Are Wall Street Analysts Bullish on Allstate Stock?

The Allstate Corporation (ALL), headquartered in Northbrook, Illinois, is the third-largest property-casualty insurer and the largest publicly-held personal lines carrier in the U.S. Valued at $47.6 billion by market cap, It offers a variety of insurance and investment products to households, primarily through exclusive agencies and financial specialists across the U.S. and Canada.

Shares of this leading property & casualty insurance company have significantly outperformed the broader market over the past year. ALL has gained 69.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.8%. In 2024 alone, ALL stock is up 27.8%, surpassing SPX’s 17.8% rise on a YTD basis.