Ally Financial Stock Price, Forecast & Analysis (NYSE:ALLY)

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

Ally Financial announced a quarterly dividend on Tuesday, October 8th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.17 per share on Friday, November 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Thursday, October 31st. View Ally Financial's Dividend History.

Ally Financial announced that its board has approved a share buyback program on Monday, April 1st 2019, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 10.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Ally Financial Inc (NYSE:ALLY) announced its earnings results on Wednesday, October, 16th. The financial services provider reported $1.01 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.98 by $0.03. The financial services provider had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.57 billion. Ally Financial had a net margin of 26.29% and a return on equity of 10.69%. Ally Financial's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.91 EPS. View Ally Financial's Earnings History.

Ally Financial is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Ally Financial.

11 Wall Street analysts have issued 12 month price objectives for Ally Financial's stock. Their forecasts range from $32.00 to $44.00. On average, they expect Ally Financial's share price to reach $36.91 in the next year. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Ally Financial.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ally Financial.

Media stories about ALLY stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ally Financial earned a daily sentiment score of 2.2 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Ally Financial.

Ally Financial saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 10,110,000 shares, a decrease of 5.5% from the September 30th total of 10,700,000 shares. Based on an average daily trading volume, of 3,910,000 shares, the short-interest ratio is presently 2.6 days. Currently, 2.6% of the shares of the stock are sold short. View Ally Financial's Current Options Chain.

Some companies that are related to Ally Financial include Synchrony Financial (SYF), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), Green Dot (GDOT), 360 Finance (QFIN), Mr. Cooper Group (COOP), Blucora (BCOR), Curo Group (CURO), America First Multifamily Investors (ATAX), Oportun Financial (OPRT), Weidai (WEI) and Jiayin Group (JFIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Acreage (ACRGF), Ford Motor (F), Alibaba Group (BABA), Bank of America (BAC), CVS Health (CVS), Energy Transfer LP Unit (ET), American Airlines Group (AAL), Gilead Sciences (GILD) and Exxon Mobil (XOM).

Ally Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.25%), Robeco Institutional Asset Management B.V. (0.75%), Russell Investments Group Ltd. (0.56%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Poplar Forest Capital LLC (0.40%) and California Public Employees Retirement System (0.27%). Company insiders that own Ally Financial stock include David J Debrunner, Diane E Morais, Jeffrey Jonathan Brown, Mayree C Clark and Michael F Steib. View Institutional Ownership Trends for Ally Financial.

ALLY stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Poplar Forest Capital LLC, SG Americas Securities LLC, Oppenheimer Asset Management Inc., Teacher Retirement System of Texas, Comerica Bank, Zurcher Kantonalbank Zurich Cantonalbank and Meeder Asset Management Inc.. Company insiders that have sold Ally Financial company stock in the last year include David J Debrunner, Diane E Morais and Jeffrey Jonathan Brown. View Insider Buying and Selling for Ally Financial.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Carillon Tower Advisers Inc., Robeco Institutional Asset Management B.V., Envestnet Asset Management Inc., Foundry Partners LLC, State of New Jersey Common Pension Fund D, Gyroscope Capital Management Group LLC and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Ally Financial stock in the last two years include Mayree C Clark and Michael F Steib. View Insider Buying and Selling for Ally Financial.

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

One share of ALLY stock can currently be purchased for approximately $30.68.

Ally Financial has a market capitalization of $11.66 billion and generates $5.80 billion in revenue each year. The financial services provider earns $1.26 billion in net income (profit) each year or $3.34 on an earnings per share basis. Ally Financial employs 8,200 workers across the globe.View Additional Information About Ally Financial.

The official website for Ally Financial is http://www.ally.com/.

Ally Financial's mailing address is 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226. The financial services provider can be reached via phone at 866-710-4623 or via email at [email protected]