Trending stocks today
Allstate (ALL-N)
NYSE:ALL
186.81
4.27
(2.34%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Stocks sink, yields riseYields up, earnings good, stocks wobbleTop Insurance Company Stocks to Buy in 2019This summary was created by AI, based on 3 opinions in the last 12 months.
Allstate (ALL-N) is a leading provider of home and car insurance in North America, with a strong track record of share repurchases and impressive earnings growth. The company is well-positioned to benefit from rising insurance rates, and its focus on the North American market provides stability. With a cheaper valuation than its Canadian counterparts and a strong bond portfolio, Allstate presents a compelling investment opportunity for those seeking exposure to the insurance industry.
$197.280
Owned
House insurance always goes up and it is the best in its field with little competition. Trades at 11X earnings.
P&C insurance. All they do is homes and cars in NA, no foreign exposure. In NA, but mostly US. Cheaper valuation than any in Canada, and at least as good a company as those in Canada. Bond portfolio benefitting now that rates are high.
Has owned company for 15 years, and will keep position. Company has purchased ~50% of shares last 10 years. Ability to raise prices with inflation. Very attractive capital allocation skills. Consistently raised dividend.
Increase in catastrophic losses means most insurers are suffering this year. For P&C insurers, bad news is good news, as they just raise prices. Great capital allocators. Raise dividends. Favour profits over market share, so divesting unprofitable businesses. Spectacularly well run. Free cashflow machine. Yield is 3.28%.
(Analysts’ price target is $125.32)Owns shares in company, continues to buy.
Reduction of share count by 50% the past 10 years.
Disciplined company that steadily increases dividend.
Trading at 10x 2024 earnings projections.
Good long term investment.
It is the premier property casualty company in the U.S. Over the past decade it has had double digit dividend growth, huge share buybacks, great cash flow and a very disciplined approach. It is an incredible asset allocator and also cheap. Its 3 1/2% dividend could double over time. The stock is down a little due to supply chain issues which increases the costs to fix houses and cars, but these issues are temporary. An app that tracks driving habits can give the client a discount but it gives the company a strong picture of those habits.
Allstate(ALL-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Allstate(ALL-N) Frequently Asked Questions
What is Allstate stock symbol?
Allstate is a American stock, trading under the symbol ALL-N on the New York Stock Exchange (ALL). It is usually referred to as NYSE:ALL or ALL-N
Is Allstate a buy or a sell?
In the last year, 2 stock analysts published opinions about ALL-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Allstate.
Is Allstate a good investment or a top pick?
Allstate was recommended as a Top Pick by on . Read the latest stock experts ratings for Allstate.
Why is Allstate stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Allstate worth watching?
2 stock analysts on Stockchase covered Allstate In the last year. It is a trending stock that is worth watching.
What is Allstate stock price?
On 2025-01-14, Allstate (ALL-N) stock closed at a price of $186.81.
They home and car insurance in North America, doing an amazing job. Over 20 years, they bought back 66% of their shares. At this rate, they will buy the rest in 16 years. Trades at 11x PE with double-digit earnings growth. Insurance rates are rising.
(Analysts’ price target is $219.32)