Allstate - ALL Stock Forecast, Price & News

14 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, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ALL shares.
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14 equities research analysts have issued 1-year price targets for Allstate's shares. Their ALL share price forecasts range from $104.00 to $188.00. On average, they expect the company's stock price to reach $147.31 in the next year. This suggests a possible upside of 13.2% 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 on January 1st, 2023. Since then, ALL stock has decreased by 4.0% and is now trading at $130.18.
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Allstate saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,090,000 shares, a drop of 6.4% from the December 31st total of 3,300,000 shares. Based on an average trading volume of 1,780,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.2% of the shares of the company are sold short.
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) issued its earnings results on Thursday, February, 2nd. The insurance provider reported ($1.36) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.37) by $0.01. The insurance provider earned $13.55 billion during the quarter, compared to analyst estimates of $13.45 billion. Allstate had a negative net margin of 2.55% and a negative trailing twelve-month return on equity of 1.00%. The company's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $2.75 earnings per share.
Read the conference call transcript.

Allstate declared a quarterly dividend on Friday, November 18th. Shareholders of record on Wednesday, November 30th will be given a dividend of $0.85 per share on Tuesday, January 3rd. This represents a $3.40 dividend on an annualized basis and a yield of 2.61%. 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 2.65%.
Read our dividend analysis for ALL.

Allstate announced that its Board of Directors has approved a stock buyback program on Wednesday, August 4th 2021, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 13% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors 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 a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.96%), Bank of Montreal Can (0.40%), Ceredex Value Advisors LLC (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), AMF Tjanstepension AB (0.28%) and New York State Common Retirement Fund (0.14%). 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 $130.18.

Allstate (NYSE:ALL) has a market capitalization of $34.53 billion and generates $51.41 billion in revenue each year. The insurance provider earns $1.60 billion in net income (profit) each year or ($5.32) 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.