Allstate Corporation (The) logo

Allstate Corporation (The)NYSE: ALL

Financials · Property & Casualty Insurance

$220.59

-0.48%

Vol: 1.7M

Research Digest

Thursday, June 18, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 17No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 16No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours.

May 21Allstate hit fresh all-time high near $222 after Q1 EPS of $10.65 and $16.9B revenue, with a new $4B buyback and $2.7B underwriting income; KBW raised target to $266.Positive

Allstate posted a strong Q1 2026 with adjusted EPS of $10.65 and revenue of $16.9B, plus $2.7B in underwriting income, and announced a new $4B share buyback that fueled investor confidence. Shares set an all-time high around $222.24 in mid-May. On May 7, KBW reiterated Outperform and raised its price target to $266 (implying ~22% upside); the average 12-month target was about $243.77. CEO Tom Wilson-linked trusts made non-market gifts of 142,306 stock option shares on May 7. Allstate also announced a multi-year ACC partnership through The Allstate Foundation on May 13. Consensus among 24 analysts is Moderate Buy.

May 20Allstate stock hit fresh all-time high near $222.24 in mid-May 2026 amid Q1 EPS beat of $10.65 on $16.9B revenue, 8% dividend hike, $4B buyback, and KBW PT raise to $266.Positive

Allstate stock hit a fresh all-time high around $222.24 per share in mid-May 2026, signaling renewed investor confidence in earnings power and risk management. KBW reiterated Outperform on May 7 and raised its price target to $266, with consensus PT around $243.77 representing ~12.1% premium. The company is showcasing financial strength with an 8% dividend increase and $4 billion buyback announced post-Q1, supported by an 82% combined ratio and $2.7B in underwriting income. CEO Thomas J. Wilson's trusts and LLCs transferred option interests covering 142,306 shares on May 7, 2026 (gifts, not open-market sales). Risk: hurricane/CAT season exposure ahead and any deterioration in combined ratio could pressure the elevated stock.

May 19Allstate stock hits all-time high $222.24 after Q1 beat ($10.65 EPS, 82% combined ratio) and $4B buyback announcement.Positive

Allstate reported Q1 adjusted EPS of $10.65 on $16.9B revenue, $2.7B underwriting income, and an 82% combined ratio, alongside a fresh $4B share repurchase authorization. The stock hit an all-time high of $222.24 in mid-May before settling at $217.36 on May 17. Keefe Bruyette kept Outperform and raised the PT to $266 on May 7 (22.4% implied upside). Among 24 analysts: 11 Strong Buy, 1 Moderate Buy, 10 Hold, 2 Strong Sell. Risk: 4.4% YTD lags S&P 500's 8.2%.

May 18Allstate announced ACC sponsorship partnership on May 13 amid post-Q1 strength and $4B buyback authorization.Positive

On May 13, 2026, Allstate and the Atlantic Coast Conference (ACC) announced a new partnership, building brand presence. On May 7, CEO-linked trusts/LLCs gifted option interests covering 142,306 underlying shares (exercise prices $92.46 and $124.26). These follow Q1 2026 results that beat materially: adjusted EPS $10.65 vs $7.28 consensus, revenue $16.9B, 82% combined ratio and $2.7B underwriting income, alongside a new $4B share buyback program. On May 11, analysts reaffirmed a $215 price target with Hold rating; on May 7, another firm raised its price target to $266.

May 15Allstate Q1 net income quadruples as homeowners combined ratio improves to 83.5; $4B buyback announced.Positive

Allstate posted Q1 2026 adjusted EPS of $10.65 vs $7.31 consensus on revenue of $16.9 billion, driven by sharply improved underwriting income. The homeowners segment combined ratio improved from 112.3 to 83.5 year-over-year due to a ~$780M drop in catastrophe losses. The company announced a new $4 billion share buyback authorization, signaling confidence in capital generation. Expected EPS growth rate for next 3-5 years is 19% vs industry average 7.7%, with 7.5% upward revision in earnings estimates over the last 60 days. Key risk remains catastrophe exposure and reinsurance pricing. Sentiment around the stock is firmly positive following the print.

May 14Allstate completes $1.25B sale of employer stop loss business to Nationwide as KBW raises price target to $266 after Q1 EPS blowoutPositive

Nationwide announced completion of its $1.25B acquisition of The Allstate Corporation's employer stop loss segment, finalizing the divestiture. On May 7, KBW raised its price target on Allstate to $266 from $260 with an Outperform rating. Allstate's Q1 2026 earnings (reported April 29) significantly beat expectations with adjusted EPS of $10.65 versus $7.28 prior year and revenue of $16.94B (up 3% YoY, beating $15.12B consensus by 12%). Net income reached $2.4B and investment income rose 9.8% to $938M. The company also authorized a new $4B share buyback. On May 7, The Allstate Foundation committed $15M to a new grantmaking effort focused on youth-led service. Piper Sandler raised its PT to $268. Bailard Inc. reduced its ALL holdings by 13.5% in Q4 2025 per a May 13 filing. Next earnings call scheduled for July 29.

May 13Bailard Inc. disclosed reduced Allstate holdings on May 13 amid insider activity; backdrop is Q1 beat (adj EPS $10.65, $16.9B revenue), $4B buyback, and KBW PT raised to $266 on May 7.Mixed

On May 13, 2026, Bailard Inc. disclosed it reduced its position in Allstate. Recent context: Allstate posted strong Q1 2026 with adjusted EPS of $10.65 and revenue of $16.9B, and announced a $4B share buyback. On May 7, Keefe, Bruyette & Woods raised its price target from $260 to $266 (Outperform), and Piper Sandler lifted its PT to $268. Insider activity included CEO-linked trusts gifting 142,306 stock option shares on May 7, and COO Mario Rizzo sold 18,578 shares on May 1 at ~$218.80. ALL hit an all-time high of $222.23 on May 5 before pulling back to ~$216.67. Risk: insider sales and institutional trimming despite bullish analyst posture.

May 12Wells Fargo raised Allstate price target to $243 on May 7 following Q1 2026 EPS beat and $4B buyback announcement; Piper Sandler also lifted target to $268Positive

Allstate reported strong Q1 2026 earnings with adjusted EPS of $10.65 and revenue of $16.9B, significantly beating expectations, and announced a new $4 billion share buyback. On May 7, 2026, Wells Fargo raised its price target to $243 from $229, while Piper Sandler had raised its target to $268 from $252 with Overweight on May 1. COO Mario Rizzo sold 18,578 shares on May 1 at an average price of $218.80 ($4.06M total). The Allstate Foundation also announced a $15M commitment on May 7 to expand youth-led service initiatives. Year-to-date the stock is up 4.83% with a 1-year total return of 7.53%.

May 11Allstate Q1 net income quadruples on underwriting gains; announces $4B share buybackPositive

Allstate reported strong Q1 2026 earnings, significantly beating expectations with adjusted EPS of $10.65 and revenue of $16.9 billion. Net income applicable to common shareholders more than quadrupled year-over-year due to a large underwriting gain. The homeowners combined ratio improved dramatically from an unprofitable 112.3 in Q1 2025 to 83.5 this year, helped by catastrophe losses dropping nearly $780 million. The Board authorized a new $4 billion share buyback program. Piper Sandler raised its price target to $268. The stock closed near $213.67 with analyst targets implying ~10.8% average upside.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
CBCHUBB$323.99-1.21%-2.0%11.1x0.42$125.4B
PGRPROGRESSIVE$203.88-0.26%+1.0%12.6x0.27$119.5B
TRVTRAVELERS$307.22+0.37%+0.8%10.8x0.49$65.5B
ALLALLSTATE$220.59-0.48%-1.5%8.4x0.19$56.9B
HIGHARTFORD$128.21-1.10%-5.0%9.1x0.47$35.2B
ACGLARCH$91.21-1.26%-5.4%9.2x0.31$31.9B

Key Fundamentals

Market Cap$56.9B
P/E (TTM)4.9
Forward P/E8.4
Beta0.19
Div Yield194.00%
Prev Close$221.66

RSI (14-Day)

54Neutral
0305070100

52-Week Range

$188.08$220.59$227.62
From High-3.1%
From Low+17.3%

Moving Averages

50d SMA
$213.17+3.5%
200d SMA
$205.77+7.2%

Price above both MAs — bullish structure.

Historical Returns

1W
-0.6%
1M
+3.0%
3M
+7.4%
6M
+6.1%
1Y
+8.1%
YTD
+8.8%

Volume

Today1.7M
20d Avg1.5M
Ratio1.13x