NYSE:ALLY - Ally Financial Stock Price, Forecast & News

Ally Financial's stock was trading at $20.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ALLY shares have decreased by 23.9% and is now trading at $15.77. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last year. There are currently 4 hold ratings and 7 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 Thursday, April 16th 2020. View our earnings forecast for Ally Financial.

Ally Financial Inc (NYSE:ALLY) released its earnings results on Wednesday, January, 22nd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.95. The financial services provider earned $1.60 billion during the quarter, compared to the consensus estimate of $1.58 billion. Ally Financial had a net margin of 26.82% and a return on equity of 10.35%. The firm's quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the business earned $0.92 EPS. View Ally Financial's earnings history.

Ally Financial announced a quarterly dividend on Wednesday, January 15th. Investors of record on Friday, January 31st will be given a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Thursday, January 30th. This is a boost from Ally Financial's previous quarterly dividend of $0.17. View Ally Financial's dividend history.

Ally Financial declared that its Board of Directors has initiated a stock buyback plan on Monday, April 1st 2019, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

11 equities research analysts have issued 12 month price targets for Ally Financial's stock. Their forecasts range from $32.00 to $44.00. On average, they anticipate Ally Financial's share price to reach $36.83 in the next twelve months. This suggests a possible upside of 133.6% from the stock's current price. View analysts' price targets for Ally Financial.

News coverage about ALLY stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ally Financial earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutAlly Financial.

Ally Financial saw a decline in short interest in March. As of March 13th, there was short interest totaling 10,949,600 shares, a decline of 9.5% from the February 27th total of 12,100,000 shares. Based on an average daily volume of 4,250,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 3.0% of the company's stock are short sold. View Ally Financial's Current Options Chain.

Some companies that are related to Ally Financial include State Street (STT), Northern Trust (NTRS), M&T Bank (MTB), Deutsche Bank (DB), Fifth Third Bancorp (FITB), 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Ford Motor (F), Bank of America (BAC), Micron Technology (MU), Gilead Sciences (GILD), Acreage (ACRGF), CVS Health (CVS) 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 a number of institutional and retail investors. Top institutional investors include State Street Corp (3.00%), FMR LLC (1.56%), AJO LP (1.54%), LSV Asset Management (1.44%), Man Group plc (1.39%) and Lakewood Capital Management LP (1.35%). 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 Renaissance Technologies LLC, Lord Abbett & CO. LLC, Personal Capital Advisors Corp, PGGM Investments, Victory Capital Management Inc., Schonfeld Strategic Advisors LLC, Lakewood Capital Management LP, and FIL Ltd. 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.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Point72 Asset Management L.P., AQR Capital Management LLC, Scout Investments Inc., MUFG Securities EMEA plc, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, 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.

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 $15.77.

Ally Financial has a market capitalization of $5.90 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. View additional information about Ally Financial.

The official website for Ally Financial is http://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]