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MarketBeat Week in Review – 9/25 - 9/29
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
CarMax Slides On Earnings Disappointment, Time To Celebrate?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Will the Energy Sector Continue to Outshine the Market?
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Fraud Expert: Dump these three popular stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
Fraud Expert: Dump these three popular stocks (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
CarMax Slides On Earnings Disappointment, Time To Celebrate?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Will the Energy Sector Continue to Outshine the Market?
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Fraud Expert: Dump these three popular stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
Fraud Expert: Dump these three popular stocks (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
CarMax Slides On Earnings Disappointment, Time To Celebrate?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Will the Energy Sector Continue to Outshine the Market?
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Fraud Expert: Dump these three popular stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
Fraud Expert: Dump these three popular stocks (Ad)
How major US stock indexes fared Friday, 9/29/2023
MarketBeat Week in Review – 9/25 - 9/29
NYSE:ALLY

Ally Financial (ALLY) Stock Forecast, Price & News

$26.68
+0.05 (+0.19%)
(As of 09/29/2023 ET)
Compare
Today's Range
$26.60
$27.16
50-Day Range
$25.93
$30.54
52-Week Range
$21.58
$35.78
Volume
3.21 million shs
Average Volume
6.24 million shs
Market Capitalization
$8.05 billion
P/E Ratio
7.29
Dividend Yield
4.50%
Price Target
$31.34

Ally Financial MarketRank™ Forecast

Analyst Rating
Hold
2.12 Rating Score
Upside/​Downside
17.4% Upside
$31.34 Price Target
Short Interest
Healthy
3.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.81
Upright™ Environmental Score
News Sentiment
0.48mentions of Ally Financial in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.72%
From $3.27 to $4.34 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Finance Sector

88th out of 886 stocks

State Commercial Banks Industry

22nd out of 186 stocks


ALLY stock logo

About Ally Financial (NYSE:ALLY) Stock

Ally Financial Inc. is a digital financial services company headquartered in Detroit, Michigan. It was founded in 1919 as the financial arm of General Motors, known as GMAC. Over time, Ally Financial became a diversified financial services provider offering banking, auto finance, and home loans. The company has a presence in the United States and Canada and is considered one of the leading players in the auto finance industry.

Ally Financial's management team is led by Chief Executive Officer Jeffrey J. Brown, who has been with the company since 2009. Brown has over 30 years of experience in the financial services industry and has been instrumental in the company's growth and transformation. Under Brown's leadership, Ally Financial underwent a significant shift, including a successful initial public offering in 2014 and the acquisition of CardWorks in 2020. 

Ally Financial has experienced solid financial performance, consistent revenue, and profit margin growth in recent years. The company reports growing revenue and net profit for the past several years. The company's return on equity (ROE) has consistently exceeded the industry average, reaching around 16%. Furthermore, Ally Financial's earnings per share (EPS) is higher than the industry average.

The company's debt-to-equity ratio is higher than the industry average but still within a manageable range. Ally Financial has maintained its debt levels and has a solid financial position. The company's cash and cash equivalents have recently increased, indicating strong liquidity and financial flexibility.

Regarding valuation, Ally Financial is considered favorable compared to industry peers. The company's price-to-earnings ratio is lower than the industry average, indicating that the stock is undervalued. The company's price-to-book ratio is also lower than the industry average. 

Despite the favorable valuation metrics, the company's stock performance has been mixed in recent years, with significant price movements and changes in trading volume. In 2022, the stock price decreased significantly due to investors' fears surrounding the COVID-19 pandemic. It is important to note that this drop was industry-wide, with most of Ally Financial's peers experiencing the same or similar drops in share price. Investors should know the stock's volatility and potential risks associated with investing in the financial services industry.

Ally Financial operates in a highly competitive industry, with competitors such as Capital One, JPMorgan Chase, and Wells Fargo. The auto finance industry, in particular, is highly cyclical and sensitive to changes in economic conditions. Despite the challenges, Ally Financial has a strong market position and has been able to capitalize on the trend toward digital banking and lending. The company's online banking platform has been a key growth driver, with over four million customers and $200 billion in deposits.

One of the significant growth opportunities for Ally Financial is centered around expanding its presence in the auto finance and digital banking markets. The company is well-positioned to benefit from the trend toward electric vehicles. The company recently partnered with General Motors to finance GM's Ultium Cells LLC joint venture. Additionally, the company's acquisition of CardWorks in 2020 has expanded Ally Financial's presence in the credit card and merchant services markets, providing new growth opportunities. The company's strategic focus on digital banking and lending has provided customers with convenient and innovative financial products and services.

Ally Financial faces several risks and challenges that could impact its growth and profitability. One of the most significant risks is the potential for regulatory changes in the financial services industry. The regulatory environment for financial services companies is complex and can impact the company's ability to operate effectively. The company's exposure to compliance and regulatory requirements risks could have a material impact on its financial results.

Another significant risk for Ally Financial is the potential for changes in consumer preferences. Customers are increasingly turning to digital banking and lending solutions, and the company must continue to innovate and adapt to changing customer preferences to maintain its competitive position. Additionally, the company faces increased competition from traditional banks and fintech companies, which could impact its market share and profitability.

Finally, economic conditions can significantly impact Ally Financial's financial performance. The company operates in a cyclical industry sensitive to changes in interest rates and credit quality. An economic downturn could affect the company's revenue and profitability.

ALLY Price History

ALLY Stock News Headlines

Best Banks and Credit Unions in Texas for October 2023
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Piper Sandler Sticks to Their Hold Rating for Ally Financial (ALLY)
BrioDirect Review 2023
Brokerages Set Ally Financial Inc. (NYSE:ALLY) Target Price at $31.28
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Ally launches proprietary, enterprise AI platform
Bask Bank review
CIT Bank High-Yield Savings Rates: Earn up to 5.05% APY
See More Headlines
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ALLY Company Calendar

Last Earnings
7/19/2023
Ex-Dividend for 8/15 Dividend
7/31/2023
Dividend Payable
8/15/2023
Today
9/30/2023
Next Earnings (Confirmed)
10/18/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
11,600
Year Founded
1919

Price Target and Rating

Average Stock Price Forecast
$31.34
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+17.4%
Consensus Rating
Hold
Rating Score (0-4)
2.12
Research Coverage
17 Analysts

Profitability

Net Income
$1.71 billion
Pretax Margin
19.69%

Debt

Sales & Book Value

Annual Sales
$9.25 billion
Cash Flow
$11.36 per share
Book Value
$35.28 per share

Miscellaneous

Free Float
299,478,000
Market Cap
$8.05 billion
Optionable
Optionable
Beta
1.35

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Key Executives

  • Mr. Jeffrey J. Brown (Age 50)
    CEO & Director
    Comp: $5.33M
  • Mr. Scott A. StengelMr. Scott A. Stengel (Age 51)
    Gen. Counsel
    Comp: $1.52M
  • Mr. Douglas R. TimmermanMr. Douglas R. Timmerman (Age 60)
    Pres of Dealer Financial Services
    Comp: $2.58M
  • Ms. Diane E. MoraisMs. Diane E. Morais (Age 57)
    Pres of Consumer & Commercial Banking Products - Ally Bank
    Comp: $2.33M
  • Mr. Bradley J. Brown (Age 56)
    Corp. Treasurer
    Comp: $1.57M
  • Mr. Russell E . Hutchinson
    Chief Financial Officer
  • Mr. David J. DeBrunnerMr. David J. DeBrunner (Age 57)
    VP, Corp. Controller & Chief Accounting Officer
  • Mr. Sathish Muthukrishnan (Age 49)
    Chief Information, Data & Digital Officer
  • Sean Leary
    Head of Investor Relations and Enterprise FP&A
  • Mr. Daniel Soto
    Chief Compliance Officer













ALLY Stock - Frequently Asked Questions

Should I buy or sell Ally Financial stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLY, but not buy additional shares or sell existing shares.
View ALLY analyst ratings
or view top-rated stocks.

What is Ally Financial's stock price forecast for 2023?

17 brokers have issued 1 year target prices for Ally Financial's stock. Their ALLY share price forecasts range from $20.00 to $45.00. On average, they anticipate the company's share price to reach $31.34 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price.
View analysts price targets for ALLY
or view top-rated stocks among Wall Street analysts.

How have ALLY shares performed in 2023?

Ally Financial's stock was trading at $24.45 on January 1st, 2023. Since then, ALLY shares have increased by 9.2% and is now trading at $26.69.
View the best growth stocks for 2023 here
.

Are investors shorting Ally Financial?

Ally Financial saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 10,720,000 shares, an increase of 13.4% from the August 31st total of 9,450,000 shares. Based on an average daily volume of 4,420,000 shares, the short-interest ratio is currently 2.4 days. Currently, 3.6% of the shares of the company are sold short.
View Ally Financial's Short Interest
.

When is Ally Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our ALLY earnings forecast
.

How can I listen to Ally Financial's earnings call?

Ally Financial will be holding an earnings conference call on Wednesday, October 18th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ally Financial's earnings last quarter?

Ally Financial Inc. (NYSE:ALLY) released its earnings results on Wednesday, July, 19th. The financial services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. The financial services provider had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.09 billion. Ally Financial had a net margin of 14.59% and a trailing twelve-month return on equity of 12.34%. The company's revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.76 earnings per share.

How often does Ally Financial pay dividends? What is the dividend yield for Ally Financial?

Ally Financial declared a quarterly dividend on Monday, July 17th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.30 per share on Tuesday, August 15th. This represents a $1.20 annualized dividend and a yield of 4.50%. The ex-dividend date is Monday, July 31st.
Read our dividend analysis for ALLY
.

Is Ally Financial a good dividend stock?

Ally Financial (NYSE:ALLY) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.57%. ALLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLY will have a dividend payout ratio of 27.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLY.

What is Jeffrey Brown's approval rating as Ally Financial's CEO?

306 employees have rated Ally Financial Chief Executive Officer Jeffrey Brown on Glassdoor.com. Jeffrey Brown has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Ally Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Bank of America (BAC), Alibaba Group (BABA), Delta Air Lines (DAL), CVS Health (CVS), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Walt Disney (DIS) and Exxon Mobil (XOM).

What is Ally Financial's stock symbol?

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

How do I buy shares of Ally Financial?

Shares of ALLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ally Financial's stock price today?

One share of ALLY stock can currently be purchased for approximately $26.69.

How much money does Ally Financial make?

Ally Financial (NYSE:ALLY) has a market capitalization of $8.05 billion and generates $9.25 billion in revenue each year. The financial services provider earns $1.71 billion in net income (profit) each year or $3.66 on an earnings per share basis.

How many employees does Ally Financial have?

The company employs 11,600 workers across the globe.

How can I contact Ally Financial?

Ally Financial's mailing address is 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226. The official website for the company is www.ally.com. The financial services provider can be reached via phone at (866) 710-4623 or via email at investor.relations@ally.com.

This page (NYSE:ALLY) was last updated on 9/30/2023 by MarketBeat.com Staff

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