The Allstate Co. (NYSE:ALL – Free Report) – Equities researchers at Roth Capital reduced their Q1 2025 EPS estimates for Allstate in a research report issued on Tuesday, April 22nd. Roth Capital analyst H. Fong now expects that the insurance provider will post earnings of $2.37 per share for the quarter, down from their prior forecast of $3.43. The consensus estimate for Allstate’s current full-year earnings is $18.74 per share. Roth Capital also issued estimates for Allstate’s Q2 2025 earnings at $3.59 EPS.
Other equities research analysts have also recently issued research reports about the company. Argus raised Allstate from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Evercore ISI raised Allstate from an “in-line” rating to an “outperform” rating in a research report on Wednesday, January 8th. JPMorgan Chase & Co. raised their target price on shares of Allstate from $217.00 to $222.00 and gave the company an “overweight” rating in a report on Tuesday, April 8th. Barclays dropped their price objective on Allstate from $183.00 to $172.00 and set an “underweight” rating for the company in a research report on Friday, April 11th. Finally, StockNews.com lowered shares of Allstate from a “buy” rating to a “hold” rating in a research report on Friday, April 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.27.
Allstate Stock Up 0.0 %
NYSE:ALL opened at $194.75 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.36 and a debt-to-equity ratio of 0.42. The stock’s 50 day moving average price is $197.54 and its two-hundred day moving average price is $194.49. Allstate has a twelve month low of $156.66 and a twelve month high of $212.91. The firm has a market capitalization of $51.61 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 1.01 and a beta of 0.36.
Allstate (NYSE:ALL – Get Free Report) last released its earnings results on Wednesday, February 5th. The insurance provider reported $7.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.40 by $2.27. Allstate had a return on equity of 28.20% and a net margin of 7.28%.
Institutional Investors Weigh In On Allstate
Several institutional investors have recently added to or reduced their stakes in the business. VSM Wealth Advisory LLC bought a new stake in Allstate during the 4th quarter valued at $25,000. Twin Tree Management LP bought a new stake in shares of Allstate during the 4th quarter valued at about $27,000. Vision Financial Markets LLC purchased a new position in Allstate in the 4th quarter worth approximately $29,000. Hopwood Financial Services Inc. bought a new position in Allstate in the fourth quarter valued at $29,000. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of Allstate during the 4th quarter valued at about $29,000. 76.47% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Allstate news, CFO Jesse E. Merten sold 40,102 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $186.53, for a total value of $7,480,226.06. Following the completion of the sale, the chief financial officer now directly owns 18,115 shares of the company’s stock, valued at $3,378,990.95. This trade represents a 68.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.80% of the company’s stock.
Allstate announced that its board has authorized a stock repurchase program on Wednesday, February 26th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the insurance provider to repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.
Allstate Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $4.00 annualized dividend and a dividend yield of 2.05%. This is a boost from Allstate’s previous quarterly dividend of $0.92. Allstate’s dividend payout ratio (DPR) is currently 23.54%.
About Allstate
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.
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