Zacks Research Has Strong Estimate for Allstate Q4 Earnings

The Allstate Corporation (NYSE:ALL) – Analysts at Zacks Research raised their Q4 2027 EPS estimates for shares of Allstate in a research report issued to clients and investors on Monday, February 23rd. Zacks Research analyst Team now forecasts that the insurance provider will post earnings of $7.59 per share for the quarter, up from their prior estimate of $7.58. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share.

Other research analysts also recently issued reports about the stock. Cantor Fitzgerald reissued a “neutral” rating and set a $220.00 price objective on shares of Allstate in a research report on Thursday, February 5th. Morgan Stanley reiterated an “equal weight” rating and set a $215.00 price target (down from $245.00) on shares of Allstate in a research report on Tuesday, December 16th. Wells Fargo & Company decreased their price target on shares of Allstate from $228.00 to $227.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. Wall Street Zen cut Allstate from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, TD Cowen downgraded Allstate from a “buy” rating to a “hold” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $239.29.

Allstate Trading Up 1.9%

Shares of ALL stock opened at $210.00 on Wednesday. The business has a 50-day moving average of $203.89 and a 200 day moving average of $204.40. Allstate has a 1-year low of $176.00 and a 1-year high of $216.75. 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 stock has a market capitalization of $54.50 billion, a PE ratio of 5.50, a P/E/G ratio of 0.43 and a beta of 0.23.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in Allstate by 60.2% during the fourth quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider’s stock worth $1,253,000 after buying an additional 2,443 shares during the period. Revolve Wealth Partners LLC purchased a new position in Allstate in the fourth quarter valued at about $231,000. Focus Partners Advisor Solutions LLC grew its stake in Allstate by 28.5% in the second quarter. Focus Partners Advisor Solutions LLC now owns 5,251 shares of the insurance provider’s stock valued at $1,055,000 after purchasing an additional 1,165 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in Allstate by 10.6% in the second quarter. Resonant Capital Advisors LLC now owns 2,146 shares of the insurance provider’s stock worth $434,000 after purchasing an additional 205 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Allstate by 3.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 257,473 shares of the insurance provider’s stock valued at $51,832,000 after buying an additional 9,544 shares in the last quarter. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Insider Activity

In other Allstate news, insider Suren Gupta sold 19,593 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 100,646 shares in the company, valued at $21,135,660. This represents a 16.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Allstate Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a $1.08 dividend. The ex-dividend date 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 (DPR) is currently 10.47%.

Key Allstate News

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.