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Allstate (ALL) Stock Price, News & Analysis

Allstate logo
$184.63
+2.26 (+1.24%)
(As of 02:24 PM ET)

About Allstate Stock (NYSE:ALL)

Key Stats

Today's Range
$181.24
$184.70
50-Day Range
$181.18
$195.64
52-Week Range
$127.93
$198.79
Volume
378,584 shs
Average Volume
1.54 million shs
Market Capitalization
$48.89 billion
P/E Ratio
11.96
Dividend Yield
1.99%
Price Target
$207.75
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
99th Percentile Overall Score

ALL MarketRank™: 

Allstate scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 938 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 15 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 21.08% in the coming year, from $15.23 to $18.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allstate is 11.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allstate is 11.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.65.

  • Price to Earnings Growth Ratio

    Allstate has a PEG Ratio of 1.73. 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 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Allstate's valuation and earnings.
  • Percentage of Shares Shorted

    0.84% 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 1.5, 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 27.01%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Allstate pays a meaningful dividend of 1.97%, 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 19.96% 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

    0.84% 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 1.5, 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 27.01%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Allstate has a news sentiment score of 0.67. 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 35 news articles for Allstate this week, compared to 15 articles on an average week.
  • Search Interest

    15 people have searched for ALL on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.
  • MarketBeat Follows

    15 people have added Allstate to their MarketBeat watchlist in the last 30 days. This is an increase of 275% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Allstate insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,967,665.00 in 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

Wells Fargo Keeps Their Hold Rating on Allstate (ALL)
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Evercore ISI Remains a Hold on Allstate (ALL)
Evercore ISI Sticks to Their Hold Rating for Allstate (ALL)
Allstate Corp Shows Strong Q3 Performance Amid Challenges
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 stock has increased by 31.5% and is now trading at $184.11.
View the best growth stocks for 2024 here
.

The Allstate Co. (NYSE:ALL) released its quarterly earnings data 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. The business's revenue for the quarter was up 14.7% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of Allstate: 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.

Allstate's top institutional shareholders include Allspring Global Investments Holdings LLC (1.14%), Diamond Hill Capital Management Inc. (0.89%), Raymond James & Associates (0.58%) and Pathway Financial Advisers LLC (0.40%). 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
Today
11/05/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

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
$207.75
High Stock Price Target
$233.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+13.9%
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
$57.09 billion
Cash Flow
$4.05 per share
Book Value
$71.14 per share

Miscellaneous

Free Float
259,288,000
Market Cap
$48.29 billion
Optionable
Optionable
Beta
0.48

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This page (NYSE:ALL) was last updated on 11/5/2024 by MarketBeat.com Staff
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