Ally Financial - ALLY Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ally Financial in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLY, but not buy additional shares or sell existing shares.
View ALLY analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued 12 month price objectives for Ally Financial's stock. Their ALLY share price forecasts range from $31.00 to $67.00. On average, they anticipate the company's stock price to reach $48.64 in the next year. This suggests a possible upside of 70.5% from the stock's current price.
View analysts price targets for ALLY or view top-rated stocks among Wall Street analysts.

Ally Financial's stock was trading at $47.61 on January 1st, 2022. Since then, ALLY stock has decreased by 40.1% and is now trading at $28.53.
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Ally Financial saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,950,000 shares, an increase of 31.5% from the August 15th total of 9,090,000 shares. Based on an average trading volume of 3,900,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.9% of the company's shares are sold short.
View Ally Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our ALLY earnings forecast.

Ally Financial will be holding an earnings conference call on Wednesday, October 19th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Ally Financial Inc. (NYSE:ALLY) posted its quarterly earnings results on Tuesday, July, 19th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.90 by $0.14. The financial services provider had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.19 billion. Ally Financial had a net margin of 29.79% and a trailing twelve-month return on equity of 20.99%. During the same period in the previous year, the firm posted $2.33 EPS.

Ally Financial declared a quarterly dividend on Monday, July 18th. Shareholders of record on Monday, August 1st will be paid a dividend of $0.30 per share on Monday, August 15th. This represents a $1.20 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Friday, July 29th.
Read our dividend analysis for ALLY.

Ally Financial (NYSE:ALLY) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.10%. ALLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 17.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLY will have a dividend payout ratio of 18.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLY.

306 employees have rated Ally Financial Chief Executive Officer Jeffrey Brown on Glassdoor.com. Jeffrey Brown has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Bank of America (BAC), Alibaba Group (BABA), Delta Air Lines (DAL), CVS Health (CVS), Ford Motor (F), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Walt Disney (DIS) and Exxon Mobil (XOM).

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

Shares of ALLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALLY stock can currently be purchased for approximately $28.53.

Ally Financial (NYSE:ALLY) has a market capitalization of $8.80 billion and generates $8.21 billion in revenue each year. The financial services provider earns $3.06 billion in net income (profit) each year or $6.94 on an earnings per share basis.

The company employs 9,500 workers across the globe.

Ally Financial's mailing address is 500 WOODWARD AVE. FLOOR 10, DETROIT MI, 48226. The official website for the company is www.ally.com. The financial services provider can be reached via phone at (866) 710-4623 or via email at investor.relations@ally.com.