NYSE:ALL

Allstate - ALL Stock Forecast, Price & News

$124.53

-1.60 (-1.27%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $124.24
▼
$126.98
50-Day Range: $113.92
▼
$133.02
52-Week Range: $106.11
▼
$144.46

Volume: 2.60 million shs
Average Volume: 1.70 million shs
Market Capitalization: $33.66 billion

P/E Ratio: 43.39
Dividend Yield: 2.70%
Price Target: $142.00

Allstate MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.58 Rating Score
Upside/Downside: 14.0% Upside
$142.00 Price Target
Short Interest: Healthy
1.85% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.59
Upright™ Environmental Score
News Sentiment: 0.00
Based on 12 Articles This Week
Insider Trading: Selling Shares
$694,000 Sold Last Quarter
Proj. Earnings Growth: 119.30%
From $5.13 to $11.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

316th out of 923 stocks

Fire, Marine, & Casualty Insurance Industry

14th out of 50 stocks

2.3

Analyst's Opinion

Consensus Rating
Allstate has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $142.00, Allstate has a forecasted upside of 14.0% from its current price of $124.53.
Amount of Analyst Coverage
Allstate has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.85% of the float of Allstate has been sold short.
Short Interest Ratio / Days to Cover
Allstate has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Allstate has recently increased by 5.53%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Allstate pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Allstate has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Allstate is 118.47%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Allstate will have a dividend payout ratio of 30.22% next year. This indicates that Allstate will be able to sustain or increase its dividend.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Allstate has received a 20.26% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Renters' insurance services for individuals", "Life insurance services for individuals", and "Accident insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Allstate is -0.59.

2.2

News and Social Media Coverage

News Sentiment
Allstate has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Allstate this week, compared to 8 articles on an average week.
Search Interest
Only 15 people have searched for ALL on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
MarketBeat Follows
16 people have added Allstate to their MarketBeat watchlist in the last 30 days. This is an increase of 45% compared to the previous 30 days.

2.5

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 $694,000.00 in company stock.
Percentage Held by Insiders
Only 1.77% of the stock of Allstate is held by insiders.
Percentage Held by Institutions
76.17% of the stock of Allstate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Allstate are expected to grow by 119.30% in the coming year, from $5.13 to $11.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allstate is 43.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allstate is 43.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.15.
Price to Earnings Growth Ratio
Allstate has a PEG Ratio of 4.77. 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 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Allstate (NYSE:ALL) Stock

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability 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 and stand-alone scheduled personal property; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability offers property and casualty insurance. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois.

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ALL Stock News Headlines

September 26, 2022 | marketbeat.com

Insurers say California's inaction threatens auto policies

Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve rate increases since the start of the coronavirus pandemic

September 30, 2022 | marketwatch.com

5 Best Homeowners Insurance Companies in Arizona (2022) - MarketWatch

September 29, 2022 | marketwatch.com

Allstate RV Insurance: Coverage and Discounts (2022) - MarketWatch

September 28, 2022 | nasdaq.com

Allstate Corp's 4.750% Noncumulative Perpetual Preferred Stock, Series I Shares Cross 6% Yield Mark

September 28, 2022 | seekingalpha.com

Interest Rate Protection From Allstate Baby Bonds With A 16% Potential Return

September 27, 2022 | americanbankingnews.com

The Allstate Co. (NYSE:ALL) Expected to Post Q3 2022 Earnings of $0.21 Per Share

September 26, 2022 | businesswire.com

Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job Opportunity as Scammers Capitalize on Remote Work - Business Wire

September 26, 2022 | finance.yahoo.com

Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job Opportunity as Scammers Capitalize on Remote Work

September 21, 2022 | msn.com

Mississippi State's Austin Williams Nominated for 2022 Allstate AFCA Good Works Team

September 19, 2022 | businesswire.com

2022 Allstate AFCA Good Works Team Celebrates College Football Players as Community Leaders - Business Wire

September 19, 2022 | seekingalpha.com

Allstate Stock: Cheap Valuation And Strong Chart Make It A Buy - Seeking Alpha

September 19, 2022 | finance.yahoo.com

2022 Allstate AFCA Good Works Team Celebrates College Football Players as Community Leaders

September 15, 2022 | businesswire.com

Allstate Announces August 2022 Implemented Auto Rates - Business Wire

September 15, 2022 | finance.yahoo.com

Allstate plans 'significant' price increases for car insurance in the second half in response to inflationary pressures

September 15, 2022 | finance.yahoo.com

Allstate Announces August 2022 Implemented Auto Rates

September 15, 2022 | marketwatch.com

7 Best Renters Insurance Companies in New York (2022) - MarketWatch

September 14, 2022 | marketwatch.com

Allstate Boat Insurance Review: Cost and Coverage (2022) - MarketWatch

September 12, 2022 | benzinga.com

Allstate (NYSE:ALL), Wells Fargo (NYSE:WFC) – 365 Impact Kicks off Nationwide Tour at Historically Black - Benzinga

September 12, 2022 | bizjournals.com

2022 Fire Awards, Rising Founders: Ingrid Cook Moravitz, SHzoom

September 9, 2022 | fortune.com

Why Allstate tapped a leader with a background in tech, media, and telecom to head HR - Fortune

September 8, 2022 | marketwatch.com

5 Best High-risk Homeowners Insurance Companies of 2022 - MarketWatch

September 2, 2022 | finance.yahoo.com

Why Is Allstate (ALL) Up 6.6% Since Last Earnings Report? - Yahoo Finance

September 2, 2022 | finance.yahoo.com

Why Is Allstate (ALL) Up 6.6% Since Last Earnings Report?

September 2, 2022 | nasdaq.com

Why Is Allstate (ALL) Up 6.6% Since Last Earnings Report? - Nasdaq

August 31, 2022 | msn.com

Allstate Louisiana Kickoff is Sold Out

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ALL Company Calendar

Last Earnings: 8/03/2022
Ex-Dividend for 10/3 Dividend: 8/30/2022
Today: 10/02/2022
Dividend Payable: 10/03/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NYSE:ALL
CUSIP: 02000210
CIK: 899051
Web: www.allstate.com
Phone: (847) 402-5000
Fax: 651-450-4033
Employees: 54,700
Year Founded: 1931

Price Target and Rating

Average Stock Price Forecast: $142.00
High Stock Price Forecast: $188.00
Low Stock Price Forecast: $110.00
Forecasted Upside/Downside: +14.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.58
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.87
Trailing P/E Ratio: 43.39
Forward P/E Ratio: 24.27
P/E Growth: 4.77
Net Income: $1.60 billion
Net Margins: 1.99%
Pretax Margin: 2.20%
Return on Equity: 7.53%
Return on Assets: 1.54%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 0.40
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $50.59 billion
Price / Sales: 0.67
Cash Flow: $18.02 per share
Price / Cash Flow: 6.91
Book Value: $80.78 per share
Price / Book: 1.54

Miscellaneous

Outstanding Shares: 270,300,000
Free Float: 265,512,000
Market Cap: $33.66 billion
Optionable: Optionable
Beta: 0.71

Social Links

Key Executives

Mr. Thomas Joseph Wilson II (Age 64)
Chairman, Pres & CEO
Comp: $7.73M

Mr. Mario Rizzo (Age 55)
Pres of Property-Liability & Exec. VP
Comp: $2.25M

Mr. Glenn Thomas Shapiro (Age 56)
Pres of Property-Liability
Comp: $2.78M

Mr. Jesse Edward Merten B.B.A. (Age 47)
Chief Financial Officer

Mr. John Charles Pintozzi (Age 56)
Sr. VP, Controller & Chief Accounting Officer

Mark Nogal
Head of Investor Relations

Mr. Robert Alexander Toohey
Exec. VP & Chief Human Resource Officer

Mr. Samuel Henry Pilch (Age 75)
Sr. Group VP & Controller of Allstate Insurance Company

Ms. Julie Parsons (Age 49)
Chief Operating Officer of Property-Liability - Allstate Insurance Company

Mr. Steven Paul Sorenson (Age 57)
Exec. VP of Corp. Bus. Transformation

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ALL Stock - Frequently Asked Questions

Should I buy or sell Allstate stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last twelve months. There are currently 1 sell rating, 4 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" ALL shares.
View ALL analyst ratings or view top-rated stocks.
What is Allstate's stock price forecast for 2022?: 12 brokerages have issued 12 month price targets for Allstate's shares. Their ALL share price forecasts range from $110.00 to $188.00. On average, they predict the company's stock price to reach $142.00 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
View analysts price targets for ALL or view top-rated stocks among Wall Street analysts.
How have ALL shares performed in 2022?: Allstate's stock was trading at $117.65 at the beginning of the year. Since then, ALL stock has increased by 5.8% and is now trading at $124.53.
View the best growth stocks for 2022 here.
When is Allstate's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ALL earnings forecast.
How were Allstate's earnings last quarter?: The Allstate Co. (NYSE:ALL) released its quarterly earnings results on Wednesday, August, 3rd. The insurance provider reported ($0.76) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.26) by $0.50. The insurance provider had revenue of $12.95 billion for the quarter, compared to analysts' expectations of $12.16 billion. Allstate had a trailing twelve-month return on equity of 7.53% and a net margin of 1.99%. During the same period in the prior year, the company posted $3.79 earnings per share.
Read the conference call transcript.
How often does Allstate pay dividends? What is the dividend yield for Allstate?: Allstate announced a quarterly dividend on Tuesday, July 19th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.85 per share on Monday, October 3rd. This represents a $3.40 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Tuesday, August 30th.
Read our dividend analysis for ALL.
Is Allstate a good dividend stock?: Allstate (NYSE:ALL) pays an annual dividend of $3.40 per share and currently has a dividend yield of 2.70%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 118.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ALL will have a dividend payout ratio of 30.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALL.
How will Allstate's stock buyback program work?: Allstate announced that its Board of Directors has approved a share buyback program on Wednesday, August 4th 2021, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 13% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

What is Thomas J. Wilson II's approval rating as Allstate's CEO?: 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.
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), Cisco Systems (CSCO), Honeywell International (HON), Endologix (ELGX), Intel (INTC), Micron Technology (MU), AT&T (T), Johnson & Johnson (JNJ), CA (CA) and Verizon Communications (VZ).
What is Allstate's stock symbol?: Allstate trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALL."
How do I buy shares of Allstate?: 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.
Compare Top Brokerages Here.
What is Allstate's stock price today?: One share of ALL stock can currently be purchased for approximately $124.53.
How much money does Allstate make?: Allstate (NYSE:ALL) has a market capitalization of $33.66 billion and generates $50.59 billion in revenue each year. The insurance provider earns $1.60 billion in net income (profit) each year or $2.87 on an earnings per share basis.
How many employees does Allstate have?: The company employs 54,700 workers across the globe.
Does Allstate have any subsidiaries?: The following companies are subsidiares of Allstate: AIMCO Private Fund I Holding LLC, AIMCO Private Fund I LLC, AIMCO Private Fund II LLC, ALIC Reinsurance Company, ALINV Mosaic LLC, ANIHI Newco LLC, AP Real Estate LLC, AP Riverway Plaza LLC, AP Timber LLC, Allstate Assignment Company, Allstate Assurance Company, Allstate County Mutual Insurance Company, Allstate Digital Ventures LLC, Allstate Distributors L.L.C., Allstate Enterprises LLC, Allstate Exchange Services LLC, Allstate Finance Company Agency Loans LLC, Allstate Finance Company LLC, Allstate Financial Advisors LLC, Allstate Financial Corporation, Allstate Financial Insurance Holdings Corporation, Allstate Financial LLC, Allstate Financial Services LLC (1), Allstate Fire and Casualty Insurance Company, Allstate Global Holdings Limited, Allstate Indemnity Company, Allstate Insurance Company, Allstate Insurance Company of Canada, Allstate Insurance Holdings LLC, Allstate International Assignments Ltd., Allstate International Holdings Inc., Allstate Investment Management Company, Allstate Investments LLC, Allstate Life Insurance Company (2), Allstate Life Insurance Company of Canada, Allstate Life Insurance Company of New York, Allstate Motor Club Inc., Allstate New Jersey Insurance Company, Allstate New Jersey Property and Casualty Insurance Company, Allstate Non-Insurance Holdings Inc., Allstate North American Insurance Company, Allstate Northbrook Indemnity Company, Allstate Northern Ireland Limited, Allstate Property and Casualty Insurance Company, Allstate Settlement Corporation, Allstate Short Term Pool LLC, Allstate Solutions Private Limited, Allstate Texas Lloyd’s, Allstate Texas Lloyd’s Inc., Allstate Vehicle and Property Insurance Company, American Heritage Life Insurance Company, American Heritage Service Company, Answer Financial Inc., Answer Marketplace LLC, Arity 875 LLC, Arity International Limited, Arity LLC, Arity Services LLC, CE Care Plan Corp, Castle Key Indemnity Company, Castle Key Insurance Company, Complete Product Care Corp, Current Creek Investments LLC, E.R.J. Insurance Group Inc. (3), Encompass Floridian Indemnity Company, Encompass Floridian Insurance Company, Encompass Home and Auto Insurance Company, Encompass Indemnity Company, Encompass Independent Insurance Company, Encompass Insurance Company, Encompass Insurance Company of America, Encompass Insurance Company of Massachusetts, Encompass Insurance Company of New Jersey, Encompass Insurance Holdings LLC, Encompass Property and Casualty Company, Encompass Property and Casualty Insurance Company of New Jersey, Esurance Holdings Inc., Esurance Insurance Company, Esurance Insurance Company of Canada, Esurance Insurance Company of New Jersey, Esurance Insurance Services Company of Canada, Esurance Insurance Services Inc. (4), Esurance Property and Casualty Insurance Company, First Colonial Insurance Company, Identity Protection Strategic Solutions LLC, InfoArmor Aggra Inc., InfoArmor Inc., Insurance Answer Center LLC (5), Intramerica Life Insurance Company, Ivantage Insurance Brokers Inc., Ivantage Select Agency Inc., Kennett Capital Inc., NBInv AF1 LLC, NBInv AF2 LLC, NBInv AF3 LLC, NBInv AF4 LLC, NBInv AF5 LLC, NBInv AF6 LLC, NBInv AP1 LLC, NBInv AP2 LLC, NBInv AP3 LLC, NBInv AP4 LLC, NBInv AP5 LLC, NBInv AP6 LLC, NBInv AP7 LLC, NBInv AP8 LLC, NBInv APAF1 LLC, NBInv Riverside Cars1 LLC, NBInv Riverside Management LLC, North Light Specialty Insurance Company, Northeast Agencies Inc. (6), Pablo Creek Services Inc., Pafco Insurance Company, Pembridge Insurance Company, PlumChoice Business Services Inc., PlumChoice Inc., Protection Plan Group Inc., Right Answer Insurance Agency LLC, Road Bay Investments LLC, ST Product Care Corp, Signature Agency Inc., Signature Motor Club Inc., Signature Motor Club of California Inc., Signature Nationwide Auto Club of California Inc., Signature’s Nationwide Auto Club Inc., SquareTrade Australia Pty Ltd, SquareTrade Canada Inc., SquareTrade Europe Limited, SquareTrade Holding Company Inc., SquareTrade Inc. (7), SquareTrade Insurance Services Inc., SquareTrade Limited, SquareTrade Protection Solutions Inc., SquareTradeGo Inc., Tech-Cor LLC, and West Plaza RE Holdings LLC.
Read More
How can I contact Allstate?: 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.

This page (NYSE:ALL) was last updated on 10/2/2022 by MarketBeat.com Staff

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Allstate - ALL Stock Forecast, Price & News

Allstate MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows