The Allstate Stock Today

ALL Stock  USD 173.01  3.17  1.87%   

Performance

27 of 100

 
Low
 
High
Strong

Odds Of Distress

Less than 12

 
100  
 
Zero
Low
Allstate is selling for 173.01 as of the 28th of March 2024. This is a 1.87% increase since the beginning of the trading day. The stock's lowest day price was 171.1. Allstate has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for The Allstate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
2nd of June 1993
Category
Financial Services
Classification
Financials
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Allstate Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. The company has 263.07 M outstanding shares of which 4.29 M shares are presently shorted by investors with about 2.1 days to cover. More on The Allstate

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Allstate Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Allstate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allstate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Allstate's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Allstate's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanDon Civgin
Thematic Ideas
(View all Themes)
Business ConcentrationProperty & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, Power Assets, FinTech, Insurance, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Allstate report their recommendations after researching Allstate's financial statements, talking to executives and customers, or listening in on Allstate's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Allstate. The Allstate consensus assessment is calculated by taking the average forecast from all of the analysts covering Allstate.
Financial Strength
Based on the measurements of operating efficiency obtained from Allstate's historical financial statements, The Allstate is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. Financial strength of Allstate is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.5524
Sufficiently Up
Slightly volatile
Gross Profit Margin0.990.875
Moderately Up
Pretty Stable
Net DebtB7.2 B
Way Down
Slightly volatile
Total Current Liabilities66 B42 B
Way Up
Slightly volatile
Non Current Liabilities Total8.2 B7.9 B
Sufficiently Up
Slightly volatile
Total Assets122.9 B103.4 B
Fairly Up
Pretty Stable
Total Current Assets10.2 B10.8 B
Notably Down
Slightly volatile
Total Cash From Operating Activities4.2 B4.2 B
Fairly Down
Slightly volatile
Allstate's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Allstate's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Allstate's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Allstate's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Allstate's financial leverage. It provides some insight into what part of Allstate's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Allstate's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Allstate deploys its capital and how much of that capital is borrowed.
Liquidity
Allstate cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allstate until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate's use of debt, we should always consider it together with cash and equity.

Depreciation

739.2 Million
The Allstate (ALL) is traded on New York Stock Exchange in USA. It is located in 3100 Sanders Road, Northbrook, IL, United States, 60062 and employs 53,000 people. Allstate is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 45.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allstate's market, we take the total number of its shares issued and multiply it by Allstate's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Allstate runs under Insurance sector within Financials industry. The entity has 263.07 M outstanding shares of which 4.29 M shares are presently shorted by investors with about 2.1 days to cover. The Allstate has about 4.83 B in cash with 4.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.21.
Check Allstate Probability Of Bankruptcy
Ownership Allocation
Allstate retains a total of 263.07 Million outstanding shares. The majority of The Allstate outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Allstate to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Allstate. Please pay attention to any change in the institutional holdings of The Allstate as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Allstate Ownership Details

Allstate Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Allstate jumping above the current price in 90 days from now is about 1.16%. The The Allstate probability density function shows the probability of Allstate stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon The Allstate has a beta of -0.1589. This suggests as returns on benchmark increase, returns on holding Allstate are expected to decrease at a much lower rate. During the bear market, however, The Allstate is likely to outperform the market. Additionally, the Allstate has an alpha of 0.3731, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 173.01HorizonTargetOdds Above 173.01
98.82%90 days
 173.01 
1.16%
Based on a normal probability distribution, the odds of Allstate to move above the current price in 90 days from now is about 1.16 (This The Allstate probability density function shows the probability of Allstate Stock to fall within a particular range of prices over 90 days) .

Allstate Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Allstate that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Allstate's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Allstate's value.
InstituionRecorded OnShares
Diamond Hill Capital Management Inc2023-12-31
3.9 M
Amvescap Plc.2023-12-31
3.8 M
Barrow Hanley Mewhinney & Strauss Llc2023-12-31
3.8 M
Wellington Management Company Llp2023-12-31
3.6 M
Allspring Global Investments Holdings, Llc2023-12-31
3.6 M
Northern Trust Corp2023-12-31
3.4 M
Macquarie Group Ltd2023-12-31
3.4 M
Deutsche Bank Ag2023-12-31
2.7 M
Legal & General Group Plc2023-12-31
2.7 M
Vanguard Group Inc2023-12-31
32.2 M
Blackrock Inc2023-12-31
18.9 M
View Allstate Diagnostics

Allstate Historical Income Statement

The Allstate Income Statement is one of the three primary financial statements used for reporting Allstate's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allstate revenue and expense. Allstate Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Allstate's Depreciation And Amortization is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 4.8 M this year, although the value of Total Revenue will most likely fall to about 37 B. View More Fundamentals

Allstate Stock Against Markets

Picking the right benchmark for Allstate stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Allstate stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Allstate is critical whether you are bullish or bearish towards The Allstate at a given time. Please also check how Allstate's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allstate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Allstate Corporate Directors

Allstate corporate directors refer to members of an Allstate board of directors. The board of directors generally takes responsibility for the Allstate's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Allstate's board members must vote for the resolution. The Allstate board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jacques PeroldIndependent DirectorProfile
Andrea RedmondIndependent DirectorProfile
Robert BeyerIndependent DirectorProfile
Margaret KeaneIndependent DirectorProfile

How to buy Allstate Stock?

Before investing in Allstate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Allstate. To buy Allstate stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Allstate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Allstate stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The Allstate stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The Allstate stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The Allstate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Allstate Stock please use our How to Invest in Allstate guide.

Already Invested in The Allstate?

The danger of trading The Allstate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allstate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allstate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allstate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.
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Is Allstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Dividend Share
3.56
Earnings Share
(1.23)
Revenue Per Share
217.501
Quarterly Revenue Growth
0.087
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.