The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Run-off Property-Liability; Protection Services; Allstate Health and Benefits; and Corporate and Other. The company offers private passenger auto, homeowners, personal lines, and commercial insurance products through agents, contact centers, and online; and property and casualty insurance products. 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 through Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, and Allstate Identity Protection brands. In addition, the company offers life, accident, critical illness, hospital indemnity, short-term disability, and other health insurance products; self-funded stop-loss and fully insured group health products to employers; medicare supplement, ancillary products, and short-term medical insurance to individuals through independent agents, owned agencies, benefits brokers, and Allstate exclusive agents. 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 | |
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P/E Ratio | 9.8x | 15.4x | 9.8x | |
PEG Ratio | 0.11 | 0.63 | 0.03 | |
Price/Book | 2.5x | 3.3x | 1.0x | |
Price / LTM Sales | 0.8x | 1.2x | 2.9x | |
Upside (Analyst Target) | 10.7% | 38.7% | 13.8% | |
Fair Value Upside | Unlock | 11.4% | 0.5% | Unlock |