Shawn Williams/iStock Editorial via Getty ImagesInvestment Thesis Currently, Allstate (NYSE:ALL) is on the cusp of heightened growth. With COVID putting a damper on the international economy, its hardening effects on the reinsurance market and the resulting temporary effects on the insurance market are largely overstated, leaving it an undervalued industry. Through this paper, we will reveal additional reasons why the Insurance industry is undervalued, with Allstate being the best value investment from ...

The Allstate Corporation (ALL) is aided by rate increases, sound investment results, acquisitions, declining expenses and a commendable financial position. Top Zacks Rank & Upbeat Price PerformanceAllstate currently sports a Zacks Rank #1 (Strong Buy).The stock has gained 46.5% in the past year compared with the industry’s 29.1% growth. The Zacks Finance sector has increased 27.6% while the S&P 500 composite has risen 29.1% in the same time frame. Image Source: Zacks Investment ResearchFavorable Style Score ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it b ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Value investing is a time-tested investment strategy that involves identifying assets trading below their intrinsic worth and buying them at a bargain. This philosophy rests on the belief that market valuations frequently deviate from fundamental realities, presenting opportunities for discerning investors to profit from these dislocations over time.One essential tool in the value investor's toolbox is earnings yield. This metric acts as a compass, helping investors navigate the vast expanse of investment o ...

The Allstate Corporation (ALL) released estimates of catastrophe losses for April 2024. The metric is expected to be $494 million, pre-tax, or at an after-tax figure of $390 million.Catastrophe losses encompassed 11 incidents, estimated to total $491 million, with around 80% of these losses stemming from four events involving wind, hail or tornadoes.The incidence of such catastrophe losses dampens an insurer’s underwriting profits and subsequently, the combined ratio. Softer underwriting results may also ex ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Allstate (ALL) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Allstate is one of 856 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from be ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Allstate (ALL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Allstate currently has an average brokerage ...

Investors generally consider a 52-week high a good criterion for determining an entry or exit point for a given stock. However, stocks touching new 52-week highs are often predisposed to profit-taking, resulting in pullbacks and trend reversals.Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculation is not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced.In fact, investors might lose out on top gainers in an attempt to avo ...