Citigroup Issues Positive Forecast for Allstate (NYSE:ALL) Stock Price

Posted by Francis Steltz on Nov 6th, 2026

Allstate (NYSE:ALL – Get Free Report) had its price target raised by stock analysts at Citigroup from $215.00 to $225.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “sell” rating on the insurance provider’s stock. Citigroup‘s price objective would indicate a potential downside of 11.86% from the company’s current price.

ALL has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their price objective on Allstate from $282.00 to $292.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. TD Cowen increased their target price on shares of Allstate from $231.00 to $260.00 and gave the stock a “hold” rating in a report on Wednesday, September 23rd. Raymond James Financial reissued a “strong-buy” rating and issued a $315.00 target price (up from $300.00) on shares of Allstate in a report on Tuesday, August 11th. Roth Capital set a $300.00 target price on shares of Allstate in a research note on Thursday, August 6th. Finally, BMO Capital Markets lifted their price target on shares of Allstate from $250.00 to $284.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $272.00.

View Our Latest Stock Report on Allstate

Allstate Stock Performance

Allstate stock traded down $11.45 during trading on Friday, reaching $255.27. The company had a trading volume of 2,173,154 shares, compared to its average volume of 1,755,936. The firm has a market capitalization of $64.55 billion, a price-to-earnings ratio of 5.78, a price-to-earnings-growth ratio of 0.59 and a beta of 0.13. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $245.96 and its 200 day simple moving average is $229.53. Allstate has a 52 week low of $191.13 and a 52 week high of $281.11.

Allstate (NYSE:ALL – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $9.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.89 by $2.87. The business had revenue of $17.35 billion during the quarter, compared to analyst estimates of $15.87 billion. Allstate had a return on equity of 38.48% and a net margin of 16.57%. Allstate’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $11.17 earnings per share. Sell-side analysts forecast that Allstate will post 36.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Allstate news, COO Mario Rizzo sold 56,225 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Allstate

A number of hedge funds have recently made changes to their positions in the business. Gables Capital Management Inc. purchased a new position in shares of Allstate in the 2nd quarter valued at approximately $26,000. Kelleher Financial Advisors purchased a new stake in Allstate during the 2nd quarter worth approximately $28,000. Allied Private Wealth LLC purchased a new stake in Allstate during the 2nd quarter worth approximately $29,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Allstate during the 1st quarter valued at approximately $30,000. Finally, Prudent Man Investment Management Inc. acquired a new position in Allstate during the 3rd quarter valued at approximately $30,000. Institutional investors own 76.47% of the company’s stock.

Trending Headlines about Allstate

Here are the key news stories impacting Allstate this week:

Positive Sentiment: Allstate reported Q3 earnings of $9.76 per share, above estimates, with revenue also topping the consensus cited in the earnings report. Protection Services growth and higher investment income helped support results. ALL Q3 Earnings Beat on Protection Services Unit Strength
Positive Sentiment: Management highlighted growth and progress on AI, including plans to launch a personal “agentic assistant” in early 2027. These initiatives could improve customer service and operating efficiency over time. Allstate signals early 2027 launch of personal agentic assistant
Neutral Sentiment: Auto policies grew 3.4%, but rising underlying claim costs alongside falling average premiums raise questions about the profitability of that growth. Allstate grows auto policies but underlying loss costs are rising
Negative Sentiment: Catastrophe losses weighed heavily on the quarter: a report said Q3 net income fell about 45%, and earnings per share declined from $11.17 a year earlier to $9.76. The earnings beat therefore may not fully ease concerns about earnings quality and volatility. Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses
Negative Sentiment: Analyst signals were mixed but leaned cautious: HSBC cut its rating from buy to hold, Wells Fargo maintained equal weight with a $252 target, and Barclays kept an underweight rating despite raising its target to $228. Unusually elevated put-option trading also points to increased hedging or bearish positioning. Read More. · Read More. · Read More.

Allstate Company Profile

(Get Free Report)

Allstate Corporation is a U.S.-based insurance company that provides property and casualty coverage and related protection products. Its offerings include auto, homeowners, renters, condominium, motorcycle and recreational vehicle insurance, as well as life insurance and roadside assistance.

The company sells products through its Allstate-branded business and other businesses, including National General, using agents and direct-to-consumer channels. Allstate primarily serves customers in the United States.

Founded in 1931 as part of Sears, Roebuck and Co, Allstate became an independent, publicly traded company in 1993.