Allstate Corporation (ALL)

The Allstate Corp. (ALL) stock price has increased by 11.01% in the past six months. Key events impacting the stock include significant catastrophe losses, the divestiture of its Group Health business to Nationwide for $1.25 billion, upcoming second-quarter 2025 earnings release, analyst ratings with a consensus of 'Moderate Buy,' and a quarterly dividend announcement payable on October 1, 2025.

Demand for Allstate's products is influenced by seasonal weather patterns and related catastrophic events, with higher catastrophe losses during certain periods like hurricane season. Allstate launches hurricane season response initiatives and offers 'seasonal insurance' for secondary or vacation homes, indicating a heightened demand for awareness around insurance products during these times.

The Allstate Corporation, founded in 1931 and headquartered in Glenview, Illinois, operates in the insurance and financial services sector. Its main business is auto and homeowners' insurance, distributed through its agency network. Allstate offers auto, homeowners, and other personal lines insurance, as well as business, life, retirement, investment products, protection plans, roadside assistance, and identity protection. The company markets its products under the Allstate, Encompass, and Esurance brands.

The Allstate Corporation primarily operates in the United States and Canada, with approximately 12,300 Allstate agencies and financial representatives in both countries as of year-end 2020. Its products are available across all 50 U.S. states and Canada. The company also has a global network of operations and is expanding its global footprint, particularly with its Protection Plans business.

Allstate has a long history of protecting people and communities and aims to improve its reputation by promoting a positive image among stakeholders. The company emphasizes ethics and integrity, invests in sustainability initiatives, and has been recognized for innovation and financial disclosures. However, the company's reputation can be impacted by large-scale natural disasters, which can lead to increased claims expenses. Allstate actively engages in community support through The Allstate Foundation.

The Allstate Corporation's ownership is largely dominated by institutional shareholders, who hold approximately 78.21% to 81% of the company's stock. Insiders own less than 1% to 1.61% of the company, while retail investors hold about 18% to 20.18% of the shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp.