Ally Financial - ALLY Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLY, but not buy additional shares or sell existing shares.
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16 Wall Street analysts have issued twelve-month price targets for Ally Financial's shares. Their ALLY share price forecasts range from $20.00 to $55.00. On average, they expect the company's stock price to reach $35.24 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price.
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Ally Financial's stock was trading at $24.45 at the start of the year. Since then, ALLY stock has decreased by 3.9% and is now trading at $23.50.
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Ally Financial saw a decrease in short interest in February. As of February 15th, there was short interest totaling 15,240,000 shares, a decrease of 10.7% from the January 31st total of 17,070,000 shares. Based on an average trading volume of 5,860,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 5.1% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
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Ally Financial Inc. (NYSE:ALLY) released its quarterly earnings results on Friday, January, 20th. The financial services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.98 by $0.10. The financial services provider had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.04 billion. Ally Financial had a net margin of 20.34% and a trailing twelve-month return on equity of 17.98%.

Ally Financial announced a quarterly dividend on Wednesday, January 18th. Investors of record on Wednesday, February 1st will be given a dividend of $0.30 per share on Wednesday, February 15th. This represents a $1.20 annualized dividend and a yield of 5.11%. The ex-dividend date is Tuesday, January 31st.
Read our dividend analysis for ALLY.

ETFs with the largest weight of Ally Financial (NYSE:ALLY) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT), American Customer Satisfaction ETF (ACSI), Natixis U.S. Equity Opportunities ETF (EQOP), iShares Focused Value Factor ETF (FOVL), First Trust Financial AlphaDEX Fund (FXO), Alpha Intelligent - Large Cap Value ETF (AILV), Invesco KBW High Dividend Yield Financial ETF (KBWD) and InfraCap Equity Income Fund ETF (ICAP).

Ally Financial (NYSE:ALLY) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.38%. ALLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 24.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLY will have a dividend payout ratio of 24.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLY.

Ally Financial updated its FY 2024 earnings guidance on Friday, January, 20th. The company provided EPS guidance of $6.00-$6.00 for the period. The company issued revenue guidance of -.

306 employees have rated Ally Financial Chief Executive Officer Jeffrey Brown on Glassdoor.com. Jeffrey Brown has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Bank of America (BAC), Alibaba Group (BABA), Delta Air Lines (DAL), CVS Health (CVS), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Walt Disney (DIS) and Exxon Mobil (XOM).

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

Ally Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Berkshire Hathaway Inc (9.98%), Arrowstreet Capital Limited Partnership (2.36%), Dimensional Fund Advisors LP (2.28%), Millennium Management LLC (2.03%), Morgan Stanley (1.85%) and AQR Capital Management LLC (1.38%). Insiders that own company stock include David J Debrunner, Diane E Morais, Douglas R Timmerman, Douglas R Timmerman, Jason E Schugel, Jason E Schugel, Jeffrey Jonathan Brown, Jennifer A Laclair, Marjorie Magner, Mayree C Clark and Scott A Stengel.
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Shares of ALLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALLY stock can currently be purchased for approximately $23.50.

Ally Financial (NYSE:ALLY) has a market capitalization of $7.07 billion and generates $8.43 billion in revenue each year. The financial services provider earns $1.71 billion in net income (profit) each year or $4.97 on an earnings per share basis.

The company employs 11,600 workers across the globe.

Ally Financial's mailing address is 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226. The official website for the company is www.ally.com. The financial services provider can be reached via phone at (866) 710-4623 or via email at investor.relations@ally.com.