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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:ALLE

Allegion (ALLE) Stock Forecast, Price & News

$104.72
-2.36 (-2.20%)
(As of 05/31/2023 ET)
Compare
Today's Range
$103.90
$107.28
50-Day Range
$99.19
$111.44
52-Week Range
$87.33
$123.46
Volume
1.53 million shs
Average Volume
774,717 shs
Market Capitalization
$9.21 billion
P/E Ratio
18.94
Dividend Yield
1.72%
Price Target
$120.22

Allegion MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
14.8% Upside
$120.22 Price Target
Short Interest
Healthy
2.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.59mentions of Allegion in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$251,355 Sold Last Quarter
Proj. Earnings Growth
5.14%
From $6.62 to $6.96 Per Share

Overall MarketRank

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

2.57 out of 5 stars

Industrial Products Sector

43rd out of 178 stocks

Detective & Armored Car Services Industry

1st out of 3 stocks


ALLE stock logo

About Allegion (NYSE:ALLE) Stock

Allegion Plc engages in the provision of security products and solutions that keep people safe, secure, and productive. It operates through the Allegion Americas and Allegion International segments. Its brands include CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin. The company was founded on May 9, 2013 and is headquartered in Dublin, Ireland.

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ALLE Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Allegion Insider Ups Holding During Year
Allegion Insider Ups Holding During Year \
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Allegion (NYSE:ALLE) Now Covered by StockNews.com
Allegion Releases 2022 Annual Report, ESG Metrics
Allegion: Expecting Growth In A Weak Economy
Allegion (NYSE:ALLE) PT Lowered to $126.00
See More Headlines
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ALLE Company Calendar

Ex-Dividend for 3/31 Dividend
3/14/2023
Dividend Payable
3/31/2023
Last Earnings
4/26/2023
Today
6/01/2023
Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Detective & armored car services
Sub-Industry
N/A
Fax
N/A
Employees
12,300
Year Founded
2013

Price Target and Rating

Average Stock Price Forecast
$120.22
High Stock Price Forecast
$128.00
Low Stock Price Forecast
$110.00
Forecasted Upside/Downside
+14.8%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$458 million
Pretax Margin
15.98%

Debt

Sales & Book Value

Annual Sales
$3.27 billion
Cash Flow
$6.68 per share
Book Value
$11.88 per share

Miscellaneous

Free Float
87,252,000
Market Cap
$9.21 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • John H. Stone
    President, Chief Executive Officer & Director
  • Michael J. Wagnes
    Chief Financial Officer & Senior Vice President
  • Tracy L. KempTracy L. Kemp
    Senior VP, Chief Information & Digital Officer
  • Vincent M. Wenos
    Chief Technology Officer & Senior Vice President
  • Jeffrey N. BraunJeffrey N. Braun
    Senior Vice President & General Counsel













ALLE Stock - Frequently Asked Questions

Should I buy or sell Allegion stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLE, but not buy additional shares or sell existing shares.
View ALLE analyst ratings
or view top-rated stocks.

What is Allegion's stock price forecast for 2023?

9 brokers have issued twelve-month target prices for Allegion's stock. Their ALLE share price forecasts range from $110.00 to $128.00. On average, they predict the company's share price to reach $120.22 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
View analysts price targets for ALLE
or view top-rated stocks among Wall Street analysts.

How have ALLE shares performed in 2023?

Allegion's stock was trading at $105.26 at the beginning of the year. Since then, ALLE shares have decreased by 0.5% and is now trading at $104.74.
View the best growth stocks for 2023 here
.

Are investors shorting Allegion?

Allegion saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,600,000 shares, an increase of 41.3% from the April 15th total of 1,840,000 shares. Based on an average daily trading volume, of 883,300 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.0% of the company's stock are sold short.
View Allegion's Short Interest
.

When is Allegion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ALLE earnings forecast
.

How were Allegion's earnings last quarter?

Allegion plc (NYSE:ALLE) posted its quarterly earnings results on Wednesday, April, 26th. The scientific and technical instruments company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.35 by $0.23. The scientific and technical instruments company had revenue of $923 million for the quarter, compared to the consensus estimate of $846.29 million. Allegion had a net margin of 14.07% and a trailing twelve-month return on equity of 61.34%. The company's quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.07 earnings per share.
Read the conference call transcript
.

How often does Allegion pay dividends? What is the dividend yield for Allegion?

Allegion declared a quarterly dividend on Thursday, April 13th. Investors of record on Thursday, June 15th will be paid a dividend of $0.45 per share on Friday, June 30th. This represents a $1.80 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for ALLE
.

Is Allegion a good dividend stock?

Allegion (NYSE:ALLE) pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLE will have a dividend payout ratio of 25.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLE.

What guidance has Allegion issued on next quarter's earnings?

Allegion issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $6.55-$6.75 for the period, compared to the consensus EPS estimate of $6.41. The company issued revenue guidance of $3.65 billion-$3.71 billion, compared to the consensus revenue estimate of $3.59 billion.

What is David (Dave) D. Petratis' approval rating as Allegion's CEO?

141 employees have rated Allegion Chief Executive Officer David (Dave) D. Petratis on Glassdoor.com. David (Dave) D. Petratis has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Allegion own?

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

What is Allegion's stock symbol?

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

Who are Allegion's major shareholders?

Allegion's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.81%), Boston Partners (4.58%), State Street Corp (4.20%), Kayne Anderson Rudnick Investment Management LLC (3.43%), Pictet Asset Management SA (3.28%) and AKO Capital LLP (2.63%). Insiders that own company stock include David D Petratis, David D Petratis, Douglas P Ranck, Jeffrey N Braun, John H Stone, Patrick S Shannon, Robert C Martens, Shelley A Meador, Timothy P Eckersley, Timothy P Eckersley and Tracy L Kemp.
View institutional ownership trends
.

How do I buy shares of Allegion?

Shares of ALLE 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 Allegion's stock price today?

One share of ALLE stock can currently be purchased for approximately $104.74.

How much money does Allegion make?

Allegion (NYSE:ALLE) has a market capitalization of $9.21 billion and generates $3.27 billion in revenue each year. The scientific and technical instruments company earns $458 million in net income (profit) each year or $5.53 on an earnings per share basis.

How many employees does Allegion have?

The company employs 12,300 workers across the globe.

Does Allegion have any subsidiaries?
The following companies are subsidiares of Allegion: AD Solutions Inc., ALLGain Pty Ltd, API Services and Solutions Pty Limited, AXA Stenman Deutschland GmbH, AXA Stenman France S.A.S., AXA Stenman Holding B.V., AXA Stenman Industries B.V., AXA Stenman Nederland B.V, AXA Stenman Poland Sp Z.O.O, Ad Systems Inc, Allegion (Australia) Pty Ltd., Allegion (Gibraltar) Holding Limited, Allegion (Hong Kong) Limited, Allegion (Ireland) Finance Designated Activity Company, Allegion (Malaysia) SDN. BHD., Allegion (New Zealand) Limited, Allegion (Southeast Asia) Pte. Ltd., Allegion (Thailand) Limited, Allegion (UK) Limited, Allegion B.V., Allegion Canada Inc., Allegion Deutsche Holding GmbH, Allegion EMEA BVBA, Allegion Emniyet Ve Güvenlik Sistemleri Sanayi Anonim ªirketi, Allegion Fu Hsing Limited, Allegion German Financing GmbH & Co. KG, Allegion German Holding I GmbH, Allegion German Holding II GmbH, Allegion Gulf Trading LLC, Allegion Immobilien GmbH, Allegion India Private Limited, Allegion International AG, Allegion Investments (Switzerland) AG, Allegion Investments (UK) Limited, Allegion Investments Holding LLC, Allegion Irish Holding Company II Ltd, Allegion Irish Holding Company Limited, Allegion Korea Ltd., Allegion LLC, Allegion Lux Financing III S.á.r.l, Allegion Luxembourg Holding II SCS, Allegion Luxembourg Holding III S.á.r.l, Allegion Luxembourg Holding and Financing S.à r.l., Allegion Management (DIFC) Limited, Allegion NV, Allegion Panama S. de R.L., Allegion S&S Lock Holding Company Inc., Allegion S.A., Allegion Security Technologies (CHINA) Co. LTD., Allegion US Holding Company Inc., Allegion Ventures LLC, Allegion de Mexico S. de R.L. de C.V., Aurora Systems Inc., BASTA Group A/S Denmark, Bricard S.A.S, Brio Industries, Cisa Cerraduras S.A., Cisa S.p.A., Dor-O-Matic (Illinois) LLC, Dor-O-Matic of Mid Atlantic States Inc., Electronic Technologies Corporation USA, Fire and Security Hardware Pty Limited, Gainsborough Hardware Industries Limited, Gainsborough Hardware and API Locksmiths, Hammond Enterprises Inc, Harrow Industries LLC, Harrow Products (Delaware) LLC, Harrow Products LLC, Interflex Datensysteme GesmbH, Interflex Datensysteme GmbH, Isonas, Isonas Inc., Milre Systek Co. Ltd, NT Group Properties Limited, NT Leamington Limited, Newman Tonks (Overseas Holdings) Limited, Normbau France S.A.S., Normbau GmbH, Overtur Architectural Services LLC, Pin & Tumbler Studio LLC, QMI Building Metal Products Manufacturing LLC, Qatar Metal Const. Ind. LLC, Qatar Metal Industries, Recognition Systems LLC, Republic Doors & Frames, Republic Doors and Frames LLC, S&S Lock Indemnity (Barbados) Limited, S&S Lock Insurance (Arizona) Company, Schlage De Mexico S.A. DE C.V., Schlage Lock Company LLC, SimonsVoss Technologies, SimonsVoss Technologies AB, SimonsVoss Technologies BV, SimonsVoss Technologies FZE, SimonsVoss Technologies GmbH, SimonsVoss Technologies Limited, SimonsVoss Technologies SAS, TGP Canada Enterprises ULC, TGP International Inc., Technical Glass Products, Technical Glass Products DMCC, Technical Glass Products Inc., Trelock, Trelock Asia Pacific Limited, Trelock GmbH, Trelock Production GmbH, Yonomi, and Zero Seal Systems Limited.
Read More
How can I contact Allegion?

Allegion's mailing address is BLOCK D IVEAGH COURT HARCOURT ROAD, DUBLIN L2, 46032. The official website for the company is www.allegion.com. The scientific and technical instruments company can be reached via phone at (531) 254-6200 or via email at michael.wagnes@allegion.com.

This page (NYSE:ALLE) was last updated on 6/1/2023 by MarketBeat.com Staff

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