In the latest market close, Allstate (ALL) reached $182.87, with a +0.89% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.45%.The insurer's stock has dropped by 3.18% in the past month, exceeding the Finance sector's loss of 4.16% and lagging the S&P 500's gain of 5.41%.The investment community will be paying close attention to the earnings performance of Allstate in its upcoming re ...

Allstate (NYSE: ALL ) is on a tear this year, but the stock is still surprisingly cheap. Insurance rates for property and casualty insurance are skyrocketing, while cost inflation has slowed. As one of America's largest property & casualty companies, AllstateAuthor and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors.You can read some more of my work for free here.A ...

The Allstate Corporation (ALL) is well-poised to grow on the back of rising premiums thanks to rate increases in auto and home insurance businesses. Enhanced distribution strategy should lead to improved premiums in force in the coming days. The company keeps expanding its Protection Services business with strategic acquisitions, which positions it for long-term growth.Allstate — with a market cap of $50.5 billion — is a major property and casualty insurance provider with operations in the United States and ...

Allstate (ALL) closed at $189.65 in the latest trading session, marking a +0.68% move from the prior day. This move outpaced the S&P 500's daily gain of 0.42%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.38%.Heading into today, shares of the insurer had lost 0.31% over the past month, lagging the Finance sector's gain of 1.23% and the S&P 500's gain of 2.06% in that time.Analysts and investors alike will be keeping a close eye on the performance of ...

Macroeconomic headwinds, which include interest rate cuts, ongoing inflationary pressures, poor economic growth and continuing wars across several parts of the world, are some factors that have been inducing market volatility. Also, potential volatility from natural catastrophe losses, as well as higher reinsurance costs, raises a concern.The major U.S. stock market indices like the Nasdaq Composite and S&P 500 have declined in the last trading season.Despite such negatives, the Zacks Property and Casualty ...

In the latest trading session, Allstate (ALL) closed at $191.82, marking a -0.55% move from the previous day. This move lagged the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.56%.The insurer's stock has climbed by 5.35% in the past month, exceeding the Finance sector's gain of 1.86% and the S&P 500's gain of 1.65%.The investment community will be closely monitoring the performance of Allstate in its forthcoming earnings report. The company is expected t ...

The Allstate Corporation (ALL) recently announced total catastrophe (CAT) losses for July and August at $814 million or $643 million after taxes. For August alone, the amount was estimated at $272 million or $215 million after taxes. August year-to-date catastrophe losses came in at $3.67 billion.In the first half of 2024, its catastrophe losses dropped 35% year over year to $2.85 billion. The August catastrophe losses include 15 events estimated at $306 million. This follows July’s catastrophe losses of $5 ...

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The most recent trading session ended with Allstate (ALL) standing at $191.01, reflecting a +0.39% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%.The the stock of insurer has risen by 5.46% in the past month, leading the Finance sector's gain of 2.97% and the S&P 500's gain of 1.57%.Market participants will be closely following the financial results of Allstate in its upcoming re ...

A month has gone by since the last earnings report for Allstate (ALL) . Shares have added about 6.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allstate due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Allstate Q2 Earnings Beat on Property-Liability Rate HikesAl ...