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Comments for ALL

Added By	Comments	Type	Date Added
barrons2	Adami said he likes Allstate (ALL) because it has a nice dividend and will probably go higher from here.	Love	June 04, 2008
MurrDogg4	work there.	Love	May 15, 2008
barrons2	On the other hand, "I'm not that high on MBIA (MBI). I don't feel that good about MGIC (MTG). He was also bearish on AIG (AIG) and expressed concern over legal problems at Allstate (ALL).	Love	April 24, 2008
sarah z	The North Brook, IL based insurance giant recently announced plans to increase its dividend and buy back $2 billion of its stock through March of next year. The company said it will begin the new buyback once its existing $4 billion program is complete which should be sometime in the spring. This $2 billion dollar buyback would reduce shares outstanding by about 7%. The insurer recently reported Q4 earnings where they saw a 37% drop year over year in its bottom line. However, this was due mainly to the Southern California wildfires which the insurer said accounted for $318 million in losses. The company still reported $4.6 billion in income for the year, which is its second best year ever. Revenues were down 1 percent to $8.99 billion from the prior year. Chief Executive Thomas Wilson noted that the company "delivered strong results in the fourth quarter despite increased catastrophe losses and tumultuous investment markets." Analyst Craig Weber of research firm Celent pointed out that "the bigger question is whether Allstate is battening down the hatches in all the right places to avoid big exposures, particularly in hurricane-prone areas. So far, Allstate has weathered quite a few storms and still kept a high return on equity, with a combined ratio under 90. It's hard to argue with that." Shares are off around 10% since just late January. With a buyback in place, a 3.4% dividend and given that the stock trades for just 4x cash flow, it makes sense that you have some savvy investors in the stock.	Love	March 05, 2008
High Dividends	7.9%	Love	March 03, 2008
barrons2	Q: What abut depressed property-and-casualty insurance stocks? A: There is some value there. We should divide the sector into two parts, personal lines and commercial. There is severe price competition on the commercial side, and it's hard to tell when that will abate. I won't comment about Loews or CNA, but I like Allstate [ALL], which is trading at 46, about seven times estimated 2008 earnings. Allstate is focused on personal lines, primarily auto.	Love	February 16, 2008
Ehilo	Allstate insurance. (Back cover!) (Back page itself was Vanguard funds, no ticker to insert.)	Love	February 07, 2008
stephenpolk	none	Hate	February 03, 2008
Norman Schultz	safety low pe	Love	January 21, 2008
barrons2	There were more than 50 stocks last week within the S&P 500 trading below 10 times forward earnings, including insurers Chubb (CB) andAllstate (ALL), oil refiners Tesoro (TSO) andSunoco (SUN), retailers J.C. Penney and Macy's, and many major securities firms, including Lehman Brothers (LEH) and Morgan Stanley (MS).	Love	January 19, 2008
nmaier2201	undervalued and no cats mean profits	Love	January 07, 2008
barrons2	"Allstate is trading at a depressed level, but investors are focusing too much on potential risks and too little on potential rewards. Barring a Katrina-like catastrophe, the stock could rise at least 25% in a year."	Love	December 08, 2007
flg5628	price dividend	Love	November 27, 2007
Fentonian	recommended be Tom Gardner, low p.e., good option spread	Love	November 19, 2007
golgalo	reasonable EPS	Love	October 30, 2007
glensven	dumb	Love	October 22, 2007
goober13	cheap	Love	October 17, 2007
jhb05	Hasn't move a bit. Low p/e.	Hate	September 30, 2007
sefredri	Well-managed insurer of real estate and property liability; has adjusted to lower risk exposure in hurricane and natural disaster regions	Love	September 27, 2007
Ellen James	Recommended	Love	August 28, 2007
gkhaleel	Very attractive in the insurance industry. Low PE, High EPS, grwth is promising.	Love	August 23, 2007
ckcrume	$$	Love	August 22, 2007
barrons2	From Barron's 8-19-07: Neutral - Price 52.37 on Aug. 14 by UBS Securities Raising our rating on Allstate to Neutral, from Sell, and reducing our price target to 59. Allstate's shares are down 20% year-to-date [versus] UBS Property & Casualty index, down 3.3%. Underperform[ance] is due to fears over subprime mortgage exposure and two quarters of earnings misses. With shares trading at just under 1.5 times book value and an estimated [return on equity] in 2008 of 17.5%, we see little downside to current valuation. Auto-insurance-loss cost comparisons get easier for Allstate in 2H07...if we assume a 25% deterioration in ALL's $6.1 billion of subprime and Alt-A RMBS exposure, which appears unlikely, with 94% rated [triple-A/double-A], it would reduce book value by less than 5%.	Love	August 18, 2007
Barrons	But offshore earnings of Australian companies without such a natural hedge are at risk. Michael Birch, a portfolio manager at Wallace Funds Management in Sydney, says that companies whose earnings could be crimped include slot-machine maker	Love	June 02, 2007
cfriedel	My insurance company, it also has good PE and PEG ratios. Finally, it pays a nice dividend.	Love	May 23, 2007
PhilScim	limiting risk	Love	May 01, 2007
sarah z	Allstate recently announced a $1 billion dollar buyback which adds to its prior plan. The stock trades for 4.8x EBITDA Allstate Corp. on April 18th said first-quarter profit rose 5 percent as investment gains offset a decline in revenue from property-liability insurance premiums. The results easily beat estimates of analysts surveyed by Thomson Financial. They also put Allstate on an early pace to surpass last year's record earnings.	Love	April 25, 2007
Corgy	financials - price stability	Love	April 02, 2007
ecaliento	I've owned it since it was American Heritage	Love	March 29, 2007
John Trevor	A-1-7	Love	March 21, 2007