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.
infoThe Allstate is a large cap stock with a total market cap of 27.76B.
infoThey trade on the NYSE and had their IPO 30 years and 2 months ago.
infoThe Allstate currently employs 54000 people.
infoAs of Wednesday, Aug 23 2023, The Allstate’s share price is $105.62.
News Relating to The Allstate
InvestorPlace
Climate Calamities: Why These 3 Insurance Stocks Are Risky Bets Now
Wednesday Aug 23 2023 at 12:35
Including insurance stocks in an investment portfolio can be advantageous. The insurance industry offers enduring potential returns in various economic climates.
InvestorPlace
7 Very Oversold S&P 500 Stocks to Buy Right Now
Tuesday Aug 22 2023 at 06:05
The stock market, much like the ebb and flow of tides, has its moments of highs and lows. In the vast ocean of S&P 500 stocks, there are some that currently find themselves in an oversold territory.
Zacks Investment Research
How Are Rate Hikes Aiding Allstate (ALL) to Combat Inflation?
Thursday Aug 17 2023 at 14:02
Allstate (ALL) reports estimated catastrophe losses of $247 million after taxes in July.
Market Watch
These 20 dividend stocks have been the best income growers in the S&P 500
Tuesday Aug 15 2023 at 10:10
In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies’ cash flow, a reader suggested that it would have been useful to look at the stocks’ performance as well. After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy.
Zacks Investment Research
Allstate (ALL) Q2 Loss Wider Than Expected on High Cat Losses
Wednesday Aug 02 2023 at 13:27
Allstate’s (ALL) Q2 results took a hit from feeble underwriting results and elevated claim expenses, partly offset by revenue growth in the Protection Services unit.
Zacks Investment Research
Allstate (ALL) to Report Q2 Earnings: Here’s What to Expect
Thursday Jul 27 2023 at 13:57
Allstate’s (ALL) second-quarter results are likely to reflect higher loss costs as the company struggles with inflation.
Seeking Alpha
Allstate: ALL Is Not Lost
Tuesday Jul 25 2023 at 03:43
Allstate has had a terrible relative and absolute performance lately. Problems stem from poor pricing of auto insurance policies relative to their underwriting costs. The company is fixing that and we might be approaching a secular buy point.
Market Watch
Allstate stock surges toward biggest gain in more than three years
Thursday Jul 20 2023 at 14:54
Shares of Allstate Corp. ALL, +4.75% rallied 4.5% in afternoon trading Thursday toward a fourth-straight gain, after the insurance company disclosed premium increases as it looked to “improve profitability.” The stock’s rally puts it on track for the biggest one day gain since it climbed 5.0% on April 17, 2020.
InvestorPlace
Welcome to Disinflation! 3 Top Stock Picks for Slowing Inflation.
Tuesday Jul 11 2023 at 21:18
Inflation-resistant stocks naturally dominated the equities research landscape as a robust labor market continued to confound the Federal Reserve. However, we may have reached a point where the central bank has had enough.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of June 25
Sunday Jun 25 2023 at 10:28
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Zacks Investment Research
AXS or ALL: Which Is the Better Value Stock Right Now?
Wednesday Jun 21 2023 at 13:19
Investors looking for stocks in the Insurance – Property and Casualty sector might want to consider either Axis Capital (AXS) or Allstate (ALL). But which of these two stocks offers value investors a better bang for their buck right now?
Zacks Investment Research
Allstate (ALL) Continues Auto Rate Hikes to Combat Inflation
Friday Jun 16 2023 at 11:35
Allstate (ALL) reports estimated catastrophe losses of $699 million after taxes in May.
InvestorPlace
The 7 Best Stocks to Buy in June for the Looming Recession
Wednesday Jun 07 2023 at 19:50
Although recent data points suggest that investors should anticipate a robust bull market ahead, a potentially upcoming plot twist might favor the best stocks for looming recession. At first, such a notion seems ridiculous primarily because of the most recent May jobs report.
CNBC Television
KBW: Allstate is near an inflection point for profit margins and will benefit this year
Tuesday Jun 06 2023 at 06:50
KBW’s Meyer Shields discusses the headwinds for insurance stocks.
Seeking Alpha
Allstate: New 7.375% Preferred Shares
Monday Jun 05 2023 at 17:30
Allstate issued new 7.375% preferred shares, which started trading under the symbol, ALL.PJ. We examine the yield in relation to other similar rated instruments and also to other Allstate preferred shares. We give our buy under price for the ALL.PJ shares.
Zacks Investment Research
AXS vs. ALL: Which Stock Is the Better Value Option?
Monday Jun 05 2023 at 12:41
Investors interested in stocks from the Insurance – Property and Casualty sector have probably already heard of Axis Capital (AXS) and Allstate (ALL). But which of these two stocks is more attractive to value investors?
Seeking Alpha
One Single New Preferred Stock IPO This Month
Thursday Jun 01 2023 at 14:47
Tightening financial conditions have led to a significant decrease in preferred stock and ETD offering activity, with only one new preferred stock offered in May. Allstate issued non-cumulative perpetual preferred shares with a fixed 7.375% dividend rate, while Gladstone Investment Corporation offered $65 million worth of 8% senior notes due 2028. CDx3 preferred stocks ranked 10 out of 10 are selling at an average discount to par of about 7.4% and offer an average current yield of 6.37%.
Zacks Investment Research
Why Prudent Investors are Retaining Allstate (ALL) Stock Now
Wednesday May 31 2023 at 11:45
Allstate’s (ALL) expanding Protection Services segment is likely to drive its business growth.
The Motley Fool
2 Ultra-Safe Dividend Stocks to Load Up On Right Now
Wednesday May 31 2023 at 06:45
Blue chip dividend stocks tend to produce market-beating returns over long periods of time. Several top-shelf dividend stocks have yet to recover from the 2022 bear market.
InvestorPlace
3 Blue-Chip Stocks to Buy for a Healthy and Wealthy Portfolio
Thursday May 25 2023 at 13:15
While the concept of heavily bidding up blue-chip stocks for a healthy portfolio isn’t exactly the most exciting proposition, under the present circumstances, it could be the most sensible. Fundamentally, with Democrats and Republicans at loggerheads over the debt ceiling crisis, anything can happen.
Zacks Investment Research
A Look at Insurance ETFs Post a Mixed Bag Q1
Wednesday May 17 2023 at 12:47
With the Fed slowing down the pace of rate hike and expectations of a pause in further hikes coupled with mixed results of the leading players in the industry, insurance ETFs struggled to find a footing over the last month.
GuruFocus
Diamond Hill Capital Buys Allstate, Lear
Friday May 12 2023 at 14:48
Earlier this week, investment firm Diamond Hill Capital (Trades, Portfolio) disclosed its equity portfolio for the first quarter, which ended March 31.
Zacks Investment Research
Allstate (ALL) Q1 Loss Narrower Than Expected, Revenues Rise
Thursday May 04 2023 at 14:26
Allstate’s (ALL) Q1 results grapple with softer underwriting results, and lower profits from the Protection Services and, Health and Benefits segments, partly offset by higher P&C insurance premiums.
Seeking Alpha
The Allstate Corporation (ALL) Q1 2023 Earnings Call Transcript
Thursday May 04 2023 at 14:04
The Allstate Corporation (NYSE:ALL ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Mark Nogal – Head of IR Tom Wilson – Chairman, President and CEO Mario Rizzo – President, Property-Liability Jess Merten – EVP and CFO John Dugenske – President, Investments Conference Call Participants Gregory Peters – Raymond James Paul Newsome – Piper Sandler Elyse Greenspan – Wells Fargo Yaron Kinar – Jefferies Andrew Kligerman – Credit Suisse Josh Shanker – Bank of America Brian Meredith – UBS Operator Thank you for standing by, and welcome to Allstate’s First Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, today’s program is being recorded.
Zacks Investment Research
Allstate (ALL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Wednesday May 03 2023 at 20:32
Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Zacks Investment Research
Factors Likely to Set the Tone for Allstate’s (ALL) Q1 Earnings
Monday May 01 2023 at 14:28
Allstate’s (ALL) Q1 results are likely to have been dampened by escalating catastrophe losses, partly offset by the growing Property-Liability segment’s premiums and Protection Plans revenues.
Zacks Investment Research
Here’s Why Investors Should Hold Allstate (ALL) Stock Now
Wednesday Apr 12 2023 at 13:42
Allstate (ALL) remains well-poised for growth on the back of a growing revenue base, the buyout of National General and solid operating cash flows.
InvestorPlace
7 Safe Stocks to Buy as Customer Bank Withdrawals Grow
Monday Apr 10 2023 at 21:45
With fears rising regarding a hard landing for the economy, investors may want to consider safe stocks to buy. Specifically, during the week ending March 22, Yahoo Finance reported that depositors drained $126 billion from U.S. banks.
Seeking Alpha
Allstate 8% Yielding Debentures: Higher For Longer Vs. A Fed Pivot
Sunday Apr 02 2023 at 06:00
Allstate subordinated debentures started paying a floating interest rate. The 8% yield looks juicy and comes with a high credit rating.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of March 26
Saturday Mar 25 2023 at 10:44
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
The Allstate Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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The Allstate’s Altman Z-score is 4.24 which is in the safe zone. This indicates the company is financially stable and less likely to experience financial distress or bankruptcy.
Derived from SEC.GOV filing dataopen_in_new
The Allstate Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $174.06K of common stock in The Allstate on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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The Allstate’s Income Quality of -1.8 is lower than its Industry Group of 1.43 (-225.9% lower)
The Allstate’s Income Quality of -1.8 is lower than its Major Industry Group of 1.32 (-236.4% lower)
The Allstate’s Income Quality of -1.8 is lower than its Sector of 0.58 (-410.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-10.44 & 8.93)
Cannot compare a negative PE Ratio (-10.44 & 7.67)
Cannot compare a negative PE Ratio (-10.44 & 7.86)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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The Allstate’s PB Ratio of 0.3 is lower than its Industry Group of 0.75 (-60.0% lower)
The Allstate’s PB Ratio of 0.3 is lower than its Major Industry Group of 0.63 (-52.4% lower)
The Allstate’s PB Ratio of 0.3 is lower than its Sector of 0.72 (-58.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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The Allstate’s ROE of -0.03 is lower than its Industry Group of 0.04 (-175.0% lower)
The Allstate’s ROE of -0.03 is lower than its Major Industry Group of 0.02 (-250.0% lower)
The Allstate’s ROE of -0.03 is lower than its Sector of 0.04 (-175.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
The Allstate’s ROCE of -0.02 is lower than its Industry Group of 0.02 (-200.0% lower)
The Allstate’s ROCE of -0.02 is lower than its Major Industry Group of 0.01 (-300.0% lower)
The Allstate’s ROCE of -0.02 is lower than its Sector of 0.02 (-200.0% lower)
Derived from SEC.GOV filing dataopen_in_new