Equities Analysts Set Expectations for Allstate Q1 Earnings

The Allstate Corporation (NYSE:ALL) – Analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of Allstate in a research note issued to investors on Monday, February 23rd. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $6.64 for the quarter, up from their prior estimate 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.

A number of other research analysts have also weighed in on ALL. TD Cowen lowered Allstate from a “buy” rating to a “hold” rating in a research note on Monday, January 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $238.00 target price on shares of Allstate in a research report on Saturday, February 7th. Wall Street Zen lowered Allstate from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Roth Mkm raised their price objective on Allstate from $230.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, Evercore set a $225.00 target price on Allstate in a report on Wednesday, January 7th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.29.

Allstate Stock Performance

Shares of ALL opened at $210.00 on Tuesday. Allstate has a 1 year low of $176.00 and a 1 year high of $216.75. The company’s 50 day simple moving average is $203.89 and its 200 day simple moving average is $204.40. The company has a market capitalization of $54.50 billion, a price-to-earnings ratio of 5.50, a PEG ratio of 0.43 and a beta of 0.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.43 and a current ratio of 0.37.

Allstate (NYSE:ALL) last released its quarterly 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 company had revenue of $17.35 billion for the quarter, compared to analysts’ expectations of $17.23 billion. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $7.67 EPS.

Allstate Increases Dividend

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

Insider Activity

In related news, insider Suren Gupta sold 19,593 shares of Allstate stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $210.00, for a total value of $4,114,530.00. Following the completion of the sale, the insider owned 100,646 shares in the company, valued at approximately $21,135,660. The trade was a 16.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ALL. Norges Bank acquired a new stake in Allstate in the fourth quarter worth about $531,294,000. GQG Partners LLC boosted its holdings in shares of Allstate by 36.0% in the fourth 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 in the last quarter. Franklin Resources Inc. increased its stake in shares of Allstate by 29.2% during the fourth quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider’s stock valued at $1,042,321,000 after acquiring an additional 1,131,172 shares during the period. Swedbank AB increased its stake in shares of Allstate by 2,157.8% during the third quarter. Swedbank AB now owns 861,725 shares of the insurance provider’s stock valued at $184,969,000 after acquiring an additional 823,559 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its holdings 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 worth $180,911,000 after purchasing an additional 822,583 shares in the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.

Allstate News Summary

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Zacks Research raised near-term EPS estimates and keeps a “Strong-Buy” rating for ALL, and Allstate was added to Zacks’ Rank #1 growth list — signals of stronger-than-expected earnings momentum that support upside expectations. Read More.
• Positive Sentiment: Allstate expanded its identity‑protection products and introduced new tax‑refund protection tools, a revenue/retention play that addresses rising identity‑theft trends and may broaden fee-based income. Read More.
• Positive Sentiment: Allstate has been pursuing legal actions to combat alleged no‑fault DME fraud (RICO suits), which could reduce future claims leakage if recoveries are successful. Read More.
• Neutral Sentiment: Options market activity shows unusual positioning around ALL, suggesting traders are pricing in near‑term volatility or an earnings/catalyst move — useful for short‑term sentiment but not a fundamental change. Read More.
• Neutral Sentiment: Wells Fargo cut its price target on ALL to $227 — a modest downgrade in target but still implies upside from current levels, so mixed for sentiment. Read More.
• Neutral Sentiment: Management investor access: Allstate will present at the Raymond James institutional conference on March 2 — provides a near‑term forum for updates that could influence guidance or investor perception. Read More.
• Negative Sentiment: Allstate Canada reported a ~94% surge in external water/flood claims in 2025, indicating rising loss frequency from external flooding that could pressure underwriting results in the region and increase reserve/cost assumptions. Read More.
• Negative Sentiment: Allstate was hit with a lawsuit alleging its website cookie banner is deceptive — potential legal/consumer‑privacy exposure and attendant defense costs or reputational risk, though impact size is currently unclear. Read More.

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.