Investors in
The Allstate Corporation (ALL) have enjoyed
significant returns of 73% in the past five years.
Brookstone Capital Management and
St. John's Investment Management Company have increased their stock holdings in ALL, while
Atlantic Union Bankshares Corp and
Trust Co. of Vermont have reduced their shares. Despite underperforming compared to competitors on some days, the stock has outperformed several times too. With
institutional owners possessing 79% of the shares, the company has report significant Q1 2024 Earnings, outpacing analysts' expectations. Analysts also suggest that revenue estimates are surging higher. However, the recent stock price changes question the company's weak fundamentals.
ALL's 4.7% Dividend Hike looks rewarding to shareholders. Despite missing Q1 earnings estimates, and a 2.5% drop since the last earnings report, the stock is seen as a valuable long-term investment. ALL has a broad-based profit growth and announced their Q2 2024 earnings call for August 1. There have been insider sales by Director Judith Sprieser and Chief HR Officer of AIC Robert Toohey.
The Allstate Corporation ALL News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 30 Jun 2024 15:21:19 GMT -
Rating 5
- Innovation -5
- Information 6
- Rumor 2
