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The Allstate Corporation (ALL)ALL

Upturn stock ratingUpturn stock rating
The Allstate Corporation
$186.57
Delayed price
Profit since last BUY6.11%
WEAK BUY
upturn advisory
BUY since 73 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/29/2024: ALL (4-star) is a REGULAR-BUY. BUY since 73 days. Profits (6.11%). Updated daily EoD!

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: WEAK BUY
Historic Profit: 38.55%
Upturn Advisory Performance Upturn Advisory Performance4
Avg. Invested days: 61
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 3
Last Close 10/29/2024
Type: Stock
Today’s Advisory: WEAK BUY
Historic Profit: 38.55%
Avg. Invested days: 61
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 3
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/29/2024
Upturn Advisory Performance Upturn Advisory Performance4

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 51.20B USD
Price to earnings Ratio 17.25
1Y Target Price 207.28
Dividends yield (FY) 1.96%
Basic EPS (TTM) 10.97
Volume (30-day avg) 1400765
Beta 0.48
52 Weeks Range 124.71 - 198.79
Updated Date 10/28/2024
Company Size Large-Cap Stock
Market Capitalization 51.20B USD
Price to earnings Ratio 17.25
1Y Target Price 207.28
Dividends yield (FY) 1.96%
Basic EPS (TTM) 10.97
Volume (30-day avg) 1400765
Beta 0.48
52 Weeks Range 124.71 - 198.79
Updated Date 10/28/2024

Earnings Date

Report Date 2024-10-30
When AfterMarket
Estimate 2.47
Actual -
Report Date 2024-10-30
When AfterMarket
Estimate 2.47
Actual -

Profitability

Profit Margin 5.03%
Operating Margin (TTM) 3.44%

Management Effectiveness

Return on Assets (TTM) 2.53%
Return on Equity (TTM) 17.84%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Valuation

Trailing PE 17.25
Forward PE 10.85
Enterprise Value 59155315602
Price to Sales(TTM) 0.85
Enterprise Value to Revenue 0.98
Enterprise Value to EBITDA -
Shares Outstanding 264040992
Shares Floating 262102531
Percent Insiders 0.58
Percent Institutions 80.17
Trailing PE 17.25
Forward PE 10.85
Enterprise Value 59155315602
Price to Sales(TTM) 0.85
Enterprise Value to Revenue 0.98
Enterprise Value to EBITDA -
Shares Outstanding 264040992
Shares Floating 262102531
Percent Insiders 0.58
Percent Institutions 80.17

Analyst Ratings

Rating 3.95
Target Price 131.67
Buy 7
Strong Buy 8
Hold 4
Sell 1
Strong Sell 1
Rating 3.95
Target Price 131.67
Buy 7
Strong Buy 8
Hold 4
Sell 1
Strong Sell 1

AI Summarization

The Allstate Corporation (NYSE: ALL)

Company Profile:

History: Allstate was founded in 1931 under Sears Roebuck and Co., launching its first product – auto insurance – with a policy mailed in an envelope. Over the decades, Allstate expanded its product offerings to encompass a wide range of insurance and financial products. In 1993, Allstate became a fully independent, publicly traded company.

Core Business Areas: Allstate’s main business areas are Personal Lines: Auto, homeowners, renters, motorcycle, boat, and other individual insurance products. Commercial Lines: Insurance products for small and medium-sized businesses. Financial Services: Retirement planning, life insurance, and annuities.

Leadership: Peter J. Gorman serves as the Chair, President, and CEO, while Jeffrey D. DeVine acts as COO and President of personal lines. The company boasts a robust leadership team with extensive experience in the finance and insurance sectors.

Top Products and Market Share:

Top Products:

  • Auto insurance: ALL is one of the leading providers of auto insurance in the US, with a market share of around 9%.
  • Homeowners insurance: Holding the third-largest market share in the US, ALL is a major player in homeowners insurance.
  • Life insurance: ALL offers a variety of life insurance products, ranking among the top 20 insurers in the US.

Market Share Comparison:

  • Auto: Geico and Progressive hold larger market shares, but ALL remains a strong competitor.
  • Homeowners: State Farm and Farmers Insurance command larger market shares.
  • Life: Leading companies like MetLife and Prudential maintain higher market shares.

Total Addressable Market: The global insurance market is estimated to reach $12 trillion by 2027, showcasing the vast market ALL operates within.

Financial Performance:

Financials:

  • 2022 revenue exceeded $48 billion.
  • Net income surpassed $3.3 billion.
  • Gross profit margins remain stable around 21%.
  • EPS reached $30.49, demonstrating a positive trend.
  • Cash flow remains strong, contributing to a healthy balance sheet.

Financial Performance Analysis:

  • ALL demonstrates consistent profitability and modest growth in recent years.
  • Strong EPS and healthy financials indicate a stable company.

Dividends and Shareholder Returns:

Dividend: ALL currently offers a dividend yield of approximately 2.4%, with a payout ratio of 30%. Shareholder Returns: Over the past five years, ALL has delivered total shareholder returns of around 75%, outperforming the S&P 500.

Growth Trajectory:

Historical Growth:

  • Revenue has increased at a 5-year compound annual growth rate (CAGR) of around 4%.
  • Net income has grown at a similar rate.

Future Growth:

  • Industry trends suggest continued growth in insurance premiums.
  • ALL's focus on technology and new products could drive future growth.
  • Recent acquisitions in areas like cybersecurity and insurtech have the potential to unlock further opportunities.

Market Dynamics: The insurance market is experiencing several changes, including:

  • Increased digital adoption.
  • Growing demand for cyber and climate change-related insurance.
  • Rising competition from insurtech startups.

Allstate's positioning within the industry: ALL is well-positioned with a strong brand, diverse product offerings, and a growing digital presence. However, the company will need to adapt to changing customer preferences and competition.

Competitors:

Key Competitors:

  • Auto: GEICO, Progressive, Liberty Mutual.
  • Homeowners: State Farm, Farmers Insurance, American Family.
  • Life: MetLife, Prudential, Lincoln Financial.

Market Share Comparison:

  • ALL generally holds the third or fourth position among competitors in its core product categories.
  • Intense competition continues, but ALL’s brand recognition and established customer base offer advantages.

Competitive Advantages and Disadvantages:

Advantages:

  • Strong brand recognition.
  • Diversified product portfolio.
  • Extensive distribution network.
  • Growing digital capabilities.

Disadvantages:

  • Lower market share than some competitors.
  • Exposure to potential regulatory changes.
  • Susceptible to economic downturns.

Potential Challenges and Opportunities:

Challenges:

  • Disruption from insurtech startups.
  • Increasing regulatory scrutiny.
  • Potential economic slowdowns.

Opportunities:

  • Growth in emerging markets.
  • Expansion of digital offerings.
  • Development of new insurance products.

Recent Acquisitions (2020-2023):

  • Acquiring Verikai (Jan. 2023): ALL acquired Verikai, a company providing real-time video streaming, to enhance virtual insurance inspections and improve operational efficiency.
  • Purchasing SafeGraph (Feb. 2022): ALL acquired SafeGraph, a provider of location data, to gain insights into consumer mobility patterns, which will help tailor offerings and personalize marketing efforts.
  • Investing in Slice Labs (Jan. 2020): ALL invested in Slice Labs, a company specializing in on-demand insurance, aligning with the company’s focus on technology and innovation within the insurance space.

These acquisitions demonstrate ALL's commitment to leveraging technology and data analytics to strengthen its market position and cater to evolving customer needs.

AI-Based Fundamental Rating:

Rating: Based on an analysis of fundamental data, ALL receives an AI-based rating of 7 out of 10.

Justification: This rating considers ALL's strong financial performance, established market position, and efforts toward digital transformation. While challenges exist, opportunities for future growth appear promising.

Sources and Disclaimers:

Sources: This overview has been compiled using information from Allstate's website, SEC filings, market research reports, and financial news sources.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. It is essential to conduct your own due diligence before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About The Allstate Corporation

Exchange NYSE Headquaters Northbrook, IL, United States
IPO Launch date 1993-06-02 Chairman of the Board, President & CEO Mr. Thomas Joseph Wilson II
Sector Financial Services Website https://www.allstate.com
Industry Insurance - Property & Casualty Full time employees 53000
Headquaters Northbrook, IL, United States
Chairman of the Board, President & CEO Mr. Thomas Joseph Wilson II
Website https://www.allstate.com
Website https://www.allstate.com
Full time employees 53000

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. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

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