Core Viewpoint - Allstate Corporation has announced the schedule for its Q1 2026 financial results and earnings conference call, highlighting its commitment to transparency and communication with investors [1][4]. Financial Results Schedule - The Q1 2026 financial results will be released via a Form 8-K with the SEC after 4:15 p.m. ET on April 29, 2026 [1][4]. - A live conference call and webcast to discuss the results will take place at 9 a.m. ET on April 30, 2026 [2][4]. Investor Resources - Shareholders can access the earnings release and investor supplement on the SEC website and Allstate's Investor Relations website immediately after the financial results are published [1][2]. - Additional resources, including email alerts and RSS feeds for real-time financial news, are available through Allstate's Investor Relations website [5]. Company Overview - Allstate Corporation provides protection against life's uncertainties through a range of products, including auto, home, electronic device, and identity protection [2]. - The company has 211 million policies in force and is recognized for its slogan "You're in Good Hands with Allstate" [2].

Core Viewpoint - Mizuho has lowered the price target for The Allstate Corporation from $281 to $265 while maintaining an Outperform rating on the stock [1]. Group 1: Financial Performance - The Allstate Corporation reported estimated catastrophe losses of $140 million ($111 million after-tax) for February 2026, bringing the year-to-date total to $315 million, or $249 million after tax [2]. - Despite these losses, the Allstate Protection segment experienced steady growth, with total policies in force reaching 38.4 million, a 2.5% increase year-over-year [2]. - Auto insurance policies increased by 3% to 25.6 million, while homeowners policies grew by 2.5% to 7.7 million; however, commercial lines saw a decline of 10.2% compared to February 2025 [2]. Group 2: Analyst Ratings - As of March 25, 2026, 14 out of 28 analysts followed by CNN have a Buy rating on The Allstate Corporation, indicating a 1-year median upside potential of 18.90% [3].

Market Overview - Markets are currently experiencing volatility due to rising oil prices and geopolitical tensions in the Middle East, which have initially led to a decline in stock prices as investors express concerns about the impact of sustained high oil prices on economic growth [1] - Despite this, there are signs of market resilience as hopes for renewed negotiations and de-escalation have contributed to a rebound in stock prices, indicating that the market is reacting to news while maintaining underlying strength [2] Investment Strategy - In uncertain market conditions, relative price strength is crucial for investors, allowing them to identify stocks that perform well during volatility and often lead in times of stability [3] - Companies such as The Allstate Corporation, Five Below, Archrock, BrightSpring Health Services, and The Beachbody Company are highlighted as strong picks due to their relative price strength in the current market [3] Company Highlights - **The Allstate Corporation (ALL)**: Expected EPS growth rate of 19% over three to five years, significantly higher than the industry average of 7.7%. The Zacks Consensus Estimate for 2026 earnings has increased by 7.5% over the past 60 days, with an average earnings beat of 54.3% in the last four quarters. Shares have decreased by 2.2% over the past year [10][11] - **Five Below (FIVE)**: A specialty retailer with a VGM Score of B, it has shown a 63.4% average earnings beat over the last four quarters. The Zacks Consensus Estimate for fiscal 2027 earnings indicates a growth of 17.5%, with a 16.2% increase in estimates over the past 60 days. Shares have surged by 200.1% in the past year [12][13] - **Archrock (AROC)**: Focused on midstream natural gas compression, it has a market capitalization of approximately $6.5 billion. The Zacks Consensus Estimate for 2026 earnings indicates a growth of 5.8%, with a 9.8% increase in estimates over the past 60 days. Shares have gained 37.2% in the past year [13][14] - **BrightSpring Health Services (BTSG)**: A healthcare services platform with a VGM Score of A, it has a market capitalization of $8.4 billion. The Zacks Consensus Estimate for 2026 earnings indicates a significant growth of 61%, with a 15% increase in estimates over the past 60 days. Shares have increased by 143% in the past year [15][16] - **The Beachbody Company (BODI)**: A digital fitness provider with a market capitalization of $80.6 million, it has a VGM Score of A. The Zacks Consensus Estimate for 2026 earnings indicates a growth of 10%, with an average earnings beat of 144.6% in the last four quarters. Shares have surged by 54% in the past year [16][17]

Company Overview - The Allstate Corporation (ALL) is currently positioned as an intriguing investment choice within the Insurance - Property and Casualty sector due to solid earnings estimate revisions and a favorable Zacks Industry Rank [1][5]. Industry Analysis - The Insurance - Property and Casualty industry holds a Zacks Industry Rank of 30 out of over 250 industries, indicating a strong position relative to other sectors [2]. - Broad trends within this industry are positively impacting securities, suggesting that a rising tide may benefit multiple companies within the segment [2]. Earnings Estimates - Over the past month, earnings estimates for The Allstate have shown positive revisions, with current quarter estimates increasing from $6.97 per share to $7.16 per share, and current year estimates rising from $25 per share to $25.40 per share [4]. - These revisions reflect a more bullish outlook from analysts regarding the company's short and long-term prospects [3][4]. Investment Recommendation - Given the strong industry performance and positive estimate revisions, The Allstate is recommended as a compelling option for investors seeking opportunities in a robust industry segment [5].

Core Insights - The Allstate Corporation reported estimated catastrophe losses of $140 million for February 2026, amounting to $111 million after-tax. Cumulative losses for January and February reached $315 million or $249 million after-tax [1]. Group 1: Catastrophe Losses - Estimated catastrophe losses for February 2026 were $140 million, or $111 million after-tax [1]. - Total catastrophe losses for January and February 2026 were $315 million, or $249 million after-tax [1]. Group 2: Policy Counts - As of February 28, 2026, Allstate had 25,633 thousand auto policies in force, reflecting a 0.6% increase from January 31, 2026, and a 3.0% increase from February 28, 2025 [1]. - Homeowners policies in force totaled 7,726 thousand as of February 28, 2026, a 0.2% increase from January 31, 2026, and a 2.5% increase from February 28, 2025 [1]. - Other personal lines had 4,902 thousand policies in force, showing a 0.2% increase from January 31, 2026, and a 0.6% increase from February 28, 2025 [1]. - Commercial lines had 176 thousand policies in force, which is a 0.6% increase from January 31, 2026, but a significant decrease of 10.2% from February 28, 2025 [2]. - The total number of policies in force reached 38,437 thousand as of February 28, 2026, representing a 0.5% increase from January 31, 2026, and a 2.5% increase from February 28, 2025 [2].

Industry Overview - Improved pricing, rising climate-related risks, and rapid digitization are expected to shape the insurance industry's trajectory in 2026 [1] - Global commercial insurance rates fell 4% in Q4 2025, marking the sixth consecutive quarterly decrease due to ample capacity and increased competition among insurers [1] Berkshire Hathaway (BRK.B) - Berkshire Hathaway is a highly diversified conglomerate with over 90 subsidiaries across various industries, including insurance, which accounts for roughly one-fourth of total revenues [4][5] - The insurance segment is well-positioned for continued expansion, supported by steady demand, disciplined underwriting, and favorable pricing conditions [5] - Berkshire has significant cash reserves exceeding $100 billion, allowing it to pursue acquisitions and increase ownership in companies with durable earnings [6][8] - The company's net margin has deteriorated by 840 basis points year over year, and its return on equity of 6.5% lags the industry average of 7.3% [9] - The Zacks Consensus Estimate for BRK.B's 2026 revenues implies a year-over-year increase of 7.2%, while EPS estimates imply a 1.2% increase [17] Allstate Corporation (ALL) - Allstate is the third-largest property and casualty insurer and the largest publicly traded personal lines insurer in the U.S., focusing on personal property-liability insurance and digital capabilities [11][12] - The company is executing a strategic transformation to become more cost-efficient and digitally enabled, with its auto insurance business regaining targeted profitability [12][13] - Allstate's return on equity of 39.2% is significantly above the industry average, reflecting strong profitability from underwriting gains [11][16] - Over the past two years, Allstate's net margin has increased by approximately 1,550 basis points, driven by disciplined underwriting and cost control measures [15] - The Zacks Consensus Estimate for ALL's 2026 revenues implies a year-over-year increase of 5.2%, while EPS estimates imply a 27.1% decrease [18] Investment Considerations - Berkshire is trading at a price-to-book multiple of 1.47, above its five-year median of 1.45, while Allstate's price-to-book multiple is 1.86, lower than its median of 2.17 [20] - Allstate represents a compelling investment opportunity, supported by improved profitability, ongoing digital transformation, and a focus on core personal lines business [22] - Analyst sentiment favors Allstate, which has a Zacks Rank of 1 (Strong Buy), compared to Berkshire's Zacks Rank of 4 (Sell) [23]

Core Insights - The article identifies three overlooked U.S. value stocks—Allstate, Synchrony Financial, and HP Inc.—that are trading at low price-to-earnings ratios and have strong fundamentals, suggesting potential for long-term returns in 2026 [1]. Group 1: Allstate (ALL) - Allstate is a leading U.S. insurance company with a trailing price-earnings ratio around 5 times, making it one of the cheapest large-cap stocks available [1]. - The company achieved a revenue growth of 12% last year and is experiencing expanding operating margins, indicating strong financial health [1]. - Despite favorable market conditions, including a steepening yield curve, Allstate's stock has remained flat, presenting a potential buying opportunity for long-term investors [1]. Group 2: Synchrony Financial (SYF) - Synchrony Financial is trading at less than 7 times earnings, with a net income of approximately $4.5 billion and operating margins around 28% [1]. - The company experienced earnings growth of about 3% last year, showcasing its resilience in the consumer finance sector [1]. - The stock is viewed as a reasonably-priced investment, despite concerns in the consumer lending market, due to its strong balance sheet and staying power [1]. Group 3: HP Inc. (HPQ) - HP Inc. is trading at about 7 times earnings and offers a dividend yield of 6.5%, which is attractive in the current market [1]. - The company reported a 4% revenue growth in the last quarter and improved operating margins by 130 basis points, alongside generating $1.1 billion in free cash flow [1]. - Despite a decline of over 30% in stock price this year, HP is considered a valuable addition to a portfolio due to its strong brand and fundamentals [2].

Core Viewpoint - Allstate's recent earnings report shows strong performance in Q4 2025, with adjusted net income significantly exceeding estimates, indicating potential for future growth despite recent share price underperformance [2][16]. Financial Performance - Q4 2025 adjusted net income was $14.31 per share, surpassing the Zacks Consensus Estimate by 45.7% and increasing 86.6% year over year [2]. - Operating revenues reached $17.3 billion, a 3.4% year-over-year growth, although it fell short of consensus estimates by 1.4% [2]. - Property and casualty insurance premiums rose 6.3% year over year to $15.5 billion, contributing to the overall revenue growth [4][7]. - Net investment income increased by 7.1% year over year to $892 million, exceeding estimates [4]. - Total costs and expenses decreased by 11.6% year over year to $12.4 billion, driven by lower claims and operating costs [5]. Segment Performance - The Property-Liability segment earned premiums of $14.8 billion, a 6.1% increase year over year, although it missed estimates [7]. - Underwriting income in the Property-Liability segment more than doubled to $4 billion, with an improved combined ratio of 76.6% [7]. - The Protection Services segment's revenues grew 3.1% year over year to $917 million, but also fell short of estimates [8]. Financial Position - As of December 31, 2025, Allstate had total assets of $119.8 billion, a 7.3% increase from the previous year, and total equity climbed 43.2% to $30.6 billion [9]. - The company reported a cash balance of $678 million, down 3.7% from the end of 2024 [9]. - Book value per common share increased by 49.9% year over year to $108.45 [10]. Capital Deployment - In 2025, Allstate returned over $2.2 billion to shareholders through share buybacks and dividends [11]. - A new share repurchase program of $4 billion has been authorized, set to begin after the current program concludes [11]. - A quarterly dividend increase of 8% was approved, raising the dividend to $1.08 per share [12]. Overall Outlook - Estimates for Allstate have been trending upward, with a Zacks Rank of 1 (Strong Buy), suggesting expectations for above-average returns in the coming months [16].

Core Insights - The Allstate Corporation (ALL) is a large-cap insurance company with a market capitalization of $55.6 billion, providing a range of insurance products including property and casualty, life insurance, and annuities [1][2] Company Performance - ALL's stock has experienced a 2.4% decline from its 52-week high of $216.75, reached on February 5, while gaining 4.6% over the past three months, outperforming the Financial Select Sector SPDR Fund (XLF), which saw a 4.6% loss during the same period [3] - Year-to-date, ALL shares rose by 1.7% and increased by 6% over the past 52 weeks, contrasting with XLF's year-to-date decline of 6.5% and 2% returns over the last year [6] - Following the Q4 results announcement, ALL shares closed up by 2.7%, with an adjusted EPS of $14.31 surpassing Wall Street expectations of $9.82, and revenue of $17.3 billion reflecting a 5.1% year-over-year increase [7] Analyst Sentiment - Wall Street analysts maintain a "Moderate Buy" consensus rating for ALL, with a mean price target of $242.64, indicating a potential upside of 14.7% from current price levels [8]

Group 1: Stock Performance - Allstate's stock closed at $211.62, down 1.2%, which was less than the S&P 500's daily loss of 0.57% [1] - Over the past month, Allstate's stock has increased by 3.41%, outperforming the Finance sector's loss of 2.87% and the S&P 500's loss of 0.15% [1] Group 2: Earnings Estimates - The upcoming earnings report for Allstate is expected to show an EPS of $7.12, representing a 101.7% increase compared to the same quarter last year [2] - Revenue is anticipated to be $17.79 billion, reflecting a 5.86% increase from the prior-year quarter [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are projected at $25.32 per share, indicating a decrease of 27.3% from the previous year [3] - Revenue for the fiscal year is estimated at $72.85 billion, showing an increase of 7.36% from the prior year [3] Group 4: Analyst Estimates and Ratings - Recent changes in analyst estimates for Allstate suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Allstate as 1 (Strong Buy), with a 4.64% increase in the consensus EPS estimate over the last 30 days [6] Group 5: Valuation Metrics - Allstate's Forward P/E ratio is 8.46, which is lower than the industry average Forward P/E of 10.64, indicating a valuation discount [6] - The company has a PEG ratio of 0.44, significantly lower than the industry average PEG ratio of 2.16 [7] Group 6: Industry Context - The Insurance - Property and Casualty industry, to which Allstate belongs, ranks in the top 16% of all industries according to the Zacks Industry Rank [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for Allstate [8]