Allstate
About: Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
Employees: 53,400
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 13 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more first-time investments, than exits
New positions opened: 182 | Existing positions closed: 96
45% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 16 (+5) [Q3]
13% more capital invested
Capital invested by funds: $33.5B [Q2] → $38B (+$4.46B) [Q3]
7% more funds holding
Funds holding: 1,316 [Q2] → 1,402 (+86) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 481 | Existing positions reduced: 478
3.71% less ownership
Funds ownership: 79.66% [Q2] → 75.96% (-3.71%) [Q3]
30% less call options, than puts
Call options by funds: $231M | Put options by funds: $329M
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$186
4%
downside
Avg. target
$220
14%
upside
High target
$267
38%
upside
13 analyst ratings
10 positive
77%
2 neutral
15%
1 negative
8%
Piper Sandler Paul Newsome 78% 1-year accuracy 35 / 45 met price target | 26%upside $244 | Overweight Maintained | 26 Nov 2024 |
Goldman Sachs Alex Scott 56% 1-year accuracy 32 / 57 met price target | 19%upside $230 | Buy Maintained | 15 Nov 2024 |
Jefferies Yaron Kinar 50% 1-year accuracy 8 / 16 met price target | 38%upside $267 | Buy Maintained | 8 Nov 2024 |
Morgan Stanley Bob Huang 53% 1-year accuracy 8 / 15 met price target | 18%upside $228 | Overweight Maintained | 7 Nov 2024 |
Keefe, Bruyette & Woods Meyer Shields 61% 1-year accuracy 54 / 88 met price target | 16%upside $225 | Outperform Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 25 articles about ALL published over the past 30 days
Positive
Zacks Investment Research
17 hours ago
3 Insurers Set to Continue Their Winning Streak in 2025
Insurers are expected to benefit from prudent underwriting, increased automation and expansion of offerings in 2025.
Neutral
Zacks Investment Research
19 hours ago
ALL vs. KNSL: Which Stock Is the Better Value Option?
Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Allstate (ALL) or Kinsale Capital Group, Inc. (KNSL). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
1 day ago
5 Low-Beta High-Yielding Stocks to Buy Amid Fed-Induced Volatility
We have narrowed our search to five low-beta stocks with a solid dividend yield. These are: TSN, INGR, ALL, LDOS, GBCI.
Positive
Zacks Investment Research
2 days ago
4 Insurance Stocks to Secure Your Investments in the New Year
Driven by their strength, insurers like ALL, UNM, KINS and KMPR have not only crushed the market this year but are expected to retain the bull run next year too.
Positive
Zacks Investment Research
2 days ago
Best Income Stocks to Buy for December 18th
BBAR, TPR and ALL made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 18, 2024.
Positive
Zacks Investment Research
3 days ago
New Strong Buy Stocks for December 18th
LTM, OMCL, DXPE, ALL and CRS have been added to the Zacks Rank #1 (Strong Buy) List on December 18, 2024.
Negative
Zacks Investment Research
4 days ago
Allstate (ALL) Stock Slides as Market Rises: Facts to Know Before You Trade
Allstate (ALL) reachead $195.02 at the closing of the latest trading day, reflecting a -0.63% change compared to its last close.
Neutral
Zacks Investment Research
4 days ago
Wall Street Analysts See Allstate (ALL) as a Buy: Should You Invest?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Neutral
Business Wire
1 week ago
Nick Dawkins Named 2024 Allstate Wuerffel Trophy Recipient and Allstate AFCA Good Works Team Captain
NORTHBROOK, Ill.--(BUSINESS WIRE)--Nick Dawkins, a three-time Academic All-Big Ten honoree and Penn State's 2023 Public Service Award winner who founded the Dawkins Family Foundation to champion academic and athletic excellence for young students, is this year's Allstate Wuerffel Trophy recipient and Allstate AFCA Good Works Team Captain. Dawkins started the Dawkins Family Foundation in 2022 to provide educational and enrichment opportunities for youth. The foundation presents three scholarship.
Positive
Seeking Alpha
1 week ago
Allstate: The Bull Case Remains Intact Despite Recent Rally
Shares of The Allstate Corporation (ALL) have delivered a 52% total return since my Buy recommendation on December 2, 2023. The stock's rise has been driven by strong business results, increased forward earnings estimates, and multiple expansion. Despite the significant rally, ALL shares remain attractively valued vs the broader market and peers.
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