Allstate Corp., US0200021014

Allstate Corp stock slips as Mizuho sticks to Buy rating

Published on 09/18/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allstate Corp stock traded around USD 249 on September 18, 2026, with shares down about 1 percent from the prior NYSE close. Analysts at Mizuho Securities and Argus keep diverging views, while Zacks Research sees modest Q3 earnings growth.

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Allstate Corp stock (ISIN US0200021014) was indicated at around USD 249 in New York trading on September 18, 2026, roughly 1 percent below the prior closing level of about USD 252 on the New York Stock Exchange.

Mizuho reiterates Buy on Allstate

As MarketScreener reported on September 18, 2026, Mizuho Securities has reaffirmed its Buy recommendation on Allstate, signaling continued confidence in the insurer’s earnings trajectory.

The same MarketScreener overview shows Allstate’s shares quoted at about USD 249.24 in real-time estimates on Cboe BZX on September 18, 2026, down 1.18% from the previous close and roughly 1.73% below the level at the start of the year, underscoring a modest year-to-date decline for investors.MarketScreener

Mixed analyst views and Q3 expectations

According to MarketScreener, Argus lowered its opinion on Allstate on August 28, 2026, shifting its stance to neutral, while Morgan Stanley remains neutral as well, indicating that not all analysts share Mizuho’s more optimistic view.

In a separate note dated September 18, 2026, MarketBeat highlighted that Zacks Research forecasts Allstate’s upcoming third-quarter earnings with an average analyst rating of Hold and a consensus price target of USD 266.74, implying upside potential of more than 7 percent compared with the roughly USD 249 trading level on September 18, 2026.

Catastrophe losses remain a key risk

As The Globe and Mail reported on September 18, 2026, Allstate issued an August catastrophe loss transparency update, underscoring how weather-related events continue to be a central driver of claims and earnings volatility.

TipRanks’ AI analyst tool Spark, cited in the same article, currently rates Allstate shares as Outperform, suggesting that despite catastrophe-loss uncertainty, the insurer is still viewed favorably relative to the broader insurance peer group.The Globe and Mail

Stock level and investor takeaways

Based on recent price snapshots, Allstate Corp stock is trading in the high USD 240s to low USD 250s on the NYSE as of mid-September 2026, modestly below the consensus price target referenced by Zacks Research and reflecting a cautious but not bearish market stance.