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NORTHBROOK, Ill., Sept. 17, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of August of $748 million or $591 million, after-tax.
Allstate is rated Buy, with shares trading at just over 9x 2027–2028 earnings, reflecting already-discounted profit normalization. Current profitability is exceptionally strong, with Q2 combined ratio at 86.6% and auto at 83.3%, but margins are expected to revert toward historical averages. Policy growth has resumed, aided by increased advertising, while investment income now contributes significantly to EPS and offsets underwriting volatility.
NORTHBROOK, Ill., Sept. 15, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from July 15, 2026, through Oct. 14, 2026.
Bank of America Corp DE acquired a new position in shares of The Allstate Corporation (NYSE: ALL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,927,387 shares of the insurance provider's stock, valued at approximately $1,410,362,000.
In the closing of the recent trading day, Allstate (ALL) stood at $258.48, denoting a +1.88% move from the preceding trading day.
Insurance companies collect your premiums today and settle your claims years from now, and that gap is quietly becoming a profit engine as rates stay elevated.
Allstate remains a 'buy' as strong Q2 results, reserve releases, and a quiet catastrophe environment drive robust earnings and capital returns. ALL's underwriting margins are healthy, with combined ratios benefiting from $1.5B in reserve releases and minimal catastrophe losses, though normalization is expected. Investment income surged 34% as ALL leverages higher rates and expands its equity allocation, while maintaining a conservative, high-quality fixed-income portfolio.
Allstate (ALL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
SEC filings for ALL aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.