14-Jan-2025
LA fire damage revised up to $250B-$275B in latest AccuWeather estimate
Seeking Alpha News (Tue, 14-Jan 12:49 PM ET)
LA fire damage revised up markedly to $250B-$275B in latest AccuWeather estimate
Seeking Alpha News (Tue, 14-Jan 12:49 PM ET)
Texas sues insurer Allstate (NYSE:ALL) Over Alleged Illegal Data Collection
TipRanks (Tue, 14-Jan 8:24 AM ET)
Wells Fargo Sticks to Its Hold Rating for Allstate (ALL)
TipRanks (Tue, 14-Jan 6:39 AM ET)
California fires seen causing $30B in insured losses, Wells Fargo Says
Seeking Alpha News (Mon, 13-Jan 5:49 PM ET)
LA fire insured losses to be a 'manageable earnings event' for P&C insurers: Jefferies
Seeking Alpha News (Mon, 13-Jan 10:36 AM ET)
Top Seeking Alpha Quant picks in Financial sector with earnings around the corner
Seeking Alpha News (Mon, 13-Jan 10:05 AM ET)
Los Angeles wildfires blaze on, strong winds to intensify this week
Seeking Alpha News (Mon, 13-Jan 6:51 AM ET)
Moody's assesses California's P&C, commercial property insurers amid wildfire disaster
Seeking Alpha News (Sun, 12-Jan 4:15 PM ET)
LA wildfires may be costliest in U.S. history, forecast says
Seeking Alpha News (Sun, 12-Jan 9:26 AM ET)
Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
Allstate trades on the NYSE stock market under the symbol ALL.
As of January 14, 2025, ALL stock price climbed to $186.81 with 1,484,948 million shares trading.
ALL has a beta of 0.45, meaning it tends to be less sensitive to market movements. ALL has a correlation of 0.07 to the broad based SPY ETF.
ALL has a market cap of $49.47 billion. This is considered a Large Cap stock.
Last quarter Allstate reported $15 billion in Revenue and $3.91 earnings per share. This fell short of revenue expectation by $-233 million and exceeded earnings estimates by $1.44.
In the last 3 years, ALL traded as high as $209.88 and as low as $100.57.
The top ETF exchange traded funds that ALL belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
ALL has outperformed the market in the last year with a return of +26.1%, while the SPY ETF gained +23.6%. However, in the most recent history, ALL shares have underperformed the stock market with its stock returning -0.3% in the last 3 month period and -3.0% for the last 2 week period, while SPY has returned +0.8% and -1.0%, respectively.
ALL support price is $179.56 and resistance is $185.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALL shares will trade within this expected range on the day.