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
Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ALLY
CUSIPN/A
Phone866-710-4623
Debt
Debt-to-Equity Ratio3.60
Current Ratio1.21
Quick Ratio1.21
Price-To-Earnings
Trailing P/E Ratio11.40
Forward P/E Ratio8.84
P/E Growth0.69
Sales & Book Value
Annual Sales$9.87 billion
Price / Sales1.17
Cash Flow$6.7426 per share
Price / Cash4.04
Book Value$30.52 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$2.39
Net Income$929 million
Net Margins15.62%
Return on Equity9.45%
Return on Assets0.75%
Miscellaneous
Employees7,900
Outstanding Shares422,080,000
Market Cap$11.36 billion
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 declared a quarterly dividend on Tuesday, July 17th. Shareholders of record on Wednesday, August 1st will be given a dividend of $0.15 per share on Wednesday, August 15th. This represents a $0.60 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Tuesday, July 31st. This is an increase from Ally Financial's previous quarterly dividend of $0.13. View Ally Financial's Dividend History.
How will Ally Financial's stock buyback program work?
Ally Financial declared that its board has approved a stock repurchase plan on Thursday, June 29th 2017, which authorizes the company to buyback $760,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.
How were Ally Financial's earnings last quarter?
Ally Financial Inc (NYSE:ALLY) announced its earnings results on Thursday, July, 26th. The financial services provider reported $0.83 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.12. The financial services provider had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.47 billion. Ally Financial had a net margin of 15.62% and a return on equity of 9.45%. During the same quarter last year, the firm earned $0.55 earnings per share. View Ally Financial's Earnings History.
When is Ally Financial's next earnings date?
What price target have analysts set for ALLY?
20 brokers have issued 12-month target prices for Ally Financial's shares. Their forecasts range from $28.00 to $36.00. On average, they expect Ally Financial's share price to reach $32.8421 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View Analyst Price Targets for Ally Financial.
What is the consensus analysts' recommendation for Ally Financial?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ally Financial.
Who are some of Ally Financial's key competitors?
Some companies that are related to Ally Financial include Zurich Insurance Group (ZURVY), Synchrony Financial (SYF), CHINA MERCHANTS/ADR (CIHKY), SBI (SBHGF), Green Dot (GDOT), Blackhawk Network (HAWK), Qudian (QD), LexinFintech (LX), Walker & Dunlop (WD), BLUCORA INC Common Stock (BCOR), Wins Finance (WINS), Curo Group (CURO), Yirendai (YRD), On Deck Capital (ONDK) and Everi (EVRI).
Who are Ally Financial's key executives?
Ally Financial's management team includes the folowing people:
- Mr. Jeffrey J. Brown, CEO & Director (Age 45)
- Mr. Scott A. Stengel, Gen. Counsel (Age 46)
- Mr. Timothy M. Russi, Vice Chairman of Auto Fin. (Age 55)
- Ms. Diane E. Morais, Pres of Consumer & Commercial Banking Products (Age 52)
- Ms. Jennifer A. LaClair, Chief Financial Officer (Age 46)
Has Ally Financial been receiving favorable news coverage?
Press coverage about ALLY stock has trended somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ally Financial earned a daily sentiment score of 0.06 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 47.70 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Ally Financial.
Who are Ally Financial's major shareholders?
Ally Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.29%), Bank of New York Mellon Corp (3.23%), Canada Pension Plan Investment Board (2.14%), Wedge Capital Management L L P NC (1.88%), Dimensional Fund Advisors LP (1.66%) and LSV Asset Management (0.98%). View Institutional Ownership Trends for Ally Financial.
Which major investors are selling Ally Financial stock?
ALLY stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, FMR LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Columbus Hill Capital Management L.P., First Trust Advisors LP, EJF Capital LLC and Wedge Capital Management L L P NC. View Insider Buying and Selling for Ally Financial.
Which major investors are buying Ally Financial stock?
ALLY stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Unigestion Holding SA, LSV Asset Management, Janus Henderson Group PLC, Canada Pension Plan Investment Board, Capital Fund Management S.A., Morgan Stanley and Private Management Group Inc.. 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 $27.24.
How big of a company is Ally Financial?
Ally Financial has a market capitalization of $11.36 billion and generates $9.87 billion in revenue each year. The financial services provider earns $929 million in net income (profit) each year or $2.39 on an earnings per share basis. Ally Financial employs 7,900 workers across the globe.
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.
