How Is Allstate’s Stock Performance Compared to Other P&C Insurers?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
0mins
Source: NASDAQ.COM
Company Overview: The Allstate Corporation, based in Northbrook, Illinois, is a major player in the property and casualty insurance market with a market cap of $55 billion, ranking as the fourth largest P&C insurer and second largest home insurance provider in the U.S.
Stock Performance: Allstate's stock has shown strong growth, gaining 5.7% over the past three months and 30.2% over the past year, despite a slight dip following mixed Q4 results; analysts maintain a "Moderate Buy" rating with a price target suggesting an 8.8% upside from current levels.
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Analyst Views on ALL
Wall Street analysts forecast ALL stock price to fall
16 Analyst Rating
9 Buy
6 Hold
1 Sell
Moderate Buy
Current: 243.120
Low
207.00
Averages
239.64
High
281.00
Current: 243.120
Low
207.00
Averages
239.64
High
281.00
About ALL
The Allstate Corporation protects people from life's uncertainties with an array of protection for autos, homes, electronic devices and identity theft. The Company's products are available through Allstate agents, independent agents, major retailers, online and at the workplace. Its Allstate Protection segment offers private passenger auto, homeowners and other property insurance in the United States and Canada. Its Run-off Property-Liability segment includes property and casualty insurance coverage. The Company’s Protection Services segment comprises protection plans, roadside, dealer services, identity protection and arity. Protection Services also provides consumer product protection plans, device and mobile data collection services and analytic solutions using automotive telematics information, roadside assistance, protection and insurance products and identity protection and restoration through Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Brownsville Again Ranked Safest City in America
- City Safety Rankings: According to Allstate's 2026 America's Best Drivers Report, Brownsville is again ranked as the safest city in the U.S., with drivers averaging 14.99 years between collisions, which is 27.5% lower than the national average, thereby reducing insurance costs and enhancing local residents' sense of safety.
- Collision Risk Analysis: Boston is identified as the most collision-prone city, with drivers averaging 3.76 years between collisions, making them 189% more likely to experience a crash than the national average, which can lead to higher repair and insurance costs, impacting the local economy.
- Texas Performance: Multiple Texas cities, including McAllen and Laredo, have made it into the top ten, showcasing the state's ongoing advantage in driving safety, reflecting good driving habits and lower accident rates among Texas residents.
- Impact of Driving Behavior: Allstate's Drivewise app provides real-time feedback to help drivers improve their habits and reduce collision risks; the report indicates that simple adjustments in driving behavior, such as slowing down and staying focused, can significantly lower accident rates and consequently reduce insurance costs.
See More
Brownsville, Texas Ranks Safest City for Second Year in Allstate Report
- Safety City Ranking: Brownsville, Texas, has been ranked the safest city in the U.S. for the second consecutive year, with drivers averaging nearly 15 years between collisions, significantly reducing insurance costs and accident risks in the region.
- Collision Risk Comparison: Boston is identified as the most collision-prone city, with drivers averaging 3.76 years between collisions, making them 189% more likely to experience a crash than the national average, leading to higher repair and insurance costs.
- City Ranking Changes: Waco, Texas, made the largest improvement by climbing 40 spots in the rankings, while Detroit saw the steepest decline, dropping 38 spots, illustrating how changes in traffic patterns and driving behaviors impact city safety rankings.
- Driving Behavior Analysis: Allstate's Drivewise app provides feedback on driving habits such as speeding, hard braking, and phone use, helping drivers identify risky behaviors to lower collision risks and save on insurance costs.
See More
Federal Reserve Rate Hike Expectations Rise
- Inflation Data Surprises: The Personal Consumption Expenditures Price Index revealed a 4.1% year-over-year increase in May, with a 3.4% rise excluding food and energy, both significantly above the Fed's 2% target, potentially forcing an earlier rate hike to combat persistent inflation.
- Strong Labor Market: An average of over 188,000 net jobs added monthly over the past three months indicates a resilient labor market, providing the Fed with the confidence to raise rates, suggesting that the economy can withstand higher interest rates.
- Market Rate Hike Expectations: Futures markets are pricing in a 63% chance of a rate hike at the September meeting, with an 80% likelihood of a higher benchmark rate in a year, reflecting strong investor sentiment regarding future rate increases that could impact overall market dynamics.
- Financial Stocks Benefit: Rising interest rates will likely widen the net interest margins for major banks like JPMorgan Chase and Bank of America, boosting profits; the Financial Select Sector SPDR ETF has risen 4.2% in the past month, outperforming the broader market, indicating potential gains for financial stocks in a higher rate environment.
See More
Fed Rate Hike Expectations Boost Financial Stocks
- Rate Hike Expectations: The futures market indicates a 63% chance that the Fed will raise rates at the September meeting, which will widen the net interest margins for financial institutions like JPMorgan Chase and Bank of America, enhancing their profitability and reflecting market optimism towards financial stocks.
- Strong Financial Stock Performance: Over the past month, the State Street Financial Select Sector SPDR ETF, which tracks the S&P 500 financial sector, has risen approximately 4.2%, while the broader S&P 500 index has declined about 2%, showcasing the robust performance of financial stocks amid rising rate expectations.
- Increased Earnings for Insurers: As interest rates rise, insurance companies can invest premiums at higher yields, benefiting firms like Berkshire Hathaway and Allstate, which will enhance returns on their investment portfolios.
- Brokerage Profit Growth: Brokerages such as LPL Financial and Charles Schwab will earn more on the substantial cash held for clients, as they invest this cash in short-term securities that are most sensitive to Fed rate hikes, likely driving their profit growth.
See More
Analysis of the Importance of Market Capitalization
- Importance of Market Capitalization: Market capitalization provides investors with a true comparison of a company's stock value, with W.W. Grainger Inc. at $63.33 billion and Allstate Corp at $57.29 billion, highlighting Grainger's relative market strength.
- True Value Comparison: Simply comparing stock prices does not reflect true company value; market capitalization accounts for share counts, enabling more accurate comparisons and helping investors make informed decisions.
- Impact on Investment Choices: Market capitalization affects a company's size ranking among peers, as large mutual funds typically focus on companies valued over $10 billion, directly influencing which stocks can be included in their portfolios.
- Market Performance Discrepancies: In recent trading, GWW's stock fell approximately 1.3% while ALL's rose about 4.3%, reflecting differing investor sentiment and expectations for these two companies.
See More
Allstate Reports May Catastrophe Losses of $289M, Down from $777M in 2025
- Catastrophe Loss Overview: Allstate reported catastrophe losses of $289 million for May 2026, or $228 million after tax, significantly lower than the $777 million (after tax $614 million) losses in May 2025, indicating improvements in the company's disaster management.
- Total Loss Analysis: The total catastrophe losses for Allstate reached $1.16 billion, or $915 million after tax, as of May 2026, down from $1.37 billion (after tax $1.08 billion) in the same period of 2025, showcasing effective risk control measures.
- Policy Growth Status: As of May 31, 2026, Allstate's total policies in force increased to 38,799, reflecting a month-over-month growth of 0.3% and a year-over-year growth of 2.4%, indicating a stable customer base amid competitive market conditions.
- Auto and Homeowner Policies: The number of auto policies reached 25,901, with a month-over-month increase of 0.4% and a year-over-year increase of 2.7%; homeowner policies rose to 7,788, up 0.3% month-over-month and 2.6% year-over-year, reflecting the company's sustained growth potential across multiple insurance sectors.
See More
Brownsville Again Ranked Safest City in America
- City Safety Rankings: According to Allstate's 2026 America's Best Drivers Report, Brownsville is again ranked as the safest city in the U.S., with drivers averaging 14.99 years between collisions, which is 27.5% lower than the national average, thereby reducing insurance costs and enhancing local residents' sense of safety.
- Collision Risk Analysis: Boston is identified as the most collision-prone city, with drivers averaging 3.76 years between collisions, making them 189% more likely to experience a crash than the national average, which can lead to higher repair and insurance costs, impacting the local economy.
- Texas Performance: Multiple Texas cities, including McAllen and Laredo, have made it into the top ten, showcasing the state's ongoing advantage in driving safety, reflecting good driving habits and lower accident rates among Texas residents.
- Impact of Driving Behavior: Allstate's Drivewise app provides real-time feedback to help drivers improve their habits and reduce collision risks; the report indicates that simple adjustments in driving behavior, such as slowing down and staying focused, can significantly lower accident rates and consequently reduce insurance costs.
See More
Brownsville, Texas Ranks Safest City for Second Year in Allstate Report
- Safety City Ranking: Brownsville, Texas, has been ranked the safest city in the U.S. for the second consecutive year, with drivers averaging nearly 15 years between collisions, significantly reducing insurance costs and accident risks in the region.
- Collision Risk Comparison: Boston is identified as the most collision-prone city, with drivers averaging 3.76 years between collisions, making them 189% more likely to experience a crash than the national average, leading to higher repair and insurance costs.
- City Ranking Changes: Waco, Texas, made the largest improvement by climbing 40 spots in the rankings, while Detroit saw the steepest decline, dropping 38 spots, illustrating how changes in traffic patterns and driving behaviors impact city safety rankings.
- Driving Behavior Analysis: Allstate's Drivewise app provides feedback on driving habits such as speeding, hard braking, and phone use, helping drivers identify risky behaviors to lower collision risks and save on insurance costs.
See More
Federal Reserve Rate Hike Expectations Rise
- Inflation Data Surprises: The Personal Consumption Expenditures Price Index revealed a 4.1% year-over-year increase in May, with a 3.4% rise excluding food and energy, both significantly above the Fed's 2% target, potentially forcing an earlier rate hike to combat persistent inflation.
- Strong Labor Market: An average of over 188,000 net jobs added monthly over the past three months indicates a resilient labor market, providing the Fed with the confidence to raise rates, suggesting that the economy can withstand higher interest rates.
- Market Rate Hike Expectations: Futures markets are pricing in a 63% chance of a rate hike at the September meeting, with an 80% likelihood of a higher benchmark rate in a year, reflecting strong investor sentiment regarding future rate increases that could impact overall market dynamics.
- Financial Stocks Benefit: Rising interest rates will likely widen the net interest margins for major banks like JPMorgan Chase and Bank of America, boosting profits; the Financial Select Sector SPDR ETF has risen 4.2% in the past month, outperforming the broader market, indicating potential gains for financial stocks in a higher rate environment.
See More
Fed Rate Hike Expectations Boost Financial Stocks
- Rate Hike Expectations: The futures market indicates a 63% chance that the Fed will raise rates at the September meeting, which will widen the net interest margins for financial institutions like JPMorgan Chase and Bank of America, enhancing their profitability and reflecting market optimism towards financial stocks.
- Strong Financial Stock Performance: Over the past month, the State Street Financial Select Sector SPDR ETF, which tracks the S&P 500 financial sector, has risen approximately 4.2%, while the broader S&P 500 index has declined about 2%, showcasing the robust performance of financial stocks amid rising rate expectations.
- Increased Earnings for Insurers: As interest rates rise, insurance companies can invest premiums at higher yields, benefiting firms like Berkshire Hathaway and Allstate, which will enhance returns on their investment portfolios.
- Brokerage Profit Growth: Brokerages such as LPL Financial and Charles Schwab will earn more on the substantial cash held for clients, as they invest this cash in short-term securities that are most sensitive to Fed rate hikes, likely driving their profit growth.
See More
Analysis of the Importance of Market Capitalization
- Importance of Market Capitalization: Market capitalization provides investors with a true comparison of a company's stock value, with W.W. Grainger Inc. at $63.33 billion and Allstate Corp at $57.29 billion, highlighting Grainger's relative market strength.
- True Value Comparison: Simply comparing stock prices does not reflect true company value; market capitalization accounts for share counts, enabling more accurate comparisons and helping investors make informed decisions.
- Impact on Investment Choices: Market capitalization affects a company's size ranking among peers, as large mutual funds typically focus on companies valued over $10 billion, directly influencing which stocks can be included in their portfolios.
- Market Performance Discrepancies: In recent trading, GWW's stock fell approximately 1.3% while ALL's rose about 4.3%, reflecting differing investor sentiment and expectations for these two companies.
See More
Allstate Reports May Catastrophe Losses of $289M, Down from $777M in 2025
- Catastrophe Loss Overview: Allstate reported catastrophe losses of $289 million for May 2026, or $228 million after tax, significantly lower than the $777 million (after tax $614 million) losses in May 2025, indicating improvements in the company's disaster management.
- Total Loss Analysis: The total catastrophe losses for Allstate reached $1.16 billion, or $915 million after tax, as of May 2026, down from $1.37 billion (after tax $1.08 billion) in the same period of 2025, showcasing effective risk control measures.
- Policy Growth Status: As of May 31, 2026, Allstate's total policies in force increased to 38,799, reflecting a month-over-month growth of 0.3% and a year-over-year growth of 2.4%, indicating a stable customer base amid competitive market conditions.
- Auto and Homeowner Policies: The number of auto policies reached 25,901, with a month-over-month increase of 0.4% and a year-over-year increase of 2.7%; homeowner policies rose to 7,788, up 0.3% month-over-month and 2.6% year-over-year, reflecting the company's sustained growth potential across multiple insurance sectors.
See More
