Ally Financial Company Profile (NYSE:ALLY)

Ally Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLY."

Ally Financial announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.12 per share on Tuesday, August 15th. This represents a $0.48 annualized dividend and a yield of 2.19%. The ex-dividend date is Friday, July 28th. This is an increase from Ally Financial's previous quarterly dividend of $0.08. View Ally Financial's Dividend History.

Ally Financial announced that its Board of Directors has authorized a stock repurchase program on Thursday, June 29th 2017, which allows the company to buyback $760,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

Ally Financial Inc. (NYSE:ALLY) issued its earnings results on Thursday, April, 27th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.01. The company earned $1.38 billion during the quarter, compared to analyst estimates of $1.39 billion. Ally Financial had a net margin of 15.68% and a return on equity of 7.63%. During the same period last year, the business posted $0.52 earnings per share. View Ally Financial's Earnings History.

Ally Financial is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Ally Financial.

15 brokerages have issued 1-year price objectives for Ally Financial's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Ally Financial's stock price to reach $24.92 in the next twelve months. View Analyst Ratings for Ally Financial.

Here are some recent quotes from research analysts about Ally Financial stock:

• 1. Credit Suisse Group AG analysts commented, "ALLY hosted a mid-earnings conference call and reported that weaker used car prices are influencing their lease yields and charge-offs: We reiterate our Outperform rating but lower our earnings estimates from $2.32 in '17 to $2.22 and from $2.70 in '18 to $2.55 due to lower auto prices." (3/22/2017)
• 2. According to Zacks Investment Research, "Ally Financial’s shares outperformed the Zacks categorized Consumer Loan industry over the last six months. The company’s fourth-quarter 2016 adjusted earnings outpaced the Zacks Consensus Estimate, attributable to rise in revenues. However, this was partially offset by an increase in expenses and higher provisions for loan losses. Moreover, the company’s high debt levels may restrain its ability to procure additional funds for working capital, acquisitions or other purposes. Nonetheless, the company’s efforts to diversify its revenue sources by enhancing its digital offerings and introducing new products will help bottom-line growth. Also, the company’s encouraging capital deployment activities reflect a strong balance sheet position." (2/7/2017)
• 3. Jefferies Group LLC analysts commented, "ALLY presented at a competitor conference and we are updating our model for 4Q16 and 2017 guidance provided within the presentation. Our FY16 EPS estimate declines from $2.17 to $2.07 and our FY17 EPS estimate declines from $2.48 to $2.24." (12/7/2016)

Some companies that are related to Ally Financial include Navient Corporation (NAVI), OneMain Holdings (OMF), Provident Financial plc (PFG), FirstCash (FCFS), LendingTree (TREE), LendingClub Corporation (LC), PHH Corp (PHH), World Acceptance Corporation (WRLD), EZCORP (EZPW), International Personal Finance Plc (IPF), Regional Management Corp. (RM), S & U PLC (SUS), Non-Standard Finance PLC (NSF), Morses Club PLC (MCL), Fairpoint Group Plc (FRP), Cash America International (CSH), Navient Corp (NAVIV) and Stonegate Mortgage Corp (SGM).

Ally Financial's management team includes the folowing people:

• Franklin W. Hobbs IV, Independent Chairman of the Board
• Jeffrey J. Brown, Chief Executive Officer, Director
• Christopher A. Halmy, Chief Financial Officer
• Diane Morais, Chief Executive Officer and President of Ally Bank
• Timothy M. Russi, President of Auto Finance of Ally
• David P. Shevsky, Chief Risk Officer
• David J. DeBrunner, Chief Accounting Officer, Vice President, Corporate Controller
• Scott A. Stengel, Vice President, General Counsel
• Kenneth J. Bacon, Independent Director
• Robert T. Blakely Ph.D., Independent Director

Ally Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Treasurer State of Michigan (0.30%), Bank of Montreal Can (0.07%), Sentinel Trust Co. LBA (0.05%), Aperio Group LLC (0.04%), Gateway Investment Advisers LLC (0.04%) and Mn Services Vermogensbeheer B.V. (0.02%). Company insiders that own Ally Financial stock include Christopher A Halmy, Jeffrey Jonathan Brown, Marjorie Magner and Mayree C Clark. View Institutional Ownership Trends for Ally Financial.

Ally Financial's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, NN Investment Partners Holdings N.V. and US Bancorp DE. View Insider Buying and Selling for Ally Financial.

Ally Financial's stock was purchased by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Mn Services Vermogensbeheer B.V., James Investment Research Inc., Bedrijfstakpensioenfonds Voor DE Media PNO, Aperio Group LLC, Sentinel Trust Co. LBA, Malaga Cove Capital LLC and Nisa Investment Advisors LLC. Company insiders that have bought Ally Financial stock in the last two years include Christopher A Halmy, Jeffrey Jonathan Brown, Marjorie Magner and Mayree C Clark. View Insider Buying and Selling for Ally Financial.

Shares of Ally Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ally Financial stock can currently be purchased for approximately $21.93.