NYSE:ALLYAlly Financial Stock Price, Forecast & News

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 (WHO). Since then, ALLY stock has increased by 3.6% and is now trading at $21.47.
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19 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 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ally Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Ally Financial.

Ally Financial Inc (NYSE:ALLY) posted its quarterly earnings data on Friday, July, 17th. The financial services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.31 by $0.30. The financial services provider earned $1.61 billion during the quarter, compared to the consensus estimate of $1.47 billion. Ally Financial had a net margin of 10.87% and a return on equity of 5.85%. The company's revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.97 earnings per share.
View Ally Financial's earnings history.

Ally Financial announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be given a dividend of $0.19 per share on Friday, August 14th. This represents a $0.76 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Thursday, July 30th.
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 repurchase up to 10.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

19 analysts have issued twelve-month target prices for Ally Financial's shares. Their forecasts range from $12.00 to $41.00. On average, they expect Ally Financial's share price to reach $27.16 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for Ally Financial.

News headlines about ALLY stock have been trending very positive recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ally Financial earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Ally Financial.

Ally Financial saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 11,210,000 shares, an increase of 14.3% from the July 15th total of 9,810,000 shares. Based on an average trading volume of 6,570,000 shares, the short-interest ratio is presently 1.7 days. Currently, 3.0% of the company's shares are sold short.
View Ally Financial's Current Options Chain.

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

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

Ally Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Platinum Investment Management Ltd. (2.04%), Magnolia Group LLC (1.78%), Wedge Capital Management L L P NC (1.77%), LSV Asset Management (1.32%), Scout Investments Inc. (0.54%) and Sumitomo Mitsui Trust Holdings Inc. (0.46%). 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.

ALLY stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Russell Investments Group Ltd., Hancock Whitney Corp, LSV Asset Management, Sumitomo Mitsui Trust Holdings Inc., Foundry Partners LLC, Zurcher Kantonalbank Zurich Cantonalbank, and Arizona State Retirement System.
View insider buying and selling activity for Ally Financial.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Platinum Investment Management Ltd., Wedge Capital Management L L P NC, Columbus Circle Investors, Scout Investments Inc., First Trust Advisors LP, Rheos Capital Works Inc., and Assenagon Asset Management S.A.. 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.

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 $21.47.

Ally Financial has a market capitalization of $8.03 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.

The official website for Ally Financial is 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]