Lewis Solimene - Allstate Managing Team

ALL-PB Preferred Stock  USD 26.45  0.04  0.15%   

Insider

Lewis Solimene is Managing Team of The Allstate
Age 63
Phone847 402 5000
Webhttps://www.allstate.com

Allstate Management Efficiency

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 Allstate has accumulated 7.98 B in total debt with debt to equity ratio (D/E) of 29.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Allstate has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become 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.

Similar Executives

Showing other executives

INSIDER Age

Josh BrekenfeldAspen Insurance Holdings
N/A
Aileen MathiesonAspen Insurance Holdings
N/A
Chaya CooperbergAmTrust Financial Services
N/A
Anthony HarnettSelective Insurance Group
50
Mark WilcoxSelective Insurance Group
55
Michael LanzaSelective Insurance Group
61
Chaya CooperbergAmTrust Financial Services
N/A
Vincent SeniaSelective Insurance Group
59
Hunter HoffmannAmTrust Financial Services
N/A
Chaya CooperbergAmTrust Financial Services
N/A
Grahame DaweAspen Insurance Holdings
53
Chaya CooperbergAmTrust Financial Services
N/A
Todd JaegerAmTrust Financial Services
N/A
Todd JaegerAmTrust Financial Services
N/A
Heather BrownAspen Insurance Holdings
57
Joseph CFASelective Insurance Group
N/A
John CPCUSelective Insurance Group
53
Mark CloutierAspen Insurance Holdings
68
Grahame DaweAspen Insurance Holdings
53
Brenda HallSelective Insurance Group
52
Daniel PaciccoAmTrust Financial Services
N/A
The Allstate Corporation, through 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 headquartered in Northbrook, Illinois. Allstate 5 is traded on New York Stock Exchange in USA. The Allstate (ALL-PB) is traded on New York Stock Exchange in USA. It is located in 2775 Sanders Road, Northbrook, IL, United States, 60062 and employs 54,300 people. Allstate is listed under 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.
Russell Mayerfeld, Managing Director
Peter CFA, Managing Investing
Lewis Solimene, Managing Team
Thomas II, Pres Chairman
Samuel Pilch, Group Company
Robert Toohey, Ex Officer
Steven Sorenson, Exec Transformation
John Pintozzi, Controller VP
Jesse BBA, Ex CFO
Mark Nogal, Head Relations

Allstate Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Allstate Preferred Stock

Allstate financial ratios help investors to determine whether Allstate Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allstate with respect to the benefits of owning Allstate security.