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NYSE:ALLY

Ally Financial Stock Forecast, Price & News

$24.19
-0.36 (-1.47 %)
(As of 09/22/2020 12:00 AM ET)
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Today's Range
$23.99
Now: $24.19
$24.99
50-Day Range
$20.55
MA: $23.18
$26.09
52-Week Range
$10.22
Now: $24.19
$34.33
Volume7.61 million shs
Average Volume6.00 million shs
Market Capitalization$9.04 billion
P/E Ratio13.82
Dividend Yield3.10%
Beta1.66
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.46 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone866-710-4623

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.39 billion
Cash Flow$7.49 per share
Book Value$37.93 per share

Profitability

Net Income$1.72 billion

Miscellaneous

Employees8,700
Market Cap$9.04 billion
Next Earnings Date10/21/2020 (Estimated)
OptionableOptionable
$24.19
-0.36 (-1.47 %)
(As of 09/22/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ally Financial (NYSE:ALLY) Frequently Asked Questions

How has Ally Financial's stock price been impacted by Coronavirus?

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ALLY stock has increased by 16.7% and is now trading at $24.19.
View which stocks have been most impacted by COVID-19
.

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

18 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 14 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 Wednesday, October 21st 2020.
View our earnings forecast for Ally Financial
.

How were Ally Financial's earnings last quarter?

Ally Financial Inc (NYSE:ALLY) posted its earnings results on Friday, July, 17th. The financial services provider reported $0.61 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.30. The financial services provider had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.47 billion. Ally Financial had a return on equity of 5.85% and a net margin of 10.87%. The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.97 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 Wednesday, July 15th. Investors 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 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date is Thursday, July 30th.
View Ally Financial's dividend history
.

How will Ally Financial's stock buyback program work?

Ally Financial announced that its board has approved a stock repurchase program on Monday, April 1st 2019, which permits the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 10.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

What price target have analysts set for ALLY?

18 equities research analysts have issued 12 month price targets for Ally Financial's stock. Their forecasts range from $12.00 to $31.00. On average, they expect Ally Financial's stock price to reach $26.23 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price.
View analysts' price targets for Ally Financial
.

Are investors shorting Ally Financial?

Ally Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 12,600,000 shares, an increase of 14.1% from the August 15th total of 11,040,000 shares. Based on an average daily trading volume, of 5,110,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.4% of the company's shares are sold short.
View Ally Financial's Short Interest
.

Who are some of Ally Financial's key 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), CVS Health (CVS), Delta Air Lines (DAL), Ford Motor (F), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Citigroup (C) and Southwest Airlines (LUV).

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 investors include Vanguard Group Inc. (9.71%), FMR LLC (2.93%), Platinum Investment Management Ltd. (2.04%), Magnolia Group LLC (1.78%), Wedge Capital Management L L P NC (1.77%) and LSV Asset Management (1.32%). 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 major investors are selling Ally Financial stock?

ALLY stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Vanguard Group Inc., Glenmede Trust Co. NA, AQR Capital Management LLC, Russell Investments Group Ltd., AJO LP, Bank of America Corp DE, and Prudential Financial Inc..
View insider buying and selling activity for Ally Financial
.

Which major investors are buying Ally Financial stock?

ALLY stock was purchased by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Magnolia Group LLC, Platinum Investment Management Ltd., MUFG Securities EMEA plc, Mason Capital Management LLC, Marble Ridge Capital LP, Wedge Capital Management L L P NC, and FMR 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 $24.19.

How big of a company is Ally Financial?

Ally Financial has a market capitalization of $9.04 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 9/23/2020 by MarketBeat.com Staff

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