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 6,817 funds
0
Analysts bullish %
of 10 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]
15% more capital invested
Capital invested by funds: $33.6B [Q2] → $38.6B (+$4.99B) [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
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$183
3%
downside
Avg. target
$225
20%
upside
High target
$267
42%
upside
10 analyst ratings
8 positive
80%
1 neutral
10%
1 negative
10%
Wells Fargo Elyse Greenspan 53% 1-year accuracy 56 / 105 met price target | 1%downside $187 | Equal-Weight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 53% 1-year accuracy 56 / 106 met price target | 29%upside $243 | Outperform Maintained | 10 Jan 2025 |
Barclays Alex Scott 52% 1-year accuracy 37 / 71 met price target | 3%downside $183 | Underweight Maintained | 6 Jan 2025 |
Piper Sandler Paul Newsome 68% 1-year accuracy 32 / 47 met price target | 30%upside $244 | Overweight Maintained | 26 Nov 2024 |
Goldman Sachs Alex Scott 52% 1-year accuracy 37 / 71 met price target | 22%upside $230 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 28 articles about ALL published over the past 30 days
Positive
Zacks Investment Research
18 hours 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
22 hours 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
1 day 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
1 day 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
2 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
2 days 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.
Neutral
Zacks Investment Research
2 days ago
Stocks Slide as Strong Jobs Data Sparks Inflation and Rate Worries
The continued strength in job creation makes a rate cut unlikely in the first half of 2025.
Negative
Barrons
2 days ago
Allstate, Travelers Stocks Fall on New L.A. Fires Risk.
The death toll from the fires rose to 24 from 16, and more than 12,000 structures have burned.
Negative
Seeking Alpha
5 days ago
Allstate: High ROEs Likely Unsustainable
Allstate has consistently beaten estimates, but high expectations and competitive pressures may limit future growth, especially in the auto insurance market. The company's recent performance is strong, with significant improvements in underwriting income and new business levels across all distribution channels. Despite favorable current conditions, long-term margins may normalize, and ROE could decline, posing risks to sustained growth and profitability.
Neutral
Business Wire
5 days ago
Allstate Helping Southern California Customers, Communities Recover from Wildfires
NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate is supporting Southern California customers with their claims to help start their recovery from the wildfires. The Allstate Foundation has pledged two contributions totaling $750,000 to the American Red Cross and the Center for Disaster Philanthropy, strengthening these organizations' ability to support communities affected by disasters. Allstate is here to help Southern California customers. Customers can file their claim now: Allstate policyholders.
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