Latest news with #AllstateCorporation
Business Wire
15-07-2025
- Business
- Business Wire
Allstate Announces Quarterly Dividend Payable Oct. 1, 2025
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced today its board of directors approved a quarterly dividend of $1.00 on each outstanding share of the corporation's common stock be payable in cash on Oct. 1, 2025, to stockholders of record at the close of business on Aug. 29, 2025. Financial information, including material announcements about The Allstate Corporation, is routinely posted on About Allstate The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.' For more information, visit
Yahoo
03-07-2025
- Business
- Yahoo
Allstate Finalizes Group Health Divestiture for $1.25 Bn
The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion. ALL initially announced its intention to divest this business in January 2025, and as anticipated, successfully finalized the transaction in 2025. The divestiture of the Group Health business is projected to yield a financial book gain of around $500 million and marks an effort of Allstate to sustain its strong record of returning value to shareholders. Meanwhile, out of the recent divestiture, Nationwide is expected to benefit from a diversified portfolio and enhanced capacity to offer stop-loss insurance solutions to small businesses. The recent sale is part of Allstate's strategy to divest its Health and Benefits business, for which it made an announcement to explore opportunities in November 2023. The unit comprises employer voluntary benefits, group health and individual health businesses. In April 2025, ALL closed the divestiture of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. The leftover Individual Health business will either be retained by Allstate or merged with another company. The combined proceeds derived from selling the Group Health and Employer Voluntary Benefits businesses stand at $3.25 billion. Allstate strategically engages in divestitures to reallocate capital away from businesses that generate lower returns and limited growth prospects. This approach enables the company to reinvest more effectively in its core operational areas. Consequently, such divestiture announcements underscore Allstate's commitment to strengthening its market presence in the Property-Liability segment as well as expanding its suite of protection service offerings. Premiums earned in the Property-Liability segment benefited from the back of rate increases in the first quarter of 2025. Meanwhile, higher contributions from Allstate Protection Plans and Arity drove the performance of the Protection Services unit. Strong distribution relationships and product suite led to the growth of Allstate Protection Plans, while improved lead sales propel Arity revenues. Shares of Allstate have gained 25.6% in the past year compared with the industry's 19.8% growth. ALL currently carries a Zacks Rank #2 (Buy). Image Source: Zacks Investment Research Some other top-ranked stocks in the insurance space are Palomar Holdings, Inc. PLMR, Heritage Insurance Holdings, Inc. HRTG and Horace Mann Educators Corporation HMN, each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Palomar's earnings surpassed estimates in each of the last four quarters, the average surprise being 16.42%. The Zacks Consensus Estimate for PLMR's 2025 earnings indicates a rise of 39.3% while the same for revenues implies an improvement of 42.5% from the respective 2024 figures. The consensus mark for PLMR's 2025 earnings has moved 0.4% north in the past 30 days. The bottom line of Heritage Insurance beat estimates in each of the trailing four quarters, the average surprise being 363.17%. The Zacks Consensus Estimate for HRTG's 2025 earnings indicates a rise of 61.7% while the same for revenues implies an improvement of 4.6% from the respective 2024 figures. The consensus mark for HRTG's 2025 earnings has moved 33.7% north in the past 60 days. Horace Mann's earnings surpassed estimates in three of the last four quarters and matched the mark once, the average surprise being 24.09%. The Zacks Consensus Estimate for HMN's 2025 earnings indicates a rise of 26.1% while the same for revenues implies an improvement of 6.6% from the respective 2024 figures. The consensus mark for HMN's 2025 earnings has moved 5.5% north in the past 60 days. Shares of Palomar, Heritage Insurance and Horace Mann have gained 72.8%, 242.7% and 30.2%, respectively, in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Allstate Corporation (ALL) : Free Stock Analysis Report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report Heritage Insurance Holdings, Inc. (HRTG) : Free Stock Analysis Report Palomar Holdings, Inc. (PLMR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
30-06-2025
- Business
- Associated Press
Allstate to Hold Q2 2025 Earnings Call July 31
NORTHBROOK, Ill.--(BUSINESS WIRE)--Jun 30, 2025-- The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, July 31, 2025, to discuss second-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ETon Wednesday, July 30. The earnings release and investor supplement will be accessible shortly after filing on the SEC's website ( ) and Allstate's Investor Relations website ( ). Get Allstate financial news at About Allstate The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.' For more information, visit View source version on CONTACT: Nick Nottoli Media Relations [email protected] Gobin Investor Relations (847) 402-2800 KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE FINANCE SOURCE: The Allstate Corporation Copyright Business Wire 2025. PUB: 06/30/2025 11:03 AM/DISC: 06/30/2025 11:03 AM
Yahoo
30-06-2025
- Business
- Yahoo
Allstate to Hold Q2 2025 Earnings Call July 31
NORTHBROOK, Ill., June 30, 2025--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, July 31, 2025, to discuss second-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, July 30. The earnings release and investor supplement will be accessible shortly after filing on the SEC's website ( and Allstate's Investor Relations website ( Get Allstate financial news at View the Form 8-K, earnings release and investor supplement after filing. Join the live conference call and access the webcast replay, which will be posted shortly after the call concludes. Stay informed on financial news and material announcements by subscribing to Allstate's email alerts and RSS feeds, via the "Email Alerts" section on the site. Plan for future earnings calls and webcasts with preliminary dates and times. About Allstate The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit View source version on Contacts Nick NottoliMedia Relationsmediateam@ Allister GobinInvestor Relations(847) 402-2800
Business Wire
30-06-2025
- Business
- Business Wire
Allstate to Hold Q2 2025 Earnings Call July 31
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, July 31, 2025, to discuss second-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, July 30. The earnings release and investor supplement will be accessible shortly after filing on the SEC's website ( and Allstate's Investor Relations website ( Get Allstate financial news at View the Form 8-K, earnings release and investor supplement after filing. Join the live conference call and access the webcast replay, which will be posted shortly after the call concludes. Stay informed on financial news and material announcements by subscribing to Allstate's email alerts and RSS feeds, via the 'Email Alerts' section on the site. Plan for future earnings calls and webcasts with preliminary dates and times. About Allstate The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.' For more information, visit
