Ally Financial Inc. provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada. The company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment provides automotive financing services to consumers and automotive dealers. Its automotive finance services include providing retail installment sales contracts, loans and leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to companies, and fleet financing. This segment also offers financing services to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio that includes bulk purchases of high-quality jumbo and LMI mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies. Its primary focus is on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company, through its subsidiary, Ally Bank, also offers commercial banking products and services. In addition, it provides digital wealth management and online brokerage platform services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:ALLY
Previous Symbol
CUSIPN/A
Phone866-710-4623
Debt
Debt-to-Equity Ratio3.48
Current Ratio1.18
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio9.59
Forward P/E Ratio7.08
P/E Growth0.56
Sales & Book Value
Annual Sales$9.87 billion
Price / Sales0.96
Cash Flow$6.6464 per share
Price / Cash Flow3.45
Book Value$30.52 per share
Price / Book0.75
Profitability
EPS (Most Recent Fiscal Year)$2.39
Net Income$929 million
Net Margins16.87%
Return on Equity10.25%
Return on Assets0.79%
Miscellaneous
Employees7,900
Outstanding Shares413,080,000
Market Cap$9.50 billion
OptionableOptionable
Ally Financial (NYSE:ALLY) Frequently Asked Questions
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 declared a quarterly dividend on Wednesday, October 10th. Shareholders of record on Thursday, November 1st will be paid a dividend of $0.15 per share on Thursday, November 15th. This represents a $0.60 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Wednesday, 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 initiated a share buyback program on Thursday, June 29th 2017, which allows the company to repurchase $760,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Ally Financial's earnings last quarter?
Ally Financial Inc (NYSE:ALLY) posted its quarterly earnings data on Thursday, October, 25th. The financial services provider reported $0.91 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.11. The financial services provider had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. Ally Financial had a return on equity of 10.25% and a net margin of 16.87%. View Ally Financial's Earnings History.
When is Ally Financial's next earnings date?
What price target have analysts set for ALLY?
17 analysts have issued 12 month price targets for Ally Financial's shares. Their predictions range from $27.00 to $36.00. On average, they anticipate Ally Financial's share price to reach $32.8750 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View Analyst Price Targets for Ally Financial.
What is the consensus analysts' recommendation for Ally Financial?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ally Financial.
Has Ally Financial been receiving favorable news coverage?
Media stories about ALLY stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ally Financial earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Who are some of Ally Financial's key competitors?
Some companies that are related to Ally Financial include CHINA MERCHANTS/ADR (CIHKY), Synchrony Financial (SYF), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), Green Dot (GDOT), Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), Blucora (BCOR), Mr. Cooper Group (COOP), X Financial (XYF), Yirendai (YRD), Weidai (WEI), Wins Finance (WINS) and On Deck Capital (ONDK).
Who are Ally Financial's key executives?
Ally Financial's management team includes the folowing people:
- Mr. Jeffrey J. Brown, CEO & Director (Age 45)
- Mr. Scott A. Stengel, Gen. Counsel (Age 46)
- Ms. Diane E. Morais, Pres of Consumer & Commercial Banking Products (Age 52)
- Ms. Jennifer A. LaClair, Chief Financial Officer (Age 46)
- Mr. David J. DeBrunner, Controller & Chief Accounting Officer (Age 52)
Who are Ally Financial's major shareholders?
Ally Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (9.25%), BlackRock Inc. (6.63%), Franklin Resources Inc. (4.05%), JPMorgan Chase & Co. (3.07%), Wedge Capital Management L L P NC (1.87%) and First Pacific Advisors LP (1.85%). View Institutional Ownership Trends for Ally Financial.
Which major investors are selling Ally Financial stock?
ALLY stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Bank of New York Mellon Corp, First Pacific Advisors LP, Allianz Asset Management GmbH, JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, Unigestion Holding SA and FMR LLC. View Insider Buying and Selling for Ally Financial.
Which major investors are buying Ally Financial stock?
ALLY stock was purchased by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Glenmede Trust Co. NA, Canyon Capital Advisors LLC, Man Group plc, BlackRock Inc., Prudential Financial Inc., Renaissance Technologies LLC and PGGM Investments. View Insider Buying and Selling for Ally Financial.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Ally Financial's stock price today?
One share of ALLY stock can currently be purchased for approximately $22.93.
How big of a company is Ally Financial?
Ally Financial has a market capitalization of $9.50 billion and generates $9.87 billion in revenue each year. The financial services provider earns $929 million in net income (profit) each year or $2.39 on an earnings per share basis. Ally Financial employs 7,900 workers across the globe.
What is Ally Financial's official website?
How can I contact Ally Financial?
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]
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 ALLY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALLY will underperform the S&P 500 over the long term. You may vote once every thirty days.
