Ally Financial Stock Forecast, Price & News

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ALLY shares have increased by 22.3% and is now trading at $25.35.
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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 Friday, October 16th 2020.
View our earnings forecast for Ally Financial.

Ally Financial will be holding an earnings conference call on Friday, October 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ally Financial Inc (NYSE:ALLY) announced its quarterly earnings data on Friday, July, 17th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.30. The financial services provider had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.47 billion. Ally Financial had a return on equity of 5.85% and a net margin of 10.87%. Ally Financial's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $0.97 EPS.
View Ally Financial's earnings history.

Ally Financial announced 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 dividend yield of 3.00%. The ex-dividend date is Thursday, July 30th.
View Ally Financial's dividend history.

Ally Financial declared that its Board of Directors has authorized a share buyback plan on Monday, April 1st 2019, which authorizes the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 10.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

18 Wall Street analysts have issued 1 year target prices for Ally Financial's stock. Their forecasts range from $12.00 to $31.00. On average, they expect Ally Financial's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Ally Financial.

Ally Financial saw a increase in short interest in August. As of August 31st, there was short interest totaling 12,600,000 shares, an increase of 14.1% from the August 15th total of 11,040,000 shares. Based on an average trading volume of 5,110,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.4% of the shares of the stock are sold short.
View Ally Financial's Short Interest.

Some companies that are related to Ally Financial include Bank of New York Mellon (BK), Banco Bradesco (BBD), BANCO BRADESCO/S (BBDO), State Street (STT), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), East West Bancorp (EWBC), Signature Bank (SBNY) and First Financial Bankshares (FFIN).
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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), Wells Fargo & Company (WFC), Southwest Airlines (LUV), Exxon Mobil (XOM) and Citigroup (C).

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

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 $25.35.

Ally Financial has a market capitalization of $9.48 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]