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Allstate (ALL) Stock Price, News & Analysis

Allstate logo
$195.52 +1.89 (+0.98%)
(As of 12/24/2024 05:19 PM ET)

About Allstate Stock (NYSE:ALL)

Key Stats

Today's Range
$192.92
$195.82
50-Day Range
$182.37
$208.20
52-Week Range
$137.07
$209.88
Volume
453,220 shs
Average Volume
1.55 million shs
Market Capitalization
$51.77 billion
P/E Ratio
12.66
Dividend Yield
1.88%
Price Target
$217.19
Consensus Rating
Moderate Buy

Company Overview

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.

Allstate Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

ALL MarketRank™: 

Allstate scored higher than 98% of companies evaluated by MarketBeat, and ranked 16th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Allstate has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 12 buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Allstate has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Allstate's stock forecast and price target.
  • Earnings Growth

    Earnings for Allstate are expected to grow by 17.90% in the coming year, from $16.26 to $19.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allstate is 12.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.11.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allstate is 12.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.94.

  • Price to Earnings Growth Ratio

    Allstate has a PEG Ratio of 1.70. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Allstate has a P/B Ratio of 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.90% of the float of Allstate has been sold short.
  • Short Interest Ratio / Days to Cover

    Allstate has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allstate has recently increased by 17.33%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Allstate pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Allstate has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of Allstate is 23.83%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Allstate will have a dividend payout ratio of 19.20% next year. This indicates that Allstate will be able to sustain or increase its dividend.

  • Read more about Allstate's dividend.
  • Percentage of Shares Shorted

    0.90% of the float of Allstate has been sold short.
  • Short Interest Ratio / Days to Cover

    Allstate has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allstate has recently increased by 17.33%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Allstate has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Allstate this week, compared to 17 articles on an average week.
  • Search Interest

    Only 11 people have searched for ALL on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
  • MarketBeat Follows

    Only 14 people have added Allstate to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Allstate insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.80% of the stock of Allstate is held by insiders.

  • Percentage Held by Institutions

    76.47% of the stock of Allstate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Allstate's insider trading history.
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ALL Stock News Headlines

Georgia loses a key player before facing Notre Dame in the Allstate Sugar Bowl
Zacks Research Estimates Allstate's Q2 Earnings (NYSE:ALL)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Our Top 10 Dividend Growth Stocks - December 2024
FY2024 EPS Estimates for Allstate Boosted by Zacks Research
Analysts Set The Allstate Co. (NYSE:ALL) Price Target at $217.19
See More Headlines

ALL Stock Analysis - Frequently Asked Questions

Allstate's stock was trading at $139.98 at the beginning of 2024. Since then, ALL shares have increased by 39.7% and is now trading at $195.52.
View the best growth stocks for 2024 here
.

The Allstate Co. (NYSE:ALL) released its earnings results on Wednesday, October, 30th. The insurance provider reported $3.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $1.71. Allstate's revenue for the quarter was up 14.7% on a year-over-year basis.
Read the conference call transcript
.

Allstate subsidiaries include 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 others.

Allstate's top institutional shareholders include State Street Corp (4.34%), Geode Capital Management LLC (2.35%), Allspring Global Investments Holdings LLC (1.14%) and Diamond Hill Capital Management Inc. (0.89%). Insiders that own company stock include Suren Gupta, Thomas J Wilson, 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Allstate investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Intel (INTC), Home Depot (HD), Chevron (CVX) and Alphabet (GOOG).

Company Calendar

Ex-Dividend for 10/1 Dividend
8/30/2024
Dividend Payable
10/01/2024
Last Earnings
10/30/2024
Ex-Dividend for 1/2 Dividend
11/29/2024
Today
12/26/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/02/2025

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
$217.19
High Stock Price Target
$267.00
Low Stock Price Target
$186.00
Potential Upside/Downside
+11.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$-188,000,000.00
Pretax Margin
8.23%

Debt

Sales & Book Value

Annual Sales
$62.43 billion
Cash Flow
$4.19 per share
Book Value
$59.72 per share

Miscellaneous

Free Float
260,037,000
Market Cap
$51.77 billion
Optionable
Optionable
Beta
0.50

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This page (NYSE:ALL) was last updated on 12/26/2024 by MarketBeat.com Staff
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