|Bid||27.61 x 2200|
|Ask||27.66 x 900|
|Day's Range||27.56 - 27.66|
|52 Week Range||25.14 - 27.96|
|Beta (5Y Monthly)||0.84|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.19 (4.30%)|
|Ex-Dividend Date||Jun. 29, 2021|
|1y Target Est||N/A|
Despite more than half a billion of catastrophe loss, Allstate's (ALL) underwriting margins are likely to do well.
Last month, investors learned that billionaire activist investor Carl Icahn had accumulated a $400 million stake in Allstate (NYSE: ALL). Icahn is best known for his shareholder activism, buying up companies when no one wants them and unlocking their value, which then delivers value to shareholders. The activist investor added the stock last year at around $90 a share.
NORTHBROOK, Ill., Jun 17, 2021--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $213 million pre-tax, or $168 million, after-tax. Catastrophe losses for April and May totaled $598 million, after-tax.