Ally Financial Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ally Financial stock.
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Ally Financial saw a increase in short interest during the month of January. As of January 29th, there was short interest totaling 8,790,000 shares, an increase of 21.7% from the January 14th total of 7,220,000 shares. Based on an average daily volume of 4,820,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.4% of the company's stock are short sold.
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Ally Financial is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021.
View our earnings forecast for Ally Financial.

Ally Financial Inc. (NYSE:ALLY) announced its earnings results on Thursday, January, 21st. The financial services provider reported $1.60 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.05 by $0.55. The financial services provider earned $1.98 billion during the quarter, compared to the consensus estimate of $1.65 billion. Ally Financial had a trailing twelve-month return on equity of 6.43% and a net margin of 12.22%.
View Ally Financial's earnings history.

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 shares have increased by 108.4% and is now trading at $43.19.
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Ally Financial declared a quarterly dividend on Wednesday, January 13th. Investors of record on Monday, February 1st will be paid a dividend of $0.19 per share on Friday, February 12th. This represents a $0.76 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Friday, January 29th.
View Ally Financial's dividend history.

Ally Financial pays an annual dividend of $0.76 per share and currently has a dividend yield of 1.75%. Ally Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Ally Financial is 20.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ally Financial will have a dividend payout ratio of 19.10% next year. This indicates that Ally Financial will be able to sustain or increase its dividend.
View Ally Financial's dividend history.

Ally Financial announced that its Board of Directors has approved a stock buyback plan on Monday, April 1st 2019, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

19 equities research analysts have issued 12-month price targets for Ally Financial's stock. Their forecasts range from $12.00 to $53.00. On average, they anticipate Ally Financial's share price to reach $37.42 in the next year. This suggests that the stock has a possible downside of 13.4%.
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306 employees have rated Ally Financial CEO Jeffrey Brown on Glassdoor.com. Jeffrey Brown has an approval rating of 89% among Ally Financial's employees.

Some companies that are related to Ally Financial include Itaú Unibanco (ITUB), The Bank of New York Mellon (BK), Banco Bradesco (BBD), Banco Bradesco (BBDO), State Street (STT), SVB Financial Group (SIVB), Deutsche Bank Aktiengesellschaft (DB), Fifth Third Bancorp (FITB), Northern Trust (NTRS), M&T Bank (MTB), Citizens Financial Group (CFG), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL) and Commerce Bancshares (CBSH).
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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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.18%), Oaktree Capital Management LP (3.75%), Morgan Stanley (2.72%), Dimensional Fund Advisors LP (2.11%), Sixth Street Partners Management Company L.P. (1.94%) and Price T Rowe Associates Inc. MD (1.72%). Company insiders that own Ally Financial stock include David J Debrunner, Diane E Morais, Franklin W Iv Hobbs, Jeffrey Jonathan Brown and Mayree C Clark.
View institutional ownership trends for Ally Financial.

ALLY stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, AJO LP, Assenagon Asset Management S.A., BlackRock Inc., Falcon Edge Capital LP, Wedge Capital Management L L P NC, Lakewood Capital Management LP, and Alyeska Investment Group L.P.. 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 or view top insider-selling stocks.

ALLY stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Morgan Stanley, Artemis Investment Management LLP, Lord Abbett & CO. LLC, MARSHALL WACE ASIA Ltd, Sixth Street Partners Management Company L.P., Jupiter Asset Management Ltd., and Lazard Asset Management LLC. Company insiders that have bought Ally Financial stock in the last two years include Franklin W Iv Hobbs, and Mayree C Clark.
View insider buying and selling activity for Ally Financial or or view top insider-buying stocks.

Shares of ALLY 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 $43.19.

Ally Financial has a market capitalization of $16.15 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 is headquartered at 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226.

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]