AllstateALL
ALL
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 6,823 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
141% more first-time investments, than exits
New positions opened: 183 | Existing positions closed: 76
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: $33.6B [Q2] → $38.1B (+$4.49B) [Q3]
7% more funds holding
Funds holding: 1,316 [Q2] → 1,403 (+87) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 481 | Existing positions reduced: 478
3.67% less ownership
Funds ownership: 79.85% [Q2] → 76.18% (-3.67%) [Q3]
30% less call options, than puts
Call options by funds: $231M | Put options by funds: $329M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$183
3%
downside
Avg. target
$226
20%
upside
High target
$267
41%
upside
8 analyst ratings
6 positive
75%
1 neutral
13%
1 negative
13%
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 1%downside $187 | Equal-Weight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target | 29%upside $243 | Outperform Maintained | 10 Jan 2025 |
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 3%downside $183 | Underweight Maintained | 6 Jan 2025 |
Piper Sandler Paul Newsome 79% 1-year accuracy 37 / 47 met price target | 29%upside $244 | Overweight Maintained | 26 Nov 2024 |
Goldman Sachs Alex Scott 56% 1-year accuracy 38 / 68 met price target | 22%upside $230 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 27 articles about ALL published over the past 30 days
Positive
Seeking Alpha
2 days ago
Our Top 10 High-Growth Dividend Stocks -- January 2025
This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.
Negative
Benzinga
3 days ago
Allstate, Chubb, Progressive Face Significant Losses From Wildfires, Weather Events Say Analysts Ahead Of Q4 Reports
As the earnings season gets underway, analysts from BofA Securities released a preview on Friday of what to expect from major insurers' fourth-quarter reports.
Positive
Zacks Investment Research
3 days ago
Why Allstate (ALL) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Negative
Seeking Alpha
4 days ago
Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising prices, being more selective in underwriting, or exiting high-risk markets like California due to severe losses and regulatory constraints. The recent LA wildfires are expected to be the costliest in U.S. history, significantly impacting insurers, especially Mercury General, due to its high concentration in California.
Positive
Zacks Investment Research
5 days ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Negative
Barrons
5 days ago
Allstate Stock Slides. Why It Isn't Just the L.A.
The company took steps to reduce its risk to wildfire-prone California, but that's not the only issue facing investors.
Positive
Barrons
6 days ago
Allstate Stock Rises. Why the L.A. Wildfire Uncertainty Is About to Get Worse.
The insurer's shares rose on Monday, having dropped at the end of last week.
Positive
Market Watch
6 days ago
These two-dozen value stocks are poised to lead the stock market
Investors are realizing that they no longer can count on lower interest rates and inflation to support higher stock and bond prices.
Negative
NYTimes
6 days ago
Texas Sues Allstate Over Its Collection of Driver Data
The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps, leading to increases in drivers' insurance rates.
Negative
Reuters
1 week ago
Texas sues Allstate over data collection from cellphones
Allstate has been sued by the state of Texas, which accused the insurer of unlawfully collecting consumers' driving data and then using the data to justify raising insurance rates.
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