Allstate Corporation (ALL, Financial) experienced a significant stock drop of 1.84%, with shares priced at $199.89. The trading volume reached 475,854 shares, a turnover rate of 0.18%, and a price fluctuation of 2.17%. Recent financial reports show Allstate's revenue at $16.627 billion, net profit at $1.19 billion, and earnings per share of $4.39, with a price-to-earnings ratio of 12.94. Among 24 rating agencies, 67% recommend buying, 21% suggest holding, and 12% advise selling.
In the insurance sector, which fell by 0.95%, companies like Huize, Oxbridge Re Holdings, and Maiden Holdings saw notable gains. Allstate remains a leading U.S. property insurer, primarily offering auto and homeowner insurance through approximately 6,000 exclusive agents in North America.
