
Financials · Property & Casualty Insurance
$220.59
-0.48%
Vol: 1.7M
Thursday, June 18, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
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.
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.
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%.
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.
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.
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.
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.
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%.
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.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CBCHUBB | $323.99 | -1.21% | -2.0% | 11.1x | 0.42 | $125.4B |
| PGRPROGRESSIVE | $203.88 | -0.26% | +1.0% | 12.6x | 0.27 | $119.5B |
| TRVTRAVELERS | $307.22 | +0.37% | +0.8% | 10.8x | 0.49 | $65.5B |
| ALLALLSTATE | $220.59 | -0.48% | -1.5% | 8.4x | 0.19 | $56.9B |
| HIGHARTFORD | $128.21 | -1.10% | -5.0% | 9.1x | 0.47 | $35.2B |
| ACGLARCH | $91.21 | -1.26% | -5.4% | 9.2x | 0.31 | $31.9B |
Price above both MAs — bullish structure.