Allstate Down 3.6% On Earnings Miss (ALL)

Shares of Northbrook, Illinois-based insurance company Allstate Corporation ALL are currently down 3.6% at $31.20 per share during Thursday afternoon trading. Today's trading range for shares of Allstate Corporation has been between $30.70 and $31.44 per share. The consensus price target of analysts covering the company's stock is $36.96 per share. Volume of 11.8 million shares is nearly 3 times the daily average volume of 4 million shares. Allstate Corporation (ALL) released financial results late on Wednesday that missed Wall Street earnings estimates. Allstate Corporation reported 4th quarter operating income of 50 cents per share. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 88 cents per share. Read more from Benzinga's Company news.