The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other. The company offers private passenger auto, homeowners, other personal lines and commercial insurance through exclusive agents, independent agents, contact centers and online under the Allstate, National General, Direct Auto and Answer Financial brands. It also provides consumer product protection plans, device and mobile data collection services, and analytic solutions using automotive telematics information, roadside assistance, and protection plans; and insurance products, such as identity protection and restoration. In addition, the company offers property and casualty insurance, as well as engages in company activities and certain non-insurance operations, including expenses associated with strategic initiatives. Further, it offers automotive protection; vehicle service contracts, guaranteed asset protection, road hazard tires and wheels, and paintless dent repair protection; and roadside assistance, mobility data collection services, and analytic solutions using automotive telematics information, identity theft protection, and remediation services. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
Resilient Performance | Allstate's robust financial results, including EPS beats and strong revenue growth, showcase its resilience amid industry challenges and catastrophic events |
Growth Amidst Adversity | Explore Allstate's strategic expansion in auto insurance and multi-channel distribution, driving policy growth despite market pressures |
Navigating Catastrophes | Delve into Allstate's evolving risk management strategies as it grapples with significant catastrophe losses, particularly from wildfires in California |
Future Outlook | Analyst price targets range from $172 to $230, reflecting diverse views on Allstate's ability to balance growth opportunities with ongoing industry challenges |
Metrics to compare | ALL | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipALLPeersSector | |
|---|---|---|---|---|
P/E Ratio | 5.5x | 11.4x | 10.0x | |
PEG Ratio | 0.04 | 0.41 | 0.03 | |
Price/Book | 2.0x | 1.6x | 1.0x | |
Price / LTM Sales | 0.8x | 0.9x | 2.9x | |
Upside (Analyst Target) | 12.1% | 25.3% | 13.9% | |
Fair Value Upside | Unlock | 0.4% | 1.8% | Unlock |