Allstate Corp. (NYSE:ALL) declared a quarterly dividend on Friday, November 18th. Shareholders of record on Wednesday, November 30th will be paid a dividend of 0.33 per share on Tuesday, January 3rd. This represents a $1.32 annualized dividend and a yield of 1.83%.

Allstate Corp. (NYSE:ALL) opened at 72.02 on Monday. The firm’s 50-day moving average is $68.29 and its 200 day moving average is $68.10. The stock has a market cap of $26.52 billion, a P/E ratio of 19.50 and a beta of 0.96. Allstate Corp. has a one year low of $56.03 and a one year high of $72.20.

Allstate Corp. (NYSE:ALL) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $1.26 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.26. Allstate Corp. had a net margin of 4.25% and a return on equity of 9.16%. The firm had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $8.35 billion. During the same quarter in the prior year, the company posted $1.52 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, analysts anticipate that Allstate Corp. will post $4.29 EPS for the current fiscal year.

Dividend History for Allstate Corp. (NYSE:ALL)

Several hedge funds and other institutional investors have recently made changes to their positions in ALL. Pinkerton Retirement Specialists LLC raised its position in shares of Allstate Corp. by 654.6% in the second quarter. Pinkerton Retirement Specialists LLC now owns 1,645 shares of the company’s stock worth $115,000 after buying an additional 1,427 shares during the period. WFG Advisors LP raised its position in shares of Allstate Corp. by 434.5% in the second quarter. WFG Advisors LP now owns 2,833 shares of the company’s stock worth $198,000 after buying an additional 2,303 shares during the period. Bessemer Group Inc. raised its position in shares of Allstate Corp. by 2.8% in the second quarter. Bessemer Group Inc. now owns 3,170 shares of the company’s stock worth $222,000 after buying an additional 85 shares during the period. Lebenthal Asset Management LLC acquired a new position in shares of Allstate Corp. during the second quarter worth about $267,000. Finally, Quantitative Systematic Strategies LLC acquired a new position in shares of Allstate Corp. during the third quarter worth about $269,000. Hedge funds and other institutional investors own 76.92% of the company’s stock.

Several equities analysts have recently issued reports on ALL shares. Deutsche Bank AG upped their price objective on shares of Allstate Corp. from $77.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, August 4th. Credit Suisse Group AG set a $73.00 price objective on shares of Allstate Corp. and gave the company a “buy” rating in a report on Tuesday, August 23rd. Argus restated a “buy” rating and set a $76.00 price objective on shares of Allstate Corp. in a report on Friday, September 2nd. William Blair restated an “underperform” rating on shares of Allstate Corp. in a report on Saturday, September 10th. Finally, Barclays PLC restated an “overweight” rating and set a $79.00 price objective (up previously from $74.00) on shares of Allstate Corp. in a report on Friday, September 30th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 72.27 ($0.90).

Allstate Corp. Company Profile

The Allstate Corporation is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business.

5 Day Chart for NYSE:ALL

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