NYSE:ALLYAlly Financial Stock Price, Forecast & 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. Since then, ALLY stock has decreased by 3.0% and is now trading at $20.10.
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19 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 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ally Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Ally Financial.

Ally Financial Inc (NYSE:ALLY) announced its earnings results 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 earned $1.61 billion during the quarter, compared to analysts' expectations of $1.47 billion. Ally Financial had a net margin of 10.87% and a return on equity of 5.82%. Ally Financial's revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.97 EPS.
View Ally Financial's earnings history.

Ally Financial announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.19 per share on Friday, August 14th. This represents a $0.76 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, July 30th.
View Ally Financial's dividend history.

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

19 analysts have issued twelve-month price objectives for Ally Financial's shares. Their forecasts range from $12.00 to $41.00. On average, they expect Ally Financial's stock price to reach $27.16 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price.
View analysts' price targets for Ally Financial.

News headlines about ALLY stock have been trending negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of 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 media sentiment score of -2.9 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Ally Financial.

Ally Financial saw a increase in short interest in July. As of July 15th, there was short interest totaling 11,210,000 shares, an increase of 14.3% from the June 30th total of 9,810,000 shares. Based on an average trading volume of 6,570,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.0% of the company's shares are short sold.
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Some companies that are related to Ally Financial include State Street (STT), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), Western Alliance Bancorporation (WAL) and Glacier Bancorp (GBCI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Bank of America (BAC), Ford Motor (F), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), CVS Health (CVS), Walt Disney (DIS), Delta Air Lines (DAL) 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 retail and institutional investors. Top institutional shareholders include Magnolia Group LLC (1.78%), Wedge Capital Management L L P NC (1.77%), Scout Investments Inc. (0.54%), Sumitomo Mitsui Trust Holdings Inc. (0.46%), First Trust Advisors LP (0.25%) and Robeco Institutional Asset Management B.V. (0.19%). 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 Robeco Institutional Asset Management B.V., Hancock Whitney Corp, Sumitomo Mitsui Trust Holdings Inc., Zurcher Kantonalbank Zurich Cantonalbank , Strs Ohio, Raymond James & Associates, Rothschild Investment Corp IL, and DNB Asset Management AS.
View insider buying and selling activity for Ally Financial.

ALLY stock was purchased by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Wedge Capital Management L L P NC, Columbus Circle Investors, Scout Investments Inc., First Trust Advisors LP, Assenagon Asset Management S.A., Nissay Asset Management Corp Japan ADV, and Comerica Bank. 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 $20.10.

Ally Financial has a market capitalization of $7.50 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]