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 shares have 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 earnings per share (EPS) for the quarter, topping the 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 net margin of 10.87% and a return on equity of 5.85%. The business's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, July 30th.
View Ally Financial's dividend history.

Ally Financial announced that its Board of Directors has initiated a stock buyback plan 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 purchase up to 10.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

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

News coverage about ALLY stock has been trending extremely negative recently, InfoTrie reports. The research group identifies positive and negative media 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 daily sentiment score of -4.8 on InfoTrie's scale. They also gave media stories 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 stock's share price in the near term.
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 daily volume of 6,570,000 shares, the short-interest ratio is currently 1.7 days. Currently, 3.0% of the shares of the company are short sold.
View Ally Financial's Short Interest.

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 a variety of retail and institutional 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 bought 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]