The Allstate Corporation (NYSE:ALL) Receives $256.70 Consensus PT from Analysts

The Allstate Corporation (NYSE:ALL) has been assigned an average recommendation of “Hold” from the twenty-one ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and three have issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $265.5263.

Several analysts recently issued reports on the company. Keefe, Bruyette & Woods increased their target price on Allstate from $242.00 to $255.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 8th. Atlantic Securities set a $319.00 price target on Allstate in a report on Wednesday, July 15th. Barclays upped their price target on Allstate from $213.00 to $226.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. HSBC lowered shares of Allstate from a “buy” rating to a “hold” rating and increased their price objective for the company from $244.00 to $264.00 in a report on Monday, July 6th. Finally, Piper Sandler boosted their target price on shares of Allstate from $268.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday.

Insider Activity at Allstate

In other news, insider John E. Dugenske sold 32,996 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $269.33, for a total transaction of $8,886,812.68. Following the completion of the transaction, the insider owned 13,054 shares in the company, valued at $3,515,833.82. This trade represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $335,218.50. Following the completion of the sale, the insider directly owned 27,558 shares in the company, valued at $5,959,968.66. This trade represents a 5.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 92,996 shares of company stock valued at $24,543,894. 1.55% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Allstate

Institutional investors have recently added to or reduced their stakes in the company. Gables Capital Management Inc. purchased a new stake in shares of Allstate during the 2nd quarter worth approximately $26,000. Allied Private Wealth LLC bought a new stake in Allstate in the second quarter worth $29,000. Kelleher Financial Advisors bought a new stake in Allstate in the second quarter worth $28,000. MV Capital Management Inc. purchased a new stake in Allstate during the fourth quarter valued at $25,000. Finally, Navalign LLC bought a new position in Allstate during the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 76.47% of the company’s stock.

Allstate Trading Up 2.0%

Shares of Allstate stock opened at $260.94 on Friday. Allstate has a fifty-two week low of $188.08 and a fifty-two week high of $277.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.36 and a current ratio of 0.36. The company has a market capitalization of $65.98 billion, a P/E ratio of 5.21, a P/E/G ratio of 0.40 and a beta of 0.16. The company has a fifty day moving average of $245.71 and a 200 day moving average of $222.56.

Allstate (NYSE:ALL) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $8.99 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $2.93. Allstate had a return on equity of 41.64% and a net margin of 18.97%.The business had revenue of $15.43 billion for the quarter, compared to analysts’ expectations of $15.46 billion. During the same period last year, the firm earned $5.94 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. On average, sell-side analysts anticipate that Allstate will post 33.92 earnings per share for the current fiscal year.

Allstate Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, August 31st will be paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 31st. Allstate’s dividend payout ratio (DPR) is presently 8.63%.

Allstate News Roundup

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Allstate opened a new claims-training campus in Dallas. The 33,000-square-foot Allstate Claims University will train the company’s 23,000 claims professionals, who handle approximately 8.5 million claims annually. Management says the investment should improve damage assessment and customer service, potentially supporting operating efficiency and claims quality. Allstate Claims University announcement
• Positive Sentiment: Analyst expectations remain supportive. JPMorgan reportedly expects further appreciation in Allstate’s stock, while Dowling & Partners raised its FY2026 EPS estimate to $35.50 from $30.50 and its FY2027 estimate to $25.50 from $24.00. The revisions reinforce optimism following Allstate’s recent earnings beat, although some longer-term estimates remain below near-term expectations. JPMorgan Allstate price outlook
• Neutral Sentiment: Allstate’s broader AI and employee-development initiatives are receiving attention. These efforts could improve productivity and customer service over time, but their effect on earnings is not yet quantifiable. Allstate AI and mentorship article
• Negative Sentiment: An Ontario court rejected Allstate’s challenge involving excluded-driver coverage. The decision represents an adverse legal outcome in Canada and could limit Allstate’s position in the coverage dispute, though the immediate financial impact was not disclosed. Ontario excluded-driver coverage court ruling
• Negative Sentiment: Two Allstate insiders sold sizable positions. COO Mario Rizzo sold 56,225 shares for approximately $14.9 million, reducing his holdings by 40.6%. John Dugenske separately sold 32,996 shares worth about $8.9 million, cutting his position by 71.7%. Although insider sales may reflect personal financial planning, their size can weigh on investor sentiment. Allstate insider transactions

Allstate Company Profile

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.