NYSE:ALLAllstate Stock Price, Forecast & News

$106.00

+4.14 (+4.06 %)

(As of 06/5/2020 11:47 AM ET)

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Today's Range

$102.86

Now: $106.01▼

$106.57

50-Day Range

$92.08

MA: $99.22▼

$105.82

52-Week Range

$64.13

Now: $106.01▼

$125.92

Volume747,398 shs

Average Volume1.97 million shs

Market Capitalization$33.30 billion

P/E Ratio8.89

Dividend Yield2.15%

Beta0.88

The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection, Service Businesses, Allstate Life, and Allstate Benefits segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home insurance; and commercial lines products under the Allstate, Esurance, and Encompass brand names. The Service Businesses segment provides consumer electronics and appliance protection plans covering TVs, smartphones, and computers; device and mobile data collection services, analytics and customer risk assessment solutions, and telematics services; roadside assistance services, such as towing, jump-start, lockout, fuel delivery, and tire change services; and vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel protection, and paintless dent repair protection services under the SquareTrade, Arity, Allstate Roadside Services, and Allstate Dealer Services brands. The Allstate Life Segment offers term, whole, interest-sensitive, and variable life insurance products, as well as non-proprietary retirement product solutions offered by third-party providers. Its Allstate Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products. The company sells its products through agencies, as well as directly through contact centers and Internet; and financial specialists, brokers, relationships with wholesale partners, and affinity groups. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Allstate has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $115.07, Allstate has a potential upside of 8.6% from its current price of $106.01.
Amount of Analyst Coverage
Allstate has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Allstate has received 883 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Allstate has received 634 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Allstate has received 58.21% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Allstate and other stocks. Vote “Outperform” if you believe ALL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALL will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Allstate is a leading dividend payer. It pays a dividend yield of 2.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Allstate has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Allstate is 20.71 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Allstate will have a dividend payout ratio of 20.13 % next year. This indicates that Allstate will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allstate insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $67,275,235.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Allstate is held by insiders.
Percentage Held by Institutions
76.64% of the stock of Allstate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Allstate are expected to decrease by -3.77% in the coming year, from $11.15 to $10.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allstate is 8.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allstate is 8.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.38.
Price to Earnings Growth Ratio
Allstate has a PEG Ratio of 1.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Allstate has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fire, marine, & casualty insurance

Sub-IndustryProperty & Casualty Insurance

SectorFinance

Current SymbolNYSE:ALL

Previous Symbol

CUSIP02000210

CIK899051

Webwww.allstate.com

Phone847-402-5000

Debt

Debt-to-Equity Ratio0.30

Current Ratio0.31

Quick Ratio0.31

Price-To-Earnings

Trailing P/E Ratio8.89

Forward P/E Ratio9.51

P/E Growth1.2

Sales & Book Value

Annual Sales$44.68 billion

Price / Sales0.75

Cash Flow$14.34 per share

Price / Cash Flow7.39

Book Value$73.31 per share

Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)$10.43

Net Income$4.85 billion

Net Margins9.38%

Return on Equity17.53%

Return on Assets3.38%

Miscellaneous

Employees46,290

Outstanding Shares314,120,000

Market Cap$33.30 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Allstate (NYSE:ALL) Frequently Asked Questions

How has Allstate's stock been impacted by COVID-19 (Coronavirus)?

Allstate's stock was trading at $92.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALL shares have increased by 14.3% and is now trading at $106.0050. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Allstate?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There are currently 1 sell rating, 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Allstate.

When is Allstate's next earnings date?

Allstate is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Allstate.

How were Allstate's earnings last quarter?

Allstate Corp (NYSE:ALL) released its earnings results on Tuesday, May, 5th. The insurance provider reported $3.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.62. The insurance provider had revenue of $9.24 billion for the quarter, compared to analyst estimates of $9.64 billion. Allstate had a return on equity of 17.53% and a net margin of 9.38%. The firm's revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.30 earnings per share. View Allstate's earnings history.

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

Allstate declared a quarterly dividend on Tuesday, May 19th. Shareholders of record on Friday, May 29th will be given a dividend of $0.54 per share on Wednesday, July 1st. This represents a $2.16 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, May 28th. View Allstate's dividend history.

What price target have analysts set for ALL?

15 brokers have issued 1 year target prices for Allstate's shares. Their forecasts range from $94.00 to $135.00. On average, they anticipate Allstate's stock price to reach $115.07 in the next year. This suggests a possible upside of 8.6% from the stock's current price. View analysts' price targets for Allstate.

Has Allstate been receiving favorable news coverage?

Headlines about ALL stock have been trending somewhat positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allstate earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutAllstate.

Are investors shorting Allstate?

Allstate saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,080,000 shares, a decline of 12.0% from the April 30th total of 3,500,000 shares. Based on an average daily trading volume, of 2,450,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the company's stock are sold short. View Allstate's Current Options Chain.

Who are some of Allstate's key competitors?

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

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), Endologix (ELGX), CA (CA), Honeywell International (HON), AT&T (T), Cisco Systems (CSCO), BlackRock (BLK), JPMorgan Chase & Co. (JPM), Micron Technology (MU) and Home Depot (HD).

Who are Allstate's key executives?

Allstate's management team includes the following people:

Mr. Thomas Joseph Wilson II, Chairman, Pres & CEO (Age 61)
Mr. Mario Rizzo, Exec. VP & CFO (Age 52)
Mr. Steven Emil Shebik CPA, CPA, Vice Chairman (Age 62)
Mr. John Edward Dugenske C.F.A., M.B.A., CFA, Exec. VP and Chief Investment & Corp. Strategy Officer of AIC (Age 52)
Mr. Glenn Thomas Shapiro, Pres of Allstate Personal Lines - Allstate Insurance Company (Age 53)

What is Allstate's stock symbol?

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

Who are Allstate's major shareholders?

Allstate's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.05%), State Street Corp (5.00%), AQR Capital Management LLC (1.92%), Geode Capital Management LLC (1.61%), Invesco Ltd. (1.29%) and Wells Fargo & Company MN (1.16%). Company insiders that own Allstate stock include Croker Trevor, Glenn T Shapiro, Harriet K Harty, 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 Allstate.

Which major investors are selling Allstate stock?

ALL stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., BlackRock Inc., State Street Corp, Two Sigma Advisers LP, APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, and Rockefeller Capital Management L.P.. Company insiders that have sold Allstate company stock in the last year include 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 insider buying and selling activity for Allstate.

Which major investors are buying Allstate stock?

ALL stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, APG Asset Management N.V., Nuveen Asset Management LLC, Balyasny Asset Management LLC, Victory Capital Management Inc., Swiss National Bank, Aperio Group LLC, and AMF Pensionsforsakring AB. View insider buying and selling activity for Allstate.

How do I buy shares of 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.

What is Allstate's stock price today?

One share of ALL stock can currently be purchased for approximately $106.01.

How big of a company is Allstate?

Allstate has a market capitalization of $33.30 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. Allstate employs 46,290 workers across the globe.

What is Allstate's official website?

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

How can I contact Allstate?

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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff