Patrick Macellaro - Allstate President of the Encompass Insurance Companies

ALL Stock  USD 175.41  2.45  1.42%   

President

Mr. Patrick Macellaro is President of the Encompass Insurance Companies of the Company. He has more than 20 years of experience in the insurance and finance industry. He originally joined Allstate in 1995 and returned in 2003 after several years at PricewaterhouseCoopers. During his Allstate career, he held various roles in the Finance and Product organizations supporting both home office and agency operations. Macellaro joined Investor Relations in 2013 and developed positive relationships with the investor community. Promoted to vice president in 2015, Macellaro has managed Allstate relationship with Wall Street by regularly communicating with analysts and investors to clearly articulate the company position, strategy and financial performance. His financial acumen, relationship building and strategic thinking, as well as his experience in driving longterm success, prepared him well to lead Encompass, which provides insurance solutions to mass affluent consumers through independent agencies. Macellaro earned his bachelor degree in accounting from St. Joseph College, Long Island, New Yorkand an MBA from the University of Illinoisat Chicago. since 2016.
Tenure 8 years
Professional MarksMBA
Address 3100 Sanders Road, Northbrook, IL, United States, 60062
Phone847 402 5000
Webhttps://www.allstate.com

Allstate Management Efficiency

Return On Tangible Assets is expected to rise to -0.0018 this year. Return On Capital Employed is expected to rise to -0.0033 this year. At this time, Allstate's Debt To Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 69.79 this year, although the value of Non Currrent Assets Other will most likely fall to (69.1 B). Allstate's management efficiency ratios could be used to measure how well Allstate manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allstate until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate's use of debt, we should always consider it together with cash and equity.
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois. Allstate Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 54300 people. The Allstate (ALL) is traded on New York Stock Exchange in USA. It is located in 3100 Sanders Road, Northbrook, IL, United States, 60062 and employs 53,000 people. Allstate is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Allstate Leadership Team

Elected by the shareholders, the Allstate's board of directors comprises two types of representatives: Allstate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allstate. The board's role is to monitor Allstate's management team and ensure that shareholders' interests are well served. Allstate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allstate's outside directors are responsible for providing unbiased perspectives on the board's policies.
Samuel Pilch, Senior Group Vice President Controller of the Company and AIC
Jacques Perold, Independent Director
Mary Fortin, President - Allstate Financial of AIC
John Rhodes, Executive Vice President and Chief Risk Officer of AIC
Mike Fiato, Executive Officer
Karl Wiley, Executive Group
Carolyn Blair, Chief Human Resource Officer, Executive Vice President
Andrea Redmond, Independent Director
Robert Beyer, Independent Director
Mark Prindiville, Executive Vice President Chief Risk Officer of AIC
Margaret Keane, Independent Director
Eric Ferren, Senior Vice President Chief Accounting Officer, Controller
Jesse Merten, Executive Vice President and Chief Risk Officer of AIC
Brent Vandermause, Head Relations
Elizabeth Brady, Executive Vice President and Chief Marketing, Innovation and Corporate Relations Officer
Suren Gupta, Executive Vice President, Chief Information Technology and Enterprise Services Officer of AIC
Perry Traquina, Independent Director
Siddharth Mehta, Independent Director
Mario Rizzo, Chief Financial Officer, Executive Vice President
Judith Greffin, Executive Vice President and Chief Investment Officer of AIC
Rhonda Ferguson, Executive Vice President, General Counsel, Company Secretary, of the Allstate Corporation and AIC
Peter CFA, Managing Investing
Don Civgin, Vice Chairman of the Board, Chief Executive Officer - Protection Products and Services of AIC
Donald Brown, Independent Director
Mary Taylor, Independent Director
Steven Shebik, CFO, Executive Vice President of the Company and AIC
Chris Brown, Managing Principal
John Pintozzi, Senior Vice President Chief Accounting Officer, Controller
Jesse BBA, Executive CFO
Katherine Mabe, President - Business to Business of AIC
Harriet Harty, Executive Vice President - Human Resources of AIC
Mark Green, President - Encompass Insurance Companies
Russell Mayerfeld, Managing Director
John Rowe, Independent Director
Lewis Solimene, Managing Team
Sanjay Gupta, Executive Vice President and Chief Marketing Officer of AIC
Thomas II, President Board
Robert Toohey, Executive Officer
Christine Esq, Chief VP
Steven Sorenson, Exec Transformation
Judith Sprieser, Lead Independent Director
Susan Lees, Executive VP, General Counsel, Secretary, Chief Legal Officer Allstate Insurance Company, Executive VP of Allstate Insurance Company, General Counsel of Allstate Insurance Company and Secretary of Allstate Insurance Company
Kermit Crawford, Independent Director
Patrick Macellaro, President of the Encompass Insurance Companies
Richard Hume, Independent Director
Glenn Shapiro, President - Personal Property-Liability of AIC
Matthew Winter, Pres and President of Allstate Insurance Company
Thomas Wilson, Chairman of the Board and Presidentident, CEO; Chairman of the Board and Presidentident, CEO of AIC
Gregg Sherrill, Lead Independent Director
Zulfikar Jeevanjee, Executive Officer
Steven Verney, Executive Vice President and Chief Risk Officer of AIC
Michael Eskew, Independent Director
John Dugenske, Executive Vice President Chief Investment Officer and Corporate Strategy Officer
Herbert Henkel, Independent Director
Mark Nogal, Head Relations

Allstate Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Allstate a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Allstate Investors Sentiment

The influence of Allstate's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Allstate. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Allstate's public news can be used to forecast risks associated with an investment in Allstate. The trend in average sentiment can be used to explain how an investor holding Allstate can time the market purely based on public headlines and social activities around The Allstate. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Allstate's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allstate's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Allstate's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allstate.

Allstate Implied Volatility

    
  29.82  
Allstate's implied volatility exposes the market's sentiment of The Allstate stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Allstate's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Allstate stock will not fluctuate a lot when Allstate's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allstate in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allstate's short interest history, or implied volatility extrapolated from Allstate options trading.

Pair Trading with Allstate

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allstate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allstate will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allstate Stock

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Moving against Allstate Stock

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The ability to find closely correlated positions to Allstate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allstate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allstate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Allstate to buy it.
The correlation of Allstate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allstate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allstate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Allstate's price analysis, check to measure Allstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstate is operating at the current time. Most of Allstate's value examination focuses on studying past and present price action to predict the probability of Allstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstate's price. Additionally, you may evaluate how the addition of Allstate to your portfolios can decrease your overall portfolio volatility.
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Is Allstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Dividend Share
3.56
Earnings Share
(1.19)
Revenue Per Share
217.501
Quarterly Revenue Growth
0.087
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.