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 Allstate Corp. The  (ALL) Trade Now »     Rate ALL  -  Discuss ALL  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
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** v.s. other stocks 		This Quarter's Sentiment:
All:
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Top:
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ALL Analysis & Videos »


ALL: Bull or Bear?

Allstate soon to face up to Mark-to-Market value of its investments Graphic_rating_sell ALL
84%
 +53.40%
in 176 days
Allstate has BV equity of around $22bn vs a higher market cap of around $28bn.
 
This equity is geared to support $159bn of assets of which $121bn are investments and excluding short term assets, investments total around $115bn.
 
Although Allstate had a conservative investment portfolio recent events plus the recent downgrade of the monolines means significant writedowns in investment values can be expected. Below is tabled the writedowns forecast assuming a number of the AAA wrapped munis are downgraded, corporates are downgraded to reflect the increasing defaults (ba
...
By  ferrit   (+37.24%  risk: aggressive)  06/11/08 Comment


Allstate Dodges Subprime Question Graphic_rating_sell ALL
+59.55%
in 500 days
Allstate (NYSE:ALL) recently announced their quarterly earnings. In the conference call they of course took a question on the sub-prime exposure. Their response is that they feel very comfortable and feel that they took the necessary steps several years ago. They also claim to hold approximately $4.8 billion in subprime mortage securities and $164 million in ABS CDO's.

If you listen very carefully to the response they do admit to experiencing valuation declines. ie they are losing money. They claim to have not been bothered by the ratings declines. Who cares when you are losing money...
By  George Gutowski   (-25.12%  risk: conservative)  07/23/07 Comment





People Bullish on ALL

Statistician
Analyst
N/A
about 16 hours ago

Art
Analyst
N/A
about 23 hours ago

warrenbuffettway
Analyst
64%
about 1 mo ago

B_wall_street_sign_istock
duggy
Sr. Analyst
 8 %
2 mos ago

Foto
Marian Filo
Principal
66%
3 mos ago


People Bearish on ALL

josh
Analyst
86%
3 mos ago

alephandtao
Associate
83%
4 mos ago

Funny_1_
zarakhiel
Associate
82%
4 mos ago

maddude
Associate
81%
4 mos ago

ferrit
Analyst
84%
5 mos ago

ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 19.61 +43.19% 175
2 Gerald Greene 18.26 +42.29% 57
3 krprasad 16.35 +17.71% 7
4 The Big Bear 14.95 +39.54% 212
5 akiralegrand 13.77 +16.71% 40


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Discussion Wall + Add  
bpmiller1   (+4.75%  risk: aggressive)
They all follow SPY - Heres a simple method I use for to gauge where a stock will go using SPY . SPY is the bandleader with more volume 2-3x than any other stock (except for...
+   4 replies


More Resources

Graphic_arrow1 About Allstate Corp. The - Answers.com

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