Ally Financial Stock Forecast, Price & News

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALLY stock has increased by 18.2% and is now trading at $24.50.
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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.

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

Ally Financial will be holding an earnings conference call on Friday, October 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ally Financial Inc (NYSE:ALLY) released its quarterly earnings results on Friday, July, 17th. The financial services provider reported $0.61 earnings per share 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 analysts' expectations of $1.47 billion. Ally Financial had a net margin of 10.87% and a return on equity of 5.85%. Ally Financial's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.97 EPS.
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 paid a dividend of $0.19 per share on Friday, August 14th. This represents a $0.76 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, July 30th.
View Ally Financial's dividend history.

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

18 Wall Street analysts have issued 1-year price targets for Ally Financial's stock. Their forecasts range from $12.00 to $31.00. On average, they expect Ally Financial's share price to reach $26.50 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for Ally Financial.

Ally Financial saw a increase in short interest in 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 trading volume of 5,110,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.4% of the shares of the company are short sold.
View Ally Financial's Short Interest.

Some companies that are related to Ally Financial include Banco Bradesco (BBD), Bank of New York Mellon (BK), BANCO BRADESCO/S (BBDO), State Street (STT), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and First Financial Bankshares (FFIN).
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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), Delta Air Lines (DAL), CVS Health (CVS), Ford Motor (F), Wells Fargo & Company (WFC), Southwest Airlines (LUV), Exxon Mobil (XOM) and Citigroup (C).

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

Ally Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders 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.

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.

ALLY stock was bought 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.

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 $24.50.

Ally Financial has a market capitalization of $9.16 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]