Allstate: The Turnaround Is Real, But The Story May Not Be Fully Priced In

Allstate has executed a genuine turnaround, with Q1 2026 combined ratio improving to 82% from 97.4% and underwriting income surging to $2.7 billion. ALL still trades at 4.7–7.5x forward P/E, despite restored profitability and robust capital returns and strong capital generation. The company continued returning capital to shareholders in Q1 2026,  and authorized a new $4 billion buyback program through 2028, signaling confidence in sustained earnings.

Seeking Alpha • 6 hours ago

University of Virginia coxswain and volunteer firefighter and EMT Shelby Bavin named captain of the Allstate NACDA Spring Good Works Team

Bavin is devoted to supporting Charlottesville families, serving as the first volunteer firefighter and EMT to lead the Good Works Team, which recognizes 20 spring season student-athletes for their commitment to community service Key takeaways: Allstate and NACDA named 20 student-athletes to the 2025-26 Spring Good Works Team for their excellence in community service, academics and athletics. UVA senior Shelby Bavin was selected as team captain for her dedication to protecting families in Charlottesville, Virginia as a volunteer firefighter and EMT.

PRNewsWire • May 5, 2026

Allstate Analysts Increase Their Forecasts Following Q1 Earnings

Allstate Corp (NYSE:ALL) reported mixed results for the first quarter after the closing bell on Wednesday.

Benzinga • May 1, 2026

The Allstate Corporation (ALL) Q1 2026 Earnings Call Transcript

The Allstate Corporation (ALL) Q1 2026 Earnings Call Transcript

Seeking Alpha • Apr 30, 2026

ALL Q1 Earnings Beat Estimates on Strong Underwriting, Lower Expenses

Allstate's Q1 earnings surge 202% as strong underwriting, higher premiums and lower catastrophe losses drive a major profit beat.

Zacks Investment Research • Apr 30, 2026

Allstate Posts Higher First-Quarter Profit on Market Share Gains

The insurance company recorded a higher profit of $2.46 billion, driven by gains in the automobile and homeowners insurance markets.

WSJ • Apr 29, 2026

Allstate Reports Strong Earnings and Increased Growth

NORTHBROOK, Ill., April 29, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2026.

PRNewsWire • Apr 29, 2026

Allstate (ALL) Surpasses Q1 Earnings Estimates

Allstate (ALL) came out with quarterly earnings of $10.65 per share, beating the Zacks Consensus Estimate of $7.43 per share. This compares to earnings of $3.53 per share a year ago.

Zacks Investment Research • Apr 29, 2026

Compared to Estimates, Allstate (ALL) Q1 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Allstate (ALL) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research • Apr 30, 2026

Aflac, Allstate & Everest Step Up: Who's Ready to Insure a Q1 Beat?

AFL, ALL and EG report Q1 results tomorrow as investors track underwriting strength, pricing trends and investment income tailwinds.

Zacks Investment Research • Apr 28, 2026