Monday, July 2, 2007

Allstate Corp.

Allstate Corp. is among the world’s largest Property and Casualty Insurance sector businesses in the world. Allstate Corp.’s employees generate $5.073B in profits on $36.046B of revenue. Global output in the Property and Casualty Insurance business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Allstate Corp. is determined to remain a market leader. Sectoral leadership in the Property and Casualty Insurance segment takes dedication and consistency, but management seeks out-sized growth.

Allstate Corp.’s ticker symbol ALL has recently been trading near $61.95 a share. The Allstate Corp. corporate headquarters in Northbrook, IL predicts Property and Casualty Insurance profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $37.629B ensures sufficient liquidity. With a beta of 0.68, the company is less volatile than the market as a whole. When the average equity moves lower, Allstate Corp. moves less aggressively.

0 comments: