|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||101.63 - 102.44|
|52 Week Range||77.00 - 103.99|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||14.77|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||2.00 (1.97%)|
|1y Target Est||106.93|
Value stocks are supposed to be inexpensive to other factor-based strategies, including growth, but that chasm is becoming historically wide and there are good reasons for that scenario."Multiple expansion, i.e., paying more for a dollar of earnings, has played a part as well," said BlackRock in a recent note. "Since the 2011 market bottom, the trailing price-to-earnings (P/E) ratio for the Russell 1000 Growth Index is up roughly 65%. In contrast, the value index's P/E ratio has expanded by a more modest 40%."Making value investors' tasks even more difficult is the massive performance gulf between the growth and value factors, one that has been long-running by historical standards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Growth's recent out-performance conforms to the post-crisis norm," said BlackRock in a recent note. "Focusing on price returns, since 2010 growth has outperformed value by an average of approximately 350 bps a year. The outperformance has not only been meaningful, it has been consistent. During the past five years value has only outperformed meaningfully on one occasion, 2016."That trend is continuing this year. Through June 13, the S&P Growth Index is up 18.2% year-to-date compared to 14.3% for the S&P 500 Value Index. Other data points confirm value is getting really, really cheap."JPMorgan tracks value through a basket of 100 stocks picked for their low price-to-book value, price-to-earnings ratio, and price-to-sales ratio, among other indicators," reports CNBC. "This collection of stocks is trading at their cheapest valuations ever and at their largest discount to the market in decades." * 10 Monthly Dividend Stocks to Buy to Pay the Bills So yes, for patient investors, some of the best exchange-traded funds to consider may just be value funds. With that in mind, these are some of the best ETFs to consider when looking for exposure to the value factor. JPMorgan U.S. Value Factor ETF (JVAL)Expense Ratio: 0.12%, or $12 annually per $10,000 investedThe JPMorgan U.S. Value Factor ETF (NYSEARCA:JVAL) turns two years old in November and targets the JP Morgan US Value Factor Index. The index "is comprised of US securities selected from the Russell 1000 Index and uses a rules-based risk allocation and factor selection process developed in conjunction with J.P. Morgan Asset Management," according to FTSE Russell.JVAL is one of the best ETFs for investors looking for a cost-effective, traditional approach to value stocks. The fund holds 278 stocks, which is in the middle of roster size among the best ETFs in the value space. When speaking of traditional value exposure, that often includes large weights to the financial services and energy sectors. JVAL does allocate 18.7% of its weight to the financial services sector, which could be of benefit to income investors as bank stocks continue to bolstering dividends."Most of the largest U.S. banks subject to the annual Comprehensive Capital Analysis and Review should notch double-digit dividend increases over the next 12 months, according to Keefe, Bruyette & Woods," reports Barron's.Another aspect that makes JVAL one of the best ETFs for investors looking for a value surprise is its 21.2% exposure to technology stocks. Deep Value ETF (DVP)Expense Ratio: 0.59%An oft-overlooked value fund, the Deep Value ETF (NYSEARCA:DPV) is not a small fund as it has nearly $254 million in assets under management and it is one of the best ETFs for investors seeking mid-cap value exposure. DVP is nearly five years old and is a highly concentrated fund that tracks the TWM Deep Value Index."The Index is comprised of 20 undervalued dividend paying stocks within the SP 500 Index with solid balance sheets, earnings and strong free cash flow," according to the issuer. "The companies within the Index are weighted based on a rules-based assessment of their valuations so that stocks that are most attractively valued receive a higher weight." * 7 Stocks Flashing Signs of Strong Insider Buying DVP is also one of the best ETFs looking for a unique approach to value. The fund allocates nearly 60% of its combined weight to consumer cyclical and technology stocks, giving it the feel of a growth ETF, not a value fund. Over the past three years, DVP has outperformed the MSCI USA Large Cap Value Index though the value fund is scuffling this year. Acquirers Fund (ZIG)Expense Ratio: 0.94%The Acquirers Fund (NYSEARCA:ZIG) is one of the newest value funds and a pricey one at that because it is an actively managed long/short strategy. Still, ZIG could prove to be one of the best ETFs in the value arena because of the strict approach its managers take to value investing."ZIG is a 130/30 long/short deep-value strategy that is designed to track, before fees and expenses, the performance of The Acquirer's Index," according to Acquirers Funds. "For both long and short positions, a stock must be listed in the U.S. and have a market cap in the largest 25 percent of all companies by market cap. From that universe of equities, ZIG's rules-based index will hold the 30 most deeply undervalued, fundamentally strong stocks in the 'long' portion of its portfolio, while its short portfolio will consist of the 30 stocks deemed to be most overvalued, and fundamentally weak."ZIG's top 10 holdings include HP Inc(NYSE:HPQ), Allstate (NYSE:ALL), Southwest Airlines (NYSE:LUV) and Principal Financial (NYSE:PFG).For investors looking to go above and beyond the traditional value strategy while exploiting some financially dubious companies, ZIG could be one of the best ETFs to consider.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post 3 of the Best ETFs for Investors Betting on a Value Rebound appeared first on InvestorPlace.
The Allstate Corporation today announced estimated catastrophe losses for the month of May 2019 of $473 million, pre-tax . Catastrophe losses occurring in May comprised 14 events at an estimated cost of $504 million, pre-tax , partially offset by favorable reserve reestimates of prior period catastrophe losses.
[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 Value Stocks to Buy for the Second Half Here are ten such retirement stocks to buy and hold forever.Source: Shutterstock Bank of America (BAC)Dividend Yield: 2.1%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: 2%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 Value Stocks to Buy for the Second Half Yet with a trailing multiple of 26.5, and with a dividend yield of 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%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: 2.4%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 18% 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 22.6 forward P/E multiple is high for the space but not outlandishly so. And a 2.4% 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: 1.5%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%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 14 P/E. * 7 Value Stocks to Buy for the Second Half Once any short-term worries subside, ALL should resume its march upward.Source: Shutterstock International Flavors & Fragrances (IFF)Dividend Yield: 2%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 53 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: 1.4%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 Value Stocks to Buy for the Second Half 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: 1.6%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 1.6% 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 Republic ServicesDividend Yield: 1.74%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 Value Stocks to Buy for the Second Half 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 * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post 10 'Buy-and-Hold' Stocks to Own Forever appeared first on InvestorPlace.
Allstate Corp NYSE:ALLView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate 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 | PositiveETF activity is positive. Over the last month, ETFs holding ALL are favorable, with net inflows of $11.44 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ALL credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive 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.
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
Grounded on the premise that American civic life doesn't need fewer arguments, but better ones, the Better Arguments Project is a national initiative focused on encouraging Americans to engage each other in more constructive dialogue.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at The Allstate...
Allstate Corp. (ALL) is an insurance company that offers property and casualty insurance. With a market cap of $33 billion, it is one of the larger insurance companies in the stock market. Its segments include Allstate Protection, Service Businesses, Allstate Life, Allstate Benefits and Allstate Annuities.
AM Best has assigned a Long-Term Issue Credit Rating of “a” to the $500 million 3.85% 30-year senior unsecured notes recently issued by The Allstate Corporation .
A mysterious Delaware company has bid to buy the Bethesda defense contractor's shares at a 20% markdown, but Lockheed is far from the only company to receive such an offer.
Allstate (ALL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Auto insurance rates always seem to be going up, and in Ontario, they're going up faster than ever. In fact, premiums in the province are about 15 percent higher than in Alberta and around twice as high as they are in the maritime provinces Auto insurance rates in Ontario are 15 percent higher than in […]
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.
The Allstate Corporation announced today that its board of directors has approved common and preferred quarterly dividends.
The Chicago Advertising Federation, an organization formed to foster a sense of community within the city’s advertising industry, has named Esurance's "Surprisingly Painless" the best television commercial produced by a local shop over the past year. "Surprisingly Painless" is a deftly tongue-in-cheek piece of work from Leo Burnett Chicago for Esurance, a direct-to-consumer insurance company that was acquired in 2011 by Northfield, Illinois-based Allstate (NYSE: ALL) to make the insurance behemoth more competitive in a space where it previously wasn’t. The Esurance commercial, widely seen on television, succeeds at something that is hard to achieve in television advertising - a tone of voice that is decidedly cheeky, yet utterly appealing.
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.