Roth Capital Has Bearish Estimate for Allstate Q2 Earnings

The Allstate Co. (NYSE:ALL) – Stock analysts at Roth Capital reduced their Q2 2025 earnings per share (EPS) estimates for Allstate in a report issued on Thursday, May 1st. Roth Capital analyst H. Fong now expects that the insurance provider will earn $3.11 per share for the quarter, down from their previous forecast of $3.59. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Roth Capital also issued estimates for Allstate’s Q3 2025 earnings at $4.68 EPS and Q4 2025 earnings at $6.68 EPS.

Allstate (NYSE:ALL) last released its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.98 by ($0.45). The company had revenue of $14.30 billion during the quarter, compared to analysts’ expectations of $16.41 billion. Allstate had a return on equity of 28.20% and a net margin of 7.28%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.13 EPS.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Company cut their price objective on shares of Allstate from $200.00 to $197.00 and set an “equal weight” rating on the stock in a report on Tuesday. Keefe, Bruyette & Woods reduced their price target on Allstate from $240.00 to $228.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Barclays lowered their price objective on Allstate from $183.00 to $172.00 and set an “underweight” rating for the company in a research note on Friday, April 11th. Morgan Stanley upped their target price on Allstate from $225.00 to $235.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Raymond James reissued a “strong-buy” rating and set a $250.00 price target (up previously from $240.00) on shares of Allstate in a research report on Monday. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $224.73.

Allstate Price Performance

Shares of ALL stock opened at $202.42 on Monday. The firm has a fifty day simple moving average of $198.88 and a 200-day simple moving average of $194.95. The company has a market capitalization of $53.67 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 1.01 and a beta of 0.32. Allstate has a twelve month low of $156.66 and a twelve month high of $212.91. The company has a current ratio of 0.36, a quick ratio of 0.40 and a debt-to-equity ratio of 0.42.

Hedge Funds Weigh In On Allstate

Several institutional investors have recently made changes to their positions in ALL. VSM Wealth Advisory LLC bought a new position in Allstate during the 4th quarter worth $25,000. Twin Tree Management LP bought a new position in shares of Allstate during the fourth quarter worth about $27,000. Hughes Financial Services LLC acquired a new stake in shares of Allstate in the 1st quarter worth about $28,000. Vision Financial Markets LLC bought a new stake in Allstate in the 4th quarter valued at about $29,000. Finally, Hopwood Financial Services Inc. acquired a new position in Allstate during the 4th quarter valued at about $29,000. 76.47% of the stock is owned by institutional investors.

Insider Transactions at Allstate

In related news, CFO Jesse E. Merten sold 40,102 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $186.53, for a total transaction of $7,480,226.06. Following the sale, the chief financial officer now owns 18,115 shares in the company, valued at $3,378,990.95. This represents a 68.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.80% of the company’s stock.

Allstate Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.98%. This is a boost from Allstate’s previous quarterly dividend of $0.92. The ex-dividend date was Monday, March 10th. Allstate’s dividend payout ratio is 27.32%.

Allstate announced that its Board of Directors has approved a stock repurchase plan on Wednesday, February 26th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the insurance provider to reacquire up to 3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

About Allstate

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.