NYSE:ALLYAlly Financial Stock Price, Forecast & News

$22.64

+1.43 (+6.74 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$22.44

Now: $22.64▼

$24.38

50-Day Range

$13.56

MA: $15.93▼

$21.21

52-Week Range

$10.22

Now: $22.64▼

$35.42

Volume10.59 million shs

Average Volume6.17 million shs

Market Capitalization$8.45 billion

P/E Ratio8.81

Dividend Yield3.58%

Beta1.6

Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. It operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also offers financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment provides 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 jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment offers senior secured leveraged cash flow and asset-based loans to middle market companies. It primarily focuses 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 provides commercial banking products and services. In addition, it offers digital securities brokerage and investment advisory 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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Ally Financial has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 10 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $30.27, Ally Financial has a potential upside of 33.7% from its current price of $22.64.
Amount of Analyst Coverage
Ally Financial has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Ally Financial has received 672 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ally Financial has received 590 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ally Financial has received 53.25% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Ally Financial is a leading dividend payer. It pays a dividend yield of 3.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ally Financial has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Ally Financial is 20.43 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ally Financial will have a dividend payout ratio of 32.20 % next year. This indicates that Ally Financial will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ally Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $416,750.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.36% of the stock of Ally Financial is held by insiders.
Percentage Held by Institutions
92.97% of the stock of Ally Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Ally Financial are expected to grow by 372.00% in the coming year, from $0.50 to $2.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ally Financial is 8.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ally Financial is 8.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.29.
Price to Book Value per Share Ratio
Ally Financial has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.62 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:ALLY

Previous Symbol

CUSIPN/A

CIK40729

Webwww.ally.com

Phone866-710-4623

Debt

Debt-to-Equity Ratio2.30

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio8.81

Forward P/E Ratio45.28

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.39 billion

Price / Sales1.32

Cash Flow$8.51 per share

Price / Cash Flow2.66

Book Value$37.93 per share

Price / Book0.60

Profitability

EPS (Most Recent Fiscal Year)$3.72

Net Income$1.72 billion

Net Margins16.46%

Return on Equity6.92%

Return on Assets0.54%

Miscellaneous

Employees8,700

Outstanding Shares373,160,000

Market Cap$8.45 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Ally Financial (NYSE:ALLY) Frequently Asked Questions

How has Ally Financial's stock been impacted by COVID-19 (Coronavirus)?

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ALLY stock has increased by 9.3% and is now trading at $22.64. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ally Financial?

14 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 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ally Financial.

When is Ally Financial's next earnings date?

Ally Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Ally Financial.

How were Ally Financial's earnings last quarter?

Ally Financial Inc (NYSE:ALLY) issued its quarterly earnings data on Monday, April, 20th. The financial services provider reported ($0.44) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by $1.29. The financial services provider earned $1.61 billion during the quarter, compared to analysts' expectations of $1.61 billion. Ally Financial had a net margin of 16.46% and a return on equity of 6.92%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 earnings per share. View Ally Financial's earnings history.

How often does Ally Financial pay dividends? What is the dividend yield for Ally Financial?

Ally Financial announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Friday, May 1st will be given a dividend of $0.19 per share on Friday, May 15th. This represents a $0.76 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Thursday, April 30th. View Ally Financial's dividend history.

How will Ally Financial's stock buyback program work?

Ally Financial declared that its board has initiated a stock repurchase program on Monday, April 1st 2019, which authorizes the company to buyback $1,250,000,000.00 in outstanding 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 programs are usually a sign that the company's board believes its shares are undervalued.

What price target have analysts set for ALLY?

14 brokerages have issued 12 month target prices for Ally Financial's shares. Their forecasts range from $12.00 to $44.00. On average, they expect Ally Financial's stock price to reach $30.27 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View analysts' price targets for Ally Financial.

Has Ally Financial been receiving favorable news coverage?

Media headlines about ALLY stock have trended negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ally Financial earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutAlly Financial.

Are investors shorting Ally Financial?

Ally Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 10,140,000 shares, an increase of 6.8% from the April 30th total of 9,490,000 shares. Based on an average daily volume of 7,170,000 shares, the short-interest ratio is currently 1.4 days. Approximately 2.7% of the company's shares are short sold. View Ally Financial's Current Options Chain.

Who are some of Ally Financial's key competitors?

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), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), First Financial Bankshares (FFIN), Western Alliance Bancorporation (WAL), First Citizens BancShares (FCNCA) and Glacier Bancorp (GBCI). View all competitors.

What other stocks do shareholders of Ally Financial own?

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).

Who are Ally Financial's key executives?

Ally Financial's management team includes the following people:

Mr. Jeffrey J. Brown, CEO & Director (Age 46)
Ms. Jennifer A. LaClair, Chief Financial Officer (Age 47)
Mr. Scott A. Stengel, Gen. Counsel (Age 47)
Mr. Douglas R. Timmerman, Pres of Auto Fin. (Age 56)
Ms. Diane E. Morais, Pres of Consumer & Commercial Banking Products (Age 53)

What is Ally Financial's stock symbol?

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

Who are Ally Financial's major shareholders?

Ally Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (3.09%), Invesco Ltd. (1.87%), Wedge Capital Management L L P NC (1.58%), Magnolia Group LLC (1.41%), AJO LP (1.23%) and Geode Capital Management LLC (1.22%). 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.

Which institutional investors are selling Ally Financial stock?

ALLY stock was sold by a variety of institutional investors in the last quarter, including AJO LP, JPMorgan Chase & Co., Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, and Morgan Stanley. Company insiders that have sold Ally Financial company stock in the last year include David J Debrunner, and Diane E Morais. View insider buying and selling activity for Ally Financial.

Which institutional investors are buying Ally Financial stock?

ALLY stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Eminence Capital LP, AQR Capital Management LLC, Wedge Capital Management L L P NC, Aperio Group LLC, Invesco Ltd., State of Michigan Retirement System, and Magnolia Group LLC. 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Ally Financial's stock price today?

One share of ALLY stock can currently be purchased for approximately $22.64.

How big of a company is Ally Financial?

Ally Financial has a market capitalization of $8.45 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.

What is Ally Financial's official website?

The official website for Ally Financial is www.ally.com.

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff