|Bid||95.68 x 800|
|Ask||95.70 x 800|
|Day's Range||95.02 - 96.28|
|52 Week Range||77.00 - 102.73|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||13.90|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||2.00 (2.02%)|
|1y Target Est||106.21|
Allstate (ALL) expects to incur $290 million pre-tax catastrophe loss for April, which can be attributed to seven weather-related events.
David Tepper (Trades, Portfolio)'s Appaloosa Management sold shares of the following stocks during the first quarter. The investor exited his Atlantica Yield PLC (AY) stake. Warning! GuruFocus has detected 7 Warning Signs with AY.
The Allstate Corporation today announced estimated catastrophe losses for the month of April 2019 of $290 million, pre-tax . Catastrophe losses occurring in April comprised seven events at an estimated cost of $259 million, pre-tax , plus unfavorable reserve reestimates of prior period catastrophe losses.
This is a club for stocks that have hardly budged from where they were a month ago, and a year ago. Such stocks are often neglected by investors and sometimes by analysts too. Warning! GuruFocus has detected 3 Warning Signs with FLR.
As of May last year, there were 1,470 insurance agents in New Mexico with an annual mean wage of $47,070.
The Allstate Corporation (ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Wednesday, July 31, to discuss second quarter 2019 earnings. The company will file a current report on Form 8-K with the Securities and Exchange Commission announcing quarterly results at or after 4:15 p.m. ET on Tuesday, July 30. To view Allstate’s quarterly results after their filing, including the earnings release, investor supplement, and quarterly Form 10-Q, visit the SEC website at www.sec.gov.
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[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Investing to "buy and hold" is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. Industries like energy, real estate and even consumer products are facing potentially significant long-term changes going forward. In any era, amassing a collection of retirement stocks simply by buying the best companies and holding them for years can be a risky endeavor.General Motors (NYSE:GM) was a classic "widows and orphans" stock until last decade, when GM wound up going bankrupt. United States Steel (NYSE:X) once was a pillar of corporate America and a buy-and-hold stock. GM shares basically haven't moved in a quarter of a century. Polaroid and Eastman Kodak were once blue-chip stocks. Both went bankrupt as cameras changed from film to digital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut there still are stocks to buy and hold out there that can last forever, while offering dividend income along the way. * 7 Dividend Stocks to Buy as the Trade War Reignites Here are ten such retirement stocks to hold forever.Source: Shutterstock Bank of America (BAC)Dividend Yield: 2%It might seem strange to open the list with Bank of America (NYSE:BAC). After all, we're only a bit more than a decade on from the financial crisis. During that crisis, BofA acquisition Countrywide Financial blew up in spectacular fashion, after pioneering many of the risky tactics that led to the bubble and subsequent bust.But this is a different BofA.Net consumer charge-offs hit a decade-long low last year. Its performance on credit metrics is strong. Government regulations have been criticized as slowing growth -- but they've undoubtedly lowered risk as well, even if observers might argue that a better balance is needed.No less than Warren Buffett is now BofA's largest shareholder, through his Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B). And the Oracle of Omaha is fond of saying that his favorite holding period is "forever."That seems likely true for BAC stock as well.Source: Mustafa Khayat Via Flickr Diageo (DEO)Dividend Yield: 1.6%Change has come to the alcohol industry, with the number of breweries exploding worldwide and new distilleries popping up as well. The brands owned by Diageo (NYSE:DEO) are well-positioned to adapt to shifting tastes.Diageo owns classic brands like Johnnie Walker whisky, Tanqueray gin, Smirnoff vodka, and Harp and Guinness beer, among many others. What most have in common is a timeless quality and worldwide brand recognition. As a result, while beverage giants like Coca-Cola (NYSE:KO) and Anheuser Busch InBev (NYSE:BUD) have struggled with earnings growth, Diageo grew net income by 13.5% in fiscal 2018 and expects consistent growth going forward. * 7 Dividend Stocks to Buy as the Trade War Reignites Yet with a forward multiple of 25, and with a dividend yield approaching 2%, Diageo stock isn't all that dearly valued. Long-term investors would do well to own DEO and perhaps use the dividends to buy a bottle or two of fine whisky.Source: U.S. Embassy Kyiv Ukraine via Flickr (Modified) Medtronic (MDT)Dividend Yield: 2.3%In this day and age, the U.S. healthcare market in particular seems potentially volatile. Concerns about increased spending and political battles over the Affordable Care Act create more questions than answers.But even with that uncertainty, Medtronic (NYSE:MDT) isn't going anywhere. The company's devices are an integral part of modern medicine, ranging from pacemakers to stents to bone grafts to imaging systems.Even the risks involved in the sector look priced into MDT. Medtronic's days of double-digit annual growth may well be behind it, but it's not finished increasing earnings or dividends. MDT stock likely isn't finished rising, either.Source: Shutterstock NextEra Energy (NEE)Dividend Yield: 2.6%Utility stocks are among the most common safe, buy-and-hold stocks. NextEra Energy (NYSE:NEE) is now the largest electric utility in the U.S. by market capitalization. That might actually be the only problem with NEE stock.NextEra shares gained 10.5% year-to-date, and trades just off record highs. Potential valuation concerns aside, NextEra looks like a winner. It serves customers in the southern Florida region, still one of the nation's fastest-growing areas. A 21x forward P/E multiple is high for the space but not outlandishly so. And a 2.6% dividend yield provides income along the way. * 7 Dividend Stocks to Buy as the Trade War Reignites Investors looking for value in the space might look for a smaller play like cheaper Dominion Energy (NYSE:D). But it's usually worth paying for quality, and NextEra Energy looks like one of the best utility stocks out there.Source: Blue Genie via Flickr McCormick & CompanyDividend Yield: 1.7%McCormick & Company (NYSE:MKC) is another quality company whose valuation might spook some investors. But MKC stock very rarely is offered cheaply.The company's market leadership in spices and seasonings provides both an impressive moat and protection against economic downturns. MKC stock did dip after the company acquired French's mustard and Frank's RedHot sauce from Reckitt Benckiser (OTCMKTS:RBGLY) at a price that looked a bit high to many investors. But MKC has recovered those gains and then some.Top-line growth for McCormick likely isn't going to be explosive, but it will be steady. The same has been true of MKC stock, which has returned an average of 13% a year over the past decade, including dividends.With continuous cost-cutting initiatives, the contribution from the acquired brands and organic growth (and growth in organic products), MKC still should be able to provide double-digit annual returns going forward as well.Source: Shutterstock Allstate CorpDividend Yield: 2.1%Allstate Corp (NYSE:ALL) long has used the tagline, "You're in good hands," and it's true for Allstate investors as well. ALL stock has almost quadrupled from late-2011 lows. And there could be more upside to come.After all, Allstate isn't particularly expensive, trading at a 13.75 P/E. * 7 Dividend Stocks to Buy as the Trade War Reignites Once any short-term worries subside, ALL should resume its march upward.Source: Shutterstock International Flavors & Fragrances (IFF)Dividend Yield: 2.21%International Flavors & Fragrances (NYSE:IFF) is a company most consumers encounter every day without knowing it and many investors aren't exactly hip to it, either.As its name suggests, the company develops flavors & fragrances across 13 categories, including cosmetics, perfumes, beverages and sweet flavors. Sales and earnings have increased consistently and so has IFF's share price. At a 41.75 P/E, IFF does look a bit pricey. But, as with McCormick and other stocks on this list, investors should pay for quality.IFF's hidden, but key role, in so many industries, gives it a great deal of protection against both competition and macro factors. Acquisitions and a growing cosmetic additive business both provide room for growth.Consumers may not know IFF, but investors should.Source: Shutterstock Lamb WestonDividend Yield: 1.15%Lamb Weston (NYSE:LW) was spun off from Conagra Brands (NYSE:CAG) last year. Lamb Weston is the No. 1 potato producer in the United States. In fact, it manufactures the well-known fries at McDonald's (NYSE:MCD), among other restaurant chains.Lamb Weston also has a consumer business (including a small segment that manufactures frozen vegetables), while serving restaurants of all sizes. Health concerns might seem a long-term headwind against the business, but growth has been steady for years, and margins continue to improve.LW is targeting international markets for growth, as French fries have much more limited penetration, while international audiences generally are intrigued by Americanized products.Despite growth and leading market share, LW stock isn't particularly cheap, trading at about 19 times next year's earnings. The company did pick up a fair amount of debt in the CAG spinoff. But it's paying that debt down, which should lower interest expense and boost cash flow going forward. * 7 Stocks With Too Much Riding On China With many similar stocks trading at much higher multiples, LW seems to have room for upside. And international growth should offset any health-related concerns in the U.S., should they arise. America's love affair with French fries isn't going to suddenly end, and that should ensure years of stability for Lamb Weston at least.Source: Shutterstock Fortune Brands (FBHS)Dividend Yield: 1.67%Investors are commonly advised to diversify their portfolio. Fortune Brands Home & Security (NYSE:FBHS) has done just that. The company operates in four segments: Cabinets, Plumbing, Doors, and Security. Among its well-known brands are Moen in plumbing, and MasterLock in security.FBHS is more of a cyclical stock than most on this list, and the company no doubt has benefited from the steady, if slow, housing recovery in the U.S. But the company's products also generate relatively stable replacement demand, and a 1.67% dividend yield provides modest, but growing, income.Fortune Brands has been an impressive company since its founding and a solid stock since its 2011 IPO. There may be a bit more volatility here, but that's a worthwhile price to pay for long-term investors. There's enough value in Fortune Brands to ride out any market jitters.Source: Shutterstock Dividend Yield: 1.81%Republic Services (NYSE:RSG) is a bit smaller and likely a lot less well-known than rival Waste Management (NYSE:WM). But in this case, that's not necessarily a bad thing.Republic Services has outgrown its larger competitor in both sales and earnings over the past five years. RSG stock has modestly outperformed WM over the same period as well. Investors appear to believe that will continue, as Republic Services is valued a bit higher than Waste Management, at least based on forward earnings multiples.Both RSG and WM are solid long-term plays. Contracted revenue and steady demand should support both companies for years to come. There's room for further acquisitions in a relatively fragmented space. Republic Services gets the nod here due to slightly better growth and more room for margin improvement. * 7 Dividend Stocks to Buy as the Trade War Reignites But investors looking for safe, stable growth can't go wrong with either RSG or WM.As of this writing, Vince Martin was long MKC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post 10 'Buy-and-Hold' Stocks to Own Forever appeared first on InvestorPlace.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allstate (ALL) have what it takes? Let's find out.
Allstate Corp NYSE:ALLView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for ALL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ALL. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.59 billion over the last one-month into ETFs that hold ALL are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ALL credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Allstate Corp. is in hiring mode. To keep pace with growing population and consumer demand for insurance and financial services in Arizona, Allstate plans to beef up its sales team by adding 175 people. Of the 175 sales professionals Allstate is seeking, 35 will be agency owners, with the remaining 140 licensed sales professionals to be hired by those small business owners.
Allstate (NYSE:ALL) reported its latest quarterly earnings results after hours today, bringing in a profit that was stronger than what analysts called for on an adjusted basis, yet ALL stock was not experiencing much movement after hours on Wednesday.The Northbrook, Ill.-based insurance provider said that for its first quarter of its fiscal 2019, it brought in net income of $1.29 billion. The company added that its earnings came in at $2.30 per share on an adjusted basis when taking into account non-recurring gains.These results were positive overall for Allstate as the average Wall Street consensus estimate was for the company to bring in adjusted earnings of $2.29 per share, according to a survey of seven analysts conducted by Zacks Investment Research. The company added that its revenue for its first three months of the current fiscal year tallied up to $10.99 billion. On an adjusted basis, the company's revenue got up to $10.33 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt was an uneventful afternoon for ALL stock as shares were largely unmoved after the bell despite the overall strong quarterly earnings performance for the insurance business. Shares had taken a hit of about 1.1% during regular trading hours Wednesday in anticipation of the company's results.The current calendar year has been a good one overall for Allstate as the company's stock price has increased from $81.64 per share at the beginning of the year to now reach $98 per share, marking a 20% improvement year-to-date. More From InvestorPlace * 7 Stocks to Buy That Ought to Buy Back Shares * 7 Stocks That Are Soaring This Earnings Season * 7 A-Rated Stocks That Are Under $10 Compare Brokers The post Allstate Earnings: ALL Stock Unmoved Despite Q1 Earnings Beat appeared first on InvestorPlace.
Allstate (ALL) delivered earnings and revenue surprises of 0.44% and 15.22%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Northbrook, Illinois-based company said it had profit of $3.74. Earnings, adjusted for non-recurring gains, came to $2.30 per share. The results exceeded Wall Street expectations. ...
The Allstate Corporation (ALL) has filed its financial results for the quarter ended March 31, 2019, on its current report on Form 8-K. You may view the Form 8-K, including the earnings release and investor supplement, as well as the quarterly form 10-Q, on the company’s page at sec.gov. In addition, this quarter, Allstate is publishing a reinsurance update on its website. The Allstate Corporation will conduct a conference call and webcast at 9:00 a.m. ET on Thursday, May 2, to discuss first-quarter 2019 earnings.
Intercontinental Exchange's (ICE) first-quarter results are likely to benefit from a broad range of risk management services on an integrated platform
CME Group (CME) is likely to benefit from expansion of futures products in emerging markets, options business, non-transaction related opportunities and OTC offerings.
Allstate (ALL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.