Allstate Corporation (The) Comm (NYSE:ALL):
Allstate to Discuss Third Quarter 2016 Earnings With Investors.
The company is trading up from yesterday’s close of $68.39.
Additionally Allstate Corporation (The) Comm recently announced a dividend to be paid on Monday the 3rd of October 2016. The dividend payment will be $0.330 per share for the quarter or $1.32 on an annualized basis. The dividend yield will be $1.93. The ex-dividend date will be Monday the 29th of August 2016.
The stock last traded at $68.58 which is just a bit below the 50 day moving average of $68.68 and which is marginally higher than the 200 day moving average of $67.75. The 50 day moving average moved down $-0.04 and the 200 day average moved up $0.89.
Allstate Corporation (The) Comm’s P/E ratio is 17.287 and the market cap of the company is 25.50B. As of the last earnings report the EPS was $3.97 and is expected to be $4.39 for the current year with 371,460,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.74 with next year’s EPS anticipated to be $6.21.
Several ratings analysts have provided guidance on Allstate Corporation (The) Comm recently. Citigroup raised the price target and upgraded the stock on February 5 boosting the price target from $0.00 to $72.00 and moving the rating from “Neutral” to “Buy”. On February 5 the company was upgraded from “Neutral” to “Buy” and a price target of $72.00 was set by analysts at Citigroup.
On February 4 Nomura maintained a company rating of “Neutral” but moved up the price target to $62.00 from $60.00. On January 19 the stock rating was upgraded to “Outperform” from “Neutral” in a report from Macquarie.
On December 1 the company was upgraded from “Sell” to “Neutral” with a current price target of $67.00 in an announcement from Citigroup. Equity analyst Citigroup both upgraded the stock and raised the price target on December 1 changing the price target from $58.00 to $67.00 and changing the rating from “Sell” to “Neutral”.