Allstate Net Worth
Allstate Net Worth Breakdown | ALL |
Allstate Net Worth Analysis
Allstate's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Allstate's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Allstate's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Allstate's net worth analysis. One common approach is to calculate Allstate's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Allstate's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Allstate's net worth. This approach calculates the present value of Allstate's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Allstate's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Allstate's net worth. This involves comparing Allstate's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Allstate's net worth relative to its peers.
To determine if Allstate is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Allstate's net worth research are outlined below:
| The Allstate has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Allstate to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 57.09 B. Reported Net Loss for the year was (213 M) with profit before taxes, overhead, and interest of 6.44 B. | |
| Allstate has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Allstate shares are held by institutions such as insurance companies | |
| On 1st of October 2024 Allstate paid $ 0.92 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Why Allstate Might be Well Poised for a Surge |
Allstate Quarterly Good Will |
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Allstate uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in The Allstate. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allstate's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Allstate's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Allstate is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Allstate backward and forwards among themselves. Allstate's institutional investor refers to the entity that pools money to purchase Allstate's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Deutsche Bank Ag | 2024-06-30 | 2.9 M | American Century Companies Inc | 2024-09-30 | 2.7 M | Gqg Partners Llc | 2024-09-30 | 2.6 M | Legal & General Group Plc | 2024-06-30 | 2.6 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 2.5 M | Goldman Sachs Group Inc | 2024-06-30 | 2.5 M | Macquarie Group Ltd | 2024-06-30 | 2.5 M | Diamond Hill Capital Management Inc | 2024-09-30 | 2.4 M | Viking Global Investors Lp | 2024-09-30 | 2 M | Vanguard Group Inc | 2024-09-30 | 32.2 M | Blackrock Inc | 2024-06-30 | 19.8 M |
Follow Allstate's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 53.5 B.Market Cap |
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Project Allstate's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Equity | (0.01) | (0.01) |
When accessing Allstate's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Allstate's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Allstate's profitability and make more informed investment decisions.
Evaluate Allstate's management efficiency
Allstate has Return on Asset of 0.0327 % which means that on every $100 spent on assets, it made $0.0327 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2378 %, implying that it generated $0.2378 on every 100 dollars invested. Allstate's management efficiency ratios could be used to measure how well Allstate manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.0018 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, Allstate's Fixed Asset Turnover is quite stable compared to the past year. Asset Turnover is expected to rise to 0.58 this year, although the value of Non Currrent Assets Other will most likely fall to (73.6 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 67.16 | 49.42 | |
| Tangible Book Value Per Share | 50.14 | 46.82 | |
| Enterprise Value Over EBITDA | 62.54 | 65.67 | |
| Price Book Value Ratio | 2.07 | 1.62 | |
| Enterprise Value Multiple | 62.54 | 65.67 | |
| Price Fair Value | 2.07 | 1.62 | |
| Enterprise Value | 25.1 B | 22.3 B |
The decision-making processes within Allstate are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 1.0129 | Revenue 62.4 B | Quarterly Revenue Growth 0.147 | Revenue Per Share 236.821 | Return On Equity 0.2378 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allstate insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allstate's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allstate insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Margaret Keane over a month ago Acquisition by Margaret Keane of 164 shares of Allstate at 189.88 subject to Rule 16b-3 | ||
Donald Brown over three months ago Disposition of 1124 shares by Donald Brown of Allstate subject to Rule 16b-3 |
Allstate Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 3rd of October 2024 Other Reports | ViewVerify |
Allstate Earnings per Share Projection vs Actual
Allstate Corporate Directors
| Jacques Perold | Independent Director | Profile | |
| Andrea Redmond | Independent Director | Profile | |
| Margaret Keane | Independent Director | Profile | |
| Judith Sprieser | Lead Independent Director | Profile |
Already Invested in The Allstate?
The danger of trading The Allstate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allstate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allstate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allstate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 3.65 | Earnings Share 15.47 | Revenue Per Share 236.821 | Quarterly Revenue Growth 0.147 |
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.