Allstate falls after disclosing catastrophe losses for May

ReutersJun 18, 2025 1:23 PM

Property and casualty insurer Allstate's ALL.N shares down ~1.10% at $196 premarket

ALL announces catastrophe losses of $777 mln, or $614 mln after tax, for May

Company says catastrophe losses for May include 11 events, with approximately 70% of losses related to three geographically widespread wind and hail events

ALL reports total policies in force of 37.9 mln for May

17 of 21 brokerages rate stock "buy" or higher, three "hold" and one "sell"; their median PT is $230 - data compiled by LSEG

As of last close, stock up ~2.8% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Nvidia Stock Prediction: Can NVDA Hit $1,000 by 2030?

Nvidia remains a “Strong Buy” for those who believe cumulative AI infrastructure spending will reach the projected $3 trillion to $7 trillion by 2030. However, investors must be prepared for "wild swings" as the market transitions from AI hype to tangible AI utility.

Bloom Energy Q1 Revenue Doubling Validates Data Center Power Solution Growth Expectations; Shares Surge Over 16% Post-Market

TradingKey - Fuel cell technology provider Bloom Energy announced its first-quarter 2026 financial results after the market close on April 28. During the period, Bloom Energy reported revenue of $751 million on a non-GAAP basis, a substantial year-over-year increase of 130.4% and significantly highe

Robinhood Slumps 8% After Earnings. Revenue and Profit Both Miss, Market Fears Coinbase May Follow Suit.

Robinhood’s earnings miss triggered a sharp decline in its stock price and intensified market concerns regarding Coinbase.

MSTR Stock Price Prediction 2026-2030: Is Strategy the Ultimate Bitcoin Leveraged Play?

trategy Inc. has evolved from a nascent software company into a complex financial engine. Whether you are watching the MSTR stock price today for a day trade or evaluating it for a decade-long hold, the company represents the premier equity vehicle for the digital age.

Deep Analysis 48 Hours Before Microsoft Earnings: OpenAI Agreement Restructuring Implemented, Three Variables of Azure, Copilot, and Capital Expenditure Determine MSFT Valuation Recovery Path

Microsoft released its FY26 Q3 earnings on April 29. This article provides an in-depth analysis of the impact of the OpenAI agreement restructuring, examining three key metrics—Azure growth, a 3.3% Copilot penetration rate, and $110 billion in capital expenditure—to determine whether MSFT’s forward P/E of 22x offers a long-term positioning opportunity.

Featured Tools