Ally Financial Inc. is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities. The Insurance operations segment offers both consumer finance protection and insurance products sold through the automotive dealer channel, and commercial insurance products sold directly to dealers. The Mortgage Finance operations segment consists of the management of a held-for-investment consumer mortgage finance loan portfolio. The Corporate Finance operations segment provides senior secured leveraged cash flow and asset-based loans to mostly the United States-based middle market companies.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Consumer Leasing
- Sub-Industry: N/A
- Symbol: NYSE:ALLY
- CUSIP: N/A
- Web: www.ally.com
- Market Cap: $11.19 billion
- Outstanding Shares: 479,800,000
- 50 Day Moving Avg: $22.50
- 200 Day Moving Avg: $20.84
- 52 Week Range: $16.68 - $23.62
Sales & Book Value:
- Trailing P/E Ratio: 11.89
- Foreward P/E Ratio: 8.80
- P/E Growth: 2.03
- Annual Revenue: $5.95 billion
- Price / Sales: 1.88
- Book Value: $29.79 per share
- Price / Book: 0.78
- Annual Dividend: $0.48
- Dividend Yield: 2.1%
- Net Margins: 13.83%
- Return on Equity: 7.55%
- Return on Assets: 0.63%
- Debt-to-Equity Ratio: 3.65%
- Current Ratio: 1.27%
- Quick Ratio: 1.27%
- Average Volume: 3.41 million shs.
- Beta: 1.42
- Short Ratio: 4.51
Frequently Asked Questions for Ally Financial (NYSE:ALLY)
What is Ally Financial's stock symbol?
Ally Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLY."
How often does Ally Financial pay dividends? What is the dividend yield for Ally Financial?
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.
How will Ally Financial's stock buyback program work?
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.
How were Ally Financial's earnings last quarter?
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.
When will Ally Financial make its next earnings announcement?
Where is Ally Financial's stock going? Where will Ally Financial's stock price be in 2017?
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.
What are analysts saying about Ally Financial stock?
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)
Who are some of Ally Financial's key competitors?
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).
Who are Ally Financial's key executives?
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
Who owns Ally Financial stock?
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.
Who sold Ally Financial stock? Who is selling Ally Financial stock?
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.
Who bought Ally Financial stock? Who is buying Ally Financial stock?
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.
How do I buy Ally Financial stock?
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.
What is Ally Financial's stock price today?
MarketBeat Community Rating for Ally Financial (NYSE ALLY)MarketBeat's community ratings are surveys of what our community members think about Ally Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ally Financial stock can currently be purchased for approximately $23.32.
Consensus Ratings for Ally Financial (NYSE:ALLY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 12 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.69)|
|Consensus Price Target: ||$25.58 (9.71% upside)|
Analysts' Ratings History for Ally Financial (NYSE:ALLY)
(Data available from 9/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/1/2017||Piper Jaffray Companies||Reiterated Rating||Buy||Low|
|8/25/2017||BMO Capital Markets||Reiterated Rating||Buy||$26.00||Low|
|8/23/2017||Jefferies Group LLC||Reiterated Rating||Buy||$28.00||Low|
|7/30/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||$30.00 -> $31.00||Low|
|7/17/2017||Stephens||Downgrade||Equal Weight -> Underweight||$23.00 -> $20.00||Medium|
|7/4/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$24.00||Low|
|4/22/2017||BTIG Research||Reiterated Rating||Buy||$30.00||Medium|
|3/27/2017||Janney Montgomery Scott||Initiated Coverage||Neutral||$23.00||Medium|
|3/22/2017||Credit Suisse Group||Lower Price Target||Outperform||$27.00 -> $26.00||Low|
|2/28/2017||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|1/23/2017||Susquehanna Bancshares Inc||Initiated Coverage||Positive||$28.00||N/A|
|1/8/2017||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|1/3/2017||Barclays PLC||Reiterated Rating||Overweight||$23.00 -> $24.00||N/A|
|12/20/2016||Morgan Stanley||Initiated Coverage||Equal -> Equal Weight||N/A|
|10/27/2016||Citigroup Inc.||Reiterated Rating||Buy||$22.00||N/A|
|6/30/2016||J P Morgan Chase & Co||Reiterated Rating||Buy||N/A|
|4/27/2016||Drexel Hamilton||Reiterated Rating||Buy||N/A|
|4/27/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|4/8/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||N/A|
|2/3/2016||Compass Point||Reiterated Rating||Buy||$26.00 -> $22.00||N/A|
|1/13/2016||Goldman Sachs Group, Inc. (The)||Lower Price Target||$27.00 -> $26.00||N/A|
Earnings History for Ally Financial (NYSE:ALLY)Earnings History by Quarter for Ally Financial (NYSE ALLY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.53||$0.58||$1.42 billion||$1.46 billion||View||N/A|
|4/27/2017||Q1 2017||$0.49||$0.48||$1.39 billion||$1.38 billion||View||N/A|
|1/31/2017||Q416||$0.47||$0.54||$1.36 billion||$1.38 billion||View||Listen|
|10/26/2016||Q316||$0.59||$0.56||$1.37 billion||$1.38 billion||View||Listen|
|7/26/2016||Q216||$0.51||$0.54||$1.33 billion||$1.36 billion||View||Listen|
|4/26/2016||Q116||$0.55||$0.52||$1.34 billion||$964.00 million||View||Listen|
|2/2/2016||Q415||$0.51||$0.52||$1.33 billion||$1.34 billion||View||Listen|
|10/29/2015||Q315||$0.51||$0.51||$1.32 billion||$1.31 billion||View||Listen|
|7/28/2015||Q215||$0.44||$0.46||$1.27 billion||$1.13 billion||View||Listen|
|4/28/2015||Q115||$0.42||$0.52||$1.17 billion||$1.09 billion||View||Listen|
|1/29/2015||Q414||$0.39||$0.40||$1.25 billion||$1.01 billion||View||Listen|
|10/29/2014||Q314||$0.42||$0.53||$1.24 billion||$1.26 billion||View||Listen|
|7/29/2014||Q214||$0.32||$0.42||$1.22 billion||$1.74 billion||View||Listen|
|5/1/2014||Q1||$0.42||$0.33||$2.22 billion||$1.14 billion||View||Listen|
Earnings Estimates for Ally Financial (NYSE:ALLY)
Current Year EPS Consensus Estimate: $2.27 EPS
Next Year EPS Consensus Estimate: $2.65 EPS
Current Dividend Information for Ally Financial (NYSE:ALLY)
|Most Recent Dividend:||8/15/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||24.49% (Trailing 12 Months of Earnings) |
21.15% (Based on This Year's Estimates)
18.11% (Based on Next Year's Estimates)
Dividend History by Quarter for Ally Financial (NYSE ALLY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ally Financial (NYSE:ALLY)
Insider Ownership Percentage: 0.15%Insider Trades by Quarter for Ally Financial (NYSE:ALLY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/4/2016||Christopher A Halmy||CFO||Buy||6,000||$16.90||$101,400.00|| |
|5/4/2016||Jeffrey Jonathan Brown||CEO||Buy||12,000||$16.81||$201,720.00|| |
|5/4/2016||Marjorie Magner||Director||Buy||1,000||$16.72||$16,720.00|| |
|2/25/2016||Mayree C Clark||Director||Buy||4,500||$17.11||$76,995.00|| |
|5/8/2015||David J Debrunner||CAO||Sell||12,500||$22.64||$283,000.00|| |
|5/4/2015||Mayree C Clark||Director||Buy||5,500||$22.11||$121,605.00|| |
|4/15/2014||Brian M Gunn||Insider||Buy||1,000||$25.00||$25,000.00|| |
|4/15/2014||Franklin W Iv Hobbs||Director||Buy||5,000||$25.00||$125,000.00|| |
Headline Trends for Ally Financial (NYSE:ALLY)
Latest Headlines for Ally Financial (NYSE:ALLY)
|Ally Financial Inc. (ALLY) Upgraded to "Strong-Buy" by ValuEngine|
www.americanbankingnews.com - September 22 at 11:34 PM
|Ally & Crescent Communities Announce New Office Tower in Charlotte|
finance.yahoo.com - September 20 at 3:38 PM
|Ally Financial to anchor long-awaited Crescent Communities uptown project|
finance.yahoo.com - September 20 at 3:37 PM
|Starting a Business? Here's Why You Need a Financial Plan|
www.msn.com - September 19 at 3:45 PM
|Critical Review: Encore Capital Group (ECPG) vs. Ally Financial (ALLY)|
www.americanbankingnews.com - September 19 at 10:53 AM
|Chinese Deals Need More Western Scrutiny|
www.bloomberg.com - September 18 at 9:14 PM
|Ally Financial Shows Rising Relative Price Performance; Still Shy Of Key Benchmark|
finance.yahoo.com - September 18 at 4:11 PM
|$1.46 Billion in Sales Expected for Ally Financial Inc. (ALLY) This Quarter|
www.americanbankingnews.com - September 18 at 1:18 PM
|Ally Financial (ALLY) vs. Credit Acceptance Corporation (CACC) Critical Analysis|
www.americanbankingnews.com - September 17 at 10:46 AM
|As Financial Processes Go Digital, Detroit Looks To Siphon Talent From New York, Chicago - Benzinga|
www.benzinga.com - September 16 at 3:33 PM
| Analysts Anticipate Ally Financial Inc. (ALLY) to Post $0.57 Earnings Per Share|
www.americanbankingnews.com - September 16 at 4:22 AM
|The Best, and Worst, Junk Bond Funds (Paying Up to 10.2%)|
www.nasdaq.com - September 16 at 2:08 AM
|Comparing Ally Financial (ALLY) & Encore Capital Group (ECPG)|
www.americanbankingnews.com - September 14 at 10:40 PM
|Head to Head Comparison: Credit Acceptance Corporation (CACC) versus Ally Financial (ALLY)|
www.americanbankingnews.com - September 14 at 2:28 PM
|Largest U.S. university endowment funds pull back on ETF exposure|
www.reuters.com - September 13 at 4:52 PM
|A Fundamental Analysis of Ally Financial - Seeking Alpha|
seekingalpha.com - September 11 at 9:37 PM
|Comparing Credit Acceptance Corporation (CACC) and Ally Financial (ALLY)|
www.americanbankingnews.com - September 11 at 4:22 AM
|Financial Analysis: Ally Financial (ALLY) vs. Orix Corp Ads (IX)|
www.americanbankingnews.com - September 9 at 4:06 AM
|Head to Head Analysis: Encore Capital Group (ECPG) and Ally Financial (ALLY)|
www.americanbankingnews.com - September 8 at 12:30 PM
|Morgan Stanley trims estimates for Harvey-affected lenders - Seeking Alpha|
seekingalpha.com - September 6 at 8:44 PM
|Mortgage Investment Stocks on Investors' Radar -- Ally Financial, Ocwen Financial, Santander Consumer, and Walter ... - PR Newswire (press release)|
www.prnewswire.com - September 6 at 3:41 PM
|Carvana opens in 37th market in this West Coast state|
finance.yahoo.com - September 6 at 3:41 PM
|Ally Financial Inc. (ALLY) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - September 6 at 1:02 PM
|Ally Financial Inc. (ALLY) Earns Buy Rating from Piper Jaffray Companies|
www.americanbankingnews.com - September 4 at 9:26 PM
| Brokerages Expect Ally Financial Inc. (ALLY) Will Post Quarterly Sales of $1.46 Billion|
www.americanbankingnews.com - August 30 at 5:16 AM
|Orix Corp Ads (IX) and Ally Financial (ALLY) Financial Contrast|
www.americanbankingnews.com - August 30 at 4:08 AM
|Contrasting Ally Financial (ALLY) & Credit Acceptance Corp. (CACC)|
www.americanbankingnews.com - August 30 at 2:16 AM
|Ally and Classroom Central Deliver Supplies to More Than 1,000 Students in Charlotte|
finance.yahoo.com - August 29 at 4:05 PM
|Ally Financial shares slip on concerns about its car loan exposure in hurricane Harvey-battered Texas - MarketWatch|
www.marketwatch.com - August 28 at 3:52 PM
|Ally Financial shares slip on concerns about its car loan exposure in hurricane Harvey-battered Texas|
finance.yahoo.com - August 28 at 3:52 PM
|Contrasting Ally Financial (ALLY) & Orix Corp Ads (IX)|
www.americanbankingnews.com - August 27 at 4:24 AM
|Ally Financial Inc. (ALLY) Earns "Buy" Rating from BMO Capital Markets|
www.americanbankingnews.com - August 25 at 11:42 AM
|Wells Fargo Cedes U.S. Auto-Lending Crown to Ally Amid Car Glut ... - Bloomberg|
www.bloomberg.com - August 24 at 1:53 AM
|Ally Announces Normalization of Regulatory Capital Requirements at Ally Bank - PR Newswire (press release)|
www.prnewswire.com - August 23 at 3:46 PM
|What Ally exec Rich Hagen noticed during the solar eclipse|
finance.yahoo.com - August 23 at 3:46 PM
|Ally Financial: An Interesting Opportunity?|
finance.yahoo.com - August 23 at 3:46 PM
|Ally Financial's (ALLY) "Buy" Rating Reaffirmed at Jefferies Group LLC|
www.americanbankingnews.com - August 23 at 2:22 PM
|Ally (ALLY) Reports Normalization of Regulatory Capital Requirements at Ally Bank|
www.streetinsider.com - August 23 at 2:53 AM
|BRIEF-Ally announces normalization of regulatory capital requirements at Ally Bank|
www.reuters.com - August 23 at 2:53 AM
|Used car value depreciation rises again - Seeking Alpha|
seekingalpha.com - August 22 at 9:35 PM
|BRIEF-Ally announces normalization of regulatory capital requirements at Ally Bank - Reuters|
www.reuters.com - August 22 at 9:35 PM
|Ally Announces Normalization of Regulatory Capital Requirements at Ally Bank|
finance.yahoo.com - August 22 at 4:31 PM
|AM Best Affirms Credit Ratings of Members of Ally Insurance Group - Business Wire (press release)|
www.businesswire.com - August 16 at 3:43 PM
|Ally Financial to Present at Barclays Global Financial Services Conference|
finance.yahoo.com - August 15 at 4:47 PM
|ETFs with exposure to Ally Financial, Inc. : August 15, 2017|
finance.yahoo.com - August 15 at 4:47 PM
|Longtime Detroit Lions Kicker Jason Hanson teamed with Ally to surprise kids ...|
www.prnewswire.com - August 12 at 8:39 PM
|Longtime Detroit Lions Kicker Jason Hanson teamed with Ally to surprise kids with school supplies|
finance.yahoo.com - August 12 at 3:33 PM
|Ally Financial Inc. (NYSE:ALLY) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - August 12 at 12:28 PM
|Here's how long it takes to get money out of online savings accounts|
finance.yahoo.com - August 11 at 4:11 PM
|Earnings Review and Free Research Report: Ally Financial’s Q2 Diluted EPS Beat Estimates|
finance.yahoo.com - August 11 at 4:11 PM
Ally Financial (ALLY) Chart for Saturday, September, 23, 2017