NYSE:ALL

Allstate (ALL)

231.55
+8.99 (4.04%)
as of Jun 23, 2026, 8:00:00 pm Market Open.
49 watching
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Investor Insights
star iconJun 23, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

The reviews indicate that Allstate (symbol: ALL-N) is closely examined within the context of its industry, particularly in comparison to larger and stronger competitors such as JPMorgan Chase (JPM). The comparison highlights that Allstate trades at a discount to JPM, suggesting that investors may perceive JPM to have superior structural profitability and overall stability. Experts note concerns about potential softness in the Property and Casualty (P&C) markets, indicating that premium growth may not occur as robustly as before due to increasing price competition within the sector. This heightened competition is likely to impact profitability, leading some analysts to favor banks over insurance companies like Allstate. Overall, while Allstate's valuation based on price to book may seem appealing, the external market pressures and competitive landscape raise caution among experts regarding its immediate prospects.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
WFC
TOP PICK
The premier property casualty company in North America. They are not subject to low interest rates because they reset their prices every year. 10 times earnings and double digit growth for the last decade. It is on sale today. Minimal impact from CoVid19. (Analysts’ price target is $124.25)
PAST TOP PICK
(A Top Pick Dec 05/18, Up 29%) Remains a cheap stock. They're the best in P&E insurance and executes very well. Consumers aren't making claims on car accidents, fearing higher rates. Allstate is firing on all cylinders and trading cheaply. They've bought back half shares and raise their dividend every year.
BUY
Allstate invests in bonds.Can Allstate make money investing in the premiums? And, is PE or PB a better metric to value insurance companies? Every insurance invests heavily in bonds. The price of bond yields is built into the price of insurance premiums; all baked in. Note that property and casualty insurance is re-priced each year, so PC can absorb losses in bonds. Secondly, Allstate is very disciplined and has enjoying 10% dividend growth in recent years. PB, Allstate isn't expensive at 14x PE and 1.5x PB, which are both key metrics. They are best in class.
COMMENT
Climate change impacts? With this company there are several factors -- climate change is one. Low interest rates are more detrimental as premiums collected do not generate as much income. This is probably the biggest challenge in the insurance space. ALL-N is one of the better names in the business.
HOLD
Through thick and thin, has been able to generate free cash flow and reduced their share count by over 50%, which is astounding. Raised dividend. Operating ratio is well below 100%. North American leader. Efficient.
TOP PICK
Premier property casualty company in North America. Free cash flow machine for years. Mid-high single digit dividend increases every year. Aggressive share buybacks. Shares are cheap at 9x earnings. Compelling. Yield is 2.1%. (Analysts’ price target is $105.06)
BUY

Insurance provider. They are a lot larger than people realize. 12k offices, 16 Million clients. They are quite diverse. You may want to look at this high quality name. They have a high combined ratio: what is coming in to what is going out in claims. A large part is auto insurance. They have a low dividend payout ratio so should be able to raise their dividend (2.4%). He prefers other PRA-N.

PAST TOP PICK

(Top Pick May 6/13, 13.23%) His main insurer in the US. Recently announced earnings and it was a beat. There is more room to increase dividends.

TOP PICK

Pricing for premiums became firm because of Sandy. Expects increases in premiums of 6-8% every year for 3-5 years and this will transfer to the bottom line. 2% dividend with room to grow.

PAST TOP PICK

(A Top Pick Sept 20/11. Up 63%.) They are the best in class. Best property/casualty insurer in North America. Looking for a re-acceleration in their dividend. Still sees upside from here.

TOP PICK
Less than tangible book value. Earnings poised to take a massive jump. Home insurance rates have a healthy increase. There is huge upside here.
TOP PICK
Bad times for financials but less so for insurance companies. At under $50 it is yielding a little over 3%. Have increased the dividend every year they have been public. Had started with 900 million shares but through buy-backs they are now down to about 563 million. 1.3X book and about 8X earnings makes it a good valuation.
BUY
Market Call Minute - Could be showing a double bottom in August and November. No big hurricanes. There could be a flight to safety here.
DON'T BUY
His model price is around the existing price, so it is no longer mispriced.
BUY
Likes the insurance business in the US. It's not all that expensive. Relatively cheap. Well run. Would prefer American International Group (AIG-N) which has been hurt a little bit more.
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