Allstate Trades at 5x Earnings. Deep Value, or a Warning That Profits Have Peaked?

The Allstate Corporation (NYSE:ALL) is one of the largest personal property and casualty insurers in the U.S. Shares fell 5.5% to $229.50 on September 22, 2026, and it now sits about 17% below its high of $277.22. The sell-off followed the company’s disclosure of $748 million in catastrophe losses for August, driven largely by severe […]