Allstate - ALL Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ALL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALL, but not buy additional shares or sell existing shares.
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13 Wall Street research analysts have issued 1-year target prices for Allstate's stock. Their ALL share price forecasts range from $104.00 to $188.00. On average, they anticipate the company's stock price to reach $146.85 in the next twelve months. This suggests a possible upside of 39.1% 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 stock has decreased by 22.1% and is now trading at $105.59.
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Allstate saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 3,810,000 shares, an increase of 5.2% from the February 13th total of 3,620,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.5% of the company's stock are short sold.
View Allstate's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ALL earnings forecast.

The Allstate Co. (NYSE:ALL) released its quarterly earnings results on Thursday, February, 2nd. The insurance provider reported ($1.36) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.37) by $0.01. The insurance provider earned $13.55 billion during the quarter, compared to analysts' expectations of $13.45 billion. Allstate had a negative net margin of 2.55% and a negative trailing twelve-month return on equity of 1.04%. The company's revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.75 EPS.
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Allstate announced a quarterly dividend on Friday, February 17th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.89 per share on Monday, April 3rd. This represents a $3.56 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Monday, February 27th. This is a positive change from the stock's previous quarterly dividend of $0.85.
Read our dividend analysis for ALL.

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), American CenturyFocused Large Cap Value ETF (FLV), Natixis Vaughan Nelson Mid Cap ETF (VNMC), God Bless America ETF (YALL), TrueMark ESG Active Opportunities ETF (ECOZ), SPDR S&P Insurance ETF (KIE) and ASYMshares ASYMmetric S&P 500 ETF (ASPY).

Allstate (NYSE:ALL) pays an annual dividend of $3.56 per share and currently has a dividend yield of 3.16%.
Read our dividend analysis for ALL.

Allstate announced that its Board of Directors has approved a share buyback program on Wednesday, August 4th 2021, which allows the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 13% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are 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), Honeywell International (HON), 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 number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (2.24%), Geode Capital Management LLC (2.17%), Price T Rowe Associates Inc. MD (2.09%), American Century Companies Inc. (1.77%), Barrow Hanley Mewhinney & Strauss LLC (1.64%) and Morgan Stanley (1.34%). 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 $105.59.

Allstate (NYSE:ALL) has a market capitalization of $27.81 billion and generates $51.41 billion in revenue each year. The insurance provider earns $-1,311,000,000.00 in net income (profit) each year or ($5.32) on an earnings per share basis.

The company employs 54,500 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.