11.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $5.69. Allstate had a return on equity of 35.42% and a net margin of 12.53%.The business had revenue of $17.26 billion for the quarter, compared to analyst estimates of $16.59 billion. During the same period in the previous year, the company earned $3.91 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year.

Hedge Funds Weigh In On Allstate

Institutional investors have recently made changes to their positions in the stock. Arlington Trust Co LLC lifted its position in Allstate by 261.8% in the second quarter. Arlington Trust Co LLC now owns 123 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 89 shares during the period. Harbor Capital Advisors Inc. raised its stake in shares of Allstate by 79.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 124 shares of the insurance provider’s stock worth $27,000 after buying an additional 55 shares in the last quarter. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Allstate by 112.3% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 138 shares of the insurance provider’s stock valued at $30,000 after buying an additional 73 shares during the period. Palisade Asset Management LLC acquired a new stake in shares of Allstate in the third quarter valued at $31,000. Finally, Clearstead Trust LLC boosted its stake in Allstate by 3,800.0% during the second quarter. Clearstead Trust LLC now owns 156 shares of the insurance provider’s stock valued at $31,000 after buying an additional 152 shares in the last quarter. 76.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Allstate

In related news, insider Suren Gupta sold 3,786 shares of the stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $215.13, for a total transaction of $814,482.18. Following the sale, the insider owned 100,646 shares in the company, valued at $21,651,973.98. This represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders have sold 28,807 shares of company stock worth $6,198,726. 1.70% of the stock is owned by corporate insiders.

Allstate Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 1st will be issued a $1.00 dividend. 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 payout ratio is 12.95%.

Key Stores Impacting Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate announced an 8.8% homeowner-rate increase in Illinois, which should boost premium revenue and underwriting margins in a state where pricing has lagged; this follows similar lifts from peers and reduces near‑term loss from underwriting. Illinois Homeowners Brace for Insurance Rate Increase as Allstate Announces 8.8% Hike
• Positive Sentiment: Local reporting confirms Allstate is raising homeowner insurance rates in Illinois (same development as above), reinforcing near‑term premium upside and potential improvement to combined ratio. Allstate raising home insurance rates in Illinois
• Positive Sentiment: Brokerages’ consensus remains constructive: an AmericanBankingNews summary shows analysts give Allstate an average recommendation of “Moderate Buy,” which supports investor sentiment around the company’s earnings power and capital return potential. The Allstate Corporation (NYSE:ALL) Given Average Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Zacks published a Q4 earnings forecast for Allstate (coverage note), but the headline is a forecast rather than new company performance; it provides context for near‑term expectations but didn’t materially move the market by itself. Zacks Research Forecasts Allstate’s Q4 Earnings (NYSE:ALL)
• Neutral Sentiment: Allstate’s sponsorship/branding activity continues (Irma Thomas to sing the national anthem at the 2026 Allstate Sugar Bowl). Brand events are positive for visibility but unlikely to move near‑term earnings. Irma Thomas to sing national anthem at 2026 Allstate Sugar Bowl
• Negative Sentiment: Analyst revisions from Zacks trimmed multiple near‑term and longer‑term EPS estimates (small downgrades across Q1–Q3 2026, FY2026–FY2027), and Zacks maintains a “Hold” rating — these cuts signal modestly lowered expectations and are likely the main driver of downward pressure on the stock today.

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.