Ally Financial Inc. provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada. The company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment provides automotive financing services to consumers and automotive dealers. Its automotive finance services include providing retail installment sales contracts, loans and leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to companies, and fleet financing. This segment also offers financing services to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio that includes bulk purchases of high-quality jumbo and LMI mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies. Its primary focus is on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company, through its subsidiary, Ally Bank, also offers commercial banking products and services. In addition, it provides digital wealth management and online brokerage platform services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Phone866-710-4623
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.80 billion
Profitability
Miscellaneous
Employees8,200
Next Earnings Date4/18/2019 (Confirmed)
OptionableOptionable
Ally Financial (NYSE:ALLY) Frequently Asked Questions
What is Ally Financial's stock symbol?
Ally Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLY."
How often does Ally Financial pay dividends? What is the dividend yield for Ally Financial?
Ally Financial announced a quarterly dividend on Wednesday, January 16th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.17 per share on Friday, February 15th. This represents a $0.68 annualized dividend and a yield of 2.61%. The ex-dividend date is Thursday, January 31st. This is an increase from Ally Financial's previous quarterly dividend of $0.15. View Ally Financial's Dividend History.
How will Ally Financial's stock buyback program work?
Ally Financial declared that its board has authorized a share repurchase program on Thursday, June 29th 2017, which authorizes the company to repurchase $760,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.
How were Ally Financial's earnings last quarter?
Ally Financial Inc (NYSE:ALLY) released its quarterly earnings data on Wednesday, January, 30th. The financial services provider reported $0.92 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.82 by $0.10. The financial services provider had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.53 billion. Ally Financial had a net margin of 21.76% and a return on equity of 10.84%. Ally Financial's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the firm earned $0.70 earnings per share. View Ally Financial's Earnings History.
When is Ally Financial's next earnings date?
How can I listen to Ally Financial's earnings call?
Ally Financial will be holding an earnings conference call on Thursday, April 18th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8445306677.
What price target have analysts set for ALLY?
13 equities research analysts have issued 1 year price targets for Ally Financial's shares. Their predictions range from $27.00 to $36.00. On average, they expect Ally Financial's share price to reach $32.3333 in the next year. This suggests a possible upside of 24.0% from the stock's current price. View Analyst Price Targets for Ally Financial.
What is the consensus analysts' recommendation for Ally Financial?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ally Financial.
Has Ally Financial been receiving favorable news coverage?
Press coverage about ALLY stock has been trending somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ally Financial earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days.
Who are some of Ally Financial's key competitors?
Some companies that are related to Ally Financial include Synchrony Financial (SYF), CHINA MERCHANTS/ADR (CIHKY), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), Green Dot (GDOT), 360 Finance (QFIN), LexinFintech (LX), Qudian (QD), Blucora (BCOR), Walker & Dunlop (WD), X Financial (XYF), Mr. Cooper Group (COOP), Weidai (WEI), Yirendai (YRD) and Wins Finance (WINS).
What other stocks do shareholders of Ally Financial own?
Who are Ally Financial's key executives?
Ally Financial's management team includes the folowing people:
- Mr. Jeffrey J. Brown, CEO & Director (Age 46)
- Mr. Scott A. Stengel, Gen. Counsel (Age 47)
- Ms. Diane E. Morais, Pres of Consumer & Commercial Banking Products (Age 53)
- Ms. Jennifer A. LaClair, Chief Financial Officer (Age 47)
- Mr. David J. DeBrunner, Controller & Chief Accounting Officer (Age 53)
Who are Ally Financial's major shareholders?
Ally Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Harris Associates L P (9.58%), BlackRock Inc. (6.71%), Oaktree Capital Management LP (2.84%), Lakewood Capital Management LP (2.63%), Wedge Capital Management L L P NC (1.74%) and Dimensional Fund Advisors LP (1.74%). Company insiders that own Ally Financial stock include David J Debrunner, Jeffrey Jonathan Brown and Michael F Steib. View Institutional Ownership Trends for Ally Financial.
Which institutional investors are selling Ally Financial stock?
ALLY stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., New Mountain Vantage Advisers L.L.C., Canada Pension Plan Investment Board, Wedge Capital Management L L P NC, Canyon Capital Advisors LLC, Unigestion Holding SA, Bank of New York Mellon Corp and Bank of America Corp DE. 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 for Ally Financial.
Which institutional investors are buying Ally Financial stock?
ALLY stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oaktree Capital Management LP, Magnolia Group LLC, Oregon Public Employees Retirement Fund, Lakewood Capital Management LP, Investec Asset Management LTD, PGGM Investments and Poplar Forest Capital LLC. View Insider Buying and Selling for Ally Financial.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Ally Financial's stock price today?
One share of ALLY stock can currently be purchased for approximately $26.07.
How big of a company is Ally Financial?
Ally Financial has a market capitalization of $10.50 billion and generates $5.80 billion in revenue each year. The financial services provider earns $1.26 billion in net income (profit) each year or $3.34 on an earnings per share basis. Ally Financial employs 8,200 workers across the globe.
What is Ally Financial's official website?
How can I contact Ally Financial?
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]
MarketBeat Community Rating for Ally Financial (NYSE ALLY)
MarketBeat's community ratings are surveys of what our community members think about Ally Financial and other stocks. Vote "Outperform" if you believe ALLY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALLY will underperform the S&P 500 over the long term. You may vote once every thirty days.
