The Allstate Stock Forecast, Price & News

The Allstate's stock was trading at $92.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ALL stock has increased by 13.0% and is now trading at $104.85.
View which stocks have been most impacted by COVID-19.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Allstate in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for The Allstate.

Wall Street analysts have given The Allstate a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Allstate wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

The Allstate is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for The Allstate.

The Allstate Co. (NYSE:ALL) posted its quarterly earnings results on Monday, November, 9th. The insurance provider reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $1.17. The insurance provider had revenue of $9.34 billion for the quarter, compared to analysts' expectations of $9.44 billion. The Allstate had a return on equity of 16.70% and a net margin of 10.68%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.84 EPS.
View The Allstate's earnings history.

The Allstate announced a quarterly dividend on Wednesday, November 18th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.54 per share on Monday, January 4th. This represents a $2.16 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Friday, November 27th.
View The Allstate's dividend history.

14 brokers have issued 1 year price targets for The Allstate's shares. Their forecasts range from $101.00 to $149.00. On average, they expect The Allstate's stock price to reach $116.64 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for The Allstate.

The Allstate saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 6,150,000 shares, a decline of 35.9% from the September 30th total of 9,600,000 shares. Based on an average trading volume of 1,860,000 shares, the short-interest ratio is presently 3.3 days. Approximately 2.0% of the shares of the stock are short sold.
View The Allstate's Short Interest.

Some companies that are related to The Allstate include (BRK.B) (BRK.B), The Progressive (PGR), The Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Erie Indemnity (ERIE), Fidelity National Financial (FNF), CNA Financial (CNA), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), AXIS Capital (AXS) and The Hanover Insurance Group (THG).
View all competitors.

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

The Allstate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALL."

The Allstate's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.79%), State Street Corp (4.93%), LSV Asset Management (1.61%), AQR Capital Management LLC (1.40%), Wells Fargo & Company MN (1.17%) and Boston Partners (1.04%). Company insiders that own The Allstate stock include Croker Trevor, Glenn T Shapiro, Jesse E Merten, Judith A Sprieser, Mario Rizzo, Mary Jane Fortin, Steven E Shebik, Susan L Lees and Thomas J Wilson.
View institutional ownership trends for The Allstate.

ALL stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., First Trust Advisors LP, Wells Fargo & Company MN, AQR Capital Management LLC, Retirement Systems of Alabama, State Street Corp, Prana Capital Management LP, and Morgan Stanley. Company insiders that have sold The Allstate company stock in the last year include Judith A Sprieser, Mario Rizzo, and Thomas J Wilson.
View insider buying and selling activity for The Allstate.

ALL stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, Voloridge Investment Management LLC, State of Tennessee Treasury Department, JPMorgan Chase & Co., Robeco Institutional Asset Management B.V., Boston Partners, and AXA S.A..
View insider buying and selling activity for The Allstate.

Shares of ALL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ALL stock can currently be purchased for approximately $104.85.

The Allstate has a market capitalization of $31.88 billion and generates $44.68 billion in revenue each year. The insurance provider earns $4.85 billion in net income (profit) each year or $10.43 on an earnings per share basis. The Allstate employs 46,290 workers across the globe.

The official website for The Allstate is www.allstate.com.

The Allstate's mailing address is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. The insurance provider can be reached via phone at 847-402-5000 or via email at [email protected]