Allstate - ALL Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last twelve months. There are currently 1 sell rating, 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALL shares.
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14 brokers have issued twelve-month target prices for Allstate's stock. Their ALL share price forecasts range from $105.00 to $188.00. On average, they predict the company's share price to reach $147.85 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for ALL or view top-rated stocks among Wall Street analysts.

Allstate's stock was trading at $135.60 at the beginning of the year. Since then, ALL shares have decreased by 5.3% and is now trading at $128.47.
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Allstate saw a decrease in short interest in January. As of January 15th, there was short interest totaling 3,090,000 shares, a decrease of 6.4% from the December 31st total of 3,300,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.2% of the shares of the company are sold short.
View Allstate's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our ALL earnings forecast.

Allstate will be holding an earnings conference call on Thursday, February 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

The Allstate Co. (NYSE:ALL) issued its earnings results on Wednesday, November, 3rd. The insurance provider reported $0.73 EPS for the quarter, missing the consensus estimate of $1.62 by $0.89. The insurance provider had revenue of $12.38 billion for the quarter. Allstate had a negative net margin of 0.41% and a positive trailing twelve-month return on equity of 5.13%. During the same period in the prior year, the firm posted $2.94 earnings per share.
Read the conference call transcript.

Allstate announced a quarterly dividend on Friday, November 18th. Investors of record on Wednesday, November 30th will be paid a dividend of $0.85 per share on Tuesday, January 3rd. This represents a $3.40 annualized dividend and a yield of 2.65%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for ALL.

Allstate (NYSE:ALL) pays an annual dividend of $3.40 per share and currently has a dividend yield of 2.66%.
Read our dividend analysis for ALL.

Allstate declared that its board has approved a stock repurchase plan on Wednesday, August 4th 2021, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 13% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued.

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.

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).

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

Allstate's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.96%), Ceredex Value Advisors LLC (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), AMF Tjanstepension AB (0.28%), New York State Common Retirement Fund (0.14%) and Vaughan Nelson Investment Management L.P. (0.12%). Insiders that own company stock include Glenn T Shapiro, Jesse E Merten, John C Pintozzi, John E Dugenske, Judith A Sprieser, Mario Rizzo, Mark Q Prindiville, Suren Gupta, Thomas J Wilson and Thomas J Wilson.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALL stock can currently be purchased for approximately $128.47.

Allstate (NYSE:ALL) has a market capitalization of $34.07 billion and generates $50.59 billion in revenue each year. The insurance provider earns $1.60 billion in net income (profit) each year or ($1.42) on an earnings per share basis.

The company employs 54,700 workers across the globe.

Allstate's mailing address is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. The official website for the company is www.allstate.com. The insurance provider can be reached via phone at (847) 402-5000, via email at invrel@allstate.com, or via fax at 651-450-4033.