NYSE:ALLYAlly Financial Stock Price, Forecast & News

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ALLY stock has decreased by 0.8% and is now trading at $20.55.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ally Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Ally Financial.

Ally Financial Inc (NYSE:ALLY) posted its quarterly earnings results on Friday, July, 17th. The financial services provider reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.30. The financial services provider had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.47 billion. Ally Financial had a net margin of 10.87% and a return on equity of 5.82%. The company's revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.97 EPS.
View Ally Financial's earnings history.

Ally Financial declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, July 31st will be given a dividend of $0.19 per share on Friday, August 14th. This represents a $0.76 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Thursday, July 30th.
View Ally Financial's dividend history.

Ally Financial announced that its board has approved a share repurchase plan on Monday, April 1st 2019, which authorizes the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 10.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

19 equities research analysts have issued 12-month price targets for Ally Financial's shares. Their forecasts range from $12.00 to $41.00. On average, they anticipate Ally Financial's stock price to reach $27.16 in the next year. This suggests a possible upside of 32.1% from the stock's current price.
View analysts' price targets for Ally Financial.

Media coverage about ALLY stock has trended somewhat negative recently, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ally Financial earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about Ally Financial.

Ally Financial saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,210,000 shares, an increase of 14.3% from the June 30th total of 9,810,000 shares. Based on an average daily volume of 6,570,000 shares, the short-interest ratio is presently 1.7 days. Approximately 3.0% 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 State Street (STT), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), Western Alliance Bancorporation (WAL) and Glacier Bancorp (GBCI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Bank of America (BAC), Ford Motor (F), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), CVS Health (CVS), Walt Disney (DIS), Delta Air Lines (DAL) and General Motors (GM).

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

Ally Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Magnolia Group LLC (1.78%), Wedge Capital Management L L P NC (1.77%), Scout Investments Inc. (0.54%), Sumitomo Mitsui Trust Holdings Inc. (0.46%), First Trust Advisors LP (0.25%) and Robeco Institutional Asset Management B.V. (0.19%). Company insiders that own Ally Financial stock include David J Debrunner, Diane E Morais, Franklin W Iv Hobbs, 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 Robeco Institutional Asset Management B.V., Hancock Whitney Corp, Sumitomo Mitsui Trust Holdings Inc., Foundry Partners LLC, Zurcher Kantonalbank Zurich Cantonalbank, Strs Ohio, Raymond James & Associates, and Rothschild Investment Corp IL.
View insider buying and selling activity for Ally Financial.

ALLY stock was purchased by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Wedge Capital Management L L P NC, Columbus Circle Investors, Scout Investments Inc., First Trust Advisors LP, Assenagon Asset Management S.A., Nissay Asset Management Corp Japan ADV, and Comerica Bank. Company insiders that have bought Ally Financial stock in the last two years include Franklin W Iv Hobbs, Mayree C Clark, and Michael F Steib.
View insider buying and selling activity 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 $20.55.

Ally Financial has a market capitalization of $7.67 billion and generates $6.39 billion in revenue each year. The financial services provider earns $1.72 billion in net income (profit) each year or $3.72 on an earnings per share basis. Ally Financial employs 8,700 workers across the globe.

The official website for Ally Financial is 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]