<div id="readability-page-1"><p>Allstate (NYSE:ALL - Get Free Report) issued its earnings results on Wednesday. The insurance provider reported $14.31 EPS for the quarter, topping the consensus estimate of $8.72 by $5.59, FiscalAI reports. Allstate had a net margin of 12.53% and a return on equity of 35.42%.</p><h2>Allstate Price Performance</h2><ul><li>Top 5 MarketRank™ Stocks Backed by Analysts and Big Institutions</li></ul><p>ALL stock traded up $5.28 during trading on Wednesday, hitting $207.05. The stock had a trading volume of 2,420,622 shares, compared to its average volume of 1,852,239. The stock has a market cap of $54.18 billion, a price-to-earnings ratio of 6.70, a price-to-earnings-growth ratio of 0.44 and a beta of 0.23. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.43 and a current ratio of 0.43. The company's 50 day moving average price is $204.11 and its two-hundred day moving average price is $203.58. Allstate has a 1-year low of $176.00 and a 1-year high of $215.89. </p><h2>Allstate Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, December 1st. Allstate's dividend payout ratio (DPR) is currently 12.95%. </p><h2>Insider Buying and Selling at Allstate</h2><ul><li>Affirm Is Expanding Buy Now, Pay Later Services for Rent Payments</li></ul><p>In related news, insider Suren Gupta sold 21,871 shares of the company's stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $215.21, for a total transaction of $4,706,857.91. Following the transaction, the insider owned 100,646 shares of the company's stock, valued at approximately $21,660,025.66. This represents a 17.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 48,400 shares of company stock valued at $10,313,256 over the last ninety days. Insiders own  1.70% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of large investors have recently made changes to their positions in ALL. Brighton Jones LLC increased its stake in  Allstate by 60.2% in the fourth quarter. Brighton Jones LLC now owns 6,500 shares of the insurance provider's stock valued at $1,253,000 after purchasing an additional 2,443 shares during the last quarter.  Revolve Wealth Partners LLC purchased a new stake in  Allstate in the 4th quarter valued at about $231,000.  WINTON GROUP Ltd acquired a new position in shares of  Allstate during the 2nd quarter valued at about $210,000.  Treasurer of the State of North Carolina boosted its position in shares of  Allstate by 2.5% in the second quarter. Treasurer of the State of North Carolina now owns 123,272 shares of the insurance provider's stock worth $24,816,000 after acquiring an additional 3,051 shares during the last quarter.  Finally, Ieq Capital LLC grew its holdings in  Allstate by 20.1% in the second quarter. Ieq Capital LLC now owns 38,316 shares of the insurance provider's stock valued at $7,713,000 after purchasing an additional 6,412 shares during the period. Hedge funds and other institutional investors own  76.47% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Ally Financial Pops on Q4 Earnings Beat and $2 Billion Buyback</li></ul><p>Several brokerages have weighed in on ALL. BMO Capital Markets upped their target price on shares of Allstate from $235.00 to $244.00 and gave the stock an &#34;outperform&#34; rating in a research report on Friday, November 7th. Mizuho  set a $255.00 price target on Allstate in a report on Wednesday, January 14th. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Allstate in a research note on Wednesday, January 21st. William Blair lowered Allstate from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a report on Thursday, December 18th. Finally, Zacks Research cut Allstate from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, December 19th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued  a Hold rating and one  has issued  a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $236.19.</p><p><b>Read Our Latest Report on ALL</b></p><h2>Allstate Company Profile</h2> (Get Free Report)<p>Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings.  </p><p>The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Allstate</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>The gold chart Wall Street is terrified of…</li><li>GOLD ALERT</li><li>What a Former CIA Agent Knows About the Coming Collapse</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Allstate Right Now?</h2><p>Before you consider Allstate, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allstate wasn't on the list.</p><p>While Allstate currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Allstate (NYSE:ALL) reported quarterly earnings of $14.31 per share, exceeding estimates of $8.72. The company achieved a return on equity of 35.42% and a net margin of 12.53%. The stock rose by $5.28 to $207.05, with a market cap of $54.18 billion. Allstate also announced a quarterly dividend of $1.00 per share, yielding 1.9%. Recent insider trading saw a decrease in ownership by Suren Gupta, while institutional investors increased their stakes. Analysts have mixed ratings, with a consensus price target of $236.19.</p>

Allstate (NYSE:ALL) Announces Quarterly Earnings Results