The Allstate Corporation Price & Performance (ALL-PJ)

Allstate has announced an increase in its quarterly dividend to $1.00 per share, up from $0.92, reflecting a $4.00 annualized dividend with a 1.93% yield. Simultaneously, the company initiated a $1.50 billion stock repurchase program, signaling confidence in its valuation. These moves underscore Allstate's focus on returning value to shareholders.123

Allstate continues to receive favorable ratings from analysts, with multiple "buy" and "outperform" recommendations. Piper Sandler recently set a $248 price target, citing strong fundamentals and potential growth in auto policies. Despite challenges such as catastrophe losses, analysts remain optimistic about the company's long-term performance.456

Allstate reported impressive Q4 results, with earnings of $7.67 per share, exceeding expectations. The company achieved a 32% year-over-year increase, driven by higher premiums and investment income. While revenue slightly missed estimates, analysts forecast modest EPS growth for 2025, projecting $18.65, supported by robust operational performance.789