
Allstate (ALL) Stock Forecast & Price Target
Allstate (ALL) Analyst Ratings
Bulls say
Allstate has demonstrated a strong financial performance, evidenced by a 40.0% increase in net investment income, reaching $4.8 million compared to $3.4 million in the prior year. Gross written premiums also rose significantly by 29.5% to $287.0 million, reflecting robust growth from the previous year's figure of $221.6 million. Additionally, the company is optimistic about its rate-making trends and ongoing filings for 2025, indicating a favorable outlook for future performance.
Bears say
Allstate's recent financial performance highlights significant challenges, as evidenced by an underlying combined ratio of 75.4%, which is substantially higher than both internal estimates and consensus expectations of approximately 49%. Additionally, the company's focused geographical market raises concerns over potential risks associated with competition, regulatory changes, and catastrophe losses, which could negatively impact its business attractiveness. Furthermore, a lower-than-expected share count could suggest issues in maintaining shareholder value or investor confidence amid these operational difficulties.
This aggregate rating is based on analysts' research of Allstate and is not a guaranteed prediction by Public.com or investment advice.
Allstate (ALL) Analyst Forecast & Price Prediction
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