2 weeks Ago By ABMN Staff
The Allstate Co. ( NYSE:ALL – Free Report ) – Equities researchers at Roth Capital raised their FY2024 earnings per share (EPS) estimates for Allstate in a research report issued to clients and investors on Wednesday, October 30th. Roth Capital analyst H.
Fong now anticipates that the insurance provider will post earnings of $16.00 per share for the year, up from their prior forecast of $13.48.
The consensus estimate for Allstate’s current full-year earnings is $15.23 per share. Roth Capital also issued estimates for Allstate’s Q4 2024 earnings at $5.
35 EPS, Q1 2025 earnings at $5.80 EPS, Q2 2025 earnings at $3.16 EPS and FY2025 earnings at $19.
00 EPS. Allstate ( NYSE:ALL – Get Free Report ) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $3.
91 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $1.71.
Allstate had a net margin of 6.77% and a return on equity of 26.67%.
The company had revenue of $16.63 billion during the quarter, compared to the consensus estimate of $14.57 billion.
During the same quarter in the prior year, the company posted $0.81 EPS. The company’s quarterly revenue was up 14.
7% compared to the same quarter last year. View Our Latest Analysis on ALL Allstate Stock Up 1.5 % Shares of NYSE ALL opened at $185.
03 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.
40 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $49.
00 billion, a PE ratio of 11.98, a P/E/G ratio of 1.73 and a beta of 0.
48. The firm has a fifty day moving average of $188.85 and a 200-day moving average of $175.
50. Allstate has a 52-week low of $127.93 and a 52-week high of $198.
79. Insider Activity In other news, CEO Thomas J. Wilson sold 90,000 shares of the firm’s stock in a transaction on Wednesday, August 21st.
The stock was sold at an average price of $179.34, for a total transaction of $16,140,600.00.
Following the transaction, the chief executive officer now directly owns 88,552 shares of the company’s stock, valued at approximately $15,880,915.68. This trade represents a 0.
00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . In other news, CEO Thomas J.
Wilson sold 90,000 shares of Allstate stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $179.34, for a total transaction of $16,140,600.
00. Following the transaction, the chief executive officer now directly owns 88,552 shares in the company, valued at approximately $15,880,915.68.
This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link .
Also, EVP Elizabeth Brady sold 49,481 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $179.09, for a total value of $8,861,552.
29. Following the transaction, the executive vice president now directly owns 19,163 shares of the company’s stock, valued at $3,431,901.67.
This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here .
Over the last 90 days, insiders have sold 192,530 shares of company stock valued at $34,967,665. Insiders own 1.80% of the company’s stock.
Hedge Funds Weigh In On Allstate Institutional investors have recently bought and sold shares of the stock. Northwest Investment Counselors LLC acquired a new stake in Allstate during the 3rd quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Allstate in the third quarter worth $29,000.
Versant Capital Management Inc grew its stake in Allstate by 70.9% in the second quarter. Versant Capital Management Inc now owns 188 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 78 shares in the last quarter.
Family Firm Inc. purchased a new stake in shares of Allstate during the 2nd quarter worth about $38,000. Finally, MCF Advisors LLC increased its holdings in Allstate by 33.
9% in the second quarter. MCF Advisors LLC now owns 332 shares of the insurance provider’s stock worth $53,000 after buying an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 76.
47% of the company’s stock. About Allstate ( Get Free Report ) The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments.
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