Stock Update: The Allstate Corporation (NYSE:ALL) – Allstate Publishes 2015 Online Annual Report, Shares Successes While Looking to the Future

[PR Newswire] – In his letter to shareholders, Chairman and Chief Executive Officer Thomas J. Wilson discusses Allstate’s progress on its 2015 operating priorities and lays out his vision for Allstate – not just a decade or two down the road, but well into the next century. Read more on this. The Allstate Corporation (ALL) , currently valued at $24.47B, started the session at $65.02. Shares have traded today between $64.88 and $65.25 per share with a trailing 52-week range being $54.12 to $70.74. Priced at 14.00x this year’s forecasted earnings, ALL shares are relatively inexpensive compared to the industry’s 14.86x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.32 per share annually in dividends, yielding 2.01%. Consensus earnings for the current quarter by the 23 sell-side analysts covering the stock is an estimate of $0.70 per share, which would be $0.76 worse than the year-ago quarter and a $0.71 sequential decrease. Investors should also note that the full-year EPS estimate of $4.68 is a $0.51 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.61 Billion. If realized, that would be a 4.10% increase over the year-ago quarter. Recently, Citigroup upgraded ALL from Neutral to Buy (Feb 5, 2016). Previously, Macquarie upgraded ALL from Neutral to Outperform. Investors should keep in mind is that the average price target is $72.05, which is 10.81% above where the stock opened this morning. See more in (NYSE:ALL) Similar Articles: Stock Update: The Allstate Corporation (NYSE:ALL) – Allstate Named One of the 2016 ‘Top Companies for Executive Women’ by the National Association for Female Executives Stock Update: The Allstate Corporation (NYSE:ALL) – Allstate Black History Month Campaign Spotlights Modern African-American Inspirational Stories Company Update: The Allstate Corporation (NYSE:ALL) – Allstate® to Bring Entertainment, Excitement and Usher to New Orleans for the 2016 Allstate® Sugar Bowl®