ALLSTATE CORPORATION Shares Increase by 219
January 5, 2023
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Allstate Corporation Intrinsic Value – Allstate Corporation ($NYSE:ALL) is an American insurance company based in Northbrook, Illinois. It is the largest publicly traded property and casualty insurer in the United States, and offers a variety of products and services, including auto, homeowners, renters, life and commercial insurance. Recently, Allstate Corporation’s stock has been on the rise. This can be attributed to positive news about the company’s financial performance, as well as its strong dividend yield. The company has also been investing in new technologies and expanding its reach in order to better serve its customers. Allstate Corporation has also been actively investing in its existing businesses. The company has been increasing its capital expenditure to develop new products and services, as well as expanding into new markets. This includes offering new products such as mobile apps for customers to manage their policies and pay premiums.
In addition, Allstate Corporation has been expanding its use of analytics to better understand customer needs and preferences, allowing them to better customize their offerings. Overall, Allstate Corporation’s stock has been performing well and investors are optimistic about the company’s prospects. With its strong dividend yield, increasing financial performance, and continued investment in new technologies and markets, Allstate Corporation is poised to continue its upward trajectory in the coming months and years.
Price History
On Tuesday, ALLSTATE CORPORATION shares increased by 219, opening at 135.5 and closing at 136.7. This was 0.8% higher than the prior closing price of 135.6. The increase was largely due to the positive media exposure the company had been receiving lately. ALLSTATE CORPORATION is an American insurance company that provides a variety of insurance products, such as auto, home, business, and life insurance. It also offers retirement and investment products, such as mutual funds and annuities, as well as financial services. ALLSTATE CORPORATION has been steadily increasing its market share over the past few years.
This is thanks to its comprehensive range of products and services, as well as its strong customer service and competitive pricing. The company’s stock has been on an upward trajectory over the past few months. This can be attributed to the positive publicity the company has been receiving lately. Analysts believe that this trend is likely to continue, with the stock likely to reach new highs in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Allstate Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 52.56k | -316 | 0.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Allstate Corporation. More…
| Operations | Investing | Financing |
| 5.02k | -1.06k | -4.02k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Allstate Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 97.68k | 80.11k | 66.44 |
Key Ratios Snapshot
Some of the financial key ratios for Allstate Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.2% | – | 0.6% |
| FCF Margin | ROE | ROA |
| 8.8% | 1.0% | 0.2% |
VI Analysis – Allstate Corporation Intrinsic Value Calculator
Allstate Corporation is a great stock to consider for long-term investments. Its fundamentals are strong and can be easily evaluated with the help of the VI app. According to the analysis made by VI Line, the intrinsic value of Allstate Corporation shares is around $144.1. This means that the current market price of $136.7 is slightly undervalued by 5%. This presents a great opportunity for investors who are looking for a good long-term investment option. The company’s financial performance has been consistent over the years, with steady growth in revenue and profitability. It has a strong balance sheet with low debt and healthy cash reserves. The company has also been able to maintain strong returns on equity and capital, making it an attractive option for investors. Allstate Corporation has a long history of providing quality services to its customers and is well-known for its excellent customer service. It also has multiple subsidiaries, which are engaged in various activities such as insurance, investments, and lending. This diversified portfolio of businesses provides stability and a reliable source of income for the company. Its fundamentals are strong and its current market price of $136.7 is slightly undervalued compared to its intrinsic value. With its consistent financial performance and diversified business lines, Allstate Corporation is a safe option that is likely to yield attractive returns over the long term. More…
VI Peers
Allstate Corporation is an American publicly held insurance company headquartered in Northfield Township, Illinois, a suburb of Chicago. Allstate was founded in 1931 as part of Sears, Roebuck and Co., and was spun off in 1993. The company also has personal lines insurance operations in Canada. Allstate is a leading insurer of properties and casualty insurance in the United States.
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Summary
Allstate Corporation has seen a significant increase in its stock value over the last few months. This surge has been largely attributed to the positive media exposure the company has received, which has helped to boost investor confidence. Analysts are generally bullish on Allstate Corporation and its prospects for future growth, citing its strong financials, diversified portfolio of products and services, and solid management team.
The company also has a history of shareholder-friendly policies, including regular dividend payouts and share repurchases. With the stock price continuing to rise, Allstate Corporation looks to be a sound investment option for the long-term.
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