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MarketBeat Week in Review – 2/19 - 2/23
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A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

Allstate (ALL) Stock Price, News & Analysis

$159.13
-1.06 (-0.66%)
(As of 02/23/2024 ET)
Today's Range
$158.87
$161.20
50-Day Range
$135.44
$161.89
52-Week Range
$100.57
$168.05
Volume
1.64 million shs
Average Volume
1.48 million shs
Market Capitalization
$41.86 billion
P/E Ratio
N/A
Dividend Yield
2.24%
Price Target
$159.12

Allstate MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.72 Rating Score
Upside/​Downside
0.0% Downside
$159.12 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.58mentions of Allstate in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.50%
From $12.98 to $16.55 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.

4.84 out of 5 stars

Finance Sector

63rd out of 844 stocks

Fire, Marine, & Casualty Insurance Industry

2nd out of 49 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. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; towing, jump-start, lockout, fuel delivery, and tire change services; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment 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. It sells its products through agents, independent agents, call centers, retailers, voluntary benefits brokers, strategic partners, financial specialists, wholesale partners, and affinity groups, as well as through online and mobile applications. The company was founded in 1931 and is headquartered in Northbrook, Illinois.

ALL Stock Price History

ALL Stock News Headlines

S&P 500's surge to new highs: Bull trap hiding in plain sight? (ALL)
Nvidia and Meta lead the S&P 500 rally, but there's cause for concern about a potential bull trap amid market volatility and a pivot to stable dividend payers.
The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
Allstate Raises Quarterly Dividend by 3.4%
Allstate Announces Quarterly Dividends
AI medical stock landing MASSIVE contracts
The company is tiny today, but big pharma is lining up to use its patent-protected technology. In short, it is the inventor of the world's first AI-designed drug to enter clinical trials. Currently, the stock trades for less than $10 today and is at the forefront of it all.
Decoding Allstate Corp (ALL): A Strategic SWOT Insight
Allstate reports January catastrophe losses
Head to Head Review: GAINSCO (OTCMKTS:GANS) vs. Allstate (NYSE:ALL)
See More Headlines
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Company Calendar

Ex-Dividend for 1/2 Dividend
11/29/2023
Dividend Payable
1/02/2024
Last Earnings
2/08/2024
Today
2/24/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 4/1 Dividend
1/01/2100

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
02000210
Employees
54,500
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$159.12
High Stock Price Target
$193.00
Low Stock Price Target
$107.00
Potential Upside/Downside
0.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.72
Research Coverage
18 Analysts

Profitability

Net Income
$-188,000,000.00
Pretax Margin
-0.61%

Debt

Sales & Book Value

Annual Sales
$57.09 billion
Cash Flow
$4.11 per share
Book Value
$59.41 per share

Miscellaneous

Free Float
257,238,000
Market Cap
$41.86 billion
Optionable
Optionable
Beta
0.52

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Key Executives

  • Mr. Thomas Joseph Wilson II (Age 66)
    Chairman of the Board, President & CEO
    Comp: $3.84M
  • Mr. Jesse Edward Merten B.B.A. (Age 49)
    Executive VP & CFO
    Comp: $966.17k
  • Mr. Robert Alexander Toohey (Age 56)
    Executive VP & Chief Human Resource Officer
    Comp: $786.45k
  • Mr. Suren K. GuptaMr. Suren K. Gupta (Age 63)
    President of Enterprise Solutions
    Comp: $1.13M
  • Mr. John Charles Pintozzi (Age 58)
    Senior VP, Controller & Chief Accounting Officer
  • Mr. Zulfikar Jeevanjee
    Executive VP & Chief Information Officer
  • Mark Nogal
    Head of Investor Relations
  • Ms. Christine Marie DeBiase Esq. (Age 55)
    Executive VP, Chief Legal Officer, General Counsel & Corporate Secretary
  • Mr. Chris Brown
    Managing Principal
  • Mr. Karl Wiley
    Executive Vice President of Protection Services Group

Should I Buy Allstate Stock? ALL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Allstate was last updated on Monday, February 19, 2024 at 8:00 PM.

Pros

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

  • The Allstate Corporation provides property and casualty insurance products in the US and Canada, offering stability and potential for growth in the insurance sector.
  • With a history dating back to 1931, The Allstate Co. has a long-standing reputation and experience in the insurance industry.
  • The company offers insurance products through various channels, including agents, brokers, and online platforms, catering to a wide range of customers.
  • Recent developments in the company's technology and mobile applications enhance customer engagement and accessibility, potentially driving growth.
  • Current stock price of The Allstate Co. shows positive momentum, indicating potential for capital appreciation in the near future.

Cons

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

  • The insurance industry is highly competitive, with potential regulatory challenges and market fluctuations affecting profitability.
  • Economic downturns or natural disasters can lead to increased claims and financial losses for insurance companies like The Allstate Co.
  • Investing in insurance companies may involve risks related to underwriting performance, investment portfolio management, and interest rate fluctuations.
  • Market conditions and interest rates can impact the company's investment income and overall financial performance.
  • While the company has a strong presence in the US and Canada, expansion into new markets may pose challenges and risks for investors.














ALL Stock Analysis - Frequently Asked Questions

Should I buy or sell Allstate stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There are currently 1 sell rating, 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALL shares.
View ALL analyst ratings
or view top-rated stocks.

What is Allstate's stock price target for 2024?

18 brokerages have issued 1 year price objectives for Allstate's stock. Their ALL share price targets range from $107.00 to $193.00. On average, they predict the company's share price to reach $159.12 in the next twelve months. This suggests that the stock has a possible downside of 0.0%.
View analysts price targets for ALL
or view top-rated stocks among Wall Street analysts.

How have ALL shares performed in 2024?

Allstate's stock was trading at $139.98 at the start of the year. Since then, ALL shares have increased by 13.7% and is now trading at $159.13.
View the best growth stocks for 2024 here
.

Are investors shorting Allstate?

Allstate saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 1,970,000 shares, a decline of 9.6% from the January 15th total of 2,180,000 shares. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.8% of the company's stock are short sold.
View Allstate's Short Interest
.

When is Allstate's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ALL earnings forecast
.

How were Allstate's earnings last quarter?

The Allstate Co. (NYSE:ALL) announced its quarterly earnings data on Thursday, February, 8th. The insurance provider reported $5.82 EPS for the quarter, beating the consensus estimate of $3.87 by $1.95. The insurance provider earned $14.83 billion during the quarter, compared to analysts' expectations of $12.69 billion. Allstate had a positive trailing twelve-month return on equity of 2.67% and a negative net margin of 0.33%. The company's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.36) earnings per share.
Read the conference call transcript
.

How often does Allstate pay dividends? What is the dividend yield for Allstate?

Allstate announced a quarterly dividend on Friday, February 23rd. Shareholders of record on Monday, March 4th will be given a dividend of $0.92 per share on Monday, April 1st. This represents a $3.68 annualized dividend and a yield of 2.31%. This is a positive change from the stock's previous quarterly dividend of $0.89.
Read our dividend analysis for ALL
.

Is Allstate a good dividend stock?

Allstate (NYSE:ALL) pays an annual dividend of $3.56 per share and currently has a dividend yield of 2.22%.
Read our dividend analysis for ALL.

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.

What other stocks do shareholders of Allstate own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allstate investors own include Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), Endologix (ELGX), Intel (INTC), Micron Technology (MU), AT&T (T), Johnson & Johnson (JNJ), Xtrackers California Municipal Bond ETF (CA) and Verizon Communications (VZ).

Who are Allstate's major shareholders?

Allstate's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.30%), Price T Rowe Associates Inc. MD (3.10%), Charles Schwab Investment Management Inc. (2.26%), Allspring Global Investments Holdings LLC (1.39%), Northern Trust Corp (1.29%) and Legal & General Group Plc (1.03%). Insiders that own company stock include Glenn T Shapiro, Jesse E Merten, John C Pintozzi, John E Dugenske, Judith A Sprieser, Judith A Sprieser, Mario Rizzo, Mark Q Prindiville, Suren Gupta and Thomas J Wilson.
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.

Does Allstate have any subsidiaries?
The following companies are subsidiares of Allstate: AIMCO Private Fund I Holding LLC, AIMCO Private Fund I LLC, AIMCO Private Fund II LLC, ALIC Reinsurance Company, ALINV Mosaic LLC, ANIHI Newco LLC, AP Real Estate LLC, AP Riverway Plaza LLC, AP Timber LLC, Allstate Assignment Company, Allstate Assurance Company, Allstate County Mutual Insurance Company, Allstate Digital Ventures LLC, Allstate Distributors L.L.C., Allstate Enterprises LLC, Allstate Exchange Services LLC, Allstate Finance Company Agency Loans LLC, Allstate Finance Company LLC, Allstate Financial Advisors LLC, Allstate Financial Corporation, Allstate Financial Insurance Holdings Corporation, Allstate Financial LLC, Allstate Financial Services LLC (1), Allstate Fire and Casualty Insurance Company, Allstate Global Holdings Limited, Allstate Indemnity Company, Allstate Insurance Company, Allstate Insurance Company of Canada, Allstate Insurance Holdings LLC, Allstate International Assignments Ltd., Allstate International Holdings Inc., Allstate Investment Management Company, Allstate Investments LLC, Allstate Life Insurance Company (2), Allstate Life Insurance Company of Canada, Allstate Life Insurance Company of New York, Allstate Motor Club Inc., Allstate New Jersey Insurance Company, Allstate New Jersey Property and Casualty Insurance Company, Allstate Non-Insurance Holdings Inc., Allstate North American Insurance Company, Allstate Northbrook Indemnity Company, Allstate Northern Ireland Limited, Allstate Property and Casualty Insurance Company, Allstate Settlement Corporation, Allstate Short Term Pool LLC, Allstate Solutions Private Limited, Allstate Texas Lloyd’s, Allstate Texas Lloyd’s Inc., Allstate Vehicle and Property Insurance Company, American Heritage Life Insurance Company, American Heritage Service Company, Answer Financial Inc., Answer Marketplace LLC, Arity 875 LLC, Arity International Limited, Arity LLC, Arity Services LLC, CE Care Plan Corp, Castle Key Indemnity Company, Castle Key Insurance Company, Complete Product Care Corp, Current Creek Investments LLC, E.R.J. Insurance Group Inc. (3), Encompass Floridian Indemnity Company, Encompass Floridian Insurance Company, Encompass Home and Auto Insurance Company, Encompass Indemnity Company, Encompass Independent Insurance Company, Encompass Insurance Company, Encompass Insurance Company of America, Encompass Insurance Company of Massachusetts, Encompass Insurance Company of New Jersey, Encompass Insurance Holdings LLC, Encompass Property and Casualty Company, Encompass Property and Casualty Insurance Company of New Jersey, Esurance Holdings Inc., Esurance Insurance Company, Esurance Insurance Company of Canada, Esurance Insurance Company of New Jersey, Esurance Insurance Services Company of Canada, Esurance Insurance Services Inc. (4), Esurance Property and Casualty Insurance Company, First Colonial Insurance Company, Identity Protection Strategic Solutions LLC, InfoArmor Aggra Inc., InfoArmor Inc., Insurance Answer Center LLC (5), Intramerica Life Insurance Company, Ivantage Insurance Brokers Inc., Ivantage Select Agency Inc., Kennett Capital Inc., NBInv AF1 LLC, NBInv AF2 LLC, NBInv AF3 LLC, NBInv AF4 LLC, NBInv AF5 LLC, NBInv AF6 LLC, NBInv AP1 LLC, NBInv AP2 LLC, NBInv AP3 LLC, NBInv AP4 LLC, NBInv AP5 LLC, NBInv AP6 LLC, NBInv AP7 LLC, NBInv AP8 LLC, NBInv APAF1 LLC, NBInv Riverside Cars1 LLC, NBInv Riverside Management LLC, North Light Specialty Insurance Company, Northeast Agencies Inc. (6), Pablo Creek Services Inc., Pafco Insurance Company, Pembridge Insurance Company, PlumChoice Business Services Inc., PlumChoice Inc., Protection Plan Group Inc., Right Answer Insurance Agency LLC, Road Bay Investments LLC, ST Product Care Corp, Signature Agency Inc., Signature Motor Club Inc., Signature Motor Club of California Inc., Signature Nationwide Auto Club of California Inc., Signature’s Nationwide Auto Club Inc., SquareTrade Australia Pty Ltd, SquareTrade Canada Inc., SquareTrade Europe Limited, SquareTrade Holding Company Inc., SquareTrade Inc. (7), SquareTrade Insurance Services Inc., SquareTrade Limited, SquareTrade Protection Solutions Inc., SquareTradeGo Inc., Tech-Cor LLC, and West Plaza RE Holdings LLC.
Read More
This page (NYSE:ALL) was last updated on 2/24/2024 by MarketBeat.com Staff