The Allstate Corporation (NYSE:ALL) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Allstate, with 22 brokerages issuing an average 12-month price target of $256.70. Ratings include six buys, three strong buys, twelve holds and one sell.
• Allstate’s latest quarterly results exceeded expectations, with EPS of $8.99 versus the $6.06 consensus and revenue of $15.43 billion, up 11.8% year over year. Improved underwriting, higher investment income and lower catastrophe losses supported profitability.
• The company announced a quarterly dividend of $1.08, equivalent to $4.32 annually and a 1.6% yield, while signaling that its $4 billion share-repurchase authorization is nearing completion and highlighting approximately $9.5 billion in holding-company capital.

Shares of The Allstate Corporation (NYSE:ALL - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty-two brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, six have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $256.70.

A number of analysts have recently commented on ALL shares. Evercore set a $240.00 price objective on Allstate in a research note on Friday, July 10th. UBS Group cut Allstate from a "buy" rating to a "neutral" rating and raised their target price for the company from $255.00 to $261.00 in a research note on Wednesday, July 15th. Weiss Ratings reaffirmed a "buy (a-)" rating on shares of Allstate in a report on Thursday, June 18th. Keefe, Bruyette & Woods boosted their price target on shares of Allstate from $242.00 to $255.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 8th. Finally, Morgan Stanley upped their price target on shares of Allstate from $215.00 to $240.00 and gave the company an "equal weight" rating in a report on Monday, July 6th.

Insider Activity at Allstate

In other Allstate news, insider Mark Q. Prindiville sold 1,550 shares of Allstate stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $216.27, for a total value of $335,218.50. Following the transaction, the insider owned 27,558 shares in the company, valued at approximately $5,959,968.66. The trade was a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Andrea Redmond sold 2,225 shares of the company'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 completion of the transaction, the director directly owned 2,225 shares in the company, 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. 1.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Allstate

Hedge funds have recently modified their holdings of the stock. MV Capital Management Inc. purchased a new stake in shares of Allstate during the fourth quarter valued at $25,000. Navalign LLC purchased a new position in Allstate in the 4th quarter worth about $27,000. Kelleher Financial Advisors acquired a new stake in Allstate during the 2nd quarter worth about $28,000. Evolution Wealth Management Inc. raised its holdings in Allstate by 7,000.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider's stock worth $29,000 after buying an additional 140 shares during the period. Finally, Allied Private Wealth LLC purchased a new stake in Allstate during the second quarter valued at about $29,000. 76.47% of the stock is currently owned by institutional investors and hedge funds.

Allstate Price Performance

NYSE ALL opened at $275.01 on Friday. Allstate has a 12 month low of $188.08 and a 12 month high of $277.22. The firm has a market capitalization of $70.79 billion, a PE ratio of 5.49, a P/E/G ratio of 0.45 and a beta of 0.16. The company's 50 day simple moving average is $240.31 and its 200 day simple moving average is $220.12. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.36.

Allstate (NYSE:ALL - Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping analysts' consensus estimates of $6.06 by $2.93. The firm had revenue of $15.43 billion during the quarter, compared to the consensus estimate of $15.46 billion. Allstate had a return on equity of 43.06% and a net margin of 18.97%.The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.94 earnings per share. As a group, equities research analysts forecast that Allstate will post 30.74 EPS for the current fiscal year.

Allstate Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, August 31st. Allstate's payout ratio is presently 9.53%.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate reported second-quarter 2026 earnings of $8.99 per share, well above analyst estimates ranging from $5.76 to $6.06 and up from $5.94 a year earlier. Revenue rose 11.8% year over year to $15.43 billion. Higher investment income, improved underwriting results and lower catastrophe losses drove the substantial profit growth. Allstate Q2 Earnings Beat Estimates on Higher Investment Income
• Positive Sentiment: The earnings outperformance, strong return on equity and improved margins reinforce the case that Allstate’s underwriting turnaround is gaining traction. The results also exceeded the company’s prior-year performance despite revenue coming in slightly below consensus. Allstate Reports Excellent Operating Results
• Positive Sentiment: Allstate signaled that its $4 billion share-repurchase authorization is nearing completion and highlighted approximately $9.5 billion of holding-company capital. The capital position could provide flexibility for additional buybacks, investment in growth initiatives and other shareholder returns, although future actions were not explicitly committed. Allstate Signals Completion of $4B Buyback Authorization
• Neutral Sentiment: Allstate is accelerating its push to work with independent agents. The strategy may broaden distribution and support premium growth, but the fading hard-market pricing environment could make growth and margins more difficult to sustain. Allstate's Independent Agent Push Gathers Pace as Hard Market Pricing Fades
• Negative Sentiment: A lawsuit alleges Allstate identified the wrong driver as being at fault in an accident. The claim is an isolated legal risk at this stage, with no reported financial impact, but adverse litigation outcomes could create costs or reputational pressure. Driver Sues Allstate

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.

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