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Allstate (ALL) Stock Price, News & Analysis

$178.86
-1.55 (-0.86%)
(As of 08/21/2024 ET)
Today's Range
$178.35
$182.27
50-Day Range
$157.00
$180.95
52-Week Range
$104.57
$184.30
Volume
1.87 million shs
Average Volume
1.57 million shs
Market Capitalization
$47.20 billion
P/E Ratio
39.48
Dividend Yield
2.06%
Price Target
$191.94

Allstate MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
7.3% Upside
$191.94 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.34mentions of Allstate in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$19.98 M Sold Last Quarter
Proj. Earnings Growth
28.23%
From $13.64 to $17.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Finance Sector

38th out of 863 stocks

Fire, Marine, & Casualty Insurance Industry

4th out of 50 stocks

ALL stock logo

About Allstate Stock (NYSE:ALL)

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

ALL Stock Price History

ALL Stock News Headlines

Grab this ETF paying a huge 22% dividend
Imagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck worries melt away...
The Allstate Co. (NYSE:ALL) EVP Elizabeth Brady Sells 49,481 Shares
Piper Sandler Raises Allstate (NYSE:ALL) Price Target to $196.00
Allstate's (ALL) "Buy" Rating Reiterated at Roth Mkm
Grab this ETF paying a huge 22% dividend
Imagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck worries melt away...
Jefferies Keeps Their Buy Rating on Allstate (ALL)
Allstate Reports July Estimated Catastrophe Losses - Quick Facts
Allstate (NYSE:ALL) Sets New 12-Month High on Analyst Upgrade
Analysts Set The Allstate Co. (NYSE:ALL) Target Price at $184.06
Why Allstate Stock Raced 5% Higher Today
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Last Earnings
7/31/2024
Today
8/22/2024
Ex-Dividend for 10/1 Dividend
8/30/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
02000210
Employees
53,400
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$191.94
High Stock Price Target
$226.00
Low Stock Price Target
$156.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
16 Analysts

Profitability

Net Income
$-188,000,000.00
Pretax Margin
6.14%

Debt

Sales & Book Value

Annual Sales
$60.30 billion
Cash Flow
$4.17 per share
Book Value
$62.76 per share

Miscellaneous

Free Float
259,165,000
Market Cap
$47.20 billion
Optionable
Optionable
Beta
0.48

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Key Executives

  • Mr. Thomas Joseph Wilson II (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.62M
  • Mr. Jesse Edward Merten B.B.A. (Age 49)
    Executive VP & CFO
    Comp: $1.27M
  • Mr. Suren K. GuptaMr. Suren K. Gupta (Age 63)
    President of Protection Products & Enterprise Services
    Comp: $1.13M
  • Mr. John Charles Pintozzi (Age 58)
    Senior VP, Controller & Chief Accounting Officer
  • Mr. Brent Vandermause
    Head of Investor Relations
  • Ms. Christine Marie DeBiase Esq. (Age 55)
    Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary
  • Mr. Robert Alexander Toohey (Age 56)
    Executive VP & Chief Human Resource Officer of AIC
    Comp: $786.45k
  • Mr. Karl Wiley
    Executive Vice President of Protection Services Group
  • Mr. Mike Fiato
    Executive Vice President & Chief Claims Officer

Should I Buy Allstate Stock? ALL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Allstate Co.:

  • Allstate has shown a strong return on equity of 24.75% and a net margin of 5.03%, indicating efficient use of shareholder funds and profitability.
  • The company's quarterly revenue was up 12.4% on a year-over-year basis, demonstrating consistent growth in its business operations.
  • Allstate recently announced a quarterly dividend of $0.92 per share, representing a yield of 2.08%, providing investors with a steady income stream.
  • Insider trading activity shows confidence in the company, with an insider purchasing a significant number of shares, signaling positive sentiment towards future performance.
  • Despite market fluctuations, Allstate has a 52-week low of $104.29 and a 52-week high of $180.87, offering potential for capital appreciation.

Cons

Investors should be bearish about investing in The Allstate Co. for these reasons:

  • Allstate has a quick ratio and current ratio of 0.36, indicating potential liquidity challenges in meeting short-term obligations.
  • The debt-to-equity ratio of 0.48 suggests that the company relies moderately on debt financing, which may pose risks during economic downturns.
  • Large institutional investors have been selling off shares, which could indicate concerns about the company's future performance or market conditions.
  • While the dividend payout ratio is at 81.24%, indicating a sustainable dividend policy, investors should monitor any changes in this ratio for potential impact on future dividends.
  • Market volatility and economic uncertainties could affect the insurance industry, impacting Allstate's financial performance and stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 15, 2024. Please send any questions or comments about these Allstate pros and cons to contact@marketbeat.com.

ALL Stock Analysis - Frequently Asked Questions

How have ALL shares performed this year?

Allstate's stock was trading at $139.98 on January 1st, 2024. Since then, ALL shares have increased by 27.8% and is now trading at $178.86.
View the best growth stocks for 2024 here
.

How were Allstate's earnings last quarter?

The Allstate Co. (NYSE:ALL) posted its quarterly earnings results on Wednesday, July, 31st. The insurance provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $1.28. Allstate's quarterly revenue was up 12.4% on a year-over-year basis.
Read the conference call transcript
.

What is Thomas J. Wilson II's approval rating as Allstate's CEO?

2,379 employees have rated Allstate Chief Executive Officer Thomas J. Wilson II on Glassdoor.com. Thomas J. Wilson II has an approval rating of 61% among the company's employees. This puts Thomas J. Wilson II in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Allstate have any subsidiaries?

Allstate subsidiaries include these companies: AIMCO Private Fund I Holding LLC, AIMCO Private Fund II LLC, AIMCO Private Fund I LLC, ALIC Reinsurance Company, ALINV Mosaic LLC, Allstate Assignment Company, Allstate Assurance Company, and more.

Who are Allstate's major shareholders?

Allstate's top institutional shareholders include Bank of New York Mellon Corp (1.85%), Diamond Hill Capital Management Inc. (1.42%), Barrow Hanley Mewhinney & Strauss LLC (1.10%) and American Century Companies Inc. (1.04%). Insiders that own company stock include Thomas J Wilson, Suren Gupta, John E Dugenske, Elizabeth Brady, Mark Q Prindiville, Jesse E Merten, John C Pintozzi, Robert Toohey, Judith A Sprieser and Mario Rizzo.
View institutional ownership trends
.

How do I buy shares of Allstate?

Shares of ALL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Allstate own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allstate investors own include Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), Endologix (ELGX), Intel (INTC), Micron Technology (MU) and AT&T (T).

This page (NYSE:ALL) was last updated on 8/22/2024 by MarketBeat.com Staff

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