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Allstate (ALL) Rises Higher Than Market: Key Facts
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Allstate (ALL - Free Report) ended the recent trading session at $255.95, demonstrating a +1.09% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.7%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.83%.
Prior to today's trading, shares of the insurer had gained 11.24% outpaced the Finance sector's loss of 0.78% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Allstate to post earnings of $7.03 per share. This would mark a year-over-year decline of 37.06%. Meanwhile, our latest consensus estimate is calling for revenue of $17.84 billion, up 4.93% from the prior-year quarter.
ALL's full-year Zacks Consensus Estimates are calling for earnings of $36.21 per share and revenue of $71.04 billion. These results would represent year-over-year changes of +3.96% and +4.69%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Allstate. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.25% upward. Allstate currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Allstate currently has a Forward P/E ratio of 6.99. Its industry sports an average Forward P/E of 11.75, so one might conclude that Allstate is trading at a discount comparatively.
Investors should also note that ALL has a PEG ratio of 0.56 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Insurance - Property and Casualty industry stood at 2.02 at the close of the market yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 67, placing it within the top 28% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Allstate (ALL) Rises Higher Than Market: Key Facts
Allstate (ALL - Free Report) ended the recent trading session at $255.95, demonstrating a +1.09% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.7%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.83%.
Prior to today's trading, shares of the insurer had gained 11.24% outpaced the Finance sector's loss of 0.78% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Allstate to post earnings of $7.03 per share. This would mark a year-over-year decline of 37.06%. Meanwhile, our latest consensus estimate is calling for revenue of $17.84 billion, up 4.93% from the prior-year quarter.
ALL's full-year Zacks Consensus Estimates are calling for earnings of $36.21 per share and revenue of $71.04 billion. These results would represent year-over-year changes of +3.96% and +4.69%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Allstate. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.25% upward. Allstate currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Allstate currently has a Forward P/E ratio of 6.99. Its industry sports an average Forward P/E of 11.75, so one might conclude that Allstate is trading at a discount comparatively.
Investors should also note that ALL has a PEG ratio of 0.56 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Insurance - Property and Casualty industry stood at 2.02 at the close of the market yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 67, placing it within the top 28% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.