NYSE:ALLY - Ally Financial Stock Price, Forecast & 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 (WHO). Since then, ALLY stock has decreased by 23.9% and is now trading at $15.77. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 4 hold ratings and 7 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 Thursday, April 16th 2020. View our earnings forecast for Ally Financial.

Ally Financial Inc (NYSE:ALLY) announced its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $0.95 EPS for the quarter, hitting the Zacks' consensus estimate of $0.95. The financial services provider had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. Ally Financial had a net margin of 26.82% and a return on equity of 10.35%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $0.92 EPS. View Ally Financial's earnings history.

Ally Financial announced a quarterly dividend on Wednesday, January 15th. Investors of record on Friday, January 31st will be paid a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Ally Financial's previous quarterly dividend of $0.17. View Ally Financial's dividend history.

Ally Financial announced that its board has authorized a stock repurchase plan on Monday, April 1st 2019, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

11 brokerages have issued 12 month price targets for Ally Financial's shares. Their forecasts range from $32.00 to $44.00. On average, they expect Ally Financial's stock price to reach $36.83 in the next year. This suggests a possible upside of 133.6% from the stock's current price. View analysts' price targets for Ally Financial.

Media headlines about ALLY stock have been trending extremely negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. 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 media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAlly Financial.

Ally Financial saw a drop in short interest in March. As of March 13th, there was short interest totaling 10,949,600 shares, a drop of 9.5% from the February 27th total of 12,100,000 shares. Based on an average daily trading volume, of 4,250,000 shares, the short-interest ratio is presently 2.6 days. Approximately 3.0% of the company's shares are short sold. View Ally Financial's Current Options Chain.

Some companies that are related to Ally Financial include State Street (STT), Northern Trust (NTRS), M&T Bank (MTB), Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), First Financial Bankshares (FFIN), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL) and Glacier Bancorp (GBCI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Ford Motor (F), Bank of America (BAC), Micron Technology (MU), Gilead Sciences (GILD), Acreage (ACRGF), CVS Health (CVS) and General Motors (GM).

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 institutional and retail investors. Top institutional investors include State Street Corp (3.00%), FMR LLC (1.56%), AJO LP (1.54%), LSV Asset Management (1.44%), Man Group plc (1.39%) and Lakewood Capital Management LP (1.35%). 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 Renaissance Technologies LLC, Lord Abbett & CO. LLC, Personal Capital Advisors Corp, PGGM Investments, Victory Capital Management Inc., Schonfeld Strategic Advisors LLC, Lakewood Capital Management LP, and FIL Ltd. Company insiders that have sold Ally Financial company stock in the last year include David J Debrunner, and Diane E Morais. View insider buying and selling activity for Ally Financial.

ALLY stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Point72 Asset Management L.P., AQR Capital Management LLC, Scout Investments Inc., MUFG Securities EMEA plc, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, and Magnolia Group LLC. 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 $15.77.

Ally Financial has a market capitalization of $5.90 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. View additional information about Ally Financial.

The official website for Ally Financial is http://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]