NYSE:ALLY - Ally Financial Stock Price, Forecast & News

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

Ally Financial announced a quarterly dividend on Wednesday, January 15th. Shareholders of record on Friday, January 31st will be given a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from Ally Financial's previous quarterly dividend of $0.17. View Ally Financial's Dividend History.

Ally Financial declared that its Board of Directors has approved a stock buyback plan on Monday, April 1st 2019, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Ally Financial Inc (NYSE:ALLY) posted its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $0.95 EPS for the quarter, meeting the Thomson Reuters' 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 26.29% and a return on equity of 10.69%. The firm's quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 EPS. View Ally Financial's Earnings History.

11 brokerages have issued 12 month price targets for Ally Financial's stock. Their forecasts range from $32.00 to $45.00. On average, they anticipate Ally Financial's stock price to reach $37.36 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Price Targets for Ally Financial.

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.

News articles about ALLY stock have trended negative on Thursday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ally Financial earned a coverage optimism score of -2.4 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 media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Ally Financial.

Ally Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 15,180,000 shares, an increase of 31.0% from the December 15th total of 11,590,000 shares. Based on an average trading volume of 3,500,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 4.0% of the company's shares are short sold. View Ally Financial's Current Options Chain.

Some companies that are related to Ally Financial include Synchrony Financial (SYF), HARGREAVES LANS/ADR (HRGLY), SBI (SBHGF), LexinFintech (LX), Walker & Dunlop (WD), Green Dot (GDOT), 360 Finance (QFIN), Mr. Cooper Group (COOP), Blucora (BCOR), Qudian (QD), Oportun Financial (OPRT), Yirendai (YRD), America First Multifamily Investors (ATAX), Curo Group (CURO) and CNFinance (CNF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Ford Motor (F), Bank of America (BAC), Energy Transfer LP Unit (ET), Acreage (ACRGF), CVS Health (CVS), Exxon Mobil (XOM), Micron Technology (MU) and American Airlines Group (AAL).

Ally Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.35%), Scout Investments Inc. (0.53%), PGGM Investments (0.30%), Zurcher Kantonalbank Zurich Cantonalbank (0.12%), State of Alaska Department of Revenue (0.04%) and Three Peaks Capital Management LLC (0.02%). Company insiders that own Ally Financial stock include David J Debrunner, Diane E Morais, 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 PGGM Investments, DNB Asset Management AS, Assenagon Asset Management S.A., Nisa Investment Advisors LLC, IFP Advisors Inc, Zurcher Kantonalbank Zurich Cantonalbank , Balasa Dinverno & Foltz LLC and State of Alaska Department of Revenue. Company insiders that have sold Ally Financial company stock in the last year include David J Debrunner, Diane E Morais and Jeffrey Jonathan Brown. View Insider Buying and Selling for Ally Financial.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Wedge Capital Management L L P NC, Rothschild Investment Corp IL, Sciencast Management LP, Three Peaks Capital Management LLC, Cerebellum GP LLC, New England Research & Management Inc. and Huntington National Bank. Company insiders that have bought Ally Financial stock in the last two years include Mayree C Clark and Michael F Steib. View Insider Buying and Selling 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 $32.31.

Ally Financial has a market capitalization of $12.28 billion and generates $5.80 billion in revenue each year. The financial services provider earns $1.26 billion in net income (profit) each year or $3.34 on an earnings per share basis. Ally Financial employs 8,200 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]