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Market Cap

US$39.6b

Last Updated

2021/05/10 22:46 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Outstanding track record established dividend payer.


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

Stable Share Price: ALL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ALL's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

5.0%

ALL

3.2%

US Insurance

0.2%

US Market


1 Year Return

32.1%

ALL

55.8%

US Insurance

49.9%

US Market

Return vs Industry: ALL underperformed the US Insurance industry which returned 55.8% over the past year.

Return vs Market: ALL underperformed the US Market which returned 49.9% over the past year.


Shareholder returns

ALLIndustryMarket
7 Day5.0%3.2%0.2%
30 Day14.9%7.5%1.5%
90 Day24.7%16.8%3.3%
1 Year35.3%32.1%59.8%55.8%52.4%49.9%
3 Year50.1%40.9%43.9%33.2%63.7%53.4%
5 Year119.9%99.1%89.5%66.1%130.6%104.9%

Long-Term 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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALL ($132.26) is trading below our estimate of fair value ($270.89)

Significantly Below Fair Value: ALL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALL is good value based on its PE Ratio (5.8x) compared to the US Insurance industry average (12.8x).

PE vs Market: ALL is good value based on its PE Ratio (5.8x) compared to the US market (20.3x).


Price to Earnings Growth Ratio

PEG Ratio: ALL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ALL is overvalued based on its PB Ratio (1.6x) compared to the US Insurance industry average (1.2x).


Future Growth

How is Allstate forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALL's earnings are forecast to decline over the next 3 years (-13.5% per year).

Earnings vs Market: ALL's earnings are forecast to decline over the next 3 years (-13.5% per year).

High Growth Earnings: ALL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ALL's revenue is expected to decline over the next 3 years (-3.2% per year).

High Growth Revenue: ALL's revenue is forecast to decline over the next 3 years (-3.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALL's Return on Equity is forecast to be low in 3 years time (13.9%).


Past Performance

How has Allstate performed over the past 5 years?

24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALL has high quality earnings.

Growing Profit Margin: ALL's current net profit margins (14.9%) are higher than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: ALL's earnings have grown significantly by 24.5% per year over the past 5 years.

Accelerating Growth: ALL's earnings growth over the past year (67%) exceeds its 5-year average (24.5% per year).

Earnings vs Industry: ALL earnings growth over the past year (67%) exceeded the Insurance industry 34.1%.


Return on Equity

High ROE: ALL's Return on Equity (26.7%) is considered high.


Financial Health

How is Allstate's financial position?


Financial Position Analysis

Short Term Liabilities: ALL's short term assets ($61.5B) do not cover its short term liabilities ($83.9B).

Long Term Liabilities: ALL's short term assets ($61.5B) exceed its long term liabilities ($19.1B).


Debt to Equity History and Analysis

Debt Level: ALL's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: ALL's debt to equity ratio has increased from 25.1% to 27.9% over the past 5 years.

Debt Coverage: ALL's debt is well covered by operating cash flow (78.2%).

Interest Coverage: ALL's interest payments on its debt are well covered by EBIT (32.2x coverage).


Balance Sheet


Dividend

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

2.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALL's dividend (2.45%) is higher than the bottom 25% of dividend payers in the US market (1.23%).

High Dividend: ALL's dividend (2.45%) is low compared to the top 25% of dividend payers in the US market (3.4%).


Stability and Growth of Payments

Stable Dividend: ALL's dividends per share have been stable in the past 10 years.

Growing Dividend: ALL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.6%), ALL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALL's dividends in 3 years are forecast to be well covered by earnings (28.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Tom Wilson (62 yo)

14.33yrs

Tenure

US$21,126,386

Compensation

Mr. Thomas Joseph Wilson II, also known as Tom, has been Chief Executive Officer at The Allstate Corporation since January 1, 2007 and President since February 23, 2018 and served as its President from Jun...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD21.13M) is above average for companies of similar size in the US market ($USD11.15M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ALL's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: ALL's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ALL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$39.591b
  • Shares outstanding: 299.34m
  • Website: https://www.allstate.com

Number of Employees


Location

  • The Allstate Corporation
  • 2775 Sanders Road
  • Northbrook
  • Illinois
  • 60062-6127
  • United States

Listings


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, Protectio...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 22:46
End of Day Share Price2021/05/10 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.