Allstate (NYSE:ALL) Earns “Neutral” Rating from Cantor Fitzgerald

Allstate (NYSE:ALLGet Free Report)‘s stock had its “neutral” rating reissued by equities researchers at Cantor Fitzgerald in a report issued on Thursday,Benzinga reports. They currently have a $220.00 target price on the insurance provider’s stock. Cantor Fitzgerald’s target price would indicate a potential upside of 6.00% from the stock’s previous close.

A number of other equities research analysts have also issued reports on ALL. UBS Group upped their price target on Allstate from $250.00 to $255.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Zacks Research cut Allstate from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 19th. Evercore set a $225.00 price objective on shares of Allstate in a report on Wednesday, January 7th. Wells Fargo & Company upped their target price on shares of Allstate from $216.00 to $223.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Finally, William Blair downgraded Allstate from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 18th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.50.

Get Our Latest Stock Analysis on Allstate

Allstate Stock Performance

ALL opened at $207.54 on Thursday. The firm’s 50-day moving average price is $203.88 and its 200-day moving average price is $203.79. The company has a market cap of $54.31 billion, a P/E ratio of 5.43, a price-to-earnings-growth ratio of 0.46 and a beta of 0.23. The company has a quick ratio of 0.43, a current ratio of 0.37 and a debt-to-equity ratio of 0.26. Allstate has a 52-week low of $176.00 and a 52-week high of $216.75.

Allstate (NYSE:ALLGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.72 by $5.59. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The company had revenue of $14.57 billion during the quarter, compared to analyst estimates of $17.23 billion. During the same period last year, the firm posted $7.67 EPS. Allstate’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, equities analysts anticipate that Allstate will post 18.74 EPS for the current fiscal year.

Insider Buying and Selling

In other Allstate news, insider Suren Gupta sold 21,871 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $215.21, for a total transaction of $4,706,857.91. Following the completion of the sale, the insider owned 100,646 shares in the company, valued at $21,660,025.66. This trade represents a 17.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 48,400 shares of company stock valued at $10,313,256. Insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. raised its stake in shares of Allstate by 79.7% during the third quarter. Harbor Capital Advisors Inc. now owns 124 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 55 shares in the last quarter. Dorato Capital Management acquired a new position in shares of Allstate in the 4th quarter valued at $27,000. Navalign LLC acquired a new position in shares of Allstate in the fourth quarter worth about $27,000. Barnes Dennig Private Wealth Management LLC grew its position in Allstate by 112.3% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 138 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Clearstead Trust LLC grew its stake in Allstate by 3,800.0% during the 2nd quarter. Clearstead Trust LLC now owns 156 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 152 shares in the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.

Key Allstate News

Here are the key news stories impacting Allstate this week:

  • Positive Sentiment: Allstate reported a big Q4 profit beat driven by property‑liability strength, lower catastrophe losses and higher earned premiums — EPS surged year‑over‑year, supporting confidence in earnings power. Allstate Q4 Earnings Beat
  • Positive Sentiment: Management announced a $4B share buyback program and an 8% quarterly dividend hike — both are shareholder-friendly actions that boost returns and can support the stock over time. Buyback & Dividend Article
  • Positive Sentiment: Analysts at JPMorgan raised their price target and kept an overweight view, implying meaningful upside; other shops (Wells Fargo) also lifted targets — these upgrades support the bullish case. Analyst Price Target Raises
  • Neutral Sentiment: CEO highlighted Florida tort‑reform as a blueprint to reduce auto insurance costs — positive for loss ratios over time but more of a policy/industry tailwind than an immediate earnings driver. CEO Tort Reform Article
  • Neutral Sentiment: Cantor Fitzgerald reaffirmed a neutral rating with a $220 target — signals some analysts see limited near‑term upside despite the company’s operational momentum. Cantor Fitzgerald Rating
  • Negative Sentiment: Revenue for the quarter came in below some street estimates, which may have trimmed enthusiasm despite the EPS beat — investors are sensitive to top‑line misses when valuation momentum is high. Revenue & Net Income Article
  • Negative Sentiment: After strong headlines (earnings, buyback, dividend), today’s move looks like short‑term profit‑taking and positioning shifts — market participants may be locking gains while digesting mixed signals. Earnings Call Transcript

Allstate Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Allstate (NYSE:ALL)

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