NYSE:ALLEAllegion Stock Price, Forecast & News

Allegion's stock was trading at $114.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ALLE stock has decreased by 9.2% and is now trading at $104.24. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Allegion.

Allegion is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Allegion.

Allegion will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Allegion PLC (NYSE:ALLE) announced its quarterly earnings results on Thursday, April, 23rd. The scientific and technical instruments company reported $1.04 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.89 by $0.15. The scientific and technical instruments company had revenue of $674.70 million for the quarter, compared to analyst estimates of $653.92 million. Allegion had a net margin of 11.20% and a return on equity of 69.68%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 EPS. View Allegion's earnings history.

Allegion announced a quarterly dividend on Wednesday, April 8th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.32 per share on Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Monday, June 15th. View Allegion's dividend history.

Allegion declared that its Board of Directors has approved a stock repurchase program on Thursday, February 6th 2020, which permits the company to buyback $800,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

8 brokerages have issued 12-month price targets for Allegion's stock. Their forecasts range from $85.00 to $140.00. On average, they expect Allegion's share price to reach $103.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View analysts' price targets for Allegion.

News coverage about ALLE stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegion earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Allegion.

Some companies that are related to Allegion include KONE OYJ/ADR (KNYJY), Emerson Electric (EMR), FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), Cintas (CTAS), Mitsui & Co Ltd (MITSY), Johnson Controls International (JCI), SANDVIK AB/ADR (SDVKY), Rockwell Automation (ROK), Ball (BLL), Parker-Hannifin (PH), ASSA ABLOY AB/S (ASAZY), Stanley Black & Decker (SWK), Komatsu (KMTUY) and Ferguson (FERGY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegion investors own include AbbVie (ABBV), General Electric (GE), Pfizer (PFE), Walmart (WMT), Abbott Laboratories (ABT), AT&T (T), Citigroup (C), Nucor (NUE), UnitedHealth Group (UNH) and Walt Disney (DIS).

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

Allegion's stock is owned by many different retail and institutional investors. Top institutional shareholders include James Hambro & Partners (0.16%), Vigilant Capital Management LLC (0.15%), Envestnet Asset Management Inc. (0.12%), Northwest Investment Counselors LLC (0.01%), Wesbanco Bank Inc. (0.01%) and MorganRosel Wealth Management LLC (0.01%). Company insiders that own Allegion stock include Chris E Muhlenkamp, David D Petratis, 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 Northwest Investment Counselors LLC, MorganRosel Wealth Management LLC, CENTRAL TRUST Co, Park National Corp OH, and Wesbanco Bank Inc.. Company insiders that have sold Allegion company stock in the last year include David D Petratis, Douglas P Ranck, Patrick S Shannon, Timothy P Eckersley, and Tracy L Kemp. View insider buying and selling activity for Allegion.

ALLE stock was bought by a variety of institutional investors in the last quarter, including James Hambro & Partners, Envestnet Asset Management Inc., Canandaigua National Corp, Vigilant Capital Management LLC, TRUE Private Wealth Advisors, and Ellevest Inc.. View insider buying and selling activity 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 $104.24.

Allegion has a market capitalization of $9.61 billion and generates $2.85 billion in revenue each year. The scientific and technical instruments company earns $401.80 million in net income (profit) each year or $4.89 on an earnings per share basis. Allegion employs 11,000 workers across the globe.

The official website for Allegion is 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]