NYSE:ALLY - Ally 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. Since then, ALLY stock has decreased by 30.4% and is now trading at $14.43. 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 Monday, April 20th 2020. View our earnings forecast for Ally Financial.

Ally Financial will be holding an earnings conference call on Monday, April 20th 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) announced its earnings results on Wednesday, January, 22nd. The financial services provider reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. The financial services provider earned $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. Ally Financial had a net margin of 26.82% and a return on equity of 10.35%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 earnings per share. View Ally Financial's earnings history.

Ally Financial declared a quarterly dividend on Wednesday, January 15th. Stockholders 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 5.27%. The ex-dividend date of this dividend 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 authorized a stock buyback program on Monday, April 1st 2019, which allows the company to buyback $1,250,000,000.00 in 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 programs are typically a sign that the company's board believes its stock is undervalued.

11 brokerages have issued 1 year price targets for Ally Financial's stock. Their forecasts range from $32.00 to $44.00. On average, they anticipate Ally Financial's stock price to reach $36.83 in the next year. This suggests a possible upside of 155.3% from the stock's current price. View analysts' price targets for Ally Financial.

News articles about ALLY stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ally Financial earned a news impact score of 3.0 on InfoTrie's scale. They also assigned press coverage 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 effect on the stock's share price in the next several days. View the latest news aboutAlly Financial.

Ally Financial saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 10,949,600 shares, a decrease of 9.5% from the February 27th total of 12,100,000 shares. Based on an average trading volume of 4,250,000 shares, the days-to-cover ratio is presently 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), 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), First Citizens BancShares (FCNCA), Popular (BPOP) and Western Alliance Bancorporation (WAL).

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."

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 $14.43.

Ally Financial has a market capitalization of $5.40 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]