Zacks Research Has Bullish Forecast for Allstate Q1 Earnings

The Allstate Corporation (NYSE:ALL) – Analysts at Zacks Research raised their Q1 2026 earnings per share estimates for shares of Allstate in a report issued on Wednesday, April 8th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $6.65 per share for the quarter, up from their prior forecast of $6.64. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Zacks Research also issued estimates for Allstate’s Q1 2028 earnings at $6.68 EPS.

ALL has been the topic of a number of other research reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $231.00 price objective on shares of Allstate in a research note on Thursday, March 5th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $220.00 price objective on shares of Allstate in a research note on Thursday, February 5th. TD Cowen downgraded Allstate from a “buy” rating to a “hold” rating in a research note on Monday, January 12th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $215.00 price objective (down from $245.00) on shares of Allstate in a research note on Tuesday, December 16th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $260.00 target price on shares of Allstate in a research report on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $238.53.

Allstate Stock Performance

NYSE:ALL opened at $212.20 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.37 and a quick ratio of 0.37. Allstate has a 1 year low of $180.00 and a 1 year high of $216.75. The stock’s 50 day simple moving average is $207.17 and its two-hundred day simple moving average is $205.29. The company has a market cap of $55.07 billion, a price-to-earnings ratio of 5.56, a PEG ratio of 0.42 and a beta of 0.22.

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

Allstate Increases Dividend

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

Institutional Trading of Allstate

Several institutional investors and hedge funds have recently made changes to their positions in ALL. MV Capital Management Inc. bought a new stake in shares of Allstate during the fourth quarter worth $25,000. Harbor Capital Advisors Inc. lifted its position in shares of Allstate by 79.7% during the third 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 bought a new stake in shares of Allstate during the fourth quarter worth $27,000. Navalign LLC bought a new stake in shares of Allstate during the fourth quarter worth $27,000. Finally, Barnes Dennig Private Wealth Management LLC lifted its position in shares of Allstate by 112.3% during the third 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. 76.47% of the stock is currently owned by institutional investors.

About Allstate

Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings.

The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.