What is Zacks Research’s Forecast for Allstate Q2 Earnings?

The Allstate Co. (NYSE:ALL) – Research analysts at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for shares of Allstate in a research report issued on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the insurance provider will post earnings of $3.11 per share for the quarter, up from their previous forecast of $3.04. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Zacks Research also issued estimates for Allstate’s Q3 2025 earnings at $4.33 EPS, Q4 2025 earnings at $6.69 EPS, FY2025 earnings at $17.66 EPS, Q1 2026 earnings at $5.28 EPS, Q2 2026 earnings at $4.06 EPS, Q3 2026 earnings at $4.77 EPS, Q4 2026 earnings at $7.70 EPS and FY2026 earnings at $21.80 EPS.

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

Several other equities research analysts have also recently commented on ALL. Keefe, Bruyette & Woods boosted their target price on Allstate from $228.00 to $235.00 and gave the company an “outperform” rating in a research note on Wednesday, May 7th. Argus upgraded Allstate from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Morgan Stanley boosted their target price on Allstate from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. boosted their target price on Allstate from $217.00 to $222.00 and gave the company an “overweight” rating in a research note on Tuesday, April 8th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Allstate in a research note on Friday. One analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $225.20.

Allstate Trading Down 0.9%

NYSE ALL opened at $208.09 on Monday. The stock has a market capitalization of $55.11 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 1.01 and a beta of 0.32. The stock’s 50 day moving average price is $199.83 and its two-hundred day moving average price is $196.02. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.40 and a current ratio of 0.36. Allstate has a 52 week low of $156.66 and a 52 week high of $212.91.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ALL. Park Avenue Securities LLC increased its holdings in shares of Allstate by 40.8% during the 4th quarter. Park Avenue Securities LLC now owns 10,184 shares of the insurance provider’s stock worth $1,963,000 after acquiring an additional 2,951 shares during the last quarter. Carnegie Investment Counsel increased its holdings in shares of Allstate by 116.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,562 shares of the insurance provider’s stock worth $494,000 after acquiring an additional 1,381 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Allstate by 30.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,456 shares of the insurance provider’s stock worth $281,000 after acquiring an additional 340 shares during the last quarter. Merit Financial Group LLC increased its holdings in shares of Allstate by 78.9% during the 4th quarter. Merit Financial Group LLC now owns 3,909 shares of the insurance provider’s stock worth $754,000 after acquiring an additional 1,724 shares during the last quarter. Finally, Premier Path Wealth Partners LLC increased its holdings in shares of Allstate by 4.7% during the 4th quarter. Premier Path Wealth Partners LLC now owns 2,480 shares of the insurance provider’s stock worth $478,000 after acquiring an additional 112 shares during the last quarter. 76.47% of the stock is owned by institutional investors and hedge funds.

Allstate declared that its Board of Directors has approved a share 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 purchase up to 3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Allstate Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 10th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from Allstate’s previous quarterly dividend of $0.92. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.92%. Allstate’s payout ratio is presently 27.32%.

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.