Allstate Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There are currently 1 sell rating, 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Allstate stock.
View analyst ratings for Allstate or view top-rated stocks.

13 equities research analysts have issued twelve-month price targets for Allstate's stock. Their ALL stock forecasts range from $120.00 to $188.00. On average, they expect Allstate's share price to reach $145.75 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts' price targets for Allstate or view top-rated stocks among Wall Street analysts.

Allstate's stock was trading at $117.65 at the beginning of the year. Since then, ALL shares have increased by 11.5% and is now trading at $131.14.
View the best growth stocks for 2022 here.

Allstate is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Allstate.

The Allstate Co. (NYSE:ALL) announced its quarterly earnings results on Wednesday, May, 4th. The insurance provider reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates of $2.79 by $0.21. The insurance provider had revenue of $10.98 billion for the quarter, compared to analysts' expectations of $11.14 billion. Allstate had a net margin of 7.20% and a trailing twelve-month return on equity of 12.50%. The business's quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $6.11 earnings per share.
View Allstate's earnings history.

Allstate announced a quarterly dividend on Monday, May 23rd. Investors of record on Friday, June 3rd will be given a dividend of $0.85 per share on Friday, July 1st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Thursday, June 2nd.
View Allstate's dividend history.

Allstate(NYSE:ALL) pays an annual dividend of $3.40 per share and currently has a dividend yield of 2.64%. Allstate has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Allstate is 28.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Allstate will have a dividend payout ratio of 26.52% next year. This indicates that Allstate will be able to sustain or increase its dividend.
View Allstate's dividend history.

Allstate announced that its Board of Directors has approved a share repurchase program on Wednesday, August 4th 2021, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 13% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

2,379 employees have rated Allstate CEO Thomas J. Wilson II on Glassdoor.com. Thomas J. Wilson II has an approval rating of 61% among Allstate's employees. This puts Thomas J. Wilson II in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Allstate include Progressive (PGR), Travelers Companies (TRV), Cincinnati Financial (CINF), W. R. Berkley (WRB), Markel (MKL), Arch Capital Group (ACGL), CNA Financial (CNA), Fidelity National Financial (FNF), Old Republic International (ORI), First American Financial (FAF), The Hanover Insurance Group (THG), RLI (RLI), Selective Insurance Group (SIGI), AXIS Capital (AXS) and White Mountains Insurance Group (WTM).
View all of ALL's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allstate investors own include Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), (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 many different institutional and retail investors. Top institutional investors include Private Asset Management Inc. (0.01%), Bard Financial Services Inc. (0.01%), Independence Bank of Kentucky (0.00%), Pensionfund Sabic (0.00%), Capital Investment Advisors LLC (0.00%) and GoalVest Advisory LLC (0.00%). Company insiders that own Allstate stock include Croker Trevor, Glenn T Shapiro, Jesse E Merten, John C Pintozzi, John E Dugenske, Judith A Sprieser, Mario Rizzo, Mary Jane Fortin, Steven E Shebik, Suren Gupta, Susan L Lees, Thomas J Wilson 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 Pensionfund Sabic, Private Asset Management Inc., Independence Bank of Kentucky, and Capital Investment Advisors LLC. Company insiders that have sold Allstate company stock in the last two years include Glenn T Shapiro, Jesse E Merten, John C Pintozzi, John E Dugenske, Judith A Sprieser, Mario Rizzo, Suren Gupta, and Thomas J Wilson.
View insider buying and selling activity for Allstate or view top insider-selling stocks.

ALL stock was acquired by a variety of institutional investors in the last quarter, including GoalVest Advisory LLC, and Bard Financial Services Inc..
View insider buying and selling activity for Allstate or or view top insider-buying stocks.

Shares of ALL 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.
Compare Top Brokerages Here.

One share of ALL stock can currently be purchased for approximately $131.14.

Allstate (NYSE:ALL) has a market capitalization of $36.06 billion and generates $50.59 billion in revenue each year. The insurance provider earns $1.60 billion in net income (profit) each year or $11.94 on an earnings per share basis.

Allstate employs 54,700 workers across the globe.

Allstate was founded in 1931.

Allstate's mailing address is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. The official website for Allstate 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.