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

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

Ally Financial announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.19 per share on Friday, February 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Thursday, January 30th. This is a positive change from Ally Financial's previous quarterly dividend of $0.17. View Ally Financial's Dividend History.

Ally Financial announced that its Board of Directors has initiated a stock repurchase plan on Monday, April 1st 2019, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.

Ally Financial Inc (NYSE:ALLY) released its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.95. The financial services provider had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.58 billion. Ally Financial had a return on equity of 10.40% and a net margin of 26.82%. The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share. View Ally Financial's Earnings History.

Ally Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Ally Financial.

11 analysts have issued 12 month price objectives for Ally Financial's shares. Their forecasts range from $32.00 to $45.00. On average, they anticipate Ally Financial's share price to reach $37.50 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Ally Financial.

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.

News articles about ALLY stock have been trending extremely negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. Ally Financial earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines 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 impact on the stock's share price in the next few days. View News Stories for Ally Financial.

Ally Financial saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 15,180,000 shares, an increase of 31.0% from the December 31st total of 11,590,000 shares. Based on an average daily trading volume, of 3,400,000 shares, the short-interest ratio is presently 4.5 days. Currently, 4.0% of the shares of the company are short sold. View Ally Financial's Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ally Financial investors own include AT&T (T), Alibaba Group (BABA), Ford Motor (F), Energy Transfer LP Unit (ET), Bank of America (BAC), CVS Health (CVS), Acreage (ACRGF), Exxon Mobil (XOM), Micron Technology (MU) and American Airlines Group (AAL).

Ally Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.00%), FMR LLC (1.56%), AJO LP (1.54%), LSV Asset Management (1.44%), Lakewood Capital Management LP (1.35%) and Wedge Capital Management L L P NC (1.35%). Company insiders that own Ally Financial stock include David J Debrunner, Diane E Morais, 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, Diane E Morais and Jeffrey Jonathan Brown. View Insider Buying and Selling for Ally Financial.

ALLY stock was acquired by a variety of institutional investors in the last quarter, including 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, Magnolia Group LLC and NorthCoast Asset Management LLC. Company insiders that have bought Ally Financial stock in the last two years include Mayree C Clark and Michael F Steib. View Insider Buying and Selling 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 $32.85.

Ally Financial has a market capitalization of $12.49 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 8,200 workers across the globe.View Additional Information About Ally Financial.