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Added to YB: 2024-03-08

Pitch date: 2024-01-25

ALL [bullish]

The Allstate Corporation

+38.86%

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

$152.63

Price Target

N/A

Dividend

1.91%

EV/EBITDA

6.31

P/E

6.81

EV/Sales

0.96

Sector

Insurance

Category

special_situation

Show full summary:
Diamond Hill Large Cap Strategy Portfolio Holding - The Allstate Corporation

ALL: Allstate, a top US auto & home insurer, sees better pricing power & underwriting results, boosting earnings above expectations. AIG also improves margins, sells Corebridge stake for buybacks. Target benefits from inventory, freight & efficiency to lift profits, shares rise in Q4.

Read full article (1 min)