California State Teachers Retirement System lifted its stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) by 24,845.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,055,726 shares of the insurance provider’s stock after purchasing an additional 96,666,658 shares during the quarter. California State Teachers Retirement System owned 38.38% of Allstate worth $23,093,439,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Strategic Global Advisors LLC acquired a new stake in shares of Allstate during the second quarter valued at about $11,680,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Allstate during the second quarter worth about $6,861,000. Elevation Point Wealth Partners LLC increased its stake in shares of Allstate by 130.9% in the first quarter. Elevation Point Wealth Partners LLC now owns 19,288 shares of the insurance provider’s stock valued at $4,016,000 after buying an additional 10,936 shares during the period. Bank of America Corp DE raised its holdings in Allstate by 8.1% in the 1st quarter. Bank of America Corp DE now owns 7,913,320 shares of the insurance provider’s stock valued at $1,640,748,000 after buying an additional 596,321 shares during the last quarter. Finally, CIBC Asset Management Inc raised its holdings in Allstate by 69.2% in the 4th quarter. CIBC Asset Management Inc now owns 63,011 shares of the insurance provider’s stock valued at $13,116,000 after buying an additional 25,764 shares during the last quarter. Institutional investors own 76.47% of the company’s stock.
Analyst Ratings Changes A number of research firms have weighed in on ALL. Zacks Research raised shares of Allstate from a “hold” rating to a “strong-buy” rating in a report on Monday, August 17th. Cantor Fitzgerald raised their price target on shares of Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Barclays boosted their price objective on shares of Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Weiss Ratings downgraded Allstate from a “buy (a)” rating to a “buy (a-)” rating in a report on Tuesday, August 25th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $315.00 target price on shares of Allstate in a research report on Tuesday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $263.90.
Get Our Latest Research Report on ALL Allstate Stock Down 0.1% Shares of NYSE ALL opened at $259.43 on Tuesday. The company has a market capitalization of $65.60 billion, a P/E ratio of 5.18, a price-to-earnings-growth ratio of 0.58 and a beta of 0.15. The Allstate Corporation has a 52-week low of $188.08 and a 52-week high of $277.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36. The company’s 50 day moving average price is $257.28 and its 200-day moving average price is $229.24.
Allstate (NYSE:ALL – Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The business had revenue of $18.60 billion for the quarter, compared to analyst estimates of $15.46 billion. During the same quarter in the previous year, the business earned $5.94 earnings per share. Allstate’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts forecast that The Allstate Corporation will post 35.5 earnings per share for the current year.
Allstate Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, August 31st will be issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 31st. Allstate’s dividend payout ratio is presently 8.63%.
Insider Activity at Allstate In other Allstate news, insider John E. Dugenske sold 32,996 shares of Allstate stock in a transaction on Friday, August 7th. The shares were sold at an average price of $269.33, for a total value of $8,886,812.68. Following the completion of the sale, the insider directly owned 13,054 shares of the company’s stock, valued at approximately $3,515,833.82. The trade was a 71.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Mario Rizzo sold 56,225 shares of Allstate stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the completion of the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. This trade represents a 40.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.55% of the company’s stock.
About Allstate (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.
Further Reading Five stocks we like better than Allstate 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALL – Free Report).
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
Built using insights from more than 100 million property claims, the Property Lab recreates realistic home damage scenarios to help claim adjusters build the expertise needed to guide customers through the repair process
Key Takeaways
The Property Lab was built using insights from more than 100 million property claims, helping recreate many of the damage scenarios customers experience most often. Two full-size, two-story homes with a basement bring real-world property damage scenarios to life, from burst pipes and roof leaks to hail-damaged roofing materials and lightning-damaged equipment. Interactive technology and hands-on learning environments allow claim adjusters to explore how damage occurs, spreads through a home and is ultimately repaired, supporting more accurate assessments and clearer explanations for customers about what needs to be repaired and why. , /PRNewswire/ -- The Property Lab at Allstate Claims University is a full-scale residential training facility, featuring two complete, two-story homes where Allstate claim adjusters inspect staged home damage before helping customers navigate real property damage situations. The Property Lab is one of two hands-on training environments inside Allstate Claims University, the company's 33,000-square-foot claims training center in Dallas, Texas, which opened in August 2026. Built using insights from more than 100 million property claims, the Property Lab recreates the residential damage scenarios customers experience most often.
Allstate Claims University Property Lab
Allstate Claims University Property Lab The Property Lab is part of Allstate's broader investment in claim adjusters, equipping them with practical knowledge that helps them guide customers through the repair and recovery process.
Mike Fiato, executive vice president and chief claims officer at Allstate:
"Customers trust Allstate during some of the most stressful moments they face as homeowners. The Property Lab gives our teams hands-on experience with real-world damage scenarios, helping them provide informed guidance and support when it matters most."
Frequently Asked Questions
What is the Property Lab at Allstate Claims University?
The Property Lab is a hands-on training environment that allows claim adjusters to experience realistic residential damage scenarios in full-scale homes. Claim adjusters can inspect damage, examine what may be happening behind walls, ceilings and floors and gain firsthand experience with the situations they may encounter while helping customers recover. The homes feature a range of construction materials and finishes, from standard-grade components to higher-end materials, helping claim adjusters gain experience with the variety of homes, materials and repair considerations before directly supporting customers.
How does Allstate train property claim adjusters?
The Property Lab prepares claim adjusters for real-world home damage scenarios by:
Inspecting visible damage on the exterior and interior of full-size, two-story homes. Using cutaway wall sections to trace how damage travels through framing, insulation and plumbing. Engaging with interactive digital tools showing damage patterns and repair techniques. Practicing identifying hidden damage beyond the visible point of origin. Completing module-based training on roofing, water damage, cabinetry, plumbing, electrical and sump-pump systems. What kinds of damage are featured in the Property Lab?
The Property Lab recreates a variety of situations commonly encountered in residential property claims, including:
Water and plumbing damage, including burst pipes, water intrusion, leaking appliances and drain backups Roof, hail and storm-related exterior damage, including roof and skylight leaks Fire, smoke and heat-related damage, including smoke and grease-fire damage and fire-related siding damage Lightning-related damage to home systems and equipment, including HVAC units and electrical components What equipment and technology does the Property Lab use to train claim adjusters?
The Property Lab combines physical damage demonstrations with digital learning tools that provide immediate information about damage patterns, repair techniques and restoration considerations. Interactive technology throughout the homes allows claim adjusters to move beyond observation and explore how different types of damage develop, spread and are repaired.
The facility also includes industry-standard roofing, water damage, cabinetry, plumbing, electrical and sump-pump training modules, creating a learning experience that closely mirrors conditions encountered in residential claims.
What happens during an Allstate home insurance claim inspection?
When a homeowner files a property claim with Allstate, a claim adjuster assesses both visible and potential hidden damage, evaluates how the damage originated and spread through the home's structure, reviews applicable coverage and guides the homeowner through repair options and next steps. The Property Lab prepares claim adjusters for this process, particularly for cases where the visible damage is only part of the story.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Allstate has 216 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Allstate (ALL - Free Report) Founded in 1931 and headquartered in Northbrook, IL, The Allstate Corporation is the third-largest property-casualty (P&C) insurer and the largest publicly-held personal lines carrier in the U.S. The company also provides a range of life insurance and investment products to its diverse customer base. It provides insurance products to approximately 16 million households through more than 12,000 exclusive agencies and financial specialists in the U.S. and Canada. As of Dec. 31, 2025, total policies in force amounted to 210.9 million, up 3% year over year. The company generated $67.7 billion in revenues in 2025, in which Property and casualty insurance premiums witnessed continued growth. Net investment income is also on the rise.
ALL is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 7.31; value investors should take notice.
14 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $5.70 to $35.50 per share. ALL boasts an average earnings surprise of +45.3%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ALL should be on investors' short list.
Concurrent Investment Advisors LLC raised its position in The Allstate Corporation (NYSE:ALL – Free Report) by 20.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,821 shares of the insurance provider’s stock after acquiring an additional 3,705 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Allstate were worth $5,192,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in ALL. BlackRock Inc. purchased a new position in Allstate in the 2nd quarter valued at about $5,439,448,000. Bank of America Corp DE acquired a new stake in shares of Allstate during the second quarter valued at about $1,410,362,000. GQG Partners LLC purchased a new stake in shares of Allstate during the second quarter worth about $1,245,710,000. Deutsche Bank AG purchased a new stake in shares of Allstate during the second quarter worth about $1,008,648,000. Finally, Norges Bank acquired a new position in shares of Allstate in the fourth quarter worth about $531,294,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.
Allstate Stock Performance Shares of ALL stock opened at $259.43 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The company’s 50-day simple moving average is $256.91 and its 200-day simple moving average is $228.91. The stock has a market capitalization of $65.60 billion, a price-to-earnings ratio of 5.18, a PEG ratio of 0.58 and a beta of 0.15.
Allstate (NYSE:ALL – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, beating the consensus estimate of $6.06 by $2.93. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. During the same period in the previous year, the company earned $5.94 earnings per share. Allstate’s quarterly revenue was up 11.8% on a year-over-year basis. Equities analysts anticipate that The Allstate Corporation will post 35.5 earnings per share for the current fiscal year. Allstate Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders 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 1.7%. The ex-dividend date is Monday, August 31st. Allstate’s payout ratio is 8.63%.
Allstate News Roundup Here are the key news stories impacting Allstate this week:
Positive Sentiment: Allstate is included among insurers using artificial intelligence, data and technology to improve operating efficiency, underwriting and growth, which could support long-term margins and competitiveness. 3 Insurers to Add to Portfolio as AI Transforms Insurance Operations Positive Sentiment: A review of Allstate’s financial strength and earnings outlook suggests the company may merit renewed investor consideration, reinforcing the case for its profitability and balance-sheet position. Affirmed Financial Strength And Earnings Outlook Might Change The Case For Investing In Allstate Positive Sentiment: Allstate is highlighted as a value-oriented property-and-casualty insurer with premium growth, underwriting discipline and investment-portfolio gains. 3 P&C Insurers to Add for Better Returns in Sluggish September Positive Sentiment: Allstate is listed among low-beta, dividend-paying stocks that could offer defensive characteristics during September volatility, with improving earnings estimates cited as a supporting factor. Buy 5 Stocks to Stay Safe in Wall Street’s Historically Worst Month Neutral Sentiment: Comparisons with Tokio Marine focus on relative valuation and value-investing characteristics rather than a new company-specific catalyst. ALL or TKOMY: Which Is the Better Value Stock Right Now? Neutral Sentiment: An Allstate driving-safety report ranking for Wichita provides local auto-insurance context but does not materially change the company’s financial outlook. How bad or good are Wichita drivers? See how the city ranks in Allstate report Negative Sentiment: Allstate shares have declined since the latest earnings report, prompting questions about whether the stock can rebound despite the company’s stronger-than-expected results. Allstate Down 4.4% Since Last Earnings Report: Can It Rebound? Negative Sentiment: A report that Tyler Perry paid an 81-year-old woman’s $18,000 repair bill after Allstate denied her claim could create reputational risk and renewed scrutiny of claims-handling practices, although it appears to be an isolated customer dispute. Tyler Perry pays 81-year-old woman’s $18K repair bill after Allstate denies claim Insider Activity at Allstate In other Allstate news, insider John Dugenske sold 32,996 shares of Allstate stock in a transaction on Friday, August 7th. The shares were sold at an average price of $269.33, for a total value of $8,886,812.68. Following the completion of the transaction, the insider owned 13,054 shares of the company’s stock, valued at $3,515,833.82. The trade was a 71.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Mario Rizzo sold 56,225 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. The trade was a 40.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.55% of the company’s stock.
Analysts Set New Price Targets A number of research analysts recently commented on the company. Weiss Ratings downgraded Allstate from a “buy (a)” rating to a “buy (a-)” rating in a report on Tuesday, August 25th. Barclays lifted their price objective on Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a report on Thursday, August 6th. Cantor Fitzgerald upped their target price on Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Wells Fargo & Company cut Allstate from an “equal weight” rating to an “underweight” rating and increased their target price for the company from $243.00 to $250.00 in a research note on Friday, August 7th. Finally, Morgan Stanley set a $265.00 price target on shares of Allstate in a research report on Tuesday, August 11th. Four analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Allstate presently has a consensus rating of “Hold” and an average target price of $263.90.
Check Out Our Latest Analysis on ALL
About Allstate (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.
Further Reading Five stocks we like better than Allstate AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high.
A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high. Today's market dip makes now an ideal time to get in.
loading...
Primed to grow right now with long-term potential gains of 2X and more.
Primed to grow right now with long-term potential gains of 2X and more.
The pharmaceutical industry continues to grow thanks to an aging population and rising demand for new treatments. Which pharma stocks are best?
The pharmaceutical industry continues to grow thanks to an aging population and rising demand for new treatments. Which pharma stocks are best?
The airline industry covers a wide range of business models and opportunities. See our picks for the Best Airline Stocks to buy now.
The airline industry covers a wide range of business models and opportunities. See our picks for the Best Airline Stocks to buy now.
Here are our picks for the best publicly traded companies in the cryptocurrency business.
Here are our picks for the best publicly traded companies in the cryptocurrency business.
This oil and natural gas company has seen the Zacks Consensus Estimate for its current year earnings increase 241.2% over the last 60 days.
This oil and natural gas company has seen the Zacks Consensus Estimate for its current year earnings increase 241.2% over the last 60 days.
SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.
SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.
The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.
The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.
Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.
Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.
›
‹
Featured Zacks Rank Stocks Learn to Profit from the Zacks Rank
#1 Rank After transitioning from a crypto miner to an AI company, things are looking good.
#5 Rank Tobacco stocks have had a bit of a resurgence with the introduction of new products but analysts are starting to pump the b
Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers Zacks #1 Rank Top Movers for Value Growth Momentum VGM Income Company Symbol Price %Chg Motorsport... MSGM 4.45 +10.70% EuroDry EDRY 55.14 +5.94% Abercrombie... ANF 149.34 +4.04% Polaris PII 63.40 +3.78% TAL Educati... TAL 12.37 +3.17% Zacks #1 Rank Top Movers7/16 The Zacks #1 Rank List is the best place to start your stock search each morning. It's made up of the top 5% of stocks with the most potential. Each weekday, you can quickly see the Zacks #1 Rank Top Movers from Value to Growth, Momentum and Income, even VGM Score.
Go to Zacks Rank #1 Top Movers
Full Zacks #1 Rank List8/16 You can see the full Zacks #1 Rank List or narrow it down to Zacks #1 Rank Stocks with a Value, Growth, Momentum or Income Style Score of A or B. Plus, you can see the Zacks #1 Rank Stocks with a VGM of A or B. You can also sort the list with criteria you choose, view Additions and Deletions by day, and Performance.
Symbol Time Expected Reported %Surprise CURV 16:06 -0.03 -0.04 -33.33 VBNK 07:04 0.34 0.27 -20.59 LE 06:46 0.10 0.09 -10.00 CPB 07:15 0.40 0.39 -2.50 EPS Negative Surprises for Sep 04, 2026
Upcoming Earnings ESP View More Symbol ESP Most Accurate Estimate Consensus Estimate AVO 21.74% 0.14 0.12 INNV 5.88% 0.09 0.09 LMNR 5.26% 0.20 0.19 Featured Stock Picks
Best Airline Stocks to Buy Now September 2026 The airline industry covers a wide range of business models and opportunities. See our picks for the Best Airline Stocks to buy now.
Best Crypto Stocks to Buy for September 2026 Here are our picks for the best publicly traded companies in the cryptocurrency business.
Best Pharmaceutical Stocks to Buy for September 2026 The pharmaceutical industry continues to grow thanks to an aging population and rising demand for new treatments. Which pharma stocks are best?
Best Biotech Stocks to Buy for September 2026 Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.
Best Gold Stocks to Buy for September 2026 Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.
Key Takeaways Allstate's premiums, Protection Services and Transformative Growth strategy support long-term growth.Heritage Insurance improves risk distribution through selective underwriting and portfolio diversification.American Integrity gains from policy growth, geographic expansion and lower catastrophe-reinsurance pricing. The Dow Jones Industrial Average and the Nasdaq Composite have declined since Aug. 31, 2026. September has historically been a sluggish month for the stock market. While there are several theories for this uncanny phenomenon, the most common notion is that investors take time off during the summer months, leading to an overall decline in trading volumes. Stock Trader’s Almanac shows that September has been the weakest month for the S&P 500 since 1950 and for the Nasdaq since 1971.
The property and casualty insurance industry continues to face rising losses from severe weather, wildfires, social inflation and expensive litigation. Higher repair and replacement costs add pressure, while moderating premium and reinsurance rates could constrain margins. Regulatory oversight and affordability challenges in catastrophe-prone states are additional concerns. Still, the industry has gained 8.8% in the last three months, outperforming the Finance sector’s increase of 5.8% and the Zacks S&P 500 composite’s rise of 0.2%.
Insurance vs Finance, S&P 500 in 3 Months
Image Source: Zacks Investment Research
Expanded exposure, healthy renewals, strong retention, new business gains, portfolio repositioning, disciplined segmentation and adequate reinsurance should support The Allstate Corporation (ALL - Free Report) , Heritage Insurance Holdings (HRTG - Free Report) and American Integrity Insurance Group (AII - Free Report) in delivering operational excellence and, in turn, better returns for investors.
Factors Dominating the Insurance IndustryThe insurance industry remains sensitive to interest-rate movements. Following three rate cuts in 2025, the federal funds rate stands at 3.50-3.75%. Persistent inflation has prevented further easing in 2026, while the Fed’s June projection of 3.8% for year-end suggests rates could remain steady or edge higher. Potential easing in 2027 may follow as inflation moderates. Higher rates generally support insurers’ investment income because they invest premiums before claims are paid.
Pricing is equally important for premium growth and claims management. Marsh’s Global Insurance Market Index showed a 6% decline in global commercial insurance rates during the second quarter of 2026, extending pricing moderation to seven consecutive quarters. Increased competition, favorable claims experience and improved reinsurance conditions drove the decline. Even so, disciplined underwriting, greater insured exposure and new business generation should support premium growth. Swiss Re expects global insurance premiums to increase 4% in 2026.
Colorado State University (CSU) expects the 2026 hurricane season to be milder than normal, forecasting nine named storms, including four hurricanes and one major hurricane. The hurricane season typically starts in June and lasts through November, gathering strength in August and September. Thus, property and casualty insurers’ third-quarter results are affected the most.
Per Verisk and The American Property Casualty Insurance Association (APCIA), premiums written increased 2.1% and earned premiums grew 3% in the first half of 2026. Aon estimates first-half 2026 total economic losses to be $111 billion, of which 43% is covered by insurance. Verisk and APCIA stated a net underwriting gain of $31.7 billion in the first half of 2026, up nearly three times year over year. Policyholders’ surplus improved to $1.3 trillion as of June 30, 2026 from $1.13 trillion as of June 30, 2025. Swiss Re projects the combined ratio to deteriorate by 50 basis points to 99% in 2026.
Also, the insurance industry continues to witness accelerated digitalization. Players are investing heavily in technology to improve scale and efficiencies.
A sturdy capital position supports effective capital deployments like mergers and acquisitions, dividend hikes, special dividends and share buyback programs.
Notably, the insurance industry is currently undervalued. The price-to-book multiple, commonly used for valuing insurance stocks, is currently pegged at 1.48, compared with the S&P 500’s 7.19 and the sector’s 4.46.
Insurers like ALL, HRTG and AII, banking on operational excellence, are poised to deliver better returns for investors.
Value PicksPicking the right stocks for greater investment rewards might be an uphill task. With the help of our Zacks Stock Screener, we have identified the best bets.
We have shortlisted three stocks with a Zacks Rank #1 (Strong Buy) and an impressive Value Score of A or B. Each stock has witnessed positive estimate revisions, reflecting analysts’ optimism about their prospects. Shares have gained more than 10% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
Value Score identifies stocks that are undervalued. These value stocks have a long history of delivering superior returns.
Allstate Corporation: Northbrook, IL-based Allstate is the fourth-largest property-casualty (P&C) insurer and the largest publicly-held personal lines carrier in the United States. Growing premiums, Protection Services, business streamlining efforts and solid cash flows are expected to drive long-term growth. Strength in the P&C market supports premium growth, improved rate adequacy, and product innovation, particularly in homeowners and auto lines exposed to weather-related risks. Allstate’s Transformative Growth strategy is also driving market-share gains.
The Zacks Consensus Estimate for ALL’s 2026 and 2027 earnings has moved up 13.8% and 4.5%, respectively, in the past 30 days.
The stock currently has a P/B ratio of 2.1. It has a Value Score of A. Its shares have gained 24.6% in the past three months.
Heritage Insurance: Tampa, FL-based HRTG provides personal and commercial residential insurance products. Its focus on rate adequacy, selective underwriting and profit-oriented underwriting criteria, while restricting new business in over-concentrated markets or products, positions it well for growth. This Zacks Rank #1 insurer has strategically diversified its portfolio to achieve better risk distribution, claims trends and lower reinsurance costs.
The Zacks Consensus Estimate for HRTG’s 2026 and 2027 earnings has moved up 27.7% and 14.5%, respectively, in the past 30 days.
The stock currently has a P/B ratio of 1.84. It has a Value Score of A. Its shares have gained 17.4% in the past three months.
American Integrity Insurance Group: Headquartered in Tampa, FL, American Integrity operates as an insurance company in the United States. American Integrity’s performance is being driven by rapid voluntary-policy growth, particularly in Florida’s Tri-County region, middle-aged homes and expansion markets. The company appears well-positioned for profitable long-term growth, supported by geographic expansion, disciplined risk selection, Florida’s insurance reforms and lower catastrophe-reinsurance pricing. However, its heavy Florida exposure and vulnerability to hurricanes could make earnings volatile and temper the consistency of that growth.
The Zacks Consensus Estimate for 2026 and 2027 earnings has moved 39.8% and 5.4% north, respectively, in the past 30 days. Its expected long-term earnings growth rate is pegged at 8%.
The stock currently has a P/B ratio of 1.38. It has a Value Score of A. Its shares have gained 25.3% in the past three months.
Investors with an interest in Insurance - Property and Casualty stocks have likely encountered both Allstate (ALL) and Tokio Marine Holdings Inc. (TKOMY). But which of these two stocks presents investors with the better value opportunity right now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Allstate (ALL - Free Report) . ALL is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 9.21 right now. For comparison, its industry sports an average P/E of 26.64. Over the last 12 months, ALL's Forward P/E has been as high as 11.84 and as low as 8.78, with a median of 10.15.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ALL has a P/S ratio of 0.93. This compares to its industry's average P/S of 1.33.
Finally, investors will want to recognize that ALL has a P/CF ratio of 8.66. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.09. Over the past 52 weeks, ALL's P/CF has been as high as 14.16 and as low as 8.07, with a median of 10.58.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Allstate is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ALL feels like a great value stock at the moment.
Key Takeaways Top-ranked ALL, W, BILL, TWLO and CRBU show strong potential to deliver earnings beats this season. Positive Earnings ESP, high Zacks Rank and surprise history boost the odds of upside earnings surprises. Strong earnings beats often fuel stock gains, making these five names worth watching before results. It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature.
In this regard, we ran a screener that yielded stocks The Allstate Corporation (ALL - Free Report) , Wayfair (W - Free Report) , BILL Holdings Inc. (BILL - Free Report) , Twilio (TWLO - Free Report) and Caribou Biosciences (CRBU - Free Report) as the likely winners on the earnings beat potential.
Why Is a Positive Earnings Surprise So Important?Historically, stocks of companies with solid quarterly earnings (on a nominal basis) tank if they miss or merely meet market expectations. After all, a 20% earnings rise (though apparently looks good) doesn’t tell you if earnings growth has been exhibiting a decelerating trend.
Also, seasonal fluctuations sometimes come into play. If a company’s Q1 is seasonally weak and Q4 strong, then it is likely to report a sequential earnings decline. In such cases, growth rates are misleading while judging the true health of a company.
On the other hand, after much brainstorming and analysis of companies’ financials and initiatives, Wall Street analysts project earnings of companies. They in fact club their insights and a company’s guidance when deriving an earnings estimate.
Thus, outperforming that estimate is almost equivalent to beating the company’s own expectation as well as the market perception. And if the margin of earnings surprise is big, it typically drives the stock higher right after the release. Thus, more than anything else, an earnings surprise can push a stock higher.
How to Find Stocks that Can Beat?Now, finding stocks that have the potential to beat on the bottom line may be investors’ dream but not an easy job. One way to do this is to look at the earnings surprise history of the company.
An impressive track record in this regard generally acts as a catalyst in sending a stock higher. It indicates the company’s ability to surpass estimates. And investors generally believe that the company will apply the same secret sauce to execute yet another earnings beat in its next release.
The Winning StrategyIn order to shortlist stocks that are likely to come up with an earnings surprise, we chose the following as our primary screening parameters.
Last EPS Surprise greater than or equal to 10%: Stocks delivering positive surprise in the last quarter tend to surprise again.
Average EPS Surprise in the last four quarters greater than 20%: We lifted the bar for outperformance slightly higher by setting the average earnings surprise for the last four quarters at 20%.
Average EPS Surprise in the last two quarters greater than 20%: This points to a more consistent surprise history and makes the case for another surprise even stronger.
In addition, we place a few other criteria that push up the chance of a positive surprise.
Zacks Rank less than or equal to 2: Only companies with a Zacks Rank #1 (Strong Buy) or 2 (Buy) rating can get through.
Earnings ESP greater than zero: A stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for an earnings beat to happen, as per our proven model.
In order to zero in on those that have long-term growth potential and high trading liquidity, we have added the following parameters too:
Next 3–5 Years Estimated EPS Growth (Per Year) greater than 10%: Solid expected earnings growth exhibits the stock’s long-term growth prospects.
Average 20-day Volume greater than 100,000: High trading volume implies that the stocks have adequate liquidity.
A handful of criteria has narrowed down the universe from over 7,700 stocks to only 11.
Here are five out of 11 stocks:
Allstate: The Zacks Rank #1 company is the third-largest property-casualty (P&C) insurer and the largest publicly held personal lines carrier in the United States. You can see the complete list of today’s Zacks #1 Rank stocks here.
The average earnings surprise of ALL for the past four quarters is 45.34%.
Wayfair: The Zacks Rank #1 company is an online seller of home goods products, consisting of furniture and home decor.
The average earnings surprise of W for the past four quarters is 21.51%.
BILL Holdings: The Zacks Rank #1 company primarily serves small and midsize businesses through its AI-powered financial operations platform that connects customers with their suppliers and clients.
The average earnings surprise of BILL for the past four quarters is 19.82%.
Twilio: Twilio provides a cloud-based customer engagement platform that enables developers and businesses to build, scale and operate real-time communications within software applications. The company currently has a Zacks Rank #1.
The average earnings surprise of TWLO for the past four quarters is 13.95%.
Caribou Biosciences: This is a clinical-stage CRISPR genome-editing biopharmaceutical company. It has a Zacks Rank #2.
The average earnings surprise of CRBU for the past four quarters is 20.08%.
Key Takeaways Allstate is positioned for growth as underwriting profitability, investment income and policy counts improve.Policies in force reached about 216 million in Q2, while issued applications increased 9.9%.Net investment income rose 33.8% in Q2 to $1 billion, while Allstate repurchased $1 billion of stock. Property and casualty insurer The Allstate Corporation (ALL - Free Report) appears well positioned for growth, supported by improving underwriting profitability, rising investment income, solid policy growth and increased capital returns.
Its shares have gained 23.6% year to date, comfortably outperforming the industry’s 2.4% increase and the S&P 500’s 11.7% rise, signaling investor confidence.
Price Performance - ALL, Industry & S&P 500 Image Source: Zacks Investment Research
The rising frequency and severity of natural catastrophes are increasing claims costs but also creating growth opportunities for the property and casualty insurance industry. Greater exposure to weather-related risks is raising awareness among households and businesses, supporting demand for broader and more tailored insurance coverage. For Allstate, this environment can drive premium growth, improve pricing adequacy and encourage product innovation as the company adjusts coverage and rates to better reflect evolving risk.
Allstate is growing without sacrificing margins. Policies in force reached roughly 216 million in the second quarter. Auto and homeowners policies continued to increase, while issued applications rose 9.9%. It is steadily scaling its Protection Services business, creating a complementary growth engine beyond traditional insurance.
Auto’s first-half underlying combined ratio was 88.5, down from the year-ago level of 89.5, substantially better than the roughly mid-90s level Allstate has historically viewed. Management will likely trade some margin for profitable growth where appropriate.
Investment income has become another meaningful earnings engine. Net investment income increased 9.8% in the first quarter and then 33.8% in the second quarter to $1 billion, benefiting from a larger portfolio, higher fixed-income yields and stronger performance-based investment returns.
Allstate had about $9.5 billion of deployable holding-company capital following the second quarter and repurchased $1 billion of stock during the quarter, along with paying $280 million in dividends. Over the past decade, ALL repurchased 39% of its outstanding shares. It still has $2.6 billion left under its buyback authorization.
Allstate’s Earnings Estimates & Surprise HistoryThe Zacks Consensus Estimate for 2026 adjusted earnings for Allstate is currently pegged at $34.45 per share, which has witnessed 12 upward revisions against no downward movement over the past month. During this time, the consensus mark for 2027 earnings improved 4%. The consensus estimate for 2026 and 2027 revenues suggests 4.4% and 4% year-over-year increases, respectively.
It beat earnings estimates in each of the past four quarters, with an average surprise of 45.3%.
ALL is trading comparatively cheap at the moment from a valuation standpoint. Its forward earnings multiple of 8.73X is lower than its five-year median of 10.90X and the industry average of 26.85X. Allstate now has a Value Score of A.
Zacks Rank & Other Key PicksAllstate currently sports a Zacks Rank #1 (Strong Buy). Some other top-ranked stocks in the broader insurance space are Horace Mann Educators Corporation (HMN - Free Report) , CNO Financial Group, Inc. (CNO - Free Report) and Assurant, Inc. (AIZ - Free Report) . While Horace Mann Educators also has a Zacks Rank #1, CNO Financial and Assurant are carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Horace Mann Educators’ current-year earnings is pegged at $4.78 per share, which has witnessed two upward revisions over the past 30 days and no movement in the opposite direction. Furthermore, the consensus estimate for HMN’s 2026 revenues indicates a 3.9% year-over-year increase.
The consensus mark for CNO Financial’s current-year earnings is pegged at $4.74 per share, which indicates 16.2% year-over-year growth. It has witnessed two upward estimate revisions against none in the opposite direction in the past 30 days. CNO beat earnings estimates in each of the last four quarters, with an average surprise of 23.2%.
The Zacks Consensus Estimate for Assurant’s current year earnings is pegged at $22.05 per share, which indicates 11.5% year-over-year growth. It has witnessed five upward estimate revisions against none in the opposite direction in the past month. AIZ beat earnings estimates in each of the last four quarters, with an average surprise of 17.7%.
Bank of New York Mellon Corp bought a new stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,788,200 shares of the insurance provider’s stock, valued at approximately $425,484,000. Bank of New York Mellon Corp owned about 0.69% of Allstate as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the stock. State of Wyoming purchased a new position in Allstate during the second quarter worth about $962,000. ABN AMRO Bank N.V. bought a new position in shares of Allstate during the 2nd quarter worth approximately $4,694,000. Kelleher Financial Advisors purchased a new position in shares of Allstate in the 2nd quarter worth approximately $28,000. GSA Capital Partners LLP bought a new position in shares of Allstate in the second quarter valued at approximately $2,782,000. Finally, Pacific Sage Partners LLC bought a new position in shares of Allstate in the second quarter valued at approximately $242,000. Institutional investors own 76.47% of the company’s stock.
Insider Transactions at Allstate In related news, COO Mario Rizzo sold 56,225 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer owned 82,227 shares of the company’s stock, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider John E. Dugenske sold 32,996 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the transaction, the insider owned 13,054 shares of the company’s stock, valued at $3,515,833.82. This trade represents a 71.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 91,446 shares of company stock valued at $24,208,675. 1.55% of the stock is currently owned by corporate insiders.
Allstate Stock Performance NYSE ALL opened at $253.82 on Friday. The company’s 50 day moving average is $250.34 and its 200-day moving average is $224.95. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24. The Allstate Corporation has a 12-month low of $188.08 and a 12-month high of $277.22. The firm has a market cap of $64.18 billion, a P/E ratio of 5.07, a price-to-earnings-growth ratio of 0.39 and a beta of 0.16. Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, topping analysts’ consensus estimates of $6.06 by $2.93. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The firm had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. During the same period last year, the company earned $5.94 earnings per share. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. Sell-side analysts predict that The Allstate Corporation will post 34.45 earnings per share for the current year.
Allstate Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders 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 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio is presently 8.63%.
Wall Street Analyst Weigh In A number of brokerages recently commented on ALL. Morgan Stanley set a $265.00 price target on Allstate in a report on Tuesday, August 11th. Cantor Fitzgerald upped their price objective on Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $280.00 target price on shares of Allstate in a research report on Friday, August 7th. HSBC cut Allstate from a “buy” rating to a “hold” rating and lifted their target price for the stock from $244.00 to $264.00 in a research note on Monday, July 6th. Finally, Mizuho increased their price target on shares of Allstate from $255.00 to $272.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Four analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Allstate currently has an average rating of “Hold” and a consensus target price of $265.26.
Read Our Latest Research Report on ALL
Allstate News Roundup Here are the key news stories impacting Allstate this week:
Positive Sentiment: Zacks Research raised several Allstate EPS forecasts, including estimates for Q3 2026, FY2027, FY2028, Q1 2027, Q4 2027 and Q2 2028. Zacks maintains a “Strong-Buy” rating, supporting the view that underwriting performance and earnings power may remain resilient. Allstate earnings estimates Positive Sentiment: A Zacks screen identified ALL as a high-return-on-equity, cash-rich stock that could appeal to investors seeking quality and financial strength during volatile markets. High-ROE stocks article Neutral Sentiment: Allstate opened a new Dallas auto laboratory to train claims adjusters on increasingly complex vehicle technology. The initiative could improve claims accuracy and customer service over time, but it is unlikely to materially affect near-term earnings. Allstate Dallas auto lab Negative Sentiment: Keefe, Bruyette & Woods downgraded ALL from “hold” to “moderate sell,” adding to investor caution around the stock’s valuation and outlook. Allstate analyst downgrade Negative Sentiment: Allstate estimated July catastrophe losses of $682 million pretax, or $539 million after tax. The losses bring pretax catastrophe costs for the current aggregate year to approximately $2.402 billion, creating pressure on underwriting margins and near-term earnings. Allstate July 2026 monthly release Negative Sentiment: Zacks Research lowered its Q2 2027 and Q4 2026 EPS estimates, indicating that analysts still see some periods of earnings pressure despite upward revisions elsewhere. Allstate earnings estimates Allstate Profile (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.
Featured Stories Five stocks we like better than Allstate Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALL – Free Report).
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
Key Takeaways Allstate combines high ROE with a 19% long-term earnings growth expectation and strong earnings surprises.Arista has a 26.1% long-term earnings growth outlook and is gaining traction in high-speed switching products.Gartner carries a 21% long-term earnings growth expectation and averaged a 13.5% earnings surprise. The broader equity markets witnessed intense volatility over the past few days in sync with the bond yields but in the opposite direction. After surging to multi-decade highs, bond yields declined significantly as the Treasury Department announced plans to more than double the size of its government debt repurchases. This apparently helped the stock market snap a three-day losing streak and revive its momentum.
However, surging oil prices and economic sanctions against Iran, which President Trump claimed to be the “Economic Warfare and Isolation on an unprecedented scale,” added to the cacophony and pulled equity markets down while pushing bond yields higher. With a lasting peace agreement in the Middle East appearing to be far from being guaranteed, market uncertainty remained elevated.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from “cash cow” stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios, such as return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return. The Allstate Corporation (ALL - Free Report) , Arista Networks, Inc. (ANET - Free Report) , Annaly Capital Management, Inc. (NLY - Free Report) , Gartner, Inc. (IT - Free Report) and AMETEK, Inc. (AME - Free Report) are some of the stocks with high ROE to profit from.
ROE: A Key MetricROE = Net Income/Shareholders’ Equity
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.
Moreover, ROE is often used to compare the profitability of a company with other firms in the industry; the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.
Screening ParametersIn order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters. In addition, we have taken a few other criteria into consideration to arrive at a winning strategy.
Price/Cash Flow less than X-Industry: This metric measures how much investors pay for $1 of free cash flow. A lower ratio indicates that investors need to pay less for a better cash flow-generating stock.
Return on Assets (ROA) greater than X-Industry: This metric determines how much profit a company earns for every dollar of assets, which includes cash, accounts receivable, property, equipment, inventory and furniture. The higher the ROA, the better it is for the company.
5-Year EPS Historical Growth greater than X-Industry: This criterion indicates that continued earnings momentum has translated into solid cash strength.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Here are five of the 10 stocks that qualified the screening:
Allstate: Headquartered in Northbrook, IL, Allstate is the third-largest property-casualty (P&C) insurer and the largest publicly held personal lines carrier in the United States. The company also provides a range of life insurance and investment products to its diverse customer base. It provides insurance products to approximately 16 million households through more than 12,000 exclusive agencies and financial specialists in the United States and Canada.
The company has a long-term earnings growth expectation of 19% and delivered a trailing four-quarter earnings surprise of 45.3%, on average. It has a VGM Score of A. Allstate sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista: Santa Clara, CA-based Arista is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company holds a leadership position in 100-gigabit Ethernet switching for the high-speed datacenter segment. It is increasingly gaining market traction in 200- and 400-gig high-performance switching products and remains well-positioned for healthy growth in the data-driven cloud networking business with proactive platforms and predictive operations.
The company has a long-term earnings growth expectation of 26.1%. It delivered a trailing four-quarter earnings surprise of 8.9%, on average. Arista sports a Zacks Rank #1.
Annaly: Based in New York, Annaly is a mortgage real estate investment trust that primarily owns, manages and finances a portfolio of real estate-related investment securities. Its investment portfolio includes mortgage pass-through certificates, collateralized mortgage obligations and credit risk transfer.
The company has a long-term earnings growth expectation of 1.2%. It delivered a trailing four-quarter earnings surprise of 3.1%, on average. Annaly currently carries a Zacks Rank #2.
Gartner: Headquartered in Stamford, CT, Gartner is reportedly the world's leading information technology research and advisory firm. The company offers rich domain expertise and technology-related insight necessary for an informed decision-making process.
Gartner has a long-term earnings growth expectation of 21% and delivered a trailing four-quarter earnings surprise of 13.5%, on average. Gartner sports a Zacks Rank #1.
AMETEK: Located in Berwyn, PA, AMETEK is one of the leading manufacturers of electronic appliances and electromechanical devices. It has more than 120 operating sites worldwide. The company operates more than 80 sales and service stations in North America, Europe, Asia and South America to support these operations.
The company has a long-term earnings growth expectation of 9.4%. It delivered a trailing four-quarter earnings surprise of 4.9%, on average. AMETEK carries a Zacks Rank #2.
B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of The Allstate Corporation (NYSE:ALL – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 41,707 shares of the insurance provider’s stock, valued at approximately $9,924,000.
Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Allstate during the 2nd quarter valued at approximately $5,439,448,000. Deutsche Bank AG purchased a new stake in Allstate during the second quarter worth $1,008,648,000. Norges Bank purchased a new stake in Allstate during the fourth quarter worth $531,294,000. Bank of New York Mellon Corp acquired a new stake in Allstate during the second quarter valued at $425,484,000. Finally, GQG Partners LLC grew its position in Allstate by 36.0% during 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 buying an additional 1,452,993 shares during the period. Institutional investors and hedge funds own 76.47% of the company’s stock.
Wall Street Analyst Weigh In
ALL has been the subject of a number of analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $280.00 price objective on shares of Allstate in a research report on Friday, August 7th. Wall Street Zen upgraded Allstate from a “hold” rating to a “buy” rating in a research report on Monday, July 20th. Citigroup lowered Allstate from a “neutral” rating to a “sell” rating and lifted their price target for the company from $226.00 to $240.00 in a research note on Tuesday, August 11th. Zacks Research raised Allstate from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Barclays increased their price target on Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a research report on Thursday, August 6th. Four research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $265.26.
Read Our Latest Report on ALL
Allstate Stock Down 2.1%
ALL stock opened at $254.29 on Friday. The Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $277.22. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24. The firm has a 50-day simple moving average of $249.69 and a 200-day simple moving average of $224.74. The stock has a market capitalization of $64.30 billion, a P/E ratio of 5.08, a P/E/G ratio of 0.40 and a beta of 0.16.
Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, topping the consensus estimate of $6.06 by $2.93. The company had revenue of $18.60 billion during the quarter, compared to analyst estimates of $15.46 billion. Allstate had a return on equity of 41.64% and a net margin of 18.97%.Allstate’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $5.94 EPS. Equities analysts forecast that The Allstate Corporation will post 34.5 earnings per share for the current fiscal year.
Allstate Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be paid a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio is currently 8.63%.
Allstate News Roundup
Here are the key news stories impacting Allstate this week:
Positive Sentiment: Long-term earnings estimates increased. Zacks Research raised its EPS forecasts for Q1 2027, Q4 2027, Q1 2028 and Q2 2028, while maintaining a “Strong-Buy” rating. The revisions suggest analysts expect Allstate’s underlying insurance profitability and earnings growth to remain strong. MarketBeat Allstate analyst estimates
Positive Sentiment: Zacks upgraded Allstate from “Hold” to “Strong-Buy.” The upgrade reinforces the constructive view on the insurer’s valuation and earnings outlook, particularly following its recent quarterly performance, which exceeded consensus expectations. Zacks Allstate upgrade
Neutral Sentiment: A customer complaint could create limited reputational risk. A Maple Heights homeowner alleged that Allstate would not pay to repair hail damage. The report concerns an individual claim and does not indicate a material financial impact, but insurance-claim disputes can attract negative attention. Maple Heights Allstate hail damage report
Negative Sentiment: July catastrophe losses totaled $682 million before tax, or $539 million after tax. Allstate’s pre-tax catastrophe losses for the current aggregate year reached approximately $2.402 billion after July. The elevated claims burden may pressure near-term underwriting results and earnings, making this the most important negative catalyst. Allstate July 2026 monthly release
Negative Sentiment: Keefe, Bruyette & Woods reaffirmed its “Underperform” rating and cut its price target to $250 from $255. The lower target reflects continued caution about Allstate’s near-term risk-reward profile, despite the company’s favorable longer-term earnings revisions. Benzinga Allstate analyst action
Insider Activity at Allstate
In other news, Director Andrea Redmond sold 2,225 shares of the stock in a transaction dated 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 sale, the director directly owned 2,225 shares in the company, valued at $451,474.75. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Mario Rizzo sold 56,225 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the completion of the transaction, the chief operating officer directly owned 82,227 shares in the company, valued at approximately $21,747,396.96. This represents a 40.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 91,446 shares of company stock valued at $24,208,675. 1.55% of the stock is owned by insiders.
About Allstate
(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.
See Also
Five stocks we like better than Allstate
3 Energy Stocks Raising Dividends as the Sector Surges
5 Reasons the S&P 500 Could Keep Rallying Through Year-End
Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Keefe, Bruyette & Woods analyst Meyer Shields downgraded Allstate Corp (NYSE:ALL) from Market Perform to Underperform and slashed the price target from $255 to $250. Allstate closed at $259.74 on Wednesday. See how other analysts view this stock. Morgan Stanley analyst Cesar Medina downgraded Liberty Latin America Ltd (NASDAQ:LILA) from Equal-Weight to Underweight and maintained the price target of $7. Liberty Latin America shares closed at $8.34 on Wednesday. See how other analysts view this stock. Gordon Haskett analyst Chuck Grom downgraded TJX Companies Inc (NYSE:TJX) from Buy to Accumulate and announced a $155 price target. TJX closed at $144.50 on Wednesday. See how other analysts view this stock. GLJ Research analyst Gordon L. Johnson downgraded Fluence Energy Inc (NASDAQ: FLNC) from Buy to Hold and cut the price target from $26 to $12.89. Fluence Energy shares closed at $12.07 on Wednesday. See how other analysts view this stock. RBC Capital analyst Trung Huynh downgraded Merck & Co., Inc (NYSE:MRK) from Outperform to Sector Perform and raised the price target from $142 to $150. Merck closed at $152.20 on Wednesday. See how other analysts view this stock. Considering buying ALL stock? Here’s what analysts think:
Photo via Shutterstock
Latest Private Market Opportunities
Join 400,000+ Investors
Market News and Data brought to you by Benzinga APIs
, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of July of $682 million or $539 million, after-tax. Catastrophe losses for July include 23 events with approximately 75% of the losses related to two wind and hail events.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Forward-Looking Statements
This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "seeks," "expects," "will," "should," "anticipates," "estimates," "intends," "believes," "likely," "targets" and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has 216 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
AssuredPartners Investment Advisors LLC purchased a new stake in The Allstate Corporation (NYSE:ALL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,309 shares of the insurance provider’s stock, valued at approximately $787,000.
Several other institutional investors have also made changes to their positions in ALL. Gables Capital Management Inc. acquired a new position in shares of Allstate in the 2nd quarter worth approximately $26,000. Allied Private Wealth LLC bought a new position in shares of Allstate in the second quarter valued at about $29,000. Kelleher Financial Advisors acquired a new stake in shares of Allstate in the 2nd quarter valued at $28,000. MV Capital Management Inc. acquired a new position in shares of Allstate during the fourth quarter valued at $25,000. Finally, Navalign LLC acquired a new stake in shares of Allstate during the 4th quarter worth approximately $27,000. 76.47% of the stock is currently owned by institutional investors and hedge funds.
Allstate Stock Down 0.3% ALL stock opened at $260.24 on Thursday. The Allstate Corporation has a 52 week low of $188.08 and a 52 week high of $277.22. The business has a 50-day simple moving average of $249.00 and a 200 day simple moving average of $224.35. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.24. The company has a market cap of $65.80 billion, a PE ratio of 5.20, a price-to-earnings-growth ratio of 0.40 and a beta of 0.16.
Allstate (NYSE:ALL – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The firm had revenue of $15.43 billion for the quarter, compared to the consensus estimate of $15.46 billion. During the same period in the prior year, the company posted $5.94 earnings per share. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. Sell-side analysts anticipate that The Allstate Corporation will post 34.5 EPS for the current fiscal year. Allstate Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.32 annualized dividend and a dividend yield of 1.7%. Allstate’s dividend payout ratio (DPR) is 8.63%.
Analyst Upgrades and Downgrades A number of research analysts have issued reports on ALL shares. JPMorgan Chase & Co. boosted their target price on Allstate from $282.00 to $292.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Zacks Research upgraded shares of Allstate from a “hold” rating to a “strong-buy” rating in a research note on Monday. Wall Street Zen raised shares of Allstate from a “hold” rating to a “buy” rating in a research report on Monday, July 20th. HSBC downgraded shares of Allstate from a “buy” rating to a “hold” rating and increased their price objective for the stock from $244.00 to $264.00 in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded Allstate from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $265.53.
Get Our Latest Research Report on Allstate
Insider Transactions at Allstate In related news, insider John E. Dugenske sold 32,996 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the sale, the insider owned 13,054 shares in the company, valued at $3,515,833.82. The trade was a 71.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mark Q. Prindiville sold 1,550 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total value of $335,218.50. Following the completion of the transaction, the insider directly owned 27,558 shares of the company’s stock, valued at approximately $5,959,968.66. The trade was a 5.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 92,996 shares of company stock worth $24,543,894. Insiders own 1.55% of the company’s stock.
Allstate Company Profile (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.
See Also Five stocks we like better than Allstate Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
Investors interested in stocks from the Insurance - Property and Casualty sector have probably already heard of Allstate (ALL - Free Report) and Tokio Marine Holdings Inc. (TKOMY - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Right now, Allstate is sporting a Zacks Rank of #1 (Strong Buy), while Tokio Marine Holdings Inc. has a Zacks Rank of #5 (Strong Sell). This means that ALL's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
ALL currently has a forward P/E ratio of 7.55, while TKOMY has a forward P/E of 14.63. We also note that ALL has a PEG ratio of 0.40. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TKOMY currently has a PEG ratio of 1.40.
Another notable valuation metric for ALL is its P/B ratio of 2.06. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, TKOMY has a P/B of 2.53.
These are just a few of the metrics contributing to ALL's Value grade of A and TKOMY's Value grade of C.
ALL sticks out from TKOMY in both our Zacks Rank and Style Scores models, so value investors will likely feel that ALL is the better option right now.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Allstate (ALL - Free Report) . ALL is currently sporting a Zacks Rank #1 (Strong Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 9.21 right now. For comparison, its industry sports an average P/E of 27.04. ALL's Forward P/E has been as high as 11.84 and as low as 8.78, with a median of 10.15, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. ALL has a P/S ratio of 0.93. This compares to its industry's average P/S of 1.31.
Finally, investors will want to recognize that ALL has a P/CF ratio of 8.66. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 10.12. ALL's P/CF has been as high as 14.16 and as low as 8.07, with a median of 10.58, all within the past year.
Investors could also keep in mind Heritage Insurance (HRTG - Free Report) , another Insurance - Property and Casualty stock with a Zacks Rank of #1 (Strong Buy) and Value grade of A.
Heritage Insurance also has a P/B ratio of 2.30 compared to its industry's price-to-book ratio of 1.42. Over the past year, its P/B ratio has been as high as 2.45, as low as 1.03, with a median of 1.46.
These are only a few of the key metrics included in Allstate and Heritage Insurance strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, ALL and HRTG look like an impressive value stock at the moment.
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 18th:
Honda Motor Co. (HMC - Free Report) : This company, which is a leading manufacturer of automobiles and the largest producer of motorcycles in the world, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 79.4% over the last 60 days.
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.1%, compared with the industry average of 0.0%.
Horace Mann Educators (HMN - Free Report) : This multiline insurance holding company that targets the US educator market by providing provide retirement annuities, automobile insurance, homeowners insurance, and life insurance to elementary and secondary teachers, administrators, and education support personnel in public and private schools, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.8%, compared with the industry average of 1.9%.
Allstate (ALL - Free Report) : This company, which is a provider of residential property insurance, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.7%, compared with the industry average of 0.8%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Allegiant (ALGT - Free Report) : This company, which operates a low-cost passenger airline, has seen the Zacks Consensus Estimate for its current year earnings increasing 82.5% over the last 60 days.
Honda Motor Co. (HMC - Free Report) : This company, which is a leading manufacturer of automobiles and the largest producer of motorcycles in the world, has seen the Zacks Consensus Estimate for its current year earnings increasing 77.4% over the last 60 days.
Inspire Medical Systems (INSP - Free Report) : This medical technology company, which is focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea (OSA), has seen the Zacks Consensus Estimate for its current year earnings increasing 36.3% over the last 60 days.
American Integrity Insurance Group, Inc. (AII - Free Report) : This company, which is a provider of residential property insurance, has seen the Zacks Consensus Estimate for its current year earnings increasing 21.6% over the last 60 days.
Allstate (ALL - Free Report) : This company, which is the third-largest property-casualty (P&C) insurer and the largest publicly-held personal lines carrier in the U.S, has seen the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 day.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Baxter Bros Inc. bought a new stake in The Allstate Corporation (NYSE: ALL) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,884 shares of the insurance provider's stock, valued at approximately $1,400,000. A number of other institutional investors and
Barden Capital Management Inc. acquired a new stake in shares of The Allstate Corporation (NYSE: ALL) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,523 shares of the insurance provider's stock, valued at approximately $1,314,000. Allstate comprises about 1.2% of Barden
Insurance company Allstate is investing in quantum computing now so that the company is ready to take advantage of the technology when it arrives, Allstate Chair, President and CEO Tom Wilson told The Wall Street Journal in a report published Friday (Aug. 14). Allstate plans to expand its quantum team that currently includes 10 people.
The insurance giant's chief executive says companies that ultimately want competitive advantage from quantum need to start investing in and learning about it now.
New Allstate Claims University strengthens the expertise of 23,000 claims professionals, helping customers navigate recovery with confidence after unexpected events
Key takeaways
Allstate opens a state-of-the-art 33,000-square-foot Allstate Claims University campus in Dallas, investing in the expertise of the 23,000 claims professionals who support approximately 8.5 million claims each year. Through immersive training environments that recreate real-world home and auto damage scenarios, claims professionals build expertise that helps them assess damage more accurately and support customers through the recovery process with confidence. The investment builds on Allstate's nearly 100 years of protecting customers and reflects the company's commitment to preparing its people for what's next as homes, vehicles and repair technologies continue to evolve. , /PRNewswire/ -- Allstate today unveiled Allstate Claims University, a state-of-the-art 33,000-square-foot training campus in Dallas designed to strengthen the expertise of the claims professionals who help customers recover after accidents, storms and other unexpected events. The campus brings together nearly a century of claims experience with immersive, hands-on learning built around the real-world situations those teams encounter every day.
Property Lab
Auto Lab Allstate's 23,000 claims professionals support approximately 8.5 million claims each year, helping customers understand damage, navigate repairs and move forward after disruptions to their homes and vehicles. Through realistic home and auto damage scenarios, Allstate Claims University helps teams sharpen their skills before they arrive at a customer's home or assess a damaged vehicle. More accurate damage assessments can help customers better understand what needs to be repaired, make informed decisions and move through recovery more quickly and efficiently.
Mike Fiato, executive vice president and chief claims officer at Allstate:
"The investment in Allstate Claims University starts with our people and ends with our customers. When someone's home is damaged by a storm or their vehicle is involved in an accident, they need more than a claim processed: they need an expert who can understand what happened, explain what comes next and help them move forward. By investing in our teams, we're helping ensure customers receive the expertise, care and confidence they need when it matters most."
The centerpieces of Allstate Claims University are its hands-on Property Lab and Auto Lab. The Property Lab features two full-scale, two-story homes that recreate a range of damage scenarios, while the Auto Lab includes nearly 30 vehicles that help claims professionals better understand evolving vehicle technologies, repair methods and complex damage scenarios.
Understanding damage beyond what customers can see
The Property Lab's two full-scale homes allow claims professionals to examine both visible damage and what can happen behind walls, ceilings and floors.
One home recreates damage caused by water, fire, wind, hail and structural impacts. The other exposes the building systems and materials that are typically hidden from view. Together, they help claims professionals understand the full scope of damage, identify what may be required for repairs and explain the recovery process more clearly to customers.
Staying ahead of evolving vehicle technology
The Auto Lab was designed using insights from more than 3.5 million claims data points. It includes electric, hybrid and conventional vehicles selected to represent common and complex damage scenarios.
Claims professionals train on collision, flood, hail and structural damage, as well as repairs involving airbags, cameras, sensors and advanced driver-assistance systems. Hands-on access to diagnostic tools and repair demonstrations helps them understand how new vehicle technology can affect damage assessments and repair decisions.
Preparing for what's next
Severe weather, evolving construction methods and increasingly sophisticated vehicles are making claims more complex. Allstate Claims University gives claims professionals practical experience before they arrive at a customer's home or assess a damaged vehicle.
Through hands-on training in full-scale homes and an advanced auto lab, claims professionals learn how damage appears, spreads and affects different parts of a home, as well as how increasingly sophisticated vehicle technologies can influence repair decisions. That preparation helps teams make more informed assessments, explain repair recommendations more clearly and provide a more consistent experience throughout the recovery process.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Allstate has more than 216 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ALL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
MarketBeat Week in Review – 06/08 - 06/12Allstate NYSE: ALL reported higher second-quarter revenue, underwriting income and investment income as the insurer continued to expand policies across its auto, homeowners and protection-services businesses.
Total revenue rose 11.8% from a year earlier to $18.6 billion, while net premiums written increased 2.6%. Net income was $3.2 billion and adjusted net income was $2.3 billion, or $8.99 per share. For the first half of 2026, adjusted net income totaled $5.1 billion, or $19.65 per share.
Get Allstate alerts:
Allstate’s Comeback Is Turning Into a Profit MachineChair, President and CEO Tom Wilson said the company’s strategy centers on gaining property-liability market share, expanding its protection offerings and generating capital for growth investments, acquisitions, dividends and share repurchases. Allstate reported an adjusted net income return on equity of 44.2% over the past 12 months.
Underwriting Results Improve Allstate’s property-liability combined ratio improved by 4.5 points from the prior-year quarter to 86.6. The underlying combined ratio was 79.4, in line with the year-earlier period. Property-liability underwriting income increased nearly 57% to $2 billion.
MarketBeat Week in Review – 05/11 - 05/15President of Property-Liability Jess Merten said net premiums earned in the segment rose 4% to $14.9 billion, supported by growth in both auto and homeowners insurance.
Auto insurance recorded an 83.3 combined ratio, improving 2.7 points year over year. Homeowners insurance recorded a 94.6 combined ratio, improving 7.4 points. Lower catastrophe losses contributed 2.4 points to the overall combined-ratio improvement. Prior-year reserve re-estimates contributed 2 points, while a higher expense ratio offset 1 point of improvement. Merten said about half of the higher expense ratio reflected advertising, with most of the remainder tied to non-recurring legal expenses. He also said auto claim reserve releases totaled $1.5 billion year to date, with approximately half of bodily-injury changes relating to accident years 2023 and 2024.
Allstate’s annualized auto premium per policy was $1,486 in the second quarter, down slightly from the year-earlier period, while adjusted underlying loss and expense per policy was $1,337. The company implemented rate increases and decreases in 36 locations during the quarter, resulting in a net rate impact of zero.
On severity trends, Merten said Allstate does not provide a forward outlook, but noted that bodily-injury severity remained relatively elevated compared with physical-damage severity. He said future trends will depend on inflation affecting parts and labor as well as bodily-injury development.
Policy Growth and Distribution Expansion Total policies in force increased 3.8% to 215.9 million. Property-liability policies rose 2.6%, while Protection Services policies increased 4.1%. Issued applications increased 9.9%.
Chief Operating Officer Mario Rizzo said Allstate’s Transformative Growth initiative is supporting market-share gains through a mix of Allstate agents, independent agents and direct sales. Auto new-business volume rose to 2.3 million items in the quarter from 1.5 million three years earlier. Homeowners new business increased 46.8% to 411,000 policies.
Auto policy growth was 2.8% in the second quarter, while homeowners policy growth was 2.9%. Rizzo said the company spent $1.1 billion on advertising in the first half, citing returns on marketing investment and increased acquisition sophistication.
During the call, executives emphasized that growth is not based solely on price reductions. Wilson said the company is pursuing a “multifaceted approach” that includes customer affordability, new products, distribution expansion, marketing capabilities and claims effectiveness.
Management also discussed its approach to homeowners growth and catastrophe exposure. Wilson said Allstate is using pricing, analytics and individual-roof assessment capabilities to manage risk, while relying on a substantial catastrophe reinsurance program. He said the company does not require homeowners customers to also purchase auto insurance, although it seeks to offer customers multiple protection products.
Protection Services and Technology Investments Protection Services had 177 million policies in force and contributed $3.4 billion of top-line revenue, according to Rizzo. The segment generated more than $200 million of adjusted net income over the last 12 months.
The businesses include Allstate Protection Plans, Dealer Services, Arity, roadside assistance and Allstate Identity Protection. Rizzo said Allstate Protection Plans are distributed through more than 30 major retailers, including Walmart, Costco and The Home Depot. Allstate Identity Protection serves 3.4 million customers, while roadside assistance performs 1.75 million rescues annually.
Wilson also highlighted ALLIE, the company’s Large Language Intelligent Ecosystem, which is intended to use agentic artificial intelligence to improve customer service, reduce costs and support growth. He said Allstate has more than 250 analytical models using more than 40 petabytes of data and 1.5 billion CPU compute hours.
Wilson said the company’s existing orchestration layer, developed as part of Transformative Growth, should help accelerate ALLIE’s deployment by connecting underlying systems. He said Allstate does not use public large language models for its internal work and remains focused on cybersecurity and customer-data protection.
Investment Income, Capital and Share Repurchases Net investment income increased 33.8% to $1 billion in the quarter, reflecting a larger portfolio, longer bond duration, and higher performance-based income. President of Investments and Corporate Strategy and Interim CFO John Dugenske said trailing-12-month investment income has risen more than 57% since 2022 to nearly $3.8 billion.
The investment portfolio is 80% interest-bearing assets, with equity securities and performance-based investments providing growth-oriented exposure. Allstate increased public-equity holdings by $7.1 billion last year and lengthened bond-portfolio duration, actions that contributed to investment income and mark-to-market equity gains, management said.
Allstate returned $1.3 billion to shareholders during the quarter, including $1 billion in common-stock repurchases. The company had $2.6 billion remaining under its $4 billion repurchase authorization announced in February. Deployable capital at the holding company rose to $9.5 billion, or approximately $37 per common share outstanding.
Wilson also welcomed Chris Lown, who joined Allstate as chief financial officer during the week of the call. Dugenske will continue leading investments and corporate strategy after serving as interim CFO.
About Allstate (NYSE:ALL)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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in Allstate Right Now?Before you consider Allstate, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allstate wasn't on the list.
While Allstate currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Allstate Corporation delivered strong Q2 2026 results, driven by lower catastrophe losses, robust top-line growth, and improved underwriting profitability. ALL's combined ratio improved to 86.6% in Q2 and 84.3% for H1 2026, but these levels are not expected to be sustainable long term. Net income and ROE are currently elevated, yet earnings and profitability are projected to normalize as underwriting margins revert to historical averages.
The Allstate Corporation (ALL) Q2 2026 Earnings Call August 6, 2026 9:00 AM EDT
Company Participants
Allister Gobin - Investor Relations Officer
Thomas Wilson - Chairman of the Board, President & CEO
Jesse Merten - Executive VP & President of Property-Liability
Mario Rizzo - Executive VP & COO
John Dugenske - President of Investments & Corporate Strategy
Conference Call Participants
Charles Peters - Raymond James & Associates, Inc., Research Division
Jian Huang - Morgan Stanley, Research Division
Robert Cox - Goldman Sachs Group, Inc., Research Division
Pablo Singzon - JPMorgan Chase & Co, Research Division
Elyse Greenspan - Wells Fargo Securities, LLC, Research Division
Joshua Shanker - BofA Securities, Research Division
Andrew Kligerman - TD Cowen, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to Allstate's Second Quarter Earnings Investor Call. [Operator Instructions] As a reminder, please be aware that this call is being recorded. And now I'd like to introduce your host for today's program, Allister Gobin, Head of Investor Relations. Please go ahead, sir.
Allister Gobin
Investor Relations Officer
Good morning, everyone. Welcome to Allstate's Second Quarter 2026 Earnings Call. Yesterday, following the close of the market, we issued our news release and investor supplement and posted materials on our website at allstateinvestors.com. Today, our management team will discuss how Allstate is creating shareholder value. Then we will open up the line for your questions. As noted on the first slide of the presentation, our discussion will include non-GAAP measures for which reconciliations are provided in the news release and the investor supplement. We will make forward-looking statements about Allstate's operations. Actual results may differ materially from these statements, so please refer to our 2025 10-K and other public filings for more information on potential risks.
And now I'll turn it over to Tom.
Thomas Wilson
Chairman of the Board, President & CEO
Key Takeaways ALL posted Q2 adjusted EPS of $8.99, topping estimates by 56.1% as pretax income jumped 53.2% year over year.ALL grew net investment income 33.8% to $1 billion, driven by stronger market- and performance-based returns.Allstate boosted book value per share 49.7% year over year and returned $1.3 billion to shareholders. The Allstate Corporation (ALL - Free Report) reported a second-quarter 2026 adjusted net income of $8.99 per share, which outpaced the Zacks Consensus Estimate by 56.1%. The bottom line surged 51.3% year over year.
Operating revenues of $17.5 billion grew 4.5% year over year. However, the top line missed the consensus mark by 1.1%.
Allstate's quarterly earnings benefited from improved underwriting performance, premium growth supported by higher pricing and policy growth, robust investment income, and lower catastrophe losses, partly offset by lower adjusted net income in the Protection Services segment.
The Allstate Corporation Price, Consensus and EPS SurpriseKey Takeaways From Allstate’s Q2 ResultsProperty and casualty insurance premiums improved 4.2% year over year to $15.7 billion. Net investment income of $1 billion advanced 33.8% year over year on the back of a growing market- and performance-based portfolio. The metric beat the Zacks Consensus Estimate of $870 million. Market-based investment income rose 14.2% year over year to $837 million and performance-based investment income jumped 202.5% year over year to $239 million.
Total costs and expenses were $14.5 billion, which decreased 2.5% year over year and was lower than our estimate of $16.4 billion. The year-over-year decline was due to decreased property and casualty insurance claims and claims expenses, accident, health and other policy benefits and Pension and other postretirement remeasurement (gains) losses. Catastrophe losses of $1.4 billion dropped 12.8% year over year.
Allstate’s pretax income increased 53.2% year over year to $4.1 billion. As of June 30, 2026, total policies in force were 216 million, up 3.8% year over year.
ALL’s Segmental PerformancesThe Property-Liability segment reported premiums earned of $14.9 billion in the second quarter, up 4.4% year over year, driven by higher average premiums in homeowners insurance and growth in policies in force. However, the metric missed both the Zacks Consensus Estimate and our estimate of $15.2 billion. Underwriting income in the segment surged 56.7% year over year to $2 billion. The underlying combined ratio improved 10 basis points to 79.4%.
The Protection Services segment’s revenues advanced 7.8% year over year to $935 million, aided by Allstate Protection Plans and Roadside businesses. The metric lagged our estimate of $957 million. Adjusted net income of $53 million declined 7% year over year.
ALL’s Q2 Financial UpdateAllstate exited the second quarter with a cash balance of $840 million, up from $678 million as of 2025-end. Total assets increased to $124.8 billion from $119.8 billion at the end of 2025.
Debt remained unchanged at $7.5 billion from the 2025-end level.
Total equity increased to $33.7 billion from $30.6 billion at the end of 2025.
Book value per common share was $123.38 as of June 30, 2026, up 49.7% year over year.
ALL’s Capital DeploymentBacked by its $4.0 billion share repurchase authorization announced on Feb. 4, 2026, the company returned $1.3 billion to shareholders in the second quarter, comprising $1.0 billion in share repurchases and $280 million in dividends. The repurchase program remains in effect through Feb. 29, 2028.
ALL’s Zacks RankALL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other InsurersHere are some stocks from the broader Finance space that have also reported their quarterly results: RenaissanceRe Holdings Ltd. (RNR - Free Report) , Cincinnati Financial Corporation (CINF - Free Report) and The Hartford Insurance Group, Inc. (HIG - Free Report) . Here's how they have performed:
RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, RNR’s upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income.
Cincinnati Financial reported second-quarter 2026 operating income of $1.43 per share, which missed the Zacks Consensus Estimate by 21.4%. The bottom line declined 27.4% from the year-ago quarter. Total operating revenues for the second quarter were $3 billion, reflecting a 6.8% year-over-year increase. The figure, however, missed the Zacks Consensus Estimate by 1.4%. CINF's quarterly results benefited from strong premium growth, improved pricing, and higher net investment income. However, weaker underwriting performance, driven by higher catastrophe losses, weighed on results.
The Hartford Insurance Group delivered second-quarter 2026 earnings per share of $3.42, up 6% year over year and above the Zacks Consensus Estimate of $3.12 by 9.6%. Revenues amounted to $5.23 billion, which improved 6.8% year over year. HIG’s quarterly results benefited from higher investment income, premium growth in Business Insurance and improving Personal Insurance profitability. Strong new business expansion in Small Business and favorable pricing trends supported results. However, the upside was partly offset by an increased expense level, higher catastrophe losses and weaker Employee Benefits profitability.
Allstate (ALL - Free Report) reported $17.54 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.6%. EPS of $8.99 for the same period compares to $5.94 a year ago.
The reported revenue represents a surprise of -1.05% over the Zacks Consensus Estimate of $17.73 billion. With the consensus EPS estimate being $5.76, the EPS surprise was +56.08%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Allstate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Property-Liability - Combined Ratio: 86.6% versus the seven-analyst average estimate of 93.9%.Property-Liability - Expense Ratio: 21.8% versus the six-analyst average estimate of 21.4%.Property-Liability - Loss Ratio: 64.8% compared to the 72% average estimate based on six analysts.Allstate Protection - Auto Insurance - Combined Ratio: 83.3% compared to the 91.9% average estimate based on five analysts.Property-Liability- Net Premiums Earned: $14.92 billion versus $15.19 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +4% change.Underwriting Income- Property-Liability: $2.01 billion versus $989.25 million estimated by seven analysts on average.Property-Liability- Net Investment Income: $885 million compared to the $771.15 million average estimate based on seven analysts. The reported number represents a change of +28.8% year over year.Property-Liability- Other Revenue: $568 million versus $534.16 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.Corporate and Other- Net Investment Income: $96 million compared to the $51.74 million average estimate based on six analysts. The reported number represents a change of +159.5% year over year.Protection Services- Net Investment Income: $25 million versus $22.81 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a 0% change.Protection Services- Net Premiums Earned: $752 million compared to the $774.69 million average estimate based on five analysts. The reported number represents a change of +8.2% year over year.Revenues- Property and casualty insurance premiums: $15.67 billion versus the five-analyst average estimate of $16.08 billion. The reported number represents a year-over-year change of +4.2%.View all Key Company Metrics for Allstate here>>>
Shares of Allstate have returned +4.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Allstate (ALL - Free Report) came out with quarterly earnings of $8.99 per share, beating the Zacks Consensus Estimate of $5.76 per share. This compares to earnings of $5.94 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +56.08%. A quarter ago, it was expected that this insurer would post earnings of $7.43 per share when it actually produced earnings of $10.65, delivering a surprise of +43.34%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Allstate, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $17.54 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.05%. This compares to year-ago revenues of $16.78 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Allstate shares have added about 26.1% since the beginning of the year versus the S&P 500's gain of 13%.
What's Next for Allstate?While Allstate has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Allstate was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.54 on $18.24 billion in revenues for the coming quarter and $30.74 on $71.42 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Essent Group (ESNT - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 7.
This mortgage insurance and reinsurance holding company is expected to post quarterly earnings of $1.77 per share in its upcoming report, which represents a year-over-year change of -8.3%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level.
Essent Group's revenues are expected to be $327.93 million, up 2.8% from the year-ago quarter.
, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2026.
"Allstate delivered strong operating and financial results in the second quarter of 2026, while executing our strategic growth plans," said Tom Wilson, who leads The Allstate Corporation. "Revenues increased to $18.6 billion reflecting increased policies in force, higher average homeowners insurance prices and strong investment results. Net income was $3.2 billion and adjusted net income* was $2.3 billion, or $8.99 per diluted share. Adjusted net income return on equity* was 44.2% over the last 12 months. Share repurchases were increased to $1.0 billion for the quarter."
"Allstate creates shareholder value through operational excellence, sustainable growth and capital generation. Operational excellence is reflected in improving customer satisfaction while maintaining industry-leading Property-Liability returns. Transformative Growth is resulting in Property-Liability market share growth while Protection Services expands protection offerings. Capital generation supported organic growth, increased investment income and strong cash returns to shareholders, which were $3.5 billion, or 6.7% of market capitalization, over the last year," concluded Wilson.
Second Quarter 2026 Results
Total revenues of $18.6 billion in the second quarter of 2026 were $2.0 billion or 11.8% higher than the prior year quarter. Net income applicable to common shareholders was $3.2 billion in the second quarter of 2026, compared to $2.1 billion in the prior year quarter, reflecting strong underwriting results. Adjusted net income* was $2.3 billion, or $8.99 per diluted share, compared to $1.6 billion in the prior year quarter. The Allstate Corporation Consolidated Highlights
As of or for the three months
ended June 30,
As of or for the six months
ended June 30,
($ in millions, except per share data and ratios)
2026
2025
% / pts
Change
2026
2025
% / pts
Change
Consolidated revenues
$ 18,596
$ 16,633
11.8 %
$ 35,537
$ 33,085
7.4 %
Net income applicable to common shareholders
3,241
2,079
55.9 %
5,669
2,645
114.3 %
per diluted common share
12.51
7.76
61.2 %
21.73
9.85
120.6 %
Adjusted net income*
2,330
1,591
46.4 %
5,127
2,540
101.9 %
per diluted common share*
8.99
5.94
51.3 %
19.65
9.46
107.7 %
Return on Allstate common shareholders' equity (trailing twelve months)
Net income applicable to common shareholders
49.1 %
29.6 %
19.5
Adjusted net income*
44.2 %
28.6 %
15.6
Common shares outstanding (in millions)
253.5
263.8
(3.9) %
Book value per common share
$ 123.38
$ 82.40
49.7 %
Total policies in force (in thousands) (1)
215,935
208,051
3.8 %
(1)
Excludes policies in force related to the employer voluntary benefits and group health businesses sold in 2025.
*
Measures used in this release that are not based on accounting principles generally accepted in the United States of America ("non-GAAP") are denoted with an asterisk and defined and reconciled to the most directly comparable GAAP measure in the "Definitions of Non-GAAP Measures" section of this document.
Property-Liability earned premiums of $14.9 billion increased 4.0% in the second quarter of 2026 compared to the prior year, primarily driven by policy in force growth and higher homeowners insurance average premiums. Underwriting income was $2.0 billion compared to $1.3 billion in the prior year quarter. Property-Liability Results
As of or for the three months
ended June 30,
As of or for the six months
ended June 30,
($ in millions)
2026
2025
% / pts
Change
2026
2025
% / pts
Change
Premiums written
$ 15,431
$ 15,047
2.6 %
$ 30,056
$ 29,344
2.4 %
Premiums earned
$ 14,918
$ 14,346
4.0 %
$ 29,720
$ 28,373
4.7 %
Recorded combined ratio
86.6
91.1
(4.5)
84.3
94.2
(9.9)
Underlying combined ratio*
79.4
79.5
(0.1)
79.8
81.3
(1.5)
Catastrophe losses
$ 1,722
$ 1,990
(13.5) %
$ 2,962
$ 4,192
(29.3) %
Underwriting income
$ 2,006
$ 1,280
56.7 %
$ 4,664
$ 1,640
184.4 %
Policies in force (in thousands)
38,897
37,900
2.6 %
Premiums written increased 2.6% compared to the prior year quarter, reflecting policy in force growth and higher homeowners insurance average premiums. Property-Liability recorded combined ratio was 86.6 for the quarter, which was an improvement of 4.5 points versus the prior year quarter. The improvement was driven by lower catastrophe losses and more favorable prior year reserve releases, partially offset by higher legal expenses. Policies in force increased by 2.6%, led by growth in auto and homeowners insurance policies. Allstate-branded Affordable, Simple, Connected auto insurance products are now available in 45 states with the homeowners insurance product available in 41 states. Custom360® middle market standard and preferred auto and homeowners insurance products for the independent agent channel are available in 41 states. Allstate Protection auto insurance results reflect Transformative Growth execution, with strong profitability and policy growth, driven by expanded distribution and increased customer value. Allstate Protection Auto Results
As of or for the three months
ended June 30,
As of or for the six months
ended June 30,
($ in millions, except ratios)
2026
2025
% / pts
Change
2026
2025
% / pts
Change
Premiums written
$ 9,572
$ 9,533
0.4 %
$ 19,422
$ 19,381
0.2 %
Premiums earned
$ 9,644
$ 9,528
1.2 %
$ 19,191
$ 18,875
1.7 %
Recorded combined ratio
83.3
86.0
(2.7)
82.6
88.6
(6.0)
Underlying combined ratio*
87.6
87.8
(0.2)
88.5
89.5
(1.0)
Underwriting income
$ 1,606
$ 1,331
20.7 %
$ 3,335
$ 2,147
55.3 %
Policies in force (in thousands)
25,951
25,243
2.8 %
Written and earned premiums grew 0.4% and 1.2%, respectively, compared to the prior year quarter. The recorded auto insurance combined ratio of 83.3 in the second quarter of 2026 was a 2.7 point improvement from the prior year quarter, due primarily to the benefit of prior year reserve releases and improvement in underlying losses. The underlying auto insurance combined ratio* of 87.6 in the second quarter of 2026 was a 0.2 point improvement from the prior year quarter. This quarter benefited from 2.4 points of favorable development on claims reported in the first quarter of 2026. Auto insurance policies in force grew by 2.8% with an 8.8% increase in new business, reflecting affordability initiatives, expanded distribution, increased marketing and new products. Allstate Protection homeowners insurance remains a competitive advantage and continues to deliver profitable growth. Underwriting profit of $226 million increased from a loss of $76 million in the prior year quarter, reflecting higher earned premiums and lower catastrophe losses. Allstate Protection Homeowners Results
As of or for the three months
ended June 30,
As of or for the six months
ended June 30,
($ in millions, except ratios)
2026
2025
% / pts
Change
2026
2025
% / pts
Change
Premiums written
$ 4,752
$ 4,395
8.1 %
$ 8,493
$ 7,848
8.2 %
Premiums earned
$ 4,201
$ 3,771
11.4 %
$ 8,365
$ 7,428
12.6 %
Recorded combined ratio
94.6
102.0
(7.4)
89.1
107.1
(18.0)
Catastrophe losses
$ 1,408
$ 1,614
(12.8) %
$ 2,454
$ 3,438
(28.6) %
Underlying combined ratio*
61.5
58.6
2.9
61.0
60.5
0.5
Underwriting income (loss)
$ 226
$ (76)
NM
$ 911
$ (527)
NM
Policies in force (in thousands)
7,819
7,596
2.9 %
NM = not meaningful
Written premiums and earned premiums increased by 8.1% and 11.4% compared to the prior year quarter, respectively, due to higher average premiums and policy in force growth. A 5.8% increase in Allstate brand homeowners insurance average gross written premium compared to the prior year quarter reflects rate increases and higher home replacement costs. The recorded homeowners insurance combined ratio of 94.6 was 7.4 points below the second quarter of 2025, due to higher average earned premiums and lower catastrophe losses. Catastrophe losses of $1.4 billion in the quarter decreased 12.8% compared to the prior year. The underlying combined ratio* of 61.5 was 2.9 points above the prior year quarter, reflecting higher loss costs. Policies in force increased 2.9% compared to the prior year quarter, primarily driven by a 16.4% increase in new business, reflecting enhanced direct distribution capabilities and improved Allstate agent productivity. ----------------------------------------------------------------------------------------------------------------------------------------------------------
Protection Services is comprised of five businesses that broaden protection through embedded product offerings. Revenues increased to $935 million in the second quarter of 2026, 7.8% higher than the prior year quarter, primarily due to continued Protection Plans growth. Adjusted net income of $53 million decreased by $7 million compared to the prior year quarter, primarily due to higher Protection Plans claim costs. Protection Services Results
Three months ended June 30,
Six months ended June 30,
($ in millions)
2026
2025
% / $
Change
2026
2025
% / $
Change
Total revenues (1)
$ 935
$ 867
7.8 %
$ 1,857
$ 1,727
7.5 %
Protection Plans
615
563
9.2
1,228
1,103
11.3
Roadside
66
56
17.9
129
111
16.2
Dealer Services
147
148
(0.7)
295
294
0.3
Identity Protection
40
41
(2.4)
80
81
(1.2)
Arity
67
59
13.6
125
138
(9.4)
Adjusted net income (loss)
$ 53
$ 60
$ (7)
$ 100
$ 115
$ (15)
Protection Plans
42
51
(9)
83
96
(13)
Roadside
13
11
2
25
22
3
Dealer Services
3
4
(1)
8
8
—
Identity Protection
2
2
—
3
3
—
Arity
(7)
(8)
1
(19)
(14)
(5)
(1)
Excludes net gains and losses on investments and derivatives.
Protection Plans continued to expand distribution relationships and product offerings. Revenue of $615 million increased $52 million, or 9.2%, compared to the prior year quarter primarily due to strong international and domestic growth. Adjusted net income of $42 million in the second quarter of 2026 decreased $9 million compared to the prior year quarter primarily reflecting lower margins on major appliances. Roadside revenue of $66 million in the second quarter of 2026 increased 17.9% compared to the prior year quarter reflecting increased bundling with Allstate-branded Affordable, Simple, Connected auto insurance products and new partnerships. Adjusted net income of $13 million in the second quarter was $2 million higher than the prior year quarter. Dealer Services generated revenue of $147 million, relatively flat compared to the prior year quarter. Adjusted net income was $3 million compared to $4 million in the prior year quarter. Identity Protection revenue of $40 million in the second quarter of 2026 decreased 2.4% compared to the prior year quarter. Adjusted net income of $2 million in the second quarter of 2026 was in line with the prior year quarter. Arity revenue of $67 million increased 13.6% compared to the prior year quarter driven by higher lead generation advertising sales. Adjusted net loss was $7 million in the second quarter of 2026 compared to a loss of $8 million in the prior year quarter. -------------------------------------------------------------------------------------------------------------------------------------------------------
Allstate Investments uses a proactive approach to balancing risk and return for the $87.8 billion portfolio. Net investment income of $1.0 billion in the second quarter of 2026 increased by $255 million from the prior year quarter with contributions from both market-based and performance-based investments. Allstate Investment Results
Three months ended June 30,
Six months ended June 30,
($ in millions, except ratios)
2026
2025
$ / pts
Change
2026
2025
$ / pts
Change
Net investment income
$ 1,009
$ 754
$ 255
$ 1,947
$ 1,608
$ 339
Market-based (1)
837
733
104
1,628
1,452
176
Performance-based (1)
239
79
160
446
275
171
Net gains (losses) on investments and derivatives
$ 1,055
$ (144)
$ 1,199
$ 650
$ (493)
$ 1,143
Change in unrealized net capital gains and losses,
pre-tax (2)
$ 185
$ 492
$ (307)
$ (479)
$ 1,032
$ (1,511)
Total return on investment portfolio (2)
2.6 %
1.4 %
1.2
2.5 %
2.8 %
(0.3)
Total return on investment portfolio (2) (trailing
twelve months)
5.6 %
5.4 %
0.2
(1)
Investment expenses are not allocated between market-based and performance-based portfolios with the exception of investee level expenses.
(2)
Includes investments held for sale.
Market-based investment income was $837 million in the second quarter of 2026, an increase of $104 million, or 14.2%, compared to the prior year quarter, reflecting growth in asset balances to $78.0 billion and higher fixed income yields. Performance-based investment income totaled $239 million in the second quarter of 2026, an increase of $160 million over the prior year quarter with higher private equity and real estate income. The overall portfolio allocation to performance-based assets provides a diversifying source of attractive long-term returns; quarterly volatility in reported results is expected. Net gains on investments and derivatives were $1.1 billion in the second quarter of 2026, compared to losses of $144 million in the prior year quarter. Second quarter 2026 results primarily reflected valuation increases on public equity securities, partially offset by losses on repositioning sales and valuation and settlement of derivative instruments. Unrealized net capital losses totaled $97 million (pre-tax), a $185 million increase to the prior quarter end. Total return on the investment portfolio was 2.6% for the second quarter and 5.6% for the trailing twelve months. Proactive Capital Management
"Consistent operating performance continues to generate attractive returns and deployable capital," said John Dugenske, President, Investments and Corporate Strategy. "In the second quarter, we returned $1.3 billion to shareholders through $1.0 billion in share repurchases and $280 million in dividends. Allstate's financial strength provides flexibility to continue creating shareholder value while maintaining a resilient balance sheet," concluded Dugenske.
Visit www.allstateinvestors.com for additional information about Allstate's results, including a webcast of its quarterly conference call and the call presentation. The conference call will be at 9 a.m. ET on Thursday, August 6. Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Forward-Looking Statements
This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "seeks," "expects," "will," "should," "anticipates," "estimates," "intends," "believes," "likely," "targets" and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Allstate has 216 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
THE ALLSTATE CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)
($ in millions, except par value data)
June 30,
2026
December 31,
2025
Assets
Investments
Fixed income securities, at fair value (amortized cost, net $60,902 and $58,730)
$ 60,809
$ 59,115
Equity securities, at fair value (cost $10,071 and $8,026)
11,159
8,398
Mortgage loans, net
842
879
Limited partnership interests
8,967
8,844
Short-term, at fair value (amortized cost $4,874 and $4,888)
4,872
4,887
Other investments, net
1,153
1,114
Total investments
87,802
83,237
Cash
840
678
Premium installment receivables, net
11,864
11,474
Deferred policy acquisition costs
6,139
6,163
Reinsurance and indemnification recoverables, net
7,880
8,501
Accrued investment income
730
708
Property and equipment, net
591
627
Goodwill
3,118
3,118
Other assets, net
5,792
5,252
Total assets
$ 124,756
$ 119,758
Liabilities
Reserve for property and casualty insurance claims and claims expense
$ 40,979
$ 41,079
Unearned premiums
29,388
29,080
Claim payments outstanding
1,552
1,419
Deferred income taxes
172
227
Other liabilities and accrued expenses
11,495
9,874
Debt
7,492
7,490
Total liabilities
91,078
89,169
Equity
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized,
82.0 thousand shares issued and outstanding, $2,050 aggregate liquidation preference
2,001
2,001
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued,
254 million and 260 million shares outstanding
9
9
Additional capital paid-in
4,219
4,158
Retained income
67,504
62,393
Treasury stock, at cost (646 million and 640 million shares)
Unamortized pension and other postretirement prior service credit
10
11
Discount rate for reserve for future policy benefits
2
2
Total accumulated other comprehensive (loss) income
(193)
255
Total Allstate shareholders' equity
33,698
30,610
Noncontrolling interest
(20)
(21)
Total equity
33,678
30,589
Total liabilities and equity
$ 124,756
$ 119,758
THE ALLSTATE CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
($ in millions, except per share data)
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Revenues
Property and casualty insurance premiums
$ 15,670
$ 15,041
$ 31,223
$ 29,739
Accident and health insurance premiums and contract charges
134
235
270
722
Other revenue
728
747
1,447
1,509
Net investment income
1,009
754
1,947
1,608
Net gains (losses) on investments and derivatives
1,055
(144)
650
(493)
Total revenues
18,596
16,633
35,537
33,085
Costs and expenses
Property and casualty insurance claims and claims expense
9,862
10,249
19,047
21,064
Accident, health and other policy benefits
72
188
148
521
Amortization of deferred policy acquisition costs
2,202
2,076
4,380
4,163
Operating costs and expenses
2,315
2,135
4,540
4,380
Pension and other postretirement remeasurement (gains) losses
(146)
—
(127)
78
Restructuring and related charges
7
15
12
31
Amortization of purchased intangibles
46
57
93
116
Interest expense
96
100
194
200
Total costs and expenses
14,454
14,820
28,287
30,553
Gain on disposition of operations
—
890
—
890
Income from operations before income tax expense
4,142
2,703
7,250
3,422
Income tax expense
871
604
1,521
727
Net income
3,271
2,099
5,729
2,695
Less: Net income (loss) attributable to noncontrolling interest
—
(10)
1
(9)
Net income attributable to Allstate
3,271
2,109
5,728
2,704
Less: Preferred stock dividends
30
30
59
59
Net income applicable to common shareholders
$ 3,241
$ 2,079
$ 5,669
$ 2,645
Earnings per common share:
Net income applicable to common shareholders per common share -
Basic
$ 12.66
$ 7.86
$ 22.00
$ 9.98
Weighted average common shares - Basic
256.0
264.6
257.7
264.9
Net income applicable to common shareholders per common share -
Diluted
$ 12.51
$ 7.76
$ 21.73
$ 9.85
Weighted average common shares - Diluted
259.1
267.9
260.9
268.4
Definitions of Non-GAAP Measures
We believe that investors' understanding of Allstate's performance is enhanced by our disclosure of the following non-GAAP measures. Our methods for calculating these measures may differ from those used by other companies and therefore comparability may be limited.
Adjusted net income (loss) is net income (loss) applicable to common shareholders, excluding:
Net gains and losses on investments and derivatives Pension and other postretirement remeasurement gains and losses Amortization or impairment of purchased intangibles Gain or loss on disposition Adjustments for other significant non-recurring, infrequent or unusual items, when (a) the nature of the charge or gain is such that it is reasonably unlikely to recur within two years, or (b) there has been no similar charge or gain within the prior two years Related income tax expense or benefit of these items Net income (loss) applicable to common shareholders is the GAAP measure that is most directly comparable to adjusted net income.
We use adjusted net income as an important measure to evaluate our results of operations. We believe that the measure provides investors with a valuable measure of the Company's ongoing performance because it reveals trends in our insurance and financial services business that may be obscured by the net effect of net gains and losses on investments and derivatives, pension and other postretirement remeasurement gains and losses, amortization or impairment of purchased intangibles, gain or loss on disposition and adjustments for other significant non-recurring, infrequent or unusual items and the related tax expense or benefit of these items. Net gains and losses on investments and derivatives, and pension and other postretirement remeasurement gains and losses may vary significantly between periods and are generally driven by business decisions and external economic developments such as capital market conditions, the timing of which is unrelated to the insurance underwriting process. Gain or loss on disposition is excluded because it is non-recurring in nature and the amortization or impairment of purchased intangibles is excluded because it relates to the acquisition purchase price and is not indicative of our underlying business results or trends. Non-recurring items are excluded because, by their nature, they are not indicative of our business or economic trends. Accordingly, adjusted net income excludes the effect of items that tend to be highly variable from period to period and highlights the results from ongoing operations and the underlying profitability of our business. A byproduct of excluding these items to determine adjusted net income is the transparency and understanding of their significance to net income variability and profitability while recognizing these or similar items may recur in subsequent periods. Adjusted net income is used by management along with the other components of net income (loss) applicable to common shareholders to assess our performance. We use adjusted measures of adjusted net income in incentive compensation. Therefore, we believe it is useful for investors to evaluate net income (loss) applicable to common shareholders, adjusted net income and their components separately and in the aggregate when reviewing and evaluating our performance. We note that investors, financial analysts, financial and business media organizations and rating agencies utilize adjusted net income results in their evaluation of our and our industry's financial performance and in their investment decisions, recommendations and communications as it represents a reliable, representative and consistent measurement of the industry and the Company and management's performance. We note that the price to earnings multiple commonly used by insurance investors as a forward-looking valuation technique uses adjusted net income as the denominator. Adjusted net income should not be considered a substitute for net income (loss) applicable to common shareholders and does not reflect the overall profitability of our business.
The following tables reconcile net income (loss) applicable to common shareholders and adjusted net income (loss). Taxes on adjustments to reconcile net income (loss) applicable to common shareholders and adjusted net income (loss) generally use a 21% effective tax rate.
($ in millions, except per share data)
Three months ended June 30,
2026
2025
2026
2025
Consolidated
Per diluted common share
Net income applicable to common shareholders
$ 3,241
$ 2,079
$ 12.51
$ 7.76
Net (gains) losses on investments and derivatives
(1,055)
144
(4.07)
0.54
Pension and other postretirement remeasurement (gains) losses
(146)
—
(0.57)
—
Amortization of purchased intangibles
46
57
0.18
0.21
Gain on disposition
(1)
(893)
—
(3.33)
Income tax expense (benefit)
245
204
0.94
0.76
Adjusted net income *
$ 2,330
$ 1,591
$ 8.99
$ 5.94
Six months ended June 30,
2026
2025
2026
2025
Consolidated
Per diluted common share
Net income applicable to common shareholders
$ 5,669
$ 2,645
$ 21.73
$ 9.85
Net (gains) losses on investments and derivatives
(650)
493
(2.49)
1.84
Pension and other postretirement remeasurement (gains) losses
(127)
78
(0.49)
0.29
Amortization of purchased intangibles
93
116
0.36
0.43
Gain on disposition
(7)
(893)
(0.03)
(3.33)
Income tax expense (benefit)
149
101
0.57
0.38
Adjusted net income *
$ 5,127
$ 2,540
$ 19.65
$ 9.46
Adjusted net income (loss) return on Allstate common shareholders' equity is a ratio that uses a non-GAAP measure. It is calculated by dividing the rolling 12-month adjusted net income by the average of Allstate common shareholders' equity at the beginning and at the end of the 12-months, after excluding the effect of unrealized net capital gains and losses. Return on Allstate common shareholders' equity is the most directly comparable GAAP measure. We use adjusted net income as the numerator for the same reasons we use adjusted net income, as discussed previously. We use average Allstate common shareholders' equity excluding the effect of unrealized net capital gains and losses for the denominator as a representation of common shareholders' equity primarily applicable to Allstate's earned and realized business operations because it eliminates the effect of items that are unrealized and vary significantly between periods due to external economic developments such as capital market conditions like changes in interest rates, the amount and timing of which are unrelated to the insurance underwriting process. We use it to supplement our evaluation of net income (loss) applicable to common shareholders and return on Allstate common shareholders' equity because it excludes the effect of items that tend to be highly variable from period to period. We believe that this measure is useful to investors and that it provides a valuable tool for investors when considered along with return on Allstate common shareholders' equity because it eliminates the after-tax effects of realized and unrealized net capital gains and losses that can fluctuate significantly from period to period and that are driven by economic developments, the magnitude and timing of which are generally not influenced by management. In addition, it eliminates non-recurring items that are not indicative of our ongoing business or economic trends. A byproduct of excluding the items noted above to determine adjusted net income return on Allstate common shareholders' equity from return on Allstate common shareholders' equity is the transparency and understanding of their significance to return on common shareholders' equity variability and profitability while recognizing these or similar items may recur in subsequent periods. We use adjusted measures of adjusted net income return on Allstate common shareholders' equity in incentive compensation. Therefore, we believe it is useful for investors to have adjusted net income return on Allstate common shareholders' equity and return on Allstate common shareholders' equity when evaluating our performance. We note that investors, financial analysts, financial and business media organizations and rating agencies utilize adjusted net income return on common shareholders' equity results in their evaluation of our and our industry's financial performance and in their investment decisions, recommendations and communications as it represents a reliable, representative and consistent measurement of the industry and the company and management's utilization of capital. We also provide it to facilitate a comparison to our long-term adjusted net income return on Allstate common shareholders' equity goal. Adjusted net income return on Allstate common shareholders' equity should not be considered a substitute for return on Allstate common shareholders' equity and does not reflect the overall profitability of our business.
The following tables reconcile return on Allstate common shareholders' equity and adjusted net income (loss) return on Allstate common shareholders' equity.
($ in millions)
For the twelve months ended
June 30,
2026
2025
Return on Allstate common shareholders' equity
Numerator:
Net income applicable to common shareholders
$ 13,189
$ 5,705
Denominator:
Beginning Allstate common shareholders' equity
$ 22,018
$ 16,592
Ending Allstate common shareholders' equity (1)
31,697
22,018
Average Allstate common shareholders' equity
$ 26,858
$ 19,305
Return on Allstate common shareholders' equity
49.1 %
29.6 %
($ in millions)
For the twelve months ended
June 30,
2026
2025
Adjusted net income return on Allstate common
shareholders' equity
Numerator:
Adjusted net income *
$ 11,891
$ 5,650
Denominator:
Beginning Allstate common shareholders' equity
$ 22,018
$ 16,592
Less: Unrealized net capital gains and losses
36
(938)
Adjusted beginning Allstate common shareholders' equity
21,982
17,530
Ending Allstate common shareholders' equity (1)
31,697
22,018
Less: Unrealized net capital gains and losses
(79)
36
Adjusted ending Allstate common shareholders' equity
31,776
21,982
Average adjusted Allstate common shareholders' equity
$ 26,879
$ 19,756
Adjusted net income return on Allstate common shareholders' equity *
44.2 %
28.6 %
_______________
(1) Excludes equity related to preferred stock of $2,001 million for both periods shown.
Combined ratio excluding the effect of catastrophes, prior year reserve reestimates and amortization or impairment of purchased intangibles ("underlying combined ratio") is a non-GAAP ratio, which is computed as the difference between four GAAP operating ratios: the combined ratio, the effect of catastrophes on the combined ratio, the effect of prior year reserve reestimates, excluding catastrophes on the combined ratio, and the effect of amortization or impairment of purchased intangibles on the combined ratio. We believe that this ratio is useful to investors, and it is used by management to reveal the trends in our Property-Liability business that may be obscured by catastrophe losses, prior year reserve reestimates and amortization or impairment of purchased intangibles. Catastrophe losses cause our loss trends to vary significantly between periods as a result of their incidence of occurrence and magnitude, and can have a significant impact on the combined ratio. Prior year reserve reestimates are caused by unexpected loss development on historical reserves, which could increase or decrease current year net income. Amortization or impairment of purchased intangibles relates to the acquisition purchase price and is not indicative of our underlying insurance business results or trends. We believe it is useful for investors to evaluate these components separately and in the aggregate when reviewing our underwriting performance. The most directly comparable GAAP measure is the combined ratio. The underlying combined ratio should not be considered a substitute for the combined ratio and does not reflect the overall underwriting profitability of our business.
The following tables reconcile the respective combined ratio to the underlying combined ratio. Underwriting margin is calculated as 100% minus the combined ratio.
Property-Liability
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Combined ratio
86.6
91.1
84.3
94.2
Effect of catastrophe losses
(11.5)
(13.9)
(10.0)
(14.8)
Effect of prior year reserve reestimates, excluding catastrophes
4.6
2.6
5.8
2.2
Effect of amortization of purchased intangibles
(0.3)
(0.3)
(0.3)
(0.3)
Underlying combined ratio*
79.4
79.5
79.8
81.3
Effect of prior year catastrophe reserve reestimates
0.3
—
0.2
—
Allstate Protection - Auto Insurance
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Combined ratio
83.3
86.0
82.6
88.6
Effect of catastrophe losses
(2.2)
(2.2)
(1.6)
(2.2)
Effect of prior year reserve reestimates, excluding catastrophes
6.6
4.3
7.7
3.4
Effect of amortization of purchased intangibles
(0.1)
(0.3)
(0.2)
(0.3)
Underlying combined ratio*
87.6
87.8
88.5
89.5
Effect of prior year catastrophe reserve reestimates
(0.1)
(0.2)
(0.1)
(0.2)
Allstate Protection - Homeowners Insurance
Three months ended
June 30,
Six months ended
June 30,
2026
2025
2026
2025
Combined ratio
94.6
102.0
89.1
107.1
Effect of catastrophe losses
(33.5)
(42.8)
(29.3)
(46.3)
Effect of prior year reserve reestimates, excluding catastrophes
0.7
(0.3)
1.5
—
Effect of amortization of purchased intangibles
(0.3)
(0.3)
(0.3)
(0.3)
Underlying combined ratio*
61.5
58.6
61.0
60.5
Effect of prior year catastrophe reserve reestimates
Key Takeaways Allstate's Q2 EPS is expected to decline despite projected revenue growth and higher net premiums earned.ALL's Property-Liability underwriting income and combined ratio are expected to weaken year over year.Investment income and Protection Services gains may support results, but high costs could weigh on earnings. Insurance provider The Allstate Corporation (ALL - Free Report) is set to report its second-quarter 2026 results on Aug. 5, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $5.76 per share on revenues of $17.73 billion.
The second-quarter earnings estimate witnessed seven upward revisions against no downward movement over the past 60 days. However, the bottom-line projection indicates a year-over-year decline of 3%. Nevertheless, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year increase of 5.7%.
Image Source: Zacks Investment Research
For 2026, the Zacks Consensus Estimate for Allstate’s revenues is pegged at $71.42 billion, implying a rise of 5.3% year over year. However, the consensus mark for 2026 EPS is pegged at $30.74, implying a year-over-year decrease of 11.7%.
Allstate has a robust history of surpassing earnings estimates, beating the consensus estimate in each of the last four quarters, with the average surprise being 51.1%. This is depicted in the figure below.
Q2 Earnings Whispers for AllstateHowever, our proven model doesn’t conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That’s not the case here.
ALL has an Earnings ESP of -0.15% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
What’s Shaping Allstate’s Q2 Results?The Zacks Consensus Estimate and our model estimate for net premiums earned indicate nearly 7% year-over-year growth in the second quarter. Net investment income is expected to have received an impetus from a growing market-based portfolio. The Zacks Consensus Estimate for net investment income indicates 15.4% year-over-year growth from $754 million. These are likely to have supported its top-line growth.
The Zacks Consensus Estimate for adjusted net income from the Protection Services business indicates a 1.7% year-over-year gain. However, rising expenses are expected to have partially offset the positives. Ourmodel estimate for total costs and expenses indicates a more than 10% year-over-year increase due to higher operating costs and claims expenses.
The consensus mark for underwriting income from Property-Liability indicates a 22.7% year-over-year plunge. The combined ratio for Property-Liability is pegged at 93.9%, deteriorating from 91.1% a year ago. This means a lower portion of premiums remained with the company following claim payments.
The consensus mark for underwriting income from the Auto brand is pegged at $897.1 million for the second quarter, compared with $1.33 billion a year ago. The combined ratio in this line of business is pegged at 91.9%, deteriorating from 86% in the year-ago quarter.
How Did Other Insurers Fare This Quarter?Several insurance companies, including Marsh & McLennan Companies, Inc. (MRSH - Free Report) , AMERISAFE, Inc. (AMSF - Free Report) and RenaissanceRe Holdings Ltd. (RNR - Free Report) , have already reported their financial results for the June quarter of 2026. Here’s how they performed:
Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits.
AMERISAFE reported second-quarter adjusted earnings per share of 44 cents, missing the Zacks Consensus Estimate by 17%. The bottom line also declined 17% year over year. The quarterly result was affected by higher expenses and weaker underwriting margins, with additional pressure from lower investment income. AMSF’s strong premium growth partly offset these headwinds.
RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income.
First National Bank of Mount Dora Trust Investment Services grew its position in The Allstate Corporation (NYSE:ALL – Free Report) by 13.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,447 shares of the insurance provider’s stock after acquiring an additional 2,174 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in Allstate were worth $3,825,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in ALL. Farmers National Bank boosted its holdings in Allstate by 2.1% in the 1st quarter. Farmers National Bank now owns 26,242 shares of the insurance provider’s stock valued at $5,441,000 after purchasing an additional 548 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Allstate by 11.9% in the 1st quarter. Parallel Advisors LLC now owns 8,615 shares of the insurance provider’s stock valued at $1,786,000 after buying an additional 919 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Allstate by 12.9% in the 1st quarter. NewEdge Advisors LLC now owns 38,693 shares of the insurance provider’s stock valued at $8,023,000 after buying an additional 4,432 shares during the period. Financial Solutions Advisory Group Inc. purchased a new stake in shares of Allstate in the first quarter valued at approximately $470,000. Finally, Ipsen Advisor Group LLC boosted its stake in shares of Allstate by 2.0% in the first quarter. Ipsen Advisor Group LLC now owns 2,998 shares of the insurance provider’s stock valued at $622,000 after buying an additional 58 shares in the last quarter. 76.47% of the stock is owned by hedge funds and other institutional investors.
Allstate Stock Up 0.2% Shares of NYSE ALL opened at $264.53 on Monday. The Allstate Corporation has a 12-month low of $188.08 and a 12-month high of $277.22. The company has a market capitalization of $68.09 billion, a PE ratio of 5.84, a price-to-earnings-growth ratio of 0.45 and a beta of 0.16. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.36. The firm’s 50-day moving average is $235.94 and its two-hundred day moving average is $218.12.
Allstate Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, August 31st will be issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, August 31st. Allstate’s dividend payout ratio is 9.53%.
Wall Street Analyst Weigh In A number of analysts recently commented on ALL shares. JPMorgan Chase & Co. boosted their price objective on shares of Allstate from $263.00 to $282.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. HSBC downgraded shares of Allstate from a “buy” rating to a “hold” rating and lifted their price target for the company from $244.00 to $264.00 in a research report on Monday, July 6th. Cantor Fitzgerald boosted their price target on Allstate from $236.00 to $242.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Mizuho upped their price target on Allstate from $255.00 to $272.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Finally, Raymond James Financial lifted their price objective on Allstate from $260.00 to $300.00 and gave the stock a “strong-buy” rating in a report on Monday, July 6th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $254.80.
Read Our Latest Report on ALL
Insiders Place Their Bets In other news, Director Andrea Redmond sold 2,225 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $202.91, for a total value of $451,474.75. Following the sale, the director directly owned 2,225 shares in the company, valued at $451,474.75. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Q. Prindiville sold 1,550 shares of the stock in a transaction 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 sale, the insider directly owned 27,558 shares in the company, valued at approximately $5,959,968.66. The trade was a 5.32% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.55% of the stock is currently owned by corporate insiders.
Allstate Profile (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.
See Also Five stocks we like better than Allstate 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALL – Free Report).
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
The upcoming report from Allstate (ALL - Free Report) is expected to reveal quarterly earnings of $5.76 per share, indicating a decline of 3% compared to the year-ago period. Analysts forecast revenues of $17.73 billion, representing an increase of 5.7% year over year.
Over the last 30 days, there has been an upward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Allstate metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Property-Liability- Net Investment Income' will reach $771.15 million. The estimate indicates a change of +12.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Property-Liability- Net Premiums Earned' of $15.19 billion. The estimate points to a change of +5.9% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenues- Protection Services' should come in at $947.44 million. The estimate suggests a change of +9.2% year over year.
It is projected by analysts that the 'Property-Liability- Other Revenue' will reach $534.16 million. The estimate points to a change of +6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Allstate Protection - Auto Insurance - Combined Ratio' will likely reach 91.9%. Compared to the present estimate, the company reported 86.0% in the same quarter last year.
The consensus estimate for 'Allstate Protection - Homeowners Insurance - Loss Ratio' stands at 77.5%. Compared to the present estimate, the company reported 81.2% in the same quarter last year.
Analysts' assessment points toward 'Allstate Protection - Auto Insurance - Loss Ratio' reaching 70.6%. Compared to the current estimate, the company reported 65.0% in the same quarter of the previous year.
The average prediction of analysts places 'Allstate Protection - Homeowners Insurance - Combined Ratio' at 99.3%. The estimate compares to the year-ago value of 102.0%.
Analysts forecast 'Allstate Protection - Homeowners Insurance - Expense Ratio' to reach 21.8%. The estimate compares to the year-ago value of 20.8%.
Analysts expect 'Allstate Protection - Auto Insurance - Expense Ratio' to come in at 21.3%. The estimate is in contrast to the year-ago figure of 21.0%.
Based on the collective assessment of analysts, 'Allstate Protection Auto - Policies in force' should arrive at 25.93 million. Compared to the current estimate, the company reported 25.24 million in the same quarter of the previous year.
The consensus among analysts is that 'Allstate Protection Homeowners - Policies in force' will reach 7.79 million. The estimate compares to the year-ago value of 7.60 million.
View all Key Company Metrics for Allstate here>>>
Shares of Allstate have experienced a change of +6% in the past month compared to the -0.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ALL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Bank of America Corp DE boosted its holdings in The Allstate Corporation (NYSE:ALL – Free Report) by 8.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,913,320 shares of the insurance provider’s stock after purchasing an additional 596,321 shares during the quarter. Bank of America Corp DE owned about 3.07% of Allstate worth $1,640,748,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of ALL. Coldstream Capital Management Inc. raised its holdings in shares of Allstate by 0.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 7,809 shares of the insurance provider’s stock valued at $1,625,000 after buying an additional 50 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of Allstate by 1.6% during the fourth quarter. Compound Planning Inc. now owns 3,216 shares of the insurance provider’s stock worth $669,000 after buying an additional 50 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Allstate by 0.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 5,815 shares of the insurance provider’s stock worth $1,210,000 after buying an additional 52 shares during the last quarter. Root Financial Partners LLC increased its position in Allstate by 4.7% in the 1st quarter. Root Financial Partners LLC now owns 1,170 shares of the insurance provider’s stock valued at $243,000 after acquiring an additional 53 shares during the period. Finally, L2 Asset Management LLC raised its stake in Allstate by 4.7% during the 3rd quarter. L2 Asset Management LLC now owns 1,223 shares of the insurance provider’s stock valued at $263,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 76.47% of the company’s stock.
Analysts Set New Price Targets A number of analysts have weighed in on ALL shares. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of Allstate in a research report on Thursday, June 18th. JPMorgan Chase & Co. boosted their target price on Allstate from $263.00 to $282.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Piper Sandler restated an “overweight” rating on shares of Allstate in a research note on Thursday, May 28th. Evercore set a $240.00 price target on Allstate in a report on Friday, July 10th. Finally, Atlantic Securities set a $319.00 price objective on shares of Allstate in a research report on Wednesday, July 15th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Allstate presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.80.
View Our Latest Research Report on Allstate
Insider Activity In other Allstate news, insider Mark Q. Prindiville sold 1,550 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.27, for a total value of $335,218.50. Following the completion of the transaction, the insider directly owned 27,558 shares of the company’s stock, valued at approximately $5,959,968.66. This trade represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrea Redmond sold 2,225 shares of Allstate stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $202.91, for a total transaction of $451,474.75. Following the sale, the director owned 2,225 shares of the company’s stock, valued at approximately $451,474.75. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.55% of the company’s stock.
Allstate Price Performance Allstate stock opened at $265.22 on Friday. The company has a market cap of $68.27 billion, a P/E ratio of 5.85, a price-to-earnings-growth ratio of 0.47 and a beta of 0.16. The Allstate Corporation has a one year low of $188.08 and a one year high of $277.22. The business has a fifty day moving average of $234.98 and a two-hundred day moving average of $217.73. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.36 and a current ratio of 0.36.
Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $10.65 earnings per share for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. The business had revenue of $16.94 billion for the quarter, compared to analysts’ expectations of $15.24 billion. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.53 EPS. As a group, analysts predict that The Allstate Corporation will post 30.74 earnings per share for the current fiscal year.
Allstate Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.32 dividend on an annualized basis and a yield of 1.6%. Allstate’s payout ratio is currently 9.53%.
About Allstate (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.
Further Reading Five stocks we like better than Allstate Microsoft Just Flipped the AI Spending Narrative Overnight Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling? Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes Want to see what other hedge funds are holding ALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Allstate Corporation (NYSE:ALL – Free Report).
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEArrowstreet Capital Limited Partnership Purchases 287,150 Shares of CONMED Corporation $CNMD
NEXT HEADLINE »Bank of America Corp DE Raises Holdings in Xcel Energy Inc. $XEL
Allstate (ALL - Free Report) ended the recent trading session at $265.38, demonstrating a -3.28% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
The insurer's shares have seen an increase of 12.86% over the last month, surpassing the Finance sector's gain of 1.93% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Allstate in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. In that report, analysts expect Allstate to post earnings of $5.76 per share. This would mark a year-over-year decline of 3.03%. Simultaneously, our latest consensus estimate expects the revenue to be $17.73 billion, showing a 5.67% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $30.74 per share and a revenue of $71.42 billion, indicating changes of -11.74% and +5.26%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Allstate. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 3.33% rise in the Zacks Consensus EPS estimate. Currently, Allstate is carrying a Zacks Rank of #2 (Buy).
In the context of valuation, Allstate is at present trading with a Forward P/E ratio of 8.93. This signifies a discount in comparison to the average Forward P/E of 12.33 for its industry.
Also, we should mention that ALL has a PEG ratio of 0.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Insurance - Property and Casualty industry had an average PEG ratio of 2.96 as trading concluded yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 148, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Allstate (ALL - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this insurer have returned +12.9%, compared to the Zacks S&P 500 composite's -1.5% change. During this period, the Zacks Insurance - Property and Casualty industry, which Allstate falls in, has gained 3.7%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Allstate is expected to post earnings of $5.76 per share for the current quarter, representing a year-over-year change of -3%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.4%.
For the current fiscal year, the consensus earnings estimate of $30.74 points to a change of -11.7% from the prior year. Over the last 30 days, this estimate has changed +3.3%.
For the next fiscal year, the consensus earnings estimate of $26.57 indicates a change of -13.6% from what Allstate is expected to report a year ago. Over the past month, the estimate has changed +0.7%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Allstate.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Allstate, the consensus sales estimate for the current quarter of $17.73 billion indicates a year-over-year change of +5.7%. For the current and next fiscal years, $71.42 billion and $75.15 billion estimates indicate +5.3% and +5.2% changes, respectively.
Last Reported Results and Surprise HistoryAllstate reported revenues of $17.35 billion in the last reported quarter, representing a year-over-year change of +3.2%. EPS of $10.65 for the same period compares with $3.53 a year ago.
Compared to the Zacks Consensus Estimate of $17.7 billion, the reported revenues represent a surprise of -2.02%. The EPS surprise was +43.34%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Allstate is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Allstate. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
The market expects Allstate (ALL - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on August 5, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis insurer is expected to post quarterly earnings of $5.76 per share in its upcoming report, which represents a year-over-year change of -3%.
Revenues are expected to be $17.73 billion, up 5.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.4% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Allstate?For Allstate, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.15%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Allstate will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Allstate would post earnings of $7.43 per share when it actually produced earnings of $10.65, delivering a surprise of +43.34%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Allstate doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsSkyward Specialty Insurance (SKWD - Free Report) , another stock in the Zacks Insurance - Property and Casualty industry, is expected to report earnings per share of $1.15 for the quarter ended June 2026. This estimate points to a year-over-year change of +29.2%. Revenues for the quarter are expected to be $459.64 million, up 43.7% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Skyward has been revised 0.8% down to the current level. Nevertheless, the company now has an Earnings ESP of +1.39%, reflecting a higher Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Skyward will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Allstate (ALL - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Allstate currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market? In order to see if ALL is a promising momentum pick, let's examine some Momentum Style elements to see if this insurer holds up.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For ALL, shares are up 4.03% over the past week while the Zacks Insurance - Property and Casualty industry is up 0.53% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.5% compares favorably with the industry's 2.37% performance as well.
While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Allstate have increased 20.03% over the past quarter, and have gained 32.84% in the last year. In comparison, the S&P 500 has only moved 3.77% and 17.72%, respectively.
Investors should also take note of ALL's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now ALL is averaging 1,554,287 shares for the last 20 days..
Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with ALL.
Over the past two months, 12 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ALL's consensus estimate, increasing from $29.11 to $30.51 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been 2 downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that ALL is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Allstate on your short list.
Shares of Allstate (ALL - Free Report) have been strong performers lately, with the stock up 8.5% over the past month. The stock hit a new 52-week high of $260.65 in the previous session. Allstate has gained 24.9% since the start of the year compared to the 6.1% gain for the Zacks Finance sector and the 1.5% return for the Zacks Insurance - Property and Casualty industry.
What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 29, 2026, Allstate reported EPS of $10.65 versus consensus estimate of $7.43.
For the current fiscal year, Allstate is expected to post earnings of $30.51 per share on $71.42 in revenues. This represents a -12.4% change in EPS on a 5.26% change in revenues. For the next fiscal year, the company is expected to earn $26.57 per share on $75.15 in revenues. This represents a year-over-year change of -12.91% and 5.22%, respectively.
Valuation MetricsAllstate may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Allstate has a Value Score of A. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 8.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 11.9X. On a trailing cash flow basis, the stock currently trades at 6.8X versus its peer group's average of 10.2X. Additionally, the stock has a PEG ratio of 0.45. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Allstate an interesting choice for value investors.
Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Allstate currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Allstate passes the test. Thus, it seems as though Allstate shares could have potential in the weeks and months to come.
How Does ALL Stack Up to the Competition?Shares of ALL have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is The Travelers Companies, Inc. (TRV - Free Report) . TRV has a Zacks Rank of #2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of A.
Earnings were strong last quarter. The Travelers Companies, Inc. beat our consensus estimate by 89.08%, and for the current fiscal year, TRV is expected to post earnings of $32.49 per share on revenue of $48.83 billion.
Shares of The Travelers Companies, Inc. have gained 18.3% over the past month, and currently trade at a forward P/E of 11.92X and a P/CF of 6.05X.
The Insurance - Property and Casualty industry may rank in the bottom 60% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for ALL and TRV, even beyond their own solid fundamental situation.
Shares of The Allstate Corporation (NYSE:ALL – Get Free Report) hit a new 52-week high on Friday . The company traded as high as $258.37 and last traded at $259.2760, with a volume of 132443 shares traded. The stock had previously closed at $254.52.
Wall Street Analyst Weigh In ALL has been the subject of several research reports. Citigroup increased their target price on Allstate from $221.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Wall Street Zen upgraded Allstate from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Raymond James Financial upped their price objective on Allstate from $260.00 to $300.00 and gave the company a “strong-buy” rating in a research note on Monday, July 6th. HSBC lowered shares of Allstate from a “buy” rating to a “hold” rating and raised their price objective for the company from $244.00 to $264.00 in a report on Monday, July 6th. Finally, Mizuho lifted their target price on shares of Allstate from $255.00 to $272.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $254.80.
View Our Latest Report on ALL
Allstate Trading Up 2.2% The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The company has a market cap of $66.97 billion, a price-to-earnings ratio of 5.74, a PEG ratio of 0.45 and a beta of 0.16. The firm has a 50 day moving average price of $231.16 and a two-hundred day moving average price of $216.00.
Allstate (NYSE:ALL – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, topping analysts’ consensus estimates of $7.31 by $3.34. Allstate had a return on equity of 42.66% and a net margin of 17.81%.The company had revenue of $16.94 billion for the quarter, compared to analyst estimates of $15.24 billion. During the same period in the previous year, the firm earned $3.53 earnings per share. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. As a group, equities analysts forecast that The Allstate Corporation will post 30.51 earnings per share for the current year.
Allstate Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, August 31st will be given a $1.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $4.32 dividend on an annualized basis and a dividend yield of 1.7%. Allstate’s payout ratio is 9.53%.
Insider Transactions at Allstate In related news, Director Andrea Redmond sold 2,225 shares of Allstate stock in a transaction on Monday, June 1st. The shares were sold at an average price of $202.91, for a total transaction of $451,474.75. Following the completion of the transaction, the director owned 2,225 shares of the company’s stock, valued at $451,474.75. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Mario Rizzo sold 18,578 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.80, for a total transaction of $4,064,866.40. Following the completion of the transaction, the chief operating officer owned 82,227 shares in the company, valued at approximately $17,991,267.60. The trade was a 18.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 22,353 shares of company stock worth $4,851,560. Company insiders own 1.55% of the company’s stock.
Institutional Trading of Allstate Large investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Allstate in the fourth quarter valued at approximately $531,294,000. GQG Partners LLC grew its holdings in Allstate by 36.0% during the fourth quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock worth $1,142,449,000 after buying an additional 1,452,993 shares in the last quarter. Franklin Resources Inc. grew its holdings in Allstate by 29.2% during the fourth quarter. Franklin Resources Inc. now owns 5,007,549 shares of the insurance provider’s stock worth $1,042,321,000 after buying an additional 1,131,172 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Allstate by 1,766.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 869,139 shares of the insurance provider’s stock valued at $180,911,000 after buying an additional 822,583 shares during the last quarter. Finally, Woodline Partners LP purchased a new stake in Allstate in the 3rd quarter valued at $148,641,000. 76.47% of the stock is currently owned by institutional investors and hedge funds.
About Allstate (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.
Featured Articles Five stocks we like better than Allstate Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINELincoln Electric Holdings, Inc. $LECO Shares Sold by First Trust Advisors LP
Allstate (ALL - Free Report) ended the recent trading session at $254.52, demonstrating a +1.07% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.21% for the day. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 2.15%.
The insurer's shares have seen an increase of 7.83% over the last month, surpassing the Finance sector's gain of 2.12% and the S&P 500's gain of 0.42%.
The investment community will be closely monitoring the performance of Allstate in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2026. The company's earnings per share (EPS) are projected to be $5.61, reflecting a 5.56% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $17.73 billion, reflecting a 5.67% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $30.51 per share and a revenue of $71.42 billion, signifying shifts of -12.4% and +5.26%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Allstate. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.57% upward. As of now, Allstate holds a Zacks Rank of #2 (Buy).
In terms of valuation, Allstate is presently being traded at a Forward P/E ratio of 8.25. This valuation marks a discount compared to its industry average Forward P/E of 11.67.
It is also worth noting that ALL currently has a PEG ratio of 0.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Insurance - Property and Casualty industry currently had an average PEG ratio of 2.75 as of yesterday's close.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Assetmark Inc. lessened its stake in The Allstate Corporation (NYSE:ALL – Free Report) by 71.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 17,354 shares of the insurance provider’s stock after selling 42,801 shares during the period. Assetmark Inc.’s holdings in Allstate were worth $3,598,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Allstate by 3.7% in the 4th quarter. State Street Corp now owns 12,297,551 shares of the insurance provider’s stock valued at $2,571,600,000 after buying an additional 438,034 shares during the period. GQG Partners LLC lifted its stake in Allstate by 36.0% during the 4th quarter. GQG Partners LLC now owns 5,488,560 shares of the insurance provider’s stock worth $1,142,449,000 after acquiring an additional 1,452,993 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Allstate by 29.2% during the 4th 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. Boston Partners boosted its holdings in Allstate by 14.9% during the 3rd quarter. Boston Partners now owns 3,050,780 shares of the insurance provider’s stock valued at $654,652,000 after acquiring an additional 395,195 shares during the period. Finally, Raymond James Financial Inc. grew its position in Allstate by 3.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,793,645 shares of the insurance provider’s stock valued at $562,388,000 after acquiring an additional 88,620 shares in the last quarter. Hedge funds and other institutional investors own 76.47% of the company’s stock.
Wall Street Analysts Forecast Growth A number of brokerages have issued reports on ALL. Barclays boosted their price target on shares of Allstate from $203.00 to $213.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 7th. Cantor Fitzgerald lifted their price objective on shares of Allstate from $236.00 to $242.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Evercore set a $240.00 target price on shares of Allstate in a research note on Friday, July 10th. Morgan Stanley increased their target price on shares of Allstate from $215.00 to $240.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Finally, Roth Capital reissued a “buy” rating and issued a $275.00 price target on shares of Allstate in a research report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $254.80.
Check Out Our Latest Report on Allstate
Insiders Place Their Bets In other news, insider Mark Q. Prindiville sold 1,550 shares of Allstate stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.27, for a total transaction of $335,218.50. Following the sale, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Mario Rizzo sold 18,578 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.80, for a total value of $4,064,866.40. Following the completion of the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at $17,991,267.60. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 22,353 shares of company stock valued at $4,851,560. 1.55% of the stock is currently owned by insiders.
Allstate Stock Performance Shares of ALL opened at $252.10 on Thursday. The company has a market capitalization of $64.90 billion, a price-to-earnings ratio of 5.56, a price-to-earnings-growth ratio of 0.43 and a beta of 0.16. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The Allstate Corporation has a 52-week low of $188.08 and a 52-week high of $257.67. The stock has a 50 day moving average price of $229.54 and a 200 day moving average price of $215.33.
Allstate (NYSE:ALL – Get Free Report) last posted its earnings results on Wednesday, April 29th. The insurance provider reported $10.65 EPS for the quarter, beating analysts’ consensus estimates of $7.31 by $3.34. Allstate had a net margin of 17.81% and a return on equity of 42.66%. The firm had revenue of $16.94 billion for the quarter, compared to the consensus estimate of $15.24 billion. During the same period last year, the firm posted $3.53 EPS. The company’s revenue was up 3.0% on a year-over-year basis. Research analysts predict that The Allstate Corporation will post 30.51 EPS for the current fiscal year.
Allstate Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, August 31st will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.32 annualized dividend and a dividend yield of 1.7%. Allstate’s dividend payout ratio (DPR) is presently 9.53%.
About Allstate (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.
Read More Five stocks we like better than Allstate Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.
New community space empowers South Fulton families to connect through sport as soccer excitement builds nationwide
Key takeaways:
Allstate, in partnership with the U.S. Soccer Foundation and U.S. Men's National Team midfielder Tyler Adams, unveiled a new mini-pitch at Sandtown Park in South Fulton, Georgia. The mini-pitch creates a permanent, accessible space for local youth and families to play, build skills and connect through soccer. The Atlanta-area installation is the third activation in Allstate and Adams' effort to bring mini-pitches to communities across the country. The investment is part of Allstate's broader commitment to youth empowerment and helping young people lead on and off the pitch. , /PRNewswire/ -- Allstate, alongside the U.S. Soccer Foundation and U.S. Men's National Team midfielder Tyler Adams, announced the opening of a new mini-pitch at Sandtown Park in South Fulton, Georgia. Designed as a hard-court space for pickup games and organized play, the mini-pitch is part of a multi-year collaboration to expand access to soccer and create safe, engaging spaces for communities to come together.
Allstate and U.S. Men’s National Team midfielder Tyler Adams unveil mini-pitch in Atlanta
The mini-pitch creates a permanent, accessible space for local youth and families to play
Adams greeted dozens of children participating in a youth clinic at the mini-pitch's grand opening
Adams greeted dozens of children participating in a youth clinic at the mini-pitch's grand opening
Investing in community play spaces like the mini-pitch in South Fulton is part of Allstate's broader commitment to help young people build skills and lead in their communities.
Elizabeth Brady, Allstate chief marketing, innovation, customer and communications officer:
"Allstate invests in sports because they open doors for young people and strengthen the communities around them. This mini-pitch gives South Fulton families a welcoming place to build connections to the game and each other. From local fields to championship stages, we're proud to help create opportunities for young people to grow and lead."
Tyler Adams, U.S. Men's National Team midfielder:
"After competing on the global stage this summer, I'm reminded how much soccer has shaped who I am. With more attention on soccer after the world tournament, having a safe, local place to play can make all the difference for a kid. I'm proud to work with Allstate to help create a space where young people in South Fulton can stay active, connected and build confidence."
What is a mini-pitch and how does it support youth development?
A mini-pitch is a small, hard-court soccer field designed for communities that may not have access to full-size fields. These spaces make it easier for young people to stay active, build skills and develop confidence through play.
As part of the mini-pitch's official opening on July 21, Adams greeted dozens of children participating in a youth clinic led by grassroots partners For Soccer and Champions Soccer Academy, who coached and inspired youth from Atlanta-area organizations through a variety of soccer drills. For Soccer is a national community platform focused on accelerating the growth of soccer in the U.S. and expanding access and inclusivity for marginalized communities.
Champions Soccer Academy, a nonprofit serving South Fulton, works to help young athletes build soccer skills while fostering teamwork and sportsmanship. In addition to the unveiling and youth clinic, the event featured a community celebration with local food vendors, a DJ and inflatable soccer games, making it an engaging and interactive day to help build stronger, more connected communities.
Heath Pearce, President at For Soccer:
"The most powerful part of a mini-pitch is what happens after the unveiling. Kids come back, play with friends and feel like the game belongs to them, too. That's why partnerships like this matter. They create lasting spaces where young people can play, connect and see themselves in the future of soccer."
How is Allstate expanding access to soccer across the country?
The Atlanta-area installation is the third in a multi-year partnership between Allstate and Adams, donating a mini-pitch annually to communities across the country. Previous mini-pitches, also opened in partnership with the U.S. Soccer Foundation, were unveiled in 2025 at Bell Avenue Elementary School in Philadelphia and in 2024 at Fisher Academy in Detroit.
The investment comes as Atlanta builds on its role as a host city for major international soccer events this summer, which brought increased attention to the sport across the region. The city is also emerging as a national hub for soccer development, with continued investment in facilities, programming and community access.
Ed Foster-Simeon, president and CEO of the U.S. Soccer Foundation:
"Mini-pitches are more than just places to play. When young people have a safe space to show up, try new things and feel part of a community, it expands what they believe is possible for themselves. From Detroit to Philadelphia and now South Fulton, we're grateful to continue our partnership with Allstate and Tyler Adams to bring another safe, permanent play space to local youth and families in a rapidly growing U.S. soccer hub."
These mini-pitches are among more than 900 the U.S. Soccer Foundation has opened nationwide, including two in Poughkeepsie, New York, where Adams grew up and first played the game. By the end of the year, the Foundation plans to reach 1,000 mini-pitch installations.
How does Allstate support youth soccer and player development?
For more than two decades, Allstate has invested in soccer and collegiate sports as part of its longstanding commitment to empowering young people to lead in their communities. Through partnerships with U.S. Soccer, Major League Soccer (MLS), MLS NEXT and community programs such as Allstate Sueño Alianza, Allstate supports thousands of young athletes each year with pathways to grow as competitors and leaders. Community investments such as mini-pitches expand access locally, giving families safe places to play, build skills and stay connected to the game.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has more than 212 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
About For Soccer
For Soccer is the preeminent soccer marketing, media, and experiences company in North America, formed through the merger of For Soccer Ventures and Gilt Edge Soccer Marketing in 2023. The company's specialized services include strategic consultancy, experiential marketing, multicultural marketing, creative and content production, and media distribution. For Soccer's owned-and-operated property portfolio includes participatory events, podcasts, OTT programming, and grassroots playing programs such as Alianza, the leading national soccer platform for Hispanic communities. For more information, visit forsoccer.com.
About The U.S. Soccer Foundation
As the national leader for sports-based youth development in under-resourced areas, the U.S. Soccer Foundation is on a mission to let soccer do what it does: change absolutely everything. Founded as a legacy of the 1994 FIFA World Cup, the Foundation provides underserved communities with access to innovative play spaces and evidence-based soccer programs that instill hope, foster well-being, and help youth achieve their fullest potential. Headquartered in Washington, D.C., the U.S. Soccer Foundation is a 501(c)(3) organization. For more information, visit www.ussoccerfoundation.org or follow us on LinkedIn and Instagram.
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Allstate (ALL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Allstate is a member of our Finance group, which includes 880 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Allstate is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ALL's full-year earnings has moved 17.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, ALL has moved about 21.9% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 5.4% on average. This means that Allstate is outperforming the sector as a whole this year.
One other Finance stock that has outperformed the sector so far this year is Ameriprise Financial Services (AMP - Free Report) . The stock is up 7.3% year-to-date.
The consensus estimate for Ameriprise Financial Services' current year EPS has increased 6.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Allstate belongs to the Insurance - Property and Casualty industry, a group that includes 44 individual companies and currently sits at #154 in the Zacks Industry Rank. On average, stocks in this group have gained 0.3% this year, meaning that ALL is performing better in terms of year-to-date returns.
In contrast, Ameriprise Financial Services falls under the Financial - Investment Management industry. Currently, this industry has 37 stocks and is ranked #72. Since the beginning of the year, the industry has moved -11.5%.
Going forward, investors interested in Finance stocks should continue to pay close attention to Allstate and Ameriprise Financial Services as they could maintain their solid performance.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Allstate (ALL - Free Report) . ALL is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 9.21 right now. For comparison, its industry sports an average P/E of 26.96. Over the past year, ALL's Forward P/E has been as high as 11.84 and as low as 8.78, with a median of 10.15.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ALL has a P/S ratio of 0.96. This compares to its industry's average P/S of 1.34.
Finally, investors will want to recognize that ALL has a P/CF ratio of 8.66. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.39. ALL's P/CF has been as high as 14.16 and as low as 8.07, with a median of 10.58, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Allstate is likely undervalued currently. And when considering the strength of its earnings outlook, ALL sticks out as one of the market's strongest value stocks.
Allstate (ALL - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this insurer have returned +9.4%, compared to the Zacks S&P 500 composite's +0.5% change. During this period, the Zacks Insurance - Property and Casualty industry, which Allstate falls in, has gained 0.9%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Allstate is expected to post earnings of $5.23 per share for the current quarter, representing a year-over-year change of -12%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.4%.
For the current fiscal year, the consensus earnings estimate of $30.26 points to a change of -13.1% from the prior year. Over the last 30 days, this estimate has changed +2.8%.
For the next fiscal year, the consensus earnings estimate of $26.47 indicates a change of -12.5% from what Allstate is expected to report a year ago. Over the past month, the estimate has changed +0.3%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Allstate.
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Allstate, the consensus sales estimate for the current quarter of $17.73 billion indicates a year-over-year change of +5.7%. For the current and next fiscal years, $71.42 billion and $75.15 billion estimates indicate +5.3% and +5.2% changes, respectively.
Last Reported Results and Surprise HistoryAllstate reported revenues of $17.35 billion in the last reported quarter, representing a year-over-year change of +3.2%. EPS of $10.65 for the same period compares with $3.53 a year ago.
Compared to the Zacks Consensus Estimate of $17.7 billion, the reported revenues represent a surprise of -2.02%. The EPS surprise was +43.34%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Allstate is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Allstate. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June of $563 million or $445 million, after-tax. Total catastrophe losses for the second quarter were $1.72 billion or $1.36 billion, after-tax.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Forward-Looking Statements
This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "seeks," "expects," "will," "should," "anticipates," "estimates," "intends," "believes," "likely," "targets" and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has 212 million policies in force and is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
