Allstate Corporation (NYSE: ALL) Quarterly Earnings Preview

Allstate Corporation (NYSE: ALL) is a leading insurance company in the United States, offering a variety of insurance products, including auto, home, and life insurance. It competes with other major insurers like State Farm and GEICO. On May 6, 2025, Elyse Greenspan from Wells Fargo set a price target of $197 for Allstate. At that time, the stock was priced at $200.17, showing a slight difference of -1.58% from the target.

Recently, Allstate received an upgrade to a "buy" rating from a previous "hold" status. This change is attributed to positive developments such as growth in new policies across auto, home, and protection sectors, which are boosting revenue. The company's strong credit rating and improved expense ratio further support this positive outlook.

Allstate's consistent dividend growth is driven by strong operating cash flow, making it an attractive option for investors seeking income. Despite concerns about potential catastrophe losses, Allstate effectively manages this risk through reinsurance strategies, ensuring stability in its financial performance.

Currently, Allstate's stock is priced at $200.30, reflecting a slight increase of 0.05, or approximately 2.50%. The stock has fluctuated between $199.62 and $200.615 today. Over the past year, it has reached a high of $212.91 and a low of $156.66, indicating some volatility in its performance.

With a market capitalization of approximately $53.04 billion, Allstate remains a significant player in the insurance industry. Today's trading volume for ALL is 55,393 shares, suggesting moderate investor interest. As Allstate continues to grow its policy base and manage risks effectively, it remains a company to watch in the insurance sector.

Allstate Corporation (NYSE: ALL) is a leading insurance company in the United States, offering a variety of insurance products, including auto, home, and life insurance. It competes with other major insurers like State Farm and GEICO. On May 6, 2025, Elyse Greenspan from Wells Fargo set a price target of $197 for Allstate. At that time, the stock was priced at $200.17, showing a slight difference of -1.58% from the target.

Recently, Allstate received an upgrade to a "buy" rating from a previous "hold" status. This change is attributed to positive developments such as growth in new policies across auto, home, and protection sectors, which are boosting revenue. The company's strong credit rating and improved expense ratio further support this positive outlook.

Allstate's consistent dividend growth is driven by strong operating cash flow, making it an attractive option for investors seeking income. Despite concerns about potential catastrophe losses, Allstate effectively manages this risk through reinsurance strategies, ensuring stability in its financial performance.

Currently, Allstate's stock is priced at $200.30, reflecting a slight increase of 0.05, or approximately 2.50%. The stock has fluctuated between $199.62 and $200.615 today. Over the past year, it has reached a high of $212.91 and a low of $156.66, indicating some volatility in its performance.

With a market capitalization of approximately $53.04 billion, Allstate remains a significant player in the insurance industry. Today's trading volume for ALL is 55,393 shares, suggesting moderate investor interest. As Allstate continues to grow its policy base and manage risks effectively, it remains a company to watch in the insurance sector.

Allstate (NYSE:ALL) delivered a standout fourth quarter, surpassing Wall Street expectations and sending its stock up more than 3% in pre-market today. The insurer benefited from improved underwriting results in its Property-Liability segment and a surge in investment income, bolstering its overall financial performance.

For the quarter, Allstate posted adjusted earnings per share of $7.67, a sharp increase from the $5.82 reported a year earlier. Revenue climbed to $16.5 billion, exceeding analyst estimates of $15.96 billion and reflecting an 11.3% year-over-year gain. Net income also saw a significant jump, reaching $1.9 billion—up 30.1% from the prior year.

A major driver of this strong performance was the company’s investment portfolio, which generated $3.1 billion in income for the year, marking a 24.8% increase from the previous period. The insurer attributed this growth to a shift toward higher-yielding fixed-income securities, portfolio expansion, and improved performance-based investments.

Looking ahead, Allstate anticipates continued growth in its Property-Liability segment throughout 2025. With auto insurance policy renewals improving and new business picking up, the company expects to see further expansion in policies and sustained financial strength in the year ahead.

Allstate (NYSE:ALL) delivered a standout fourth quarter, surpassing Wall Street expectations and sending its stock up more than 3% in pre-market today. The insurer benefited from improved underwriting results in its Property-Liability segment and a surge in investment income, bolstering its overall financial performance.

For the quarter, Allstate posted adjusted earnings per share of $7.67, a sharp increase from the $5.82 reported a year earlier. Revenue climbed to $16.5 billion, exceeding analyst estimates of $15.96 billion and reflecting an 11.3% year-over-year gain. Net income also saw a significant jump, reaching $1.9 billion—up 30.1% from the prior year.

A major driver of this strong performance was the company’s investment portfolio, which generated $3.1 billion in income for the year, marking a 24.8% increase from the previous period. The insurer attributed this growth to a shift toward higher-yielding fixed-income securities, portfolio expansion, and improved performance-based investments.

Looking ahead, Allstate anticipates continued growth in its Property-Liability segment throughout 2025. With auto insurance policy renewals improving and new business picking up, the company expects to see further expansion in policies and sustained financial strength in the year ahead.

Allstate Corporation (NYSE: ALL) is a leading insurance company in the United States, offering a range of products including auto, home, and life insurance. As a major player in the insurance industry, Allstate competes with other giants like State Farm and GEICO. The company is set to release its quarterly earnings on February 5, 2025, with analysts estimating an EPS of $5.40 and revenue of $16.23 billion.

For the quarter ending December 2024, analysts expect Allstate to report earnings of $6.35 per share, a 9.1% increase from the previous year. Revenue is projected to reach $16.71 billion, reflecting a 12.1% year-over-year growth. Despite these positive projections, there has been a 5.3% downward revision in the consensus EPS estimate over the past 30 days, indicating a reassessment by analysts.

The Zacks Consensus Estimate anticipates earnings of $6.20 per share for Allstate, with revenues projected at $16.71 billion. This represents a year-over-year earnings growth of 6.5% and a revenue increase of 12.1%. Notably, there have been five upward revisions to the earnings estimate in the past month, suggesting positive sentiment among analysts.

Allstate's full-year 2024 revenues are expected to reach $64.32 billion, marking a 12.1% increase from the previous year. The estimated EPS for 2024 is $16.83, a significant rise from the previous year's 95 cents. The company's fourth-quarter results are likely to benefit from growing premiums and increased profits in its auto segment.

Allstate's financial metrics provide insight into its market valuation. The company has a P/E ratio of approximately 12.01, a price-to-sales ratio of about 0.81, and an enterprise value to sales ratio of around 0.93. Its debt-to-equity ratio is approximately 0.39, indicating a moderate level of debt relative to its equity. These figures suggest a stable financial position for Allstate.