Roth Capital Analysts Cut Earnings Estimates for Allstate

The Allstate Co. (NYSE:ALL - Free Report) - Research analysts at Roth Capital dropped their Q1 2025 earnings per share (EPS) estimates for Allstate in a report issued on Thursday, February 6th. Roth Capital analyst H. Fong now anticipates that the insurance provider will post earnings of $3.43 per share for the quarter, down from their prior forecast of $5.80. The consensus estimate for Allstate's current full-year earnings is $18.64 per share. Roth Capital also issued estimates for Allstate's Q3 2025 earnings at $4.51 EPS, Q4 2025 earnings at $6.56 EPS and FY2025 earnings at $17.55 EPS.

Several other equities research analysts have also commented on the stock. UBS Group raised their price target on shares of Allstate from $216.00 to $225.00 and gave the company a "buy" rating in a research note on Monday, November 4th. The Goldman Sachs Group raised their target price on Allstate from $209.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods boosted their price target on Allstate from $235.00 to $240.00 and gave the stock an "outperform" rating in a research report on Tuesday. Evercore ISI raised Allstate from an "in-line" rating to an "outperform" rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company upped their price objective on shares of Allstate from $186.00 to $187.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $217.94.

Allstate Stock Performance

Shares of Allstate stock traded up $3.64 during trading on Monday, hitting $192.97. 1,889,110 shares of the stock were exchanged, compared to its average volume of 1,789,573. The stock has a market cap of $51.10 billion, a PE ratio of 11.36, a P/E/G ratio of 1.47 and a beta of 0.52. The stock's fifty day moving average is $191.46 and its 200 day moving average is $189.48. Allstate has a 12 month low of $153.87 and a 12 month high of $209.88. 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 (NYSE:ALL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $7.67 EPS for the quarter, topping analysts' consensus estimates of $5.40 by $2.27. Allstate had a return on equity of 28.20% and a net margin of 7.28%.

Institutional Trading of Allstate

Several large investors have recently added to or reduced their stakes in ALL. JPMorgan Chase & Co. lifted its stake in Allstate by 5.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 577,934 shares of the insurance provider's stock worth $109,605,000 after acquiring an additional 28,584 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in shares of Allstate by 117.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 4,896 shares of the insurance provider's stock worth $944,000 after purchasing an additional 2,643 shares in the last quarter. Hennessy Advisors Inc. boosted its holdings in shares of Allstate by 6.9% during the fourth quarter. Hennessy Advisors Inc. now owns 58,600 shares of the insurance provider's stock worth $11,297,000 after purchasing an additional 3,800 shares during the period. Artemis Investment Management LLP grew its position in Allstate by 33.3% during the fourth quarter. Artemis Investment Management LLP now owns 401,542 shares of the insurance provider's stock valued at $77,413,000 after purchasing an additional 100,311 shares in the last quarter. Finally, Eagle Asset Management Inc. increased its stake in Allstate by 38.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 10,497 shares of the insurance provider's stock valued at $2,067,000 after buying an additional 2,888 shares during the period. 76.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Jesse E. Merten sold 40,102 shares of the business's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $186.53, for a total transaction of $7,480,226.06. Following the sale, the chief financial officer now owns 18,115 shares in the company, valued at $3,378,990.95. The trade was a 68.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is currently owned by company insiders.

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.