Allstate Corp., US0200021014

Allstate stock: Keefe, Bruyette & Woods cuts target for Allstate stock from USD 250.00 to USD 232.00

Published on 10/19/2026 at 15:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue grew 11.80 percent to USD 18.60 billion. Allstate stock costs EUR 219.55 on October 19, 2026, up 2.16 percent versus the Tradegate close.

Analyst view and earnings date

Keefe, Bruyette & Woods lowered its Allstate target to USD 232.00 on October 12, 2026.
Second-quarter revenue grew 11.80 percent to USD 18.60 billion.
Allstate stock costs EUR 219.55 at Lang & Schwarz on October 19, 2026 at 3:03 p.m. CEST, 2.16 percent above the Tradegate close of October 16, 2026.
Allstate will release third-quarter results on November 4, 2026, with its earnings call on November 5, 2026.

Draufsicht auf Autoschlüssel, Hausschlüssel, Versicherungspolice und Aktienzertifikat auf Marmor — Allstate Corp. US0200021014 Flatlay mit Auto- und Hausschlüssel, Versicherungspolice und Aktienzertifikat auf Marmor, Illustration mit AI erstellt.

Keefe, Bruyette & Woods cut its Allstate price target from USD 250.00 to USD 232.00 on October 12, 2026, and maintained an Underperform rating, according to MarketBeat. Against the USD 247.88 home-market price on October 16, 2026, the target was 6.41 percent lower. Allstate was trading at EUR 219.55 at Lang & Schwarz on October 19, 2026 at 3:03 p.m. CEST, up 2.16 percent versus the Tradegate close of October 16, 2026.

Second-quarter figures remain strong

Allstate reported USD 18.60 billion in second-quarter revenue, an 11.80 percent increase from the second quarter of 2025. Net income reached USD 3.27 billion, while diluted earnings per share came to USD 12.51 for the quarter. The figures show a profitable operating base ahead of the next results release, although the target reduction places a lower valuation reference beside those results. These reported figures are supported by Allstate's second-quarter financial data and the earnings-call transcript published by Benzinga.

Price position and trading frame

The primary-market reference was USD 247.88 on October 16, 2026. Allstate's 52-week range was USD 188.08 to USD 277.22, placing the price 10.58 percent below the high and 31.79 percent above the low. Trading volume reached 3,499,891 shares against an average of 1,909,926 shares on that date. The euro quotation therefore sits higher than the German close used for the daily comparison, while the dollar range supplies the broader placement.

Valuation and November dates

Allstate had a market capitalization of USD 62.7 billion, a price-to-earnings ratio of 4.95 and a dividend yield of 2.00 percent as of October 16, 2026. The company scheduled its third-quarter results for November 4, 2026, after 4:15 p.m. ET, followed by an earnings call on November 5 at 9:00 a.m. ET, according to Allstate Newsroom.

Comparison with peers on October 16, 2026

Allstate Corp.: plus 2.16 percent, P/E 4.95, market capitalization USD 62.7 billion

Progressive (NYSE, USD): plus 2.22 percent, P/E 11.00, market capitalization USD 127.0 billion

Travelers (NYSE, USD): plus 1.47 percent, P/E 10.21, market capitalization USD 81.2 billion

What the next date brings

For investors, the November calendar now provides the next concrete checkpoint. The scheduled release can test whether the second-quarter revenue expansion and strong earnings profile persist after the latest analyst target reduction. The current euro quotation is above the Tradegate close used for the daily move, but it remains below the 52-week high by a double-digit percentage.

The further course of trading is shown by the continuously updated real-time quote of Allstate stock.