Ally Financial Company Profile (NYSE:ALLY)

Ally Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLY."

Ally Financial announced a quarterly dividend on Wednesday, July 19th. Investors of record on Tuesday, August 1st will be paid a dividend of $0.12 per share on Tuesday, August 15th. This represents a $0.48 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, July 28th. This is a positive change from Ally Financial's previous quarterly dividend of $0.08. View Ally Financial's Dividend History.

Ally Financial announced that its board has authorized a stock repurchase plan on Thursday, June 29th 2017, which allows the company to buyback $760,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Ally Financial Inc. (NYSE:ALLY) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. Ally Financial had a return on equity of 7.55% and a net margin of 13.83%. During the same quarter in the prior year, the firm posted $0.54 EPS. View Ally Financial's Earnings History.

Ally Financial is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Ally Financial.

16 equities research analysts have issued 1 year price targets for Ally Financial's stock. Their predictions range from $20.00 to $31.00. On average, they anticipate Ally Financial's stock price to reach $25.58 in the next twelve months. View Analyst Ratings for Ally Financial.

Here are some recent quotes from research analysts about Ally Financial stock:

• 1. Credit Suisse Group analysts commented, "ALLY hosted a mid-earnings conference call and reported that weaker used car prices are influencing their lease yields and charge-offs: We reiterate our Outperform rating but lower our earnings estimates from $2.32 in '17 to $2.22 and from $2.70 in '18 to $2.55 due to lower auto prices." (3/22/2017)
• 2. According to Zacks Investment Research, "Ally Financial’s shares outperformed the Zacks categorized Consumer Loan industry over the last six months. The company’s fourth-quarter 2016 adjusted earnings outpaced the Zacks Consensus Estimate, attributable to rise in revenues. However, this was partially offset by an increase in expenses and higher provisions for loan losses. Moreover, the company’s high debt levels may restrain its ability to procure additional funds for working capital, acquisitions or other purposes. Nonetheless, the company’s efforts to diversify its revenue sources by enhancing its digital offerings and introducing new products will help bottom-line growth. Also, the company’s encouraging capital deployment activities reflect a strong balance sheet position." (2/7/2017)
• 3. Jefferies Group LLC analysts commented, "ALLY presented at a competitor conference and we are updating our model for 4Q16 and 2017 guidance provided within the presentation. Our FY16 EPS estimate declines from $2.17 to $2.07 and our FY17 EPS estimate declines from $2.48 to $2.24." (12/7/2016)

Some companies that are related to Ally Financial include Deutsche Boerse AG (DBOEY), The Blackstone Group L.P. (BX), Shinhan Financial Group Co Ltd (SHG), Ameriprise Financial Services (AMP), Nomura Holdings Inc ADR (NMR), Legal & General Group Plc (LGGNY), Orix Corp Ads (IX), Northern Trust Corporation (NTRS), T. Rowe Price Group (TROW), KB Financial Group (KB), Willis Towers Watson Public Limited Company (WLTW), Fifth Third Bancorp (FITB), KeyCorp (KEY), Hartford Financial Services Group, Inc. (The) (HIG), National Bank of Canada (NA), Erste Group Bank AG (EBKDY), Digital Realty Trust (DLR) and Boston Properties (BXP).

Ally Financial's management team includes the folowing people:

• Franklin W. Hobbs IV, Independent Chairman of the Board
• Jeffrey J. Brown, Chief Executive Officer, Director
• Christopher A. Halmy, Chief Financial Officer
• Diane Morais, Chief Executive Officer and President of Ally Bank
• Timothy M. Russi, President of Auto Finance of Ally
• David P. Shevsky, Chief Risk Officer
• David J. DeBrunner, Chief Accounting Officer, Vice President, Corporate Controller
• Scott A. Stengel, Vice President, General Counsel
• Kenneth J. Bacon, Independent Director
• Robert T. Blakely Ph.D., Independent Director

Ally Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Harris Associates L P (8.14%), Vanguard Group Inc. (8.02%), Franklin Resources Inc. (4.05%), JPMorgan Chase & Co. (3.60%), Canada Pension Plan Investment Board (1.93%) and Cyrus Capital Partners L.P. (1.90%). Company insiders that own Ally Financial stock include Christopher A Halmy, Jeffrey Jonathan Brown, Marjorie Magner and Mayree C Clark. View Institutional Ownership Trends for Ally Financial.

Ally Financial's stock was sold by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Boston Partners, Bank of Montreal Can, State Street Corp, Harris Associates L P, Gluskin Sheff & Assoc Inc., JPMorgan Chase & Co. and Schroder Investment Management Group. View Insider Buying and Selling for Ally Financial.

Ally Financial's stock was purchased by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Thrivent Financial For Lutherans, Canada Pension Plan Investment Board, FMR LLC, Thompson Siegel & Walmsley LLC, Bank of New York Mellon Corp, Janus Henderson Group PLC and Harbour Capital Advisors LLC. Company insiders that have bought Ally Financial stock in the last two years include Christopher A Halmy, Jeffrey Jonathan Brown, Marjorie Magner and Mayree C Clark. View Insider Buying and Selling for Ally Financial.

Shares of Ally Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ally Financial stock can currently be purchased for approximately $23.32.