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DOW   36,124.56
QQQ   387.29
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DOW   36,124.56
QQQ   387.29
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The Strategic Gold Play You Haven't Heard About (Ad)
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Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

Allstate Stock Price, News & Analysis (NYSE:ALL)

$138.68
+0.04 (+0.03%)
(As of 12/5/2023 ET)
Compare
Today's Range
$137.48
▼
$139.68
50-Day Range
$109.86
▼
$138.68
52-Week Range
$100.57
▼
$142.15
Volume
1.19 million shs
Average Volume
1.80 million shs
Market Capitalization
$36.29 billion
P/E Ratio
N/A
Dividend Yield
2.57%
Price Target
$135.50
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Allstate MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
2.3% Downside
$135.50 Price Target
Short Interest
Healthy
1.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.70mentions of Allstate in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$2.02 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.97) to $12.38 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Financial Services Sector

32nd out of 90 stocks

Insurance - Property & Casualty Industry

4th out of 7 stocks

See Top Rated MarketRank™ Stocks Here

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

November 10, 2023 | marketbeat.com
Interest rates propel insurers' earnings to new highs (ALL)
The insurance sector, including Progressive and Chubb, outperforms with steady earnings growth and favorable market conditions amid rising interest rates.
December 6, 2023 | americanbankingnews.com
The Allstate Co. (NYSE:ALL) Given Consensus Recommendation of "Moderate Buy" by Brokerages
December 6, 2023 | Edge On The Street (Ad)
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
December 5, 2023 | msn.com
Westfield Allstate Agency Collecting New & Used Toys for Families in Need
December 5, 2023 | msn.com
Allstate Corporation DP SH PFD H declares $0.3188 dividend
December 5, 2023 | markets.businessinsider.com
Levi & Korsinsky, LLP Notifies Shareholders of The Allstate Corporation (ALL) an Upcoming Claims Deadline in a Class Action Settlement
December 5, 2023 | finance.yahoo.com
TRV or ALL: Which P&C Insurance Stock Has an Edge Now?
December 5, 2023 | americanbankingnews.com
Head-To-Head Comparison: Majestic Capital (OTCMKTS:MAJCQ) vs. Allstate (NYSE:ALL)
December 6, 2023 | Edge On The Street (Ad)
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
December 4, 2023 | msn.com
Who will play in the 2024 Allstate Sugar Bowl? Location, teams and more
December 4, 2023 | msn.com
Allstate Software Studio opens at Queen’s University Belfast
December 4, 2023 | msn.com
Allstate Sugar Bowl festivities to bring big economic impact to New Orleans
December 4, 2023 | washingtonpost.com
Alabama beats Georgia to win SEC title and complicate playoff picture
December 3, 2023 | msn.com
Longhorns Extra Points: Texas kisses Big 12 goodbye with a championship
December 3, 2023 | sports.yahoo.com
Texas Longhorns to play in Allstate Sugar Bowl against Washington
December 3, 2023 | news.yahoo.com
Washington and Texas to Meet in College Football Playoff Semifinal at the Allstate Sugar Bowl
December 2, 2023 | msn.com
College football bowl schedule: Tracking the selections for all 41 bowl games in 2023-24
December 2, 2023 | nasdaq.com
Allstate Corp (The) Shares Near 52-Week High - Market Mover
December 2, 2023 | seekingalpha.com
Allstate: 5 Reasons Why I Am Bullish
December 1, 2023 | seekingalpha.com
Allstate: Shares Are Fully Pricing In A Recovery That May Not Come
December 1, 2023 | finance.yahoo.com
Why Is Allstate (ALL) Up 5% Since Last Earnings Report?
November 30, 2023 | news.yahoo.com
Sweet: Daniels among 10 finalists for Manning Award
November 30, 2023 | msn.com
I-TEAM Neighborhood Nuisance: Roof caves in, woman says Allstate won’t help
November 29, 2023 | msn.com
Allstate Westfield Athlete of the Week: Kate Giglio
November 29, 2023 | finance.yahoo.com
Allstate Expands College Football Ties with On-the-Road Correspondent
November 29, 2023 | forbes.com
Kiss Alive As ‘End Of The Road’ Nears - Three Left Following Chicago Stop
November 28, 2023 | finance.yahoo.com
Blake Corum Named the 2023 Allstate AFCA Good Works Team® Captain
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
8/30/2023
Dividend Payable
10/02/2023
Last Earnings
11/02/2023
Ex-Dividend for 1/2 Dividend
11/29/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/02/2024
Next Earnings (Estimated)
2/07/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Insurance - Property & Casualty
Sub-Industry
Property & Casualty Insurance
Sector
Financial Services
Current Symbol
NYSE:ALL
CUSIP
02000210
CIK
899051
Web
www.allstate.com
Phone
(847) 402-5000
Fax
651-450-4033
Employees
54,000
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$135.50
High Stock Price Target
$160.00
Low Stock Price Target
$100.00
Potential Upside/Downside
-2.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($7.93)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-1,311,000,000.00
Net Margins
-3.51%
Pretax Margin
-4.67%
Return on Equity
-10.95%
Return on Assets
-1.55%

Debt

Debt-to-Equity Ratio
0.64
Current Ratio
0.35
Quick Ratio
0.35

Sales & Book Value

Annual Sales
$51.41 billion
Price / Sales
0.71
Cash Flow
$2.22 per share
Price / Cash Flow
62.42
Book Value
$57.99 per share
Price / Book
2.39

Miscellaneous

Outstanding Shares
261,690,000
Free Float
257,238,000
Market Cap
$36.29 billion
Optionable
Optionable
Beta
0.54

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Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 Tuesday, November 28, 2023 at 11:22 AM.

Pros

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

  • The Allstate Co. operates in the property and casualty insurance industry, which provides coverage for fire, marine, and casualty risks. This industry has a steady demand for insurance products, making it a stable investment option.
  • The company offers a wide range of insurance products, including private passenger auto and homeowners insurance, as well as commercial lines products. This diversification allows The Allstate Co. to cater to different customer segments and capture a larger market share.
  • The Allstate Co. has a strong brand presence and is well-known in the insurance industry. This brand recognition can attract more customers and contribute to the company's growth.
  • Recent developments in the property and casualty insurance industry, such as advancements in technology and data analytics, have allowed companies like The Allstate Co. to improve their underwriting processes and better assess risks. This can lead to more accurate pricing and improved profitability.
  • The current stock price of The Allstate Co. is favorable for investors looking for potential growth opportunities. The stock has shown positive performance in recent periods, indicating the company's ability to generate returns for shareholders.

Cons

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

  • The property and casualty insurance industry is highly competitive, with many players vying for market share. This competition can put pressure on pricing and profitability, potentially impacting The Allstate Co.'s financial performance.
  • The Allstate Co. operates in the United States and Canada, which exposes the company to regulatory and legal risks in these jurisdictions. Changes in regulations or legal actions could have a negative impact on the company's operations and financial results.
  • The insurance industry is susceptible to catastrophic events, such as natural disasters or large-scale accidents. These events can result in significant claims payouts and financial losses for insurance companies, including The Allstate Co.
  • Investing in insurance companies requires a thorough understanding of financial terms and metrics, such as underwriting ratios, loss ratios, and combined ratios. Investors should carefully analyze these financial indicators to assess the company's profitability and risk management capabilities.
  • The Allstate Co. operates in a cyclical industry, meaning its financial performance can be influenced by economic conditions. During economic downturns, demand for insurance products may decrease, affecting the company's revenue and profitability.














ALL Stock Analysis - Frequently Asked Questions

Should I buy or sell Allstate stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

14 brokerages have issued 12 month price objectives for Allstate's shares. Their ALL share price targets range from $100.00 to $160.00. On average, they predict the company's share price to reach $135.50 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts price targets for ALL or view top-rated stocks among Wall Street analysts.

How have ALL shares performed in 2023?

Allstate's stock was trading at $135.60 at the start of the year. Since then, ALL shares have increased by 2.3% and is now trading at $138.68.
View the best growth stocks for 2023 here.

Are investors shorting Allstate?

Allstate saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 3,190,000 shares, a decline of 14.7% from the October 31st total of 3,740,000 shares. Based on an average trading volume of 1,660,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.2% of the company's shares 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, February 7th 2024.
View our ALL earnings forecast.

How were Allstate's earnings last quarter?

The Allstate Co. (NYSE:ALL) announced its earnings results on Thursday, November, 2nd. The insurance provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.42. The insurance provider had revenue of $14.50 billion for the quarter, compared to analyst estimates of $12.78 billion. Allstate had a negative trailing twelve-month return on equity of 10.95% and a negative net margin of 3.51%. The company's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.56) EPS.
Read the conference call transcript.

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

Allstate announced a quarterly dividend on Wednesday, November 15th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.89 per share on Tuesday, January 2nd. This represents a $3.56 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Wednesday, November 29th.
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 2.59%.
Read our dividend analysis for ALL.

What ETFs hold Allstate's stock?

ETFs with the largest weight of Allstate (NYSE:ALL) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares U.S. Insurance ETF (IAK), God Bless America ETF (YALL), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), American CenturyFocused Large Cap Value ETF (FLV), ASYMshares ASYMmetric S&P 500 ETF (ASPY) and SPDR S&P Insurance ETF (KIE).

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), CA (CA) and Verizon Communications (VZ).

Who are Allstate's major shareholders?

Allstate's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.26%), American Century Companies Inc. (1.94%), Bank of New York Mellon Corp (1.62%), Diamond Hill Capital Management Inc. (1.60%), Invesco Ltd. (1.58%) and Wellington Management Group LLP (1.46%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/6/2023 by MarketBeat.com Staff

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