Ally Financial Stock Forecast, Price & News

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALLY stock has increased by 96.0% and is now trading at $40.61.
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19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 1 sell rating, 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ally Financial stock.
View analyst ratings for Ally Financial or view MarketBeat's top 5 stock picks.

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285 employees have rated Ally Financial CEO Jeffrey Brown on Glassdoor.com. Jeffrey Brown has an approval rating of 86% among Ally Financial's employees.

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) issued its quarterly earnings results on Friday, January, 22nd. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.55. 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 announced a quarterly dividend on Wednesday, January 13th. Shareholders of record on Monday, February 1st will be given a dividend of $0.19 per share on Friday, February 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.87%. 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 1.87%. 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 declared that its Board of Directors has approved a share repurchase program on Monday, April 1st 2019, which authorizes the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

19 brokerages have issued 12-month price objectives for Ally Financial's shares. Their forecasts range from $12.00 to $48.00. On average, they expect Ally Financial's share price to reach $35.37 in the next twelve months. This suggests that the stock has a possible downside of 12.9%.
View analysts' price targets for Ally Financial or view Wall Street analyst' top-rated stocks.

Ally Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,610,000 shares, an increase of 27.5% from the December 15th total of 7,540,000 shares. Based on an average daily volume of 5,080,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.6% of the shares of the stock are short sold.
View Ally Financial's Short Interest.

Some companies that are related to Ally Financial include Itaú Unibanco (ITUB), Banco Bradesco (BBD), The Bank of New York Mellon (BK), 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), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH) and Western Alliance Bancorporation (WAL).
View all of ALLY's competitors.

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 variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (1.15%), Scout Investments Inc. (0.59%), Columbus Circle Investors (0.13%), Atalanta Sosnoff Capital LLC (0.08%), Candriam Luxembourg S.C.A. (0.05%) and DNB Asset Management AS (0.02%). 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, Columbus Circle Investors, Busey Wealth Management, Denali Advisors LLC, Sowell Financial Services LLC, DNB Asset Management AS, Carroll Financial Associates Inc., and First Hawaiian Bank. 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 acquired by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Candriam Luxembourg S.C.A., Scout Investments Inc., Park Avenue Securities LLC, Kestra Advisory Services LLC, International Assets Investment Management LLC, Raymond James Trust N.A., and Diversified Trust Co. 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 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.

One share of ALLY stock can currently be purchased for approximately $40.61.

Ally Financial has a market capitalization of $15.18 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]om.