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.
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
In the last year, 3 stock analysts published opinions about ALL-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Allstate.
Allstate was recommended as a Top Pick by on . Read the latest stock experts ratings for Allstate.
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.
3 stock analysts on Stockchase covered Allstate In the last year. It is a trending stock that is worth watching.
On 2023-03-30, Allstate (ALL-N) stock closed at a price of $109.09.
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.