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; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
Resilient Performance | Allstate demonstrates financial strength with a 43.14% year-to-date return, maintaining a "GREAT" financial health score despite significant catastrophe losses |
Strategic Evolution | Explore Allstate's transformation focusing on customer acquisition and direct-to-consumer growth, positioning for accelerated expansion in key markets |
Market Dynamics | Delve into Allstate's navigation of auto insurance inflation and potential for improved profit margins, while addressing challenges in the home insurance secto |
Future Outlook | Analysts project EPS growth from $13.77 in 2024 to $19.72 by 2026, with an average price target range of $175 to $208, reflecting diverse views on Allstate's prospects |
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 | 12.0x | 19.5x | 8.8x | |
PEG Ratio | 0.04 | 0.13 | 0.03 | |
Price/Book | 2.6x | 0.9x | 1.0x | |
Price / LTM Sales | 0.8x | 0.5x | 2.8x | |
Upside (Analyst Target) | 22.2% | 14.8% | 16.6% | |
Fair Value Upside | Unlock | 19.1% | 3.1% | Unlock |