Final Trades: Allstate, BHP Group, 2-Year T-Note, and Applied Materials
- The Investment Committee gives you their top picks for the second half.
- 04/10/2024
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Here's Why Allstate (ALL) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/08/2024
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Will Allstate (ALL) Beat Estimates Again in Its Next Earnings Report?
- Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/03/2024
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Allstate (ALL): Strong Industry, Solid Earnings Estimate Revisions
- Allstate (ALL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 04/02/2024
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Why Allstate (ALL) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/29/2024
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Money Rotates as Rally Broadens Out: Where to Look for Upside Potential
- Stocks are on track for their 5th straight monthly advance - a signal that even further gains may lie ahead.
- 03/28/2024
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Are You Looking for a Top Momentum Pick? Why Allstate (ALL) is a Great Choice
- Does Allstate (ALL) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 03/28/2024
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Allstate (ALL) Upgraded to Buy: What Does It Mean for the Stock?
- Allstate (ALL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 03/28/2024
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Allstate's (ALL) Auto Rate Hiking Spree Continued in February
- Allstate (ALL) implements rate hikes in February in a bid to boost auto insurance profits. It also expects catastrophe losses below the $150 million reporting threshold for the last month.
- 03/25/2024
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Allstate Stock Has Support in Place
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this ALL commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 03/22/2024
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Why Allstate (ALL) is a Top Momentum Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/22/2024
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Progressive, Allstate stocks surge as insurance prices jump
- Progressive (NYSE: PGR) and Allstate (NYSE: ALL) stock prices are soaring, helped by higher insurance premium costs. The two have jumped by more than 50% in the past 12 months, adding billions of dollars to their market caps.
- 03/21/2024
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Compelling Reasons to Hold on to Allstate (ALL) Stock Now
- Allstate (ALL) remains well-poised for growth on the back of continued rate hikes, strong investment results, divestitures and adequate cash reserves.
- 03/20/2024
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Here's Why Allstate (ALL) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/13/2024
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How Allstate (ALL) Stock Stands Out in a Strong Industry
- Allstate (ALL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/01/2024
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8 Dividend Increases Expected In March 2024
- Actual dividend increases in February 2024 compared to five-year average growth rates.
- 02/29/2024
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Allstate (ALL) Rewards Shareholders With a 3.4% Dividend Hike
- Allstate's (ALL) dividend yield currently stands at 2.3% compared with the industry average of 0.3%.
- 02/26/2024
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Why Allstate (ALL) is a Top Value Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 02/26/2024
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Stock Picks For Our Model Portfolio In A Broken Market (Technical Analysis)
- Stock Picks For Our Model Portfolio In A Broken Market (Technical Analysis)
- 02/20/2024
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S&P 500's surge to new highs: Bull trap hiding in plain sight?
- The SPDR S&P 500 ETF Trust NYSEARCA: SPY is trading at new highs, but as the sharp pullback on February 13 showed, the rally may be showing signs of cracking.
- 02/15/2024
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Allstate CFO to Present at Raymond James Annual Institutional Investors Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Jess Merten, its Chief Financial Officer, will present at the Raymond James Annual Institutional Investors Conference at 7:40 a.m. Central on Monday, March 4. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including mate.
- 02/14/2024
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Is Allstate (ALL) Stock Outpacing Its Finance Peers This Year?
- Here is how Allstate (ALL) and Erste Group Bank AG (EBKDY) have performed compared to their sector so far this year.
- 02/12/2024
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Allstate (ALL) Q4 Earnings Beat on Solid Underwriting Results
- Allstate's (ALL) fourth-quarter results gain from higher auto and homeowners insurance premiums earned in the Property-Liability unit as well as a decline in claims expense.
- 02/08/2024
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Why Allstate Stock Is Up Today
- Allstate beat expectations on the top and bottom lines and lost a lot less in 2023 than it did in 2022. Mild weather helped, but Allstate is also seeing the impact of its pricing initiatives.
- 02/08/2024
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Allstate (ALL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/07/2024
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Allstate (ALL) Surpasses Q4 Earnings Estimates
- Allstate (ALL) came out with quarterly earnings of $5.82 per share, beating the Zacks Consensus Estimate of $3.87 per share. This compares to loss of $1.36 per share a year ago.
- 02/07/2024
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Factors Setting the Tone for Allstate's (ALL) Q4 Earnings
- Allstate's (ALL) Q4 results are expected to be aided by higher Property-Liability earned premiums and net investment income. The higher severity of claims in the Protection segment remains a headwind.
- 02/02/2024
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Stay Ahead of the Game With Allstate (ALL) Q4 Earnings: Wall Street's Insights on Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Allstate (ALL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
- 02/02/2024
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11 Dividend Increases Expected In February 2024
- 11 Dividend Increases Expected In February 2024
- 02/01/2024
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Allstate (ALL) Earnings Expected to Grow: Should You Buy?
- Allstate (ALL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/31/2024
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How Are Rate Hikes Aiding Allstate (ALL) to Fight Inflation?
- Allstate (ALL) implements auto rate hikes in December to combat inflationary headwinds.
- 01/19/2024
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7 Hot Stocks That Could Fly if the Fed Goes Dovish in 2024
- Based on the latest economic print, the Federal Reserve expects a shift in monetary policy, which undergirds certain stocks for a dovish Fed. It really comes down to the return of the normal way of doing business.
- 01/09/2024
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Jim Cramer gives you stocks to watch outside of the Magnificent 7
- 'Mad Money' host Jim Cramer talks stocks he is watching as the Magnificent 7 struggles in the new year.
- 01/04/2024
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Allstate (ALL) Up 29% in 6 Months: What's Ahead for Investors?
- Allstate (ALL) remains well-poised for growth on improved P&C insurance premiums, acquisitions and sufficient cash-generating abilities.
- 01/03/2024
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7 Underrated Stock Gems Hiding in Plain Sight
- With 2023 being largely about the usual suspects, investors may be better served in the new year targeting under-rated stocks. We're talking about fundamentally undervalued or underappreciated ideas that really didn't much airtime compared to their peers.
- 01/02/2024
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Allstate (ALL): Strong Industry, Solid Earnings Estimate Revisions
- Allstate (ALL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/27/2023
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These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 12/25/2023
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Allstate (ALL) Continues Auto Rate Hikes to Boost Profits
- Allstate (ALL) implemented auto rate hikes in November to counter inflationary headwinds.
- 12/18/2023
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4 Low-Beta P&C Insurance Stocks to Beat Volatile Market
- Here we pick four low-beta stocks, ACGL, ALL, TRV and AXS, that are poised to deliver steady performance irrespective of market conditions.
- 12/06/2023
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TRV or ALL: Which P&C Insurance Stock Has an Edge Now?
- Let's see how Travelers Companies (TRV) and Allstate Corporation (ALL) fare in terms of some of the key metrics.
- 12/05/2023
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Allstate: 5 Reasons Why I Am Bullish
- Allstate Corporation shares have significantly outperformed the S&P 500 and iShares US Insurance ETF over the past three months. The company has a high-quality business with strong positions in the auto and homeowners insurance markets. Activist investor Nelson Peltz's involvement and the potential sale of the health and benefits business are positive factors for the stock.
- 12/02/2023
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Earn A Potential 10% Plus Income With Options (December 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable options income strategy. In this monthly series, we present how to go about selecting the right kind of stocks for options income. We present two lists of 10 stocks with multiple scenarios: PUT options, CALL options, and deep-in-the-money CALL options.
- 11/27/2023
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Allstate (ALL) Continues Rate Hikes in October to Boost Profits
- Allstate's (ALL) limited catastrophe losses in October provide relief, especially in light of the substantial $5.6 billion already incurred in the first nine months of 2023.
- 11/17/2023
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Allstate CEO to Present at Goldman Sachs 2023 U.S. Financial Services Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs U.S. Financial Services Conference at 9:20 a.m. Eastern Time on Wednesday, Dec. 6. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial informa.
- 11/17/2023
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10 ‘better values' in the stock market, selected for the next two years
- Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might lead to an entirely different list of compelling names.
- 11/16/2023
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Interest rates propel insurers' earnings to new highs
- It's understandable that investors gravitate toward the more exciting and fast-moving tech stocks, but any industry can suddenly become interesting if it's on the upswing.
- 11/10/2023
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Should You Still Buy the S&P 500's Best-Performing October Stocks?
- Allstate benefited from a rival's good news last month. Progressive delivered better-than-expected Q3 results.
- 11/07/2023
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The Allstate Corporation (ALL) Q3 2023 Earnings Call Transcript
- The Allstate Corporation (NYSE:ALL ) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Brent Vandermause - Head, Investor Relations Tom Wilson - Chairman, President & Chief Executive Officer Mario Rizzo - President-Property Liability-Allstate Insurance Company Jesse Merten - Chief Financial Officer & Executive Vice President Conference Call Participants Gregory Peters - Raymond James Elyse Greenspan - Wells Fargo Joshua Shanker - Bank of America Tracy Benguigui - Barclays David Motemaden - Evercore ISI Operator Thank you for standing by and welcome to Allstate's Third Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.
- 11/02/2023
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Here's What Key Metrics Tell Us About Allstate (ALL) Q3 Earnings
- The headline numbers for Allstate (ALL) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/01/2023
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Can Auto Insurance Rate Hikes Aid Allstate's (ALL) Q3 Earnings?
- Allstate's (ALL) Q3 results are expected to be aided by higher Property-Liability earned premiums and solid Allstate Protection Plans, partly offset by elevated catastrophe losses.
- 10/30/2023
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7 Steady Stocks to Fortify Your Portfolio Against Uncertainty
- With the game of preserving as much value as possible in your portfolio on the line, investors ought to move into a “prevent” defense with steady stocks for uncertain times. To extend the football analogy, you're not so worried about garbage yards in front of you but rather preventing the big score behind you.
- 10/17/2023
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Allstate (ALL) Soars 3.8%: Is Further Upside Left in the Stock?
- Allstate (ALL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 10/17/2023
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7 Stocks to Buy That Love Rising Interest Rates
- A double-edged sword if there ever was one, the September jobs report effectively put the Federal Reserve in a bind, catalyzing the case for stocks for rising interest rates. Sure, on the one hand, most governments aim for a robust labor market.
- 10/16/2023
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Allstate stock higher on activist interest: report
- Allstate Corp shares gained 4% to close at $124.92 on Monday after Trian Fund Management, an activist hedge fund owned by billionaire investor Nelson Peltz, has apparently acquired an equity interest in the Illinois-based insurance company, Reuters reported, citing people familiar with the matter. Allstate has seen five straight quarters of losses that the company blamed on natural disasters due to climate change, such as the Maui wildfire in Hawaii.
- 10/16/2023
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Peltz's Trian Fund Management amasses stake in Allstate: report
- Nelson Peltz's hedge fund Trian Fund Management has amassed a stake in insurer Allstate Corp. ALL, +3.82%, Reuters reported on Monday. The exact amount was unclear, Reuters said, citing people familiar with the matter.
- 10/16/2023
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Why Allstate Stock Zoomed Nearly 6% Skyward on Friday
- Investors weren't reacting to any news from the company directly. Rather, they were encouraged by the strong monthly results from a peer.
- 10/13/2023
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Allstate Gets Hold Rating As Net Losses Pile Up, But Dividends Grow
- Allstate Corp gets hold rating, in line with the consensus from the quant system and SA analysts. Positives: dividend stability & growth, company financial strength, attractive share price. Negatives: price-to-book value high vs sector average, net losses 5 straight quarters.
- 09/25/2023
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Allstate (ALL) Continues Auto Rate Hikes to Boost Profits
- Allstate (ALL) reports estimated catastrophe losses of $435 million after taxes in August.
- 09/22/2023
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The 3 Most Undervalued Large-Cap Stocks to Buy in September 2023
- While the small-capitalization sector provides ample opportunities to find diamonds in the rough, astute investors can occasionally find undervalued large-cap stocks. It sounds completely counterintuitive.
- 09/11/2023
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TRV or ALL: Which P&C Insurance Stock Should You Hold Now?
- Let's see how Travelers Companies (TRV) and Allstate Corporation (ALL) fare in terms of some of the key metrics.
- 09/05/2023
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The 3 Best Investing Ideas for the Rest of 2023
- With rising pressures evident in the consumer economy, market participants may want to consider the best investing ideas for the remainder of the year. That's not to say you should exclusively focus on these publicly traded securities.
- 09/05/2023
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Why Is Allstate (ALL) Up 2.6% Since Last Earnings Report?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 08/31/2023
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Insurance companies in the spotlight as Hurricane Idalia approaches Florida
- Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida's upper Gulf Coast prepared for the landfall of Hurricane Idalia as a Category 4 storm. Publicly-traded companies active in the insurance sector include Swiss Re SREN, +0.02%, Aon Plc AON, +0.51%, Allstate ALL, +1.09%, Travelers TRV, +0.28%, Everest Group EG, +2.30%, Willis Towers Watson WTW, +0.55% and Arthur Gallagher AJG, +0.83%.
- 08/30/2023
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Allstate CFO to Present at Barclays 2023 Global Financial Services Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Jess Merten, Chief Financial Officer, will present at the Barclays Global Financial Services Conference at 8:15 a.m. Eastern Time on Tuesday, Sept. 12. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including material an.
- 08/24/2023
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Climate Calamities: Why These 3 Insurance Stocks Are Risky Bets Now
- Including insurance stocks in an investment portfolio can be advantageous. The insurance industry offers enduring potential returns in various economic climates.
- 08/23/2023
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7 Very Oversold S&P 500 Stocks to Buy Right Now
- The stock market, much like the ebb and flow of tides, has its moments of highs and lows. In the vast ocean of S&P 500 stocks, there are some that currently find themselves in an oversold territory.
- 08/22/2023
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How Are Rate Hikes Aiding Allstate (ALL) to Combat Inflation?
- Allstate (ALL) reports estimated catastrophe losses of $247 million after taxes in July.
- 08/17/2023
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These 20 dividend stocks have been the best income growers in the S&P 500
- In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies' cash flow, a reader suggested that it would have been useful to look at the stocks' performance as well. After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy.
- 08/15/2023
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Allstate (ALL) Q2 Loss Wider Than Expected on High Cat Losses
- Allstate's (ALL) Q2 results took a hit from feeble underwriting results and elevated claim expenses, partly offset by revenue growth in the Protection Services unit.
- 08/02/2023
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Allstate (ALL) to Report Q2 Earnings: Here's What to Expect
- Allstate's (ALL) second-quarter results are likely to reflect higher loss costs as the company struggles with inflation.
- 07/27/2023
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Allstate: ALL Is Not Lost
- Allstate has had a terrible relative and absolute performance lately. Problems stem from poor pricing of auto insurance policies relative to their underwriting costs. The company is fixing that and we might be approaching a secular buy point.
- 07/25/2023
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Allstate stock surges toward biggest gain in more than three years
- Shares of Allstate Corp. ALL, +4.75% rallied 4.5% in afternoon trading Thursday toward a fourth-straight gain, after the insurance company disclosed premium increases as it looked to “improve profitability.” The stock's rally puts it on track for the biggest one day gain since it climbed 5.0% on April 17, 2020.
- 07/20/2023
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Welcome to Disinflation! 3 Top Stock Picks for Slowing Inflation.
- Inflation-resistant stocks naturally dominated the equities research landscape as a robust labor market continued to confound the Federal Reserve. However, we may have reached a point where the central bank has had enough.
- 07/11/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of June 25
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
- 06/25/2023
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AXS or ALL: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Axis Capital (AXS) or Allstate (ALL). But which of these two stocks offers value investors a better bang for their buck right now?
- 06/21/2023
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Allstate (ALL) Continues Auto Rate Hikes to Combat Inflation
- Allstate (ALL) reports estimated catastrophe losses of $699 million after taxes in May.
- 06/16/2023
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The 7 Best Stocks to Buy in June for the Looming Recession
- Although recent data points suggest that investors should anticipate a robust bull market ahead, a potentially upcoming plot twist might favor the best stocks for looming recession. At first, such a notion seems ridiculous primarily because of the most recent May jobs report.
- 06/07/2023
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KBW: Allstate is near an inflection point for profit margins and will benefit this year
- KBW's Meyer Shields discusses the headwinds for insurance stocks.
- 06/06/2023
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Allstate: New 7.375% Preferred Shares
- Allstate issued new 7.375% preferred shares, which started trading under the symbol, ALL.PJ. We examine the yield in relation to other similar rated instruments and also to other Allstate preferred shares. We give our buy under price for the ALL.PJ shares.
- 06/05/2023
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AXS vs. ALL: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Insurance - Property and Casualty sector have probably already heard of Axis Capital (AXS) and Allstate (ALL). But which of these two stocks is more attractive to value investors?
- 06/05/2023
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One Single New Preferred Stock IPO This Month
- Tightening financial conditions have led to a significant decrease in preferred stock and ETD offering activity, with only one new preferred stock offered in May. Allstate issued non-cumulative perpetual preferred shares with a fixed 7.375% dividend rate, while Gladstone Investment Corporation offered $65 million worth of 8% senior notes due 2028. CDx3 preferred stocks ranked 10 out of 10 are selling at an average discount to par of about 7.4% and offer an average current yield of 6.37%.
- 06/01/2023
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Why Prudent Investors are Retaining Allstate (ALL) Stock Now
- Allstate's (ALL) expanding Protection Services segment is likely to drive its business growth.
- 05/31/2023
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2 Ultra-Safe Dividend Stocks to Load Up On Right Now
- Blue chip dividend stocks tend to produce market-beating returns over long periods of time. Several top-shelf dividend stocks have yet to recover from the 2022 bear market.
- 05/31/2023
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3 Blue-Chip Stocks to Buy for a Healthy and Wealthy Portfolio
- While the concept of heavily bidding up blue-chip stocks for a healthy portfolio isn't exactly the most exciting proposition, under the present circumstances, it could be the most sensible. Fundamentally, with Democrats and Republicans at loggerheads over the debt ceiling crisis, anything can happen.
- 05/25/2023
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A Look at Insurance ETFs Post a Mixed Bag Q1
- With the Fed slowing down the pace of rate hike and expectations of a pause in further hikes coupled with mixed results of the leading players in the industry, insurance ETFs struggled to find a footing over the last month.
- 05/17/2023
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Diamond Hill Capital Buys Allstate, Lear
- Earlier this week, investment firm Diamond Hill Capital (Trades, Portfolio) disclosed its equity portfolio for the first quarter, which ended March 31.
- 05/12/2023
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Allstate (ALL) Q1 Loss Narrower Than Expected, Revenues Rise
- Allstate's (ALL) Q1 results grapple with softer underwriting results, and lower profits from the Protection Services and, Health and Benefits segments, partly offset by higher P&C insurance premiums.
- 05/04/2023
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The Allstate Corporation (ALL) Q1 2023 Earnings Call Transcript
- The Allstate Corporation (NYSE:ALL ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Mark Nogal - Head of IR Tom Wilson - Chairman, President and CEO Mario Rizzo - President, Property-Liability Jess Merten - EVP and CFO John Dugenske - President, Investments Conference Call Participants Gregory Peters - Raymond James Paul Newsome - Piper Sandler Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Andrew Kligerman - Credit Suisse Josh Shanker - Bank of America Brian Meredith - UBS Operator Thank you for standing by, and welcome to Allstate's First Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.
- 05/04/2023
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Allstate (ALL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/03/2023
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Factors Likely to Set the Tone for Allstate's (ALL) Q1 Earnings
- Allstate's (ALL) Q1 results are likely to have been dampened by escalating catastrophe losses, partly offset by the growing Property-Liability segment's premiums and Protection Plans revenues.
- 05/01/2023
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Here's Why Investors Should Hold Allstate (ALL) Stock Now
- Allstate (ALL) remains well-poised for growth on the back of a growing revenue base, the buyout of National General and solid operating cash flows.
- 04/12/2023
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7 Safe Stocks to Buy as Customer Bank Withdrawals Grow
- With fears rising regarding a hard landing for the economy, investors may want to consider safe stocks to buy. Specifically, during the week ending March 22, Yahoo Finance reported that depositors drained $126 billion from U.S. banks.
- 04/10/2023
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Allstate 8% Yielding Debentures: Higher For Longer Vs. A Fed Pivot
- Allstate subordinated debentures started paying a floating interest rate. The 8% yield looks juicy and comes with a high credit rating.
- 04/02/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of March 26
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 03/25/2023
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5 Undervalued Insurance Stocks with High Dividend Yields and Low Payout Ratios
- Insurance stocks are among the more intriguing options in this market. Among the most stable and consistent long-term bets, insurance companies are highly sought after by those with long investing time horizons.
- 03/18/2023
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Allstate (ALL) Keeps Hiking Auto Rates to Combat Inflation
- Allstate (ALL) reports estimated catastrophe losses of $211 million in February.
- 03/17/2023
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RE vs. ALL: Which Stock Should Value Investors Buy Now?
- RE vs. ALL: Which Stock Is the Better Value Option?
- 03/15/2023
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Why Is Allstate (ALL) Down 4.3% Since Last Earnings Report?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 03/03/2023
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7 Smart Stocks to Buy When Interest Rates Rise
- Just when investors thought that rising prices slipped into the rearview mirror, market participants now find themselves scrambling for smart stocks to buy when interest rates rise. Of course, the spiked demand centers on a key consumer report which indicated that inflation remains stubbornly high.
- 02/27/2023
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Allstate CFO to Present at Raymond James Annual Institutional Investors Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Jess Merten, its Chief Financial Officer, will present at the Raymond James Annual Institutional Investors Conference at 9:15 a.m. Eastern on Monday, March 6. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends.
- 02/22/2023
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Dividend Increases Are Flying In This Month!
- The dividend increases continue to roll in during February. A ton of companies have announced dividend increases. Dividend increases are a critical part of our dividend growth investing strategy. We focus on buying dividend stocks to build a growing passive income stream.
- 02/21/2023
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Allstate (ALL) Rewards Shareholders With a 4.7% Dividend Hike
- Allstate's (ALL) dividend yield currently stands at 2.6% compared with the industry average of 0.4%.
- 02/21/2023
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7 Stocks That Can Survive a Bumpy Ride to Low Inflation
- Throughout 2022, investors quickly recognized that success for stocks to buy centered on entities that could ride out rising prices. Now, investors may need to strategize for the opposite scenario: the Federal Reserve continuing to hike benchmark interest rates to get inflation under control.
- 02/20/2023
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THG vs. ALL: Which Stock Is the Better Value Option?
- THG vs. ALL: Which Stock Is the Better Value Option?
- 02/20/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of February 19
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 02/19/2023
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Is This Insurer's Loss Signaling a New Trend?
- Rising costs have this insurer posting a big loss in 2022. But is this permanent?
- 02/11/2023
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Insurance ETFs Rising on Q4 Earnings Results
- Lets dig into earnings of some of the prominent insurance players.
- 02/10/2023
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7 Boring Stocks to Buy and Hold Forever
- After a sharp downturn in 2022, investors may be looking for high-risk, high-reward equities to bank on as opposed to boring stocks to buy and hold forever. I get it. As some of the hottest names get cheaper, a temptation exists to pick them up for pennies on the dollar.
- 02/06/2023
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Allstate Can Weather The Storm And Bring Investors Lucrative Returns
- Allstate has fared poorly on the stock market for the last five years during a period where growth, rather than profitability, was favored. Despite pressure on profits in the last year, the firm has seen a boost in the market, as investors have recognised its competitive advantages.
- 02/05/2023
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Allstate CEO to Present at Bank of America U.S. Insurance Conference
- NORTHBROOK, Ill.--( BUSINESS WIRE )--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and CEO, will present at the Bank of America U.S. Insurance Conference at 10:30 a.m. Eastern on Tuesday, Feb. 14.
- 02/03/2023
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Allstate (ALL) Incurs Q4 Loss Due to Underwriting Losses
- Allstate's (ALL) fourth-quarter results took a hit from feeble underwriting results resulting from elevated catastrophe losses. Nevertheless, growing premiums are a partial offset to its revenues.
- 02/02/2023
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The Allstate Corporation (ALL) Q4 2022 Earnings Call Transcript
- The Allstate Corporation (NYSE:ALL ) Q4 2022 Earnings Conference Call February 2, 2023 9:00 AM ET Company Participants Mark Nogal – Head of Investor Relations Tom Wilson – Chairman, President and Chief Executive Officer Mario Rizzo – President, Property-Liability Jess Merten – Executive Vice President and Chief Financial Officer Conference Call Participants Paul Newsome – Piper Sandler C. Gregory Peters – Raymond James Elyse Greenspan – Wells Fargo Andrew Kligerman – Credit Suisse Josh Shanker – Bank of America Operator Good day and thank you for standing by.
- 02/02/2023
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Allstate (ALL) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/02/2023
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Allstate (ALL) Reports Q4 Loss, Tops Revenue Estimates
- Allstate (ALL) delivered earnings and revenue surprises of 0.73% and 8.51%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/01/2023
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Why Allstate Stock Sank by Almost 10% This Week
- The market punishes the company for a fourth-quarter forecast that featured very deep net losses
- 01/20/2023
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Three-Stock Lunch: ALL, RUN & CMA
- Victoria Greene, CIO of G Squared Private Wealth, joins 'Power Lunch' to present today's Three-Stock Lunch, focusing on Allstate, Sunrun and Comerica.
- 01/19/2023
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Allstate (ALL) Unveils Preliminary Fourth-Quarter Estimates
- Allstate (ALL) expects its premiums to register year-over-year increase in the fourth quarter of 2022 resulting from continued rate increases. However, catastrophe losses might dampen its underwriting results.
- 01/19/2023
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Allstate tells Wall Street to brace for higher catastrophe losses in Q4, thanks to December winter storm
- Allstate Corp. late Wednesday told Wall Street to expect higher catastrophe losses on its balance sheet, thanks to the severe winter storm that blanketed two-thirds of the U.S. in frigid temperatures and snow in December.
- 01/18/2023
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7 Defensive Stocks to Buy as House Republicans Bicker
- If there was ever a reason to consider defensive stocks to buy, House Republicans gave one of the most compelling. After 15 rounds of voting amid deep divisions in the conservative party, Representative Kevin McCarthy of California finally won the election as the new House Speaker.
- 01/10/2023
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TRV or ALL: Which P&C Stock is Better-Placed at the Moment?
- Travelers (TRV) and Allstate (ALL) are poised to grow in the promising P&C insurance space. We try to find out which stock fares better via comparative evaluation.
- 01/03/2023
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7 Stocks to Buy Now Ahead of a Potentially Slow 2023
- Although the new year typically brings feelings of optimism, it's probably time for investors to consider stocks to buy ahead of a potentially slow 2023. Not to be a downer but circumstances don't appear particularly compelling for the bulls.
- 12/24/2022
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7 Stocks That Do Well When Rates Are Rising
- When the latest Nov. jobs report came in hotter than expected, that was essentially the clue for investors to consider stocks to buy ahead of another year of possibly rising rates. Ordinarily, a robust labor market represents cause for celebration.
- 12/21/2022
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11 Big Companies' Profit Will Boom In 2023, Analysts Say
- Worried about S&P 500 companies' profit dying up next year? Don't be. You just need to know where the money's going.
- 12/21/2022
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Red-Hot Fund Managers Expect Rocky Start To 2023
- Want to know how to invest in 2023? Red-hot fund manager Dale Harvey says individual investors should fasten their seat belts.
- 12/19/2022
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Allstate: Acting Fast In An Inflationary Environment
- In the third quarter of 2022, consolidated revenues increased 6% year over year, mainly due to higher average premiums for auto and homeowners insurance. The valuation of fixed-income securities decreased due to higher interest rates and credit spreads.
- 12/13/2022
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7 Iron-Clad Stocks That Will Resist the Market Turmoil
- The concept of targeting iron-clad stocks to buy for volatility might seem overkill. After all, the Labor Department just revealed that the U.S. economy added 263,000 jobs, above analysts' expectations.
- 12/05/2022
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Allstate's (ALL) Premiums Gain From Auto Rate Hikes in October
- Allstate (ALL) implements auto rate hikes in October to counter inflationary headwinds. Catastrophe losses remain low last month.
- 11/21/2022
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Allstate CEO to Present at Goldman Sachs 2022 US Financial Services Conference
- NORTHBROOK, Ill.--( BUSINESS WIRE )--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs US Financial Services Conference at 9:20 a.m. Eastern Time on Wednesday, Dec. 7.
- 11/21/2022
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Allstate raises auto insurance rates by 14% in October across 15 locations
- Allstate Corp. ALL, +0.21% disclosed Thursday that it has raised auto insurance rates by 14% across 15 locations in October, as it responds to "inflationary increases to loss costs." The insurer said the rate increases for Allstate-brand auto insurance since the beginning of the year have resulted in a premium impact of 12.1%.
- 11/17/2022
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7 Post-Midterm Elections Stocks to Buy for a Divided Government
- Following a much-anticipated day at the voting booth, control of Congress still hangs in the balance, thereby drawing attention to post-midterm elections stocks for a divided government. Even if the data confirms winners and losers by the time you read this, the main point stands: this election was much tighter than many analysts expected.
- 11/14/2022
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Insurance ETFs Rallying on Solid Q3 Earnings
- A slew of solid earnings from the leading players in the insurance industry added to the strength as some of the prominent players surpassed estimates for both earnings and revenues.
- 11/10/2022
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AXS or ALL: Which Is the Better Value Stock Right Now?
- AXS vs. ALL: Which Stock Is the Better Value Option?
- 11/09/2022
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7 No-Brainer Stocks to Buy When the Fed Is Hawkish
- With the Federal Reserve raising the benchmark interest rate again, it's time for investors to target no-brainer stocks to buy that may perform well during a period of monetary tightening. While this ecosystem closes many doors in the equities sector, a few well-positioned firms should do remarkably well.
- 11/07/2022
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Allstate (ALL) Incurs Q3 Loss Due to Weak Underwriting Results
- Allstate's (ALL) third-quarter results suffer dismal underwriting results and elevated expenses. Its share buyback program is likely to be completed post the first quarter of 2023.
- 11/03/2022
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Midterm elections will be big market catalyst in near term, says Momentum's Allan Boomer
- Allan Boomer, Momentum Advisors managing partner, joins 'The Exchange' to discuss how the midterms effect the markets and opportunities investors can find now.
- 11/03/2022
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Allstate Corp (ALL) Q3 2022 Earnings Call Transcript
- Allstate Corp (NYSE:ALL ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Mark Nogal - Head, IR Thomas Wilson - Chairman, President & CEO Glenn Shapiro - President, Property-Liability of Allstate Insurance Company Jess Merten - CFO Mario Rizzo - EVP & CFO Conference Call Participants Charles Peters - Raymond James Elyse Greenspan - Wells Fargo Brian Meredith - UBS Tracy Benguigui - Barclays David Motemaden - Evercore ISI Yaron Kinar - Jefferies Operator Good day and thank you for standing by. Welcome to Allstate's Third Quarter Investor Call.
- 11/03/2022
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Can High Catastrophe Losses Hurt Allstate's (ALL) Q3 Earnings?
- Allstate's (ALL) Q3 results are likely to suffer Hurricane Ian-induced catastrophe losses and inflationary pressures, partly offset by growing premiums within its Property-Liability segment.
- 10/31/2022
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Here's what pressuring profitability for auto-insurers, according to Wells Fargo's Greenspan
- Elyse Greenspan, Wells Fargo senior research analyst, joins 'Power Lunch' to discuss why AllState should not continue with its stock buybacks, what the challenge really is for the company and more.
- 10/25/2022
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Dividend Stocks That Do More Than Just Boost Their Payout
- The "Dividend Knights" screen looks at market-beating companies that have paid a dividend for 10 consecutive years and have grown the dividend by more than 10% annually.
- 10/22/2022
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Why Allstate Shares Crashed Today
- The insurance company is trapped between a poorly performing stock market and its rising costs of payouts.
- 10/20/2022
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Allstate warns of surprise loss, even as auto insurance rates jumped 16% in some locations last month
- Shares of Allstate Corp. ALL, -11.41% tumbled Thursday, enough to pace the S&P 500 index's losers by a wide margin, after the insurer warned of a surprise third-quarter loss, amid weakness in its personal auto business.
- 10/20/2022
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Allstate sees estimate Q3 catastrophe losses of $763M
- CNBC's Contessa Brewer reports on Allstate earnings and expectations. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Karen Finerman, Bonawyn Eison and Carter Worth.
- 10/19/2022
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Why Allstate Stock Rose 3.3% in September
- The insurer raised rates significantly in some regions to offset inflationary increases and higher losses.
- 10/07/2022
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Several Layers of Support in Place for Allstate Stock
- Insurance concern Allstate Corp (NYSE:ALL) recently reported catastrophic numbers that came in below its threshold level for August, while increasing rates in 72 locations by more than 10%.
- 09/20/2022
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Allstate: A Cheap Valuation And Strong Chart Make It A Buy
- The Financials sector is perking up as a spot of relative strength in recent months. The Allstate Corporation is one of several insurance-industry companies that exhibit relative strength.
- 09/19/2022
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Allstate's (ALL) Auto Rate Hiking Spree Continues in August
- Allstate (ALL) raises auto rates in August to offset headwinds stemming from inflationary pressures.
- 09/16/2022
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7 Stocks to Buy for Safety in This Volatile Market
- We live in extraordinarily strange (and possibly perilous) times, thus necessitating consideration for stocks to buy for safety. True, very few people like to be worrywarts.
- 09/15/2022
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Allstate plans 'significant' price increases for car insurance in the second half in response to inflationary pressures
- Insurer Allstate Corp. ALL, +1.19% said Thursday it is planning "significant" rate actions in the second half of the year for car insurance as it struggles with inflationary pressures. In a regulatory filing, the company said it implemented rate increases of 14.5% across 8 regions in August, resulting in a premium impact of 3.2%.
- 09/15/2022
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Large Cap Stock Dividend Investors Should Watch
- The Allstate Corporation (NYSE:ALL) is probably known more for its catchy commercials than the stock's performance.
- 09/13/2022
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7 Stocks That Could Survive a Market Apocalypse
- While no one can truly predict a catastrophic equities sector downturn, it's nevertheless a wise idea to strategize certain investments that can survive a stock market crash. Primarily, all eyes center on the Federal Reserve.
- 09/09/2022
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Allstate CEO to Present at Barclays 2022 Global Financial Services Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Barclays Global Financial Services Conference at 9:45 a.m. Eastern Time on Tuesday, Sept. 13. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial informatio
- 08/25/2022
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7 Reddit Stocks to Watch as Memes Regain Momentum
- As the major equity indices clawed out of their recent doldrums, so-called Reddit stocks — particularly those with meme-ish qualities — joined in on the optimism. While social media-driven investments dominated headlines throughout 2021, this year, they grabbed the spotlight for less-than-favorable reasons.
- 08/23/2022
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Allstate (ALL) Q2 Earnings Beat on Higher Premiums, Costs Ail
- Allstate (ALL) has $1.8 billion left under its share buyback authorization.
- 08/05/2022
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Allstate Corp (ALL) CEO Thomas Wilson on Q2 2022 Results - Earnings Call Transcript
- Allstate Corp (NYSE:ALL ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Mark Nogal - Head, IR Thomas Wilson - Chairman, President & CEO Glenn Shapiro - President, Property-Liability of Allstate Insurance Company Mario Rizzo - EVP & CFO Conference Call Participants Charles Peters - Raymond James & Associates David Motemaden - Evercore ISI Andrew Kligerman - Crédit Suisse Tracy Benguigui - Barclays Bank Joshua Shanker - Bank of America Merrill Lynch Paul Newsome - Piper Sandler & Co. Operator Thank you for standing by, and welcome to the Allstate Second Quarter 2022 Earnings Conference Call. [Operator Instructions].
- 08/04/2022
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Why Allstate's Stock Price Dropped 7.7% in July
- The insurer's second-quarter report on catastrophic losses sent the stock price tumbling.
- 08/03/2022
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Higher Catastrophe Losses to Hurt Allstate's (ALL) Q2 Earnings
- Allstate's (ALL) second-quarter results are likely to reflect the impact of lower net investment income and significant occurrence of catastrophe losses.
- 08/01/2022
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7 Best Insurance Stocks to Buy Now
- With inflation clouding economic stability, these best insurance stocks to buy now can help protect you from the monetary storm. The post 7 Best Insurance Stocks to Buy Now appeared first on InvestorPlace.
- 07/19/2022
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5 Outperforming Financial Services Stocks to Consider Amid Inflation
- Market indexes fell on the back of hotter-than-expected inflation data for June on Wednesday morning. The Bureau of Labor Statistics reported the consumer price index, which measures the average change in prices for goods and services, soared 9.1% from a year ago.
- 07/13/2022
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4 Undervalued Names With Very High GF Scores
- Investors looking for stocks that could potentially outperform are encouraged to consider the GF Score at the top of each summary page.
- 07/10/2022
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Favorable Outlook For Allstate
- Allstate has substantially outperformed so far in 2022. Earnings have been suppressed by higher auto claims as Americans have been driving more post-pandemic.
- 07/07/2022
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9 Stocks to Survive a “Dead Cat Bounce”
- Investors usually aren't big fans of financial stocks, but if you know how to pick the right ones, it's possible to find safe opportunities. The post 9 Stocks to Survive a “Dead Cat Bounce” appeared first on InvestorPlace.
- 06/29/2022
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7 Safe Dividend Stocks to Buy for a Bear Market
- With Wall Street analysts sounding the alarm about an incoming recession, it's time to focus on safe dividend stocks to buy. The post 7 Safe Dividend Stocks to Buy for a Bear Market appeared first on InvestorPlace.
- 06/23/2022
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Allstate (ALL) Unveils May Cat Loss Estimates, Pursues Rate Hikes
- Though continued incidence of catastrophe losses can hurt Allstate's (ALL) underwriting results, it remains well-poised to counter them with frequent rate hikes.
- 06/20/2022
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Allstate: A Safe Stock During Volatile Times, Which Will Benefit From Rising Rates
- Allstate's stock looks quite attractive with its current valuation and the broader economic conditions. Allstate is in a market that is very competitive, with the high barriers to entry,
- 06/16/2022
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3 Bargain Stocks You Can Buy Today
- Here are three companies you'll want to check out.
- 06/12/2022
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TRV or ALL: Which P&C Insurance Industry Stock Has an Edge?
- Let's see how Travelers (TRV) or Allstate (ALL) fare in terms of some of the key metrics.
- 06/09/2022
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Allstate (ALL) Estimates April Cat Loss, Pursues Rate Hikes
- Allstate (ALL) announces after-tax catastrophe loss estimates of $250 million in April 2022. Simultaneously, it pursues rate hikes to benefit premiums in the same month.
- 05/20/2022
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6 Stocks to Buy to Hedge Your Portfolio in a Down Market
- These six stocks to buy will help you hedge your portfolio through their dividend yields and low P/E valuations. The post 6 Stocks to Buy to Hedge Your Portfolio in a Down Market appeared first on InvestorPlace.
- 05/19/2022
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Is Allstate Stock A Buy, Sell, Or Hold After Recent Earnings?
- Allstate's 1Q 2022 earnings fell short of market expectations, but its financial performance in the recent quarter wasn't as poor as that implied by the bottom line miss. A key catalyst for ALL is an increase in its automotive insurance pricing.
- 05/16/2022
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Allstate (ALL) Q1 Earnings Miss on Steep Operating Expenses
- Allstate (ALL) has $2.5 billion remaining from its $5 billion buyback authorization.
- 05/05/2022
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Allstate Corp (ALL) CEO Thomas Wilson on Q1 2022 Results - Earnings Call Transcript
- Allstate Corp (NYSE:ALL ) Q1 2022 Earnings Conference Call May 5, 2022 9:00 AM ET Company Participants Mark Nogal - Head, IR Thomas Wilson - Chairman, President & CEO Glenn Shapiro - President, Property-Liability, Allstate Insurance Company Mario Rizzo - EVP & CFO Conference Call Participants Joshua Shanker - Bank of America Merrill Lynch Charles Peters - Raymond James & Associates Andrew Kligerman - Crédit Suisse David Motemaden - Evercore ISI Meyer Shields - KBW Brian Meredith - UBS Operator Good morning, everyone. Thank you for standing by, and welcome to the Allstate First Quarter 2020 Earnings Conference Call.
- 05/05/2022
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Allstate (ALL) Q1 Earnings Miss Estimates
- Allstate (ALL) delivered earnings and revenue surprises of -7.53% and 8.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2022
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Insurance Stock Q1 Earnings List for May 4: MET, ALL, AFG, LNC
- Reopening of business activities throughout the first quarter is likely to have aided the insurance stock results, offset by a soft pricing environment. MET, ALL, AFG and LNC are set to report earnings performance on May 4.
- 05/03/2022
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Allstate (ALL) to Post Q1 Earnings: Here's What You Should Know
- Allstate's (ALL) first-quarter results are likely to reflect lower net investment income.
- 05/02/2022
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Earnings Preview: Allstate (ALL) Q1 Earnings Expected to Decline
- Allstate (ALL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/27/2022
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AON to Announce Q1 Earnings: What's in Store for the Stock?
- AON's first-quarter results are likely to reflect new business generation, growth in capital market transactions and increased operating costs.
- 04/26/2022
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Why This Analyst Thinks Tesla's Disruptive Potential Can Put These Companies Out Of Business
- Tesla, Inc. (NASDAQ: TSLA) reported Wednesday forecast-beating results for its first quarter. Given the all-around strength and the management's positive commentary on the mainstay EV operations and other businesses, an analyst at Loup Ventures said Tesla is putting the prospects of companies.
- 04/23/2022
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7 Dividend-Paying Undervalued Stocks With Large Buyback Programs to Buy Now
- Investors should consider these seven dividend-paying stocks with large buyback programs to buy now. These undervalued stocks should do well as the companies' earnings grow.
- 04/21/2022
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Is This Innovator a Buy After Falling More Than 80%?
- Lemonade's price is easier to stomach, but risks remain.
- 04/12/2022
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Keep an Eye on Earnings Announcements This Week
- A slew of earnings reports from banks arrive next week. Here are the important events to pay attention to in the coming days.
- 04/11/2022
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How This Market-Beating Stock Could Help You Beat Inflation
- This company has pricing power, and it has beaten the market for decades.
- 04/08/2022
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3 Insurance Stocks Worth Dipping into During Tough Economic Times
- Why not buy insurance right now? Everyone still pays for insurance during rough economic changes.
- 04/06/2022
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Allstate (ALL) Rises 19% YTD: Is There More Room to Run?
- Allstate (ALL) is expected to gain from rising P&C insurance premiums, acquisitions, technology advancements and robust cash-generating abilities.
- 04/04/2022
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7 Dividend Stocks That Can Withstand Inflation
- With soaring inflation destroying the purchasing power of the dollar, it's time to start protecting yourself with dividend stocks. The post 7 Dividend Stocks That Can Withstand Inflation appeared first on InvestorPlace.
- 03/24/2022
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Allstate raises auto rates due to inflation
- Allstate is hiking auto insurance rates to help offset rising inflation.
- 03/17/2022
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Want 100x Returns? 1 Small-Cap Stock to Buy Now and Hold for the Long Term
- This beaten-down growth stock could make you richer in the long run.
- 03/16/2022
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Allstate: Buy This Dividend Growth Stock And Sleep Well At Night
- Allstate's adjusted diluted EPS payout ratio was 22% in 2021 and it will still only be 34.1% in 2022.
- 03/13/2022
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Why Is Allstate (ALL) Up 3.3% Since Last Earnings Report?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 03/04/2022
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Dividend Increases: February 12-18, 2022
- This article series covers dividend changes on a weekly basis.
- 03/04/2022
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Allstate (ALL) Boosts Shareholder Value With Dividend Hike
- Allstate's (ALL) recent dividend hike highlights the company's robust financial standing and commitment to sustain its solid capital deployment history.
- 02/22/2022
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5 ‘Strong Buy' Stocks With Dividend Hikes Expected This Week
- After years of a low interest rate environment, many investors have turned to equities, not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.
- 02/22/2022
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Allstate CFO to Present at Raymond James Annual Institutional Investors Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Mario Rizzo, its Chief Financial Officer, will present at the Raymond James Annual Institutional Investors Conference at 8:40 a.m. Eastern on Tuesday, March 8. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including mat
- 02/22/2022
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Allstate (ALL) Stock: Dividend Increase Announced
- The Allstate Corporation (NYSE: ALL) recently announced a dividend increase. These are the details.
- 02/21/2022
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Will Allstate Stock Make Sure Your Portfolio Stays Safe?
- Allstate Corporation (NYSE:ALL) is up 1.7% at $124.83 at last check.
- 02/18/2022
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Want $2,000 per Year in Passive Income? Invest $54,000 in These 3 Dividend Stocks
- Dividend stocks account for a larger portion of market returns during inflationary times.
- 02/18/2022
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Insurance ETFs to Rally on Solid Q4 Earnings
- Some of the prominent players in the insurance industry surpassed estimates for both earnings and revenues.
- 02/15/2022
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Allstate CEO to Present at Bank of America Securities 2022 Insurance Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and CEO, will present virtually at the Bank of America Securities 2022 Insurance Conference at 1 p.m. Eastern on Tuesday, Feb. 15. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including
- 02/07/2022
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Allstate (ALL) Stock: Why The Price Increased
- The stock price of Allstate Corp (NYSE: ALL) increased by 3.38% in the most recent trading session. This is why it happened.
- 02/04/2022
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The Allstate Corporation's (ALL) CEO Tom Wilson on Q4 2021 Results - Earnings Call Transcript
- The Allstate Corporation's (ALL) CEO Tom Wilson on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
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Allstate (ALL) Q4 Earnings Beat on Health & Benefits Performance
- Allstate's (ALL) cash balance more than doubles at fourth quarter-end from 2020-end.
- 02/03/2022
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Allstate (ALL) Surpasses Q4 Earnings and Revenue Estimates
- Allstate (ALL) delivered earnings and revenue surprises of 0.36% and 15.80%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/02/2022
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Insurance Stock Q4 Earnings Due Feb 2: MET, AFL, ALL & LNC
- Amid accelerated economic growth and an improved pricing scenario, four Insurance stocks ??? MET, AFL, ALL & LNC?
- 02/01/2022
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Allstate (ALL) to Post Q4 Earnings Beat on Benefits Profits
- Allstate's (ALL) fourth-quarter results are likely to reflect improved net premiums earned from the Property Liability business.
- 01/31/2022
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Allstate (ALL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Allstate (ALL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/26/2022
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Allstate (ALL) Announces December and Q4 Cat Loss Estimates
- Allstate (ALL) discloses catastrophe loss estimates for December and the fourth quarter of 2021. However, ALL remains well-equipped to counter them with reinsurance programs.
- 01/21/2022
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2 Undervalued Stocks With Businesses Anybody Can Understand
- You don't need to invest in complicated businesses to have long-term success.
- 01/13/2022
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Allstate Stock: Investors Are Missing A Golden Opportunity
- Allstate has a rich history of profitability and has grown net operating profit after-tax from over $1.87 billion in 2016 to more than $6.2 billion in 2021. The company's return on invested capital has dramatically improved, rising from 8.2% in 2016 to 22.3% for the last 12 months.
- 01/06/2022
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10 Dividend Growth Stocks For December 2021
- 10 Dividend Growth Stocks For December 2021
- 12/29/2021
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A Pair of Undervalued Insurers Offering Double-Digit Returns
- The insurance industry can be cutthroat as customers face very little in the way of switching costs when choosing between providers. This means that insurance companies have to have prudent underwriting policies as the motivation to underprice policies to generate further growth could have a significant impact if claims were to be high.
- 12/26/2021
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Options Income Series: Earn High Income Safely And Consistently - December 2021
- We explain why selling the cash-covered puts and covered calls is a safer choice and earns a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 12/25/2021
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Allstate: A Blue-Chip Dividend Growth Stock To Buy Hand Over Fist
- Allstate's adjusted diluted EPS payout ratio will still be sustainable next year in the low-30% range. The property and casualty insurer's consolidated revenue and adjusted diluted EPS are both up double-digits year-to-date year-over-year.
- 12/25/2021
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7 Boring Stocks to Buy to Protect Against the Speculative Fallout
- With the market appearing shaky as the Federal Reserve shifts policy, here are the best boring stocks to buy for an unpredictable 2022. The post 7 Boring Stocks to Buy to Protect Against the Speculative Fallout appeared first on InvestorPlace.
- 12/22/2021
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Allstate vs. State Farm vs.
- GEICO has low rates, but established insurers like State Farm and Allstate provide good customer service and reasonable rates.
- 12/17/2021
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Allstate's 3rd-Quarter Results Reflect Changes in Driving Environment
- Allstate Corp. ( ALL , Financial) reported earnings for the third quarter and nine months ended Sept. 30 on Nov. 4.
- 12/02/2021
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Kiplinger Tags 7 Buyable Reliable Retiree December Dogs
- Kiplinger Investing periodically lists retirement tips. This 30 stock list is from two articles. One by Brian Bollinger, updated 5/7/21 and another by Deborah Yao, 4/30/21. The articles were titled '20 for 20 Retirement Years', and '10 Super-Safe Dividend Stocks'.
- 12/01/2021
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Allstate (ALL) on Track to Sell Property to Reduce Expenses
- Allstate (ALL) to divest part of its Northbrook, IL property to warehouse builder Dermody Properties to cut down on expenses.
- 11/30/2021
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Allstate (ALL) Announces Quarterly Dividend: Worth a Look?
- Despite Allstate's (ALL) moves to boost shareholder values, high debt burden and declining profits are concerning.
- 11/22/2021
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The Market Is Running From This Value Stock: Should You Buy It?
- Allstate's stock skidded after its third-quarter report, which opens a buying opportunity for long-term investors.
- 11/19/2021
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Relative Strength Alert For Allstate
- But making Allstate an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of ALL entered into oversold territory, changing hands as low as $115.80 per share.
- 11/04/2021
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Allstate (ALL) Q3 Earnings Miss Estimates, Revenues Up Y/Y
- Allstate's (ALL) third-quarter results hurt by weak underwriting results, elevated catastrophe losses, and higher costs and expenses, partly offset by sound revenue growth.
- 11/04/2021
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What's in the Offing for Allstate (ALL) in Q3 Earnings?
- Allstate's (ALL) third-quarter earnings are likely to have suffered catastrophe losses, partly offset by better premiums.
- 11/02/2021
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Kiplinger Reports Six Buyable Reliable Retiree Stocks For November
- Kiplinger Reports Six Buyable Reliable Retiree Stocks For November
- 10/31/2021
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Allstate Continues To Look Attractive
- Allstate Continues To Look Attractive
- 10/20/2021
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7 A-Rated Dividend Stocks to Buy for Q4
- These are among the best dividend stocks to buy for Q4. Each has an A-rating in Dividend Grader, including OMC stock and SNA stock.
- 10/20/2021
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Allstate to Discuss Third Quarter 2021 Earnings With Investors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Nov. 4, 2021, to discuss third quarter 2021 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, Nov. 3. To view Allstate's quarterly results after their filing, including the earnings release and investor supplement, visit
- 10/05/2021
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Dividend Champion And Contender Highlights: Week Of September 26
- A weekly summary of dividend activity for Dividend Champions and Contenders.
- 09/26/2021
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Allstate CHRO details why the insurance leader is betting big on workforce technology
- Carrie Blair, the EVP and CHRO of Allstate, told Insider how the insurance leader has calibrated its technological capabilities over the past year.
- 09/24/2021
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Allstate Pledging Largest NIL Payment to College Football Players for Outstanding Community Impact
- NORTHBROOK, Ill., Sept. 24, 2021 /PRNewswire/ -- Allstate (NYSE: ALL) is pledging $1 million to honor the Allstate AFCA Good Works Team, as well as their non-profits of choice, for their remarkable commitment to community service.
- 09/24/2021
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5 Buffett-Munger Stocks Trading at Attractive GF Values
- According to the Buffett-Munger Screener, one of several predefined screens available to GuruFocus Premium members, five stocks with good business fundamentals and are trading at attractive GF Values are Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), Usana Health Sciences Inc. ( USNA , Financial), La-Z-Boy Inc. ( LZB , Financial), Credit Acceptance Corp. ( CACC , Financial) and Allstate Corp. ( ALL , Financial).
- 09/22/2021
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Why Allstate (ALL) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/17/2021
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Allstate (ALL) Suffers Catastrophe Loss From Hurricane Ida
- Hurricane Ida that struck Louisiana induces a massive loss of $876 million for Allstate (ALL).
- 09/16/2021
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You're In Goods Hand With Allstate
- We expect Allstate to benefit over the next few years from the “transformative growth plan” currently underway.
- 09/16/2021
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Why Is Allstate (ALL) Up 4.7% Since Last Earnings Report?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 09/03/2021
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7 Overvalued Stocks to Sell to Invest Like Michael Burry
- When Michael Burry speaks about overvalued stocks, you should pay attention even if you don't agree with his thesis. The post 7 Overvalued Stocks to Sell to Invest Like Michael Burry appeared first on InvestorPlace.
- 09/01/2021
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5 Insurance Stocks To Watch In The Wake Of Hurricane Ida
- On Sunday, Hurricane Ida rushed ashore Louisianna on the 16-year anniversary of Hurricane Katrina. The 2005 storm took the lives of 1,800 people and caused more than $100 billion in damage, $40 billion of which were reported as insured property damage.
- 08/30/2021
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Allstate Announces Preferred Stock Dividends
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from July 15, 2021, through Oct. 14, 2021. All the preferred dividends are payable in cash on Oct. 15, 2021, to stockholders of record at the close of business on Sept. 30, 2021, as follows: Series Annual Dividend Rate Quarterly Amount Per Depositary Share Series G 5.625% $0.3515625 Series H 5.100%
- 08/25/2021
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Indexes Follow Up On Reversal With Strong Gains; Semiconductors, T J X, And Allstate In Focus
- Indexes follow up on reversal with strong gains; semiconductors, T J X, and Allstate in focus. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 08/23/2021
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10 Dividend Growth Stocks For August 2021
- This monthly series ranks a selection of dividend growth stocks in Dividend Radar and presents the ten top-ranked stocks for consideration.
- 08/15/2021
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Here's Why Allstate (ALL) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 08/12/2021
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3 Insurance Stocks Worth Betting on Now for Solid Gains
- These insurance stocks are set to gain from a strengthening economy and higher insurance premium rates.
- 08/11/2021
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Insurance ETFs Gain on Solid Q2 Earnings
- Performance of the insurance industry has been strong this reporting cycle, with the leading players posting robust earnings.
- 08/10/2021
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Sane Portfolio Advanced 47% Last Year
- Most of my clients want medium-risk portfolios. A few tilt more to the conservative side.
- 08/09/2021
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Allstate (ALL) Q2 Earnings Beat Estimates on Revenue Growth
- Allstate (ALL) Q2 earnings gain from higher premium, partly offset by wider non-catastrophe losses.
- 08/06/2021
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The Allstate Corporation (ALL) CEO Tom Wilson on Q2 2021 Results - Earnings Call Transcript
- The Allstate Corporation (ALL) CEO Tom Wilson on Q2 2021 Results - Earnings Call Transcript
- 08/05/2021
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Allstate Delivers Strong Performance as Economic Activity Increases
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2021. The Allstate Corporation Consolidated Highlights Three months ended June 30, Six months ended June 30, ($ in millions, except per share data and ratios) 2021 2020 % / pts Change 2021 2020 % / pts Change Consolidated revenues $ 12,646 $ 10,403 21.6 $ 25,097 $ 20,269 23.8 Net income applicable to common shareholders 1,595 1,224 30.3 1
- 08/04/2021
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Allstate and PulteGroup Show Value Plus Growth
- In a romantic partner, would you prefer good looks or intelligence?
- 08/02/2021
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7 Value Stocks to Buy Ahead of Possible Interest Rate Hikes
- If high inflation continues, higher interest rates could soon follow. These seven value stocks may see a boost if that happens.
- 07/22/2021
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Will Catastrophe Losses Hurt Allstate's (ALL) Q2 Margins?
- Allstate (ALL) to sustain weather-related losses for the second quarter but profitability is unlikely to be affected.
- 07/19/2021
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Why the Earnings Surprise Streak Could Continue for Allstate (ALL)
- Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/19/2021
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Allstate Announces Quarterly Dividend
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved a quarterly dividend of 81 cents on each outstanding share of the corporation's common stock, payable in cash on Oct. 1, 2021, to stockholders of record at the close of business on Aug. 31, 2021. “This is consistent with the prior two quarters and is 50% higher than the prior year reflecting the board's confidence in Allstate's capital position and earnings prospects,
- 07/15/2021
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3 P&C Insurers That Have Outperformed S&P 500 YTD
- Three stocks, ALL, HCI and MCY, have outperformed the Property and Casualty Insurance industry, the benchmark index as well as the Finance sector year to date.
- 07/09/2021
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Top Piotroski-Graham Long-Term Value Stocks: July 2021 Semi-Annual Selections
- These value picks mark the 21st portfolio formed since 2017 to evaluate the top-rated one-year buy/hold models of the Joseph Piotroski & Benjamin Graham value algorithms. The past 6 value portfolios have returned: Jan 2021 +42.4%, Jul 2020 +50.4%, Mar 2020 +22.2%, Jan 2020 +2.8%, Nov 2019 -7.2%, and Sep 2019 +39.8%.
- 07/05/2021
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Should Value Investors Buy Allstate (ALL) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/30/2021
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Allstate to Discuss Second Quarter 2021 Earnings With Investors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, August 5, 2021, to discuss second quarter 2021 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, August 4. To view Allstate's quarterly results after their filing, including the earnings release and investor supplement, v
- 06/29/2021
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Invest in These Insurance Stocks to Boost Your Portfolio in 2H
- We have shortlisted stocks like ALL, NMIH, Y, AIZ, ORI, PRU, AFL to enhance your portfolio for second-half of 2021 given their solid fundamentals.
- 06/25/2021
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ALL or CINF: Which P&C Insurance Industry Stock Has an Edge?
- Let's see how Allstate (ALL) or Cincinnati Financial (CINF) fare in terms of some of the key metrics.
- 06/24/2021
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Reuters Events: Allstate seeks more agents, but not as 'human modems'
- Allstate Corp wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate Chief Executive Tom Wilson told Reuters on Wednesday.
- 06/23/2021
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5 Stocks Flying High Following Recent Upgrade by Analysts
- Broker-friendly stocks like Caleres (CAL), Boise Cascade (BCC), Best Buy (BBY), Chico's FAS (CHS) and The Allstate Corporation (ALL) currently represent lucrative investment options.
- 06/22/2021
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S&P 500 Companies With The Most Misleading Street Earnings
- Most investors are not aware that Street Earnings suffer from significant flaws when compared to Core Earnings.
- 06/22/2021
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Allstate (ALL) to Incur $598 Million Loss in April and May
- Despite more than half a billion of catastrophe loss, Allstate's (ALL) underwriting margins are likely to do well.
- 06/18/2021
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7 Insurance Stocks to Bet on Even As Fed Keeps Rates Unchanged
- In a low interest rate environment, insurers like ALL, MET, HUM, MFC, ORI, HMN, HCI are best investment bets given their fundamental strength.
- 06/17/2021
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Carl Icahn Owns Allstate Stock: Should You?
- The billionaire activist investor has a $400 million stake in the insurer.
- 06/17/2021
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Is Allstate (ALL) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/14/2021
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Should Value Investors Now Choose Allstate Corp (ALL) Stock?
- Let's see if Allstate Corp (ALL) stock is a good choice for value-oriented investors right now from multiple angles.
- 06/11/2021
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Adding Allstate: High Dividend, Low Payout Ratio, Stable Business
- After looking at Allstate's performance, I started a position in the company in April. The insurance metrics with P&C have historically been great, but the past year has seen a record low combined ratio.
- 06/09/2021
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Will Allstate's (ALL) SafeAuto Purchase Aid Its Motor Business?
- The acquisition of SafeAuto will capitalize on Allstate's (ALL) earlier buyout of National General and enlarge its share in the Auto insurance market.
- 06/02/2021
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SafeAuto Insurance agrees to join Allstate
- COLUMBUS, Ohio, June 1, 2021 /PRNewswire/ -- SafeAuto has agreed to be acquired by The Allstate Corporation (NYSE: ALL) through Allstate subsidiary National General. SafeAuto will add capabilities and distribution with its 24 hour, 7 days a week customer contact centers at 1-800-SafeAuto and its website.
- 06/01/2021
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Allstate agrees to buy low-cost insurance carrier SafeAuto
- Allstate Corp. said late Tuesday it has agreed to buy SafeAuto for about $300 million, including $270 million cash and about $30 million in pre-close dividends of some non-insurance assets. Privately held SafeAuto of Columbus, Ohio, provides state-minimum private-passenger auto insurance with coverage options in 28 states, the company said.
- 06/01/2021
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Allstate Leverages National General Platform to Grow Personal Property-Liability
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has agreed to acquire SafeAuto, a non-standard auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. Total consideration includes a $270 million cash purchase price plus approximately $30 million in pre-close dividends of certain non-insurance assets. SafeAuto, a privately held company headquartered in Columbus, Ohio, will add capabilities and distribu
- 06/01/2021
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Allstate (ALL) Scales 52-Week High: Any Upside Potential Left?
- Allstate's (ALL) long-haul strategies catch eminent investor Carl Icahn's attention.
- 05/27/2021
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MasTec, Allstate And Lear: Stick With These 3 Long Ideas Post 1Q21 Earnings
- MasTec, Allstate And Lear: Stick With These 3 Long Ideas Post 1Q21 Earnings
- 05/27/2021
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Here Are 2 Great Ways to Make an Investment in Online Betting Less Risky
- Sometimes a larger playing field is what it takes to score.
- 05/27/2021
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Carl Icahn holds about $400 million stake in Allstate - WSJ
- Activist investor Carl Icahn holds a roughly $400 million, or 1%, stake in insurer Allstate Corp, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
- 05/26/2021
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Icahn Confirms Allstate Stake, Likes What They're Doing
- May.26 -- Billionaire investor Carl Icahn, CEO of Icahn Capital, confirms he owns a stake in Allstate because it was undervalued. He speaks during an interview on "Bloomberg Markets: The Close.
- 05/26/2021
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Allstate Publishes 19th Sustainability Report
- NORTHBROOK, Ill., May 26, 2021 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) has published its 19th Sustainability Report, highlighting progress in addressing climate change, improving Inclusive Diversity & Equity, enhancing culture and responding to the pandemic.
- 05/26/2021
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Allstate Returns Cash to Shareholders through Dividends
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced today that its board of directors has approved common and preferred quarterly dividends. “Allstate's financial strength continues to create value for investors, and our quarterly common stock dividend reflects continued confidence in our future earnings potential,” said Mario Rizzo, Allstate's Chief Financial Officer. Common Stock Dividends Allstate declared a quarterly dividend of 81 cents on each outstanding sha
- 05/25/2021
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MasTec, Allstate, & Lear: Stick With These 3 Long Ideas Post 1Q21 Earnings
- After 1Q21 earnings, we still love these three Long Ideas that have excellent profit growth opportunities and attractive risk/reward.
- 05/25/2021
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Will Allstate's (ALL) April Cat Loss be a Cause for Concern?
- Allstate's (ALL) catastrophe losses might dent its profitability but the company's wide growth measures should support results.
- 05/21/2021
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Monthly Review Of DivGro: April 2021
- Monthly Review Of DivGro: April 2021
- 05/18/2021
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Buy This Undervalued Stock Before the Market Discovers It
- Despite gaining more than 50% over the past few months, Allstate's stock still looks super cheap.
- 05/15/2021
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4 Buffett-Munger Stocks to Consider for May
- According to the Buffett-Munger Screener, a Premium GuruFocus value screener, four stocks meeting Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)'s four-criterion investing approach as of Monday include Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), Allstate Corp. ( ALL , Financial), Group 1 Automotive Inc. ( GPI , Financial) and Sleep Number Corp. ( SNBR , Financial).
- 05/10/2021
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The Allstate's (ALL) CEO Tom Wilson on Q1 2021 Results - Earnings Call Transcript
- The Allstate's (ALL) CEO Tom Wilson on Q1 2021 Results - Earnings Call Transcript
- 05/06/2021
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Allstate (ALL) Earnings Top Estimates in Q1, Revenues Up Y/Y
- Allstate's (ALL) first-quarter results indicate uptick in revenues and strong underwriting results, partly offset by high costs and expenses.
- 05/06/2021
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Allstate, Booking, CyberArk, Hilton and More Thursday Afternoon Analyst Calls
- With the trading day about halfway over, the broad markets were somewhat mixed. The Dow Jones industrial average and S&P 500 each posted a handy gain, while the Nasdaq was barely in the red.
- 05/06/2021
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Allstate's Strategic Actions Increase Growth and Returns
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2021. The Allstate Corporation Consolidated Highlights Three months ended March 31, ($ in millions, except per share data and ratios) 2021 2020 % / pts Change Consolidated revenues $ 12,451 $ 9,866 26.2 Net (loss) income applicable to common shareholders (1,408 ) 513 NM per diluted common share (4.60 ) 1.59 NM Adjusted net income* 1,871 1,202 55.7 p
- 05/05/2021
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The Allstate Corporation Announces Availability of First Quarter 2021 Results
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended March 31, 2021. You can find the Form 8-K, including the earnings release and investor supplement, as well as the quarterly Form 10-Q, on the company's page at sec.gov. This quarter, Allstate is also publishing a reinsurance update on its website. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com. The Alls
- 05/05/2021
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What's in Store for Allstate (ALL) This Earnings Season?
- Allstate's (ALL) earnings as well as revenues are expected to have improved year over year in Q1.
- 05/04/2021
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Allstate Stock Surges to Fresh Pre-Earnings Peak
- The Allstate Corporation (NYSE:ALL) is an American insurance company with operations in Canada as well.
- 05/03/2021
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The Allstate Corp (ALL) is Overbought: Is A Drop Coming?
- The Allstate Corporation (ALL) has moved higher as of late, but there could definitely be trouble on the horizon for this company
- 04/29/2021
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The Old Faithful Screen Has Lived Up to Its Name
- I've never seen the Old Faithful Geyser in Yellowstone National Park, but I'm grateful to it.
- 04/26/2021
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6 Insurance Stocks Poised to Surpass Q1 Earnings Estimates
- Better pricing, higher underlying underwriting gain, improved combined ratio, exposure growth, redesigning of products and sturdy capital position are expected to help the insurance industry players.
- 04/23/2021
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Allstate (ALL) Catastrophe Losses to be Lowered by Reinsurance
- Allstate (ALL) is likely to incur losses of $1.67 billion for the first quarter of 2021. This will, however, be offset by $1.08 billion of subrogation recoveries and anticipated reinsurance.
- 04/16/2021
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Allstate Announces March and First Quarter 2021 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated pre-tax catastrophe losses for the month of March of $252 million, $54 million after-tax and anticipated reinsurance recoveries. Catastrophe losses in March comprised six events at an estimated cost of $208 million, plus increased prior period reserve estimates of $44 million. One large wind/hail event accounted for approximately 55% of March estimated catastrophe losses. The nationwide aggregate r
- 04/15/2021
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6 Insurers Set to Outperform Estimates This Earnings Season
- Better pricing, exposure growth, redesigning of products and sturdy capital are expected to help Allstate, Cincinnati Financial, Manulife, Primerica, Cigna, Unum Group outperform Q1 earnings estimates.
- 04/14/2021
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A Trio of Large-Cap Graham Stocks to Consider
- One way to uncover value opportunities is to look for stocks that are trading below their Graham Number, as such stocks could be trading at discount to their intrinsic value. The Graham Number is calculated as the square root of "earnings per share times book value per share times 22.5.
- 04/13/2021
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Allstate Provides Portfolio Ballast In A Low-Yield Market
- ALL has a 2.8% dividend yield and 14.6% 5-year dividend growth rate. The valuation is moderate and the payout ratio is low.
- 04/02/2021
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AllState CEO Tom Wilson on giving employees' time off for vaccine appointments
- AllState CEO Tom Wilson joins CNBC's "Squawk on the Street" team discusses AllState's announcement that it will allow employees to take paid time off for vaccine appointments.
- 04/01/2021
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Allstate to Discuss First Quarter 2021 Earnings
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, May 6, 2021, to discuss first quarter 2021 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, May 5. To view Allstate's quarterly results after their filing, including the earnings release and investor supplement, go to ww
- 04/01/2021
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Allstate (ALL) to Totally Sell Off Life and Annuity Units
- Allstate's (ALL) divestiture of ALNY is indicative of its efforts to boost focus on high-growth areas of personal Property-Liability and Protection Services businesses.
- 03/30/2021
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5 Guru Stocks Expected to Boost Earnings
- According to the GuruFocus All-in-One Screener, a Premium feature, as of March 29, the following guru-held companies have positive future earnings estimates from Morningstar analysts.
- 03/29/2021
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Allstate expects to book $4 billion loss from exit of annuity, life businesses
- Allstate expects to book $4 billion loss from exit of annuity, life businesses
- 03/29/2021
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Allstate Completes Exit of Life and Annuity Businesses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has agreed to a transaction in which Wilton Re will pay $220 million to acquire Allstate Life Insurance Company of New York (ALNY). The transaction is expected to close in the second half of 2021, subject to regulatory approval and other closing conditions. This transaction, along with the previously announced agreement to sell Allstate Life Insurance Company (ALIC) and certain affiliates to entities managed by Blackstone,
- 03/29/2021
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Allstate expects to book $4 billion loss from exit of annuity, life businesses
- Allstate expects to book $4 billion loss from exit of annuity, life businesses
- 03/29/2021
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5 Predictable Stocks With a Margin of Safety
- According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of March 25.
- 03/25/2021
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Allstate (ALL) Rides on Business Streamlining, Focus on Digital
- Allstate (ALL) gains from business streamlining, investment in technology and long-term growth strategies.
- 03/25/2021
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Allstate Stock Is Believed To Be Fairly Valued
- The stock of Allstate (NYSE:ALL, 30-year Financials) shows every sign of being fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.
- 03/23/2021
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Allstate (ALL) Provides February Catastrophe Loss Estimates
- Allstate (ALL) anticipates suffering catastrophe losses worth $577 million pretax ($456 million after tax) for the month of February.
- 03/19/2021
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5 Financial Companies Boosting Book Value
- According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned financial stocks have grown their book value per share over the past decade through March 19.
- 03/19/2021
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Allstate Announces February 2021 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of February of $577 million, pre-tax ($456 million, after-tax). Catastrophe losses in February comprised two events at an estimated cost of $590 million, pre-tax ($466 million, after-tax), partially offset by favorable prior period reserve reestimates. The severe winter freeze, primarily impacting Texas, resulted in gross losses of approximately $1.3 billion, with n
- 03/18/2021
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NXP Semiconductors, Penn National Gaming, Generac Holdings and Caesars Entertainment Set to Join S&P 500; Others to Join S&P MidCap 400, S&P SmallCap 600 and S&P 100
- NEW YORK, March 12, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 to ensure each index is more representative of its market capitalization range. The changes will be effective prior to the open of trading on Monday, March 22, 2021 to coincide with the quarterly rebalance: NXP Semiconductors NV (NASD:NXPI) will replace Flowserve Corp. (NYSE:FLS) in the S&P 500, Flowserve will replace Edgewell Personal Care Co. (NYSE:EPC) in the S&P MidCap 400, and Edgewell Personal Care will replace Exterran Corp. (NYSE:EXTN) in the S&P SmallCap 600.
- 03/12/2021
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7 of the Best Value Stocks on the Market Today
- Value stocks have come back into focus as the U.S. economy recovers from the global pandemic and volatility shakes stock markets around the world. In this article, we look at seven of the best value stocks available today.
- 03/12/2021
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Allstate (ALL) Up 2.1% Since Last Earnings Report: Can It Continue?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 03/05/2021
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Allstate Announces Preferred Stock Dividends
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from Jan. 15, 2021, through April 14, 2021. All the preferred dividends are payable in cash on April 15, 2021, to stockholders of record at the close of business on March 31, 2021, as follows: Series Annual Dividend Rate Quarterly Amount Per Depositary Share Series G 5.625% $0.3515625 Series H 5.100
- 03/03/2021
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Value Could Be a Huge 2021 Rotation Winner: 4 Dividend Stocks to Buy Now
- The chatter about the 2021 change on Wall Street is getting louder, and we saw it last week as it was clear that the rotation trade is in full swing as the move to cyclical stocks, value and small caps continued.
- 03/02/2021
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Root: Share Price Halving Since IPO Means Potential Bargain
- Root: Share Price Halving Since IPO Means Potential Bargain
- 03/01/2021
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Dividend Champions For March 2021
- Monthly update of the Dividend Champions List.
- 03/01/2021
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Dividend Increases: February 20-26, 2021
- Dividend Increases: February 20-26, 2021
- 02/28/2021
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7 Vastly Undervalued Stocks to Hop on Today
- If you think the growth trade is fading away on Wall Street, then here are some of the most promising, undervalued stocks to consider. The post 7 Vastly Undervalued Stocks to Hop on Today appeared first on InvestorPlace.
- 02/23/2021
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Allstate (ALL) Rewards Shareholders With 50% Dividend Hike
- Allstate's (ALL) recent dividend hike is indicative of the company's robust financial standing and commitment to enhance shareholders' value.
- 02/23/2021
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Allstate CFO to Present at Raymond James Annual Institutional Investors Conference 2021
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Mario Rizzo, Chief Financial Officer, will present at the virtual Raymond James & Associates 42nd Annual Institutional Investors Conference at 11:40 a.m. EST on Monday, March 1. A webcast of the presentation can be accessed at www.allstateinvestors.com, where a replay will be posted in the executive speeches section shortly after the pres
- 02/23/2021
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7 Property and Casualty Insurers to Watch as Pricing Improves
- 7 Property and Casualty Insurers to Watch as Pricing Improves
- 02/22/2021
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Daily Dividend Report: Allstate, Abbott, Westlake Chemical, Chemed, Leidos Holdings
- The Allstate board of directors has approved a quarterly dividend of $0.81 cents on each outstanding share of the corporation's common stock, payable in cash on April 1, 2021, to stockholders of record at the close of business on March 4, 2021. This represents a 50% increase from the dividend declared in the previous quarter.
- 02/22/2021
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Allstate boosts dividend by 50%, to yield more than double the S&P 500
- Shares of Allstate Corp. rose 0.2% in morning trading Monday, after the property and casualty insurer said it was raising its dividend by 50%, to 81 cents a share from 54 cents. The new dividend will be payable April 1 to shareholders of record on March 4.
- 02/22/2021
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Allstate Increases Quarterly Dividend by 50%
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) board of directors has approved a quarterly dividend of $0.81 cents on each outstanding share of the corporation's common stock, payable in cash on April 1, 2021, to stockholders of record at the close of business on March 4, 2021. This represents a 50% increase from the dividend declared in the previous quarter. Allstate's history of excellent operating results has supported investments in growth and cash returns to shareh
- 02/22/2021
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This Startup Is Attempting to Disrupt the Auto Insurance Industry
- Root is looking to shake up the industry with plans to eliminate credit scores from its pricing models entirely by 2025.
- 02/19/2021
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A Trio of Stock Picks With a Low Shiller Price-Earnings Ratio
- Screening for stocks with compelling Shiller price-earnings ratios increases the likelihood of unearthing value opportunities, in my opinion. Thus, investors may want to consider the three stocks listed below, as their Shiller price-earnings ratios are trading lower than the S&P 500 Index's historical average of 16.78 as of Feb. 12.
- 02/14/2021
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Should Value Investors Be Watching Travelers?
- After a tough year for the insurance industry, Travelers looks like a good value in 2021.
- 02/12/2021
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Tom Gayner's Top 5 Trades of the 4th Quarter
- Guru establishes 2 new positions, but major trades were in existing holdings
- 02/08/2021
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Allstate CEO to Present at Bank of America Securities Conference 2021
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, Chair, President and CEO, will present at the virtual Bank of America Securities Conference at 11:30 a.m. EST on Wednesday, Feb. 10. A webcast of the presentation can be accessed at www.allstateinvestors.com, where a replay will be posted in the executive speeches section shortly after the presentation ends. Financial information,
- 02/05/2021
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The Allstate Corporation (ALL) CEO Tom Wilson on Q4 2020 Results - Earnings Call Transcript
- The Allstate Corporation (ALL) CEO Tom Wilson on Q4 2020 Results - Earnings Call Transcript
- 02/04/2021
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Allstate's (ALL) Q4 Earnings and Revenues Beat Estimates
- Allstate's (ALL) Q4 results reflect growth in earnings and revenues along with lower expenses.
- 02/04/2021
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Allstate Delivers Attractive Returns
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2020. The Allstate Corporation Consolidated Highlights Three months ended December 31, Twelve months ended December 31, ($ in millions, except per share data and ratios) 2020 2019 % / pts Change 2020 2019 % / pts Change Consolidated revenues $ 12,018 $ 11,472 4.8 $ 44,791 $ 44,675 0.3 Net income applicable to common shareholders 2,598 1,707 5
- 02/03/2021
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Allstate (ALL) Q4 Earnings and Revenues Surpass Estimates
- Allstate (ALL) delivered earnings and revenue surprises of 53.66% and 4.28%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2021
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The Allstate Corporation Announces Availability of Fourth Quarter 2020 Results
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has filed its financial results for the quarter ended Dec. 31, 2020, on its current report on Form 8-K. The 8-K, including the earnings release and investor supplement, are on the company's page at sec.gov. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com. The company plans to file its 2020 annual report on Form 10-K with the SEC later this month. The Allstate Corporation will h
- 02/03/2021
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Allstate, Cirrus Logic, EA, Zillow and More Tuesday Afternoon Analyst Calls
- With the trading day more than halfway over, the broad markets were pushing much higher on Tuesday.
- 02/02/2021
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Home Depot (HD) & Allstate to Provide Enhanced Protection Plan
- Home Depot (HD) and Allstate launch a protection plan to provide quick repair services for products. This will provide more confidence in Home Depot's products.
- 02/02/2021
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Why Allstate (ALL) Might Surprise This Earnings Season
- Allstate (ALL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/02/2021
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Will Increase in Premiums Aid Allstate (ALL) Earnings in Q4?
- Higher premiums are likely to aid Allstate's (ALL) Q4 results, partly offset by catastrophe loss and other expenses.
- 01/29/2021
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Allstate Announces Agreement to Sell Allstate Life Insurance Company
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by Blackstone for $2.8 billion. ALIC holds approximately 80% (or $23 billion) of Allstate's life and annuity reserves and generated net income of $467 million in 2019 and a net loss of $23 million in the first nine months of 2020. The transaction is subject to regulatory approval with an expected closing in the second half of 2021. “Allstate is de
- 01/26/2021
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7 Undervalued Stocks That Could Perk Up Under Democratic Leadership
- These undervalued stocks are well positioned for 2021 under the Biden administration and deserve a look from investors seeking sale prices. The post 7 Undervalued Stocks That Could Perk Up Under Democratic Leadership appeared first on InvestorPlace.
- 01/22/2021
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The Good And Bad: Allstate Corp & Avient Corp
- See two of the featured stocks from this month's model portfolios.
- 01/20/2021
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Are Investors Undervaluing Allstate (ALL) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/18/2021
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5 P&C Insurers Poised to Beat Estimates This Earnings Season
- Better pricing and underwriting practice, exposure growth and sturdy capital are expected to help these insurers outperform Q4 earnings estimates.
- 01/15/2021
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In Good Hands With Allstate
- Allstate has a history of high quality insurance metrics, with a combined ratio in 2019 of 92%. Unlike many other companies, 2020 has been a relatively good year for the firm.
- 01/15/2021
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The Allstate Corporation Makes For A Solid Play
- The Allstate Corporation has done really well to grow in recent years, particularly when it comes to cash flow. On the whole, the business is appealing, but its shares are trading at a nice multiple.
- 01/14/2021
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Why Allstate (ALL) is Poised to Beat Earnings Estimates Again
- Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/13/2021
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Allstate Has So Much Going For It Today
- ALL has rallied hard in recent weeks. However, the stock is still far too cheap.
- 01/13/2021
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These 3 Value Stocks Are Absurdly Cheap Right Now
- Investors have collectively made some misguided assumptions about the condition these companies are actually in.
- 01/13/2021
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4 Stocks to Gain on Expected Recovery in Insurance Sector
- A steepening yield curve and an expected increase in insurance premium prices bode well for the U.S. insurance industry, making it prudent to invest in names like Primerica (PRI) and Markel (MKL)
- 01/11/2021
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Allstate to Discuss Fourth Quarter 2020 Earnings With Investors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 4, 2021, to discuss fourth quarter 2020 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, Feb. 3. To view Allstate's quarterly results after their filing, including the earnings release and investor supplement, visit
- 01/08/2021
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Allstate's (ALL) Latest Buyout to Expand Personal Lines Business
- Allstate's (ALL) acquisition of National General to brace its foothold in the personal line business wherein the company already has a significant presence.
- 01/06/2021
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Allstate Closes Acquisition of National General Holdings Corp.
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced that it closed its $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a strong technology platform creating growth opportunities for them and Allstate. National General's acc
- 01/04/2021
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V&M Breakouts: Top Growth & Dividend Stocks For January 2021
- V&M Breakouts: Top Growth & Dividend Stocks For January 2021
- 01/03/2021
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Is Allstate (ALL) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/01/2021
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Allstate (ALL) Moves to Strong Buy: Rationale Behind the Upgrade
- Allstate (ALL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 12/29/2020
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5 of the Best Investments to Start 2021 With a Bang
- After a year no one will ever forget, it's time to take a look at five stocks that are the best investments to start 2021. The post 5 of the Best Investments to Start 2021 With a Bang appeared first on InvestorPlace.
- 12/29/2020
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Allstate Appoints Chief Sustainability Officer
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced that Susan L. Lees will become the company's first-ever Chief Sustainability Officer. Executive Vice President and General Counsel Rhonda Ferguson will take over Lees' previous roles as Chief Legal Officer and Secretary of the corporation. The changes are effective immediately. “This realignment of responsibilities is consistent with Susie's decision announced in August to focus on environmental, social and
- 12/17/2020
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Walmart, Disney, Hilton And 8 More Stocks Bank Of America's Experts Are Buying For 2021
- Reopening plays are among the stocks best-positioned to lead gains in their sectors, Bank of America analysts say.
- 12/17/2020
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Moving Average Crossover Alert: Allstate Corp (ALL)
- The Allstate Corporation (ALL) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- 12/16/2020
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3 Best Insurance Stocks to Buy Today
- Long-term investors may want to analyze these shares as they are several of the best insurance stocks to buy today. The post 3 Best Insurance Stocks to Buy Today appeared first on InvestorPlace.
- 12/10/2020
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Allstate CEO to Present at Goldman Sachs U.S. Financial Services Conference
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Tom Wilson, Chair, President and CEO, will present at the virtual Goldman Sachs U.S. Financial Services Conference at 10 a.m. EST on Wednesday, Dec. 9. A webcast of the presentation can be accessed at www.allstateinvestors.com, where a replay will be posted in the executive speeches section shortly after the presentation ends. Financial infor
- 12/02/2020
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Ramirez Among Firms in Allstate's Historic $1.2 Billion Bond Offering
- NEW YORK--(BUSINESS WIRE)--Samuel A. Ramirez & Co., was one of the joint bookrunners in last week's $1.2B corporate bond offering for The Allstate Corporation (NYSE: ALL)
- 11/30/2020
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The Allstate Corporation (ALL) CEO Tom Wilson on Q3 2020 Results - Earnings Call Transcript
- The Allstate Corporation (ALL) CEO Tom Wilson on Q3 2020 Results - Earnings Call Transcript
- 11/05/2020
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Allstate: Q3 EPS Strong Beat As Predicted, Shares Significantly Under Valued
- On October 23, I predicted a strong beat for Allstate's Q3 earnings. Allstate's Q3 earnings were announced post market November 4, and came in at $2.94, $1.18 above estimates.
- 11/05/2020
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Allstate Corp CEO eyes climate insurance plan under potential Biden win
- Allstate Corp wants a potential Democratic administration to back a taxpayer-funded program that would pay for losses caused by the largest climate-change fueled natural disasters, the Illinois-based insurer's chief executive said.
- 11/05/2020
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Allstate Delivers Strong Results and Advances Transformative Growth Plan
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the third quarter of 2020. The Allstate Corporation Consolidated Highlights Three months ended September 30, Nine months ended September 30, ($ in millions, except per share data and ratios) 2020 2019 % / pts Change 2020 2019 % / pts Change Consolidated revenues $ 11,500 $ 11,069 3.9 $ 32,773 $ 33,203 (1.3 ) Net income applicable to common shareholders 1,126 889 26.
- 11/04/2020
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Allstate: Q3 Earnings Insights
- Shares of Allstate (NYSE:ALL) increased 2.35% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 3.52% year over year to $2.94, which beat the estimate of $1.66.
- 11/04/2020
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Will Cat Losses and Expenses Mar Allstate (ALL) Q3 Earnings?
- Catastrophe losses, cost of operational improvements and the impact of low interest rates are likely to have ailed Allstate's (ALL) earnings in Q3.
- 11/02/2020
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5 Stocks To Own Regardless Of The Election
- What will happen to the stock market immediately following the election is as unknown today as the election results themselves. We think these five stocks offer excellent risk/reward across nearly any election outcome.
- 11/02/2020
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5 Election-Proof Stock Ideas Ahead Of Biden-Trump Decision
- The U.S. presidential election will likely be a major stock market catalyst. Traders are already trying to identify the best “Biden stocks” or “Trump stocks” that could rally depending on the election outcome.
- 10/30/2020
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Allstate Elects Donald Brown to Board of Directors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Donald Brown, Executive Vice President and Chief Financial Officer of NiSource (NYSE: NI) and President of NiSource Corporate Services, has been elected to Allstate's Board of Directors, effective Nov. 1. As of that date, the Allstate board will stand at 12 directors. “Donald brings financial expertise and an extensive background in leading shared services organizations. He will add to our board's strategic l
- 10/29/2020
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5 Election-Proof Stock Picks
- Investors have plenty of uncertainty to deal with as it is, and the upcoming presidential election is only adding to their worries. Lest we forget, as results came in on election night 2016, Dow futures fell 900 points.
- 10/29/2020
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Earnings Preview: Allstate (ALL) Q3 Earnings Expected to Decline
- Allstate (ALL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/28/2020
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Was The Smart Money Right About Betting On The Allstate Corporation (ALL)?
- Is The Allstate Corporation (NYSE:ALL) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. The top picks of these firms have historically outperformed the market when we account for known risk factors, making them very valuable investment ideas.
- 10/26/2020
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Allstate (ALL) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes?
- 10/22/2020
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The Allstate Co. (NYSE:ALL) Stock Position Increased by Louisiana State Employees Retirement System
- Louisiana State Employees Retirement System grew its stake in shares of The Allstate Co. (NYSE:ALL) by 17.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,900 shares of the insurance provider’s stock after buying an additional 2,400 shares during the quarter. Louisiana State […]
- 10/22/2020
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United States Motor Insurance Market Report 2020-2025: Top 5 Companies Hold More than 50% Market Share - ResearchAndMarkets.com
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Top Value Stocks For October
- One of the best ways investors can build a more diverse and stable portfolio that offers value is through investing in high-quality companies that are undervalued by market standards. Our AI algorithms have identified some of these standout value stocks for the month.
- 10/20/2020
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Allstate one of a select few property and casualty insurers to join CDP Supply Chain
- NORTHBROOK, Ill., Oct. 20, 2020 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) announced that it will be asking its suppliers to report emissions data in an effort to increase transparency in its supply chain. Allstate is requesting that its key suppliers begin reporting emissions...
- 10/20/2020
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Winners of Second Annual U.S. Transparency Awards Announced
- Labrador announces the 2020 U.S. Transparency Awards winners, comparing the efficacy of corporate disclosure documents of the top S&P 250 companie
- 10/20/2020
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Here's Why Hold Strategy is Apt for Allstate (ALL) Stock
- Allstate (ALL) continues to benefit from diversified product offerings and effective capital management strategies.
- 10/19/2020
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Will September Weather Events Dent Allstate's (ALL) Margins?
- Allstate (ALL) expects catastrophe losses from hurricanes and wildfires in September.
- 10/16/2020
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Allstate reports wildfire losses. Has Laura creep triggered recoveries? - Artemis.bm
- U.S. primary insurance giant Allstate has reported $339 million of pre-tax catastrophe losses for the month of September 2020, with the majority coming
- 10/16/2020
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Wells Fargo Maintains a Hold Rating on Allstate (ALL) - Markets
- In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Allstate (ALL – Research Report).
- 10/15/2020
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Allstate Announces September and Third Quarter 2020 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $339 million, pre-tax ($268 million, after-tax). Catastrophe losses in September included 20 events at an estimated cost of $293 million, pre-tax ($231 million, after-tax), plus unfavorable reserve reestimates. Eleven wildfire events across California, Oregon and Washington accounted for approximately 65% of September estimated catastrophe losses. Un
- 10/15/2020
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Tiaa Fsb Reduces Stock Holdings in The Allstate Co. (NYSE:ALL)
- Tiaa Fsb decreased its stake in The Allstate Co. (NYSE:ALL) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,141 shares of the insurance provider’s stock after selling 653 shares during the quarter. Tiaa Fsb’s holdings in The Allstate were worth $1,990,000 […]
- 10/15/2020
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The Allstate Co. (NYSE:ALL) Receives $114.73 Average Price Target from Analysts
- The Allstate Co. (NYSE:ALL) has earned an average recommendation of “Buy” from the sixteen research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on […]
- 10/15/2020
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Allstate Announces September and Third Quarter 2020 Catastrophe Losses
- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $339 million, pre-tax ($268 million, a
- 10/15/2020
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Indiana Court: Allstate Liable in Fatal Crash Because Victim Was a 'Resident Relative'
- The Indiana Supreme Court has ruled that Allstate must pay $25,000 in uninsured motorist benefits to the estranged husband of a woman who died while
- 10/14/2020
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JPMorgan, Citigroup Signal That Economy Isn’t Out of the Woods
- Both banks reported better-than-expected results, but JPMorgan CEO James Dimon said the U.S. needs another coronavirus-relief package.
- 10/13/2020
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K-Shaped Recovery: A “V” For Some But Not For Most
- Stocks Analysis by Lance Roberts covering: S&P 500, General Motors Company, Microsoft Corporation, Walt Disney Company. Read Lance Roberts's latest article on Investing.com
- 10/12/2020
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6 Property and Casualty Insurance Stocks to Watch Amid Catastrophes
- 6 Property and Casualty Insurance Stocks to Watch Amid Catastrophes
- 10/09/2020
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Allstate Announces Transformative Growth Plan, To Incur Costs
- Business-transformation charges and low interest rates are likely to drag Allstate's (ALL) underwriting margins.
- 10/02/2020
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US hiring likely slowed in September for 3rd straight month
- A critical snapshot of the job market and the economy to be released Friday is expected to show a further deceleration in hiring as the nation’s viral caseload creeps higher just as financial aid from the government has faded
- 10/02/2020
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Coronavirus update: Global case tally above 34 million — with U.S. accounting for a fifth — as Dr. Fauci hits back at Trump’s mask claim
- The number of confirmed cases of the coronavirus that causes COVID-19 worldwide rose above 34 million on Thursday with the U.S. accounting for about a fifth...
- 10/01/2020
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Consumer Spending Rose in August, but Incomes Pose Hurdle for U.S. Recovery
- U.S. household income fell sharply in late summer while worker layoffs remained high, developments that could weigh on an already-slowing recovery from the coronavirus pandemic.
- 10/01/2020
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Allstate Layoffs 2020: Thousands Cut Under Cost-Saving Restructuring Plan
- Allstate said the layoffs would primarily affect its claims, sales, services, and support units.
- 10/01/2020
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Incomes Starting to Buckle as Federal Support Fades
- The boost that government support was providing to the balance sheets of many Americans has demonstrably begun to fade, challenging the economy’s ability to recover, unless something changes quickly.
- 10/01/2020
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Allstate and Lyft Partner to Protect Drivers in Eight States
- NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire via COMTEX/ --
NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been...
- 10/01/2020
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Market movers: Stocks that saw action on Thursday - and why
- A roundup of some of the North American equities making moves in both directions today
- 10/01/2020
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Restructuring, real estate exit costs & low interest rates to dent Allstate in Q3 - Reinsurance News
- The Allstate Corporation has warned of a restructuring charge of approximately $290 million (pre-tax) to be recognised in the final two quarters of the
- 10/01/2020
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Allstate and Lyft Partner to Protect Drivers in Eight States
- NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been selected to provide commercial auto coverage to Lyft in California, Iowa, Indiana, Kansas, Kentucky, Missouri, Ohio and West Virginia, effective today, October 1. "Peoples' needs change quickly...
- 10/01/2020
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Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan
- The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its
- 10/01/2020
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Goldman Sachs, Allstate Join Other Companies Announcing Layoffs
- The job cuts come as talks on another stimulus package was stalled in Congress.
- 09/30/2020
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Allstate to lay off employees, close offices in restructuring plan
- Allstate Corp. undefined will lay off employees and close offices in a restructuring plan expected to cost the company nearly $300 million, mostly incurred...
- 09/30/2020
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Allstate Advances Transformative Growth Plan
- The Allstate Corporation (NYSE: ALL) today provided detail on the impacts of its multi-year Transformative Growth Plan and record low interest rates on third...
- 09/30/2020
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Allstate to lay off employees, close offices in restructuring plan
- Allstate Corp. ALL, +0.74% will lay off employees and close offices in a restructuring plan expected to cost the company nearly $300 million, mostly incurred in the third quarter. The goal is to increase Allstate's share in the personal property and liability market "by expanding customer access, improving customer value and investing in marketing and technology," the company said in a statement.
- 09/30/2020
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Allstate Advances Transformative Growth Plan
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today provided detail on the impacts of its multi-year Transformative Growth Plan and record low interest rates on third quarter earnings. The goal of the Transformative Growth Plan is to increase personal property-liability market share by expanding customer access, improving customer value and investing in marketing and technology. Customer access has been expanded by merging the Esurance and Allstate brand direct operati
- 09/30/2020
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Stampen Media Group Selects Aria Systems’ Billing Platform to Enable Omni-Channel Digital Transformation
- Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, today announced that Stampen Media Group, one of Sweden’s l
- 09/30/2020
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5 Insurance Companies Trading With Low Price-Earnings Ratios
- As of Sept. 29, the GuruFocus All-in-One Screener, a Premium feature, found that the following insurance companies have low price-earnings ratios and are owned by gurus.
- 09/29/2020
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Dividend Champion And Contender Highlights: Week Of September 27
- A weekly summary of dividend activity for Dividend Champions and Contenders.
- 09/26/2020
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Allstate to Discuss Third Quarter 2020 Earnings With Investors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Nov. 5, 2020, to discuss third quarter 2020 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Wednesday, Nov. 4. To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, visit
- 09/22/2020
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Allstate to Discuss Third Quarter 2020 Earnings With Investors
- The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Nov. 5, 2020, to discuss third quarter
- 09/22/2020
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Comparing State Auto Financial (NASDAQ:STFC) & Allstate (NASDAQ:ALL)
- State Auto Financial (NASDAQ:STFC) and Allstate (NYSE:ALL) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, analyst recommendations, profitability, earnings and valuation. Dividends State Auto Financial pays an annual dividend of $0.40 per share and has a dividend […]
- 09/20/2020
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Will August Weather Losses Mar Allstate's (ALL) Profitability?
- Allstate (ALL) provides loss estimates stemming from hurricanes that made landfall in August.
- 09/18/2020
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The Truth: Your S&P 500 ETF Is Riskier Than You Realize
- In this article, I’ll be talking about the extreme concentration driving the S&P 500 index and the five mega-tech stocks that have given rise to the index’s forbidding valuation.
- 09/18/2020
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A Preferred Market Update: Most Issues Are Now Fully Valued
- Most preferreds are fully valued with the average preferred priced well above par. High-rated preferred IPOs are being issued at all-time low yields.
- 09/18/2020
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Allstate's cat losses hit $985m in August on hurricanes Laura & Isaias - Artemis.bm
- U.S. primary insurance giant Allstate has reported the highest monthly total of catastrophe losses it has suffered for some time, as hurricanes Laura and
- 09/18/2020
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Wells Fargo Keeps a Hold Rating on Allstate (ALL) - Markets
- Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Allstate (ALL – Research Report) today. The company’s shares closed
- 09/17/2020
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Lemonade: A Refreshing Take On Insurance (NYSE:LMND)
- In 2019, the global insurance market exceeded $5 trillion in annual premiums. Lemonade is a pioneer in the InsurTech industry.
- 09/17/2020
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Allstate Announces August 2020 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of August of $985 million, pre-tax ($778 million, after-tax).
- 09/17/2020
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Allstate Announces August 2020 Catastrophe Losses
- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of August of $985 million, pre-tax ($778 million, afte
- 09/17/2020
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Cincinnati Financial: A Dividend King I Am Waiting Out (NASDAQ:CINF)
- Cincinnati Financial Corp. has one of the most impressive dividend increase streaks around, at 60 years.
- 09/16/2020
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The Path Ahead: Insights On The Economic Recovery
- While short-term COVID-19 impacts are well appreciated, opinions diverge on their duration and the shape of an eventual recovery.
- 09/16/2020
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7 Undervalued Stocks to Buy Before They're Blasting off Again
- Picking deep undervalued stocks will pay off in the long-run, as the economy takes its time to fully recover from the pandemic selloff.
- 09/16/2020
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Aria Systems weitet die Geschäftsbeziehungen zu Experian auf ganz Europa und Afrika aus
- Aria Systems, ein führender Anbieter, der Unternehmen bei der Steigerung von Abonnementeinnahmen und nutzungsabhängigen Einnahmen unterstützt, gab heu
- 09/15/2020
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Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q2 2020 Update
- Halvorsen's 13F portfolio value increased from $19.21B to $23.14B. The number of positions increased from 64 to 71.
- 09/11/2020
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7 Undervalued Stocks to Buy Before They’re Blasting Off Again
- Picking deep undervalued stocks will pay off in the long-run, as the economy takes its time to fully recover from the pandemic selloff.
The post 7 Undervalued Stocks to Buy Before They’re Blasting Off Again appeared first on InvestorPlace.
- 09/09/2020
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5 Companies Expanding Book Value
- According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have grown their book value per share over the past decade through Sept.
- 09/09/2020
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5 Safe And Cheap Dividend Stocks To Invest In (September 2020)
- This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms.
- 09/05/2020
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6 Value Picks From the Undervalued P&C Insurance Industry
- We have zeroed in on six undervalued stock from the Property and Casualty Insurance industry that offer best investment option.
- 09/04/2020
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Allstate Strong on Higher Premiums, Balance Sheet Strength
- Rising premiums, growing service business and a solid balance sheet poise Allstate (ALL) well for long-term growth.
- 09/03/2020
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Allstate (ALL) Down 0.2% Since Last Earnings Report: Can It Rebound?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 09/03/2020
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ALL vs. BRK.B: Which Stock Should Value Investors Buy Now?
- ALL vs. BRK.B: Which Stock Is the Better Value Option?
- 08/31/2020
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5 Best GARP Stocks Based on Discounted PEG
- There are some drawbacks to using the PEG ratio though. It does not consider the very common situation of changing growth rates.
- 08/31/2020
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Hurricane Laura Exposed Insurers Could Tap Reinsurance
- A number of the major property and casualty insurers that are seen as most exposed to hurricane Laura's impacts on the Gulf Coast region could tap into their reinsurance programs, should the major hurricane prove particularly impactful.
- 08/30/2020
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CoreLogic Estimates Hurricane Laura Insured Losses at $8B to $12B
- Property information, analytics and data provider, CoreLogic, has estimated residential and commercial insured losses from Hurricane Laura in Louisiana
- 08/29/2020
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Are Investors in 'Good Hands' With Allstate?
- There's much to like about Allstate Corp. (NYSE:ALL) today, with reasonable financial strength, good profitability and a discounted price.
- 08/28/2020
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Will Hurricane Laura Dent Allstate's Underwriting Margins?
- Allstate's (ALL) exposure in the areas affected by Hurricane Laura might endure massive losses for its auto and homeowners' business lines.
- 08/28/2020
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Allstate Announces Rhonda Ferguson to Join as General Counsel
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced that Rhonda Ferguson will join the company as Executive Vice President and General Counsel, effective Sept.
- 08/28/2020
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Hurricane Laura-Led Uncertainty Brings Insurers in Focus
- As Hurricane Laura wreaks havoc, we focus on a few insurers and reinsurers to see how they may be impacted.
- 08/28/2020
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Allstate Announces Rhonda Ferguson to Join as General Counsel
- The Allstate Corporation (NYSE: ALL) today announced that Rhonda Ferguson will join the company as Executive Vice President and General Counsel, effec
- 08/28/2020
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Allstate Announces Preferred Stock Dividends
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from July 15, 2020, through Oct.
- 08/27/2020
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Hurricane Laura exposed insurers could tap reinsurance (ALL, TRV, PGR, HIG) - Artemis.bm
- A number of the major property and casualty insurers that are seen as most exposed to hurricane Laura's impacts on the Gulf Coast region could tap into
- 08/27/2020
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Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers
- Ratings analysts A.M. Best and Moody's are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best
- 08/27/2020
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Personal Insurers Need to Avoid a Price War
- Auto and home insurers have seen a lower frequency of incidents as people stay at home. But policy rates may keep adjusting lower to reflect that.
- 08/25/2020
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Why Allstate (ALL) Could Be a Top Value Stock Pick
- Allstate (ALL) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 08/24/2020
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Dividend Champion And Contender Highlights: Week Of August 23
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/22/2020
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Allstate Reports PG&E Recoveries and July 2020 Cat Losses
- Allstate (ALL) provides an update on PG&E recoveries as well as July 2020 cat loss.
- 08/21/2020
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Allstate's July catastrophe results produce income on $450m PG&E recovery - Reinsurance News
- U.S. primary insurer, The Allstate Corporation, has revealed that catastrophe results for the month of July generated pre-tax income of $334 million
- 08/20/2020
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Allstate records a $450m PG&E subrogation recovery - Artemis.bm
- U.S. primary insurance giant Allstate has recorded a significant $450 million PG&E related subrogation on claims related to the California wildfires,
- 08/20/2020
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Allstate's July catastrophe results generated $334 million in income
- Allstate Corp. undefined said Thursday that it has generated $334 million in income from catastrophe results in July. The results include $450 million in...
- 08/20/2020
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Allstate's July catastrophe results generated $334 million in income
- Allstate Corp. ALL, -0.42% said Thursday that it has generated $334 million in income from catastrophe results in July.
- 08/20/2020
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Allstate Announces Impact of PG&E Recoveries and July 2020 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced that catastrophe results for July generated income of $334 million, pre-tax ($264 million, after-tax), as PG&E subrogation recoveries more than offset the impact of events in the month.
- 08/20/2020
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New Strong Buy Stocks For August 19th
- New Strong Buy Stocks For August 19th
- 08/19/2020
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Top Ranked Value Stocks to Buy for August 19th
- Top Ranked Value Stocks to Buy for August 19th
- 08/19/2020
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American Financial Rewards Shareholders With Dividend Hike
- American Financial's (AFG) recent 11.1% hike in dividend reflects its intention to enhance shareholders' value supported by strong financial position.
- 08/19/2020
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Lemonade Stock Is In for Turbulence. Buy Only If LMND Slides 30%
- Investors looking to gamble this summer have had no shortage of options, as Lemonade's (NYSE:LMND) initial public offering (IPO) highlighted in July. LMND stock didn't disappoint, with shares of the loss-making insurance startup popping 138% on its first day of trading.Source: Piotr Swat / Shutterstock.com A short while later, however, Lemonade's stock came back to earth a bit -- tumbling 30%. These losses might tempt investors to roll the dice again. But don't be fooled.Lemonade has a far higher risk profile the management likes to admit. Even though shares were a buy at its IPO price of $29, here's why investors should now wait for a better entry point.InvestorPlace - Stock Market News, Stock Advice & Trading Tips LMND Stock: What Does Lemonade Do?Before diving into the company's valuation, let's take a moment to understand what the Softbank (OTCMKTS:SFTBY)-backed Lemonade does.At its core, Lemonade is a Property and Casualty (P&C) insurance company. It writes insurance policies for homeowners and renters, much like competitors Allstate (NYSE:ALL), Farmers, Liberty Mutual, State Farm and Travelers (NYSE:TRV). Much like traditional P&C insurers, Lemonade then sells part of its premiums to reinsurance companies to transfer risk (Lemonade transfers 75% of premiums while retaining 25% on its books). What Makes Lemonade Different?The company simplifies buying home and renters insurance. Rather than spending time over the phone, customers can purchase insurance through an online bot. The process can take less than 30 seconds. And on the claims side, the company says that users can settle in as little as three seconds.Lured by a snazzy front-end website (and the promise of skipping phone-based customer service), millennials have flocked to Lemonade. Of the company's customers, 70% are under 35 according to SEC filings.And like its fintech peers, Lemonade has seen revenues skyrocket. Net earned premiums have exploded, rising 200% in 2019 alone. Gross loss ratios have also narrowed as the company gained scale, shrinking from an eye-watering 161% in 2017 to 79% in 2019. While not yet at industry standards of 65% - 68%, it's certainly moving in the right direction.That's why labeling Lemonade "just" a P&C company is much like calling Tesla (NASDAQ:TSLA) a car company or Carvana (NYSE:CVNA) an auto retailer. While technically correct, it misses the point that Matt McCall and my other colleagues have made. These companies are riding a wave of excitement over all things new-tech and digital.But can the excitement last? Lemonade Understates Three Key RisksLemonade's upbeat S-1 registration with the SEC seems to have its story in order: a digital upstart looking to gain share in a stodgy P&C market. The opportunity appears immense - the P&C insurance market is worth 2.1% of worldwide GDP.And targeting millennials have worked for other companies. Online health insurer Oscar, for instance, saw its Series A valuation of $800 million in 2015 balloon to $3.2 billion in just four years.Yet, not all is well once you peel back the layers of Lemonade's core business. A combination of three financial and economic realities stand in the way of this hot startup. Risk No. 1: Pricing and Concentration of Premiums WrittenEven though LMND has a fancy front-end website, it's rear still looks like a P&C shop. And the insurance industry has long grappled with pricing risk. Although most P&C insurance is annually renewable, meaning actuaries can measure risks over a relatively short time horizon, the size of claims are often not known for several years.Lemonade's actuarial team will face a particularly steep learning curve in pricing personal liability in home insurance contracts. That's because Lemonade doesn't have a long operating history, and significant liability claims don't happen often. In other words, the company won't know its client risk profiles for years.If that wasn't enough, there's an even more significant issue: insurance concentration. It's the same reason why P&C insurers who specialize in beachfront Floridian property tend to go broke every time a major hurricane season hits the state. It doesn't matter how many people you insure if their risks are all the same.Stocks holders in LMND may unknowingly face a similar problem. Not only does the company have an outsized concentration among younger renters in urban and suburban areas. Over 60% of the company's gross written premiums come from just three states: California, Texas and New York.That means a localized significant disaster, such as a Californian earthquake or Texas hurricane, could cause a catastrophic loss for Lemonade. And even if the firm survives, its reinsurance policies will almost certainly rise.Don't underestimate these risks. The 2005 hurricane season, which included Dennis, Katrina and Wilma, weakened the P&C market so severely that even two years on, only one insurance company was able to write hurricane insurance for Florida's government. (The company, Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), walked away with a $224 million check)And as AIG's (NYSE:AIG) spectacular collapse showed the following year, even managers themselves can be oblivious to insurance risks even within their company. Risk No. 2: Lemonade Relies on Customer ExcitementLemonade has leaned heavily into its messaging to maintain its breakneck growth. "Instant everything. No brainer prices. Big heart," the company proudly claims on its website.The company also operates as a "Certified B Corp" and has publicly stated it would give back excess profits to charity after deducting its fixed 25% fee.In good times, the growth-by-message strategy can work amazingly. For example, the office-sharing company WeWork, another SoftBank-backed startup, doubled membership between 2016-2017. Young office-workers flocked to the free beer and inclusive membership events."When I hear Adam [founder of WeWork] speak and he talks about the We Generation," one member said in an interview with Wired, "I really feel this, because everything that goes on in the world, it is just about what we can do for each other here."Meanwhile, competitor Regus saw just 7% growth.In bad times, however, the same strategy can quickly collapse. In 2019, a series of missteps by CEO Adam Neumann rocked the WeWork brand. Among allegations of sexism and supporting a toxic frat-boy culture, Neuman also made several questionable stock sales from the company. He also trademarked the word "We," then sold the rights back to WeWork for about $6 million.Softbank pulled the plug on WeWork's IPO, sending its valuation plummeting from $47 billion to $12 billion.Today, Lemonade walks a similar tightrope. Insurance companies already have a poor reputation among consumers, and a series of non-payment scandals by Lemonade (even if justified) could send the company into freefall. Customers might even question Lemonade's "Certified B Corp" status. In 2019, the company awarded $4.3 million in stock options to insiders but gave just $600,000 to charity.Not all growth-by-message companies fail; Tesla has defied critics for years now. But it does elevate the risk that when things fail, they can do so fast. Risk No. 3: Profitability IssuesFinally, Lemonade has a severe profitability issue. The company lost $108.5 million in 2019 on just $63.8 million of net earned premium. In other words, the company lost almost $2 for every $1 it generated.The problem comes from the company's sky-high sales and marketing costs. In 2019, the company spent $89.1 million in marketing to generate just $42.6 million incremental premium.Its growing scale has helped margins to a degree. "We currently spend $1 in marketing to generate more than $2 of in-force premium," management wrote in its most recent June 2020 report. But that's far from enough. A P&C company with a 70% loss ratio mathematically needs to generate $3.33 to cover just its marketing expenses. Just as the tooth fairy doesn't pay capital expenditure, Santa Claus doesn't pay worker salaries.To succeed, Lemonade will have to demonstrate that its online platform can bring in customers more efficiently than traditional players. Its established competitor, Everquote (NASDAQ:EVER), which deals only with the acquisition side of the business, spent 81 cents in advertising for every $1 of revenues. It has yet to turn a profit in its four years as a public company.Lemonade has other fierce competition ahead. Of the four largest homeowner insurance companies in the US, three (State Farm, Liberty Mutual and USAA) are mutual companies. That means they send 100% of their profits back to policyholders. The fourth, Allstate, generates twice as much from car insurance as it does from its homeowners business.Source: Data courtesy of Allstate 2019 Annual Report What's LMND Worth?By 2022, analysts expect revenue to rise to $346 million, which could increase to $1 billion by 2025 if all goes well. Lemonade already added on pet insurance, and more lines might get added. At that point, the company could be worth $4-$6 billion, about what Oscar Health Insurance is worth today. (For reference, Oscar generated $1.3 billion in 2019). That comes to $72 to $110 per LMND share or a 20%-83% upside.However, the company will need more capital to grow. The company already diluted existing shareholders with its $300 million IPO. More will be required.Also, Lemonade's three risk factors means investors should use a higher discount factor in determining fair value (that's an analyst's lazy way of pricing investment risk). A 10% annual discount rate lowers fair value to $46-$70 today. Hence CNBC personality and stock analyst Jim Cramer's note to "back up the truck" only if Lemonade's stock price falls below $50. Of the six analysts with stock price targets on LMND, only one has issued a "buy" rating.
- 08/14/2020
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Four Reasons Why Allstate (ALL) is an Attractive Pick Now
- Growing premiums, solid capital position and accretive acquisitions position Allstate (ALL) well for growth.
- 08/13/2020
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Surging Earnings Estimates Signal Upside for Allstate (ALL) Stock
- Allstate (ALL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/13/2020
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Allstate (ALL) Upgraded to Strong Buy: Here's What You Should Know
- Allstate (ALL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
- 08/13/2020
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Is Allstate (ALL) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/13/2020
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Four Reasons Why Allstate (ALL) is an Attractive Pick Now
- Growing premiums, solid capital position and accretive acquisitions position Allstate (ALL) well for growth.
- 08/13/2020
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Surging Earnings Estimates Signal Upside for Allstate (ALL) Stock
- Allstate (ALL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/13/2020
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Allstate (ALL) Upgraded to Strong Buy: Here's What You Should Know
- Allstate (ALL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 08/13/2020
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Is Allstate (ALL) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/13/2020
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New Strong Buy Stocks For August 13th
- New Strong Buy Stocks For August 13th
- 08/13/2020
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NATIONAL GENERAL ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of NGHC and Encourages Investors to Contact the Firm
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the board me
- 08/12/2020
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The Allstate Corporation's (NYSE:ALL) Shares Lagging The Market But So Is The Business
- When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
- 08/10/2020
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Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic
- What pandemic? Allstate's doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second quarter, an increase of 49%
- 08/10/2020
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Allstate reports 146% rise in underwriting income to $904mn - Reinsurance News
- The Allstate Corporation's underwriting income improved by a significant 146.3% in Q2 2020 to $904 million, contributing to increased net income of $1.22
- 08/06/2020
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Allstate Named In Coronavirus Relief Lawsuit
- The Northbrook-based company was among several major auto insurance companies listed in class action complaints.
- 08/05/2020
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Allstate Corp (ALL) Q2 2020 Earnings Call Transcript
- ALL earnings call for the period ending June 30, 2020.
- 08/05/2020
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Allstate's (ALL) Q2 Earnings Beat Estimates, Improve Y/Y
- Allstate's (ALL) Q2 earnings gain from a rise in premiums as well as policies in force, partly offset by soft investment income, catastrophe loss and Shelter-in-Place expense.
- 08/05/2020
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Allstate's (ALL) Q2 Earnings Beat Estimates, Improve Y/Y
- Allstate's (ALL) Q2 earnings gain from a rise in premiums as well as policies in force, partly offset by soft investment income, catastrophe loss and Shelter-in-Place expense.
- 08/05/2020
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The Allstate Corporation (ALL) CEO Tom Wilson on Q2 2020 Results - Earnings Call Transcript
- The Allstate Corporation (ALL) CEO Tom Wilson on Q2 2020 Results - Earnings Call Transcript
- 08/05/2020
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Wells Fargo Maintains a Hold Rating on Allstate (ALL) - Markets
- In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Allstate (ALL – Research Report).
- 08/05/2020
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Crisis Has Diverse Impact on Insurers -- WSJ | MarketScreener
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Car Crashes Dwindle Wherever Virus Flares in Twist for Insurers - BNN Bloomberg
- A widespread decline in driving and car accidents that began as the coronavirus erupted in the U.S. in March is shifting, now closely tracking regional flareups of the pandemic, according to Allstate Corp.
- 08/05/2020
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Allstate's (ALL) Q2 Earnings Beat Estimates, Improve Y/Y
- Stocks Analysis by Zacks Investment Research covering: Progressive Corp, Chubb Ltd, Allstate Corp, Principal Financial Group Inc. Read Zacks Investment Research's latest article on Investing.com
- 08/05/2020
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Insurers Report Mixed Results from Covid-19
- Two giant sellers of insurance to consumers—Allstate and Prudential Financial—reported results that reflected the far-ranging impact of Covid-19.
- 08/04/2020
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Allstate (ALL) Q2 Earnings Surpass Estimates
- Allstate (ALL) delivered earnings and revenue surprises of 74.47% and -2.87%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2020
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Insurers Report Mixed Results from Covid-19 | MarketScreener
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ALLSTATE : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) | MarketScreener
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The Allstate Corporation Announces Availability of Second Quarter 2020 Results
- The Allstate Corporation (NYSE: ALL) has filed its financial results for the quarter ended June 30, 2020, on its current report on Form 8-K. You can find the Form 8-K, including the earnings release and investor supplement, as well as the quarterly Form 10-Q, on the company’s page at sec.gov. This quarter, Allstate is also publishing a reinsurance update on its website. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com.
- 08/04/2020
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Allstate Quickly Adapts to Pandemic and Delivers Excellent Operating Results
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2020.
- 08/04/2020
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Allstate (ALL) Q2 Earnings Surpass Estimates
- Allstate (ALL) delivered earnings and revenue surprises of 74.47% and -2.87%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2020
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The Allstate Corporation Announces Availability of Second Quarter 2020 Results
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has filed its financial results for the quarter ended June 30, 2020, on its current report on Form 8-K.
- 08/04/2020
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Lemonade: Intriguing P&C Disruptor (NYSE:LMND)
- Lemonade IPO'd in early July and it's stock has been extremely volatile due to speculation about the company's growth prospects.
- 08/04/2020
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Big names continue to donate to WE charities in the U.S., despite recent controversy
- A review of WE’s U.S. regulatory filings over the past decade reveals the remarkable breadth of contacts the Kielburger brothers have made in entertainment, sports and business
- 08/04/2020
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The Allstate Corporation Announces Availability of Second Quarter 2020 Results
- The Allstate Corporation (NYSE: ALL) has filed its financial results for the quarter ended June 30, 2020, on its current report on Form 8-K. You can f
- 08/04/2020
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V&M Breakouts: Top Growth And Dividend Mega-Cap Stocks For August 2020
- Releasing two top mega-cap stocks from the MDA Growth and Dividend Breakout portfolio for long-term gain potential into 2020.
- 08/03/2020
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Whats's in the Cards for Allstate's (ALL) Earnings in Q2?
- Allstate's (ALL) Q2 earnings are likely to have suffered catastrophe losses, partly offset by a rise in premiums.
- 08/03/2020
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My Sane Portfolio Takes It on the Chin
- This portfolio is intended to provide investment ideas for middle-of-the-road, slightly conservative investors Continue reading...
- 08/03/2020
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Why Allstate (ALL) Might Surprise This Earnings Season
- Allstate (ALL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/03/2020
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Preview: Allstate's Earnings
- Allstate (NYSE: ALL) will be releasing its next round of earnings this Tuesday, August 04.
- 08/03/2020
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Whats's in the Cards for Allstate's (ALL) Earnings in Q2?
- Allstate's (ALL) Q2 earnings are likely to have suffered catastrophe losses, partly offset by a rise in premiums.
- 08/03/2020
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Life360 On The Profitability Path - FNArena
- Life360 has surpassed 27m monthly active users, maintaining a tight grip on costs and providing its first positive quarterly cash flow.
- 08/03/2020
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The jobs report and congressional politics may matter more for markets than earnings in the week ahead
- The market could lose some exuberance as the calendar turns to August, and investors await Friday's July employment report.
- 07/31/2020
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The Allstate Corporation : half-yearly earnings release | MarketScreener
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Duck Creek Technologies Starts IPO Plan
- Duck Creek Technologies has filed to raise $200 million in an IPO, although the final figure may differ.
- 07/30/2020
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Allstate Heads Into Its Earnings Report With A P/E Under 8.0
- Allstate is set to report second-quarter earnings results after the closing bell on Tuesday. Analysts expect the company to report a pretty sizable decline in earnings compared to Q2 2019 and compared to the first quarter of this year.
- 07/30/2020
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Allstate (ALL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Allstate (ALL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/28/2020
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Allstate (ALL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Allstate (ALL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/28/2020
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Why Allstate Is Spending $4 Billion on an Insurance Company Acquisition
- Allstate (NYSE: ALL) is one of the largest life insurance companies in the world, and it just announced a splashy acquisition that will make it even larger. The company is acquiring National General Holdings (NASDAQ: NGHC) for $4 billion, or about $34.50 per share. This acquisition will expand Allstate's reach in the independent agent channel for auto and homeowner's insurance, and increase Allstate's market share in personal property-liability insurance.
- 07/28/2020
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Why Allstate Is Spending $4 Billion on an Insurance Company Acquisition
- Is Allstate in good hands?
- 07/28/2020
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Why Allstate (ALL) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes? Let's find out.
- 07/27/2020
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Why Allstate (ALL) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes?
- 07/27/2020
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NN Investment Partners Holdings N.V. Acquires 24,066 Shares of Allstate Corp (NYSE:ALL)
- NN Investment Partners Holdings N.V. boosted its holdings in Allstate Corp (NYSE:ALL) by 34.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,288 shares of the insurance provider’s stock after acquiring an additional 24,066 shares during the quarter. NN Investment Partners Holdings […]
- 07/27/2020
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Why Elon Musk's autonomous driving ideas don't worry insurers
- Tesla CEO Elon Musk said on this week's earnings call that the electric car company is close to full self-driving and a 'revolutionary' insurance product, but auto insurers don't seem worried.
- 07/25/2020
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Why Elon Musk's autonomous driving ideas don't worry insurers
- Tesla CEO Elon Musk said on this week's earnings call that the electric car company is close to full self-driving and a 'revolutionary' insurance product, but auto insurers don't seem worried.
- 07/25/2020
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Progressive: Reversion To The Mean In Future
- Progressive has been and continues to be a dependable staple in the P&C industry. The company's Platinum Program is an indication that they are making a smooth transition to the independent agent channel.
- 07/24/2020
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Empirical Finance LLC Invests $216,000 in Allstate Corp (NYSE:ALL)
- Empirical Finance LLC bought a new position in Allstate Corp (NYSE:ALL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,226 shares of the insurance provider’s stock, valued at approximately $216,000. Several other hedge funds and other institutional investors also […]
- 07/22/2020
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Allstate: Profitable Even In A Pandemic
- Allstate: Profitable Even In A Pandemic
- 07/21/2020
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Allstate Corp (NYSE:ALL) Holdings Decreased by Vident Investment Advisory LLC
- Vident Investment Advisory LLC reduced its stake in shares of Allstate Corp (NYSE:ALL) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,045 shares of the insurance provider’s stock after selling 3,686 shares during the quarter. Vident Investment Advisory […]
- 07/20/2020
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Stock Market Update For The Week Ahead: 'Cautious Attitude'
- The Last Week In A Nutshell
What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said...
- 07/19/2020
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North Star Investment Management Corp. Has $402,000 Holdings in Allstate Corp (NYSE:ALL)
- North Star Investment Management Corp. lessened its position in Allstate Corp (NYSE:ALL) by 81.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 4,147 shares of the insurance provider’s stock after selling 17,822 shares during the period. North Star Investment Management Corp.’s holdings in Allstate were worth $402,000 […]
- 07/18/2020
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Allstate Corp (NYSE:ALL) Shares Purchased by Harbor Investment Advisory LLC
- Harbor Investment Advisory LLC raised its position in Allstate Corp (NYSE:ALL) by 7.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,939 shares of the insurance provider’s stock after purchasing an additional 195 shares during the quarter. Harbor Investment Advisory LLC’s holdings in […]
- 07/18/2020
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Q2 2020 EPS Estimates for Allstate Corp Decreased by Analyst (NYSE:ALL)
- Allstate Corp (NYSE:ALL) – Equities researchers at Piper Sandler decreased their Q2 2020 earnings per share (EPS) estimates for Allstate in a research note issued to investors on Thursday, July 16th. Piper Sandler analyst P. Newsome now anticipates that the insurance provider will post earnings of $1.76 per share for the quarter, down from their […]
- 07/18/2020
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Why Allstate (ALL) is Poised to Beat Earnings Estimates Again
- Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/17/2020
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Will Allstate's (ALL) Q2 Cat Loss Mar Earnings Prospects?
- Allstate (ALL) provides a catastrophe loss estimate of $204 million, pretax ($161 million, after tax) for June this year.
- 07/17/2020
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Will Allstate's (ALL) Q2 Cat Loss Mar Earnings Prospects?
- Allstate (ALL) provides a catastrophe loss estimate of $204 million, pretax ($161 million, after tax) for June this year.
- 07/17/2020
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Allstate Announces Quarterly Dividend
- The Allstate Corporation (NYSE: ALL) today announced its board of directors has approved a quarterly dividend of 54 cents on each outstanding share of the corporation's common stock, payable in cash on Oct. 1, 2020, to stockholders of record at the close of business on Aug. 28, 2020.
- 07/16/2020
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Allstate Announces Quarterly Dividend
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced its board of directors has approved a quarterly dividend of 54 cents on each outstanding share of the corporation's common stock, payable in cash on Oct.
- 07/16/2020
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Wells Fargo Keeps a Hold Rating on Allstate (ALL) - Markets
- Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Allstate (ALL – Research Report) today. The company’s shares closed
- 07/16/2020
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Allstate's Q2 catastrophe losses rise to almost $1.2bn - Artemis.bm
- Aggregate catastrophe losses suffered by U.S. primary insurance giant Allstate have risen to almost $1.2 billion for the second-quarter of 2020, with the
- 07/16/2020
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Allstate Announces June and Second Quarter 2020 Catastrophe Losses
- The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June of $204 million, pre-tax ($161 million, after-tax).
- 07/16/2020
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Five Nonprofits Honored for Renewing Their Communities From the Ground Up
- Renewal Award winners, selected from thousands of nominations, receive funding and national recognition from The Atlantic and Allstate.
- 07/16/2020
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Real Reform Comes From Civic Stamina
- For these social-justice groups, Americans’ protests against systemic racism represent the arrival of the cavalry.
- 07/16/2020
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Allstate Announces June and Second Quarter 2020 Catastrophe Losses
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June of $204 million, pre-tax ($161 million, after-tax).
- 07/16/2020
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The Allstate Corporation: Classic Value At Low Price
- The Allstate Corporation: Classic Value At Low Price
- 07/15/2020
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Celebrity birthdays for the week of July 19-25
- Celebrities having birthdays during the week of July 19-25 include actors Benedict Cumberbatch and Sandra Oh
- 07/13/2020
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Analog Devices to Buy Rival Maxim in $21 Billion Chip Deal
- (Bloomberg) -- Analog Devices Inc. agreed to acquire rival Maxim Integrated Products Inc. for $20.9 billion in stock, heralding what may develop into a new round of consolidation in the $400 billion semiconductor industry.Analog Devices will pay 0.63 share for each Maxim share, representing a 22% premium to Maxim’s closing share price on Friday, the two companies said in a statement early Monday. Analog Devices shareholders will own about 69% of the combined company, which will be valued at about $68 billion including debt, the companies said.The acquisition of San Jose, California-based Maxim creates a larger rival for Texas Instruments Inc. in the market for analog and embedded processor chips, crucial components in the spread of computing and intelligence to everyday devices.After a lull in such combinations caused by trade tension between China and the U.S. and regulatory holdups, Nvidia Corp. won approval for its acquisition of Mellanox Technologies Ltd. in the Asian country in March, creating new confidence that deals such as the Maxim purchase can go ahead.Acquisitions in general are starting to return after several quiet months while companies dealt with the fallout from the Covid-19 pandemic. The move by Analog Devices comes on the heels of Uber Inc. announcing a $2.65 billion deal for Postmates Inc., Allstate Corp. agreeing to a record $4 billion takeover of National General Holdings Corp. and Warren Buffett’s Berkshire Hathaway Inc. spending roughly the same amount on a gas pipeline and storage assets.Some chip deals have either been delayed or abandoned if they require approval in China, the world’s largest market for semiconductors. The U.S. is home to the biggest chunk of the world’s producers of the electronic components.Analog Devices is currently less than half the size of market leader Texas Instruments Inc. by revenue. While Maxim wouldn’t allow it to close the gap totally, it would broaden the range of products in the analog portfolio, something that Texas Instruments has touted as helping to cement its dominance.All three companies specialize in analog and embedded computing components. Once a sleepy backwater of the industry, this segment has enjoyed a resurgence as the list of uses and customers has grown in recent years. Analog chips convert real-world things like sound and pressure into electronic signals, and the rush to add automation to factory equipment and buildings and to move cars toward a world where they won’t need human drivers has stirred new demand.It’s also a very profitable area of the chip industry. Analog Devices and Maxim have gross margins, or the percentage of sales remaining after deducting the cost of goods sold, in the region of 65%.Since 2015, the Philadelphia Stock Exchange Semiconductor Index has tripled in value. The benchmark index now has a market capitalization of more than $1.5 trillion. Over that same period, chip companies have been increasingly consolidating to help them lower costs and serve customers that have done the same. Their earnings have become more predictable and their cash generation has provided them with war chests and the ability to carry debt they couldn’t have sustained in the past.(Additional context on merger, shares.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/13/2020
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Allstate Corp (NYSE:ALL) Shares Acquired by Wilsey Asset Management Inc.
- Wilsey Asset Management Inc. grew its stake in shares of Allstate Corp (NYSE:ALL) by 0.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 155,497 shares of the insurance provider’s stock after purchasing an additional 1,230 shares during the quarter. Allstate makes up about 6.2% of Wilsey Asset Management Inc.’s holdings, making the stock […]
- 07/13/2020
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Allstate Corp (NYSE:ALL) Shares Bought by Whittier Trust Co.
- Whittier Trust Co. grew its stake in Allstate Corp (NYSE:ALL) by 2,013.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,476 shares of the insurance provider’s stock after purchasing an additional 13,791 shares during the quarter. Whittier Trust Co.’s holdings in […]
- 07/13/2020
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Analog Devices Near Deal to Buy Maxim for $17 Billion
- (Bloomberg) -- Analog Devices Inc. is close to an all-stock agreement to acquire Maxim Integrated Products Inc., according to people familiar with the matter.The semiconductor companies are talking about a deal that values San Jose, California-based Maxim at more than its current market capitalization of roughly $17 billion. Norwood, Mass.-based Analog has a market value of $46 billion and also has a large office in the San Jose area. The deal could be announced as early as Monday, though discussions could still fall apart, said the people, asking not to be named discussing private negotiations.Representatives for Analog Devices and Maxim declined to comment. The Wall Street Journal first reported the negotiations.Acquisitions are starting to return after a lull of several months caused by the Covid-19 pandemic. This comes on the heels of Uber Inc. announcing a $2.65 billion deal for Postmates Inc., Allstate Corp. agreeing to a record $4 billion takeover of National General Holdings Corp. and Warren Buffett’s Berkshire Hathaway Inc. spending roughly the same amount on a gas pipeline and storage assets.Some chip deals have either been delayed or abandoned if they require approval in China, the world’s largest market for semiconductors. The process has been complicated by the ongoing trade war between China and the U.S.Analog Devices is currently less than half the size of market leader Texas Instruments Inc. by revenue. While Maxim wouldn’t allow it to close the gap totally, it would broaden the range of products in the analog portfolio, something that Texas Instruments has touted as helping to cement its dominance.All three companies specialize in analog and embedded computing components. Once a sleepy backwater of the industry, this segment has enjoyed a resurgence as the list of uses and customers has grown in recent years. Analog chips convert real-world things like sound and pressure into electronic signals, and the rush to add automation to factory equipment and buildings and to move cars toward a world where they won’t need human drivers has stirred new demand.It’s also a very profitable area of the chip industry. Analog Devices and Maxim have gross margins, or the percentage of sales remaining after deducting the cost of goods sold, in the region of 65%.Since 2015, the Philadelphia Stock Exchange Semiconductor Index has tripled in value. The benchmark index now has a market capitalization of more than $1.5 trillion. Over that same period, chip companies have been increasingly consolidating to help them lower costs and serve customers that have done the same. Their earnings have become more predictable and their cash generation has provided them with war chests and the ability to carry debt they couldn’t have sustained in the past.(Updates with further details from fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/13/2020
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SHAREHOLDER ALERT: WeissLaw LLP Investigates National General Holdings Corp.
- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of National General Holdings Corp. ("NGHC" or the "Company") (NASDAQ: NGHC) in connection with the proposed acquisition of the Company by The Allstate Corporation ("Allstate") (NYSE: ALL). Under the terms of the agreement, NGHC shareholders will be entitled to receive $32.00 in cash and an anticipated pre-closing dividend of $2.50 per common share.
- 07/11/2020
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Peloton’s New Product Spin
- (PTON) stationary bike has quickly become an iconic product. The company’s chief financial officer is focused on a lower-priced treadmill. “We believe the running and bootcamp category is two-to-three [times] the size of the bike category,” Jill Woodworth said Wednesday on Barron’s Investing in Tech call.
- 07/11/2020
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NATIONAL GENERAL INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of National General Holdings Corp. - NGHC
- NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of National General Holdings Corp. (NasdaqGS: NGHC) to The Allstate Corporation (NYSE: ALL). Under the terms of the proposed transaction, shareholders of National General will receive only $32.00 in cash for each share of National General that they own, plus closing dividends expected to be $2.50 per share. KSF i
- 07/10/2020
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What’s A Diminishing Deductible For Car Insurance?
- Car accidents can be expensive. Depending on the severity of the incident, it can cost hundreds or maybe even thousands of dollars to get your vehicle up and running after a collision. If you don’t have money set aside to pay for your deductible, a car accident can cause serious financial strain.
- 07/10/2020
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Why These Insurance Stocks Have Fallen by Double Digits So Far in 2020
- Shares of many insurance companies fell by double-digit percentages in the first six months of 2020, according to data provided by S&P; Global Market Intelligence. Shares of Allstate (NYSE: ALL), which primarily sells auto and homeowners insurance, were down 13.8% in the first half of the year. Specialty insurer Markel (NYSE: MKL) saw its shares tumble 19.2%.
- 07/10/2020
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Why These Insurance Stocks Have Fallen by Double Digits So Far in 2020
- Insurance companies are facing a problem that has nothing to do with their industry.
- 07/09/2020
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Allstate (ALL) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes? Let's find out.
- 07/09/2020
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U.S.-Versicherer Allstate Corp übernimmt National General für 3,12 Mrd. Pfund | Invezz
- Allstate Corp (NYSE: ALL) kündigte am Dienstag Pläne zum Kauf der National General Holdings Corp (NASDAQ: NGHC) mit einem Barangebot von 3,12 Mrd. Pfund an. Der US-Versicherer möchte seine Präsenz in der Autoversicherung inmitten der Coronavirus-Pandemie, die die Schadensfälle reduziert und den Verkehr auf den Straßen minimiert hat, ausweiten. Die Aktien von National General eröffneten am Mittwoch mit einem Plus von etwa 65%. Mit 26,72 Pfund pro Aktie ist die Schaden- und Unfallversicherungsgesellschaft nun zu 50% auf dem Aktienmarkt auf dem neuesten Stand, nachdem sie sich von einem Tiefstand von 10,50 Pfund pro Aktie im März erholt hatte. Zum Zeitpunkt
- 07/09/2020
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Twitter Teases Subscription Service and Stock Soars 7.4%, and Two More Numbers to Know
- Allstate announced it would pay $4 billion for competing insurer National General Holdings. Twitter stock rallied amid news it could launch a subscription service. And United Airlines takes a nose dive.
- 07/09/2020
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SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of National General Holdings Corp. (NasdaqGS - NGHC)
- BALA CYNWYD, PA / ACCESSWIRE / July 8, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of National General Holdings Corp. ("National ...
- 07/08/2020
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US STOCKS-Nasdaq ends at record high as Wall St rises with tech shares
- U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound offset concern about further lockdowns due to a jump in coronavirus cases across the country. Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P; 500, with the S&P; 500 technology index up 1.6% and leading sector gains. The Nasdaq outpaced the other two major indexes, ending 1.4% higher, led by Amazon.com, its fourth record closing high this month.
- 07/08/2020
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US STOCKS-Wall St inches up with tech shares, though jump in virus cases a concern
- U.S stocks were slightly higher in choppy trading on Wednesday, supported by technology shares as early signs of an economic rebound offset concern about further lockdowns due to a jump in coronavirus cases across the country. Apple Inc and Microsoft Corp provided the biggest boost to all three indexes. Investors have been weighing a string of upbeat economic data including record job additions and a rebound in the service sector in June, against the surge in U.S. coronavirus cases recently, but the S&P; 500 is still up about 40% from its March closing low.
- 07/08/2020
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Why National General Holdings Stock Just Popped 65%
- Shares of property and casualty insurer National General Holdings Corp. (NASDAQ: NGHC) are surging in early afternoon trading Wednesday, up 64.8% as of 1:35 p.m. EDT after insurance giant Allstate (NYSE: ALL) announced yesterday that it will purchase National General. In its press release, Allstate stated that it will spend $4 billion to acquire all shares outstanding of National General, paying $32 per share, cash, as the purchase price, plus payment of National General's final dividend as an independent company -- $2.50, cash. Allstate CEO Tom Wilson noted that "acquiring National General accelerates Allstate's strategy to increase market share in personal property-liability and significantly expands our independent agent distribution," adding that "the acquisition increases personal lines premiums by $4.0 billion and market share by over 1 percentage point to 10%."
- 07/08/2020
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US STOCKS-Wall St climbs as hopes of economic revival overshadow jump in virus cases
- Wall Street's major indexes edged higher in choppy trading on Wednesday, supported by technology shares as early signs of an economic rebound overrode fears of another lockdown due to a jump in coronavirus cases across the country. Apple Inc and Microsoft Corp provided the biggest boost to all three indexes.
- 07/08/2020
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Insurer Allstate to buy National General for about $4 billion
- US insurer Allstate said late on Tuesday it will buy National General Holdings for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has
- 07/08/2020
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Insurance Is Hot Again: Allstate, KKR Launch M&A Deals After Lemonade IPO
- Allstate is scooping up National General Holdings in a nearly $4 billion cash deal, while KKR is buying Global Atlantic Financial. The two deals were announced after insurtech Lemonade went public last week, and indicate that the coronavirus pandemic hasn’t stifled the insurance sector.
- 07/08/2020
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Insurer Allstate to buy National General for about US$4b
- [WASHINGTON] US Insurer Allstate Corp said late on Tuesday it will buy National General Holdings Corp for about US$4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and reduced claims. Read more at The Business Times.
- 07/08/2020
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Allstate to Buy National General to Grow Personal Insurance
- Allstate (ALL) inks a deal to acquire specialty personal line insurer National General Holdings for strengthening its market share in personal line insurance.
- 07/08/2020
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Hartford Financial (HIG) Extends Auto Premium Payback Scheme
- Hartford Financial (HIG) stretches its COVID-19 Personal Auto Payback Plan until June to support its auto customers.
- 07/08/2020
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of National General Holdings Corporation
- NEW YORK--(BUSINESS WIRE)--Rowley Law PLLC is investigating potential securities law violations by National General Holdings Corporation (NASDAQ:NGHC) and its board of directors concerning the proposed acquisition of the company by the Allstate Corporation (NYSE:ALL). Stockholders will receive $34.50 in cash for each share of National General stock that they hold. The transaction is valued at approximately $4 billion and is expected to close early in 2021. If you are a stockholder of National G
- 07/08/2020
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5 Insurance Companies Expanding Earnings
- Aflac on the list Continue reading...
- 07/08/2020
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Why Allstate's Stock Is Trading Lower Today
- Allstate Corp (NYSE: ALL) shares are trading lower on Wednesday after the company announced it will acquire National General Holdings for around $4 billion in cash.
- 07/08/2020
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NATIONAL GENERAL HOLDINGS CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
- WILMINGTON, DE / ACCESSWIRE / July 8, 2020 / Rigrodsky & Long, P.A. announces that it is investigating National General Holdings Corp. ("National General") (NASDAQGM: NGHC ) regarding possible ...
- 07/08/2020
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Allstate Needs More Than a Recognizable Pitchman and Commercials
- Allstate Corp. agreed to acquire National General Holdings for nearly $4 billion in cash as the U.S. insurance giant looks to "increase market share in personal property-liability." The deal, which includes a breakup fee of $132.50 million, will be "accretive to adjusted net income earnings per share and return on equity beginning in the first year," said Allstate CEO Tom Wilson. In this daily bar chart of ALL, below, we can see that prices have made a small downside price gap this morning.
- 07/08/2020
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US STOCKS-Wall St rises on rebound hopes despite jump in virus cases
- Technology shares boosted Wall Street's main indexes on Wednesday as early signs of an economic rebound offset fears of another lockdown due to a jump in coronavirus cases across the country. "We expect the tug of war between better economic data and concerns over rising COVID-19 cases to continue through the month unless we get better daily virus numbers, and/or news on a vaccine," said Art Hogan, chief market strategist at National Securities in New York. The Nasdaq notched an intraday record high on Tuesday but all the three main stock indexes finished lower as investors booked profits following a strong run on the back of upbeat economic data over the last few days.
- 07/08/2020
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Insurer Allstate to buy National General for about $4 billion | MarketScreener
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National General Soars on $4 Billion Allstate Acquisition
- Shares of National General surge after insurance giant Allstate says it will acquire the company for about $4 billion in cash.
- 07/08/2020
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(NGHC) Alert: Johnson Fistel Investigates Proposed Sale of National General Holdings; Are Shareholders Getting a Fair Price?
- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of National General Holdings Corporation ("National General" or the "Company") (NASDAQ: NGHC) breached their fiduciary duties in connection with the proposed sale of the Company to Allstate Corporation (NYSE: ALL).
- 07/08/2020
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Why National General Holdings Stock Just Popped 65%
- Allstate will pay a princely price to expand its market share by 1%.
- 07/08/2020
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U.S. insurer Allstate Corp to acquire National General for £3.12 billion | Invezz
- Allstate Corp (NYSE: ALL) announced plans of buying National General Holdings Corp (NASDAQ: NGHC) with a cash offer of £3.12 billion on Tuesday. The U.S. insurer wishes to expand its footprint in auto insurance amidst the Coronavirus pandemic that has reduced claims and minimised traffic on roads. Shares of National General opened about 65% up on Wednesday. At £26.72 per share, the property and casualty insurance company is now 50% up year to date in the stock market after recovering from a low of £10.50 per share in March. At the time of writing, it is now valued at £3.04
- 07/08/2020
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2 Big Mergers: One a $4 Billion Cash Deal, the Other Still in the Rumor Mill
- During a period like the COVID-19 pandemic, there are at least two reasons to find an acquisition or a merger.
- 07/08/2020
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Insurance News: National General Stock Flies 65% on Sale to Allstate
- National General (NGHC) is leading insurance news on Wednesday following an announcement that Allstate (ALL) is acquiring the company.
- 07/08/2020
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Allstate to buy rival insurer National General for $4 billion
- U.S. insurance giant Allstate Corp. said it has agreed to acquire peer National General Holdings Corp. for about $4 billion in cash, expanding its reach in...
- 07/08/2020
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Insurer Allstate to buy National General for about $4 billion
- US insurer Allstate said late on Tuesday it will buy National General Holdings for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and reduced claims. National General’s shareholders will receive $32 per share in cash and closing dividends of $2.50 per.
- 07/08/2020
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Allstate to Buy National General to Grow Personal Insurance
- Allstate (ALL) inks a deal to acquire specialty personal line insurer National General Holdings for strengthening its market share in personal line insurance.
- 07/08/2020
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Stocks making the biggest moves premarket: Nikola, Apple, Biogen, Intersect ENT & more
- Intersect ENT is reportedly mulling a takeover offer from Medtronic. Nikola gets an upgrade from JPMorgan.
- 07/08/2020
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Allstate acquires National General for $4 billion in cash
- Allstate is acquiring National General Holdings Corp. for $4 billion in cash as it expands its insurance portfolio
- 07/08/2020
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National General : Shares Rally After $4 Billion Deal With Allstate | MarketScreener
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Allstate to Buy National General for $4 Billion, Growing Auto, Independent Agent Business
- U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance
- 07/08/2020
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If You Had Bought Allstate (NYSE:ALL) Shares Five Years Ago You'd Have Earned37% Returns
- The Allstate Corporation (NYSE:ALL) shareholders have seen the share price descend 12% over the month. But the silver...
- 07/08/2020
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National General Pops 69% In Pre-Market On $4B Takeover Deal By Allstate
- U.S. insurer Allstate Corp. (ALL) has agreed to acquire National General Holdings Corp.(NGHC) for about $4 billion in cash, or $34.50 per share. As part
- 07/08/2020
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Wall Street Breakfast: Market Rally Takes A Step Back
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 07/08/2020
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US STOCKS-Futures wobble as U.S. coronavirus cases top 3 million
- U.S. stock index futures ticked lower in choppy trading on Wednesday as investors stayed on the sidelines in the face of an alarming rise in coronavirus caseloads across the country that poses a risk to a recovery in business activity. The Nasdaq notched an intraday record high on Tuesday but all the three main stock indexes finished lower as investors booked profits following a strong run after a batch of upbeat data strengthened the case for a bounce back in economy. S&P; 500 e-minis were down 4.5 points, or 0.14% and Nasdaq 100 e-minis were up 1 points, or 0.01%.
- 07/08/2020
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U.S. insurer Allstate Corp to acquire National General for £3.12 billion
- Allstate Corp (NYSE: ALL) announced plans of buying National General Holdings Corp (NASDAQ: NGHC) with a cash offer of £3.12 billion on Tuesday. The U.S. insurer wishes to expand its footprint in auto insurance amidst the Coronavirus pandemic that has reduced claims and minimised traffic on roads.
- 07/08/2020
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Allstate to acquire National General for $4 billion - Reinsurance News
- U.S. primary insurance giant, The Allstate Corporation, has reached an agreement to acquire National General Holdings Corporation for around $4 billion in
- 07/08/2020
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Insurer Allstate to buy National General for about $4 bln
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Allstate to Acquire Rival Insurer National General for $4 Billion
- Allstate says the all-cash deal will help boost its business in the personal property-liability sector.
- 07/08/2020
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Insurer Allstate to buy National General for about $4 billion
- U.S. Insurer Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and reduced claims.
- 07/08/2020
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Insurer Allstate to buy National General for about $4 billion
- Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash as the U.S. insurer looks to expand its market share in personal lines insurance business.
- 07/08/2020
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Allstate Expands Personal Lines Market Position with Acquisition of National General
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Allstate Expands Personal Lines Market Position with Acquisition of National General
- The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per s
- 07/08/2020
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Allstate Expands Personal Lines Market Position with Acquisition of National General
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and significantly expands our independent agent distribution,” said
- 07/07/2020
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Auto insurers boost relief offerings amid backlash
- Companies adjust refund payouts after criticism over lack of support for clients
- 07/05/2020
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3 Attractive Dividend Stocks Whose Dividends Could Double | The Motley Fool
- A combination of resilient business models and low payout ratios provide the opportunity for these companies to boost their payments.
- 07/05/2020
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Top Piotroski-Graham Long-Term Value Stocks: Mid-Year 2020 Selections
- Top Piotroski-Graham Long-Term Value Stocks: Mid-Year 2020 Selections
- 07/05/2020
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How researchers analyzed Allstate’s car insurance algorithm
- State regulators and consumer advocacy groups have scrutinized Allstate Corporation’s use of big data and personalized pricing in the way it calculates how much the company charges its private auto insurance customers. We tested whether Allstate’s personalized pricing algorithm treated customers differently based on non-risk factors by analyzing rare customer-level data we found in documents …
- 07/05/2020
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Allstate Corp (NYSE:ALL) Shares Sold by APG Asset Management N.V.
- APG Asset Management N.V. cut its holdings in Allstate Corp (NYSE:ALL) by 18.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,063,191 shares of the insurance provider’s stock after selling 469,081 shares during the quarter. APG Asset Management N.V. owned approximately […]
- 07/04/2020
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Lemonade’s CFO Says It’s Digitizing the Insurance Industry. Its IPO Soared More Than 100% Today.
- “Our stock values are about the future, not the past,” Tim Bixby told Barron’s.
- 07/02/2020
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Lemonade’s CFO Says It’s Digitizing the Insurance Industry. Its IPO Soared More Than 100% Today.
- “Our stock values are about the future, not the past,” Tim Bixby told Barron’s.
- 07/02/2020
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Lemonade logs best IPO debut of 2020 with more than 140% gain
- Lemonade Inc. snagged 2020’s strongest initial public offering debut as the shares of the mobile-based insurance startup became the latest to more than...
- 07/02/2020
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6 Low-Beta Property & Casualty Insurers to Beat Volatility
- We focus on some low-beta Property & Casualty Insurers that are poised to deliver steady performance irrespective of market conditions.
- 07/02/2020
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Lemonade IPO: 5 things to know about the online insurer
- As the world is buffeted by digital and societal revolutions, Lemonade Inc. is hoping to leverage the uncertainty created by those upheavals to reshape an...
- 07/01/2020
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First American Financial : Millennial Homeownership Delayed, Not Denied, According to First American Homeownership Progress Index | MarketScreener
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Can Value Investors Pick The Allstate (ALL) Stock Now?
- Is The Allstate Corporation (ALL) a great pick from the value investor's perspective right now? Read on to know more.
- 06/30/2020
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7 Undervalued Stocks to Buy
- Picking deep undervalued stocks will pay off in the long-run, as the economy takes its time to fully recover from the pandemic selloff.
- 06/23/2020
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6 Cheap Guru Stocks With Stable Dividend Yields
- According to the GuruFocus All-in-One Screener as of June 23, the following guru-held companies have high dividend yields and are trading with low price-earnings ratios.
- 06/23/2020
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Allstate to Discuss Second Quarter 2020 Earnings With Investors
- NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Wednesday, August 5, 2020, to discuss second quarter 2020 earnings. The company plans to file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. Eastern on Tuesday, August 4. To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, vi
- 06/23/2020
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Will Allstate's (ALL) May Catastrophe Loss Dim Q2 Prospects?
- Allstate (ALL) provides catastrophe loss estimate for May, which may weigh on second-quarter results.
- 06/19/2020
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What Makes Allstate (ALL) a New Buy Stock
- Allstate (ALL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 06/17/2020
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5 Undervalued Financial Stocks That Could Trade Higher
- Finding value continues to prove tricky in this market, with the S&P 500 trading with an average price-earnings ratio north of 22.
- 06/17/2020
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ALL vs. SIGI: Which Stock Should Value Investors Buy Now?
- ALL vs. SIGI: Which Stock Is the Better Value Option?
- 06/15/2020
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Top 4 ROE Picks as Markets Fear Coronavirus Resurgence
- ROE is often used to compare the profitability of a company with other firms in the industry -- the higher, the better.
- 06/15/2020
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5 Insurance Stocks to Buy Even as Fed Keeps Rates Unchanged
- We handpick five insurance stocks that investors may like to add as Fed keeps rates unchanged.
- 06/11/2020
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Give Your Portfolio Some Insurance With Allstate
- Allstate’s fundamentals have significantly improved and the stock currently earns a Very Attractive rating.
- 06/10/2020
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Give Your Portfolio Some Insurance With Allstate Corp
- We suggest investors look past the current economic downturn and set their sights on the opportunity that awaits when the economy recovers.
- 06/08/2020
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5 Reasons That Make Allstate (ALL) an Attractive Option
- Allstate (ALL) gains traction from the decline in driving, which results in a dramatic reduction in its claim costs.
- 06/04/2020
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Disappointing Near-Term Outlook for P&C Insurance Industry
- Disappointing Near-Term Outlook for P&C Insurance Industry
- 06/04/2020
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Allstate (ALL) Down 1.1% Since Last Earnings Report: Can It Rebound?
- Allstate (ALL) reported earnings 30 days ago. What's next for the stock?
- 06/04/2020
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