What is Zacks Research’s Estimate for Allstate Q1 Earnings?

The Allstate Co. (NYSE:ALL) – Research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Allstate in a note issued to investors on Monday, March 10th. Zacks Research analyst Z. Masood now anticipates that the insurance provider will post earnings of $4.00 per share for the quarter, down from their previous estimate of $4.14. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Zacks Research also issued estimates for Allstate’s Q3 2026 earnings at $4.60 EPS and FY2027 earnings at $24.75 EPS.

A number of other equities research analysts have also recently weighed in on the stock. The Goldman Sachs Group boosted their price target on shares of Allstate from $209.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Piper Sandler lifted their price objective on shares of Allstate from $206.00 to $244.00 and gave the company an “overweight” rating in a research note on Tuesday, November 26th. Argus upgraded shares of Allstate from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Barclays dropped their price objective on shares of Allstate from $187.00 to $183.00 and set an “underweight” rating on the stock in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Allstate from $235.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, one has given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Allstate has an average rating of “Moderate Buy” and an average target price of $217.94.

Allstate Price Performance

Shares of ALL opened at $202.25 on Wednesday. Allstate has a 1-year low of $156.66 and a 1-year high of $209.88. The stock has a market cap of $53.60 billion, a PE ratio of 11.90, a price-to-earnings-growth ratio of 1.01 and a beta of 0.47. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.36 and a quick ratio of 0.40. The firm has a fifty day moving average price of $191.08 and a 200 day moving average price of $192.10.

Allstate (NYSE:ALL) last announced its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $7.67 earnings per share for the quarter, beating analysts’ consensus estimates of $5.40 by $2.27. Allstate had a net margin of 7.28% and a return on equity of 28.20%.

Institutional Trading of Allstate

Several institutional investors and hedge funds have recently modified their holdings of ALL. United Bank purchased a new stake in shares of Allstate in the third quarter valued at about $209,000. Ashton Thomas Securities LLC purchased a new position in shares of Allstate during the third quarter valued at approximately $228,000. Apollon Wealth Management LLC lifted its stake in shares of Allstate by 2.7% during the third quarter. Apollon Wealth Management LLC now owns 5,901 shares of the insurance provider’s stock valued at $1,119,000 after buying an additional 157 shares during the period. Entropy Technologies LP purchased a new position in shares of Allstate during the third quarter valued at approximately $284,000. Finally, Harbour Investments Inc. lifted its stake in shares of Allstate by 5.4% during the third quarter. Harbour Investments Inc. now owns 2,503 shares of the insurance provider’s stock valued at $475,000 after buying an additional 128 shares during the period. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Insider Buying and Selling

In other Allstate news, CFO Jesse E. Merten sold 40,102 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $186.53, for a total value of $7,480,226.06. Following the sale, the chief financial officer now owns 18,115 shares of the company’s stock, valued at $3,378,990.95. This represents a 68.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.80% of the stock is owned by insiders.

Allstate Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 10th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.00 dividend on an annualized basis and a yield of 1.98%. This is an increase from Allstate’s previous quarterly dividend of $0.92. Allstate’s payout ratio is currently 23.54%.

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

Allstate Company Profile

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.