Ally Financial - ALLY Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 3 sell ratings, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 1-year price targets for Ally Financial's stock. Their ALLY share price forecasts range from $20.00 to $55.00. On average, they predict the company's stock price to reach $35.24 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
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Ally Financial's stock was trading at $24.45 at the beginning of 2023. Since then, ALLY shares have increased by 37.1% and is now trading at $33.52.
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Ally Financial saw a increase in short interest in December. As of December 30th, there was short interest totaling 16,280,000 shares, an increase of 28.0% from the December 15th total of 12,720,000 shares. Based on an average trading volume of 5,340,000 shares, the short-interest ratio is currently 3.0 days. Approximately 5.5% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our ALLY earnings forecast.

Ally Financial Inc. (NYSE:ALLY) released its quarterly earnings data on Wednesday, October, 20th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.27. The financial services provider earned $1.99 billion during the quarter, compared to the consensus estimate of $2.03 billion. Ally Financial had a trailing twelve-month return on equity of 17.56% and a net margin of 20.34%. The firm's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.25 EPS.

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 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend is Tuesday, January 31st.
Read our dividend analysis for ALLY.

Ally Financial (NYSE:ALLY) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.59%. 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 23.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLY.

Ally Financial issued an update on 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 a number of institutional and retail investors. Top institutional shareholders include Magnolia Group LLC (1.14%), Wedge Capital Management L L P NC (0.81%), Close Asset Management Ltd (0.62%), Private Management Group Inc. (0.49%), Robeco Institutional Asset Management B.V. (0.48%) and Nordea Investment Management AB (0.41%). Insiders that own company stock include David J Debrunner, Diane E Morais, Douglas R Timmerman, Douglas R Timmerman, Franklin W Iv Hobbs, 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 $33.52.

Ally Financial (NYSE:ALLY) has a market capitalization of $10.01 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 9,500 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.