Allstate (ALL) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $207.03 to $208.72
• 50-Day Range: $181.18 to $208.20
• 52-Week Range: $134.17 to $209.88
• Volume: 698,552 shs
• Average Volume: 1.55 million shs
• Market Capitalization: $54.92 billion
• P/E Ratio: 13.43
• Dividend Yield: 1.77%
• Price Target: $217.19
• Consensus Rating: Moderate Buy

Allstate Stock Analysis - MarketRank™

Allstate scored higher than 98% of companies evaluated by MarketBeat, and ranked 28th out of 941 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

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 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.90%

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 13.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allstate is 13.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.35.

Price to Earnings Growth Ratio

Allstate has a PEG Ratio of 1.83. 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 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.77% 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 1.3, 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 3.06%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Allstate pays a meaningful dividend of 1.77%, 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.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -0.59

Percentage of Shares Shorted

0.77% 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 1.3, 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 3.06%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

Allstate has a news sentiment score of 0.83. 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 30 news articles for Allstate this week, compared to 16 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 -39% compared to the previous 30 days.

MarketBeat Follows

20 people have added Allstate to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $6,959,916.00 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.

ALL Stock Analysis - Frequently Asked Questions

How have ALL shares performed this year?

Allstate's stock was trading at $139.98 at the beginning of 2024. Since then, ALL shares have increased by 48.4% and is now trading at $207.78.
View the best growth stocks for 2024 here.

How were Allstate's earnings last quarter?

The Allstate Co. (NYSE:ALL) posted 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. The firm's revenue was up 14.7% on a year-over-year basis.
Read the conference call transcript.

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 others.

Who are Allstate's major shareholders?

Top institutional shareholders of Allstate 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.

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 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: 11/29/2024
• Ex-Dividend for 1/2 Dividend: 11/29/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:ALL
• CUSIP: 02000210
• CIK: 899051
• Web: www.allstate.com
• Phone: (847) 402-5000
• Fax: 651-450-4033
• 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: +4.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $15.44
• Trailing P/E Ratio: 13.46
• Forward P/E Ratio: 12.78
• P/E Growth: 1.83
• Net Income: $-188,000,000.00
• Net Margins: 6.77%
• Pretax Margin: 8.23%
• Return on Equity: 26.67%
• Return on Assets: 4.18%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 0.40
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $57.09 billion
• Price / Sales: 0.96
• Cash Flow: $4.13 per share
• Price / Cash Flow: 50.31
• Book Value: $71.14 per share
• Price / Book: 2.92

Miscellaneous

• Outstanding Shares: 264,800,000
• Free Float: 260,037,000
• Market Cap: $55.02 billion
• Optionable: Optionable
• Beta: 0.48