Allstate (NYSE:ALL) Stock Gets Downgrade from Wall Street Zen

Posted by Stanley Muller on Oct 27th, 2026

Allstate (NYSE:ALL – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

Several other equities research analysts have also weighed in on ALL. Citigroup dropped their price objective on shares of Allstate from $240.00 to $215.00 and set a “sell” rating on the stock in a research note on Friday, October 2nd. Piper Sandler restated an “overweight” rating on shares of Allstate in a research note on Monday, September 28th. Argus set a $238.00 target price on Allstate in a report on Friday, August 28th. Barclays lowered their target price on Allstate from $226.00 to $221.00 and set an “underweight” rating for the company in a report on Wednesday, October 7th. Finally, Mizuho dropped their price target on Allstate from $300.00 to $295.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Allstate presently has an average rating of “Hold” and an average price target of $270.19.

Check Out Our Latest Stock Analysis on ALL

Allstate Stock Up 1.1%

ALL stock opened at $255.89 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.36 and a quick ratio of 0.36. Allstate has a 1-year low of $188.08 and a 1-year high of $277.22. The firm has a fifty day moving average price of $245.82 and a two-hundred day moving average price of $226.99. The firm has a market cap of $64.70 billion, a price-to-earnings ratio of 5.11, a PEG ratio of 0.56 and a beta of 0.13.

Allstate (NYSE:ALL – Get Free Report) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $8.99 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $2.93. Allstate had a net margin of 18.97% and a return on equity of 41.64%. The company had revenue of $18.60 billion for the quarter, compared to analysts’ expectations of $15.46 billion. During the same period in the prior year, the company earned $5.94 earnings per share. The firm’s revenue was up 11.8% compared to the same quarter last year. Research analysts predict that Allstate will post 36.21 EPS for the current year.

Insider Buying and Selling at Allstate

In other Allstate 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 sale, the insider directly owned 13,054 shares in the company, valued at approximately $3,515,833.82. This trade represents a 71.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Mario Rizzo sold 56,225 shares of Allstate stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $264.48, for a total transaction of $14,870,388.00. Following the sale, the chief operating officer directly owned 82,227 shares of the company’s stock, valued at $21,747,396.96. This trade represents a 40.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.55% of the stock is currently owned by corporate insiders.

Institutional Trading of Allstate

Several large investors have recently made changes to their positions in the stock. Gables Capital Management Inc. bought a new position in Allstate during the second quarter valued at about $26,000. Kelleher Financial Advisors acquired a new position in Allstate during the 2nd quarter worth about $28,000. Evolution Wealth Management Inc. grew its stake in shares of Allstate by 7,000.0% during the first quarter. Evolution Wealth Management Inc. now owns 142 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 140 shares during the last quarter. Allied Private Wealth LLC bought a new position in Allstate in the 2nd quarter valued at $29,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in Allstate in the first quarter valued at about $30,000. Institutional investors own 76.47% of the company’s stock.

Allstate Company Profile

(Get Free Report)

Allstate Corp. (NYSE: ALL) is an insurance company that provides protection products and related services primarily in the United States. Its offerings include automobile, homeowners, renters, condominium, motorcycle and other personal property and casualty insurance, distributed through agents, brokers, direct channels and digital platforms.

The company also provides roadside assistance, identity-protection services and protection plans for consumer products. Through its acquisition of National General, Allstate expanded its presence in independent-agent distribution and specialty personal insurance.