Allstate Corp Stock Price History and Market Performance

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The Allstate Corp stock price has experienced significant fluctuations over the years, with its market performance being heavily influenced by various economic and industry factors.

In 2010, the company's stock price reached an all-time high of $64.98 per share.

The Allstate Corp has consistently paid dividends to its shareholders since 1931, with a current dividend yield of around 2.5%.

The company's stock price has been impacted by changes in the insurance industry, including the Affordable Care Act, which has led to increased competition and pricing pressures.

In 2019, the Allstate Corp reported a net income of $2.3 billion, with a total revenue of $47.3 billion.

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Financial Analysis

The Allstate Corporation's financial performance is a key indicator of its overall health. In 2023, the company's revenue was $57.09 billion, a significant increase of 11.05% compared to the previous year.

This growth in revenue is a positive sign for investors, indicating a strong demand for the company's services. The revenue figure is substantial, reflecting the company's size and scope.

Losses for the company were -$316.00 million in 2023, a notable decrease of 77.33% compared to the previous year.

Stock Price and Valuation

Credit: youtube.com, The Allstate Corporation (ALL): A Top Insurance Stock for 2025? Allstate (ALL) stock analysis

The stock price of Allstate Corp has seen some fluctuations over the years. The 1-month period low was at 176.46, which is a 7.99% increase from the low on 01/10/25.

In the 3-month period, the high was at 209.88, a 9.21% decrease from the high on 11/27/24. This is a notable drop, and it's essential to keep an eye on such changes.

Here's a breakdown of the 1-month, 3-month, and 52-week periods:

The valuation of Allstate Corp also shows some interesting trends. The enterprise value was at 51.16B, 48.71B, 46.03B, and 40.98B at different points in time.

Price

The price of a stock can fluctuate significantly over time, and it's essential to understand these changes to make informed investment decisions.

The period low of a stock can be a good indicator of its overall performance. For example, the 1-month period low was 176.46 on January 10, 2025, which is a 7.99% increase from its original value.

Credit: youtube.com, Stock Multiples: How to Tell When a Stock is Cheap/Expensive

In the past 1 month, the stock's performance has been -3.24, or -1.67%, since December 27, 2024.

Here's a breakdown of the stock's performance over different time periods:

The stock's price has also experienced significant fluctuations over the past 52 weeks, with a 52-week low of 153.42 on February 1, 2024, and a 52-week high of 209.88 on November 27, 2024.

Valuation: The Corporation

The valuation of a company can be a complex and multifaceted topic. The Allstate Corporation's capitalization has fluctuated, ranging from 40.98B to 81.42B.

One key metric to consider is the price-to-earnings (P/E) ratio, which measures the company's stock price relative to its earnings. For 2024, the P/E ratio for Allstate is 12.4x, while for 2025 it's expected to be 10.4x.

The enterprise value (EV) is another important metric, which takes into account the company's debt and cash. The EV for Allstate has also varied, ranging from 40.98B to 7,884B.

Credit: youtube.com, How Peter Lynch Values a Stock! (Peter Lynch's Valuation Tutorial)

The EV-to-sales ratio is a useful metric for comparing a company's value to its revenue. For 2024, the EV-to-sales ratio for Allstate is 0.81x, while for 2025 it's expected to be 0.75x.

Here's a summary of Allstate's valuation metrics:

These numbers give us a snapshot of Allstate's valuation, but it's essential to keep in mind that market conditions and other factors can influence these metrics.

Company News and Events

Allstate Corp has seen a number of price target adjustments in recent months. Keefe, Bruyette & Woods initially adjusted their price target on Allstate to $235 from $243 on January 17.

These adjustments reflect the company's performance and future prospects, with analysts continually revising their estimates. On January 14, Wells Fargo adjusted their price target on Allstate to $187 from $186, while maintaining an equal weight rating.

Here's a summary of the price target adjustments for Allstate Corp:

These adjustments demonstrate the ongoing analysis and evaluation of Allstate Corp's stock price by financial experts.

Corporation News

Credit: youtube.com, News and Events

Allstate Corporation has been in the news lately, with several updates on their stock price and ratings. Keefe, Bruyette & Woods adjusted their price target on Allstate to $235 from $243.

Several analysts have made changes to their recommendations for Allstate. For example, Wells Fargo adjusted their price target to $187 from $186, while maintaining an equal weight rating.

Allstate is also facing a lawsuit filed by the Texas Attorney General over alleged violations of data privacy laws. This is a significant development for the company and its stakeholders.

Here's a list of recent updates on Allstate's stock price and ratings:

These updates demonstrate the ongoing interest in Allstate's stock and the changing opinions of analysts regarding its value.

Allstate, Travelers Stocks Fall on L.A. Fires

The recent L.A. fires have had a significant impact on the stock market, particularly for Allstate and Travelers. Their stocks have taken a hit due to the increased risk of fires.

Credit: youtube.com, California fires spark insurance crisis, projected losses up to $150B

The death toll from the fires has risen to 24, a tragic reminder of the devastation caused by these disasters. The number of structures that have burned exceeds 12,000.

As a result of the fires, Allstate and Travelers are facing significant financial losses. Their stocks have fallen due to the increased risk of fires.

Frequently Asked Questions

Is Allstate a good stock to buy now?

Allstate has a Moderate Buy rating with a price target of $225.47, suggesting potential growth, but consider researching further to make an informed investment decision.

What is the highest Allstate stock price?

The highest Allstate stock price was 207.39 on November 29, 2024. This represents the company's all-time high closing price.

How many times has Allstate stock split?

Allstate stock has had only one stock split in its history, which occurred on July 2, 1998. This was a 2 for 1 split, doubling the number of shares owned by shareholders.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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