Added to YB: 2025-11-24
Pitch date: 2025-09-23
ALL [bearish]
The Allstate Corporation
-0.44%
current return
Author Info
No bio for this author
Company Info
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada.
Market Cap
$54.9B
Pitch Price
$206.28
Price Target
96.00 (-54%)
Dividend
1.91%
EV/EBITDA
6.31
P/E
6.81
EV/Sales
0.96
Sector
Insurance
Category
N/A
The Allstate Corporation - $ALL (short)
ALL (short): Auto insurer overearning w/ unsustainable 86 CR vs industry norm ~100 CR. Growing policies but faces pricing pressure from regulators & increased competition as Geico/State Farm return. Homeowners loses money despite 'underlying' profitability claims. Overearning nearly 3x their normalized $8 EPS. Target $96 (12x norm earnings) vs current levels.
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