ALLSTATE CORP
In the published model solve dated 2026-Q2, anchored at $224.41, ALLSTATE CORP (ALL) is priced for 12.1% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Today's level asks Allstate to sustain a return on equity of about 14.6% while it is currently earning about 35.5%, so the market is underwriting a large reversion rather than an extrapolation. • The fragile input is weather and reserves, and the cost of insuring against the first is rising: the 10-K reports that ⟦"The total cost of our property catastrophe reinsurance programs, excluding reinstatement premiums, during 2025 was $1.23 billion compared to $1.11 billion during 2024."⟧ • Second-qu
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1,631 institutional managers reported holding ALL in 13F filings for the quarter ended 2026-03-31. Together they hold about 80% of the company; the top 10 hold 44%. 130 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 8.5M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (5.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ALL has cut its share count 13.2% over the past five years, spending $6.79B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 12 years straight; the current rate is $4.00 a share annually. Cash returned over the past three years: $2.73B in dividends and $1.88B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at ALL over the trailing three years. Absence is a fact about the company, not a signal. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ALL's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-02 | -5.4% | +4.6% |
| 2023-11-02 | +2.5% | +13.1% |
| 2024-02-22 | +0.2% | +7.7% |
| 2024-05-02 | -0.5% | -5.9% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ALL's latest 8-K filings: 2026-09-17 (items 7.01, 9.01); 2026-08-20 (items 7.01, 9.01); 2026-08-05 (items 2.02, 9.01); 2026-07-16 (items 7.01, 9.01); 2026-07-14 (items 5.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.