As every American who owns a car and/or a house knows, insurance premiums have been going through the roof this year. Although it’s true the costs of repairing these assets have surged, it appears that insurers’ recent rate hikes are meaningfully increasing their profits. As evidence of the latter point, consider that many of the insurance stocks to buy have jumped tremendously this year. For example, Allstate (NYSE:ALL) has climbed 21% year-to-date. Meanwhile, Progressive (NYSE:PGR) has gained 29%, and The ...

The Allstate Corporation (ALL) is scheduled to release first-quarter 2024 results on May 1, after the closing bell.Factors to NoteThe company’s focus on keeping up with elevated loss cost trends is commendable, given it has been pursuing rate hikes consistently to earn profits in its Auto and Homeowners business. We expect the first-quarter’s performance to benefit from improvement in underwriting margins in Auto and Homeowners. Moreover, moderating the personal auto loss environment is likely to have provi ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Allstate (ALL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Allstate is one of 859 companies in the Finance group. The Finance group currently sits at ...

In its upcoming report, Allstate (ALL) is predicted by Wall Street analysts to post quarterly earnings of $3.88 per share, reflecting an increase of 398.5% compared to the same period last year. Revenues are forecasted to be $15.29 billion, representing a year-over-year increase of 11%.The consensus EPS estimate for the quarter has undergone an upward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial e ...

Allstate (ALL) closed at $175.41 in the latest trading session, marking a +1.42% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.87% for the day. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.Prior to today's trading, shares of the insurer had gained 4.67% over the past month. This has outpaced the Finance sector's loss of 5.66% and the S&P 500's loss of 3.97% in that time.The investment community will be closely monitoring the perform ...

The latest trading session saw Allstate (ALL) ending at $166.81, denoting a +0.72% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%.The insurer's stock has climbed by 3.91% in the past month, exceeding the Finance sector's loss of 3.74% and the S&P 500's gain of 1.6%.Analysts and investors alike will be keeping a close eye on the performance of Allstate in its upcoming earnings disclosure ...

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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Allstate (ALL) , which belongs to the Zacks Insurance - Property and Casualty industry, could be a great candidate to consider.When looking at the last two reports, this insurer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 79.04%, on average, in the last two quarters.For the most recent quarter, All ...

One stock that might be an intriguing choice for investors right now is The Allstate Corporation (ALL) . This is because this security in the Insurance - Property and Casualty space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably takin ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this ALL commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Allstate Corp (NYSE:ALL) stock has layers of technical support on the charts, including the 10-week moving average, 50-day moving average, and +10% year-to-date level. Plus, the shares just broke above the ...