With a market cap of $55.1 billion, The Allstate Corporation (ALL) is one of the largest U.S. personal insurance providers, offering auto, home, life, and other types of coverage. Founded in 1931 and headquartered in Illinois, Allstate operates through Allstate Protection, Protection Services, Health and Benefits, Run-off Property-Liability, and Corporate and Other segments.

Companies worth $10 billion or more are generally described as "large-cap stocks," and Allstate fits right into that category. Its market leadership stems from its strong brand recognition, diverse product offerings, and solid financial position. As one of the largest personal insurers in the U.S., it serves a wide customer base through both traditional agents and digital platforms. 

Allstate recently touched its 52-week high of $213.18 on Jun. 3, and is currently trading 5.8% below that peak. ALL stock has surged marginally over the past three months, trailing the S&P 500 Index’s ($SPX) 4.1% rise.

Meanwhile, Allstate has soared 4.1% in 2025 and 21.6% over the past 52-week period, surpassing $SPX’s 2.1% gains on a YTD basis and 12.3% returns over the past year.

To confirm the bullish trend, ALL has remained consistently above its 200-day moving average for the past year and has climbed above its 50-day moving average since early May.

On April 30, Allstate shares dipped marginally after releasing its fiscal 2025 Q1 earnings. It achieved solid premium growth, driving total revenue up 7.8% year-over-year to $16.5 billion. Written premiums and earned premiums increased by 20.1% and 15.9% compared to the prior year quarter, respectively. The increase was driven by higher average premiums and a 2.5% growth in policies in force. 

While the company continued to benefit from its strong risk and return management strategy, reflected in a notable rise in net investment income, these gains were overshadowed by significant catastrophe-related losses totaling $3.3 billion, partly mitigated by $1.1 billion in reinsurance recoveries. As a result, net income fell sharply by 52.4% to $566 million, and adjusted net income declined 30.6% year-over-year to $949 million.

Moreover, Allstate has lagged behind its peer Chubb Limited’s (CB) 4.9% gains this year but has outpaced CB’s 8.5% returns over the past year.

Among the 21 analysts covering the ALL stock, the consensus rating is a “Moderate Buy.” Its mean price target of $228.56 represents a 13.8% premium to current price levels.