Research Analysts Offer Predictions for Allstate Q1 Earnings

The Allstate Corporation (NYSE:ALL) – Research analysts at Zacks Research increased their Q1 2026 EPS estimates for Allstate in a note issued to investors on Monday, February 23rd. Zacks Research analyst Team now anticipates that the insurance provider will earn $6.64 per share for the quarter, up from their prior forecast of $6.63. 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 $3.92 EPS, Q3 2026 earnings at $4.88 EPS, Q4 2026 earnings at $7.58 EPS, Q3 2027 earnings at $5.15 EPS and FY2028 earnings at $16.68 EPS.

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

Other equities research analysts have also recently issued research reports about the stock. Roth Mkm upped their price objective on shares of Allstate from $230.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Mizuho upped their price target on Allstate from $255.00 to $281.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. BMO Capital Markets lifted their price objective on Allstate from $235.00 to $244.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. William Blair downgraded Allstate from an “outperform” rating to a “market perform” rating in a report on Thursday, December 18th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $238.00 price target on shares of Allstate in a report on Saturday, February 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $239.29.

Allstate Stock Down 0.2%

NYSE:ALL opened at $209.30 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.43. The firm’s 50-day moving average price is $203.90 and its 200-day moving average price is $204.44. The company has a market capitalization of $54.32 billion, a PE ratio of 5.48, a P/E/G ratio of 0.44 and a beta of 0.23. Allstate has a 1-year low of $176.00 and a 1-year high of $216.75.

Allstate Increases Dividend

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

Insider Buying and Selling at Allstate

In related 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 transaction of $4,114,530.00. Following the transaction, the insider owned 100,646 shares in the company, valued at $21,135,660. This represents a 16.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Allstate

A number of hedge funds have recently added to or reduced their stakes in ALL. Norges Bank purchased a new stake in Allstate during the fourth quarter valued at approximately $531,294,000. GQG Partners LLC grew its position in shares of Allstate by 36.0% during the 4th quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock valued at $1,142,449,000 after acquiring an additional 1,452,993 shares during the period. Franklin Resources Inc. increased its stake in shares of Allstate by 29.2% in the 4th quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider’s stock worth $1,042,321,000 after purchasing an additional 1,131,172 shares in the last quarter. Swedbank AB raised its holdings in Allstate by 2,157.8% in the 3rd quarter. Swedbank AB now owns 861,725 shares of the insurance provider’s stock worth $184,969,000 after purchasing an additional 823,559 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in Allstate by 1,766.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 869,139 shares of the insurance provider’s stock valued at $180,911,000 after purchasing an additional 822,583 shares in the last quarter. 76.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Allstate News

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks Research raised multiple near‑term EPS estimates and keeps a “Strong‑Buy” view, nudging Q1–Q4 and FY2028 forecasts slightly higher — this underpins bullish analyst sentiment and helps justify valuation.
• Positive Sentiment: Zacks added ALL to its Zacks Rank #1 (Strong Buy) growth list, which could attract momentum-oriented and quantitative funds. Article Title
• Positive Sentiment: Allstate has filed RICO lawsuits targeting alleged no‑fault DME fraud — if successful, recoveries and deterrence could reduce future claim leakage and improve underwriting results. Article Title
• Positive Sentiment: Product expansion: Allstate rolled out year‑round identity protection and new tax‑refund protection tools, which could drive cross‑sell revenue and sticky subscription-like income. Article Title
• Neutral Sentiment: Options market activity shows increased positioning/volatility expectations around ALL — this signals traders expect a near‑term move but not its direction. Article Title
• Negative Sentiment: Regulatory/legal risk: Allstate was hit with a suit alleging a “deceptive” website cookie banner — potential consumer‑privacy litigation could create reputational and legal costs if it broadens. Article Title
• Negative Sentiment: Claims pressure in Canada: Allstate Canada reported a ~94% surge in external water claims for 2025 — accelerating claim frequency/severity in that line could weigh on combined ratios and near‑term results. Article Title

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.