NYSE:ALL

Stock Analysis Report

Executive Summary

The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada.

Snowflake

Fundamentals

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Allstate's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.1%

NYSE:ALL

0.5%

US Insurance

1.1%

US Market


1 Year Return

6.7%

NYSE:ALL

9.5%

US Insurance

2.1%

US Market

ALL underperformed the Insurance industry which returned 9.5% over the past year.

ALL outperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

ALLIndustryMarket
7 Day2.1%0.5%1.1%
30 Day4.6%2.0%3.7%
90 Day5.0%1.1%2.3%
1 Year8.9%6.7%12.1%9.5%4.4%2.1%
3 Year68.3%59.0%47.0%35.8%47.0%37.4%
5 Year93.4%76.1%69.6%49.3%61.6%43.8%

Price Volatility Vs. Market

How volatile is Allstate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Allstate undervalued based on future cash flows and its price relative to the stock market?

38%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Allstate's share price is below the future cash flow value, and at a moderate discount (> 20%).

Allstate's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Allstate is good value based on earnings compared to the US Insurance industry average.

Allstate is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Allstate earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Allstate is overvalued based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is Allstate expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

-6.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Allstate's revenue is expected to grow by 0.5% yearly, however this is not considered high growth (20% yearly).

Allstate's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Allstate's revenue growth is positive but not above the United States of America market average.

Allstate's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Allstate's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Allstate is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Allstate performed over the past 5 years?

4.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Allstate's year on year earnings growth rate has been positive over the past 5 years.

Allstate's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Allstate's 1-year earnings growth is negative, it can't be compared to the US Insurance industry average.


Return on Equity

Allstate has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Allstate used its assets less efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Allstate has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Allstate's financial position?


Financial Position Analysis

Allstate's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Allstate's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Allstate's level of debt (27.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (25% vs 27.1% today).

Debt is well covered by operating cash flow (77.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 11.4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.1x debt.


Next Steps

Dividend

What is Allstate's current dividend yield, its reliability and sustainability?

1.93%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Allstate's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).

Allstate's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).


Next Steps

Management

What is the CEO of Allstate's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Tom Wilson (61yo)

12.7yrs

Tenure

US$18,687,246

Compensation

Mr. Thomas Joseph Wilson, II, also known as Tom, has been the Chairman of The Allstate Corporation since May, 2008, as its Chief Executive Officer since January 1, 2007 and President since February 23, 201 ...


CEO Compensation Analysis

Tom's remuneration is higher than average for companies of similar size in United States of America.

Tom's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.5yrs

Average Tenure

54yo

Average Age

The tenure for the Allstate management team is about average.


Board Age and Tenure

4.8yrs

Average Tenure

62yo

Average Age

The tenure for the Allstate board of directors is about average.


Insider Trading

Allstate individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$92,04308 Aug 19
Jesse Merten
EntityIndividual
Shares900
Max PriceUS$102.27
SellUS$1,018,44406 Aug 19
Mary Jane Fortin
EntityIndividual
Shares9,773
Max PriceUS$104.21
SellUS$818,08027 Jun 19
Susan Lees
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares8,000
Max PriceUS$102.26
SellUS$228,35225 Jun 19
Judith Sprieser
EntityIndividual
Role
Lead Director
Lead Director
Shares2,225
Max PriceUS$102.63
SellUS$64,11809 Nov 18
Jesse Merten
EntityIndividual
Shares696
Max PriceUS$92.12

Ownership Breakdown


Management Team

  • Samuel Pilch (72yo)

    Senior Group VP & Controller of Allstate Insurance Company

    • Tenure: 23.7yrs
    • Compensation: US$1.85m
  • Tom Wilson (61yo)

    Chairman

    • Tenure: 12.7yrs
    • Compensation: US$18.69m
  • Steve Shebik (62yo)

    Vice Chairman

    • Tenure: 1.7yrs
    • Compensation: US$7.16m
  • John Pintozzi (53yo)

    Senior VP

    • Tenure: 0yrs
  • John Dugenske (52yo)

    Executive VP and Chief Investment & Corporate Strategy Officer of AIC

    • Tenure: 2.5yrs
    • Compensation: US$6.76m
  • Susie Lees (61yo)

    Executive VP

    • Tenure: 7.3yrs
  • Mario Rizzo (52yo)

    Executive VP & CFO

    • Tenure: 1.7yrs
    • Compensation: US$4.33m
  • Glenn Shapiro (53yo)

    President of Allstate Personal Lines - Allstate Insurance Company

    • Tenure: 1.7yrs
    • Compensation: US$5.32m
  • John Griek

    Director

    • Tenure: 3.7yrs
  • Elizabeth Brady (54yo)

    Executive VP and Chief Marketing

    • Tenure: 1.1yrs

Board Members

  • Tom Wilson (61yo)

    Chairman

    • Tenure: 12.7yrs
    • Compensation: US$18.69m
  • Mike Eskew (69yo)

    Director

    • Tenure: 5.2yrs
    • Compensation: US$296.06k
  • Bobby Mehta (61yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$305.06k
  • Judy Sprieser (66yo)

    Lead Director

    • Tenure: 4.3yrs
    • Compensation: US$330.06k
  • Gregg Sherrill (66yo)

    Director

    • Tenure: 1.9yrs
    • Compensation: US$280.06k
  • Perry Traquina (62yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$280.06k
  • Steve Shebik (62yo)

    Vice Chairman

    • Tenure: 1.7yrs
    • Compensation: US$7.16m
  • Andrea Redmond (63yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$300.06k
  • Kermit Crawford (60yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$302.46k
  • Jacques Perold (60yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$280.06k

Company Information

The Allstate Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Allstate Corporation
  • Ticker: ALL
  • Exchange: NYSE
  • Founded: 1931
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$35.533b
  • Shares outstanding: 329.19m
  • Website: https://www.allstate.com

Number of Employees


Location

  • The Allstate Corporation
  • 2775 Sanders Road
  • Northbrook
  • Illinois
  • 60062
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALLNYSE (New York Stock Exchange)YesCommon StockUSUSDJun 1993
ALSDB (Deutsche Boerse AG)YesCommon StockDEEURJun 1993
0HCZLSE (London Stock Exchange)YesCommon StockGBUSDJun 1993
ALL.PRBNYSE (New York Stock Exchange)SUB DEB 53USUSDJan 2013
ALL.PRANYSE (New York Stock Exchange)DEP SHS PFD AUSUSDJun 2013
ALL.PRGNYSE (New York Stock Exchange)DEP 1/1000 PFD GUSUSDMar 2018
ALL.PRHNYSE (New York Stock Exchange)DP SHS PFD HUSUSDAug 2019

Biography

The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection, Service B ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:31
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.