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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.

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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.

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.

In the latest close session, Allstate (ALL - Free Report) was down 4.34% at $239.48. The stock's change was less than the S&P 500's daily gain of 0.38%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw an increase of 0.62%.

Prior to today's trading, shares of the insurer had gained 12.22% outpaced the Finance sector's gain of 3.3% and the S&P 500's gain of 1.61%.

Analysts and investors alike will be keeping a close eye on the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company's upcoming EPS is projected at $4.92, signifying a 17.17% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $17.73 billion, up 5.66% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $29.99 per share and revenue of $71.42 billion, indicating changes of -13.9% and +5.26%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Allstate. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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, there's been a 1.89% rise in the Zacks Consensus EPS estimate. Currently, Allstate is carrying a Zacks Rank of #3 (Hold).

Investors should also note Allstate's current valuation metrics, including its Forward P/E ratio of 8.35. For comparison, its industry has an average Forward P/E of 11.85, which means Allstate is trading at a discount to the group.

We can additionally observe that ALL currently boasts a PEG ratio of 0.44. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Insurance - Property and Casualty industry stood at 3 at the close of the market yesterday.

The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 104, finds itself in the top 43% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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) closed at $248.64 in the latest trading session, marking a -1.01% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.81%. On the other hand, the Dow registered a gain of 0.27%, and the technology-centric Nasdaq increased by 1.3%.

Coming into today, shares of the insurer had gained 12.46% in the past month. In that same time, the Finance sector gained 4.07%, while the S&P 500 gained 1.13%.

The upcoming earnings release of Allstate will be of great interest to investors. The company's earnings report is expected on August 5, 2026. In that report, analysts expect Allstate to post earnings of $4.92 per share. This would mark a year-over-year decline of 17.17%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $17.73 billion, up 5.66% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $29.8 per share and a revenue of $71.42 billion, indicating changes of -14.44% and +5.26%, respectively, from the former year.

Investors should also pay attention to any latest changes in analyst estimates for Allstate. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.27% increase. As of now, Allstate holds a Zacks Rank of #3 (Hold).

Digging into valuation, Allstate currently has a Forward P/E ratio of 8.43. This denotes a discount relative to the industry average Forward P/E of 12.09.

It is also worth noting that ALL currently has a PEG ratio of 0.44. 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 2.54 as trading concluded yesterday.

The Insurance - Property and Casualty industry is part of the Finance sector. With its current Zacks Industry Rank of 150, this industry ranks in the bottom 40% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Allstate (ALL 0.11%) is an insurance company. The insurance model is fairly simple when viewed at a high level. Essentially, Allstate collects insurance premiums up front and agrees to pay insurance claims in the future, if any arise. There will always be some number of claims, but a quiet catastrophe year so far in 2026 is likely to be very good news for the company's earnings. Here's why.

What's happened so far in 2026? In the first quarter of 2026, Allstate's catastrophe losses totaled roughly $1.2 billion. That was down a huge a huge 43% from the same quarter in 2025. In May, catastrophe losses were $289 million, bringing the total for April and May to roughly $1.2 billion. Like the first quarter, that's down from 2025, when the insurer's May catastrophe losses were $777 million, and the April and May total was nearly $1.4 billion.

Image source: Getty Images.

Paying out less in claims is good news for everyone. None of the company's customers wants to have an incident that requires a claim, and the fewer claims Allstate has to pay, the more premium income it keeps. Notably, the claims the insurance company has to cover play an integral role in its combined ratio. The more money that goes to pay claims, the closer the combined ratio gets to 100%. Lower numbers are better; those below 100% indicate the company is turning a profit.

How is Allstate doing so far in 2026? In the first quarter of 2026, Allstate's combined ratio was 80.3%, an improvement from 83.1% in the same quarter of 2025. That shows the impact the year-over-year decline in catastrophe claims had in the first quarter. Given that claims are running below last year in April and May, it is likely that the combined ratio will be strong again when the company reports second-quarter results.

Today's Change

(

-0.11

%) $

-0.29

Current Price

$

251.17

At the same time, the company's underlying business continues to do well. Policies in force increased 2.3% year over year in the first quarter of 2026 and were 2.4% higher in May. So there's a second tailwind for earnings here, as well.

Which brings up the first quarter's actual earnings numbers. Allstate's first quarter 2025 adjusted earnings were $3.53 per share, with 2026's tally jumping to $10.65. There's no way to know if the second quarter will be as strong as that, but directionally, Allstate's low catastrophe losses in April and May suggest that the quarterly earnings release will still be good reading.

, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) announced the schedule for its second-quarter 2026 financial results and earnings conference call.

Allstate Q2 2026 Earnings Call and Release Schedule

Earnings Release Date: Wednesday, August 5, 2026, after 4:15 p.m. ET Earnings Call Date: Thursday, August 6, 2026, at 9 a.m. ET Where to Listen: www.allstateinvestors.com Financial Results Release (Form 8-K)
Allstate will file its Q2 2026 financial results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, August 5, 2026. The earnings release and investor supplement will be accessible immediately afterward on the SEC website (www.sec.gov) and the Allstate Investor Relations website (www.allstateinvestors.com).

Live Webcast and Conference Call Details
Management will host a live conference call and webcast to discuss the second-quarter results at 9 a.m. ET on Thursday, August 6, 2026. Join the live webcast or access the replay shortly after the call concludes by visiting the Allstate Investor Relations website.

Additional Investor Resources
Through the Allstate Investor Relations website, shareholders can:

View the Q2 2026 Form 8-K, earnings release and investor supplement. Subscribe to Allstate's email alerts and RSS feeds for real-time financial news and material announcements. View preliminary dates and times for future earnings calls and webcasts. 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. 

SOURCE Allstate Insurance Company

Brownsville, Texas, again ranks as the safest city, with Boston as the most collision-prone

Key takeaways:

For the second straight year, Brownsville, Texas, ranks as the safest city, with drivers going nearly 15 years between collisions. Boston remains the most collision-prone at just 3.76 years. Drivers in the safest cities are nearly four times less likely to experience a crash. Waco, Texas, made the largest improvement year over year (+40 spots), while Detroit saw the steepest decline (-38 spots). About one-third of cities moved 10 spots or more and three new cities entered the top or bottom 10, showing how changing traffic patterns and behavior impact risk. New insights from Drivewise®, available in the Allstate mobile app, show how habits like speeding, hard braking, phone use and nighttime driving influence risk across the country. These are behaviors drivers can control to lower their chances of a crash and help avoid the out-of-pocket and insurance costs that often follow. , /PRNewswire/ -- Drivers in the safest U.S. cities can go years longer between collisions, reducing risk and helping keep insurance costs more manageable, according to Allstate's 2026 America's Best Drivers Report. The report highlights how location and everyday driving habits influence both safety and, in turn, the costs drivers may ultimately face.

Texas again has multiple cities among the safest drivers in the nation, while Massachusetts cities including Boston, Worcester and Springfield rank highest for crash risk. The report answers a key question for drivers: How likely am I to experience a crash where I live, and how can I reduce my risk?

Now in its 18th year, the report ranks the 200 largest U.S. cities based on auto insurance claims data and includes insights from Drivewise, available in the Allstate mobile app. Drivewise provides feedback on behaviors such as speeding, braking and phone use to help drivers improve how they drive.

Together, the data shows how often crashes occur and highlights behaviors that increase risk, giving drivers actionable ways to stay safer, avoid the costs associated with collisions and help lower their insurance costs over time.

Laura Hoffman, vice president of auto design and telematics at Allstate:
"Where you drive plays a role in your risk, but how and when you drive matters just as much. By pairing claims data with driving insights such as speeding, hard braking and phone use from Allstate's Drivewise, we're helping drivers take simple steps to prevent crashes and keep insurance costs down."

Top 10 safest cities for drivers

Ranked by Allstate claims data and the highest average years between collisions

Ranking

City

Average
years
between
collisions

Relative collision
likelihood (to
national average)*

Change in
ranking
(2025-2026)

1

Brownsville, TX

14.99

-27.5 %

0

2

Fort Collins, CO

14.96

-27.4 %

1

3

Boise, ID

14.07

-22.8 %

-1

4

Laredo, TX

13.82

-21.4 %

1

5

Cary, NC

12.82

-15.2 %

-1

6

Madison, WI

12.81

-15.2 %

3

7

McAllen, TX (New to top 10)

12.76

-14.9 %

4

8

Colorado Springs, CO (New to top 10)          

12.68

-14.4 %

15

9

Eugene, OR

12.68

-14.3 %

1

10

Olathe, KS

12.51

-13.1 %

-4

Top 10 riskiest cities for drivers

Ranked by Allstate claims data and the lowest average years between collisions

Ranking

City

Average
years
between
collisions

Relative collision
likelihood (to
national average)*

Change in
ranking
(2025-2026)

200

Boston, MA

3.76

+188.7 %

0

199

Washington, DC

4.24

+156.3 %

0

198

Baltimore, MD

4.49

+142.1 %

0

197

Worcester, MA

5.14

+111.2 %

0

196

Springfield, MA

5.18

+109.6 %

0

195

Glendale, CA

5.53

+96.5 %

0

194

Providence, RI

5.87

+85.1 %

-2

193

Sunrise Manor, NV (New to top 10)

5.95

+82.6 %

-3

192

Los Angeles, CA

5.99

+81.5 %

2

191

Philadelphia, PA

6.12

+77.6 %

0

*Values represent variance from the U.S. average (0); negative values indicate lower likelihood, positive
values indicate higher likelihood.

Driving by the numbers: Where are the safest and most collision-prone cities?
For the second straight year, Brownsville, Texas, ranks as the safest city, with drivers going nearly 15 years between collisions, while Boston remains the most collision-prone, with drivers averaging 3.76 years between collisions. Boston drivers are 189% more likely to experience a collision than the national average, which can lead to higher costs, including repairs and insurance prices.

Texas and Colorado cities lead the best drivers list, with McAllen, Texas, and Colorado Springs, Colorado, entering the top 10. The Northeast is home to seven of the 10 riskiest cities, including Washington, D.C., Baltimore and Philadelphia, with Sunrise Manor, Nevada, joining this year.

Big swings in rankings show how quickly positions can change. Waco, Texas, climbed 40 spots year over year, the biggest improvement. Other cities making big gains include Savannah, Georgia (+30), New Orleans, Louisiana (+29), and Kansas City, Kansas (+29).Detroit, Michigan, saw the biggest slide, dropping 38 spots. Rockford, Illinois (-34), Arlington, Virginia (-20), Tampa, Florida (-19), and Anchorage, Alaska (-18) also fell, showing how changes in traffic patterns and driving conditions can influence rankings over time.

Regional patterns continue to shape the rankings. Georgia cities were among the most improved, with Savannah, Macon and Columbus climbing 20 spots or more. The Midwest saw some of the biggest drops in the rankings, including Omaha (-16), Milwaukee (-15), Chicago (-13) and Indianapolis (-11). Driving by the numbers: What does Drivewise data reveal about driver behavior?
New insights from Drivewise, available in the Allstate mobile app, show how habits like speeding, hard braking, phone use and nighttime driving influence driving risk across the country. Drivewise helps drivers understand these patterns in real time to help lower their chances of a collision and save money.

Nighttime driving is highest in Washington, D.C., Las Vegas and New York City. Washington, D.C. and Northern Virginia, including Alexandria and Arlington, and the Las Vegas Valley are among the highest for nighttime driving. Nighttime driving can increase risk due to reduced visibility and a higher likelihood of fatigue or impaired driving. Phone use is elevated in major metros. Cities like Miami, Chicago, Washington, D.C. and Boston are among the highest for phone use while driving, showing how distraction is more prevalent in dense, urban environments. Speeding varies by market. Bridgeport, Connecticut, has the highest levels of speeding, followed by Pittsburgh, Indianapolis, Chicago and three Alabama cities — Mobile, Birmingham and Huntsville. Speeding can reduce driver reaction time and make collisions more severe. Hard braking is most elevated in Arizona and North Carolina. The highest rates of hard braking are in North Carolina and Arizona, with Raleigh, Fayetteville and Durham, North Carolina, and Chandler, Glendale, Tempe, Mesa and Gilbert, Arizona, all among the highest. Hard braking can signal stop-and-go driving or close following, which may increase collision risk. Helping drivers stay safer: What tools and protections can help?
No matter where you live, small changes behind the wheel can reduce crash risk, and Allstate offers tools designed to help drivers understand and improve their driving before a collision happens.

"You don't have to overhaul your driving habits to make a difference," said Hoffman. "Simple steps like slowing down, staying focused and giving yourself space can go a long way in helping reduce risk."

Tools that help drivers stay safer on the road
Allstate's Drivewise gives drivers visibility into their driving behavior and helps them improve over time and recover from a collision by offering:

Driving scores in the Allstate mobile app on speed, braking and phone use, with insights after each trip to help drivers identify risky habits and make safer choices on their next drive. Progress tracking that shows trends in driving behavior and helps reinforce safer habits to reduce crash risk, out-of-pocket costs and insurance prices. Crash detection features that can quickly connect drivers to help after a collision, reducing stress and helping speed recovery. Protections that help reduce the financial impact of a crash
Allstate also offers optional features that can help drivers recover more quickly after a crash and reduce the financial strain that can follow. These are part of a broader set of options that give customers more ways to stay protected before and after an incident, including:

Accident Forgiveness helps prevent a driver's car insurance rate from increasing just because of an accident. This helps reduce the long-term financial impact of a mistake. Transportation Expense Coverage provides a set amount of money after a covered crash that drivers can use for a rental car, rideshare or other transportation while their vehicle is being repaired. Find more safety tips, the full list of cities and additional insights from the report at www.allstate.com/best-drivers, or visit www.allstate.com to learn more.

Drivers can also download the Allstate mobile app to access Drivewise and better understand their behavior behind the wheel.

What is the Allstate America's Best Drivers Report?
Allstate America's Best Drivers Report is an annual study that sheds light on driving safety trends across the country to help educate drivers, encourage safer habits and support a broader conversation about road safety. By analyzing auto claims data from the 200 most populous U.S. cities, the report identifies where drivers are more and less likely to experience a collision compared with the national average. This year marks the 18th edition of the report.

How does Allstate rank cities?
Cities are ranked using Allstate auto claims data to compare collision trends across the 200 most populous U.S. cities. Rankings are based on property damage claim frequency, reflecting how often drivers cause damage to others. Results are expressed as average years between collisions and likelihood compared with the U.S. average.

A collision is defined as any auto crash resulting in a property damage or collision claim.

What data is used in the report?
The rankings are based on property damage claim frequency from claims reported over a two-year period from January 2023 through December 2024, reflecting how often drivers cause damage to others. Allstate policies represent approximately 10% of all U.S. auto policies, making the report a broad snapshot of driving trends across the country.

Overall claims data is also used to inform national benchmarks, such as the average years between collisions, providing a more complete picture of crash frequency and helping put city-level rankings in a broader national context.

What's new in 2026?
The 2026 report continues to use claims data as the foundation for the rankings. This year, it also includes Drivewise behavioral insights, including speeding, hard braking, phone use and nighttime driving, to provide additional context behind the results. These insights, based on aggregated and anonymized Drivewise data collected from January 2025 through December 2025, help illustrate how driving habits can vary across cities but are not used to determine rankings.

What is Drivewise, and how is it used in this report?
Drivewise, available in the Allstate mobile app, helps drivers better understand their driving habits and supports a more personalized auto insurance rate. It provides behavior-based insights on drivers' phone use, speeding, braking and nighttime driving. In this report, those insights are used to help explain patterns in the rankings, not as a separate scoring or ranking system.

Does Allstate use this report to set auto insurance rates?
No. The report and its rankings are not used to set auto insurance rates. It is designed to provide insight into driving trends and encourage safer driving behaviors. Rates are based on a range of factors, which may include underlying claim trends and driving-related data, among other considerations used to assess risk.

Methodology
The 2026 Allstate America's Best Drivers Report analyzes Allstate auto claims data to compare collision trends across the 200 most populous U.S. cities. Rankings are based on property damage claim frequency, reflecting how often drivers cause damage to others. Results are expressed as average years between collisions and likelihood compared with the U.S. average. Likelihood values use a U.S. baseline of 0, where negative values indicate lower-than-average likelihood and positive values indicate higher-than-average likelihood.

Allstate analyzed property damage claims reported during the two-year period from January 2023 through December 2024 to rank cities. The company also reviews overall claims data, including both property damage and collision claims, to inform national benchmarks, such as the average years between collisions. A collision is defined as any auto crash resulting in a property damage or collision claim. U.S. Census Bureau data was used to identify the 200 largest U.S. cities. According to Allstate claims data, the average U.S. driver experiences a collision once every 10.86 years. Allstate's auto policies represent approximately 10% of all U.S. auto policies, making the report a realistic snapshot of driving trends across the country.

Drivewise behavioral metrics, including phone use, speeding, hard braking and nighttime driving, are included as aggregated context to help explain patterns observed in the claims data. These insights are based on aggregated and anonymized Drivewise data collected from January 2025 through December 2025, providing a more recent view of driving behaviors. They are used to illustrate how driving habits vary across cities, rather than to rank them. Drivewise behavioral metrics are expressed as indices benchmarked to a U.S. average of 100, using a trip-distance-weighted average across cities, where values above 100 indicate higher rates of the behavior and values below 100 indicate lower rates. Speeding reflects the share of miles driven 15 mph or more over the posted speed limit, hard braking captures sudden braking events per 100 miles driven, phone use reflects phone unlock events while driving, and nighttime driving represents the share of miles driven during overnight or low-light hours.

In Michigan, where a no-fault insurance system changes how certain claims are recorded, results are included but may not be directly comparable to other states.

The Allstate America's Best Drivers Report is produced to support a broader conversation about safe driving and to increase awareness of the importance of attentive driving habits. The report is not used to determine auto insurance rates.

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.

SOURCE Allstate Insurance Company

Allstate (ALL - Free Report) ended the recent trading session at $237.94, demonstrating a -1.43% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.79%. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.

The insurer's shares have seen an increase of 16.49% over the last month, surpassing the Finance sector's gain of 2.74% and the S&P 500's loss of 1.82%.

Market participants will be closely following the financial results of Allstate in its upcoming release. It is anticipated that the company will report an EPS of $4.9, marking a 17.51% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $17.73 billion, showing a 5.66% escalation compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $29.75 per share and revenue of $71.56 billion, indicating changes of -14.59% and +5.46%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Allstate. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.08% higher. Allstate currently has a Zacks Rank of #3 (Hold).

Looking at its valuation, Allstate is holding a Forward P/E ratio of 8.11. This indicates a discount in contrast to its industry's Forward P/E of 11.68.

Investors should also note that ALL has a PEG ratio of 0.43 right now. 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 average PEG ratio for the Insurance - Property and Casualty industry stood at 2.45 at the close of the market yesterday.

The Insurance - Property and Casualty industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 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.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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Key Takeaways CSU forecasts a milder 2026 hurricane season, with 11 named storms, five hurricanes and two major hurricanes.PGR, ALL, HCI and PLMR are backed by stronger pricing, disciplined underwriting and healthy capital positions.Insurers are using analytics, AI and connected data to improve risk selection, claims efficiency and costs. Colorado State University (CSU) expects the 2026 hurricane season to be milder than normal, forecasting 11 named storms, including five hurricanes and two major hurricanes. The Atlantic hurricane season generally runs from June through November, with peak activity in August and September, making the third quarter particularly important for property and casualty insurers.

Despite catastrophe-related risks, insurers such as HCI Group (HCI - Free Report) , The Progressive Corporation (PGR - Free Report) , The Allstate Corporation (ALL - Free Report) and Palomar Holdings (PLMR - Free Report) are expected to remain resilient, supported by stronger pricing, disciplined underwriting, favorable reserve development, increased exposure and healthy capital positions.

According to Aon, natural disasters caused global economic losses of $260 billion last year, while insured losses exceeded $127 billion. Yet the industry generated an estimated net underwriting gain of $63 billion in 2025, significantly higher than $23 billion in 2024, per Verisk. The combined ratio improved to 92.9% from 96.6%, benefiting from relatively lower catastrophe losses. However, Swiss Re projects the combined ratio to deteriorate by 50 basis points to 99% in 2026 as catastrophe pressures normalize. Insurance Information Institute and Milliman expect personal lines insurers to face higher catastrophe-related losses, which could weigh on underwriting profitability.

Although incurred losses and loss adjustment expenses declined, industry net income fell 12.4% year over year to $148 billion in 2025, while policyholders’ surplus increased 9.1% to $1.2 trillion, reflecting strong capitalization per Verisk report.

In the first quarter of 2026, Aon estimated catastrophe-related economic losses at $37 billion, with insured losses of roughly $20 billion from storms and floods. Nonetheless, better pricing and frequent natural disasters are supporting policy renewals and improving insurers’ ability to absorb catastrophe losses.

At the same time, Marsh’s Global Insurance Market Index reported a 5% decline in global commercial insurance rates in first-quarter 2026, marking the seventh consecutive quarter of pricing moderation due to stronger competition, favorable claims trends and improved reinsurance conditions.

Still, prudent pricing remains essential, as accurately priced portfolios improve loss ratios and support efficient capital deployment. Fitch Ratings noted continued strength in personal auto insurance driven by stronger investment income and lower claims frequency. S&P Global expects underwriting profitability to stabilize as insurers balance growth and pricing discipline. Swiss Re forecasts 4% premium growth in 2026, while Deloitte projects global insurance premiums to reach $722 billion by 2030.

Meanwhile, technology adoption across the industry continues to accelerate. Insurers are investing heavily in digital platforms, advanced analytics and generative AI to improve underwriting precision, claims efficiency, scalability and overall operating performance.

Stocks in FocusCatastrophe events are driving higher policy renewal rates and stronger pricing power for Zacks Property and Casualty Insurance industry players. At the same time, advanced analytics, AI, and connected data are improving risk selection, reducing fraud, enhancing claims efficiency, and lowering costs, supporting stronger underwriting margins and profitability. With the help of the Zacks Stock Screener, we have selected four stocks that carry a favorable Zacks Rank and have witnessed upward estimate revisions.

 HCI Group, a Zacks Rank #2 (Buy) Florida-focused insurance business, has been growing its homeowners business, acquiring profitable books of business, proactively managing risk and loss costs and deploying excess capital into investments and growth initiatives. The company also benefits from favorable industry dynamics as larger national insurers continue reducing exposure in high-risk coastal markets, creating opportunities for premium growth and market share expansion. Additionally, HCI’s real estate and technology subsidiaries provide diversification beyond traditional insurance operations.

Though estimates for its 2026 bottom line indicate a 20.5% year-over-year decline, they have moved 1.4% north over the past 30 days, reflecting analysts' optimism. It has a VGM Score of B.

Progressive is one of the country’s largest auto insurance groups, the largest seller of motorcycle and boat policies, the market leader in commercial auto insurance and one of the top 15 homeowners carriers based on premiums written. A solid market presence, a convincing portfolio of products and services, and underwriting and operational expertise should help this insurer deliver steady profitability.

Progressive’s leadership in Personal Auto remains a major driver of long-term growth. Its growth strategy is its push toward bundled offerings, particularly auto and home bundles, which deepen customer engagement and improve retention economics. Also, technology remains at the core of Progressive’s competitive edge. It has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Estimates for PGR’s 2026 bottom line have risen 2.7% over the past 30 days but suggest a 7.8% decrease from the year-ago reported number. Its expected long-term earnings growth is pegged at 1.9%. It has a VGM Score of B.

Allstate is the third-largest property and casualty insurer and the largest publicly traded personal lines insurer in the United States. The company is currently executing a strategic transformation to become a more cost-efficient and digitally enabled insurer with broad distribution capabilities. Its auto insurance business recently regained targeted profitability, while the homeowners segment continues to deliver stable and attractive returns. The company has been restructuring its portfolio to prioritize its personal property-liability operations. Allstate is also expanding its Protection Services segment to create additional growth opportunities beyond traditional insurance. ALL carries a Zacks Rank #3.

Though estimates for its 2026 bottom line indicate a 15.2% year-over-year decline, the same have moved 1.5% north over the past 30 days, reflecting analysts' optimism. It has a VGM Score of B.

Palomar Holdings is a rapidly growing and profitable insurance holding company focused on the provision of catastrophe insurance for personal and commercial property. Premium growth across lines, expanding fee income, rising investment yield and disciplined reinsurance will sustain earnings momentum.

Palomar’s fee-based platform, PLMR-FRONT, is positioned to drive medium-term growth. The addition of this revenue stream is expected to strengthen its earnings foundation. PLMR identifies Surety as an attractive long-term growth opportunity. Like crop insurance, Surety is not correlated with the traditional property and casualty insurance cycle, offering diversification and stability. The stock carries a Zacks Rank #3.

Estimates for Palomar’s 2026 bottom line have moved 1.1% north over the past 30 days, implying a 25.3% increase from the year-ago reported number. It has a Growth Score of A.

Published in insurance

Key Takeaways Commercial insurance pricing softened again, but U.S. casualty rates stayed firm.Catastrophe losses were moderate in Q1, easing pressure on underwriting results.Aflac, Allstate and Everest are all expected to witness significant earnings growth. The first-quarter 2026 earnings season is in full swing, and attention is now turning to the insurance industry. Several major S&P 500 players, including Marsh and The Hartford, have already posted results reflecting strong year-over-year growth, setting a constructive tone for the sector. With momentum building, the focus now shifts to the next wave of reports from Aflac Incorporated (AFL - Free Report) , The Allstate Corporation (ALL - Free Report) and Everest Group, Ltd. (EG - Free Report) , all due tomorrow. Before diving into their specifics, it’s worth examining the broader industry backdrop shaping investor sentiment.

The Insurance space belongs to the Finance sector (one of the 16 broad Zacks sectors within the Zacks Industry classification), whose overall earnings are projected to jump 27.3% from the year-ago quarter. Revenues are expected to grow 9.7%, as indicated by our latest Earnings Preview.

The Insurance Industry Setup Ahead of Q1 ReportsThe first-quarter earnings for insurance companies are expected to reflect uneven results, with profitability increasingly tied to underwriting discipline, cost control and product mix. Global commercial insurance pricing softened, marking the seventh straight quarter of decreases, per the Global Insurance Market Index released by Marsh. Abundant capacity and competition in most product lines are pushing rates lower. However, U.S. casualty line rates continued upward momentum due to claims frequency and severity.

Customer retention remains one of the top priorities for U.S. insurers, alongside rate competitiveness and digital engagement, which is boosting claims experience through fast and transparent claims handling. In Insurtech, capital is flowing more selectively, favoring larger, scalable startups with clear technology use cases. Although rising operating expenses remain a watch point for insurers, efficiency gains from Insurtech integration and automation mitigated some cost pressures.

Encouragingly, Q1 2026 Gallagher Re Natural Catastrophe and Climate Report shows that global natural catastrophe activity and losses in the first quarter were relatively moderate compared with historical norms. Total direct economic losses were estimated at around $58 billion, with approximately $20 billion of that absorbed by insurers and public entities. The first quarter marked the lowest insured loss totals in several years. While there was a noticeable ramp-up in severe convective storm activity late in the period, the overall loss costs remained manageable in the absence of an exceptionally high-cost event.

Insurers are expected to have balanced yield opportunities with liquidity and risk management, avoiding overextension into high-risk assets while capturing higher returns where appropriate. The high-for-long interest rate environment, although off recent peaks, pushed insurers to reinvest in higher-yield fixed income securities, supporting investment income.

With Aflac, Allstate and Everest Group on deck, investors are eager to see whether these macro and industry dynamics can translate into another round of earnings beats.

What’s in Store for AFL, ALL & EG on April 29?Our proprietary model clearly indicates that a company needs to have the right combination of two key elements — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — to increase the odds of an earnings beat.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Against the above backdrop, let’s find out how the following three companies are placed ahead of their March-quarter earnings release tomorrow.

Aflac: The company is expected to have benefited from improving trends in its Japan segment. Aflac Japan is projected to deliver 10.9% growth in pre-tax adjusted earnings.The total benefit-to-premium ratio for the segment stands at 62.4, down from 65.8 in the year-ago period. The Zacks Consensus Estimate for pre-tax adjusted earnings from Aflac U.S. indicates 0.3% year-over-year growth.

The Zacks Consensus Estimate for the first-quarter earnings stands at $1.81 per share, which indicates 9% growth from a year ago. Aflac’s earnings beat the Zacks Consensus Estimate in two of the last four quarters and missed twice, the average surprise being 8.3%. The consensus mark for revenues is pegged at $4.29 billion, signaling a 0.8% decline.

Our proven model predicts a likely earnings beat for Aflac this time around, as the stock has an Earnings ESP of +0.62% and a Zacks Rank #3. (Read More: Can Aflac's Japan Business Help Deliver a Quack-worthy Q1 Beat?)

You can see the complete list of today’s Zacks #1 Rank stocks here.

Allstate: This leading P&C insurer’s first-quarter revenues are expected to have been supported by nearly 8% net premiums earned growth. The Zacks Consensus Estimate for net investment income indicates 4.8% year-over-year growth from $854 million. The combined ratio for Property-Liability is pegged at 88.6%, improving from 97.4% a year ago. However, we expect interest expenses to increase 4.4% year over year in the first quarter.

The Zacks Consensus Estimate for the first-quarter earnings and top line is pegged at $7.43 per share and $17.7 billion, respectively, indicating an earnings surge of 110.5% and a revenue increase of 5.4% from the corresponding year-ago quarter’s readings. Allstate’s bottom line beat the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 54.3%.

Our proven model predicts a likely earnings beat for Allstate this time around as well, as the stock has an Earnings ESP of +0.04% and a Zacks Rank #3.

Everest Group: The Zacks Consensus Estimate for EG’s net investment income indicates 4.5% year-over-year growth, driven by higher fixed maturities, improved income from limited partnerships and stronger returns from alternative investments. The consolidated combined ratio is pegged at 94.2%, a significant improvement from the year-ago level of 102.7%. However, the consensus estimate for premiums earned points to a 0.5% decline year over year.

The Zacks Consensus Estimate for the first-quarter earnings and top line stands at $14.03 per share and $4.41 billion, respectively, indicating an earnings surge of 117.5% and revenue growth of 3.4% from the corresponding year-ago quarter. Everest Group’s earnings beat the Zacks Consensus Estimate in one of the last four quarters and missed thrice, the average surprise being negative 10.8%.

Our proven model predicts a likely earnings beat for EG this time around, as the stock has an Earnings ESP of +0.54% and a Zacks Rank #3.

With all three stocks carrying positive Earnings ESPs and a Zacks Rank #3, investors will be watching closely to see if they can extend the insurance sector’s early earnings momentum.

Posted by Defense World Staff on Apr 29th, 2026

Comerica Bank lowered its position in The Allstate Corporation (NYSE:ALL – Free Report) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 64,163 shares of the insurance provider’s stock after selling 4,446 shares during the period. Comerica Bank’s holdings in Allstate were worth $13,356,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. grew its position in Allstate by 79.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 124 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 55 shares during the last quarter. Dorato Capital Management purchased a new stake in Allstate during the 4th quarter worth approximately $27,000. Barnes Dennig Private Wealth Management LLC grew its position in Allstate by 112.3% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 138 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 73 shares during the last quarter. Princeton Global Asset Management LLC grew its position in Allstate by 101.3% during the 4th quarter. Princeton Global Asset Management LLC now owns 151 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 76 shares during the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in Allstate during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Allstate Stock Performance Shares of NYSE ALL opened at $216.36 on Wednesday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.26. The Allstate Corporation has a 12 month low of $188.08 and a 12 month high of $219.48. The company has a 50 day simple moving average of $210.01 and a two-hundred day simple moving average of $205.75. The stock has a market cap of $55.87 billion, a price-to-earnings ratio of 5.67, a PEG ratio of 0.44 and a beta of 0.22.

Allstate (NYSE:ALL – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $14.31 EPS for the quarter, beating the consensus estimate of $8.72 by $5.59. Allstate had a net margin of 15.19% and a return on equity of 39.20%. The business had revenue of $17.35 billion during the quarter, compared to analysts’ expectations of $17.23 billion. During the same period in the previous year, the business posted $7.67 EPS. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, analysts predict that The Allstate Corporation will post 25.82 earnings per share for the current year.

Allstate Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, March 2nd. This is a positive change from Allstate’s previous quarterly dividend of $1.00. Allstate’s dividend payout ratio (DPR) is presently 11.31%.

Wall Street Analysts Forecast Growth Several research firms have weighed in on ALL. Zacks Research downgraded shares of Allstate from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Cantor Fitzgerald reissued a “neutral” rating and set a $220.00 target price on shares of Allstate in a research report on Thursday, February 5th. Keefe, Bruyette & Woods boosted their target price on shares of Allstate from $254.00 to $260.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. Mizuho dropped their target price on shares of Allstate from $281.00 to $265.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Allstate from $260.00 to $263.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Allstate currently has a consensus rating of “Moderate Buy” and a consensus target price of $238.65.

Read Our Latest Report on Allstate

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.

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, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2026.

"Allstate's strategy and execution capabilities generated strong earnings and increased growth in the first quarter," said Tom Wilson, who leads The Allstate Corporation. "Revenues were $16.9 billion and net income was $2.4 billion. Policies in force reached 212 million, reflecting increased growth in auto and homeowners insurance and Protection Plans. The Property-Liability combined ratio was strong, and the underlying combined ratio* improved in all personal lines products and brands. Investment income increased by 9.8%, reflecting portfolio growth and higher fixed income yields. Adjusted net income* was $2.8 billion, or $10.65 per diluted common share."

"The broad set of competitive tools created through Transformative Growth is driving strong performance," continued Wilson. "Market share of auto and homeowners insurance increased in many states due to a comprehensive approach of more affordable prices, new products, expanded benefits, bundled offerings, lower expenses, sophisticated analytics and increased marketing. This positioned Allstate and independent agents and direct distribution to capture a record amount of new business in the quarter. Retention losses were slightly lower reflecting last year's focus on improving customer experience. Protection offerings were also broadened with Protection Services policies increasing over the prior year. Shareholders benefited from strong earnings, higher dividends and increased share repurchases," concluded Wilson.

First Quarter 2026 Results

Total revenues of $16.9 billion in the first quarter of 2026 were $489 million or 3.0% higher than the prior year quarter. Net income applicable to common shareholders was $2.4 billion in the first quarter of 2026, compared to $566 million in the prior year quarter, reflecting strong underwriting results. Adjusted net income* was $2.8 billion, or $10.65 per diluted share, compared to $949 million in the prior year quarter. The Allstate Corporation Consolidated Highlights

As of or for the three months
ended March 31,

($ in millions, except per share data and ratios)

2026

2025

% / pts

Change

Consolidated revenues

$ 16,941

$ 16,452

3.0 %

Net income applicable to common shareholders

2,428

566

NM

per diluted common share

9.25

2.11

NM

Adjusted net income*

2,797

949

NM

per diluted common share*

10.65

3.53

NM

Return on Allstate common shareholders' equity (trailing twelve months)

Net income applicable to common shareholders

48.4 %

21.4 %

27.0

Adjusted net income*

44.4 %

23.7 %

20.7

Common shares outstanding (in millions)

257.8

265.1

(2.8) %

Book value per common share

$ 113.52

$    74.61

52.2 %

Total policies in force (in thousands) (1)

212,052

206,898

2.5 %

NM = not meaningful

(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 $14.8 billion increased 5.5% in the first quarter of 2026 compared to the prior year, primarily driven by higher homeowners insurance average premiums and policy in force growth. Underwriting income was $2.7 billion compared to $360 million in the prior year quarter. Property-Liability Results

As of or for the three months
ended March 31,

($ in millions)

2026

2025

% / pts

Change

Premiums written

$     14,625

$     14,297

2.3 %

Premiums earned

$     14,802

$     14,027

5.5 %

Recorded combined ratio

82.0

97.4

(15.4)

Underlying combined ratio*

80.3

83.1

(2.8)

Catastrophe losses

$       1,240

$       2,202

(43.7) %

Underwriting income

$       2,658

$           360

NM

Policies in force (in thousands)

38,576

37,712

2.3 %

 NM = not meaningful

Premiums written increased 2.3% compared to the prior year quarter, reflecting policy in force growth and higher homeowners insurance average premiums. Written premium growth was less than earned premium growth reflecting lower average premiums on new insurance policies and actions to improve affordability while maintaining margins. Property-Liability combined ratio was 82.0 for the quarter, which was an improvement of 15.4 points versus the prior year quarter due to lower catastrophe losses, the benefit of prior year reserve releases and higher average earned premiums. Policies in force increased by 2.3%, 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 36 states. Custom360® middle market standard and preferred auto and homeowners insurance products for the independent agent channel are available in 40 states. Allstate Protection auto insurance results reflect Transformative Growth execution, with strong margins and new business growth across all distribution channels.      Allstate Protection Auto Results

As of or for the three months
ended March 31,

($ in millions, except ratios)

2026

2025

% / pts

Change

Premiums written

$       9,850

$       9,848

— %

Premiums earned

$       9,547

$       9,347

2.1 %

Recorded combined ratio

81.9

91.3

(9.4)

Underlying combined ratio*

89.5

91.2

(1.7)

Underwriting income

$       1,729

$           816

111.9 %

Policies in force (in thousands)

25,758

25,100

2.6 %

Written premiums were in line with the prior year as higher policies in force were offset by lower average premiums. Earned premiums grew 2.1% compared to the prior year quarter. The recorded auto insurance combined ratio of 81.9 in the first quarter of 2026 was a 9.4 point improvement from the prior year quarter, due primarily to the benefit of prior year reserve releases. Prior year reserve liabilities were lowered by $838 million as estimated claims costs for 2023 through 2025 were reduced, improving the current quarter combined ratio by 8.8 points. The underlying auto insurance combined ratio* of 89.5 in the first quarter of 2026 was a 1.7 point improvement from the prior year quarter, reflecting improvements in the underlying loss and expense ratios. Auto insurance policies in force grew by 2.6% with a 9.4% increase in new business, reflecting expanded distribution, increased marketing, new products and sophisticated rating plans. Active brand auto insurance policies grew by 3.5%, which was partially offset by decreases in legacy Esurance and Encompass policies. Allstate Protection homeowners insurance remains a competitive advantage for Allstate. Underwriting profit of $685 million increased from a loss of $451 million in the prior year quarter, primarily reflecting 2025's California wildfire losses. Allstate Protection Homeowners Results

As of or for the three months
ended March 31,

($ in millions, except ratios)

2026

2025

% / pts

Change

Premiums written

$       3,741

$      3,453

8.3 %

Premiums earned

$       4,164

$      3,657

13.9 %

Recorded combined ratio

83.5

112.3

(28.8)

Catastrophe Losses

$       1,046

$      1,824

(42.7) %

Underlying combined ratio*

60.5

62.4

(1.9)

Underwriting income (loss)

$           685

$       (451)

NM

Policies in force (in thousands)

7,739

7,549

2.5 %

NM = not meaningful

Written premiums and earned premiums increased by 8.3% and 13.9% compared to the prior year quarter, respectively, due to higher average premiums and policy in force growth. A 6.8% increase in Allstate brand homeowners insurance average gross written premium compared to the prior year quarter reflects continued rate increases and higher home replacement costs. The recorded homeowners insurance combined ratio of 83.5 was 28.8 points below the first quarter of 2025, due to lower catastrophe losses and higher average earned premiums. Catastrophe losses of $1.0 billion in the quarter decreased $778 million compared to the prior year. The underlying combined ratio* of 60.5 improved by 1.9 points compared to the prior year quarter, primarily driven by higher average premiums. Policies in force increased 2.5% compared to the prior year quarter, primarily driven by 3.2% growth in Allstate brand homeowners insurance policies, offset by a reduction in National General legacy products. Protection Services is comprised of five businesses that broaden protection through embedded product offerings. Revenues increased to $922 million in the first quarter of 2026, 7.2% higher than the prior year quarter, primarily due to Protection Plans and Roadside. Adjusted net income of $47 million decreased by $8 million compared to the prior year quarter. Protection Services Results

Three months ended March 31,

($ in millions)

2026

2025

% / $

Change

Total revenues (1)

$           922

$           860

7.2 %

Protection Plans

613

540

13.5

Roadside

63

55

14.5

Dealer Services

148

146

1.4

Identity Protection

40

40

—

Arity

58

79

(26.6)

Adjusted net income (loss)

$             47

$             55

$          (8)

Protection Plans

41

45

(4)

Roadside

12

11

1

Dealer Services

5

4

1

Identity Protection

1

1

—

Arity

(12)

(6)

(6)

(1)  Excludes net gains and losses on investments and derivatives.

Protection Plans continued to expand distribution relationships and product offerings. Revenue of $613 million increased $73 million, or 13.5%, compared to the prior year quarter primarily due to strong international and domestic growth. Adjusted net income of $41 million in the first quarter of 2026 decreased $4 million compared to the prior year quarter. Roadside revenue of $63 million in the first quarter of 2026 increased 14.5% compared to the prior year quarter reflecting increased bundling with Allstate branded Affordable, Simple, Connected auto insurance products and higher third-party sales. Adjusted net income of $12 million in the first quarter was $1 million higher than the prior year quarter. Dealer Services generated revenue of $148 million, an increase of $2 million compared to the prior year quarter. Adjusted net income of $5 million was $1 million higher than the prior year quarter. Identity Protection revenue of $40 million in the first quarter of 2026 was in line with the prior year quarter. Adjusted net income of $1 million in the first quarter of 2026 was in line with the prior year quarter. Arity revenue of $58 million decreased $21 million compared to the prior year quarter due to lower lead generation revenue. Adjusted net loss was $12 million in the first quarter of 2026 compared to a loss of $6 million in the prior year quarter. Allstate Investments uses a proactive enterprise risk and return framework for the $85.2 billion portfolio. Net investment income of $938 million in the first quarter of 2026 increased by $84 million from the prior year quarter primarily due to market-based portfolio growth. Economic capital allocated to the investment portfolio increased in the first quarter, reflecting higher public equity exposure and the lengthening of fixed income duration to 5.7 years. Allstate Investment Results

Three months ended March 31,

($ in millions, except ratios)

2026

2025

$ / pts

Change

Net investment income

$       938

$       854

$             84

Market-based (1)

791

719

72

Performance-based (1)

207

196

11

Net gains (losses) on investments and derivatives

$     (405)

$     (349)

$           (56)

Change in unrealized net capital gains and losses, pre-tax (2)

$     (664)

$       540

$     (1,204)

Total return on investment portfolio (2)

(0.2) %

1.4 %

(1.6)

Total return on investment portfolio (2) (trailing twelve months)

4.2 %

4.7 %

(0.5)

(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 $791 million in the first quarter of 2026, an increase of $72 million, or 10.0%, compared to the prior year quarter, reflecting growth in the asset balances to $75.2 billion in the market-based portfolio. Performance-based investment income totaled $207 million in the first quarter of 2026, an increase of $11 million compared to 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 losses on investments and derivatives were $405 million in the first quarter of 2026, compared to losses of $349 million in the prior year quarter. First quarter results primarily reflected valuation declines on public equity securities in March, which have since recovered. Unrealized net capital losses totaled $282 million (pre-tax), a $664 million decrease to the prior quarter end as higher interest rates and wider credit spreads resulted in lower fixed income valuations. Total return on the investment portfolio was negative 0.2% for the first quarter. Total return for the trailing twelve months was 4.2%. Proactive Capital Management

"Allstate's active capital management continues to create shareholder value," said John Dugenske, Interim Chief Financial Officer and President, Investments and Corporate Strategy. "Operating results generated an adjusted net income return on equity* of 44.4% over the last year. Increased capital was deployed to investment opportunities, and $881 million of cash was provided to shareholders through dividends and share repurchases," 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, April 30. 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 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.

THE ALLSTATE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)

($ in millions, except par value data)

March 31,
2026

December 31,
2025

Assets

Investments

Fixed income securities, at fair value (amortized cost, net $59,338 and $58,730)

$           59,060

$           59,115

Equity securities, at fair value (cost $10,354 and $8,026)

10,431

8,398

Mortgage loans, net

868

879

Limited partnership interests

8,946

8,844

Short-term, at fair value (amortized cost $4,707 and $4,888)

4,705

4,887

Other investments, net

1,150

1,114

Total investments

85,160

83,237

Cash

697

678

Premium installment receivables, net

11,648

11,474

Deferred policy acquisition costs

6,070

6,163

Reinsurance and indemnification recoverables, net

8,422

8,501

Accrued investment income

656

708

Deferred income taxes

12

—

Property and equipment, net

606

627

Goodwill

3,118

3,118

Other assets, net

7,583

5,252

Total assets

$         123,972

$         119,758

Liabilities

Reserve for property and casualty insurance claims and claims expense

$           41,320

$           41,079

Unearned premiums

28,863

29,080

Claim payments outstanding

1,473

1,419

Deferred income taxes

—

227

Other liabilities and accrued expenses

13,238

9,874

Debt

7,491

7,490

Total liabilities

92,385

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, 258 
million and 260 million shares outstanding

9

9

Additional capital paid-in

4,169

4,158

Retained income

64,540

62,393

Treasury stock, at cost (642 million and 640 million shares)

(38,820)

(38,206)

Accumulated other comprehensive income (loss):

Unrealized net capital gains and losses

(221)

297

Unrealized foreign currency translation adjustments

(83)

(55)

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

(292)

255

Total Allstate shareholders' equity

31,607

30,610

Noncontrolling interest

(20)

(21)

Total equity

31,587

30,589

Total liabilities and equity

$         123,972

$         119,758

THE ALLSTATE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

($ in millions, except per share data)

Three months ended
March 31,

2026

2025

Revenues

Property and casualty insurance premiums

$       15,553

$       14,698

Accident and health insurance premiums and contract charges

136

487

Other revenue

719

762

Net investment income

938

854

Net gains (losses) on investments and derivatives

(405)

(349)

Total revenues

16,941

16,452

Costs and expenses

Property and casualty insurance claims and claims expense

9,185

10,815

Accident, health and other policy benefits

76

333

Amortization of deferred policy acquisition costs

2,178

2,087

Operating costs and expenses

2,225

2,245

Pension and other postretirement remeasurement (gains) losses

19

78

Restructuring and related charges

5

16

Amortization of purchased intangibles

47

59

Interest expense

98

100

Total costs and expenses

13,833

15,733

Income from operations before income tax expense

3,108

719

Income tax expense

650

123

Net income

2,458

596

Less: Net income attributable to noncontrolling interest

1

1

Net income attributable to Allstate

2,457

595

Less: Preferred stock dividends

29

29

Net income applicable to common shareholders

$         2,428

$             566

Earnings per common share:

Net income applicable to common shareholders per common share - Basic

$           9.36

$           2.13

Weighted average common shares - Basic

259.4

265.3

Net income applicable to common shareholders per common share - Diluted

$           9.25

$           2.11

Weighted average common shares - Diluted

262.6

268.8

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 March 31,

2026

2025

2026

2025

Consolidated

Per diluted common share

Net income applicable to common shareholders

$        2,428

$           566

$          9.25

$          2.11

Net (gains) losses on investments and derivatives

405

349

1.54

1.30

Pension and other postretirement remeasurement (gains) losses

19

78

0.07

0.29

Amortization of purchased intangibles

47

59

0.18

0.22

Gain on disposition

(6)

—

(0.02)

—

Income tax expense (benefit)

(96)

(103)

(0.37)

(0.39)

Adjusted net income *

$        2,797

$           949

$        10.65

$          3.53

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
March 31,

2026

2025

Return on Allstate common shareholders' equity

Numerator:

Net income applicable to common shareholders

$        12,027

$          3,927

Denominator:

Beginning Allstate common shareholders' equity

$        20,054

$        16,638

Ending Allstate common shareholders' equity (1)

29,606

20,054

Average Allstate common shareholders' equity

$        24,830

$        18,346

Return on Allstate common shareholders' equity

48.4 %

21.4 %

($ in millions)

For the twelve months ended
March 31,

2026

2025

Adjusted net income return on Allstate common
shareholders' equity

Numerator:

Adjusted net income *

$        11,152

$          4,488

Denominator:

Beginning Allstate common shareholders' equity

$        20,054

$        16,638

Less: Unrealized net capital gains and losses

(351)

(819)

Adjusted beginning Allstate common shareholders' equity

20,405

17,457

Ending Allstate common shareholders' equity (1)

29,606

20,054

Less: Unrealized net capital gains and losses

(221)

(351)

Adjusted ending Allstate common shareholders' equity

29,827

20,405

Average adjusted Allstate common shareholders' equity

$        25,116

$        18,931

Adjusted net income return on Allstate common shareholders' equity *

44.4 %

23.7 %

(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
March 31,

2026

2025

Combined ratio

82.0

97.4

Effect of catastrophe losses

(8.4)

(15.7)

Effect of prior year reserve reestimates, excluding catastrophes

6.9

1.7

Effect of amortization of purchased intangibles

(0.2)

(0.3)

Underlying combined ratio*

80.3

83.1

Effect of prior year catastrophe reserve reestimates

0.1

(0.1)

Allstate Protection - Auto Insurance

Three months ended
March 31,

2026

2025

Combined ratio

81.9

91.3

Effect of catastrophe losses

(0.9)

(2.2)

Effect of prior year reserve reestimates, excluding catastrophes

8.8

2.5

Effect of amortization of purchased intangibles

(0.3)

(0.4)

Underlying combined ratio*

89.5

91.2

Effect of prior year catastrophe reserve reestimates

—

(0.1)

Allstate Protection - Homeowners Insurance

Three months ended
March 31,

2026

2025

Combined ratio

83.5

112.3

Effect of catastrophe losses

(25.1)

(49.9)

Effect of prior year reserve reestimates, excluding catastrophes

2.3

0.2

Effect of amortization of purchased intangibles

(0.2)

(0.2)

Underlying combined ratio*

60.5

62.4

Effect of prior year catastrophe reserve reestimates

(0.4)

—

SOURCE The Allstate Corporation

Allstate (ALL - Free Report) reported $17.35 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.2%. EPS of $10.65 for the same period compares to $3.53 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $17.7 billion, representing a surprise of -2.02%. The company delivered an EPS surprise of +43.26%, with the consensus EPS estimate being $7.43.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: 82% versus 88.9% estimated by six analysts on average.Property-Liability - Expense Ratio: 21.3% versus the five-analyst average estimate of 21.5%.Allstate Protection - Auto Insurance - Expense Ratio: 21.3% compared to the 21.6% average estimate based on five analysts.Allstate Protection - Homeowners Insurance - Loss Ratio: 61.5% versus 61% estimated by five analysts on average.Property-Liability- Net Premiums Earned: $14.8 billion compared to the $15.09 billion average estimate based on six analysts. The reported number represents a change of +5.5% year over year.Underwriting Income- Property-Liability: $2.66 billion compared to the $1.68 billion average estimate based on six analysts.Property-Liability- Net Investment Income: $845 million compared to the $798.62 million average estimate based on six analysts. The reported number represents a change of +7.9% year over year.Revenues- Protection Services: $915 million versus the five-analyst average estimate of $939.05 million. The reported number represents a year-over-year change of +7.7%.Corporate and Other- Net Investment Income: $68 million versus the five-analyst average estimate of $39.43 million. The reported number represents a year-over-year change of +209.1%.Property-Liability- Other Revenue: $544 million compared to the $521.43 million average estimate based on five analysts. The reported number represents a change of +11.5% year over year.Revenues- Property and casualty insurance premiums: $15.55 billion versus $15.81 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +5.8% change.Allstate Protection- Underwriting income (loss)- Homeowners: $685 million compared to the $730.2 million average estimate based on five analysts. The reported number represents a change of -251.9% year over year.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 +12.2% 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.

The Allstate Corporation (ALL) Q1 2026 Earnings Call Transcript

Bavin is devoted to supporting Charlottesville families, serving as the first volunteer firefighter and EMT to lead the Good Works Team, which recognizes 20 spring season student-athletes for their commitment to community service

Key takeaways:

Allstate and NACDA named 20 student-athletes to the 2025-26 Spring Good Works Team for their excellence in community service, academics and athletics. UVA senior Shelby Bavin was selected as team captain for her dedication to protecting families in Charlottesville, Virginia as a volunteer firefighter and EMT. The Allstate NACDA Good Works Team was created to spotlight and reward student-athletes at all levels of college sports for their outstanding community service. , /PRNewswire/ -- Allstate and the National Association of Collegiate Directors of Athletics (NACDA) today announced the 2025-26 Allstate NACDA Good Works Team (Spring), a group of 20 student-athletes who lead in their sport, academics and in communities across the country. University of Virginia (UVA) women's rowing coxswain Shelby Bavin was named team captain for her dedication to service as a first responder, protecting families across Charlottesville.

2025-26 Allstate NACDA Spring Good Works Team

Shelby Bavin, captain of the 2025-26 Allstate NACDA Spring Good Works Team The Allstate NACDA Good Works Team was created to spotlight student-athletes for their meaningful community service. Honorees include men and women from NCAA Divisions I, II and III, NAIA and junior/community colleges, with student-athletes recognized each season across spring, fall and winter sports.

This season's team was selected from 137 student-athletes nominated by their schools. Honorees receive a monetary contribution from Allstate to further support their community service, with the team captain receiving an additional contribution and surprise in-person recognition by ESPN sports commentator Holly Rowe. 

Chris DeBiase, Allstate executive vice president, chief legal officer and general counsel and collegiate sports ambassador: 
"Allstate has long believed in the power of college athletics to shape leaders. We are proud to recognize these spring honorees who are demonstrating exceptional leadership and impact through community service, and to help fuel the causes they care about. Service is leadership and we want to reward and empower the young people who prove it every day."

Holly Rowe, ESPN Sports Commentator:
"Programs like the Allstate NACDA Good Works Team make sure service and leadership are recognized alongside athletic excellence. Allstate and NACDA's commitment to celebrating student-athletes across every sport and division helps elevate stories that deserve a national spotlight, and I'm proud to help highlight student-athletes who rise to meet the needs of their communities."

UVA coxswain, volunteer firefighter and EMT Shelby Bavin named Spring Good Works Team captain 
Bavin has devoted more than 2,000 hours as a volunteer firefighter and emergency medical technician (EMT), serving with the Seminole Trail Volunteer Fire Department to provide critical emergency response to the Charlottesville and Albemarle County communities.

In addition to her work as a first responder, Bavin leads a variety of community service initiatives. She is part of the servant leadership team with Athletes in Action and has co-led organizational and fundraising efforts for UVA's Operation Christmas Child initiative that provided nearly 800 gift boxes for children across the world. She also volunteers as a student-athlete coach with Run Charlottesville, mentoring children in sportsmanship, teamwork and skill development.

As a coxswain, Bavin also leads on the water, guiding the UVA women's rowing team through every stroke.

Shelby Bavin, captain of the 2025-26 Allstate NACDA Good Works Team (Spring): 
"Competing for the University of Virginia is a privilege, but the greatest blessing has been being part of a team that supports each other far beyond the water. Service is at the heart of Virginia Rowing, and I truly strive to carry that into every aspect of my life. Through my work with the Seminole Trail Fire Department and Athletes in Action (FCA), I've pursued a deeper calling to serve others and love my neighbor. I'm grateful to Allstate and NACDA for recognizing the service that means so much to me. It is an honor to be named captain and stand alongside teammates who use their platforms to make a difference. I hope our stories inspire others to step into their communities to serve."

Meet the 20 Allstate NACDA Spring Good Works Team honorees
The 2025-26 Allstate NACDA Good Works Team (Spring) includes 10 men and 10 women across all divisions, representing collegiate sports such as rowing, beach volleyball, outdoor track and field, softball, lacrosse and tennis. Honorees support a breadth of service causes and ways student-athletes today are giving back, including:

Allyson Alden, Boise State University, Beach Volleyball: Launched the Allyson Alden's Block Party fundraiser to support mental wellness initiatives for the BroncoBOLD High School Ambassador Program.  Andrew Fang, Binghamton University, Men's Tennis: Mentors youth at Tennis Charities of Binghamton, helping them overcome social and personal obstacles through tennis. Daniel "DJ" Freese, Columbia College, Men's Golf: Volunteers with multiple Summer Kids Camps, inspiring campers through lessons on building meaningful relationships, confidence and character. Isaiah Frost, University of Missouri, Baseball: Serves as a recess and lunch mentor at Columbia Public Schools and participates in back-to-school events, holiday outreach initiatives and Martin Luther King Jr. Day of Service programming. Regan Kelly, Hartwick College, Women's Lacrosse: Organizes campus drives with the National Marrow Donor Program (NMDP) to expand donor registration and raise awareness in honor of her dad's blood cancer diagnosis following his service as a New York City fireman at ground zero on 9/11. Jacy Knox, University of Health Sciences and Pharmacy, Softball: Organizes campus blood drives with the American Red Cross, collecting 80 units of blood to help save more than 200 lives. Kamden O'Connor, Rice University, Men's Outdoor Track and Field: Devoted nearly 2,000 volunteer hours at Camp Blessing Texas, serving as a caregiver and clinician to special needs and geriatric patients. Pat Manak, NACDA chief executive officer: 
"The Allstate NACDA Good Works Team initiative continues to bring out the best in college athletics, highlighting student-athletes who are setting incredible examples as leaders and role models. To witness the impact that these young people have in communities and on campuses of all sizes across the country is special, and it is a privilege to tell their stories."

The full 2025-26 Allstate NACDA Good Works Team (Spring) roster, along with the inspiring stories of each student-athlete, can be found here.

About the Allstate NACDA Good Works Team 
The Allstate NACDA Good Works Team was established in 2024 to recognize male and female student-athletes annually across all sports and divisions for their leadership in community service, academics and athletics. The initiative surpassed 500 nominees during its inaugural year. Past honorees include women's basketball center Audi Crooks, who launched the Audi Crooks Foundation in 2025 to provide financial assistance and resources to youth engaged in education, athletics and arts programming; Loyola Chicago goalkeeper Aidan Crawford, who founded Special Olympics Loyola University Chicago to support adults with disabilities; Penn State golfer Jami Morris, who launched Hit Fore Hope, a cancer research fundraiser; and Auburn gymnast Sophia Groth, who supported student parents through nonprofit advocacy with Baby Steps. These student-athletes were recognized as Allstate NACDA Good Works Team captains for their leadership and dedication.

About Allstate's Impact Through Collegiate Athletics
Allstate's longstanding support of collegiate athletics is part of its commitment to empowering young people to lead in their communities. Allstate has been a proud member of the college athletics community for over 20 years through its university and conference sponsorships, academic scholarships, and community impact initiatives. Since 2005, the Allstate Good Hands Nets program has raised millions of dollars in scholarships with every field goal and extra point scored. Allstate recently increased donations per kick, funding more scholarships for student-athletes across all sports. Since 2008, the Allstate Good Works Teams have honored hundreds of student-athletes for their service off the field, supporting causes such as youth empowerment and hunger relief. Allstate is the title sponsor of the Allstate Sugar Bowl, one of the premier events in college football.

About NACDA
Now in its 61st year, NACDA is the professional and educational Association for more than 24,000 college athletics administrators at more than 2,300 institutions throughout the United States, Canada and Mexico. NACDA manages 19 professional associations and four foundations. In addition to virtual programming, NACDA hosts and/or has a presence at seven major professional development events in-person annually. The NACDA & Affiliates Convention is the largest gathering of collegiate athletics administrators in the country. For more information, visit www.nacda.com.

SOURCE Allstate Insurance Company

Allstate remains a "Buy," with resilient margins, robust Q1 earnings, and an attractive 8.3x P/E despite market concerns over auto margin compression. Premium disinflation is offset by muted claims inflation; margin impact is likely limited to 50 bps, supporting ALL's earnings stability. Q1 2026 saw $10.65 EPS, a 3% revenue rise, and exceptional combined ratios in both auto (81.9%) and homeowners (83.5%) segments.

, /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $870 million or $687 million, after-tax, from 10 wind and hail events with approximately 70% of the losses related to two events.

Allstate Protection policies in force are as follows:

Allstate Protection Policies in Force (1)

(in thousands)

April 30,
2026

March 31,
2026

April 30,
2025

Apr. 30, 2026 v
Mar. 31, 2026

Apr. 30, 2026 v
Apr. 30, 2025

Auto

25,805

25,758

25,175

0.2 %

2.5 %

Homeowners

7,764

7,739

7,571

0.3 %

2.5 %

Other personal lines

4,919

4,902

4,882

0.3 %

0.8 %

Commercial lines

179

177

184

1.1 %

(2.7) %

Total

38,667

38,576

37,812

0.2 %

2.3 %

(1)

Policy counts are based on items rather than customers. A multi-car customer would generate multiple item (policy) counts, even if all cars were insured under one policy. Lender-placed policies are excluded from policy counts because relationships are with the lenders.

Allstate Protection policies in force have been consistently growing year-over-year since March 2025, and we are increasing market share for auto in 57% of states and homeowners in 83% of states. Therefore, we are changing the frequency of reporting policies in force and next month will be the final inclusion in our Monthly Release. Policies in force will continue to be available quarterly in our earnings release.

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.

SOURCE Allstate Insurance Company

A month has gone by since the last earnings report for Allstate (ALL - Free Report) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Allstate due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for The Allstate Corporation before we dive into how investors and analysts have reacted as of late.

ALL Q1 Earnings Beat Estimates on Strong Underwriting, Lower Expenses

Allstate reported a first-quarter 2026 adjusted net income of $10.65 per share, which outpaced the Zacks Consensus Estimate by 43.3%. The bottom line surged 201.7% year over year.

Operating revenues of $17.3 billion grew 3.2% year over year. However, the top line missed the consensus mark by 2%.

Allstate’s quarterly results were driven by higher property and casualty insurance premiums, improved net investment income and lower catastrophe losses. Lower expenses and strong underwriting performance further aided results.

Key Takeaways From Allstate’s Q1 ResultsProperty and casualty insurance premiums improved 5.8% year over year to $15.6 billion. Net investment income of $938 million advanced 9.8% year over year on the back of a growing market-based portfolio. The metric beat the Zacks Consensus Estimate of $895 million and our estimate of $935 million. Market-based investment income rose 10% year over year to $791 million in the quarter under review.

Total costs and expenses were $13.8 billion, which decreased 12.1% year over year and was lower than our estimate of $15.5 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 $1.2 billion dropped 43.7% year over year.

Allstate’s pretax income increased significantly, up 332.3% year over year to $3.1 billion. As of Dec. 31, 2025, total policies in force were 212 million, up 2.5% year over year.

ALL’s Segmental PerformancesThe Property-Liability segment reported premiums earned of $14.8 billion in the first quarter, up 5.5% 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 $15.1 billion. Underwriting income in the segment surged 638.3% year over year to $2.7 billion. The underlying combined ratio improved 280 basis points to 80.3%.

The Protection Services segment’s revenues advanced 7.2% year over year to $922 million, aided by Allstate Protection Plans and Roadside businesses. The metric lagged our estimate of $958.9 million. Adjusted net income of $47 million declined 14.5% year over year.

Financial Update (As of March 31, 2026)Allstate exited the first quarter with a cash balance of $697 million, up from $678 million at 2025-end. Total assets increased to $124 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 $31.6 billion from $30.6 billion at 2025-end.

Book value per common share was $113.52 as of March 31, 2026, up 52.2% year over year.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in fresh estimates.

The consensus estimate has shifted 10.06% due to these changes.

VGM ScoresAt this time, Allstate has a nice Growth Score of B, a score with the same score on the momentum front. Charting a somewhat similar path, the stock has a score of A on the value side, putting it in the top 20% for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Allstate has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerAllstate belongs to the Zacks Insurance - Property and Casualty industry. Another stock from the same industry, Selective Insurance (SIGI - Free Report) , has gained 4% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.

Selective Insurance reported revenues of $1.37 billion in the last reported quarter, representing a year-over-year change of +6.4%. EPS of $1.69 for the same period compares with $1.76 a year ago.

For the current quarter, Selective Insurance is expected to post earnings of $1.69 per share, indicating a change of +29% from the year-ago quarter. The Zacks Consensus Estimate has changed +1.7% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Selective Insurance. Also, the stock has a VGM Score of B.

In the latest close session, Allstate (ALL - Free Report) was down 2.71% at $215.02. This change lagged the S&P 500's daily gain of 0.3%. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.86%.

Coming into today, shares of the insurer had gained 3.69% in the past month. In that same time, the Finance sector gained 1.34%, while the S&P 500 gained 1.92%.

Market participants will be closely following the financial results of Allstate in its upcoming release. It is anticipated that the company will report an EPS of $4.66, marking a 21.55% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $17.72 billion, reflecting a 5.65% rise from the equivalent quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $29.43 per share and a revenue of $71.4 billion, representing changes of -15.5% and +5.23%, respectively, from the prior year.

Any recent changes to analyst estimates for Allstate should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.98% upward. Allstate is currently a Zacks Rank #3 (Hold).

In terms of valuation, Allstate is presently being traded at a Forward P/E ratio of 7.51. This valuation marks a discount compared to its industry average Forward P/E of 10.8.

Meanwhile, ALL's PEG ratio is currently 0.4. 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 average PEG ratio for the Insurance - Property and Casualty industry stood at 2.38 at the close of the market yesterday.

The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.