The Allstate Corporation (ALL) Analysts See $2.08 EPS

October 14, 2018 - By Nellie Frank

The Allstate Corporation (NYSE:ALL) LogoInvestors sentiment increased to 0.89 in Q2 2018. Its up 0.08, from 0.81 in 2018Q1. It increased, as 46 investors sold The Allstate Corporation shares while 286 reduced holdings. 60 funds opened positions while 237 raised stakes. 254.16 million shares or 2.24% less from 260.00 million shares in 2018Q1 were reported.
Jacobs Levy Equity Mgmt Inc reported 0.45% stake. Alpha Cubed Ltd Limited Liability Company owns 0.04% invested in The Allstate Corporation (NYSE:ALL) for 3,091 shares. 546,142 are owned by Martingale Asset Lp. Northcoast Asset Mngmt Ltd has 273,650 shares. North Carolina-based Jolley Asset Limited Liability has invested 0.03% in The Allstate Corporation (NYSE:ALL). Clarivest Asset Mngmt Limited Liability Co reported 1,287 shares or 0% of all its holdings. Arbor Lc holds 0.12% of its portfolio in The Allstate Corporation (NYSE:ALL) for 3,397 shares. Webster Bank N A holds 0.01% or 463 shares. Highvista Strategies Ltd Liability reported 0.16% in The Allstate Corporation (NYSE:ALL). Everence holds 0.28% or 14,413 shares. Moreover, Captrust Financial Advisors has 0.01% invested in The Allstate Corporation (NYSE:ALL) for 2,480 shares. Bkd Wealth Ltd Liability Corp invested 0.02% of its portfolio in The Allstate Corporation (NYSE:ALL). Toronto Dominion Bankshares holds 0.04% or 226,433 shares. stated it has 985 shares or 0.03% of all its holdings. Commonwealth Of Pennsylvania School Empls Retrmt Sys reported 36,794 shares.

Since September 13, 2018, it had 0 buys, and 1 insider sale for $1.04 million activity.

Analysts expect The Allstate Corporation (NYSE:ALL) to report $2.08 EPS on November, 7.They anticipate $0.48 EPS change or 30.00 % from last quarter’s $1.6 EPS. ALL’s profit would be $720.16M giving it 11.20 P/E if the $2.08 EPS is correct. After having $1.90 EPS previously, The Allstate Corporation’s analysts see 9.47 % EPS growth. The stock decreased 0.01% or $0.01 during the last trading session, reaching $93.16. About 1.86 million shares traded or 6.81% up from the average. The Allstate Corporation (NYSE:ALL) has risen 6.22% since October 14, 2017 and is uptrending. It has underperformed by 9.40% the S&P500.

The Allstate Corporation (NYSE:ALL) Ratings Coverage

Among 5 analysts covering Allstate (NYSE:ALL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Allstate had 10 analyst reports since April 16, 2018 according to SRatingsIntel. Citigroup maintained The Allstate Corporation (NYSE:ALL) on Friday, May 4 with “Buy” rating. Credit Suisse maintained The Allstate Corporation (NYSE:ALL) on Tuesday, August 28 with “Outperform” rating. The company was maintained on Friday, July 20 by Citigroup. The firm earned “Neutral” rating on Monday, July 16 by FBR Capital. The stock of The Allstate Corporation (NYSE:ALL) earned “Neutral” rating by FBR Capital on Tuesday, August 7. As per Wednesday, May 9, the company rating was maintained by Argus Research. The firm has “Neutral” rating given on Wednesday, July 18 by Buckingham Research. As per Monday, April 16, the company rating was maintained by FBR Capital. Citigroup maintained The Allstate Corporation (NYSE:ALL) rating on Friday, October 12. Citigroup has “Buy” rating and $115 target.

The Allstate Corporation, together with its subsidiaries, engages in property-liability insurance and life insurance business in the United States and Canada. The company has market cap of $32.26 billion. The company??s Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products under the Allstate, Esurance, and Encompass brand names. It has a 9.79 P/E ratio. It also offers specialty auto products including motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products including renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; commercial lines products for small business owners; roadside assistance products; service contracts; and other products sold in conjunction with auto lending and vehicle sales transactions.

More news for The Allstate Corporation (NYSE:ALL) were recently published by: Benzinga.com, which released: “Barron’s Picks And Pans: Allstate, CBS, Owens-Illinois, 3M And More” on September 15, 2018. Prnewswire.com‘s article titled: “Allstate Closes Acquisition of InfoArmor” and published on October 05, 2018 is yet another important article.

The Allstate Corporation (NYSE:ALL) Institutional Positions Chart

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