Roth Capital Issues Positive Forecast for Allstate Earnings

The Allstate Co. (NYSE:ALL) – Analysts at Roth Capital raised their FY2025 earnings per share (EPS) estimates for shares of Allstate in a research note issued on Thursday, May 1st. Roth Capital analyst H. Fong now expects that the insurance provider will post earnings per share of $18.00 for the year, up from their previous forecast of $17.55. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Roth Capital also issued estimates for Allstate’s Q1 2026 earnings at $6.73 EPS, Q3 2026 earnings at $4.88 EPS and Q4 2026 earnings at $7.12 EPS.

Other research analysts have also recently issued research reports about the company. Argus raised Allstate from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Barclays reduced their target price on Allstate from $183.00 to $172.00 and set an “underweight” rating on the stock in a research note on Friday, April 11th. JPMorgan Chase & Co. upped their price target on shares of Allstate from $217.00 to $222.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. StockNews.com upgraded shares of Allstate from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Evercore ISI upped their target price on shares of Allstate from $227.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $221.60.

Allstate Price Performance

Allstate stock opened at $199.15 on Friday. The firm has a market capitalization of $52.80 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 1.01 and a beta of 0.32. Allstate has a 12-month low of $156.66 and a 12-month high of $212.91. The firm has a 50-day moving average price of $198.49 and a 200-day moving average price of $194.88. The company has a current ratio of 0.36, a quick ratio of 0.40 and a debt-to-equity ratio of 0.42.

Allstate (NYSE:ALL) last issued its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.98 by ($0.45). Allstate had a return on equity of 28.20% and a net margin of 7.28%. The company had revenue of $14.30 billion during the quarter, compared to the consensus estimate of $16.41 billion. During the same quarter in the prior year, the business earned $5.13 earnings per share. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year.

Allstate Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from Allstate’s previous quarterly dividend of $0.92. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.01%. Allstate’s dividend payout ratio is presently 27.32%.

Allstate declared that its Board of Directors has initiated a stock buyback program on Wednesday, February 26th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the insurance provider to reacquire up to 3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Allstate

In related news, CFO Jesse E. Merten sold 40,102 shares of Allstate stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $186.53, for a total value of $7,480,226.06. Following the completion of the sale, the chief financial officer now directly owns 18,115 shares in the company, valued at $3,378,990.95. This trade represents a 68.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ALL. Virtu Financial LLC grew its stake in Allstate by 104.2% during the 3rd quarter. Virtu Financial LLC now owns 5,728 shares of the insurance provider’s stock valued at $1,086,000 after purchasing an additional 2,923 shares during the last quarter. Stock Yards Bank & Trust Co. boosted its position in Allstate by 5.3% in the third quarter. Stock Yards Bank & Trust Co. now owns 5,776 shares of the insurance provider’s stock valued at $1,095,000 after buying an additional 292 shares during the last quarter. World Investment Advisors LLC increased its holdings in Allstate by 534.3% in the 3rd quarter. World Investment Advisors LLC now owns 33,530 shares of the insurance provider’s stock worth $6,359,000 after buying an additional 28,244 shares during the period. Wilmington Savings Fund Society FSB raised its position in Allstate by 457.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,249 shares of the insurance provider’s stock worth $1,754,000 after buying an additional 7,590 shares during the last quarter. Finally, Tidal Investments LLC lifted its stake in Allstate by 28.2% during the 3rd quarter. Tidal Investments LLC now owns 40,759 shares of the insurance provider’s stock valued at $7,730,000 after acquiring an additional 8,977 shares during the period. Hedge funds and other institutional investors own 76.47% of the company’s stock.

About Allstate

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.