Argus Research Downgrades Allstate to Hold From Buy
Allstate (ALL) has an average rating of hold and mean price target of $276.27, according to analysts polled by FactSet.
26 stories mentioning ALLUpdated 23d ago
Every FINWIRES story that references ALL, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Allstate (ALL) has an average rating of hold and mean price target of $276.27, according to analysts polled by FactSet.
Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.9%.Futu Holdings (FUTU) stock was up more than 9% after the company reported higher Q2 net income and revenue.Aegon (AEG) shares were down more than 2% even after the company reported higher H1 net results and revenue.Allstate (ALL) said it expects catastrophe losses of $682 million in July, or $539 million after tax. Allstate stock was down more than 1% pre-bell.
Allstate (ALL) has an average rating of hold and mean price target of $275.68, according to analysts polled by FactSet.
Mario Rizzo, Chief Operating Officer, on August 11, 2026, sold 56,225 shares in Allstate (ALL) for $14,870,514. Following the Form 4 filing with the SEC, Rizzo has control over a total of 83,910 common shares of the company, with 82,227 shares held directly and 1,683 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/899051/000089905126000123/xslF345X05/form4.xml
Allstate (ALL) has an average rating of hold and mean price target of $272.59, according to analysts polled by FactSet.Price: $267.19, Change: $-2.48, Percent Change: -0.92%
Allstate (ALL) has an average rating of hold and mean price target of $271.91, according to analysts polled by FactSet.
Allstate (ALL) has an average rating of overweight and mean price target of $269.36, according to analysts polled by FactSet.Price: $267.53, Change: $-7.58, Percent Change: -2.76%
Allstate (ALL) has an average rating of overweight and mean price target of $269.36, according to analysts polled by FactSet.Price: $267.53, Change: $-7.58, Percent Change: -2.76%
Allstate (ALL) has an average rating of overweight and mean price target of $269.36, according to analysts polled by FactSet.Price: $267.53, Change: $-7.58, Percent Change: -2.76%
Allstate (ALL) has an average rating of hold and mean price target of $266.23, according to analysts polled by FactSet.
Allstate's (ALL) underlying underwriting margins are expected to deteriorate over the next six months, a shift that may send earnings lower, increase the chances of modest profit misses, and leave the stock trailing the broader property and casualty insurance sector, UBS Securities said Tuesday in a report.Reported EPS currently exceeds Allstate's sustainable earnings power as auto and homeowners loss ratios remain well below normalized levels, UBS said.The company still may deliver a Q2 earnings beat on better-than-expected underlying combined auto and home ratios, which might support near-term stock performance, UBS said.Margins are expected to peak in H2 with earnings deteriorating in 2027 and 2028, partly as competitive pressures, moderating pricing, and normalizing claims frequency push underwriting results back toward historical levels, the report said.UBS downgraded Allstate's stock rating to neutral from buy and lifted its price target to $261 from $255.Price: $241.05, Change: $-9.30, Percent Change: -3.71%
Allstate (ALL) has an average rating of overweight and mean price target of $253.57, according to analysts polled by FactSet.
Allstate (ALL) has an average rating of overweight and mean price target of $249.59, according to analysts polled by FactSet.Price: $249.99, Change: $-1.18, Percent Change: -0.47%
Allstate Maintains Quarterly Dividend at $1.08 a Share, Payable Oct. 1 to Shareholders of Record on Aug. 31
Personal line carriers such as Progressive (PGR) and Travelers (TRV) are positioned to report strong, underwriting in 2026 and portions of 2027, before a more meaningful loss ratio deterioration in 2028, Morgan Stanley said in a Wednesday note.Favorable trends from tort reforms and slower physical damage growth are expected to continue through 2026 and 2027 after supporting 2024 and 2025 personal auto insurance losses, the investment firm said.The insurance companies expected to benefit include Allstate (ALL), Hartford Insurance Group (HIG) and Hanover Insurance (THG), according to the note.Inflation and lower pricing should also drive losses for personal auto insurance and extend profitability, the brokerage added. Loss deterioration, however, is likely to be moderate amid better management of social inflation and as earned pricing takes time, Morgan Stanley noted.Morgan Stanley raised its price targets on Travelers to $333 from $330 and to $225 from $220 for Hanover Insurance, with an equal-weight rating for both.Price: $236.34, Change: $+1.94, Percent Change: +0.83%
Allstate (ALL) has an average rating of overweight and mean price target of $242.36, according to analysts polled by FactSet.Price: $218.92, Change: $-2.74, Percent Change: -1.24%
Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each declining 0.5%.The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.5%.Bitcoin (BTC-USD) was adding 0.2% to $63,421, and the yield for 10-year US Treasuries rose 1.6 basis points to 4.552%.In economic news, consumer expectations for one-year US inflation growth decreased to a 3.5% gain in May from a 3.6% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained unchanged at 3.1% gain for the three-year period and at a 3.0% gain for five years ahead.In corporate news, Allstate (ALL) shares fell 2.4% after Keefe Bruyette & Woods downgraded the stock to market perform from outperform and lowered the price target to $242 from $266.Blue Owl Capital (OWL), Ares Management (ARES), and Golub Capital are among firms targeting a $500 billion opportunity in Mexican pension funds, Bloomberg reported. Reforms have boosted contributions to workers' accounts, while new rules allow the Mexican funds to allocate more to international private-markets managers, the report said. Blue Owl shares were down 4.1%, and Ares rose 0.6%.Goldman Sachs (GS) and JPMorgan Chase (JPM) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported. Goldman shares added 0.6%, and JPMorgan was down 0.3%.Blackstone Digital Infrastructure Trust (BXDC) offers exposure to stabilized data center assets with limited development risk, while projected industry-leading AFFO/share growth and potential cap rate compression provide investment upside, with Blackstone (BX) backing adding to the credibility, BofA Securities said in a note. Blackstone Digital Infrastructure Trust shares rose 1.4%.
Allstate (ALL) shares were down 2.4% in Monday trading after Keefe Bruyette & Woods downgraded the stock to market perform from outperform and lowered the price target to $242 from $266.Trading volume stood at more than 680,600 shares, compared with a daily average of about 1.5 million.Price: $215.67, Change: $-5.34, Percent Change: -2.42%
Allstate (ALL) has an average rating of overweight and mean price target of $242.05, according to analysts polled by FactSet.
Allstate Keeps Quarterly Dividend at $1.08 a Share, Payable July 1 to Shareholders of Record as of June 1
Showing 1-20 of 26