NYSE:ALLE - Allegion Stock Price, Forecast & News

Allegion trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLE."

Allegion declared a quarterly dividend on Monday, December 9th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.27 per share on Monday, December 30th. This represents a $1.08 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Monday, December 16th. View Allegion's Dividend History.

Allegion PLC (NYSE:ALLE) issued its quarterly earnings results on Thursday, October, 24th. The scientific and technical instruments company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.33 by $0.14. The scientific and technical instruments company had revenue of $748.30 million for the quarter, compared to the consensus estimate of $737.64 million. Allegion had a return on equity of 69.28% and a net margin of 16.00%. The company's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.23 earnings per share. View Allegion's Earnings History.

Allegion is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Allegion.

Allegion issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $4.85-4.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.83. The company issued revenue guidance of +4.5-5.5% yr/yr to ~$2.85-2.89 billion, compared to the consensus revenue estimate of $2.86 billion.

7 equities research analysts have issued 1-year price targets for Allegion's stock. Their forecasts range from $92.00 to $132.00. On average, they anticipate Allegion's stock price to reach $117.57 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for Allegion.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegion.

News coverage about ALLE stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegion earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave news stories about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Allegion.

Allegion saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 4,460,000 shares, a decline of 14.2% from the September 30th total of 5,200,000 shares. Based on an average trading volume of 693,200 shares, the days-to-cover ratio is presently 6.4 days. Approximately 4.8% of the company's shares are short sold. View Allegion's Current Options Chain.

Some companies that are related to Allegion include MURATA MFG CO L/ADR (MRAAY), FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), Roper Technologies (ROP), Johnson Controls International (JCI), Ingersoll-Rand (IR), Mitsui & Co Ltd (MITSY), Cintas (CTAS), Parker-Hannifin (PH), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Rockwell Automation (ROK), Komatsu (KMTUY) and Ball (BLL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegion investors own include AbbVie (ABBV), General Electric (GE), Walmart (WMT), Citigroup (C), Nucor (NUE), UnitedHealth Group (UNH), NVIDIA (NVDA), Pfizer (PFE), Cisco Systems (CSCO) and FLIR Systems (FLIR).

Allegion's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.53%), Pictet Asset Management Ltd. (1.73%), Generation Investment Management LLP (1.58%), Robeco Institutional Asset Management B.V. (0.83%), Intermede Investment Partners Ltd (0.75%) and Millennium Management LLC (0.72%). Company insiders that own Allegion stock include Chris E Muhlenkamp, Douglas P Ranck, Jeffrey M Wood, Jeffrey N Braun, Patrick S Shannon, Timothy P Eckersley and Tracy L Kemp. View Institutional Ownership Trends for Allegion.

ALLE stock was sold by a variety of institutional investors in the last quarter, including Generation Investment Management LLP, Pictet Asset Management Ltd., Handelsbanken Fonder AB, Envestnet Asset Management Inc., Vaughan Nelson Investment Management L.P., Dupont Capital Management Corp, Handelsinvest Investeringsforvaltning and SG Americas Securities LLC. Company insiders that have sold Allegion company stock in the last year include Chris E Muhlenkamp, Douglas P Ranck, Jeffrey M Wood, Jeffrey N Braun, Patrick S Shannon, Timothy P Eckersley and Tracy L Kemp. View Insider Buying and Selling for Allegion.

ALLE stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Teacher Retirement System of Texas, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Tibra Equities Europe Ltd, Ardevora Asset Management LLP, California Public Employees Retirement System and Voloridge Investment Management LLC. View Insider Buying and Selling for Allegion.

Shares of ALLE 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 ALLE stock can currently be purchased for approximately $123.01.

Allegion has a market capitalization of $11.43 billion and generates $2.73 billion in revenue each year. The scientific and technical instruments company earns $434.90 million in net income (profit) each year or $4.50 on an earnings per share basis. Allegion employs 11,000 workers across the globe.View Additional Information About Allegion.

The official website for Allegion is http://www.allegion.com/.

Allegion's mailing address is BLOCK D IVEAGH COURT HARCOURT ROAD, DUBLIN L2, 46032. The scientific and technical instruments company can be reached via phone at 353-1254-6200 or via email at [email protected]