Ally Financial Stock Forecast, Price & 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 (WHO). Since then, ALLY stock has increased by 28.8% and is now trading at $26.68.
View which stocks have been most impacted by COVID-19.

18 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 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ally Financial.

Ally Financial is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Ally Financial.

Ally Financial Inc. (NYSE:ALLY) issued its quarterly earnings results on Friday, October, 16th. The financial services provider reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.53. The financial services provider earned $1.68 billion during the quarter, compared to analysts' expectations of $1.57 billion. Ally Financial had a net margin of 12.22% and a return on equity of 6.46%. The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 EPS.
View Ally Financial's earnings history.

Ally Financial declared a quarterly dividend on Thursday, October 8th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.19 per share on Friday, November 13th. This represents a $0.76 annualized dividend and a yield of 2.85%. The ex-dividend date is Thursday, October 29th.
View Ally Financial's dividend history.

Ally Financial announced that its Board of Directors has initiated a share buyback program on Monday, April 1st 2019, which allows the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 10.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

18 brokerages have issued twelve-month target prices for Ally Financial's shares. Their forecasts range from $12.00 to $38.00. On average, they anticipate Ally Financial's share price to reach $28.27 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts' price targets for Ally Financial.

Ally Financial saw a decline in short interest in the month of October. As of October 15th, there was short interest totaling 9,230,000 shares, a decline of 17.9% from the September 30th total of 11,240,000 shares. Based on an average daily volume of 4,690,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.5% of the company's shares are sold short.
View Ally Financial's Short Interest.

Some companies that are related to Ally Financial include Itau Unibanco (ITUB), Banco Bradesco (BBD), The Bank of New York Mellon (BK), Banco Bradesco (BBDO), State Street (STT), Deutsche Bank Aktiengesellschaft (DB), Fifth Third Bancorp (FITB), Northern Trust (NTRS), SVB Financial Group (SIVB), M&T Bank (MTB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Prosperity Bancshares (PB) and First Citizens BancShares (FCNCA).
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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), The 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 institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.39%), LSV Asset Management (1.28%), Scout Investments Inc. (0.55%), Assenagon Asset Management S.A. (0.35%), Columbus Circle Investors (0.24%) and Robeco Institutional Asset Management B.V. (0.15%). 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 Wedge Capital Management L L P NC, State of Michigan Retirement System, KBC Group NV, LSV Asset Management, Robeco Institutional Asset Management B.V., Comerica Bank, Envestnet Asset Management Inc., and BNP Paribas Arbitrage SA. Company insiders that have sold Ally Financial company stock in the last year include David J Debrunner, and Jeffrey Jonathan Brown.
View insider buying and selling activity for Ally Financial.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Artemis Investment Management LLP, Columbus Circle Investors, DekaBank Deutsche Girozentrale, American Assets Investment Management LLC, Foundry Partners LLC, Alaska Permanent Fund Corp, and Dupont Capital Management Corp. 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 $26.68.

Ally Financial has a market capitalization of $9.97 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]