About Ally Financial (NYSE:ALLY)
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: $11.81 billion
- Outstanding Shares: 479,800,000
- 50 Day Moving Avg: $23.57
- 200 Day Moving Avg: $21.35
- 52 Week Range: $16.68 - $24.94
Sales & Book Value:
- Trailing P/E Ratio: 12.55
- Foreward P/E Ratio: 9.33
- P/E Growth: 2.21
- Annual Revenue: $5.95 billion
- Price / Sales: 1.99
- Book Value: $29.79 per share
- Price / Book: 0.83
- Annual Dividend: $0.48
- Dividend Yield: 2.0%
- 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: 3.16 million shs.
- Beta: 1.44
- 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 Thursday, October 12th. Investors of record on Wednesday, November 1st will be given a dividend of $0.12 per share on Wednesday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Tuesday, October 31st. View Ally Financial's Dividend History.
How will Ally Financial's stock buyback program work?
Ally Financial announced that its Board of Directors has approved a stock repurchase program on Thursday, June 29th 2017, which permits the company to buyback $760,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 7.5% of its shares through open market purchases. Shares buyback programs are often 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) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.58 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.05. The business earned $1.46 billion during the quarter, compared to analyst estimates of $1.42 billion. Ally Financial had a net margin of 13.83% and a return on equity of 7.55%. During the same quarter last year, the business earned $0.54 earnings per share. 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 analysts have issued 12 month price objectives for Ally Financial's shares. Their predictions range from $20.00 to $31.00. On average, they expect Ally Financial's stock price to reach $26.42 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. According to Zacks Investment Research, "Ally Financial’s shares have outperformed the industry over the past six months. The performance was supported by the company’s decent earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. The company’s efforts to diversify its revenue sources by enhancing digital offerings and introducing new products will help bottom-line growth. Further, the company’s encouraging capital deployment activities reflect a strong balance sheet position. However, persistently increasing expenses and high debt levels are the near-term concerns for the company." (9/26/2017)
- 2. 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)
- 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 T. Rowe Price Group (TROW), The Blackstone Group L.P. (BX), Ventas (VTR), Willis Towers Watson Public Limited Company (WLTW), Northern Trust Corporation (NTRS), Orix Corp Ads (IX), Legal & General Group Plc (LGGNY), National Bank of Canada (NA), Fifth Third Bancorp (FITB), Shinhan Financial Group Co Ltd (SHG), Nomura Holdings Inc ADR (NMR), Deutsche Boerse AG (DBOEY), KB Financial Group (KB), Principal Financial Group (PFG), Hartford Financial Services Group, Inc. (The) (HIG), Digital Realty Trust (DLR), Citizens Financial Group (CFG) 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 a variety of of retail and institutional investors. Top institutional investors include State Treasurer State of Michigan (0.78%), Robeco Institutional Asset Management B.V. (0.20%), Nationwide Fund Advisors (0.18%), Financial Consulate Inc. (0.02%), Strs Ohio (0.01%) and APG Asset Management N.V. (0.01%). 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?
Who bought Ally Financial stock? Who is buying Ally Financial stock?
Ally Financial's stock was bought by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Robeco Institutional Asset Management B.V., APG Asset Management N.V., Shell Asset Management Co. and Financial Consulate Inc.. 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 $24.62.
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: ||$26.42 (7.30% upside)|Consensus Price Target History for Ally Financial (NYSE:ALLY)
Analysts' Ratings History for Ally Financial (NYSE:ALLY)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Citigroup Inc.||Initiated Coverage||Buy||$30.00||N/A|
|10/6/2017||BMO Capital Markets||Reiterated Rating||Buy||$26.00||N/A|
|10/4/2017||Credit Suisse Group||Reiterated Rating||Buy||$28.00||N/A|
|10/4/2017||Piper Jaffray Companies||Reiterated Rating||Buy||Low|
|9/29/2017||Jefferies Group LLC||Reiterated Rating||Buy||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|
|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|
|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: $2.25 EPS
Next Year EPS Consensus Estimate: $2.64 EPS
Current Dividend Information for Ally Financial (NYSE:ALLY)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||24.49% (Trailing 12 Months of Earnings) |
21.33% (Based on This Year's Estimates)
18.18% (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)
Institutional Ownership Percentage: 98.57%
(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)
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Ally Financial (ALLY) Chart for Monday, October, 23, 2017