Allstate FY2026 EPS Estimate Boosted by DOWLING & PARTN

The Allstate Corporation (NYSE:ALL) – Equities research analysts at DOWLING & PARTN boosted their FY2026 earnings estimates for shares of Allstate in a research note issued on Thursday, June 18th. DOWLING & PARTN analyst D. Lukpanov now forecasts that the insurance provider will post earnings per share of $30.50 for the year, up from their prior forecast of $28.00. The consensus estimate for Allstate’s current full-year earnings is $29.55 per share.

A number of other research analysts have also commented on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $231.00 price target on shares of Allstate in a research report on Thursday, March 5th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Allstate in a research report on Thursday, June 18th. Wells Fargo & Company boosted their target price on Allstate from $229.00 to $243.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Piper Sandler restated an “overweight” rating on shares of Allstate in a report on Thursday, May 28th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $260.00 price target on shares of Allstate in a research note on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $240.33.

Allstate Stock Performance

Allstate stock opened at $232.33 on Wednesday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25. The firm has a market cap of $59.81 billion, a P/E ratio of 5.13, a P/E/G ratio of 0.40 and a beta of 0.18. Allstate has a 1-year low of $188.08 and a 1-year high of $232.39. The firm has a 50-day moving average of $216.53 and a 200-day moving average of $209.49.

Allstate (NYSE:ALL) last issued its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, beating the consensus estimate of $7.31 by $3.34. The firm had revenue of $16.94 billion during the quarter, compared to the consensus estimate of $15.24 billion. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.53 earnings per share.

Allstate Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. Allstate’s dividend payout ratio (DPR) is presently 9.53%.

Insider Activity at Allstate

In related news, insider Mark Q. Prindiville sold 1,550 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the sale, the insider directly owned 27,558 shares of the company’s stock, valued at $5,959,968.66. This represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Redmond sold 2,225 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $202.91, for a total value of $451,474.75. Following the transaction, the director directly owned 2,225 shares of the company’s stock, valued at $451,474.75. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,353 shares of company stock worth $4,851,560 over the last ninety days. 1.55% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. MV Capital Management Inc. purchased a new position in shares of Allstate during the fourth quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of Allstate in the 4th quarter worth approximately $27,000. Dorato Capital Management purchased a new stake in shares of Allstate in the 4th quarter worth approximately $27,000. Evolution Wealth Management Inc. increased its position in Allstate by 7,000.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock valued at $29,000 after buying an additional 140 shares in the last quarter. Finally, Palisade Asset Management LLC bought a new position in Allstate during the 3rd quarter valued at approximately $31,000. 76.47% of the stock is owned by hedge funds and other institutional investors.

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.