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
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ALLY
CUSIPN/A
Phone866-710-4623
Debt
Debt-to-Equity Ratio3.45
Current Ratio1.19
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio11.05
Forward P/E Ratio8.90
P/E Growth0.7
Sales & Book Value
Annual Sales$9.87 billion
Price / Sales1.15
Cash Flow$6.7398 per share
Price / Cash3.92
Book Value$30.52 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)$2.39
Net Income$929 million
Net Margins14.20%
Return on Equity8.71%
Return on Assets0.70%
Miscellaneous
Employees7,900
Outstanding Shares430,030,000
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 Friday, April 13th. Investors of record on Tuesday, May 1st will be given a dividend of $0.13 per share on Tuesday, May 15th. This represents a $0.52 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Monday, April 30th. View Ally Financial's Dividend History.
How will Ally Financial's stock buyback program work?
Ally Financial announced that its Board of Directors has authorized a stock repurchase plan on Thursday, June 29th 2017, which allows the company to buyback $760,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 7.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.
How were Ally Financial's earnings last quarter?
Ally Financial Inc (NYSE:ALLY) issued its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.02. The financial services provider had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.45 billion. Ally Financial had a net margin of 14.20% and a return on equity of 8.71%. During the same period last year, the firm earned $0.48 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?
19 brokerages have issued twelve-month target prices for Ally Financial's stock. Their predictions range from $28.00 to $36.00. On average, they expect Ally Financial's share price to reach $32.2778 in the next twelve months. View Analyst Ratings for Ally Financial.
Who are some of Ally Financial's key competitors?
Some companies that are related to Ally Financial include Synchrony Financial (SYF), CHINA MERCHANTS/ADR (CIHKY), SBI (SBHGF), Green Dot (GDOT), Qudian (QD), Blackhawk Network (HAWK), LexinFintech (LX), BLUCORA INC Common Stock (BCOR), Walker & Dunlop (WD), Wins Finance (WINS), Yirendai (YRD), Curo Group (CURO), OnDeck Capital (ONDK), Everi (EVRI) and Hexindai (HX).
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 been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ally Financial earned a news impact score of 0.01 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Ally Financial's major shareholders?
Ally Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.61%), JPMorgan Chase & Co. (3.81%), Franklin Resources Inc. (3.76%), First Pacific Advisors LLC (2.45%), Oaktree Capital Management LP (2.03%) and Wedge Capital Management L L P NC (1.96%). View Institutional Ownership Trends for Ally Financial.
Which institutional investors are selling Ally Financial stock?
ALLY stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., JPMorgan Chase & Co., Canyon Capital Advisors LLC, Canyon Capital Advisors LLC, First Pacific Advisors LLC, Oaktree Capital Management LP, Millennium Management LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Ally Financial.
Which institutional investors are buying Ally Financial stock?
ALLY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., LSV Asset Management, O Shaughnessy Asset Management LLC, Wedge Capital Management L L P NC, Platinum Investment Management Ltd., Allianz Asset Management GmbH, New York State Common Retirement Fund and Robeco Institutional Asset Management B.V.. 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 $26.42.
How big of a company is Ally Financial?
Ally Financial has a market capitalization of $11.24 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 (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.
