Here's How Much $100 Invested In Allstate 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Allstate (NYSE:ALL) has produced an average annual return of 13.85%, outperforming the market by 1.37% annually. A $100 investment in Allstate 15 years ago would now be worth $671.31. The company currently has a market capitalization of $44.73 billion.
May 07, 2024 | 3:01 pm
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Allstate has shown significant growth over the past 15 years, with a $100 investment growing to $671.31, reflecting an average annual return of 13.85%.
The substantial growth in investment value over 15 years, coupled with Allstate's consistent market outperformance, suggests a positive outlook for the company's stock. This historical performance, especially the above-average annual return, indicates strong financial health and operational success, likely contributing to investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100