Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Allstate (ALL) Share Price

News headlines about Allstate (NYSE:ALL) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allstate earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 46.0417082111841 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have effected Accern’s analysis:

ALL has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Allstate from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Tuesday, December 12th. Citigroup cut their price target on shares of Allstate from $118.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, February 16th. Wells Fargo set a $100.00 price target on shares of Allstate and gave the stock a “hold” rating in a research note on Thursday, February 8th. Goldman Sachs assumed coverage on shares of Allstate in a research note on Monday, December 4th. They issued a “neutral” rating and a $104.00 price target for the company. Finally, Bank of America cut their price target on shares of Allstate from $116.00 to $111.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. Allstate currently has an average rating of “Hold” and a consensus target price of $99.00.

Shares of Allstate stock traded down $2.19 during trading on Thursday, hitting $94.65. 1,999,166 shares of the stock were exchanged, compared to its average volume of 2,700,583. Allstate has a 12 month low of $79.09 and a 12 month high of $105.36. The stock has a market cap of $34,520.68, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.40 and a beta of 1.00. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.31.

Allstate (NYSE:ALL) last announced its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $2.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.56. Allstate had a net margin of 8.28% and a return on equity of 12.57%. The company had revenue of $8.20 billion during the quarter, compared to analysts’ expectations of $8.09 billion. During the same quarter in the prior year, the company earned $2.17 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. analysts predict that Allstate will post 8.32 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Monday, March 5th will be paid a $0.46 dividend. This is a boost from Allstate’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, March 2nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.94%. Allstate’s dividend payout ratio is 21.98%.

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Allstate Company Profile

The Allstate Corporation, together with its subsidiaries, engages in property and casualty insurance, and life insurance businesses in the United States and Canada. The company's Allstate Protection segment sells private passenger auto and homeowners insurance; 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; and commercial lines products under the Allstate, Esurance, and Encompass brand names.

Insider Buying and Selling by Quarter for Allstate (NYSE:ALL)

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