Allstate Stock Forecast, Price & News

Allstate's stock was trading at $92.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALL shares have decreased by 3.4% and is now trading at $89.62.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There are currently 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.

Allstate is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Allstate.

Allstate Corp (NYSE:ALL) released its earnings results on Tuesday, August, 4th. The insurance provider reported $2.46 EPS for the quarter, beating the Zacks' consensus estimate of $1.41 by $1.05. The insurance provider had revenue of $9.22 billion for the quarter, compared to the consensus estimate of $9.37 billion. Allstate had a return on equity of 17.25% and a net margin of 10.28%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.18 earnings per share.
View Allstate's earnings history.

Allstate declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 28th will be given a dividend of $0.54 per share on Thursday, October 1st. This represents a $2.16 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, August 27th.
View Allstate's dividend history.

14 Wall Street analysts have issued twelve-month price targets for Allstate's shares. Their forecasts range from $101.00 to $135.00. On average, they anticipate Allstate's share price to reach $114.31 in the next year. This suggests a possible upside of 27.5% from the stock's current price.
View analysts' price targets for Allstate.

Media headlines about ALL stock have been trending somewhat positive on Thursday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. Allstate earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
View the latest news about Allstate.

Allstate saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,460,000 shares, an increase of 16.1% from the August 15th total of 2,980,000 shares. Based on an average daily trading volume, of 2,010,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.1% of the shares of the company are short sold.
View Allstate's Short Interest.

Some companies that are related to Allstate include Berkshire Hathaway (BRK.B), Progressive (PGR), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Fidelity National Financial (FNF), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS), RLI (RLI) and Hanover Insurance Group (THG).
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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), Honeywell International (HON), Micron Technology (MU), AT&T (T), CA (CA), Johnson & Johnson (JNJ) 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 BlackRock Inc. (8.51%), Vanguard Group Inc. (7.86%), Macquarie Group Ltd. (2.28%), LSV Asset Management (1.64%), AQR Capital Management LLC (1.47%) and FMR LLC (1.23%). Company insiders that own 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 Allstate.

ALL stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Vanguard Group Inc., FMR LLC, Alyeska Investment Group L.P., Point72 Asset Management L.P., Prudential PLC, Bank of Montreal Can, and Macquarie Group Ltd.. Company insiders that have sold Allstate company stock in the last year include Judith A Sprieser, Mario Rizzo, and Thomas J Wilson.
View insider buying and selling activity for Allstate.

ALL stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Viking Global Investors LP, First Trust Advisors LP, BlackRock Inc., AJO LP, Nuveen Asset Management LLC, Conning Inc., and Victory Capital Management Inc..
View insider buying and selling activity for 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 $89.62.

Allstate has a market capitalization of $27.99 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.

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

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]