Allstate upgraded by BMO Capital Markets with a new price target
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Property-Casualty Insurers
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BMO Capital Markets upgraded Allstate from Market Perform to Outperform and set a new price target of $191.00 from $190.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/3/2025 | Hold → Buy | Argus | |
| 1/8/2025 | In-line → Outperform | Evercore ISI | |
| 9/5/2024 | $175.00 | Underweight | Barclays |
| 8/12/2024 | $142.00 → $177.00 | Underweight → Equal Weight | Wells Fargo |
| 7/18/2024 | $190.00 → $191.00 | Market Perform → Outperform | BMO Capital Markets |
| 3/28/2024 | $158.00 → $190.00 | Hold → Buy | HSBC Securities |
| 1/10/2024 | $193.00 | Outperform | TD Cowen |
| 1/9/2024 | $130.00 → $180.00 | Hold → Buy | Jefferies |
The Allstate Corporation (NYSE:ALL) today reported financial results for the first quarter of 2025. "Allstate's strategy, operational excellence and risk management practices generated strong first quarter results, despite unprecedented severe weather," said Tom Wilson, Chair, President and CEO of The Allstate Corporation. "Revenues increased to $16.5 billion, a 7.8% increase over the prior year, with growth in policies in force of 6.7% to 211 million. Net income was $566 million, lower than last year, as a record $3.3 billion of gross catastrophe losses were partially offset by $1.1 billion of reinsurance recoveries in the quarter. Adjusted net income* was $949 million, or $3.53 per dilut
From raising funds for cancer care to combating food insecurity, these 20 student-athletes are recognized for their meaningful work beyond the scoreboard. Allstate and the National Association of Collegiate Directors of Athletics (NACDA) proudly introduce the inaugural Allstate NACDA Good Works Team (Spring), a powerhouse group of 20 student-athletes who are leading in their sport, in the classroom and in communities across the country. The team includes men and women from NCAA Divisions I, II, and III and NAIA – representing spring sports including baseball, softball, tennis, golf, lacrosse and track and field. Honorees were selected from over 200 nominees for championing causes like edu
The Allstate Corporation (NYSE:ALL) today announced estimated catastrophe losses for the month of March of $1.04 billion or $818 million, after-tax. Catastrophe losses for March include 11 events with approximately 80% of the losses related to four geographically widespread wind and hail events. In March, Allstate surpassed the retention level of the annual aggregate reinsurance cover for the annual risk period ending March 31, 2025, with expected recoveries of approximately $123 million, reducing March catastrophe losses. Total catastrophe losses for the first quarter of 2025 were $2.20 billion or $1.74 billion, after-tax. Allstate Protection policies in force are as follows: Allstate
4 - ALLSTATE CORP (0000899051) (Issuer)
4 - ALLSTATE CORP (0000899051) (Issuer)
4 - ALLSTATE CORP (0000899051) (Issuer)
10-Q - ALLSTATE CORP (0000899051) (Filer)
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Argus upgraded Allstate from Hold to Buy
Evercore ISI upgraded Allstate from In-line to Outperform
Barclays initiated coverage of Allstate with a rating of Underweight and set a new price target of $175.00
SC 13G/A - ALLSTATE CORP (0000899051) (Subject)
SC 13G/A - ALLSTATE CORP (0000899051) (Subject)
SC 13G/A - ALLSTATE CORP (0000899051) (Subject)
The Allstate Corporation (NYSE:ALL) today reported financial results for the first quarter of 2025. "Allstate's strategy, operational excellence and risk management practices generated strong first quarter results, despite unprecedented severe weather," said Tom Wilson, Chair, President and CEO of The Allstate Corporation. "Revenues increased to $16.5 billion, a 7.8% increase over the prior year, with growth in policies in force of 6.7% to 211 million. Net income was $566 million, lower than last year, as a record $3.3 billion of gross catastrophe losses were partially offset by $1.1 billion of reinsurance recoveries in the quarter. Adjusted net income* was $949 million, or $3.53 per dilut
The Allstate Corporation (NYSE:ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, May 1, 2025, to discuss first-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, April 30. The earnings release and investor supplement will be accessible shortly after filing on the SEC's website (www.sec.gov) and Allstate's Investor Relations website (www.allstateinvestors.com). Get Allstate financial news at www.allstateinvestors.com: View the Form 8-K, earnings release and investor supplement after filing. Join the live conference call and access the webcast replay, wh
The Allstate Corporation (NYSE:ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on Feb. 26, 2025, which is an increase of $0.08, or 8.7%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends. In addition, the board of directors has authorized a $1.5 billion share repurchase program of outstanding common stock. The authorization will remain in effect through Sept. 30, 2026. "Today's announcement reflects Allstate's strong financial position and continued confidence in our strategy," said Jess Merten, Allstate's Chief Financial Officer. "The dividend increases combined with the new $1.5 billio
Nearly 200 student-athletes across collegiate winter sports are recognized for giving back to their communities as part of the newly expanded Good Works Team. Allstate and the National Association of Collegiate Directors of Athletics (NACDA) proudly honor 193 student-athletes excelling in academics, sports and community impact. Nominated by athletics administrators, conference office staff, and coaches, these student-athletes embody leadership, service and character and will now be considered for selection to the inaugural Allstate NACDA Good Works Team (Winter). "These young women and men are more than competitors – they're leaders, changemakers and role models," said Holly Rowe, ESPN re
Son of late NBA player Darryl Dawkins, the Penn State senior offensive lineman has carved his own path as a leader both on and off the field. Nick Dawkins, a three-time Academic All-Big Ten honoree and Penn State's 2023 Public Service Award winner who founded the Dawkins Family Foundation to champion academic and athletic excellence for young students, is this year's Allstate Wuerffel Trophy recipient and Allstate AFCA Good Works Team Captain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241213955921/en/Nick Dawkins, 2024 Allstate Wuerffel Trophy Recipient and Allstate Good Works Team Captain (Photo: Business Wire) Dawkins s
Student-athletes, head coach recognized by college football's highest community service honors. The 2024 Allstate AFCA Good Works Team® is set, narrowing the candidates for this year's Allstate Wuerffel Trophy. The Allstate AFCA Good Works Team names 22 student-athletes and one head coach for exemplary community service. The Allstate Wuerffel Trophy, announced later this year, is presented to one of the 11 NCAA Football Bowl Subdivision (FBS) players elected to the Allstate AFCA Good Works Team. "Each year, I'm inspired by the way these young men use their gifts to make a positive impact on their communities," said Tim Tebow, two-time national champion, Heisman Trophy winner, 2009 Good W