Allstate - ALL Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There are currently 1 sell rating, 3 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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12 Wall Street research analysts have issued 1 year price targets for Allstate's shares. Their ALL share price forecasts range from $100.00 to $188.00. On average, they anticipate the company's share price to reach $143.08 in the next year. This suggests a possible upside of 8.4% 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 $117.65 at the start of the year. Since then, ALL shares have increased by 12.2% and is now trading at $132.01.
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Allstate saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 3,560,000 shares, a decline of 19.5% from the October 31st total of 4,420,000 shares. Based on an average daily volume of 1,890,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.4% of the shares of the stock 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.

The Allstate Co. (NYSE:ALL) posted its earnings results on Thursday, November, 3rd. The insurance provider reported ($1.56) earnings per share for the quarter, beating the consensus estimate of ($1.81) by $0.25. The insurance provider earned $13.38 billion during the quarter, compared to analysts' expectations of $13.30 billion. Allstate had a positive trailing twelve-month return on equity of 5.13% and a negative net margin of 0.41%. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.73 earnings per share.
Read the conference call transcript.

Allstate declared a quarterly dividend on Friday, November 18th. Stockholders 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 dividend yield of 2.58%. The ex-dividend date of this dividend 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 2.54%.
Read our dividend analysis for ALL.

Allstate declared that its Board of Directors has approved a share buyback program on Wednesday, August 4th 2021, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 13% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.69%), BlackRock Inc. (8.29%), State Street Corp (4.66%), Barrow Hanley Mewhinney & Strauss LLC (1.90%), LSV Asset Management (1.16%) and Dimensional Fund Advisors LP (1.14%). 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 $132.01.

Allstate (NYSE:ALL) has a market capitalization of $35.01 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.